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FRSTPrimis Financial Corp.
$15.82$392M
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FRST logoPrimis Financial Corp.(FRST)Earnings, Financials & Key Ratios

FRST•NASDAQ•Banking & Credit
$16.37
6.6× P/E·Price updated Jul 2, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustrySpecialty finance and niche lenders
AboutPrimis 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.Show more
  • Net Interest Income$111M+6.9%
  • Total Revenue$313M+23.0%
  • Net Income$61M+479.2%
  • Return on Equity15.6%+467.0%
  • Net Interest Margin2.75%-2.5%
  • Efficiency Ratio44.38%-10.2%
  • ROA1.59%+469.8%
  • Equity / Assets10.45%+5.6%
  • Book Value per Share17.13+15.9%

FRST Price & Volume

Primis Financial Corp. (FRST) stock price & volume — 10-year historical chart

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Persistent Margin Compression Challenges Primis Financial Growth

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Strained
Financial:Vulnerable
Cash Flow:Mixed
Primary Risk:Specialized asset concentration risk

Key Thesis Takeaways

  • Primis Financial Corp.
  • faces a complex outlook characterized by significant earnings volatility and a reliance on non-interest income, which spiked to 48.4% of total revenue in 2025Q4.
  • While the bank achieved a 21.7% year-over-year increase in net interest income as of 2026Q1, persistent net interest margin stagnation between 0.7% and 0.8% suggests ongoing difficulty in managing funding costs.
  • Investors should remain cautious regarding the bank's thin 0.10 equity-to-assets ratio and the potential for lumpy credit events, evidenced by the $33.5 million provision charge recorded in 2024Q4.

Verdict Logic

while the stock trades at a 0.97 P/B ratio, the extreme volatility in quarterly earnings and the -7.43 OCF/NI ratio in 2026Q1 suggest significant operational risks that warrant a wait-and-see approach.

FRST Growth Metrics

Primis Financial Corp. (FRST) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years21.12%
5 Years18.93%
3 Years30.2%
TTM-

Profit CAGR

10 Years20.8%
5 Years21.74%
3 Years63.15%
TTM1063.15%

EPS CAGR

10 Years12.75%
5 Years21%
3 Years63.47%
TTM1007.01%

Return on Capital

10 Years4.75%
5 Years1.58%
3 Years-0.23%
Last Year6.15%

FRST Recent Earnings

Primis Financial Corp. (FRST) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 1/12 qtrs (13%)●Beat Revenue 5/12 qtrs (63%)
Q2 2026Latest
Apr 23, 2026
Metric
Actual
Est
EPS
$0.33+3.1%
$0.32
Rev
$44M-0.2%
$44M
Q2 2026
Mar 16, 2026
Metric
Actual
Est
EPS
$1.20
—
Rev
$103M
—
Q1 2026
Jan 29, 2026
Metric
Actual
Est
EPS
$0.10-70.6%
$0.34
Rev
$78M+161.3%
$30M
Q4 2025
Oct 23, 2025
Metric
Actual
Est
EPS
$0.28-12.5%
$0.32
Rev
$41M+35.7%
$30M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 23, 2026
$0.33vs $0.32+3.1%
$44Mvs $44M-0.2%
Q2 2026Mar 16, 2026
$1.20
$103M
Q1 2026Jan 29, 2026
$0.10vs $0.34-70.6%
$78Mvs $30M+161.3%
Q4 2025Oct 23, 2025
$0.28vs $0.32-12.5%
$41Mvs $30M+35.7%
Based on last 12 quarters of dataView full earnings history →

Latest FRST News

Recent stock market news and headlines for Primis Financial Corp. (FRST)

PRNewsWire·6 days ago
Primis Financial Corp. Announces Appointment of New Board Member Margaret Weichert

MCLEAN, Va., June 30, 2026 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company") and its wholly-owned subsidiary Primis Bank, today announced that Ms.

Peers Comparison

Key metrics vs top competitors for Primis Financial Corp. (FRST)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
FRST logoFRSTPrimis Financial Corp.Current
$16.37$405.52M6.5723.02%19.66%15.6%2.44%
NBTB logoNBTBNBT Bancorp Inc.
$50.25$2.61B15.0910.36%19.66%9.83%—
UVSP logoUVSPUnivest Financial Corporation
$45.15$1.26B14.293.58%18.28%10.19%—
CZWI logoCZWICitizens Community Bancorp, Inc.
$23.95$230.98M16.40-9.41%16.49%8%—
MNSB logoMNSBMainStreet Bancshares, Inc.
$25.09$178.58M14.26-1.44%12.96%7.98%—
NKSH logoNKSHNational Bankshares, Inc.
$37.22$237.03M14.957.88%20.41%9.76%—

Compare FRST vs Peers

Primis Financial Corp. (FRST) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NBTB

Most directly comparable listed peer for FRST.

Scale Benchmark

vs ICE

Larger-name benchmark to compare FRST against a more recognizable public peer.

Peer Set

Compare Top 5

vs NBTB, UVSP, CZWI, MNSB

FRST SEC Filings & Documents

Primis Financial Corp. (FRST) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 27, 2026·SEC

Material company update

Apr 23, 2026·SEC

Material company update

Jan 29, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 16, 2026·SEC

FY 2025

Apr 29, 2025·SEC

FY 2024

Oct 15, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 8, 2026·SEC

FY 2025

Nov 10, 2025·SEC

FY 2025

Aug 11, 2025·SEC

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FRST Frequently Asked Questions

Primis Financial Corp. (FRST) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Primis Financial Corp. growing?

Primis Financial Corp. (FRST) grew revenue by 23.0% over the past year. This is strong growth.

Is FRST profitable?

Yes, Primis Financial Corp. (FRST) is profitable, generating $46.1M in net income for fiscal year 2025 (19.7% net margin).

Dividend & Returns
Does FRST pay dividends?

Yes, Primis Financial Corp. (FRST) pays a dividend with a yield of 2.44%. This makes it attractive for income-focused investors.

What is FRST's return on equity?

Primis Financial Corp. (FRST) has a return on equity (ROE) of 15.6%. This is reasonable for most industries.

Industry Metrics
What is Primis Financial Corp.'s net interest margin?

Primis Financial Corp. (FRST) has a net interest margin (NIM) of 2.8%. NIM has been under pressure due to interest rate environment.

What is Primis Financial Corp.'s efficiency ratio?

Primis Financial Corp. (FRST) has an efficiency ratio of 44.4%. This is excellent, indicating strong cost control.

What if you invested $1,000 in FRST back in 2004?

Total return calculator · dividends reinvested · 22+ years of data

See returns →