Primis Financial ( (FRST) ) has released a notification of late filing.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Primis Financial Corp. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending March 31, 2025. The delay is primarily due to the need for additional time to complete necessary documentation, disclosures, and analyses. The company anticipates filing the report within five calendar days following the original due date. There are no expected significant changes in financial results for this period, and forward-looking statements caution against undue reliance due to potential risks and uncertainties. Primis Financial is actively working to ensure compliance, with the notification signed by Chief Financial Officer Matthew A. Switzer.
The most recent analyst rating on (FRST) stock is a Buy with a $14.00 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 has a challenging financial landscape with declining profitability and mixed technical indicators. The strategic growth initiatives outlined in the earnings call provide a positive outlook, yet the valuation remains a concern due to the negative P/E ratio. Overall, the stock shows potential for improvement with strategic execution, but current risks weigh heavily.
To see Spark’s full report on FRST stock, click here.
More about Primis Financial
Average Trading Volume: 103,968
Technical Sentiment Signal: Sell
Current Market Cap: $230.4M
For a thorough assessment of FRST stock, go to TipRanks’ Stock Analysis page.