Primis Financial Completes Sale-Leaseback for $50 Million Gain

Primis Financial ( (FRST) ) has issued an update.

On December 5, 2025, Primis Bank completed a sale-leaseback transaction involving 18 retail banking branches, generating a pre-tax gain of approximately $50 million. This strategic move is part of Primis Financial‘s broader effort to restructure its balance sheet, improve earnings, and bolster capital levels to support future growth. The transaction is expected to enhance the company’s financial metrics, including an increase in tangible book value and earnings per share. Additionally, Primis plans to restructure its investment and insurance portfolios and refinance its debt, aiming to further strengthen its financial position and operational efficiency.

The most recent analyst rating on (FRST) stock is a Hold with a $12.50 price target. To see the full list of analyst forecasts on Primis Financial stock, see the FRST Stock Forecast page.

Spark’s Take on FRST Stock

According to Spark, TipRanks’ AI Analyst, FRST is a Neutral.

Primis Financial’s overall stock score is driven by strong earnings call results and positive technical indicators. However, challenges in financial performance, particularly in revenue generation and cash flow management, along with a high P/E ratio, temper the overall outlook. The company’s strategic initiatives and dividend announcement provide a positive outlook for future growth.

To see Spark’s full report on FRST stock, click here.

More about Primis Financial

Primis Financial Corp., through its wholly-owned subsidiary Primis Bank, operates in the financial services industry, providing a range of services to individuals and small- to medium-sized businesses. The company has a presence in Virginia and Maryland with 24 full-service branches and offers online and mobile banking solutions.

Average Trading Volume: 77,965

Technical Sentiment Signal: Strong Buy

Current Market Cap: $288.1M

For detailed information about FRST stock, go to TipRanks’ Stock Analysis page.