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FRST Overview

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ET
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Intellectia

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High
15.580
Open
15.470
VWAP
15.43
Vol
157.54K
Mkt Cap
382.73M
Low
15.260
Amount
2.43M
EV/EBITDA(TTM)
79.76
Total Shares
24.77M
EV
689.18M
EV/OCF(TTM)
3.91
P/S(TTM)
4.30
Primis Financial Corp. is the bank holding company for Primis Bank (the Bank), a Virginia state-chartered bank. The Bank provides a range of financial services to individuals and small- and medium-sized businesses through approximately 24 full-service branches in Virginia and Maryland and provides services to customers through certain online and mobile applications. The Company's segments include Primis Bank and Primis Mortgage. The Primis Bank segment specializes in providing financing services to businesses in various industries and deposit-related services to businesses, consumers and other customers. The Primis Mortgage segment specializes in originating mortgages in a majority of the United States. The Bank invests in real estate-related securities, including collateralized mortgage obligations and agency mortgage-backed securities. The Bank offers a broad range of deposit products, including checking (NOW), savings, money market accounts and certificates of deposit.
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Events Timeline

(ET)
2026-04-23
17:10:00
Company Reports Q1 Net Interest Income of $32.1M
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2026-01-29 (ET)
2026-01-29
17:10:00
Company Tangible Book Value Per Share Increases to $13.34
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2025-12-18 (ET)
2025-12-18
17:40:00
Primis Financial Approves Stock Repurchase of 750,000 Shares
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2025-12-08 (ET)
2025-12-08
08:40:00
Primis Bank Completes Sale-Leaseback of 18 Branches with Pre-Tax Gain of $50M
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2025-05-13 (ET)
2025-05-13
16:48:25
Primis Financial announces deconsolidation of Panacea Financial Holdings
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2025-04-14 (ET)
2025-04-14
17:03:43
Primis Financial announces receipt of stay extension for delisting
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2025-04-09 (ET)
2025-04-09
17:04:54
Primis Financial receives noncompliance notification from Nasdaq
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2024-12-19 (ET)
2024-12-19
16:26:19
Primis Financial reauthorizes stock repurchase program
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News

PRnewswire
5.0
05-27PRnewswire
Primis Financial Corp. Elects New Board Members
  • New Board Members: Primis Financial Corp. elected Scott R. Gamble and J. Brock Saunders to its Board of Directors during the annual shareholders' meeting, with Gamble bringing 38 years of banking experience, including his role as Regional President at BB&T, which is expected to enhance the company's insights into commercial and retail banking.
  • Diverse Background: J. Brock Saunders, Managing Partner at Mattock Capital, has extensive financial services experience, including serving as President and CIO at James River Capital, and his expertise in capital markets and investing is anticipated to provide valuable perspectives to the Primis Board.
  • Asset Scale: As of March 31, 2026, Primis Financial Corp. reported total assets of $4.3 billion, with total loans and deposits both at $3.4 billion, indicating a solid foundation in the financial services sector that can support future business expansion.
  • Acknowledgment of Former Directors: The company expressed gratitude to Robert Clagett and Charles Kabbash for their service, emphasizing their contributions during their tenure, ensuring that the new members' addition will continue to drive the company's growth.
Newsfilter
5.0
05-27Newsfilter
Primis Financial Elects New Board Members
  • New Board Members: Primis Financial Corp. elected Scott R. Gamble and J. Brock Saunders to its Board of Directors at the annual shareholder meeting, with Gamble bringing 38 years of banking experience, including his role as Regional President at BB&T, which is expected to enhance the company's commercial and retail banking management.
  • Diverse Background: Saunders, as Managing Partner at Mattock Capital, previously served as President and CIO at James River Capital, and his extensive experience in capital markets and investing will provide valuable insights to Primis' Board, aiding in strategic decision-making.
  • Acknowledgment of Former Directors: The company expressed gratitude to Robert Clagett and Charles Kabbash for their contributions during their tenure, with Gamble and Saunders filling their respective seats, ensuring continuity and professionalism within the board.
  • Financial Overview: As of March 31, 2026, Primis reported total assets of $4.3 billion, with total loans and deposits both at $3.4 billion, reflecting a solid foundation in the financial services sector, and plans to expand market reach through 24 full-service branches and online services.
seekingalpha
9.5
04-24seekingalpha
Primis Financial Corp. Reports Q1 2026 Earnings Insights
  • Earnings Performance: Primis Financial reported a profit of $7.3 million for Q1 2026, translating to $0.30 per share, with an operating basis EPS of $0.33, demonstrating effective control over operating expenses despite a significant gain from the deconsolidation of Panacea in Q1 2025.
  • Net Interest Margin Improvement: The net interest margin increased to 3.43% in Q1, up from 3.28% in the previous quarter, with net interest income around $32 million, indicating successful funding and balance sheet management, with expectations for continued margin expansion throughout 2026.
  • Mortgage Business Growth: The retail mortgage segment had a standout quarter with pretax income reaching $2.1 million, showcasing strong growth potential in the mortgage market, with aspirations to rank among the top 50 mortgage companies nationwide by 2026.
  • AI Strategic Deployment: Management views AI as a critical catalyst for driving operational results and fraud prevention, projecting that within a year, Primis Financial will become the undisputed leader among banks under $10 billion, enhancing its competitive edge in the market.
seekingalpha
8.0
04-24seekingalpha
Primis Financial Declares Quarterly Dividend of $0.10 per Share
  • Quarterly Dividend Announcement: Primis Financial has declared a quarterly dividend of $0.10 per share, consistent with previous distributions, demonstrating the company's ongoing commitment to stable cash flow and shareholder returns.
  • Yield Analysis: The forward yield of 2.87% reflects the company's attractiveness in the current market environment, potentially drawing more investor interest towards its stock.
  • Shareholder Record Dates: The dividend will be payable on May 22, with a record date of May 8 and an ex-dividend date also on May 8, ensuring shareholders receive their payouts promptly.
  • Future Outlook: Primis Financial aims to achieve a 1% return on assets (ROA) by 2026, driven by margin expansion and core deposit growth, indicating the company's confidence in future performance improvements.
seekingalpha
9.5
04-23seekingalpha
Primis Financial Q1 Earnings Beat Expectations
  • Earnings Beat: Primis Financial reported a Q1 GAAP EPS of $0.30, exceeding expectations by $0.02, indicating stable profitability and enhanced market confidence in the company.
  • Strong Revenue Performance: Despite a year-over-year decline of 21.1%, the company achieved Q1 revenue of $46.1 million, surpassing expectations by $13.72 million, demonstrating resilience in revenue generation even in challenging conditions.
  • Positive Future Outlook: Primis Financial aims to achieve a 1% return on assets (ROA) by 2026, focusing on margin expansion and core deposit growth, reflecting the company's confidence and strategic planning for future performance.
  • Market Reaction: Following the earnings release, the market reacted positively to Primis Financial, with investors expressing optimism about the company's growth potential, which may drive stock price appreciation.
PRnewswire
8.0
04-23PRnewswire
Primis Financial Corp. Declares Quarterly Cash Dividend of $0.10 Per Share
  • Quarterly Performance Review: In Q1 2026, Primis Financial Corp. reported a net income of $7.3 million, or $0.30 per diluted share, a significant decline from $22.6 million and $0.92 in Q1 2025, indicating challenges in profitability.
  • Operating Net Income Growth: Despite the overall net income drop, operating net income rose from $3.6 million in 2025 to $8.1 million, with operating earnings per share increasing to $0.33, demonstrating resilience and improvement in core operations.
  • Loan and Deposit Growth: As of March 31, 2026, Primis's total assets reached $4.257 billion, a 15% increase from 2025, with total loans and deposits at $3.4 billion, reflecting a 12% and 8% growth respectively, indicating sustained competitiveness in the market.
  • Dividend Policy Continuation: The Board declared a cash dividend of $0.10 per share, marking the company's 58th consecutive quarterly dividend, showcasing its commitment to shareholder returns despite profitability fluctuations.

Valuation Metrics

The current forward P/E ratio for Primis Financial Corp (FRST.O) is 7.23, compared to its 5-year average forward P/E of 10.48. For a more detailed relative valuation and DCF analysis to assess Primis Financial Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
10.48
Current PE
7.23
Overvalued PE
16.08
Undervalued PE
4.88

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
1.34
Current EV/EBITDA
15.37
Overvalued EV/EBITDA
5.78
Undervalued EV/EBITDA
-3.10

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.60
Current PS
2.49
Overvalued PS
3.24
Undervalued PS
1.95

Financials

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Whales Holding FRST

N
North Reef Capital Management LP
Holding
FRST
+3.91%
3M Return

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Frequently Asked Questions

What is Primis Financial Corp (FRST) stock price today?

The current price of FRST is 15.45 USD — it has increased 0.65

What is Primis Financial Corp (FRST)'s business?

Primis Financial Corp. is the bank holding company for Primis Bank (the Bank), a Virginia state-chartered bank. The Bank provides a range of financial services to individuals and small- and medium-sized businesses through approximately 24 full-service branches in Virginia and Maryland and provides services to customers through certain online and mobile applications. The Company's segments include Primis Bank and Primis Mortgage. The Primis Bank segment specializes in providing financing services to businesses in various industries and deposit-related services to businesses, consumers and other customers. The Primis Mortgage segment specializes in originating mortgages in a majority of the United States. The Bank invests in real estate-related securities, including collateralized mortgage obligations and agency mortgage-backed securities. The Bank offers a broad range of deposit products, including checking (NOW), savings, money market accounts and certificates of deposit.

What is the price predicton of FRST Stock?

Wall Street analysts forecast FRST stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for FRST is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Primis Financial Corp (FRST)'s revenue for the last quarter?

Primis Financial Corp revenue for the last quarter amounts to 29.57M USD, increased 32.53

What is Primis Financial Corp (FRST)'s earnings per share (EPS) for the last quarter?

Primis Financial Corp. EPS for the last quarter amounts to 0.30 USD, decreased -67.39

How many employees does Primis Financial Corp (FRST). have?

Primis Financial Corp (FRST) has 593 emplpoyees as of June 17 2026.

What is Primis Financial Corp (FRST) market cap?

Today FRST has the market capitalization of 382.73M USD.