Patriot Named Among Top Stocks in National Ranking

Bank Labeled "Earnings Gainer" by U.S. News & World Report, Alongside Blue Chips Like Amazon and Facebook
By: Patriot National Bancorp, Inc.
 
 
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Patriot National Bancorp, Inc

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Stamford - Connecticut - US

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Awards

STAMFORD, Conn. - March 6, 2018 - PRLog -- Patriot National Bancorp, Inc., the parent company of Stamford, Connecticut-based Patriot Bank NA, has been selected by U.S. News & World Report, alongside prestigious blue chip companies including Amazon, Facebook, The Home Depot and others, as one of a small handful of high-performing stocks worthy of serious attention for its performance over the past year.

Patriot was listed by the rankings and analytics specialists at U.S. News as an Earnings Gainer, a distinction shared by fewer than 5% of the U.S. stocks considered.

It won the honor by achieving more than 20% growth in earnings per share in the most recent quarter compared to the same quarter a year ago, and having earnings increase in five of the six previous quarters.

The list of other top performing stocks also included:  Discover, Shake Shack and Texas Instruments.

"It is an honor to have been named an Earnings Gainer by U.S. News & World Report, a distinction we proudly share with several major multinational corporations," said Michael Carrazza, Patriot's Chairman and CEO. "Our dedicated team has worked tirelessly to build a strong regional community bank that offers customers the highest quality of service, a financial approach that has contributed to steadily increasing revenues and added value for our shareholders. We will continue to pursue the same smart, proactive growth and management strategies into the future."

Patriot Bank, which has locations across Fairfield County and New Haven County in Connecticut and Westchester County, N.Y., has experienced a dramatic turnaround since Mr. Carrazza led a team recapitalized the bank and saved it from being failed by regulators in 2010.

In the first quarter of 2018 it anticipates final authorization from regulators to complete its acquisition of Prime Bank in Orange, CT. It is also on target to soon open its new flagship bank branch in Stamford, and a new customer service location in Bridgeport, CT.

Patriot National Bancorp was also recognized by U.S. News & World Report in the category of Safe(er) Stocks, along with companies including EnvrioStar, Inc., National Beverage Corp., Fidelity and others.

About Patriot Bank, N.A.

Patriot Bank N.A. is headquartered in Stamford, Connecticut and provides consumer and commercial banking services to individuals, government and nonprofit entities, small and medium sized businesses and professionals.  Patriot Bank currently operates 10 branches, eight in Connecticut and two in New York.  Its banking locations include: Bedford and Scarsdale, New York; Darien, Fairfield, Greenwich, Milford, Norwalk, Stamford, Trumbull @ Westfield, Westport, CT.  Patriot Bank was founded in 1994.
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Tags:Patriot Bank, Patriot National Bancorp, Inc
Industry:Banking
Location:Stamford - Connecticut - United States
Subject:Awards
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