FRST · Primis Financial Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $10.33M | - | $8.74M | $2.96M | $24.59M | - | ($1.16M) | $2.80M | $1.53M | - |
| Interest Expense | - | - | - | - | - | - | $29.09M | $27.35M | $25.08M | - |
| Income Tax | $3.01M | - | $1.91M | $528.0K | $5.55M | - | ($304.0K) | $1.26M | $718.0K | - |
| Net Income | $7.31M | - | $6.83M | $2.44M | $22.64M | - | $1.23M | $3.44M | $2.47M | - |
| EPS - Basic | $0.30 | - | $0.28 | $0.10 | $0.92 | - | $0.05 | $0.14 | $0.10 | - |
| EPS - Diluted | $0.30 | - | $0.28 | $0.10 | $0.92 | - | $0.05 | $0.14 | $0.10 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $159.88M | $143.61M | $63.88M | $94.07M | $57.04M | $64.50M | $77.27M | $66.58M | $88.72M | $77.55M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $4.26B | $4.05B | $3.95B | $3.87B | $3.70B | $3.69B | $4.02B | $3.97B | $3.89B | $3.86B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $3.83B | $3.62B | $3.57B | $3.50B | $3.32B | $3.33B | $3.63B | $3.57B | $3.50B | $3.46B |
| Stockholders' Equity | $427.20M | $422.90M | $382.15M | $376.42M | $375.56M | $351.76M | $381.02M | $376.05M | $374.58M | $376.16M |
| Retained Earnings | $114.37M | $109.62M | $82.54M | $78.17M | $78.21M | $58.05M | $83.85M | $85.10M | $84.13M | $84.14M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($54.36M) | - | - | - | $34.39M | - | - | - | ($965.0K) | - |
| Investing Cash Flow | ($132.05M) | - | - | - | ($27.31M) | - | - | - | ($26.34M) | - |
| Financing Cash Flow | $202.68M | - | - | - | ($14.55M) | - | - | - | $38.47M | - |
| CapEx | $204.0K | - | - | - | - | - | - | - | $0 | - |
| Free Cash Flow | ($54.57M) | - | - | - | - | - | - | - | ($965.0K) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | -7.46 | - | - | - | - | - | - | - | -0.39 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 29.2% | - | 21.8% | 17.8% | 19.7% | - | -32.9% | 26.9% | 22.6% | - |
| Return on assets | 0.2% | - | 0.2% | 0.1% | 0.6% | - | 0.0% | 0.1% | 0.1% | - |
| Return on equity | 1.7% | - | 1.8% | 0.6% | 6.0% | - | 0.3% | 0.9% | 0.7% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | -0.0x | 0.1x | 0.1x | - |
| Equity multiplier | 9.96 | 9.57 | 10.35 | 10.29 | 9.84 | 10.49 | 10.56 | 10.55 | 10.38 | 10.25 |
| Liabilities / Assets | 0.90 | 0.90 | 0.90 | 0.90 | 0.90 | 0.90 | 0.90 | 0.90 | 0.90 | 0.90 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 44.3x | - | 37.5x | 108.5x | 10.6x | - | 243.6x | 74.9x | 121.7x | - |
| P / B | 0.8x | - | 0.7x | 0.7x | 0.6x | - | 0.8x | 0.7x | 0.8x | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -58.0% | - | - | 5.9% | 1507.0% | - | 29.8% | - | -79.2% | - |
| Net income growth (YoY) | -67.7% | - | 456.2% | -29.1% | 817.9% | - | - | - | -57.3% | - |
| EPS growth (YoY) | -67.4% | - | 460.0% | -28.6% | 820.0% | - | - | -30.0% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | -30.7% | -35.9% | - |
| EPS CAGR (5y) | -4.6% | - | -6.4% | -12.0% | - | - | -32.6% | -18.1% | -16.7% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 13.7% | 20.2% | 0.3% | 0.1% | 0.3% | -6.5% | -0.5% | -4.4% | -6.4% | -4.6% |
Peer comparison
Same SIC group: State Commercial Banks
Comparing Primis Financial Corp. against the 5 most active filers in the same SIC group.
Dividends
$0.40/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 8, 2026 | $0.1000 |
| Feb 13, 2026 | $0.1000 |
| Nov 7, 2025 | $0.1000 |
| Aug 8, 2025 | $0.1000 |
| May 14, 2025 | $0.1000 |
| Feb 12, 2025 | $0.1000 |
| Nov 8, 2024 | $0.1000 |
| Aug 9, 2024 | $0.1000 |
| May 9, 2024 | $0.1000 |
| Feb 8, 2024 | $0.1000 |
| Nov 9, 2023 | $0.1000 |
| Aug 10, 2023 | $0.1000 |
| May 11, 2023 | $0.1000 |
| Feb 9, 2023 | $0.1000 |
| Nov 10, 2022 | $0.1000 |
| Aug 11, 2022 | $0.1000 |
| May 12, 2022 | $0.1000 |
| Feb 10, 2022 | $0.1000 |
| Nov 10, 2021 | $0.1000 |
| Aug 12, 2021 | $0.1000 |
| May 13, 2021 | $0.1000 |
| Feb 11, 2021 | $0.1000 |
| Nov 6, 2020 | $0.1000 |
| Aug 7, 2020 | $0.1000 |