Primis Financial (FRST) Price Target Raised by 11.01% to $15.43
Price Target Update: The average one-year price target for Primis Financial has been revised to $15.43 per share, reflecting an 11.01% increase from the previous estimate of $13.90. The new target range from analysts is between $14.14 and $17.06 per share.
Fund Sentiment: There are currently 262 funds reporting positions in Primis Financial, a slight decrease of 0.38% from the last quarter. The average portfolio weight for these funds has increased by 2.17%, with total shares owned by institutions rising by 3.76% to 24,197K shares.
Shareholder Activity: Notable shareholders include Patriot Financial Partners GP and GP II, both holding 1,218K shares, and Mendon Capital Advisors, which decreased its holdings by 6.95%. Conversely, Alliancebernstein increased its stake by 30.81%, now holding 1,091K shares.
Market Outlook: The put/call ratio for Primis Financial is at 0.00, indicating a bullish sentiment among investors. Fintel provides comprehensive investment research data, including fundamentals, analyst reports, and fund sentiment.
Trade with 70% Backtested Accuracy
Analyst Views on FRST
About FRST
About the author

- Earnings Release Schedule: Primis Financial Corp. is set to announce its Q1 2026 financial results after market close on April 23, 2026, which is expected to significantly impact investor sentiment.
- Conference Call Timing: The company will host a conference call at 10:00 a.m. Eastern Time on April 24, 2026, to provide detailed insights into its financial performance, enhancing communication with investors.
- Asset Overview: As of December 31, 2025, Primis Financial Corp. reported total assets of $4.0 billion, with $3.2 billion in loans held for investment and $3.3 billion in deposits, reflecting a solid financial foundation.
- Service Network: Primis Bank offers a range of financial services through 24 full-service branches in Virginia and Maryland, as well as online and mobile applications, further solidifying its market position.
- Earnings Release Schedule: Primis Financial Corp has announced that it will release its Q1 2026 earnings after market close on April 23, 2026, which is expected to provide investors with critical financial data and operational performance insights.
- Conference Call Details: The company will host a conference call for analysts and investors at 10:00 a.m. Eastern Time on April 24, 2026, with participants encouraged to dial in 15 minutes early to ensure smooth access.
- Asset Overview: As of December 31, 2025, Primis Financial Corp reported total assets of $4.0 billion, with $3.2 billion in loans held for investment and $3.3 billion in total deposits, indicating a solid financial foundation.
- Service Network: Primis Bank offers a range of financial services to individuals and small to medium-sized businesses through 24 full-service branches in Virginia and Maryland, as well as online and mobile applications, enhancing its competitive position in the market.
- New Investment Disclosure: Mendon Capital Advisors Corp disclosed a purchase of 200,601 shares in Central Bancompany in an SEC filing dated February 18, 2026, representing an estimated $4.73 million investment that signals confidence in the company.
- Stock Price Increase: As of February 18, 2026, shares of Central Bancompany were priced at $25.17, reflecting a 20% increase from its IPO price of $21, indicating market recognition of its stability.
- Strong Financial Performance: Central Bancompany reported a net income of $390.9 million for 2025, up nearly 30% from $305.8 million in 2024, underscoring the appeal of its diversified community banking model across the Midwest and Southeast.
- Portfolio Integration: This investment complements Mendon Capital's existing regional bank portfolio, indicating a strategic focus on traditional deposit franchises and local market depth, which is expected to enhance long-term investment returns.
- Earnings Performance: Primis Financial reported a net income of $29.5 million for Q4 2025, translating to $1.20 per share, indicating a stable asset management performance with an 80 basis point ROA despite virtually no improvement post-restructuring.
- Deposit Growth: The company’s noninterest-bearing deposits reached $554 million by year-end, accounting for 16% of total deposits, up from 14% in 2024, showcasing successful customer acquisition through its proprietary app and enhancing market competitiveness.
- Mortgage Performance: Primis Mortgage closed $1.2 billion in loans during Q4, a 50% increase over 2024, with $143 million closed in December alone, reflecting strong market demand and improved profitability.
- Future Outlook: Management anticipates achieving a 1% ROA in 2026, although the first quarter may fall short, with expectations for recovery in the second half, demonstrating confidence in future profitability.
- Quarterly Dividend Announcement: Primis Financial has declared a quarterly dividend of $0.10 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability, which is expected to bolster investor confidence.
- Yield Information: The forward yield of this dividend stands at 2.95%, providing investors with a relatively attractive return, reflecting the company's competitiveness in the current market environment.
- Payment and Record Dates: The dividend will be payable on February 27, with a record date of February 13 and an ex-dividend date also on February 13, ensuring eligible shareholders receive their dividends promptly.
- Stock Repurchase Program: The company has reauthorized its stock repurchase program, signaling management's confidence in the company's future performance and potentially enhancing earnings per share, thereby increasing shareholder value.
- Net Income Reversal: In Q4 2025, Primis Financial reported a net income of $30 million, or $1.20 per diluted share, a significant turnaround from a net loss of $23 million in Q4 2024, indicating a robust recovery in profitability that is expected to drive continued growth in 2026.
- Asset and Loan Growth: As of December 31, 2025, the company’s total assets reached $4.047 billion, a 10% increase from 2024, while total loans held for investment rose to $3.284 billion, up 14% year-over-year, reflecting the company’s enhanced competitiveness and market share.
- Significant Increase in Noninterest Income: Noninterest income surged to $50 million in Q4 2025, compared to $13 million in Q4 2024, primarily driven by a $51 million gain from a sale-leaseback transaction, showcasing the company’s success in diversifying its revenue streams.
- Ongoing Shareholder Returns: The Board declared a cash dividend of $0.10 per share, marking the company’s 57th consecutive quarterly dividend, reflecting strong cash flow and commitment to shareholders, which is expected to bolster investor confidence and attract further investment.










