Is PATRIOT NATIONAL BANCORP INC (PNBK) Halal?

NASDAQ Financial Services United States $146M
✗ NOT HALAL
Confidence: 95/100
PATRIOT NATIONAL BANCORP INC (PNBK) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

EPS
$-2.56
P/B Ratio
1.5
Revenue
$28M
Growth: 25.6%
Beta
-0.7
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin -26.9%
Net Margin -116.2%
Return on Equity (ROE) -35.9%
Return on Assets (ROA) -2.1%

Cash Flow & Balance Sheet

Operating Cash Flow$3M
Free Cash Flow$3M
Total Debt$33M
Total Assets$1.0B

Price & Trading

Last Close$1.29
50-Day MA$1.41
200-Day MA$1.43
Avg Volume266K
Beta-0.7
52-Week Range
$0.90
$7.47

About PATRIOT NATIONAL BANCORP INC (PNBK)

CEO
Mr. Steven Alan Sugarman J.D.
Employees
129
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$146M
Currency
USD

Patriot National Bancorp, Inc. operates as the holding company for Patriot Bank, N.A. that provides community banking services to individuals, small and medium-sized businesses, and professionals. The company accepts consumer and commercial deposit accounts, such as checking, interest-bearing negotiable order of withdrawal, money market, time certificates of deposit, savings, prepaid deposit, online national money market, individual retirement accounts, and health savings accounts, as well as certificate of deposit account registry service. Its loan portfolio comprises commercial real estate, commercial business, small business administration, construction, purchased residential real estate, and various consumer loans. The company also offers automated clearing house transfers, lockbox, internet banking, bill payment, remote deposit capture, debit card, money order, traveler's check, and automatic teller machine services. It operates in New York; Connecticut; New Jersey; and internationally. The company was founded in 1994 and is headquartered in Stamford, Connecticut.

Related Halal Stocks in Financial Services

Frequently Asked Questions

Is PATRIOT NATIONAL BANCORP INC (PNBK) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), PATRIOT NATIONAL BANCORP INC is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is PATRIOT NATIONAL BANCORP INC's debt ratio?

PATRIOT NATIONAL BANCORP INC's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are PATRIOT NATIONAL BANCORP INC's key financial metrics?

PATRIOT NATIONAL BANCORP INC has a market capitalization of $146M, and revenue of $28M. Return on equity stands at -35.9%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.