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+121.0%
5Y+138.0%
10Y+517.0%
3Y+334.0%
5Y+167.0%
10Y+496.0%
3Y-13.0%
5Y-59.0%
10Y-40.0%
Primis Financial Corp.

Primis Financial Corp. Profit Bridge

FRST ยท NASDAQ
Revenue312.60M
Cost of Goods Sold (101.30M)
Gross Profit211.30M
Operating Expenses (138.74M)
Operating Income72.55M
Interest Expense (89.01M)
Other Income/Expense0.00
Pretax Income72.55M
Income Tax (14.71M)
Net Income61.44M
Net Income
61.44M

Profitability Analysis

Gross Margin

67.6%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

23.2%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

19.7%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

20.3%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Primis Financial Corp. Income Statement

FRST โ€ข NASDAQ

Primis Financial Corp. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
312.6M
254.1M
237.9M
141.6M
123.7M
131.4M
130.4M
127.4M
88.6M
50.7M
46M
39.9M
36.9M
39.7M
35.9M
37.7M
17.9M
25.8M
22.1M
11M
GROSS PROFIT
(101.3M)
(157.4M)
(126.4M)
(32.9M)
(13.2M)
(45.6M)
(35.7M)
(29.4M)
(23.5M)
(13.5M)
(10.2M)
(8.1M)
(8.3M)
(12M)
(14.6M)
(17.5M)
(14.6M)
(13.6M)
(12.4M)
(5.4M)
211.3M
96.7M
111.4M
108.8M
110.5M
85.8M
94.6M
98M
65.1M
37.1M
35.8M
31.8M
28.6M
27.6M
21.3M
20.1M
3.3M
12.2M
9.7M
5.6M
OPERATING INCOME
(138.7M)
(125.6M)
(122.6M)
(91.4M)
(70.9M)
(67.1M)
(56.6M)
(54.7M)
(49.5M)
(21.7M)
(21.8M)
(20.5M)
(19.3M)
(18M)
(15.2M)
(14.2M)
(10.6M)
(10.6M)
(7.9M)
(5.6M)
(93.4M)
(71.1M)
(63.5M)
(53M)
(39.3M)
(38.4M)
(30.3M)
(31.6M)
(22.8M)
(13.7M)
(14M)
(12.1M)
(11.1M)
(10.4M)
(8.1M)
(7.8M)
(5.8M)
(5.1M)
(3.3M)
(2.3M)
72.6M
-28.9M
-11.2M
17.3M
39.6M
18.7M
38.1M
43.3M
15.6M
15.4M
14M
11.2M
9.3M
9.7M
6.1M
5.9M
-7.4M
1.5M
1.8M
1M
PRE-TAX INCOME
(89M)
(106.7M)
(93.9M)
(21.6M)
(19M)
(26.1M)
(36.9M)
(27.8M)
(15.7M)
(8.6M)
(7.1M)
(4.7M)
(4.7M)
(5.8M)
(6.1M)
(8.5M)
(8.1M)
(12M)
(11.1M)
(4.9M)
111.4M
104.2M
98.7M
101.7M
94.1M
91.6M
83.6M
91.1M
67.9M
40.3M
36.6M
33.4M
30.4M
31.7M
27.3M
27.8M
15.8M
12.1M
10.7M
5.9M
(45.3M)
(54.6M)
(59.1M)
(38.5M)
(31.6M)
(28.6M)
(26.3M)
(23M)
(26.6M)
(8M)
(7.8M)
(8.4M)
(8.2M)
(7.5M)
(7M)
(6.4M)
(4.8M)
(5.6M)
(4.5M)
(3.3M)
72.6M
-28.9M
-11.2M
17.3M
39.6M
18.7M
38.1M
43.3M
15.6M
15.4M
14M
11.2M
9.3M
9.7M
6.1M
5.9M
-7.4M
1.5M
1.8M
1M
NET INCOME
(14.7M)
-4.2M
-1.1M
(3.2M)
(8.7M)
(4.1M)
(5.9M)
(9.6M)
(13.1M)
(5.1M)
(4.7M)
(3.8M)
(3M)
(3.1M)
(1.7M)
(1.9M)
-2.7M
(315K)
(108K)
(0.0)
61.4M
-16.2M
-7.8M
14.1M
31.1M
23M
33.2M
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

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