Patria Bank SA

PBK

Patria Bank SA, a credit institution, provides banking and other financial services to individual, small and medium enterprises, agribusinesses, and corporate customers in Romania.The company offers s...

Website | Banks | Financial Services

Automated Financial Analysis

🤵

Financial Advisor Insight

"The stock appears significantly undervalued compared to its earnings potential. Technicals confirm a positive long-term trend, supported by moving averages."

Sentiment: Neutral Action: Buy

"Company demonstrates strong financial health with positive growth and stability indicators."

Strong Revenue Growth (12.7% CAGR).
Undervalued based on PE (Current: 9.8 vs Fair: 15).
Significantly Undervalued (Trading 57% below Graham Number).
Bullish Trend (SMA50 > SMA200).
Overbought (RSI: 73.3).
Forecast: Continued Revenue Growth (~5.5% next year).

Technical Analysis

Trend Bullish (Long Term)
Last Cross
Golden Cross (8 months ago)
RSI (14) 73.3
SMA 50 0.12
SMA 200 0.10

Price Valuation

Current Price 0.12
Fair Value (PE 15) 0.19
Undervalued 54%
Graham Number 0.19
Upside 57%

Forecast

Rev Forecast (Next Yr) 240M
Growth Forecast 5.5%

📊 Market & Peer Context

Benchmark: BET
Volatility (Beta)
-0.04
Less Volatile than Market
Correlation
-0.02
Moves with Market
Relative Strength (1Y)
-14.26%
vs Benchmark
Index Returns (1Y)
69.4%
BET

Historical Performance

Metric 5Y 3Y 1Y YTD 6M 3M 1M 1W
PBK 27.6% 35.2% 49.4% 8.0% 12.0% 0.0% 0.0% 0.0%
BET - 132.5% 69.4% 18.5% 33.0% 6.9% 2.4% 1.8%
Alpha (Diff) - -97.3% -20.0% -10.5% -21.0% -6.9% -2.4% -1.8%

Financial Reports

Price Chart

Sector: Financial Services

Based on Market Cap

ETAPA 1 • MUST HAVE

6/8
Healthy Leverage (Debt/Equity)
1.10
Target: < 1.5
Gross Margin vs Industry
76.6% vs 0.0%
Target: > 0.0%
Operating Cash Flow vs Profit
0%
Target: > 1.0
Free Cash Flow vs Profit
-1,238%
Target: > 0.8
ROIC (Return on Capital)
4.58%
Target: Positive
ROIC vs WACC
ROIC: 4.6% / WACC: 1.8%
Target: > WACC
ROE (Return on Equity)
10.0%
Target: > 10%
EBITDA Positive
49.32M
Target: > 0

ETAPA 2 • CRITERII

3/9
Interest Coverage
Target: > 3x • 0.0x
Miss
Net Margin vs Industry
Target: > 0.0% • 17.9%
Passed
ROA vs Industry
Target: > 1.1% • 0.9%
Miss
Current Ratio
Target: > 1.5 • N/A
N/A
Assets Growth (5y)
Target: > 0% • 7.1% CAGR
Passed
FCF CAGR (5y)
Target: > 5% • 0.0%
Miss
EV/EBITDA vs Industry
Target: < Industry • 0.0 vs 0.0
Miss
Net Debt / EBITDA
Target: < 3 • 9.41
Miss
Revenue CAGR (5y)
Target: > 5% • 12.7%
Passed

SNAPSHOT COMPANIE

Capitalizare
0.40B RON
EBITDA
49.32M
P/E Ratio
9.77
PEG Ratio
0.77
Dividend Yield
0.00%
Beta
-0.04
Valoare Intrinsecă (Graham)
0.19 RON
Discount
+56.6%

Balance Sheet

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Cash & Equivalents 153,413,000 184,309,000 291,228,000 353,784,000 223,333,000
Other Receivables 8,764,000 6,323,000 13,008,000 10,730,000 8,010,000
Restricted Cash 323,019,000 340,646,000 246,990,000 244,385,000 279,641,000
Property, Plant & Equipment 83,203,000 85,053,000 88,657,000 93,499,000 92,895,000
Goodwill 20,103,000 20,103,000 20,103,000 20,103,000 20,103,000
Assets 5,058,771,000 4,619,953,000 4,174,929,000 4,282,970,000 4,004,377,000
Current Portion of Leases 13,899,000 12,807,000 11,737,000 10,151,000 8,333,000
Current Income Taxes Payable - - - - -
Long-Term Leases 13,713,000 15,818,000 17,598,000 21,539,000 25,376,000
Long-Term Unearned Revenue 1,075,000 769,000 394,000 362,000 550,000
Common Stock 323,839,000 327,881,000 327,881,000 330,131,000 313,783,000
Additional Paid-In Capital 2,050,000 2,050,000 2,050,000 2,050,000 2,050,000
Retained Earnings 172,594,000 133,564,000 88,257,000 59,895,000 27,180,000
Total Common Equity 463,488,000 422,163,000 386,587,000 330,430,000 322,801,000
Shareholders' Equity 463,488,000 422,163,000 386,587,000 330,430,000 322,801,000
Liabilitiesequity 5,058,771,000 4,619,953,000 4,174,929,000 4,282,970,000 4,004,377,000
Filing Date Shares Outstanding 3,278,814,376 3,278,814,376 3,278,814,376 3,278,814,376 3,115,330,575
Total Common Shares Outstanding 3,278,814,376 3,278,814,376 3,278,814,376 3,278,814,376 3,115,330,575
Book Value Per Share 0.14 0.13 0.12 0.10 0.10
Tangible Book Value 403,105,000 365,387,000 332,207,000 280,835,000 275,796,000
Tangible Book Value Per Share 0.12 0.11 0.10 0.09 0.09
Total Debt 516,834,000 464,034,000 420,877,000 375,929,000 232,286,000
Netcash -279,636,000 -198,249,000 -86,682,000 3,216,000 88,228,000
Net Cash Growth - - - -96.36% -
Netcashpershare -0.09 -0.06 -0.03 0.00 0.03
Treasury Stock -3,098,000 -1,140,000 -1,140,000 -1,140,000 -1,140,000
Investment Securities 1,273,709,000 1,190,043,000 1,075,354,000 986,356,000 942,319,000
Trading Asset Securities 83,785,000 81,476,000 42,967,000 25,361,000 97,181,000
Total Investment 1,357,494,000 1,271,519,000 1,118,321,000 1,011,717,000 1,039,500,000
Gross Loans 3,070,324,000 2,655,324,000 2,363,164,000 2,514,347,000 2,295,659,000
Allowance for Loan Losses -141,375,000 -127,259,000 -131,943,000 -146,633,000 -140,705,000
Other Adjustments to Gross Loans - - - - -
Net Loans 2,928,949,000 2,528,065,000 2,231,221,000 2,367,714,000 2,154,954,000
Investments in Real Estate 88,973,000 90,210,000 90,358,000 94,766,000 118,871,000
Accrued Interest Receivable - - - - -
Long-Term Deferred Tax Assets 1,768,000 3,683,000 1,703,000 14,738,000 11,965,000
Other Real Estate Owned & Foreclosed 1,368,000 1,545,000 1,831,000 2,150,000 7,011,000
Other Current Assets 6,476,000 5,012,000 4,752,000 4,880,000 3,954,000
Accrued Expenses 13,666,000 9,028,000 9,938,000 8,676,000 6,381,000
Interest Bearing Deposits 3,339,820,000 2,940,760,000 2,640,194,000 2,718,794,000 2,574,576,000
Non-Interest Bearing Deposits 638,627,000 698,249,000 638,870,000 786,271,000 740,997,000
Total Deposits 3,978,447,000 3,639,009,000 3,279,064,000 3,505,065,000 3,315,573,000
Short-Term Borrowings 85,000 - 1,373,000 12,183,000 130,000
Current Portion of Long-Term Debt 41,293,000 51,035,000 53,327,000 46,116,000 -
Other Current Liabilities 15,847,000 20,673,000 13,410,000 13,692,000 8,898,000
Long-Term Debt 447,844,000 384,374,000 336,842,000 285,940,000 198,447,000
Long-Term Deferred Tax Liabilities - - - - -
Other Long-Term Liabilities 69,414,000 64,277,000 64,659,000 48,816,000 117,888,000
Total Liabilities 4,595,283,000 4,197,790,000 3,788,342,000 3,952,540,000 3,681,576,000
Comprehensive Income & Other -31,897,000 -40,192,000 -30,461,000 -60,506,000 -19,072,000
Minority Interest - - - - -
Other Intangible Assets 40,280,000 36,673,000 34,277,000 29,492,000 26,902,000
Other Long-Term Assets 44,961,000 46,812,000 32,480,000 35,012,000 17,238,000

Cash Flow Statement

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Net Income 48,028,000 40,624,000 25,485,000 19,234,000 9,887,000
Ncfo -346,020,000 -503,068,000 240,229,000 -101,289,000 -246,887,000
Capital Expenditures - - - - -7,755,000
Cash Acquisitions - - - - -
Ncfi -168,461,000 -101,405,000 -863,000 -66,893,000 -39,638,000
Long-Term Debt Issued - 90,120,000 73,796,000 164,162,000 57,838,000
Long-Term Debt Repaid - -45,962,000 -22,247,000 -8,496,000 -14,375,000
Common Dividends Paid - - - - -
Financing Cash Flow 571,866,000 590,716,000 -299,977,000 265,291,000 431,938,000
Net Cash Flow 59,468,000 -13,263,000 -59,951,000 97,833,000 148,181,000
Free Cash Flow -346,020,000 -503,068,000 240,229,000 -101,289,000 -254,642,000
Fcf Margin -141.42% -221.55% 125.56% -58.21% -156.40%
Fcfps -0.11 -0.15 0.07 -0.03 -0.08
Cash Interest Paid 170,073,000 164,155,000 155,024,000 84,223,000 50,927,000
Cash Taxes Paid 4,620,000 167,000 3,015,000 3,565,000 2,295,000
Depreciation & Amortization 24,678,000 23,482,000 21,327,000 20,231,000 22,325,000
Total Asset Writedown - - - - -
Provision for Credit Losses - - - - -
Change in Trading Asset Securities -2,405,000 -34,715,000 -15,034,000 2,441,000 -41,301,000
Change in Other Net Operating Assets -401,047,000 -526,756,000 205,595,000 -180,649,000 -263,640,000
Other Operating Activities -15,274,000 -5,703,000 2,856,000 37,454,000 25,842,000
Gain (Loss) on Sale of Assets - - - - -
Gain (Loss) on Sale of Investments - - - - -
Sale of Property, Plant and Equipment 3,779,000 8,277,000 1,396,000 1,867,000 -
Investment in Securities -178,745,000 -115,198,000 -10,498,000 -112,833,000 -39,753,000
Net Increase (Decrease) in Deposit Accounts 481,006,000 546,558,000 -351,526,000 109,625,000 388,475,000
Foreign Exchange Rate Adjustments 2,083,000 494,000 660,000 724,000 2,768,000
Net Debt Issued (Repaid) 96,860,000 44,158,000 51,549,000 155,666,000 43,463,000
Issuance of Common Stock - - - - -
Net Decrease (Increase) in Loans Originated / Sold - Investing - - - - -
Other Investing Activities 4,876,000 4,428,000 2,916,000 3,249,000 2,261,000

Income Statement

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Revenue 244,675,000 227,072,000 191,325,000 174,014,000 162,817,000
Revenue Growth (YoY) 7.87% 18.68% 9.95% 6.88% 15.70%
Income Tax Expense 9,846,000 8,697,000 8,563,000 4,111,000 7,158,000
Minority Interest in Earnings - - - - -
Net Income 48,028,000 40,624,000 25,485,000 19,234,000 9,887,000
Net Income to Common 48,028,000 40,624,000 25,485,000 19,234,000 9,887,000
Net Income Growth 22.51% 59.40% 32.50% 94.54% 241.99%
Shares Basic 3,275,815,906 3,278,814,376 3,278,814,376 3,267,168,955 3,115,330,575
Diluted Shares Outstanding 3,275,815,906 3,278,814,376 3,278,814,376 3,267,168,955 3,115,330,575
Shares Yo Y 0.00 - 0.00 0.05 -
Eps Basic 0.01 0.01 0.01 0.01 0.00
EPS (Diluted) 0.01 0.01 0.01 0.01 0.00
EPS Growth 22.63% 59.41% 32.02% 85.53% 242.29%
Fcf -346,020,000 -503,068,000 240,229,000 -101,289,000 -254,642,000
Fcfps -0.11 -0.15 0.07 -0.03 -0.08
Profit Margin 19.63% 17.89% 13.32% 11.05% 6.07%
Fcf Margin -141.42% -221.55% 125.56% -58.21% -156.40%
Taxrate 0.17 0.18 0.25 0.18 0.42
Interest Income on Loans 365,334,000 332,219,000 315,471,000 249,165,000 174,042,000
Interest Income on Investments - - - - -
Interest Income Total Bank 365,334,000 332,219,000 315,471,000 249,165,000 174,042,000
Interest Paid on Deposits 170,770,000 158,388,000 170,885,000 100,408,000 49,528,000
Net Interest Income Bank 194,564,000 173,831,000 144,586,000 148,757,000 124,514,000
Net Interest Income Growth Bank 19.34% 20.23% -2.80% 19.47% 3.17%
Income From Trading Activities - - - - -
Gain (Loss) on Sale of Assets 513,000 -279,000 136,000 -256,000 -135,000
Gain (Loss) on Sale of Investments 4,862,000 11,359,000 14,565,000 -3,868,000 14,330,000
Other Non-Interest Income 66,159,000 58,439,000 60,493,000 56,917,000 46,042,000
Total Non-Interest Income 71,329,000 69,631,000 73,802,000 60,112,000 62,548,000
Non-Interest Income Growth (YoY) -9.75% -5.65% 22.77% -3.90% 39.53%
Revenues Before Loan Losses 265,893,000 243,462,000 218,388,000 208,869,000 187,062,000
Provision for Loan Losses 21,218,000 16,390,000 27,063,000 34,855,000 24,245,000
Revenue Bank 244,675,000 227,072,000 191,325,000 174,014,000 162,817,000
Salaries and Employee Benefits 92,180,000 85,466,000 82,246,000 77,585,000 67,676,000
Selling, General & Administrative 56,382,000 57,258,000 50,764,000 51,630,000 49,787,000
Other Non-Interest Expense 14,425,000 11,695,000 3,229,000 3,527,000 3,448,000
Total Non-Interest Expense 187,665,000 177,901,000 157,566,000 152,973,000 143,236,000
EBT Excluding Unusual Items 57,010,000 49,171,000 33,759,000 21,041,000 19,581,000
Asset Writedown - - - - -
Legal Settlements 864,000 150,000 289,000 2,304,000 -2,536,000
Ebt Bank 57,874,000 49,321,000 34,048,000 23,345,000 17,045,000
Earnings From Continuing Operations 48,028,000 40,624,000 25,485,000 19,234,000 9,887,000
Occupancy Expenses 24,678,000 23,482,000 21,327,000 20,231,000 22,325,000
Payoutratio - - - - -

Ratios and Metrics

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Marketcap 393,457,725 268,862,779 268,862,779 257,059,047 287,856,545
Market Cap Growth 42.86% - 4.59% -10.70% -0.22%
Last Close Ratios 12.00% 8.20% 8.20% 7.84% 9.24%
Pe 8.18 6.62 10.55 13.37 29.12
Pe Forward 10.91 8.20 8.20 9.45 15.93
PS Ratio 1.61 1.18 1.41 1.48 1.77
PB Ratio 0.85 0.64 0.70 0.78 0.89
Ptbv Ratio 0.98 0.74 0.81 0.92 1.04
P/FCF Ratio - - 1.12 - -
P/OCF Ratio - - 1.12 - -
Debt / Equity Ratio 1.12 1.10 1.09 1.14 0.72
Debt / FCF Ratio - - 1.75 - -
Roe 10.85% 10.05% 7.11% 5.89% 3.03%
Return on Assets (ROA) 1.02% 0.92% 0.60% 0.46% 0.26%
Earnings Yield 12.21% 15.11% 9.48% 7.48% 3.44%
FCF Yield - -187.11% 89.35% -39.40% -88.46%
Payout Ratio - - - - -
Buyback Yield / Dilution 0.09% - -0.36% -4.87% -

Price History

Jun 06, 2018 — Jan 26, 2026 1825 Records
Date Open High Low Close Volume
2026-01-26 0.12 0.12 0.12 0.12 698,153
2026-01-25 0.12 0.12 0.12 0.12 154,669
2026-01-24 0.12 0.12 0.12 0.12 965,222
2026-01-22 0.12 0.12 0.12 0.12 965,222
2026-01-21 0.12 0.12 0.12 0.12 1,078,429
2026-01-20 0.12 0.12 0.12 0.12 2,347,714
2026-01-19 0.12 0.12 0.12 0.12 436,879
2026-01-18 0.12 0.12 0.12 0.12 1,688,725
2026-01-15 0.12 0.12 0.12 0.12 3,315,175
2026-01-14 0.12 0.12 0.12 0.12 1,061,354
2026-01-13 0.12 0.12 0.12 0.12 1,200,190
2026-01-12 0.11 0.12 0.11 0.11 789,665
2026-01-11 0.11 0.12 0.11 0.11 789,665
2026-01-09 0.11 0.11 0.11 0.11 458,194
2026-01-08 0.11 0.11 0.11 0.11 458,194
2026-01-07 0.11 0.11 0.11 0.11 1,024,455
2026-01-06 0.11 0.11 0.11 0.11 166,471
2026-01-05 0.11 0.11 0.11 0.11 166,471
2026-01-04 0.11 0.11 0.11 0.11 166,471
2026-01-01 0.11 0.11 0.11 0.11 1,126,407
2025-12-31 0.11 0.11 0.11 0.11 1,126,407
2025-12-30 0.11 0.11 0.11 0.11 1,126,407
2025-12-29 0.11 0.11 0.11 0.11 1,126,407
2025-12-28 0.11 0.11 0.11 0.11 243,638
2025-12-25 0.11 0.11 0.11 0.11 27,276
2025-12-24 0.11 0.11 0.11 0.11 27,276
2025-12-23 0.11 0.11 0.11 0.11 27,276
2025-12-22 0.11 0.11 0.11 0.11 27,276
2025-12-21 0.11 0.11 0.11 0.11 789,310
2025-12-19 0.11 0.11 0.11 0.11 222,213
2025-12-18 0.11 0.11 0.11 0.11 222,213
2025-12-17 0.12 0.12 0.11 0.11 551,251
2025-12-16 0.12 0.12 0.11 0.11 297,902
2025-12-15 0.12 0.12 0.12 0.12 367,922
2025-12-14 0.12 0.12 0.12 0.12 50,399
2025-12-12 0.12 0.12 0.12 0.12 58,500
2025-12-11 0.12 0.12 0.12 0.12 58,500
2025-12-10 0.12 0.12 0.12 0.12 161,349
2025-12-09 0.12 0.12 0.12 0.12 143,437
2025-12-08 0.12 0.12 0.12 0.12 134,267
2025-12-07 0.12 0.12 0.12 0.12 77,404
2025-12-05 0.12 0.12 0.12 0.12 225,335
2025-12-04 0.12 0.12 0.12 0.12 225,335
2025-12-03 0.12 0.12 0.12 0.12 207,660
2025-12-02 0.12 0.12 0.12 0.12 38,901
2025-12-01 0.12 0.12 0.12 0.12 3,480
2025-11-30 0.12 0.12 0.12 0.12 187,184
2025-11-28 0.12 0.12 0.12 0.12 187,184
2025-11-27 0.12 0.12 0.12 0.12 187,184
2025-11-26 0.12 0.12 0.12 0.12 586