Patriot Bank

From an added level of convenience to better banking options, faster answers and innovative solutions that simplify your day, our goal is to deliver a superior banking experience that also benefits our communities. Since we opened our doors in 1994, our mission has been to serve our local communities by helping our neighbors and neighborhood businesses thrive. Our lending is handled locally and is specific to each borrower, and our commitment to local businesses goes further to connect, support and grow businesses in both the for-profit and nonprofit sectors. We believe a well-connected community is a strong community—and that together, we can accomplish more in less time. Our bankers offer more than just expert advice and guidance. We are your neighbors. You’re just as likely to see us cheering on the Little League team we’ve sponsored or manning the table at a fundraiser, as you are to see us at your local branch. We’re proud to live here, work here, and like you, we know that the best relationships are an investment in the community.
Type
Public
HQ
Stamford, US
Founded
1994
Size (employees)
83 (est)
Patriot Bank was founded in 1994 and is headquartered in Stamford, US

Patriot Bank Office Locations

Patriot Bank has offices in Stamford, Darien, Fairfield, Greenwich and in 6 other locations
Stamford, US (HQ)
900 Bedford St
Scarsdale, US
495 Central Park Ave
Bedford, US
432 Old Post Rd
Westport, US
370 Post Rd E
Trumbull, US
945 White Plains Rd
Norwalk, US
16 River St

Patriot Bank Data and Metrics

Patriot Bank Financial Metrics

Patriot Bank's revenue was reported to be $94 k in Q1, 2017
USD

Revenue (Q1, 2017)

94 k

Gross profit (Q1, 2017)

(1.3 m)

Gross profit margin (Q1, 2017), %

(1379%)

Net income (Q1, 2017)

1.7 m

EBIT (Q1, 2017)

5.5 m

Market capitalization (21-Jul-2017)

64 m

Cash (31-Mar-2017)

60.3 m
Patriot Bank's current market capitalization is $64 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

21.7 m20.4 m23.7 m25.4 m

Revenue growth, %

(6%)17%7%

Cost of goods sold

4.9 m3 m2.7 m3 m

Gross profit

16.8 m17.4 m21.1 m22.4 m

Gross profit Margin, %

78%85%89%88%

Sales and marketing expense

9.5 m

Operating expense total

25.9 m18.3 m18.9 m18.4 m

EBIT

15.8 m17.4 m20.8 m19.9 m

EBIT margin, %

73%85%88%78%

Pre tax profit

(7.6 m)959 k3.5 m3.1 m

Income tax expense

(338.8 k)(14.8 m)

Net Income

(7.3 m)15.7 m2.1 m1.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

107 k103 k104 k104 k94 k

Cost of goods sold

722 k691 k671 k671 k665 k684 k651 k716 k1.4 m

Gross profit

(558 k)(581 k)(547 k)(612 k)(1.3 m)

Gross profit Margin, %

(521%)(564%)(526%)(588%)(1379%)

Sales and marketing expense

2 m2.1 m2.3 m2.4 m2.2 m2.6 m2.6 m2.2 m2.4 m

Operating expense total

2 m2.1 m2.3 m2.4 m2.2 m2.6 m2.6 m2.2 m2.4 m

EBIT

4.1 m4.3 m4.8 m5.4 m5.4 m5.4 m5.4 m5.4 m5.5 m

EBIT margin, %

5088%5267%5175%5155%5887%

Pre tax profit

525 k449 k490 k1.1 m1.1 m1.1 m1 m1.3 m2.9 m

Income tax expense

(16.8 m)201 k452 k420 k

Net Income

525 k17.3 m289 k978 k1.6 m653 k1.3 m885 k1.7 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

34.9 m73.3 m85.4 m92.3 m

Accounts Receivable

300 k

PP&E

15.1 m22.4 m29.4 m32.8 m

Total Assets

541.2 m632.6 m653.5 m756.7 m

Accounts Payable

529.3 m

Total Liabilities

694.1 m

Additional Paid-in Capital

105.5 m105.8 m106.6 m106.7 m

Retained Earnings

(62.7 m)(47 m)(44.8 m)(42.9 m)

Total Equity

41.8 m58.7 m61.5 m62.6 m

Financial Leverage

12.9 x10.8 x10.6 x12.1 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

53.1 m59.3 m67 m46.5 m45.5 m60.3 m

PP&E

24.7 m29.2 m29.8 m30 m30.9 m33.4 m

Total Assets

628.9 m640.7 m635.8 m653.1 m683.1 m774.8 m

Accounts Payable

457.5 m446.4 m425.6 m446.3 m471.2 m561 m

Additional Paid-in Capital

106 m106.1 m106.7 m106.9 m106.7 m106.8 m

Retained Earnings

(46 m)(45.4 m)(44.2 m)(43.6 m)(43.9 m)(41.2 m)

Total Equity

60.1 m60.9 m62.3 m63.1 m62.6 m64.4 m

Financial Leverage

10.5 x10.5 x10.2 x10.3 x10.9 x12 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(7.3 m)15.7 m2.1 m1.9 m

Depreciation and Amortization

1.1 m1 m1.2 m

Accounts Payable

225 k

Cash From Operating Activities

(4.7 m)22.5 m5.9 m4.5 m

Cash From Investing Activities

35.6 m(59.9 m)(9.7 m)(99.1 m)

Cash From Financing Activities

(67.1 m)75.8 m16 m101.5 m

Interest Paid

4.7 m4.2 m2.3 m3.4 m

Income Taxes Paid

2.8 k3 k3 k360 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

525 k17.3 m289 k978 k1.6 m653 k1.3 m885 k1.7 m

Depreciation and Amortization

573 k835 k246 k499 k776 k616 k920 k272 k

Accounts Payable

513 k548 k

Cash From Operating Activities

17 k853 k1.1 m3.4 m5 m2.6 m4.2 m513 k

Cash From Investing Activities

13.8 m(44 m)(22.5 m)(18 m)(24.3 m)(39.2 m)(72.5 m)(49.2 m)

Cash From Financing Activities

11.2 m65.9 m14.1 m(5.6 m)5.4 m(2.4 m)28.5 m16.7 m

Interest Paid

3 m3.6 m586 k1.1 m1.7 m1.2 m2.4 m1.1 m

Income Taxes Paid

3 k3 k3 k3 k3 k253 k
USDY, 2017

Revenue/Employee

1.1 k

Financial Leverage

12 x

Patriot Bank Market Value History

Patriot Bank Company Life and Culture

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