Primis Financial Corp.

Primis Financial Corp.

FRSTยทNASDAQ

$14.38

-3.4%
Financial ServicesBanks - Regional

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.

At a Glance

Live Snapshot
Market Cap$356.22M
EPS2.4900
P/E Ratio5.78
Earnings Date07/23/2026
Primis Financial Corp.

Primis Financial Corp. Fair Value Envelope

FRST ยท NASDAQ

Our analysis suggests that FRST has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $14.38, this represents a potential HIDDEN relative to our calculated worth for Primis Financial Corp..

Intrinsic Value
Current Price: $14.38

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$9.1M
+ Cash & Equivalents$143.6M
Firm Value$152.7M
- Debt$262.2M
Equity Value-$109.5M
/ Shares Outstanding24,643,200B
DCF Value-$4
OVERVALUED BY 131%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$5.4M
$2.7M
$1.3M
$672.9K
$336.5K
$168.2K
$84.1K
$42.1K
$21.0K
$10.5K
Maintenance CapEx
-$173.4K
-$86.7K
-$43.4K
-$21.7K
-$10.8K
-$5.4K
-$2.7K
-$1.4K
-$677
-$339
Owner Earnings
$5.2M
$2.6M
$1.3M
$651.3K
$325.6K
$162.8K
$81.4K
$40.7K
$20.4K
$10.2K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$4.8M
$2.2M
$1.0M
$478.7K
$221.6K
$102.6K
$47.5K
$22.0K
$10.2K
$4.7K
Terminal Value represents 0.9% of Enterprise Value