Primis Financial Management

Management criteria checks 3/4

Primis Financial's CEO is Dennis Zember, appointed in Feb 2020, has a tenure of 4.83 years. total yearly compensation is $1.20M, comprised of 56.2% salary and 43.8% bonuses, including company stock and options. directly owns 0.81% of the company’s shares, worth €2.28M. The average tenure of the management team and the board of directors is 3.9 years and 7.5 years respectively.

Key information

Dennis Zember

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage56.2%
CEO tenure4.8yrs
CEO ownership0.8%
Management average tenure3.9yrs
Board average tenure7.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dennis Zember's remuneration changed compared to Primis Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$1m

Jun 30 2024n/an/a

-US$8m

Mar 31 2024n/an/a

-US$14m

Dec 31 2023US$1mUS$672k

-US$8m

Sep 30 2023n/an/a

-US$22k

Jun 30 2023n/an/a

US$11m

Mar 31 2023n/an/a

US$18m

Dec 31 2022US$1mUS$639k

US$14m

Sep 30 2022n/an/a

US$22m

Jun 30 2022n/an/a

US$23m

Mar 31 2022n/an/a

US$27m

Dec 31 2021US$2mUS$618k

US$31m

Sep 30 2021n/an/a

US$30m

Jun 30 2021n/an/a

US$31m

Mar 31 2021n/an/a

US$23m

Dec 31 2020US$1mUS$520k

US$15m

Compensation vs Market: Dennis's total compensation ($USD1.20M) is above average for companies of similar size in the German market ($USD902.55K).

Compensation vs Earnings: Dennis's compensation has been consistent with company performance over the past year.


CEO

Dennis Zember (54 yo)

4.8yrs

Tenure

US$1,196,694

Compensation

Mr. Dennis J. Zember, Jr., serves as Chief Executive Officer and Director of Primis Financial Corp. (formerly known as Southern National Bancorp of Virginia, Inc.) and serves as its President and also serv...


Leadership Team

NamePositionTenureCompensationOwnership
Dennis Zember
President4.8yrsUS$1.20m0.81%
€ 2.3m
Matthew Switzer
Executive VP & CFO3.9yrsUS$457.47k0.36%
€ 1.0m
Ann-Stanton Gore
Executive VP & Chief Marketing Officer3.3yrsUS$372.76k0.030%
€ 84.1k
Rickey Fulk
Executive Vice President1.2yrsUS$374.01k0.043%
€ 120.2k
Clinton Stafford
Co-Founder4.4yrsno data0.18%
€ 516.0k
Cheryl Wood
Executive VPno datano data0.030%
€ 85.8k
William Stevens
Chief Credit Risk Officer19.7yrsUS$217.42kno data
Marie Leibson
Executive VP & Chief Credit Officer3.9yrsUS$420.69k0.30%
€ 839.3k
Brandon Finazzo
Head of Practice Solutions3.4yrsno datano data
Julia Fredricks
Executive VP & Chief Risk Officerno datano data0.0019%
€ 5.3k
Susan Williamson
Executive VP & Director of Regulatory Relationsno datano data0.022%
€ 61.4k
Robyn Reid
VP, Treasurer & Controller6.7yrsno datano data

3.9yrs

Average Tenure

54yo

Average Age

Experienced Management: 7H80's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dennis Zember
President4.8yrsUS$1.20m0.81%
€ 2.3m
Fred Garrett
Independent Director7.5yrsUS$75.80k0.17%
€ 469.9k
John Eggemeyer
Independent Director3.5yrsUS$45.80k0.0017%
€ 4.7k
William Cook
Independent Non-Executive Chairman7.5yrsUS$105.20k0.15%
€ 432.1k
Eric Johnson
Independent Director7.5yrsUS$73.00k0.19%
€ 522.3k
Charles Kabbash
Independent Director19.7yrsUS$72.20k0.91%
€ 2.6m
John Biagas
Independent Director7.5yrsUS$78.50k0.30%
€ 848.9k
Allen Jones
Independent Director3.5yrsUS$68.80k0.057%
€ 160.4k
Robert Clagett
Independent Director10.3yrsUS$78.50k0.19%
€ 533.5k
J. Thomas
Observer to the Board7.5yrsno datano data
Deborah Diaz
Independent Director4.2yrsUS$75.10k0.075%
€ 210.7k

7.5yrs

Average Tenure

70yo

Average Age

Experienced Board: 7H80's board of directors are considered experienced (7.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 04:00
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Primis Financial Corp. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher MarinacFIG Partners
Christopher MarinacJanney Montgomery Scott LLC
Casey Orr WhitmanPiper Sandler Companies