Patriot National Bancorp (PNBK) Declares $0.01 Quarterly Dividend; 0.2% Yield

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Go back to Patriot National Bancorp (PNBK) Declares $0.01 Quarterly Dividend; 0.2% Yield

Patriot National Bancorp Net Income Breaks $1 Million Milestone in the Third Quarter; Declares Quarterly Dividend

October 31, 2017 8:31 AM EDT

STAMFORD, Conn., Oct. 31, 2017 (GLOBE NEWSWIRE) -- Patriot National Bancorp, Inc. (Patriot, Bancorp) (NASDAQ: PNBK), the parent company of Patriot Bank, N.A. (the Bank), today announced another milestone achievement with quarterly pre-tax earnings of $1.7 million and quarterly net income exceeding $1.0 million, or $0.26 per fully diluted share.

The $1 million net income compares to net income of $804 thousand, $0.21 per fully diluted share, in the second quarter of 2017 and $814 thousand, $0.21 per share, for the same quarter a year ago. For the nine months ended September 30, 2017 net income was $3.5 million, or $0.91 per diluted share, compared... More