Primis Financial Corp.

FRST

Primis Financial Corp.

FRST

Insider Sentiment (TTM):

Last Purchase:2026-06-11Last Sale:2024-12-13Shares Purchased (TTM):28,058.2Shares Sold (TTM):0

Institutional Sentiment:

As of:2026-03-31Institutional Shares Owned:19,448,007Shares Outstanding:24,665,000Institutional Ownership Pct.:78.85%

Earnings Market Reaction:

Filing Date:2026-08-07Price on Filing Date:N/APrevious Close:N/A% Change:N/A

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Financial Statements

10‑Q10‑K

Values in Millions ($)	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30
Financing Receivable Excluding Accrued Interest Be…	-	-	-	-	-	-	-	-	-	-	-	3,146
Assets
Cash And Due From Banks	10	8	10	8	8	8	8	11	5	6	2	24
Cash And Cash Equivalents…
Cash And Cash Equivalents At Carrying Value	177	160	144	64	94	57	65	77	67	89	78	94
Interest Bearing Deposits In Banks	167	152	134	56	86	49	56	66	61	83	76	70
Debt Securities Available For Sale Excluding Accru…	168	172	171	235	242	242	236	243	233	231	228	217
Debt Securities Held To Maturity Excluding Accrued…	7	7	7	9	9	9	9	10	11	11	12	12
Loans Held For Sale Fair Value Disclosure	199	182	166	149	127	74	83	97	95	72	58	58
Loans Receivable Held For Sale Amount	232	223	166	202	127	74	247	459	-	-	58	66
Transfers Accounted For As Secured Borrowings Asse…	14	15	15	15	17	17	17	18	21	21	21	30
Financing Receivable Allowance For Credit Loss Exc…	-	-46	-46	-45	-46	-44	-54	-51	-52	-53	-52	-36
Financing Receivable Excluding Accrued Interest Af…	-	3,350	3,238	3,155	3,085	2,999	2,834	2,923	3,249	3,174	3,167	3,142
Federal Home Loan Bank Stock And Federal Reserve B…	27	24	14	17	13	13	13	21	17	14	14	13
Property Plant And Equipment Net	6	6	6	19	20	19	19	20	20	20	21	25
Assets Held For Sale Not Part Of Disposal Group	-	-	1	1	2	2	5	10	5	6	7	3
Operating Lease Right Of Use Asset	64	65	66	9	10	10	10	10	10	10	11	11
Goodwill	93	93	93	93	93	93	93	93	93	93	93	93
Finite Lived Intangible Assets Net	-	-	0	0	0	0	1	1	1	2	2	2
Bank Owned Life Insurance	78	77	69	69	68	68	67	67	66	68	68	67
Deferred Income Tax Assets Net	16	15	15	17	19	21	26	26	25	25	22	24
Derivative Assets	-	-	0	0	1	2	5	7	10	11	11	11
Equity Method Investments	7	7	7	7	7	21	-	-	-	-	-	-
Interest Receivable	18	20	-	-	-	-	-	-	-	-	-	-
Other Assets	36	34	45	51	75	58	51	50	55	54	55	57
Assets	4,354	4,257	4,047	3,955	3,872	3,697	3,690	4,024	3,966	3,890	3,857	3,839
Noninterest Bearing Deposit Liabilities	506	541	554	490	478	456	439	421	420	463	473	491
Interest Bearing Deposit …
Interest Bearing Domestic Deposit Negotiable Order…	879	845	863	832	859	820	818	749	794	771	773	803
Interest Bearing Domestic Deposit Money Market	795	778	741	738	744	786	799	835	832	835	795	801
Interest Bearing Domestic Deposit Savings	960	943	922	958	936	778	776	874	866	823	784	747
Interest Bearing Domestic Deposit Time Deposits	307	316	315	319	326	330	340	427	424	423	446	452
Interest Bearing Deposit Liabilities	2,941	2,882	2,841	2,847	2,865	2,713	2,732	2,885	2,915	2,852	2,797	2,803
Deposits	3,446	3,423	3,396	3,336	3,343	3,169	3,171	3,306	3,335	3,315	3,270	3,293
Securities Sold Under Agreements To Repurchase	4	4	4	4	4	4	4	4	3	3	3	4
Secured Debt	14	14	15	15	16	17	17	17	21	21	20	-
Federal Home Loan Bank Advances Maturities Summary…	300	230	25	85	-	-	-	165	80	25	30	0
Transfers Accounted For As Secured Borrowings Asso…	-	-	-	-	-	-	-	-	-	-	-	30
Junior Subordinated Notes	10	10	10	10	10	10	10	10	10	10	10	10
Liabilities And Stockhold…
Liabilities And Stockholders Equity	4,354	4,257	4,047	3,955	3,872	3,697	3,690	4,024	3,966	3,890	3,857	3,839
Senior Long Term Notes	59	59	86	86	86	86	86	86	86	86	86	86
Operating Lease Liability	61	61	61	11	11	12	12	12	11	11	12	12
Other Liabilities	25	28	28	25	25	25	26	27	25	24	28	26
Liabilities	3,920	3,829	3,624	3,573	3,495	3,322	3,325	3,627	3,572	3,495	3,459	3,461
Common Stock Value	0	0	0	0	0	0	0	0	0	0	0	0
Additional Paid In Capital	317	317	317	315	315	315	315	314	314	314	314	313
Stockholders Equity
Retained Earnings Accumulated Deficit	121	114	110	83	78	78	58	84	85	84	84	95
Stockholders Equity	434	427	423	382	376	376	365	397	394	395	376	378
Treasury Stock Common Value	-1	-1	-1	-1	-1	-	-	-	-	-	-	-
Accumulated Other Comprehensive Income Loss Net Of…	-4	-3	-3	-15	-16	-18	-21	-17	-23	-24	-22	-30
Minority Interest	-	-	-	0	0	0	13	16	18	20	21	-
Debt Securities Available For Sale Amortized Cost …	173	176	174	253	262	264	263	264	262	260	256	255
Held To Maturity Securities Fair Value	6	6	7	8	8	8	9	9	10	10	11	11
Preferred Stock Par Or Stated Value Per Share	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Preferred Stock Shares Authorized	5	5	5	5	5	5	5	5	5	5	5	5
Preferred Stock Shares Issued	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Shares Outstanding	0	0	0	0	0	0	0	0	0	0	0	0
Common Stock Par Or Stated Value Per Share	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Common Stock Shares Authorized	45	45	45	45	45	45	45	45	45	45	45	45
Common Stock Shares Issued	25	25	25	25	25	25	25	25	25	25	25	25
Shares Outstanding	25	25	25	25	25	25	25	25	25	25	25	25
Treasury Stock Common Shares	0	0	0	0	0	-	0	-	-	-	-	-

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Earnings Market Reaction

10‑Q10‑K

Fiscal Year	Q1 1 Month	Q1 2 Month	Q1 3 Month	Q2 1 Month	Q2 2 Month	Q2 3 Month	Q3 1 Month	Q3 2 Month	Q3 3 Month	Q4 1 Month	Q4 2 Month	Q4 3 Month
2026	-0.21%	15.15%	6.09%	-	-	-	-	-	-	-	-	-
2025	3.18%	19.72%	17.60%	0.45%	-5.49%	-2.07%	8.04%	20.61%	24.58%	8.27%	13.66%	17.90%
2024	8.03%	10.60%	-5.92%	-	-	-	-8.23%	-11.42%	-15.31%	12.46%	20.83%	44.22%
2023	-	-	-	-5.97%	-14.66%	-13.09%	10.26%	32.57%	38.01%	0.66%	3.17%	-4.02%
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Performance and Valuation Metrics

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Metrics	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30
Leverage & Debt
Interest Coverage TTM	-0.46	-0.50	-0.35	-1.01	-0.54	-0.03	0.25	0.96	0.91	0.84	0.91	1.07
Per Share Metrics
Diluted EPS TTM	2.14	1.87	2.34	-0.14	-0.37	-0.33	-1.00	-0.04	-0.34	-0.56	-0.32	0.10
Free Cash Flow Per Share TTM	-1.75	-3.17	0.44	-2.31	-1.60	2.17	0.74	4.95	4.67	1.55	1.09	-1.97
Dividend Per Share TTM	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40	0.40
Margin Metrics
Gross Profit Margin TTM	58.49%	56.80%	55.59%	53.75%	51.84%	50.55%	49.40%	49.51%	49.91%	49.65%	51.25%	56.08%
Operating Profit Margin TTM	31.38%	28.26%	36.20%	2.13%	-2.79%	-2.81%	-13.70%	-5.60%	-7.53%	-10.28%	-5.80%	3.05%
Net Profit Margin TTM	24.71%	22.36%	28.86%	-1.76%	-4.46%	-3.89%	-11.69%	-0.50%	-4.13%	-6.91%	-4.07%	1.36%
Growth Metrics
Net Revenue Growth (1Y)	5.48%	-1.01%	-4.99%	-5.41%	1.53%	4.85%	9.53%	17.35%	23.10%	40.92%	56.24%	54.93%
Net Income Growth (1Y)	-683.86%	-669.58%	-334.51%	235.32%	9.60%	-41.02%	214.93%	-142.74%	-172.93%	-176.31%	-155.36%	-87.54%
EPS Growth (1Y)	-683.13%	-670.55%	-334.70%	236.19%	9.52%	-41.10%	214.30%	-142.65%	-172.80%	-176.16%	-155.18%	-87.57%
Valuation Metrics
P/E TTM	7.58	7.01	5.81	-71.94	-28.35	-28.38	-11.01	-270.12	-28.91	-20.10	-36.30	74.31
P/B TTM	0.93	0.76	0.80	0.66	0.69	0.61	0.74	0.71	0.61	0.70	0.72	0.48
P/S TTM	1.87	1.57	1.68	1.27	1.27	1.10	1.29	1.34	1.20	1.39	1.48	1.01
Market Cap	402.38M	323.31M	336.27M	251.35M	257.85M	229.77M	271.59M	281.46M	239.94M	275.96M	284.33M	181.17M
Enterprise Value	235.51M	173.37M	202.59M	197.39M	173.68M	182.62M	216.97M	214.05M	183.21M	197.08M	216.60M	97.13M
Calculated Values
Free Cash Flow TTM	-43.21M	-78.19M	10.77M	-56.98M	-39.55M	53.69M	18.34M	122.27M	115.28M	38.32M	26.89M	-48.48M
Net Debt	-166.87M	-149.94M	-133.68M	-53.96M	-84.17M	-47.15M	-54.63M	-67.41M	-56.73M	-78.87M	-67.72M	-84.05M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-06-11Purchase

Owner: Saunders, Jason Brock

Title: -

Shares: 500

Price/Share: $15.20

Value: $7,600.00

Shares Owned: 500

Relationship: Director

Ownership: Direct

2026-06-09Purchase

Owner: Garrett, F L Iii

Title: -

Shares: 155

Price/Share: $15.24

Value: $2,362.20

Shares Owned: 48,339

Relationship: Director

Ownership: Direct

2026-06-08Purchase

Owner: Garrett, F L Iii

Title: -

Shares: 250

Price/Share: $15.03

Value: $3,757.50

Shares Owned: 48,184

Relationship: Director

Ownership: Direct

2026-06-05Purchase

Owner: Garrett, F L Iii

Title: -

Shares: 125

Price/Share: $15.00

Value: $1,875.00

Shares Owned: 47,934

Relationship: Director

Ownership: Direct

2026-06-03Purchase

Owner: Sharma, Anurag

Title: EVP, Chief Information Officer

Shares: 694

Price/Share: $14.40

Value: $9,996.48

Shares Owned: 694

Relationship: Officer

Ownership: Direct

Filed Date	Owner	Relationship	Title	Ownership	Purchase/Sale	No. Shares	Price Per Share	Value	Shares Owned	Document Type
2026-06-11	Saunders, Jason Brock	Director	-	Direct	Purchase	500	15.20	$7,600.00	500	4
2026-06-09	Garrett, F L Iii	Director	-	Direct	Purchase	155	15.24	$2,362.20	48,339	4
2026-06-08	Garrett, F L Iii	Director	-	Direct	Purchase	250	15.03	$3,757.50	48,184	4
2026-06-05	Garrett, F L Iii	Director	-	Direct	Purchase	125	15.00	$1,875.00	47,934	4
2026-06-03	Sharma, Anurag	Officer	EVP, Chief Information Officer	Direct	Purchase	694	14.40	$9,996.48	694	4
2026-06-03	Gamble, Scott R	Director	-	Direct	Purchase	1,711	14.59	$24,963.49	3,100	4
2026-06-01	Gamble, Scott R	Director	-	Direct	Purchase	1,389	14.39	$19,987.71	1,389	4
2026-05-26	Garrett, F L Iii	Director	-	Direct	Purchase	354	14.49	$5,129.46	45,884	4
2026-05-19	Clagett, Robert Yates	Director	-	Direct	Purchase	1,421	14.00	$19,894.00	53,665	4
2026-05-14	Clagett, Robert Yates	Director	-	Direct	Purchase	1,410	14.16	$19,965.60	52,244	4
2026-03-12	Biagas, John Fitzgerald	Director	-	Direct	Purchase	1,925	12.80	$24,640.00	91,944	4
2026-03-11	Biagas, John Fitzgerald	Director	-	Direct	Purchase	1,550	12.75	$19,762.50	90,019	4
2026-03-06	Diaz, Deborah	Director	-	Direct	Purchase	1,050	12.77	$13,408.50	21,122	4
2026-02-10	Cook, William Rand	Director	-	Direct	Purchase	1,770	14.17	$25,080.90	46,203	4
2026-02-05	Cook, William Rand	Director	-	Direct	Purchase	1,410	14.26	$20,106.60	44,433	4
2026-02-03	Switzer, Matthew Alan	Officer	EVP, CFO	Direct	Purchase	2,500	14.06	$35,150.00	96,226	4
2025-12-10	Diaz, Deborah	Director	-	Direct	Purchase	1,608	12.34	$19,842.72	20,072	4
2025-11-13	Clagett, Robert Yates	Director	-	Direct	Purchase	2,268	10.98	$24,902.64	50,834	4
2025-11-11	Clagett, Robert Yates	Director	-	Direct	Purchase	1,830	10.84	$19,837.20	48,566	4
2025-10-28	Johnson, Eric Alan	Director	-	Direct	Purchase	2,320	10.70	$24,824.00	39,980	4
2025-09-09	Johnson, Eric Alan	Director	-	Direct	Purchase	1,818	11.00	$19,998.00	37,660	4
2025-08-06	Garrett, F L Iii	Director	-	Direct	Purchase	2,261	11.07	$25,029.27	45,240	4
2025-08-05	Garrett, F L Iii	Director	-	Direct	Purchase	1,810	11.02	$19,946.20	42,979	4
2025-03-12	Biagas, John Fitzgerald	Director	-	Direct	Purchase	10,000	9.97	$99,700.00	88,469	4
2025-02-06	Williamson, Susan B	Officer	EVP, Director of Reg Relations	Direct	Purchase	2,800	11.15	$31,220.00	8,397	4
2025-02-06	Cook, William Rand	Director	-	Direct	Purchase	2,242	11.15	$24,998.30	28,901	4
2025-02-05	Williamson, Susan B	Officer	EVP, Director of Reg Relations	Direct	Purchase	220	11.05	$2,431.00	5,597	4
2025-02-04	Cook, William Rand	Director	-	Direct	Purchase	1,850	10.98	$20,313.00	9,387	4
2025-02-04	Biagas, John Fitzgerald	Director	-	Direct	Purchase	2,298	10.86	$24,956.28	78,469	4
2024-12-13	Clagett, Robert Yates	Director	-	Direct	Purchase	3,620	12.40	$44,888.00	46,736	4
2024-12-13	Garrett, F L Iii	Director	-	Direct	Purchase	3,660	12.32	$45,091.20	41,169	4
2024-12-13	Kabbash, Charles A	Director	-	Direct	Sale	11,183	12.19	$136,320.77	65,000	4
2024-12-13	Johnson, Eric Alan	Director	-	Direct	Purchase	1,700	12.32	$20,944.00	35,842	4
2024-12-12	Diaz, Deborah	Director	-	Direct	Purchase	2,000	12.42	$24,840.00	18,464	4
2024-03-15	Diaz, Deborah	Director	-	Direct	Purchase	1,650	12.01	$19,816.50	16,464	4
2024-03-14	Cook, William Rand	Director	-	Direct	Purchase	2,110	11.84	$24,982.40	26,332	4
2024-03-14	Biagas, John Fitzgerald	Director	-	Direct	Purchase	2,100	11.86	$24,906.00	64,133	4
2024-03-13	Kabbash, Charles A	Director	-	Direct	Purchase	2,025	12.40	$25,110.00	71,035	4
2024-03-13	Biagas, John Fitzgerald	Director	-	Direct	Purchase	1,635	12.22	$19,979.70	62,033	4
2024-03-12	Fulk, Rickey Allen	Officer	EVP, President	Direct	Purchase	2,000	12.13	$24,260.00	7,960	4
2023-08-10	Kabbash, Charles A	Director	-	Direct	Purchase	3,160	9.84	$31,094.40	74,718	4/A
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Institutional Ownership

No data available for chart

2026-03-31

78.85%

Inst. Shares: 19,448,007

Shares Outstanding: 24,665,000

2025-12-31

78.34%

Inst. Shares: 19,325,535

Shares Outstanding: 24,668,000

2025-09-30

77.38%

Inst. Shares: 19,059,093

Shares Outstanding: 24,632,000

2025-06-30

76.00%

Inst. Shares: 18,772,050

Shares Outstanding: 24,701,000

2025-03-31

77.40%

Inst. Shares: 19,122,747

Shares Outstanding: 24,707,000

Date	Institutional Shares Owned	Shares Outstanding	Institutional Ownership %
2026-03-31	19,448,007	24,665,000	78.85%
2025-12-31	19,325,535	24,668,000	78.34%
2025-09-30	19,059,093	24,632,000	77.38%
2025-06-30	18,772,050	24,701,000	76.00%
2025-03-31	19,122,747	24,707,000	77.40%
2024-12-31	18,505,024	24,688,000	74.96%
2024-09-30	18,654,361	24,696,000	75.54%
2024-06-30	17,209,565	24,683,000	69.72%
2024-03-31	15,812,149	24,674,000	64.08%
2023-12-31	15,991,808	24,639,000	64.90%
2023-09-30	15,177,449	24,642,000	61.59%
2023-06-30	15,128,617	24,639,000	61.40%
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Primis Financial Corp. (FRST) — SEC Financial Statements & Analysis

Primis Financial Corp. (FRST) is a state commercial banks company, incorporated in VA. Primis Financial Corp. trades on Nasdaq as: FRST. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), Primis Financial Corp. reported a 5.48% year-over-year revenue growth, a Gross Profit Margin of 58.49% (TTM), a Price-to-Sales (P/S) ratio of 1.87x (TTM), a Price-to-Book (P/B) ratio of 0.93x (TTM), at a market cap of $402.38M. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y: 5.48%
Gross Profit Margin TTM: 58.49%
P/S TTM: 1.87x
P/B TTM: 0.93x
Market Cap: $402.38M

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is Primis Financial Corp. in?

Primis Financial Corp. (FRST) operates in the State Commercial Banks industry.

What is FRST's market cap?

Primis Financial Corp. (FRST) has a market capitalization of $402.38M as of 2026-06-30.

What is FRST's P/E ratio?

Primis Financial Corp. (FRST)'s trailing twelve month P/E ratio is 7.58x as of 2026-06-30.

What exchange does FRST trade on?

Primis Financial Corp. (FRST) trades on the Nasdaq.

Where is Primis Financial Corp. incorporated?

Primis Financial Corp. is incorporated in VA.