Primis Financial (FRST)
NASDAQ:FRST
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FRST Stock Chart & Stats
$13.52
-$0.10(-0.90%)
At close: 4:00 PM EST
$13.52
-$0.10(-0.90%)
Day’s Range― - ―
52-Week Range$9.19 - $14.97
Previous CloseN/A
Volume19.84K
Average Volume (3M)78.85K
Market Cap
$350.52M
Enterprise Value$720.28M
Total Cash (Recent Filing)$8.36M
Total Debt (Recent Filing)$378.12M
Price to Earnings (P/E)11.2
Beta0.90
Next Earnings
Jul 23, 2026EPS Estimate
0.38Next Dividend Ex-DateN/A
Dividend Yield3.06%
Share Statistics
EPS (TTM)1.88
Shares Outstanding24,772,072
10 Day Avg. Volume73,083
30 Day Avg. Volume78,846
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)0.81
Price to Sales (P/S)1.10
P/FCF Ratio37.99
Enterprise Value/Market Cap2.05
Enterprise Value/Revenue2.46
Enterprise Value/Gross Profit3.77
Enterprise Value/Ebitda11.51
Forecast
1Y Price Target
$17.00Price Target Upside25.74% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)1.53
Revenue Forecast (FY)$188.87M
Bulls Say, Bears Say
Bulls Say
Loan, Deposit And Mortgage GrowthSustained double-digit loan growth, deposit expansion and a rapidly growing mortgage/warehouse franchise diversify earning assets and support recurring net interest income. Over 2–6 months this strengthens interest-earning asset base, improves funding mix and underpins durable revenue growth if credit quality holds.
NIM Expansion Supported By Debt Reduction And RepricingPaying down subordinated debt and a concentrated tranche of loans scheduled to reprice provides a structural tailwind to net interest margin. Over multiple quarters this reduces funding costs and lifts earning yields, improving core profitability sustainability absent major funding shocks.
Operational Leverage And AI-driven EfficiencyHigh revenue growth versus muted core expense growth indicates operating leverage. Combined with targeted AI efficiency initiatives that require little incremental capex, this supports durable margin expansion and scalable operating margins across 2–6 months as volumes normalize.
Bears Say
Negative Operating And Free Cash Flow (TTM)A reversal to negative operating and free cash flow weakens earnings-to-cash conversion and elevates funding risk. Over the medium term this constrains capital allocation flexibility, reduces ability to self-fund growth or buybacks, and increases reliance on external funding if the trend persists.
Rising LeverageA notable increase in leverage tightens capital cushions and heightens sensitivity to credit or funding shocks. Higher debt levels can amplify earnings volatility, limit capacity for opportunistic investments or dividend increases, and increase refinancing and liquidity risk over the coming quarters.
CRE Office NPAs And Provisioning NeedsLingering CRE office nonperforming relationships create uncertainty on loss timing and reserve adequacy. Resolution could require incremental provisions or workouts that depress earnings and capital metrics, pressuring credit costs and limiting capital deployment over several quarters.
Primis Financial News
FRST FAQ
What was Primis Financial’s price range in the past 12 months?
Primis Financial lowest stock price was $9.19 and its highest was $14.97 in the past 12 months.
What is Primis Financial’s market cap?
Primis Financial’s market cap is $350.52M.
When is Primis Financial’s upcoming earnings report date?
Primis Financial’s upcoming earnings report date is Jul 23, 2026 which is in 63 days.
How were Primis Financial’s earnings last quarter?
Primis Financial released its earnings results on Apr 23, 2026. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.283 by $0.047.
Is Primis Financial overvalued?
According to Wall Street analysts Primis Financial’s price is currently Undervalued.
Does Primis Financial pay dividends?
Primis Financial pays a Quarterly dividend of $0.1 which represents an annual dividend yield of 3.06%. See more information on Primis Financial dividends here
What is Primis Financial’s EPS estimate?
Primis Financial’s EPS estimate is 0.38.
How many shares outstanding does Primis Financial have?
Primis Financial has 24,772,072 shares outstanding.
What happened to Primis Financial’s price movement after its last earnings report?
Primis Financial reported an EPS of $0.33 in its last earnings report, beating expectations of $0.283. Following the earnings report the stock price went up 3.016%.
Which hedge fund is a major shareholder of Primis Financial?
Currently, no hedge funds are holding shares in FRST
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Primis Financial Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$17.00 (25.74% Upside)
$17.00 (25.74% Upside)
Hedge Fund Trend
Increased
By 186.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $97.7K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-19.11%
12-Months-Change
Fundamentals
Return on Equity
11.47%
Trailing 12-Months
Asset Growth
15.13%
Trailing 12-Months
Company Description
Primis Financial
Primis Financial Corp. operates as the bank holding company for Primis Bank that provides a range of financial services to individuals and small and medium sized businesses in the United States. Its deposit products include checking, NOW, savings, and money market accounts, as well as certificates of deposits. The company also offers commercial business and real estate, construction, secured asset based, small business administration, mortgage warehouse lending products, as well as financing for medical, dental, and veterinary businesses; residential mortgage, trust mortgage, home equity lines of credit, secured and unsecured personal, and consumer loans, as well as life insurance premium financing and demand loans. It also offers cash management services comprising investment/sweep, zero balance, and controlled disbursement accounts; and wire transfer, employer/payroll processing, night depository, depository transfer, merchant, ACH origination, and remote deposit capture services. In addition, the company provides debit cards, ATM services, notary services, and mobile and online banking. As of December 31, 2021, it operated forty full-service branches in Virginia and Maryland. The company was formerly known as Southern National Bancorp of Virginia, Inc. and changed its name to Primis Financial Corp. Primis Financial Corp. was founded in 2004 and is based in McLean, Virginia.
FRST Company Deck
FRST Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
Positive overall: the company reported meaningful operating improvements including higher operating EPS (up ~126% vs prior-year adjusted), stronger ROA (84 bps), margin expansion (NIM to 3.43%), double-digit loan growth (11.7% YoY), robust mortgage and warehouse momentum (mortgage production +122% YoY; warehouse ~$460M), and demonstrated operating leverage (core revenue growth ~34% vs OpEx +4%). Notable negatives include a large GAAP earnings decline versus a prior-year one-time gain, modest provisioning and remaining CRE NPAs, mortgage fair value/market volatility impacts, and ongoing deposit-cost considerations. On balance the operational and growth positives and the forward-looking margin and efficiency catalysts (repricing tailwinds, AI initiatives, reduced subordinated debt) outweigh the lowlights.View all FRST earnings summariesFRST Stock 12 Month Forecast
Average Price Target
$17.00
▲(25.74% Upside)
Technical Analysis
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Ownership Overview
3.26% Insiders
16.76% Mutual Funds
36.19% Other Institutional Investors
33.88% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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