Primis Financial Corp logo

Primis Financial Corp

FRST

NASDAQFinancial ServicesBanks - Regional

Regular session

$16.29

+$0.14 · +0.87%

Aug 24, 10:11 AM ET

FRST company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

92

Deep Value

Momentum

53

Neutral

Sentiment

74

Bullish

Risk resilience

71

Moderate Risk

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Company profile

Company website

Primis Financial Corp. operates as the bank holding company for Primis Bank that provides various financial services to individuals, and small and medium sized businesses in the United States. The company offers deposit products, including checking, NOW, savings, and money market accounts, as well as certificates of deposits; and commercial deposit products comprising investment/sweep accounts, wire transfer services, employer services/payroll processing services, zero balance accounts, night depository services, depository transfers, merchant services, ACH originations, business debit cards, controlled disbursement accounts, and remote deposit capture services. It also provides commercial lending products, such as loans consist of lines of credit, revolving credit facilities, demand loans, term loans, equipment loans, SBA loans, stand-by letters of credit, and unsecured loans; loans for permanent financing; construction loans for commercial, multi-family, assisted living and other non-residential properties, and builder/developer lines; second asset based lending; SBA lending; financing for medical, dental, and veterinary businesses; and warehouse lending lines of credit to residential mortgage originators. In addition, the company provides consumer lending products comprising residential mortgage, home equity lines of credit, secured and unsecured personal loans, life insurance premium financing, and Panacea consumer loans. Further, it offers debit cards, ATM services, notary services, and mobile and online banking. 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 headquartered in McLean, Virginia.

Industry
Banks - Regional
Sector
Financial Services
Headquarters
US
CEO
Dennis J. Zember
Listed since
Nov 1, 2006
Employees
593

Market position

Day range

Current $16.29

52-week range

Current $16.29

Open
$16.15
Previous close
$16.15
Volume
5.85K
0.02× average
Average volume
237.93K
Average daily volume
Market cap
405.27M USD
Beta
0.72
Market reference 1
50-day average
$15.9918
+1.86% above average
200-day average
$13.9721
+16.59% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
461.7M USD
P/E (TTM)
7.54×
P/B (TTM)
0.93×
P/S (TTM)
1.3×
EV / EBITDA
5.64×
Earnings yield
17.91%
Free cash flow yield
2.63%
Dividend yield
2.46%

Profitability & efficiency

Gross margin
68.44%
Operating margin
21.59%
Net margin
16.99%
Return on equity
14.53%
Return on assets
1.52%
Return on invested capital
3.06%

Financial health

Debt / equity
1.03×
Current ratio
0.07×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends99%59%19%-21%Gross margin, FY2021: 89.30%Gross margin, FY2022: 76.80%Gross margin, FY2023: 46.84%Gross margin, FY2024: 38.07%Gross margin, FY2025: 67.59%Operating margin, FY2021: 31.98%Operating margin, FY2022: 12.24%Operating margin, FY2023: -4.70%Operating margin, FY2024: -11.37%Operating margin, FY2025: 23.21%Net margin, FY2021: 25.15%Net margin, FY2022: 9.99%Net margin, FY2023: -3.29%Net margin, FY2024: -6.38%Net margin, FY2025: 19.66%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 89.30%. Gross margin FY2022 76.80%. Gross margin FY2023 46.84%. Gross margin FY2024 38.07%. Gross margin FY2025 67.59%. Operating margin FY2021 31.98%. Operating margin FY2022 12.24%. Operating margin FY2023 -4.70%. Operating margin FY2024 -11.37%. Operating margin FY2025 23.21%. Net margin FY2021 25.15%. Net margin FY2022 9.99%. Net margin FY2023 -3.29%. Net margin FY2024 -6.38%. Net margin FY2025 19.66%.

Income trends

Revenue

312.6M USD+23.02%

Operating income

72.55M USD+101.46M USD

Net income

61.44M USD+77.65M USD
Income trends across reported periods346.75M USD210.15M USD73.55M USD−63.05M USDRevenue, FY2021: 123.71M USDRevenue, FY2022: 141.64M USDRevenue, FY2023: 237.87M USDRevenue, FY2024: 254.11M USDRevenue, FY2025: 312.6M USDOperating income, FY2021: 39.57M USDOperating income, FY2022: 17.33M USDOperating income, FY2023: −11.18M USDOperating income, FY2024: −28.9M USDOperating income, FY2025: 72.55M USDNet income, FY2021: 31.11M USDNet income, FY2022: 14.15M USDNet income, FY2023: −7.83M USDNet income, FY2024: −16.21M USDNet income, FY2025: 61.44M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 123.71M USD. Revenue FY2022 141.64M USD. Revenue FY2023 237.87M USD. Revenue FY2024 254.11M USD. Revenue FY2025 312.6M USD. Operating income FY2021 39.57M USD. Operating income FY2022 17.33M USD. Operating income FY2023 −11.18M USD. Operating income FY2024 −28.9M USD. Operating income FY2025 72.55M USD. Net income FY2021 31.11M USD. Net income FY2022 14.15M USD. Net income FY2023 −7.83M USD. Net income FY2024 −16.21M USD. Net income FY2025 61.44M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue312.6M USD254.11M USD237.87M USD141.64M USD123.71M USD
Cost of goods sold101.3M USD157.37M USD126.45M USD32.86M USD13.24M USD
Gross profit211.3M USD96.74M USD111.42M USD108.78M USD110.47M USD
Selling, general, and administrative93.41M USD71.07M USD63.51M USD52.96M USD39.27M USD
Operating expenses138.74M USD125.64M USD122.6M USD91.45M USD70.9M USD
Interest income200.44M USD210.97M USD192.62M USD123.29M USD113.14M USD
Interest expense89.01M USD106.75M USD93.91M USD21.59M USD19.04M USD
Depreciation and amortization9.36M USD8.93M USD9.09M USD7.43M USD8.04M USD
Operating income72.55M USD−28.9M USD−11.18M USD17.33M USD39.57M USD
Net income61.44M USD−16.21M USD−7.83M USD14.15M USD31.11M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
2.49
FY2025
Latest fiscal-year revenue
312.6M USD
FY2025 · +23.02% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend2.81.550.28-0.98FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend331.49M255.93M180.38M104.82MFY21FY22FY23FY24FY25

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$19.00

16.64% upside
Past 12 months12-month forecastHigh $19.00Average $19.00Low $19.00

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