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
3Y-13.0%
5Y-59.0%
10Y-40.0%
3Y-74.0%
5Y-21.0%
10Y+66.0%
3Y+49.0%
5Y-33.0%
10Y+139.0%
FRST

Primis Financial Corp. Cash Conversion Engine

FRST ยท NASDAQ
Net Income61.44M
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital9.89M
Others-60.56M
Capital Expenditures-1.73M
Free Cash Flow9.03M

Cash Flow Quality Analysis

FCF Conversion Rate

14.7%

Weak cash conversion. Significant portion of earnings not converting to cashโ€”review working capital trends and capital intensity.

CapEx Intensity

16.1%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-50.7%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$9.89M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

Primis Financial Corp. Cash Flow Statement

FRST โ€ข NASDAQ

Primis Financial Corp. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
61.4M
-24.7M
-10.1M
14.1M
31M
14.6M
32.2M
33.7M
2.4M
10.3M
9.3M
7.5M
6.3M
6.6M
4.4M
4.1M
-4.7M
1.2M
1.7M
1M
0.0
8.9M
9.1M
7.4M
8M
8.2M
8.2M
7.4M
4.6M
981K
1.3M
1.2M
1.5M
1.8M
1.5M
1.6M
1.3M
1.1M
1M
767K
0.0
-4.3M
-3.7M
-3.3M
6.1M
-1.4M
1.5M
3.1M
9.7M
29K
2.1M
-418K
102K
-2M
-400K
-1.7M
-2.4M
0.0
0.0
0.0
0.0
940K
712K
395K
747K
1.5M
432K
280K
251K
260K
331K
317K
284K
195K
167K
82K
57K
29K
0.0
0.0
-60.6M
42.7M
33.4M
-16.8M
-10.5M
12.5M
-4.8M
-359K
5.2M
2.2M
-1M
491K
-328K
856K
4.8M
3.1M
12.4M
2.4M
1.4M
-1.1M
(0.0)
(2.3M)
(5.8M)
(3M)
(6.2M)
(7.7M)
(4.9M)
(6.7M)
(3.7M)
(4.6M)
(3M)
(3.3M)
(4.6M)
(2.7M)
(1.4M)
(1.6M)
(380K)
(1.1M)
(0.0)
(0.0)
9.9M
-4.1M
-577K
10.6M
-8.1M
-9.2M
-645K
-2.7M
2.4M
4.2M
214K
2.4M
-1.9M
3.4M
2.7M
-4.2M
-1.1M
-167K
-649K
0.0
10.8M
19.5M
28.8M
12.4M
27.3M
26.2M
36.8M
41.4M
24.6M
18M
12.2M
11.5M
5.8M
10.8M
13.2M
2.8M
5.5M
4.5M
3.5M
703K
INVESTING ACTIVITIES
(0.0)
-1.2M
-1.9M
-1M
-2.5M
-1.1M
-1.1M
-2M
-1.4M
-143K
-307K
-897K
-437K
-793K
-522K
-2M
-100K
-130K
-453K
-132K
(0.0)
(0.0)
(0.0)
-4.6M
(0.0)
(0.0)
(0.0)
(0.0)
(24M)
(0.0)
(0.0)
(22.4M)
(0.0)
(47.3M)
(40.4M)
(0.0)
(53.3M)
(0.0)
(0.0)
-863K
(0.0)
-43.1M
-15.9M
-39.4M
-160.5M
-54.1M
-60.4M
(0.0)
-13.2M
-46.1M
-18.3M
-23.2M
-14.8M
-40.1M
(0.0)
(0.0)
-30.2M
-40.4M
-37.1M
-10.5M
0.0
38.2M
29.4M
50.5M
57.5M
98.4M
61.3M
20.3M
23.8M
58.6M
17.6M
6.6M
16.4M
36.9M
11.1M
20.5M
48.5M
36.6M
15.9M
10M
-158.2M
114.4M
-324.4M
-622.3M
116M
-244M
-4.8M
-112M
-95.2M
-108M
-126M
-94.7M
-13M
34.4M
-45.3M
-1.7M
-27.2M
-41.6M
-73.8M
-37.8M
-158.2M
(108.3M)
-312.8M
-616.9M
(10.5M)
-200.8M
-5M
-93.7M
-62M
-95.6M
-127M
-89.8M
-11.8M
(77.6M)
(5.7M)
(16.8M)
(44.3M)
-45.5M
-95.4M
-39.2M
FINANCING ACTIVITIES
-792K
-4K
-31K
-11K
-14K
574K
0.0
0.0
0.0
0.0
-721K
0.0
0.0
0.0
0.0
-48K
26.9M
0.0
0.0
26.4M
22.2M
-33.2M
-274.6M
205.7M
-26.1M
40.1M
-47.5M
-169M
217.1M
21M
30.3M
0.0
0.0
-16.5M
-5M
5M
-25.4M
10.4M
35.5M
-41.1M
-9.9M
-9.9M
-9.9M
-9.9M
-9.8M
-9.7M
-8.7M
-7.7M
-5.8M
-3.9M
-6.4M
-7.2M
-2.9M
-2.8M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-807K
-4K
-31K
-11K
-14K
-135K
(0.0)
(0.0)
(0.0)
(0.0)
-721K
(0.0)
(0.0)
(0.0)
(0.0)
-48K
(0.0)
(0.0)
(0.0)
(0.0)
215M
-97.8M
568.1M
-43.8M
332.1M
307.9M
27.8M
232.1M
-195.8M
77.5M
83.6M
103M
-9.5M
-34.9M
-18.6M
-22.9M
-58.1M
44M
49.7M
59.6M
226.6M
-140.9M
283.6M
152.1M
296.2M
338.9M
-28.4M
55.4M
15.5M
94.6M
106.8M
95.7M
-12.4M
-54.3M
-23.6M
-18M
-56.5M
54.4M
85.1M
45M
CASH FLOW SUMMARY
79.1M
-13M
-306K
-452.3M
334M
164.3M
3.3M
3.1M
-21.9M
17.1M
-8M
17.5M
-18.3M
34.2M
-4.7M
1.7M
-6.7M
13.5M
-6.8M
6.5M
64.5M
77.6M
77.9M
530.2M
196.2M
31.9M
28.6M
25.5M
47.4M
30.3M
38.3M
20.9M
39.2M
5M
9.7M
8.1M
14.8M
1.3M
8.1M
1.7M
143.6M
64.5M
77.6M
77.9M
530.2M
196.2M
31.9M
28.6M
25.5M
47.4M
30.3M
38.3M
20.9M
39.2M
5M
9.7M
8.1M
14.8M
1.3M
8.1M
9M
18.3M
26.9M
11.4M
24.9M
25.1M
35.7M
39.5M
23.2M
17.9M
11.9M
10.6M
5.4M
10M
12.6M
867K
5.4M
4.4M
3M
571K

SEC Filings

FRST - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 27, 2026
May 21, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 08, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 23, 2026
April 23, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 10, 2026
May 21, 2026
2026
10-K

10-K 2025 FY

FY

March 16, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 29, 2026
January 29, 2026
2026
8-K

8-K 2025

N/A

December 18, 2025
December 18, 2025
2025
8-K

8-K 2025

N/A

December 08, 2025
December 05, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 10, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 23, 2025
October 23, 2025
2025
Showing 1 to 10 of 318 filings