Patriot National Bancorp (PNBK) Tax Rate (2015 - 2023)
Patriot National Bancorp (PNBK) recorded Tax Rate of 110.33% in Q2 2026, up 109.36 percentage points from 0.97% a year earlier and up 111.08 percentage points from the prior quarter.
Patriot National Bancorp (PNBK) Tax Rate (2015 - 2023) Analysis & Trends
On a TTM basis, Patriot National Bancorp's Tax Rate came in at 17.70% as of Jun 30, 2026, up 142.64 percentage points year-over-year; for FY2025, it was -0.47%, up 147.29 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -8.58 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at -147.76% in FY2024 (-173.57 pp), 25.81% in FY2023 (+5.24 pp), 20.57% in FY2022 (+22.19 pp) and -1.62% in FY2021 (-9.72 pp).
- The Q2 2026 figure is the highest quarterly Tax Rate in data going back to Q3 2010.
- On a year-over-year basis, Tax Rate rose in three of the last eight quarters, with an average year-over-year change of +6.86 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 1068.04 percentage points in Q3 2025, against a drop of 1093.97 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -0.75% (Q1 2026), -5.18% (Q4 2025) and 0.19% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 23.12% |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 21.54% |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | 60.94% |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 23.07% |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 22.26% |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 22.60% |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 24.29% |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 17.42% |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | - |
| 10 | Patriot National Bancorp | 96.48 Mn | -542.87 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 28.85% |
| Dec 31, 2022 | 26.92% |
| Sep 30, 2022 | 6.32% |
| Jun 30, 2022 | 27.34% |
| Mar 31, 2022 | 27.99% |
| Sep 30, 2021 | 26.58% |
| Jun 30, 2021 | 27.26% |
| Mar 31, 2021 | 27.20% |
| Sep 30, 2019 | 22.86% |
| Mar 31, 2019 | 34.22% |
| Sep 30, 2018 | 26.41% |
| Jun 30, 2018 | 26.84% |
| Mar 31, 2018 | 24.41% |
| Dec 31, 2017 | 45.55% |
| Sep 30, 2017 | 39.38% |
| Jun 30, 2017 | 41.87% |
| Mar 31, 2017 | 39.64% |
| Dec 31, 2016 | 37.87% |
| Sep 30, 2016 | 38.89% |
| Mar 31, 2016 | 39.03% |
Patriot National Bancorp Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=PNBK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "PNBK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=PNBK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();