Primis Financial Corp.FRST

NasdaqFinanceState Commercial Banks
Price (close)
$15.59
Market cap
$386.6M
P/E
7.3x
Revenue (TTM)
$223.3M
Net income
$53.1M
Dividend yield
2.57%
1-year total return
49.9%
Net margin
23.8%
Revenue growth
25.4%
Debt / equity
—

What Primis Financial Corp. does.

Primis Financial Corp. is the bank holding company for Primis Bank, a Virginia state-chartered bank which commenced operations on April 14, 2005. Primis Bank provides a range of financial services to individuals and small and medium-sized businesses.

As of December 31, 2025, Primis had $4.0 billion in total assets, $3.3 billion in total loans held for investment, $3.4 billion in total deposits and $423 million in total stockholders’ equity. As of December 31, 2025, Primis Bank had 24 full-service branches in Virginia and Maryland and also provides services to customers through certain online and mobile applications. Headquartered in McLean, Virginia, the Company has an administrative office in Glen Allen, Virginia and an operations center in Atlee, Virginia. PMC, a residential mortgage lender headquartered in Wilmington, North Carolina, is a consolidated subsidiary of Primis Bank. PFH owns the rights to the Panacea Financial brand and its intellectual property and partners with the Bank to offer a suite of financial products and services for doctors, their practices, and ultimately the broader healthcare industry. PFH was deconsolidated from the Company on March 31, 2025, as further

discussed below in “PFH Deconsolidation and Sale of Shares”. The operating results of PFH were included in the Company’s consolidated operating results through March 31, 2025. Primis Bank’s deposits are insured, up to applicable limits, by the FDIC.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$106.2M$105.2M$120.1M$144.0M$147.4M$223.8M
Net income$23.0M$31.1M$14.1M-$7.8M-$16.2M$61.4M
Free cash flow$28.6M$25.2M$11.4M$26.9M$18.3M$9.0M

More on FRST.

Figures from Primis Financial Corp.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.