Primis Financial Management
Management criteria checks 4/4
Primis Financial's CEO is Dennis Zember, appointed in Feb 2020, has a tenure of 4.25 years. total yearly compensation is $1.43M, comprised of 44.6% salary and 55.4% bonuses, including company stock and options. directly owns 0.81% of the company’s shares, worth $1.94M. The average tenure of the management team and the board of directors is 3.3 years and 6.9 years respectively.
Key information
Dennis Zember
Chief executive officer
US$1.4m
Total compensation
| CEO salary percentage | 44.6% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.8% |
| Management average tenure | 3.3yrs |
| Board average tenure | 6.9yrs |
Recent management 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 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$10m |
| Sep 30 2023 | n/a | n/a | US$5m |
| Jun 30 2023 | n/a | n/a | US$14m |
| Mar 31 2023 | n/a | n/a | US$19m |
| Dec 31 2022 | US$1m | US$639k | US$18m |
| Sep 30 2022 | n/a | n/a | US$22m |
| Jun 30 2022 | n/a | n/a | US$23m |
| Mar 31 2022 | n/a | n/a | US$27m |
| Dec 31 2021 | US$2m | US$618k | US$31m |
| Sep 30 2021 | n/a | n/a | US$30m |
| Jun 30 2021 | n/a | n/a | US$31m |
| Mar 31 2021 | n/a | n/a | US$23m |
| Dec 31 2020 | US$1m | US$520k | US$15m |
Compensation vs Market: Dennis's total compensation ($USD1.43M) is about average for companies of similar size in the US market ($USD1.64M).
Compensation vs Earnings: Dennis's compensation has been consistent with company performance over the past year.
CEO
Dennis Zember (53 yo)
4.3yrs
Tenure
US$1,433,177
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.3yrs | US$1.43m | 0.81% $ 1.9m | |
| Executive VP & CFO | 3.3yrs | US$547.23k | 0.36% $ 867.3k | |
| Executive VP & Chief Credit Officer | 3.3yrs | US$420.69k | 0.28% $ 671.8k | |
| Co-Founder | 3.8yrs | no data | 0.18% $ 439.4k | |
| Executive VP | no data | no data | 0.030% $ 73.1k | |
| Executive VP & Chief Marketing Officer | no data | no data | 0.030% $ 71.6k | |
| Chief Credit Risk Officer | 19.1yrs | US$217.42k | no data | |
| Executive VP & Chief Risk Officer | no data | no data | no data | |
| Head of Practice Solutions | 2.8yrs | no data | no data | |
| Executive VP & Chief Risk Officer | no data | no data | 0.0019% $ 4.5k | |
| Executive VP & Director of Regulatory Relations | no data | no data | 0.022% $ 52.3k | |
| Executive Vice President | less than a year | no data | 0.043% $ 102.3k |
3.3yrs
Average Tenure
53yo
Average Age
Experienced Management: FRST's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.3yrs | US$1.43m | 0.81% $ 1.9m | |
| Independent Director | 6.9yrs | US$100.10k | 0.15% $ 364.6k | |
| Independent Director | 2.9yrs | US$45.80k | 0.0017% $ 4.0k | |
| Independent Non-Executive Chairman | 6.9yrs | US$127.40k | 0.15% $ 367.9k | |
| Independent Director | 6.9yrs | US$98.70k | 0.17% $ 408.8k | |
| Independent Director | 19.1yrs | US$96.50k | 0.94% $ 2.3m | |
| Independent Director | 6.9yrs | US$102.80k | 0.30% $ 722.8k | |
| Director | 2.9yrs | US$93.80k | 0.057% $ 136.6k | |
| Independent Director | 9.8yrs | US$102.80k | 0.17% $ 419.1k | |
| Observer to the Board | 6.9yrs | no data | no data | |
| Independent Director | 3.6yrs | US$96.00k | 0.060% $ 144.0k |
6.9yrs
Average Tenure
69yo
Average Age
Experienced Board: FRST's board of directors are considered experienced (6.9 years average tenure).