Joseph Perillo - Patriot National CFO, Executive Vice President

PNBK Stock  USD 1.60  0.03  1.91%   

President

Mr. Joseph D. Perillo, CPA, is Chief Financial Officer, Executive Vice President of the Company and Bank. He served as a senior executive consultant for several months beginning in January 2017, tasked with assessing the finance departments processes and improving operations and internal controls. Mr. Perillo is a recognized finance industry leader with over two decades of experience in the banking industry, having served as Chief Accounting Officer and Chief Financial Officer for iQor Inc., a 1.5 billion global leader in business process outsourcing. He began in public accounting with KPMG and then spent over 20 years in banking with Citibank, NatWest and as Senior Vice President Controller for GreenPoint Financial, then one of the 50 largest banking companies in the U.S since 2017.
Age 68
Tenure 8 years
Address 900 Bedford Street, Stamford, CT, United States, 06901
Phone203 252 5900
Webhttps://bankpatriot.com
Perillo earned his BS in accounting from St. John’s University and is a Certified Public Accountant.

Patriot National Management Efficiency

The value of Return On Tangible Assets is estimated to slide to -0.0036. Return On Capital Employed is expected to rise to -0.0034 this year. At this time, Patriot National's Liabilities And Stockholders Equity is quite stable compared to the past year. Non Current Liabilities Total is expected to rise to about 1.3 B this year, although the value of Total Current Liabilities will most likely fall to about 3.9 M. Patriot National's management efficiency ratios could be used to measure how well Patriot National manages its routine affairs as well as how well it operates its assets and liabilities.
Patriot National Bancorp currently holds 201.1 M in liabilities with Debt to Equity (D/E) ratio of 9.63, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about Patriot National's use of debt, we should always consider it together with its cash and equity.

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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 was founded in 1994 and is headquartered in Stamford, Connecticut. Patriot Natl operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 128 people. Patriot National Bancorp (PNBK) is traded on NASDAQ Exchange in USA. It is located in 900 Bedford Street, Stamford, CT, United States, 06901 and employs 117 people. Patriot National is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Patriot National Bancorp Leadership Team

Elected by the shareholders, the Patriot National's board of directors comprises two types of representatives: Patriot National inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Patriot. The board's role is to monitor Patriot National's management team and ensure that shareholders' interests are well served. Patriot National's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Patriot National's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Lowery, CEO President
Alfred Botta, National Bank
Al Botta, Ex Officer
Steven Grunblatt, Ex Officer
Thomas Slater, Ex Officer
Frederick Staudmyer, Chief Admin. Officer and Executive VP
Robert Russell, CEO Pres
Susan Raizer, VP Underwriter
Joseph Perillo, CFO, Executive Vice President
Patrick Trombly, Senior Officer
David Finn, Executive CFO
Judith Corprew, Executive Vice President Chief Compliance and Credit Risk Officer of the Bank

Patriot Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Patriot National a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Patriot National Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Patriot Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Patriot National Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Patriot National Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patriot National Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Patriot National. If investors know Patriot will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Patriot National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.48)
Earnings Share
(7.40)
Revenue Per Share
6.099
Quarterly Revenue Growth
(0.45)
Return On Assets
(0.01)
The market value of Patriot National Bancorp is measured differently than its book value, which is the value of Patriot that is recorded on the company's balance sheet. Investors also form their own opinion of Patriot National's value that differs from its market value or its book value, called intrinsic value, which is Patriot National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Patriot National's market value can be influenced by many factors that don't directly affect Patriot National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Patriot National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Patriot National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patriot National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.