PRMY Stock Overview

Provides various financial services to small and medium-sized businesses in New Hampshire, the United States. More details

PRMY fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 49.3% below our estimate of its fair value

Risk Analysis

Shares are highly illiquid

Latest financial reports are more than 6 months old

My Notes

Capture your thoughts, links and company narrative

Primary Bank Competitors

Bank of Idaho Holding

OTCPK:BOID

US$117.3m

InBankshares

OTCPK:INBC

US$100.3m

PB Financial

OTCPK:PBNC

US$131.6m

SouthPoint Bancshares

OTCPK:SOUB

US$108.8m

Price History & Performance

Summary of share price highs, lows and changes for Primary Bank
Historical stock prices
Current Share Price	US$24.89
52 Week High	US$25.99
52 Week Low	US$20.60
Beta	0.064
1 Month Change	-4.22%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	18.53%
5 Year Change	84.39%
Change since IPO	145.24%

Recent updates

Shareholder Returns

	PRMY	US Banks	US Market
7D	-0.4%	3.4%	2.8%
1Y	n/a	29.6%	24.6%

Return vs Industry: Insufficient data to determine how PRMY performed against the US Banks industry.

Return vs Market: Insufficient data to determine how PRMY performed against the US Market.

Price Volatility

Is PRMY's price volatile compared to industry and market?
PRMY volatility
PRMY Average Weekly Movement	n/a
Banks Industry Average Movement	5.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.4%
10% least volatile stocks in US Market	3.1%

Stable Share Price: PRMY's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine PRMY's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2015	n/a	Crystal Dionne	www.primarybanknh.com

Primary Bank provides various financial services to small and medium-sized businesses in New Hampshire, the United States. The company offers checking, savings, money market, health savings, and individual retirement accounts, as well as certificates of deposit. It also provides commercial lending solutions, including SBA loans, working capital and equipment lines of credit, commercial real estate and construction loans, acquisition and development loans, residential sub-division loans, non-owner-occupied multi-family and 1-4 family loans, business term loans, guaranteed loans, and letters of credit.

Primary Bank Fundamentals Summary

How do Primary Bank's earnings and revenue compare to its market cap?
PRMY fundamental statistics
Market cap	US$117.22m
Earnings (TTM)	US$10.00m
Revenue (TTM)	US$27.01m

11.7x

P/E Ratio

1.3x

P/B Ratio

Is PRMY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PRMY income statement (TTM)
Revenue	US$27.01m
Cost of Revenue	US$0
Gross Profit	US$27.01m
Other Expenses	US$17.01m
Earnings	US$10.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	2.12
Gross Margin	100.00%
Net Profit Margin	37.02%
Debt/Equity Ratio	0%

How did PRMY perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/28 03:45
End of Day Share Price	2024/12/26 00:00
Earnings	2023/12/31
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Primary Bank is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

Primary Bank OTCPK:PRMY Stock Report