Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 196.67M | 107.70M | 143.96M | 125.81M | 123.71M | 99.80M |
Gross Profit | 125.13M | 96.74M | 135.79M | 115.42M | 110.47M | 91.79M |
EBITDA | 3.04M | -19.98M | -2.09M | 24.77M | 47.78M | 38.09M |
Net Income | 3.96M | -16.20M | -7.83M | 14.15M | 31.25M | 23.29M |
Balance Sheet | ||||||
Total Assets | 3.68B | 3.70B | 3.86B | 3.57B | 3.41B | 3.09B |
Cash, Cash Equivalents and Short-Term Investments | 57.04M | 243.96M | 230.28M | 314.17M | 801.50M | 349.42M |
Total Debt | 95.95M | 95.88M | 157.67M | 426.08M | 201.53M | 223.57M |
Total Liabilities | 3.31B | 3.33B | 3.46B | 3.18B | 201.53M | 223.57M |
Stockholders Equity | 355.60M | 360.46M | 376.16M | 394.40M | 411.88M | 390.55M |
Cash Flow | ||||||
Free Cash Flow | 55.00M | 0.00 | 26.89M | 12.09M | 24.86M | 28.58M |
Operating Cash Flow | 55.00M | 19.53M | 28.82M | 13.11M | 27.32M | 29.66M |
Investing Cash Flow | -190.01M | 0.00 | -312.76M | -617.51M | 10.46M | -204.27M |
Financing Cash Flow | -179.35M | -140.88M | 283.63M | 152.10M | 296.21M | 338.87M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
77 Outperform | $201.18M | 9.49 | 8.29% | 6.20% | 14.84% | 170.41% | |
76 Outperform | $235.42M | 20.89 | 5.14% | 2.56% | -6.64% | -52.40% | |
76 Outperform | $228.43M | 10.75 | 10.50% | 4.27% | 14.11% | 29.41% | |
73 Outperform | $218.76M | 12.06 | 8.60% | 2.76% | 7.42% | 15.82% | |
67 Neutral | $16.60B | 11.20 | 9.14% | 3.93% | 10.99% | -3.70% | |
62 Neutral | $274.18M | 30.60 | 2.36% | 3.61% | 1.75% | ― | |
60 Neutral | $220.08M | 18.32 | 6.62% | 3.34% | -6.85% | -51.70% |
Primis Financial Corp. reported significant financial growth for the second quarter of 2025, with net income rising to $8.4 million from $3.4 million in the same quarter of 2024. The company declared a quarterly cash dividend of $0.10 per share, payable in August 2025. Key drivers of this growth included a successful sale of a portion of its ownership in Panacea Financial Holdings, increased mortgage lending, and strategic cost reductions. The company’s core banking operations showed improved profitability, driven by a robust deposit base and low-cost funding strategies. Primis is also enhancing its proprietary banking technology, V1BE, to extend its reach and licensing potential. The company’s national strategies, including mortgage warehouse lending, have expanded significantly, supported by its digital platform, which has seen a substantial increase in deposits.
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.
On July 2, 2025, Primis Financial Corp. amended its Articles of Incorporation to remove the classified structure of its Board of Directors, effective from the 2026 annual meeting. The company also updated its bylaws to reflect this change. Additionally, the Board adopted the Primis Financial Corp. Omnibus Incentive Plan, which was approved by stockholders at the annual meeting on June 26, 2025.
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.
On June 26, 2025, Primis Financial Corp. held its Annual Meeting of Stockholders, where 21,611,844 shares were represented. The stockholders elected four directors to the board, approved the amendment to declassify the board, ratified the appointment of Crowe, LLP as auditors, and approved the Omnibus Incentive Plan and executive compensation.
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.