Primis Financial Balance Sheet Health
Financial Health criteria checks 6/6
Primis Financial has total assets of $3.9B and total equity of $418.8M. Total deposits are $3.3B, and total loans are $3.2B. It earns a Net Interest Margin of 3%. It has sufficient allowance for bad loans, which are currently at 0.3% of total loans. Cash and short-term investments are $77.6M.
Key information
9.3x
Asset to equity ratio
3.0%
Net interest margin
| Total deposits | US$3.27b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.3% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$77.55m |
Recent financial health updates
Recent updates
Primis Financial (NASDAQ:FRST) Has Announced A Dividend Of $0.10
Oct 31
Primis Financial (NASDAQ:FRST) Is Paying Out A Dividend Of $0.10
Aug 03Primis Financial (NASDAQ:FRST) Is Paying Out A Dividend Of $0.10
May 02Primis Financial (NASDAQ:FRST) Has Announced A Dividend Of $0.10
Feb 01Primis Financial (NASDAQ:FRST) Has Announced A Dividend Of $0.10
Nov 01Primis Financial goes ex-dividend tomorrow
Aug 10Primis Financial (NASDAQ:FRST) Has Announced A Dividend Of $0.10
Aug 02Panacea Financial, unit of Panacea Financial partners with Pacific Coast Society of Orthodontists
Jul 06News Flash: Analysts Just Made A Sizeable Upgrade To Their Primis Financial Corp. (NASDAQ:FRST) Forecasts
Apr 16Primis Financial (NASDAQ:FRST) Is Due To Pay A Dividend Of US$0.10
Feb 01Primis Financial's (NASDAQ:FRST) Dividend Will Be US$0.10
Nov 02Primis Financial (NASDAQ:FRST) Has Announced A Dividend Of US$0.10
Aug 03Should You Be Adding Primis Financial (NASDAQ:FRST) To Your Watchlist Today?
Jun 07Is Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) An Attractive Dividend Stock?
Mar 16Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FRST's Assets to Equity ratio (9.3x) is low.
Allowance for Bad Loans: FRST has a sufficient allowance for bad loans (315%).
Low Risk Liabilities: 95% of FRST's liabilities are made up of primarily low risk sources of funding.
Loan Level: FRST has an appropriate level of Loans to Assets ratio (82%).
Low Risk Deposits: FRST's Loans to Deposits ratio (97%) is appropriate.
Level of Bad Loans: FRST has an appropriate level of bad loans (0.3%).