What does senior debt conversion to common stock mean?

Represents the non-cash conversion of senior debt obligations into common equity shares. This activity indicates a deleveraging event that strengthens the capital base while diluting existing shareholders.

Patriot National Bancorp PNBK Senior debt conversion to common stock

Senior debt conversion to common stock at other companies

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$2.5M-0.4%

DexComDXCM

$0—

Safe Pro Group Inc.SPAI

$202.13K—

Oscar HealthOSCR

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NextNRG, Inc. Common StockNXXT

$4.02M+64.1%

Other financials

Income statement

See full

Revenue$10.3M+54.5%

Net income-$1.8M+36.8%

EPS (diluted)-$0.02+90.5%

Balance sheet

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Cash & equivalents$109.2M-19.8%

Total debt$3.1M+159%

Total equity$90.2M+57.9%

Total assets$1.2B+23.0%

Cash flow

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Operating cash flow-$2.9M+49.9%

CapEx$545.0K+679%

Free cash flow-$3.5M+41.2%

Valuation

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Market cap$112.6M-5.1%

Enterprise value$6.52M+132%

P/S3.4×-1.1×

Profitability

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Net margin-35.1%-15.3pp

FCF margin-38.6%—

Returns & leverage

See full

Return on equity-15.9%-7.1pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Patriot National Bancorp in its filing.

Tagged under the XBRL concept pnbk:SeniorDebtConversionToCommonStock.

The official record: Patriot National Bancorp’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Patriot National Bancorp's senior debt conversion to common stock?: Patriot National Bancorp (PNBK) reported senior debt conversion to common stock of $0 in Q1 2026.
How has Patriot National Bancorp's senior debt conversion to common stock changed year-over-year?: Patriot National Bancorp's senior debt conversion to common stock increased by 100.0% year-over-year, from -$5M to $0.
What does senior debt conversion to common stock mean?: Represents the non-cash conversion of senior debt obligations into common equity shares. This activity indicates a deleveraging event that strengthens the capital base while diluting existing shareholders.