Workflow
Love National Union Bank (PNBK) Sees Stock Surge of 6.34%
PNBKPatriot National Bancorp(PNBK) Gurufocus· GuruFocus·2024-10-02 20:15

Company Overview - Love National Union Bank is based in Fairfield County and New Haven County, Connecticut, as well as Westchester County, New York, providing various consumer and commercial banking services to individuals, small to mid-sized businesses, professionals, and municipalities [4] - The bank's product offerings include checking and savings accounts, money market accounts, term deposits, individual retirement accounts, commercial mortgages, construction loans, commercial loans, home improvement loans, home equity credit lines, and other personal loans [4] - Additional services include banking checks, drafts, ATMs, interactive teller machines, online and mobile banking, credit cards, and debit cards [4] Financial Performance - Love National Union Bank reported revenue of 15.28millionbutincurredanetlossof15.28 million but incurred a net loss of 3.08 million, resulting in an earnings per share of -0.77[2]Thepricetoearningsratioforthebankstandsat1.13,withnoinstitutionalratingscurrentlyavailableforthisstock[2]StockPerformanceThestockpriceofLoveNationalUnionBankincreasedby6.340.77 [2] - The price-to-earnings ratio for the bank stands at -1.13, with no institutional ratings currently available for this stock [2] Stock Performance - The stock price of Love National Union Bank increased by 6.34%, currently trading at 1.96 per share with a trading volume of 374 shares and a turnover rate of 0.01% [1] - The stock exhibited an amplitude of 2.45% [1] - Within the banking sector, Love National Union Bank has shown notable gains, contributing to an overall sector growth of 0.10% [3] - The stock's amplitude is reported at 9.60%, indicating significant price movement [3]