Patch substructuring methods are non-overlapping domain decomposition methods like classical substructuring methods, but they use information from geometric patches reaching into neighboring subdomains, condensated on the interfaces, to enhance the performance of the method, while keeping it non-overlapping. These methods are very convenient to use in practice, but their convergence properties have not been studied yet. We analyze geometric patch substructuring methods for the special case of one patch per interface. We show that this method is equivalent to an overlapping Schwarz method using Neumann transmission conditions. This equivalence is obtained by first studying a new, algebraic patch method, which is equivalent to the classical Schwarz method with Dirichlet transmission conditions and an overlap corresponding to the size of the patches. Our results motivate a new method, the Robin patch method, which is a linear combination of the algebraic and the geometric one, and can be interpreted as an optimized Schwarz method with Robin transmission conditions. This new method has a significantly faster convergence rate than both the algebraic and the geometric one. We complement our results by numerical experiments.