Saturday 17 October 2026 Export FRST’s income statement to Excel — free account

Primis Financial Corp.

Primis Financial Corp.’s revenue for fiscal 2025 (year ended December 2025) was $312.8 million, up 23.1% from fiscal 2024. In the quarter to June 2026, revenue grew 19.3%, EPS grew 285.0%, free cash flow grew 85.4% and total debt fell 27.8%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for three; insiders bought in the last twelve months.

15.47 0.03 +0.19%

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Market cap: $382.9M
P/E: 7.2×
Fwd P/E: 12.8×
Dividend yield: 0.00%
F-score: 8/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.40

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	2	1	—	3	3	—	3	7	—	2	3	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 16.55%

Capital & Financial Ratios $m

Market Cap 382.90

Revenue 312.51

Net Income 53.11

Free Cash Flow (41.89)

Net Debt (107.47)

Current Ratio 1.02

Debt/Equity 0.16

P/E ratio 7.16

Fwd P/E 12.80

P/S ratio 1.22

P/B ratio 0.88

Past 5Y EPS Growth 21.00%

This Y EPS Growth 253.73%

Next Y EPS Growth 39.49%

Next Y revenue growth (24.91%)

Next 5Y EPS Growth 80.67%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 3.40%

10-year low 10-year high

P/S against its own 10 years 24.73%

10-year low 10-year high

P/B against its own 10 years 53.34%

10-year low 10-year high

Dividends

Payout Ratio 0.00

Annual Dividend Rate 0.00

Annual Dividend Yield 0.00%

	total	individual payouts
2024	0.20	0.10 0.10
2023	0.40	0.10 0.10 0.10 0.10
2022	0.40	0.10 0.10 0.10 0.10
2021	0.40	0.10 0.10 0.10 0.10
2020	0.40	0.10 0.10 0.10 0.10
2019	0.36	0.09 0.09 0.09 0.09
2018	0.32	0.08 0.08 0.08 0.08
2017	0.32	0.08 0.08 0.08 0.08
2016	0.32	0.08 0.08 0.08 0.08

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	78	65	144	177
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	3,302	3,145	3,547	3,847

	2023	2024	2025	Q'26
Payables	3,270	3,171	3,396	3,446
ST’ Debt	—	—	—	—
Other	—	—	—	—
	3,294	3,192	3,439	3,764

Compound Annual Growth %

	10y	5y	3y
Sales	20.75%	18.77%	30.22%
Cash Flow	(1.26%)	(17.86%)	(4.68%)
Earnings	20.80%	21.74%	63.15%
Book Value	13.46%	1.60%	2.83%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	67	78	—	—	—
’25	80	66	64	103	313
’24	61	63	66	64	254
’23	62	59	58	59	238
’22	29	31	36	47	142
’21	33	29	30	32	124
’20	31	37	31	33	132

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(54)	(6)	—	—	—
’25	34	(41)	(11)	29	11
’24	(1)	52	6	(38)	20
’23	(12)	(24)	(1)	65	29
’22	3	9	11	(11)	12
’21	9	5	9	5	28
’20	10	1	(1)	19	29

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(55)	(6)	—	—	—
’25	35	(41)	(11)	29	11
’24	(1)	54	9	(35)	22
’23	(12)	(25)	(1)	65	27
’22	3	9	11	(10)	13
’21	9	3	10	5	27
’20	10	35	(34)	20	30

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.30	0.38	—	—	—
’25	0.77	0.10	0.28	1.20	2.49
’24	0.10	0.14	0.05	(1.06)	(0.31)
’23	0.34	(0.08)	(0.24)	0.33	0.40
’22	0.19	0.20	0.12	0.09	0.57
’21	0.38	0.42	0.16	0.31	1.27
’20	0.00	0.19	0.39	0.37	0.96

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	11.60	15.12	12.87	13.12	7.58	11.60	11.66	7.01	9.52	7.59	Analyst estimates 2026–2028 Powerpack
	High	16.78	18.48	18.24	16.85	16.41	16.54	16.15	12.99	13.69	13.94
People
People	Employees	162	393	348	350	382	418	565	528	592	593
	Revenue/emp, $m	0.32	0.23	0.37	0.38	0.35	0.30	0.25	0.45	0.43	0.53
Income, $m
Income, $m	Revenue	52	89	129	132	132	124	142	238	254	313
	Gross margin, %	83.32	82.41	78.44	72.01	80.25	84.68	84.76	60.52	57.99	71.54
	EBT	15	16	43	38	19	40	17	(11)	(29)	73
	EBT margin, %	29.76	17.50	33.54	28.85	14.14	31.84	12.24	(4.70)	(11.37)	23.20
	Net income	10	2	34	32	15	31	14	(10)	(25)	58
	Depreciation	2	5	8	6	4	6	8	20	9	10
Per share, $
Per share, $	Revenue	4.23	4.84	5.38	5.49	5.46	5.09	5.77	9.65	10.29	12.68
	Earnings	0.84	0.13	1.40	1.38	0.96	1.28	0.72	0.40	(0.31)	2.49
	Cash flow	1.47	1.34	1.73	1.54	1.19	1.13	0.51	1.17	0.79	0.44
	Capex	0.13	(0.01)	0.10	(0.04)	0.07	(0.02)	0.00	(0.08)	0.11	0.02
	Free cash flow	1.61	1.32	1.82	1.50	1.25	1.11	0.51	1.09	0.90	0.46
	Book value	10.31	17.55	14.50	15.69	16.11	16.78	15.84	16.14	14.78	17.14
	Shares, m	12	18	24	24	24	24	25	25	25	25
Valuation, ×
Valuation, ×	P/E	19.20	178.33	9.44	11.85	12.60	11.75	19.85	36.86	0.00	5.92
	P/S	3.86	3.32	2.46	2.98	2.22	2.96	2.04	1.31	1.13	1.10
	P/B	1.58	0.91	0.91	1.04	0.75	0.90	0.74	0.79	0.79	0.81
	EV/Sales	3.14	3.67	2.68	4.09	2.36	0.26	4.46	1.52	1.26	0.95
	EV/FCF	8.26	13.42	7.90	14.94	10.30	1.19	50.49	13.40	11.69	16.30
Cash, $m
Cash, $m	Operating cash flow	18	25	41	37	29	28	12	29	20	11
	Capex	2	0	2	(1)	2	0	0	(2)	3	1
	Free cash flow	20	24	44	36	30	27	13	27	22	11
Balance, $m
Balance, $m	Working capital	(39)	(138)	(85)	78	172	66	289	9	(47)	109
	Total debt	95	57	57	178	215	195	420	126	96	96
	Net debt	(47)	31	28	146	19	(335)	342	48	31	(47)
	Shareholders’ equity	126	323	348	377	391	410	389	398	365	423
Returns, %
Returns, %	ROA	0.95	0.13	1.27	1.22	0.79	0.96	0.41	(0.21)	(0.43)	1.59
	ROIC	12.54	4.41	7.19	4.54	2.86	33.02	1.48	(1.57)	(4.56)	12.08
	ROE	8.38	1.08	10.04	9.14	5.99	7.77	3.54	(1.99)	(4.25)	15.60

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
ISTR Investar Holding Corporation	$395.3M	16.4×	10.1×	+48.21% (above 0%: growing)	+39.13% (above 0%: growing)	+108.35% (above 0%: growing)	64.92%	0.00%	Compare
PCB PCB Bancorp	$390.4M	9.6×	8.7×	+1.21% (above 0%: growing)	+15.87% (above 0%: growing)	−67.53% (below 0%: shrinking)	57.65%	0.00%	Compare
CHMG Chemung Financial Corp	$383.8M	11.6×	9.9×	+85.38% (above 0%: growing)	n/m	−18.05% (below 0%: shrinking)	75.31%	0.00%	Compare
PKBK Parke Bancorp, Inc.	$383.7M	8.3×	—	+9.73% (above 0%: growing)	+48.57% (above 0%: growing)	−12.38% (below 0%: shrinking)	60.74%	0.00%	Compare
FRST Primis Financial Corp.	$382.9M	7.2×	12.8×	+19.34% (above 0%: growing)	+285.01% (above 0%: growing)	+85.35% (above 0%: growing)	71.20%	0.00%
FNLC First Bancorp, Inc (ME)	$381.4M	10.1×	10.2×	+1.24% (above 0%: growing)	+17.81% (above 0%: growing)	−281.41% (below 0%: shrinking)	58.03%	0.00%	Compare
NECB Northeast Community Bancorp Inc.	$381.0M	8.6×	8.3×	−5.64% (below 0%: shrinking)	−11.76% (below 0%: shrinking)	−14.85% (below 0%: shrinking)	68.91%	0.00%	Compare
CZFS Citizens Financial Services Inc.	$380.6M	9.4×	7.9×	+2.61% (above 0%: growing)	+20.45% (above 0%: growing)	−106.85% (below 0%: shrinking)	68.26%	0.00%	Compare
MVBF Mvb Financial Corp.	$377.0M	9.6×	12.3×	+33.88% (above 0%: growing)	+493.75% (above 0%: growing)	−42.33% (below 0%: shrinking)	75.80%	0.00%	Compare
Median of peers	$382.5M	9.6×	9.9×	+6.17%	+20.45%	−30.19%	66.59%	0.00%

All 323 Banks Regional stocks →

Primis Financial Corp. (FRST) key facts

Strength: Primis Financial Corp.’s revenue for fiscal 2025 (year ended December 2025) was $312.8 million, up 23.1% from fiscal 2024.
Primis Financial Corp. (FRST) is a Banks Regional company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, FRST traded at $15.47, a market capitalization of $382.9 million.
Primis Financial Corp. does not currently pay a dividend.
Return on equity was 15.6% and debt-to-equity 0.16.
Its Piotroski F-score is 8 out of 9 for fiscal 2025.