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Primis Financial NasdaqGM:FRST Stock Report

Last Price

US$10.03

Market Cap

US$247.6m

7D

-2.0%

1Y

18.3%

Updated

11 Jun, 2024

Data

Company Financials +

Primis Financial Corp.

NasdaqGM:FRST Stock Report

Market Cap: US$247.6m

Primis Financial Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Primis Financial
Historical stock prices
Current Share PriceUS$10.03
52 Week HighUS$13.69
52 Week LowUS$7.54
Beta0.78
1 Month Change-4.93%
3 Month Change-17.31%
1 Year Change18.28%
3 Year Change-35.91%
5 Year Change-31.54%
Change since IPO-28.12%

Recent News & Updates

Recent updates

Primis Financial (NASDAQ:FRST) Has Announced A Dividend Of $0.10

Oct 31
Primis Financial (NASDAQ:FRST) Has Announced A Dividend Of $0.10

Primis Financial (NASDAQ:FRST) Is Paying Out A Dividend Of $0.10

Aug 03
Primis Financial (NASDAQ:FRST) Is Paying Out A Dividend Of $0.10

Primis Financial (NASDAQ:FRST) Is Paying Out A Dividend Of $0.10

May 02
Primis Financial (NASDAQ:FRST) Is Paying Out A Dividend Of $0.10

Primis Financial (NASDAQ:FRST) Has Announced A Dividend Of $0.10

Feb 01
Primis Financial (NASDAQ:FRST) Has Announced A Dividend Of $0.10

Primis Financial (NASDAQ:FRST) Has Announced A Dividend Of $0.10

Nov 01
Primis Financial (NASDAQ:FRST) Has Announced A Dividend Of $0.10

Primis Financial goes ex-dividend tomorrow

Aug 10

Primis Financial (NASDAQ:FRST) Has Announced A Dividend Of $0.10

Aug 02
Primis Financial (NASDAQ:FRST) Has Announced A Dividend Of $0.10

Panacea Financial, unit of Panacea Financial partners with Pacific Coast Society of Orthodontists

Jul 06

News Flash: Analysts Just Made A Sizeable Upgrade To Their Primis Financial Corp. (NASDAQ:FRST) Forecasts

Apr 16
News Flash: Analysts Just Made A Sizeable Upgrade To Their Primis Financial Corp. (NASDAQ:FRST) Forecasts

Primis Financial (NASDAQ:FRST) Is Due To Pay A Dividend Of US$0.10

Feb 01
Primis Financial (NASDAQ:FRST) Is Due To Pay A Dividend Of US$0.10

Primis Financial's (NASDAQ:FRST) Dividend Will Be US$0.10

Nov 02
Primis Financial's (NASDAQ:FRST) Dividend Will Be US$0.10

Primis Financial (NASDAQ:FRST) Has Announced A Dividend Of US$0.10

Aug 03
Primis Financial (NASDAQ:FRST) Has Announced A Dividend Of US$0.10

Should You Be Adding Primis Financial (NASDAQ:FRST) To Your Watchlist Today?

Jun 07
Should You Be Adding Primis Financial (NASDAQ:FRST) To Your Watchlist Today?

Shareholder Returns

FRSTUS BanksUS Market
7D-2.0%-0.4%1.2%
1Y18.3%25.6%20.8%

Return vs Industry: FRST underperformed the US Banks industry which returned 27.8% over the past year.

Return vs Market: FRST underperformed the US Market which returned 22.5% over the past year.

Price Volatility

Is FRST's price volatile compared to industry and market?
FRST volatility
FRST Average Weekly Movement4.2%
Banks Industry Average Movement4.0%
Market Average Movement5.8%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.9%

Stable Share Price: FRST has not had significant price volatility in the past 3 months.

Volatility Over Time: FRST's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004565Dennis Zemberwww.primisbank.com

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 provides 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.

Primis Financial Corp. Fundamentals Summary

How do Primis Financial's earnings and revenue compare to its market cap?
FRST fundamental statistics
Market capUS$247.56m
Earnings (TTM)US$9.94m
Revenue (TTM)US$135.60m

24.9x

P/E Ratio

0.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRST income statement (TTM)
RevenueUS$135.60m
Cost of RevenueUS$0
Gross ProfitUS$135.60m
Other ExpensesUS$125.66m
EarningsUS$9.94m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.40
Gross Margin100.00%
Net Profit Margin7.33%
Debt/Equity Ratio35.6%

How did FRST perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

99%

Payout Ratio
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