Patriot National Bancorp (PNBK) Deferred Taxes (2014 - 2024)
Patriot National Bancorp (PNBK) posted quarterly Deferred Taxes of $183000.0 for Q3 2024, down 62.96% year-over-year from $494000.0 in Q4 2023, and up 119.34% quarter-over-quarter from -$946000.0 in Q2 2024.
Patriot National Bancorp (PNBK) Deferred Taxes (2014 - 2024) Analysis & Trends
Patriot National Bancorp's Deferred Taxes history runs 11 years deep, the most recent figure standing at $183000.0 for Q3 2024.
- In Q3 2024, Deferred Taxes fell 62.96% year-over-year to $183000.0; the TTM figure through Sep 2024 stood at -$4.9 million (down 915.54% YoY), while the FY2023 annual figure was -$4.2 million, down 382.62% from the prior year.
- Deferred Taxes for Q3 2024 stood at $183000.0, up from -$946000.0 in the prior quarter.
- The five-year high for Deferred Taxes was $605000.0 in Q4 2022, with the low at -$4.2 million in Q4 2023.
- The 5-year median for Deferred Taxes is $183000.0 (2024), against an average of -$212000.0.
- The sharpest annual moves came in 2020 and 2023: Deferred Taxes soared 1906.45% in 2020, then plunged 796.03% in 2023.
- Patriot National Bancorp's Deferred Taxes stood at $560000.0 in 2020, then tumbled by 340.0% to -$1.3 million in 2021, then soared by 145.01% to $605000.0 in 2022, then tumbled by 796.03% to -$4.2 million in 2023, then jumped by 104.35% to $183000.0 in 2024.
- Business Quant data shows PNBK's Deferred Taxes at $183000.0 in Q3 2024, -$946000.0 in Q2 2024, and $40000.0 in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 254.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | - |
| 10 | Patriot National Bancorp | 121.00 Mn | -505,307.88 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 183,000.00 |
| Jun 30, 2024 | -946,000.00 |
| Mar 31, 2024 | 40,000.00 |
| Dec 31, 2023 | -4.21 Mn |
| Sep 30, 2023 | 494,000.00 |
| Jun 30, 2023 | -233,000.00 |
| Mar 31, 2023 | -261,000.00 |
| Dec 31, 2022 | 605,000.00 |
| Sep 30, 2022 | 294,000.00 |
| Jun 30, 2022 | 293,000.00 |
| Mar 31, 2022 | 298,000.00 |
| Dec 31, 2021 | -1.34 Mn |
| Sep 30, 2021 | 387,000.00 |
| Jun 30, 2021 | 415,000.00 |
| Mar 31, 2021 | 281,000.00 |
| Dec 31, 2020 | 560,000.00 |
| Sep 30, 2020 | -29,000.00 |
| Jun 30, 2020 | -464,000.00 |
| Mar 31, 2020 | -390,000.00 |
| Dec 31, 2019 | -31,000.00 |