Blue Ridge Bankshares, Inc. (BRBS) vs Primis Financial Corp. (FRST)

Blue Ridge Bankshares, Inc. and Primis Financial Corp. are both Banks Regional companies. Blue Ridge Bankshares, Inc. and Primis Financial Corp. are of similar size ($363.6M and $357.9M). Blue Ridge Bankshares, Inc. has negative trailing earnings, so its P/E is not meaningful; Primis Financial Corp. trades at 6.8×. Primis Financial Corp. grew revenue faster over the last twelve months: 13.2% against −14.2%. Primis Financial Corp. has the higher net margin (17.0% vs 0.00%) and the higher return on invested capital (13.0% vs 0.16%). Neither pays a dividend. Across the 16 metrics below, Primis Financial Corp. leads on 13 and Blue Ridge Bankshares, Inc. on 3.

Valuation

Metric BRBS FRST Banks Regional median
P/E n/m 6.79 12.02
P/S 2.59 1.16 2.36
P/B 1.32 0.84 1.23
Price to free cash flow 17.20 n/m 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (0.12%) 14.73% 8.21%
Free cash flow yield 5.81% (11.55%) 9.23%

Profitability

Metric BRBS FRST Banks Regional median
Gross margin 61.60% 71.45% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 0.00% 16.99% 18.82%
Free cash flow margin 0.00% (13.40%) 17.97%
Return on equity (0.12%) 13.11% 10.28%
Return on assets (0.02%) 1.29% 1.13%
Return on invested capital 0.16% 13.03% 8.45%

Growth

Metric BRBS FRST Banks Regional median
Revenue growth (TTM) (14.15%) 13.18% 6.37%
EPS growth (last fiscal year) 135.48% 477.27% 18.85%
Revenue growth, 5-year CAGR 6.43% 18.77% 12.65%
Net income growth, 5-year CAGR (9.56%) 21.74% 9.81%

Health

Metric BRBS FRST Banks Regional median
Debt to equity 0.00 0.16 0.17
Current ratio 0.00 1.02 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BRBS FRST Banks Regional median
Dividend yield 0.00% 0.00% 2.49%
Payout ratio 0.00 0.00 0.29

Size

Metric BRBS FRST Banks Regional median
Market cap 357.85m 363.55m 934.85m

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