Brean Capital Remains a Buy on Patriot National Bancorp Inc

In a report released today, Blair Brantley from Brean Capital reiterated a Buy rating on Patriot National Bancorp Inc (NASDAQ: PNBK). The company’s shares opened today at $19.05.

According to TipRanks.com, Brantley is a 4-star analyst with an average return of 6.3% and a 73.7% success rate. Brantley covers the Financial sector, focusing on stocks such as Union First Market Bankshares Corp, Carolina Financial Corporation, and Community Bankers Trust Corp.

Patriot National Bancorp Inc has an analyst consensus of Moderate Buy.

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Based on Patriot National Bancorp Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $9.45 million and quarterly net profit of $600K. In comparison, last year the company earned revenue of $7.2 million and had a net profit of $1.73 million.

Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is negative on the stock.

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Patriot National Bancorp, Inc. operates as a bank holding company. The company offers consumer and commercial banking services to individuals, government and nonprofit entities, small and medium-sized businesses and professionals.