Primis Financial Corp. (FRA:7H80)

Primis Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	187.4	199.94	172.79	115.08	106.92	111.56
Interest Income on Investments	11.03	11.03	19.83	8.21	6.22	6.13
Total Interest Income	198.43	210.97	192.62	123.29	113.14	117.69
Interest Paid on Deposits	80.69	95.66	83.69	13.28	13.11	20.33
Interest Paid on Borrowings	11.09	11.09	10.22	8.31	5.93	5.81
Total Interest Expense	91.78	106.75	93.91	21.59	19.04	26.14
Net Interest Income	106.65	104.22	98.71	101.7	94.1	91.56
Net Interest Income Growth (YoY)	2.68%	5.58%	-2.94%	8.07%	2.78%	9.52%
Mortgage Banking Activities	27.54	23.92	17.65	5.05	-	-
Gain (Loss) on Sale of Assets	4.66	5.59	-0.29	4.03	-	-
Gain (Loss) on Sale of Investments	32.32	-	-	-	-	-0.62
Other Non-Interest Income	4.73	8.31	21.69	2.84	3.26	8.76
Total Non-Interest Income	74.83	43.6	44.77	17.67	10.57	14.66
Non-Interest Income Growth (YoY)	92.44%	-2.61%	153.42%	67.23%	-27.94%	28.67%
Revenues Before Loan Losses	181.48	147.83	143.49	119.37	104.67	106.22
Provision for Loan Losses	43.33	50.62	32.54	11.27	-5.8	19.45
Revenue	138.15	97.2	110.95	108.1	110.47	86.77
Revenue Growth (YoY)	32.45%	-12.38%	2.63%	-2.15%	27.32%	-8.32%
Salaries and Employee Benefits	70.61	65.68	58.05	48.61	35.99	35.13
Amortization of Goodwill & Intangibles	2.95	3.3	4.58	1.43	1.44	1.36
Selling, General & Administrative	39.05	37.85	30.84	26.55	23.16	21.58
Other Non-Interest Expense	20.7	19.28	17.5	14.17	10.89	9.01
Total Non-Interest Expense	133.93	126.11	110.97	90.76	71.48	68.05
EBT Excluding Unusual Items	4.22	-28.9	-0.03	17.33	38.99	18.72
Other Unusual Items	-	-	-	-	0.57	-
Pretax Income	4.22	-28.9	-11.18	17.33	39.57	18.72
Income Tax Expense	2.07	-4.24	-1.07	3.19	8.68	4.14
Earnings From Continuing Operations	2.15	-24.67	-10.11	14.15	30.88	14.58
Earnings From Discontinued Operations	-	-	-	-	0.23	8.4
Minority Interest in Earnings	6.42	8.46	2.28	-	-	-
Net Income	8.57	-16.21	-7.83	14.15	31.11	22.98
Net Income to Common	8.57	-16.21	-7.83	14.15	31.11	22.98
Net Income Growth	-	-	-	-54.53%	35.40%	-30.72%
Basic Shares Outstanding	25	25	25	25	24	24
Diluted Shares Outstanding	25	25	25	25	25	24
Shares Change (YoY)	-0.13%	0.20%	-0.12%	0.28%	0.98%	0.16%
EPS (Basic)	0.35	-0.66	-0.32	0.58	1.27	0.95
EPS (Diluted)	0.34	-0.66	-0.32	0.57	1.27	0.94
EPS Growth	-	-	-	-55.10%	34.34%	-30.59%
Dividend Per Share	0.100	0.400	0.400	0.400	0.400	0.400
Dividend Growth	-75.00%	-	-	-	-	8.11%
Effective Tax Rate	49.11%	-	-	18.38%	21.95%	22.12%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.