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Side-by-side financial comparison of PATRIOT NATIONAL BANCORP INC (PNBK) and Valaris Ltd (VAL). Click either name above to swap in a different company.

PATRIOT NATIONAL BANCORP INC is the larger business by last-quarter revenue ($9.5M vs $5.2M, roughly 1.8× Valaris Ltd). On growth, Valaris Ltd posted the faster year-over-year revenue change (405.9% vs 44.3%). PATRIOT NATIONAL BANCORP INC produced more free cash flow last quarter ($-14.3M vs $-34.1M). Over the past eight quarters, Valaris Ltd's revenue compounded faster (29.5% CAGR vs 11.5%).

Patriot Bank, N.A. (PNBK) is the bank holding company for Stamford, Connecticut-based Patriot Bank NA, and is traded on NASDAQ as PNBK.

Valaris Limited is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in Bermuda. It is the largest offshore drilling and well drilling company in the world. As of February 2025, it owned 52 rigs, including 36 offshore jackup rigs, 11 drillships, and 5 semi-submersible platform drilling rigs.

PNBK vs VAL — Head-to-Head

Bigger by revenue
PNBK
PNBK
1.8× larger
PNBK
$9.5M
$5.2M
VAL
Growing faster (revenue YoY)
VAL
VAL
+361.5% gap
VAL
405.9%
44.3%
PNBK
More free cash flow
PNBK
PNBK
$19.8M more FCF
PNBK
$-14.3M
$-34.1M
VAL
Faster 2-yr revenue CAGR
VAL
VAL
Annualised
VAL
29.5%
11.5%
PNBK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PNBK
PNBK
VAL
VAL
Revenue
$9.5M
$5.2M
Net Profit
$717.5M
Gross Margin
-7850.0%
Operating Margin
-36.3%
Net Margin
13798.1%
Revenue YoY
44.3%
405.9%
Net Profit YoY
436.6%
EPS (diluted)
$0.13
$10.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PNBK
PNBK
VAL
VAL
Q4 25
$9.5M
$5.2M
Q3 25
$7.2M
$5.6M
Q2 25
$6.2M
$700.0K
Q1 25
$6.7M
Q4 24
$6.6M
$-1.7M
Q3 24
$7.1M
$3.9M
Q2 24
$7.1M
$4.8M
Q1 24
$7.7M
$2.6M
Net Profit
PNBK
PNBK
VAL
VAL
Q4 25
$717.5M
Q3 25
$-2.7M
$188.1M
Q2 25
$-5.0M
$115.1M
Q1 25
$-2.8M
Q4 24
$133.7M
Q3 24
$-27.0M
$64.6M
Q2 24
$-3.1M
$149.6M
Q1 24
$-299.0K
$25.5M
Gross Margin
PNBK
PNBK
VAL
VAL
Q4 25
-7850.0%
Q3 25
-7142.9%
Q2 25
-56428.6%
Q1 25
Q4 24
24529.4%
Q3 24
-11748.7%
Q2 24
-9039.6%
Q1 24
-17007.7%
Operating Margin
PNBK
PNBK
VAL
VAL
Q4 25
-36.3%
Q3 25
-36.9%
Q2 25
-81.2%
Q1 25
-41.5%
Q4 24
-205.4%
Q3 24
-32.4%
Q2 24
-56.5%
Q1 24
-3.0%
Net Margin
PNBK
PNBK
VAL
VAL
Q4 25
13798.1%
Q3 25
-36.8%
3358.9%
Q2 25
-80.4%
16442.9%
Q1 25
-41.6%
Q4 24
-7864.7%
Q3 24
-378.9%
1656.4%
Q2 24
-43.5%
3116.7%
Q1 24
-3.9%
980.8%
EPS (diluted)
PNBK
PNBK
VAL
VAL
Q4 25
$0.13
$10.13
Q3 25
$-0.03
$2.65
Q2 25
$-0.06
$1.61
Q1 25
$-0.21
Q4 24
$-2.40
$1.86
Q3 24
$-6.78
$0.88
Q2 24
$-0.77
$2.03
Q1 24
$-0.08
$0.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PNBK
PNBK
VAL
VAL
Cash + ST InvestmentsLiquidity on hand
$599.4M
Total DebtLower is stronger
$16.4M
Stockholders' EquityBook value
$94.7M
$3.2B
Total Assets
$1.1B
$5.3B
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PNBK
PNBK
VAL
VAL
Q4 25
$599.4M
Q3 25
$662.7M
Q2 25
$503.4M
Q1 25
Q4 24
$368.2M
Q3 24
$379.3M
Q2 24
$398.3M
Q1 24
$494.1M
Total Debt
PNBK
PNBK
VAL
VAL
Q4 25
$16.4M
Q3 25
Q2 25
Q1 25
Q4 24
$33.1M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
PNBK
PNBK
VAL
VAL
Q4 25
$94.7M
$3.2B
Q3 25
$95.0M
$2.4B
Q2 25
$66.2M
$2.3B
Q1 25
$57.1M
Q4 24
$4.3M
$2.2B
Q3 24
$16.4M
$2.1B
Q2 24
$40.5M
$2.2B
Q1 24
$43.6M
$2.0B
Total Assets
PNBK
PNBK
VAL
VAL
Q4 25
$1.1B
$5.3B
Q3 25
$950.8M
$4.6B
Q2 25
$930.0M
$4.5B
Q1 25
$956.6M
Q4 24
$1.0B
$4.4B
Q3 24
$974.1M
$4.3B
Q2 24
$1.0B
$4.4B
Q1 24
$1.1B
$4.4B
Debt / Equity
PNBK
PNBK
VAL
VAL
Q4 25
0.17×
Q3 25
Q2 25
Q1 25
Q4 24
7.76×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PNBK
PNBK
VAL
VAL
Operating Cash FlowLast quarter
$-14.2M
$72.2M
Free Cash FlowOCF − Capex
$-14.3M
$-34.1M
FCF MarginFCF / Revenue
-150.8%
-655.8%
Capex IntensityCapex / Revenue
1.8%
2044.2%
Cash ConversionOCF / Net Profit
0.10×
TTM Free Cash FlowTrailing 4 quarters
$-24.6M
$159.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PNBK
PNBK
VAL
VAL
Q4 25
$-14.2M
$72.2M
Q3 25
$-5.2M
$198.1M
Q2 25
$921.0K
$120.0M
Q1 25
$-5.8M
Q4 24
$2.7M
$124.6M
Q3 24
$-2.6M
$193.0M
Q2 24
$6.0M
$11.5M
Q1 24
$1.8M
$26.3M
Free Cash Flow
PNBK
PNBK
VAL
VAL
Q4 25
$-14.3M
$-34.1M
Q3 25
$-5.3M
$128.3M
Q2 25
$918.0K
$52.8M
Q1 25
$-5.9M
Q4 24
$2.6M
$12.9M
Q3 24
$-2.7M
$111.1M
Q2 24
$6.0M
$-98.7M
Q1 24
$1.8M
$-125.0M
FCF Margin
PNBK
PNBK
VAL
VAL
Q4 25
-150.8%
-655.8%
Q3 25
-72.8%
2291.1%
Q2 25
14.8%
7542.9%
Q1 25
-88.0%
Q4 24
39.9%
-758.8%
Q3 24
-37.3%
2848.7%
Q2 24
84.6%
-2056.3%
Q1 24
23.0%
-4807.7%
Capex Intensity
PNBK
PNBK
VAL
VAL
Q4 25
1.8%
2044.2%
Q3 25
0.3%
1246.4%
Q2 25
0.0%
9600.0%
Q1 25
1.0%
Q4 24
0.8%
-6570.6%
Q3 24
0.9%
2100.0%
Q2 24
0.7%
2295.8%
Q1 24
0.5%
5819.2%
Cash Conversion
PNBK
PNBK
VAL
VAL
Q4 25
0.10×
Q3 25
1.05×
Q2 25
1.04×
Q1 25
Q4 24
0.93×
Q3 24
2.99×
Q2 24
0.08×
Q1 24
1.03×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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