Primis Financial (FRST) Stock Overview
Operates as the bank holding company for Primis Bank that provides various financial services to individuals, and small and medium sized businesses in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
FRST Community Fair Values
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Analyst Price Targets
Primis Financial Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$16.15 |
| 52 Week High | US$16.88 |
| 52 Week Low | US$9.55 |
| Beta | 0.72 |
| 1 Month Change | -3.12% |
| 3 Month Change | 2.60% |
| 1 Year Change | 47.76% |
| 3 Year Change | 98.16% |
| 5 Year Change | 24.14% |
| Change since IPO | 15.73% |
Recent News & Updates
Recent updates
Primis Financial: Strong End Market Growth
Summary Primis Financial Corp (FRST) is rated BUY, driven by strong 2Q26 results, 44% share price appreciation, and a 13.5% forward P/E discount to peers. FRST’s niche focus on mortgage warehouse loans and Panacea Financial for medical professionals delivers higher yields, low efficiency ratio (25%), and sustainable net interest margins. Consistent dividend history (2.5% yield) and a recent share buyback program enhance shareholder returns and provide downside protection. Key risks include potential increases in loan loss reserves and sensitivity to mortgage demand, but capital ratios remain robust and well above regulatory minimums. Read the full article on Seeking Alpha
FRST: National Platforms And Credit Improvement Will Drive Future Profitability
Analysts have nudged their price target for Primis Financial higher to $19, citing its mix of a community bank franchise with national mortgage warehouse and healthcare banking platforms, and arguing that a potential profitability inflection is not yet reflected in the current valuation. Analyst Commentary Recent Street research on Primis Financial highlights both enthusiasm for the company’s business mix and questions around execution timing and valuation, giving investors several angles to weigh.FRST: Bullish Coverage And Improving Credit Trends Will Support Upside
Analysts have nudged their Primis Financial price target higher to $17.50, reflecting updated assumptions around fair value, discount rate, profit margin and future P/E after recent bullish Street research coverage. What's in the News Primis Financial Corp.FRST: Bullish Coverage And Higher Margin Outlook Will Support Upside
Analysts have nudged their average price target for Primis Financial higher from about $16.42 to roughly $17.08, citing updated assumptions around discount rates, profit margins, and forward P/E following fresh Street research coverage with a bullish view on the stock. Analyst Commentary Recent Street research with a bullish stance has focused on how updated assumptions around discount rates, profit margins, and forward P/E feed into the valuation case for Primis Financial.FRST: Bullish Coverage And Lower Net Charge Offs Will Support Upside
Analysts have nudged their price target for Primis Financial higher from about $16.13 to roughly $16.42, citing updated assumptions around discount rates, expected revenue trends, profit margins, and a modestly adjusted future P/E following a recent bullish initiation of coverage. Analyst Commentary Bullish Takeaways Bullish analysts see the recent initiation of coverage as a vote of confidence in Primis Financial's business model, which they view as supportive of the updated valuation assumptions.FRST: Lower Net Charge Offs Will Support Future Upside Potential
Analysts have maintained their $16.13 price target for Primis Financial in line with prior views, citing only minor adjustments in assumptions for the discount rate, revenue growth, profit margin and future P/E as the basis for this steady outlook. What's in the News Primis Financial Corp.FRST: Lower Net Charge Offs Will Support Future Upside Potential
The analyst fair value estimate for Primis Financial has edged up from $16.00 to about $16.13, with analysts citing updated assumptions around discount rates, profit margins, and future P/E expectations. What's in the News From October 1, 2025 to December 19, 2025, Primis Financial Corp.FRST: Share Repurchases And Lower Net Charge Offs Will Support Upside
Analysts have maintained their fair value estimate for Primis Financial at $16.00 per share. Only very small adjustments to the discount rate, revenue trajectory, profit margin, and future P/E assumptions have resulted in a largely unchanged price target narrative.FRST: Share Repurchases And Improving Credit Quality Will Support Future Upside
Analysts have maintained their $16.00 price target for Primis Financial, indicating consistent views on fair value, discount rate, revenue trajectory, profit margins, and future P/E assumptions based on the latest research. What's in the News Primis Financial Corp.FRST: Share Repurchases And Lower Credit Losses Will Support Future Upside
Analysts have nudged their price target for Primis Financial from $15.63 to $16.00, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of this adjustment. What's in the News Primis Financial Corp.FRST: Share Repurchases Will Support Stronger Earnings And Upside Potential
Analysts have maintained their fair value estimate for Primis Financial at $15.63. They made only minor adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions, indicating that their view of the bank's risk and earnings profile remains largely unchanged.FRST: Share Repurchases And Lower Charge Offs Will Support Stronger Earnings
Analysts have lifted their fair value estimate for Primis Financial by about $0.50 to $15.63, citing updated assumptions around revenue growth of roughly 1.77%, a profit margin near 37.67%, and a forward P/E of about 8.61x. What's in the News The Board of Directors of Primis Financial Corp.FRST: Improving Credit Quality And Margin Outlook Will Support Stronger Earnings
Analysts have raised their price target on Primis Financial from 13.63 dollars to 15.13 dollars, citing improving revenue growth expectations, a modestly lower discount rate, and a more normalized profit margin outlook that supports a higher future earnings multiple. What's in the News Completed repurchase of 79,549 shares, representing approximately 0.32% of shares outstanding, for a total of 0.8 million dollars under the buyback program announced on December 19, 2024 (Key Developments) Reported third quarter 2025 net charge offs of 1.17 million dollars, significantly lower than 7.95 million dollars in the prior year period, indicating improved credit quality trends (Key Developments) Valuation Changes The fair value estimate has risen moderately from 13.63 dollars to 15.13 dollars per share, reflecting a higher intrinsic value assessment.
Digital Savvy And Strategic Lending Fuel Optimistic Growth Prospects
Primis Financial's strategic management of deposit costs and digital platform enhancements suggest efficiency in funding, potentially boosting net interest margins.Primis Financial (NASDAQ:FRST) Has Announced A Dividend Of $0.10
Primis Financial Corp. ( NASDAQ:FRST ) will pay a dividend of $0.10 on the 24th of November. This means the dividend...Primis Financial (NASDAQ:FRST) Is Paying Out A Dividend Of $0.10
Primis Financial Corp. ( NASDAQ:FRST ) will pay a dividend of $0.10 on the 25th of August. This means the annual...Primis Financial (NASDAQ:FRST) Is Paying Out A Dividend Of $0.10
The board of Primis Financial Corp. ( NASDAQ:FRST ) has announced that it will pay a dividend on the 26th of May, with...Shareholder Returns
| FRST | US Banks | US Market | |
|---|---|---|---|
| 7D | -1.4% | -1.4% | -2.2% |
| 1Y | 47.8% | 17.6% | 13.1% |
Return vs Industry: FRST exceeded the US Banks industry which returned 17.6% over the past year.
Return vs Market: FRST exceeded the US Market which returned 13.1% over the past year.
Price Volatility
| FRST volatility | |
|---|---|
| FRST Average Weekly Movement | 3.4% |
| Banks Industry Average Movement | 3.1% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 15.4% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: FRST has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: FRST's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 593 | Dennis Zember | www.primisbank.com |
Primis Financial Corp. operates as the bank holding company for Primis Bank that provides various financial services to individuals, and small and medium sized businesses in the United States. The company offers deposit products, including checking, NOW, savings, and money market accounts, as well as certificates of deposits; and commercial deposit products comprising investment/sweep accounts, wire transfer services, employer services/payroll processing services, zero balance accounts, night depository services, depository transfers, merchant services, ACH originations, business debit cards, controlled disbursement accounts, and remote deposit capture services. It also provides commercial lending products, such as loans consist of lines of credit, revolving credit facilities, demand loans, term loans, equipment loans, SBA loans, stand-by letters of credit, and unsecured loans; loans for permanent financing; construction loans for commercial, multi-family, assisted living and other non-residential properties, and builder/developer lines; second asset based lending; SBA lending; financing for medical, dental, and veterinary businesses; and warehouse lending lines of credit to residential mortgage originators.
Primis Financial Corp. Fundamentals Summary
| FRST fundamental statistics | |
|---|---|
| Market cap | US$399.96m |
| Earnings (TTM) | US$53.11m |
| Revenue (TTM) | US$213.71m |
Is FRST overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FRST income statement (TTM) | |
|---|---|
| Revenue | US$213.71m |
| Cost of Revenue | US$0 |
| Gross Profit | US$213.71m |
| Other Expenses | US$160.60m |
| Earnings | US$53.11m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.15 |
| Gross Margin | 100.00% |
| Net Profit Margin | 24.85% |
| Debt/Equity Ratio | 89.3% |
How did FRST perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/12 01:34 |
| End of Day Share Price | 2026/09/11 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 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 Github.
Analyst Sources
Primis Financial Corp. is covered by 7 analysts. 4 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 |
|---|---|
| Wood Lay | Keefe, Bruyette, & Woods |
| Casey Orr Whitman | Piper Sandler Companies |
| Michael Rose | Raymond James & Associates |