Primis Financial Corp. (FRST)

NASDAQ: FRST · IEX Real-Time Price · USD
14.06
+0.11 (0.79%)
Aug 12, 2022 4:00 PM EDT - Market closed
0.79%
Market Cap 346.58M
Revenue (ttm) 109.03M
Net Income (ttm) 26.46M
Shares Out 24.65M
EPS (ttm) 0.85
PE Ratio 16.54
Forward PE 14.04
Dividend $0.40 (2.84%)
Ex-Dividend Date Aug 11, 2022
Volume 44,932
Open 14.03
Previous Close 13.95
Day's Range 14.00 - 14.16
52-Week Range 12.71 - 16.54
Beta 0.82
Analysts Buy
Price Target 17.85 (+27.0%)
Earnings Date Jul 28, 2022

About FRST

Primis Financial Corp. operates as the bank holding company for Primis Bank that provides a range of financial services to individuals and small and medium sized businesses in the United States. Its deposit products include checking, NOW, savings, and money market accounts, as well as certificates of deposits. The company also offers commercial business and real estate, construction, secured asset based, small business administration, mortgage warehouse lending products, as well as financing for medical, dental, and veterinary businesses; resid... [Read more...]

Industry Banks
IPO Date Nov 1, 2006
CEO Dennis Zember
Employees 418
Stock Exchange NASDAQ
Ticker Symbol FRST
Full Company Profile

Financial Performance

In 2021, FRST's revenue was $111.14 million, an increase of 27.96% compared to the previous year's $86.85 million. Earnings were $31.25 million, an increase of 34.19%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for FRST stock is "Buy." The 12-month stock price forecast is 17.85, which is an increase of 26.96% from the latest price.

Price Target
$17.85
(26.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Primis Financial (FRST) Q2 Earnings and Revenues Top Estimates

Primis Financial (FRST) delivered earnings and revenue surprises of 14.29% and 3.56%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Primis Financial Corp. Reports Basic and Diluted Earnings per Share from Continuing Operations for the Second Quarter...

Completed the Previously Announced Acquisition of SeaTrust Mortgage Company Declares Quarterly Cash Dividend of $0.10 Per Share MCLEAN, Va. , July 28, 2022 /PRNewswire/ -- Primis Financial Corp. (NASDAQ...

Primis Financial Corp. Announces Date for Second Quarter 2022 Earnings Release and Conference Call

MCLEAN, Va. , July 11, 2022 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) (the "Company") today announced that it will release second quarter 2022 results after the market closes on Thursday, Ju...

Panacea Financial Announces Partnership with Pacific Coast Society of Orthodontists (PCSO)

Panacea to offer banking and lending services to eligible PCSO members   LITTLE ROCK, Ark. , July 6, 2022 /PRNewswire/ -- Panacea Financial (Panacea), which provides financial services for physicians, d...

Strength Seen in Primis Financial (FRST): Can Its 5.8% Jump Turn into More Strength?

Primis Financial (FRST) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Primis Announces Completion of Acquisition of SeaTrust Mortgage Company

GLEN ALLEN, Va. , June 1, 2022 /PRNewswire/ -- Primis Bank (the "Bank"), the wholly-owned subsidiary of Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), has completed its acquisition, ...

Panacea Financial Announces Further Expansion of its Practice Solutions Division

LITTLE ROCK, Ark. , May 18, 2022 /PRNewswire/ -- Panacea Financial (Panacea), a division of Primis Financial Corp. that provides financial services for physicians, dentists, and veterinarians through al...

Panacea Financial Announces Partnership with Arkansas Medical Society (AMS)

Panacea to offer banking and lending services to eligible AMS members   LITTLE ROCK, Ark. , May 12, 2022 /PRNewswire/ -- Panacea Financial (Panacea), a division of Primis Financial Corp. that provides f...

Primis Financial Corp. Reports Basic and Diluted Earnings per Share from Continuing Operations of $0.19 for the First...

Announces Signing of a Definitive Agreement to Acquire SeaTrust Mortgage Company Declares Quarterly Cash Dividend of $0.10 Per Share MCLEAN, Va. , April 28, 2022 /PRNewswire/ -- Primis Financial Corp. (...

Primis Financial Corp. Announces Date for First Quarter 2022 Earnings Release and Conference Call

MCLEAN, Va. , April 18, 2022 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) (the "Company") today announced that it will release first quarter 2022 results after the market closes on Thursday, Ap...

Panacea Financial Announces Partnership with Massachusetts Medical Society (MMS)

Panacea to offer banking and lending services to eligible MMS members   LITTLE ROCK, Ark. , April 12, 2022 /PRNewswire/ -- Panacea Financial (Panacea), a division of Primis Financial Corp. that provides...

How Much Upside is Left in Primis Financial (FRST)? Wall Street Analysts Think 25%

The average of price targets set by Wall Street analysts indicates a potential upside of 25.5% in Primis Financial (FRST). While the effectiveness of this highly sought-after metric is questionable, the...

5 Stocks Insiders Are Charging Up for Spring

According to the Insider Cluster Buys Screen, a Premium feature of GuruFocus, five stocks with high insider buys over the past two months include Primis Financial Corp. ( FRST , Financial), James River ...

Other symbols: JRVRNOTVRSVRUTZ

Primis Financial (FRST) Q4 Earnings and Revenues Surpass Estimates

Primis Financial (FRST) delivered earnings and revenue surprises of 11.54% and 6.11%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Reports Diluted Earnings per Share from Continuing Operations of $0.31 for the Fourth Quarter of 2021

MCLEAN, Va., Jan. 27, 2022 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), and its wholly-owned subsidiary, Primis Bank (the "Bank"), today reported net income of $7.7...

Primis Financial Corp. Announces Date for Fourth Quarter 2021 Earnings Release and Conference Call

MCLEAN, Va., Jan. 11, 2022 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) (the "Company") today announced that it will release fourth quarter 2021 results after the market closes on Thursday, Jan...

Panacea Financial Significantly Expands its Practice Solutions Division

LITTLE ROCK, Ark., Nov. 16, 2021 /PRNewswire/ -- Panacea Financial (Panacea), a division of Primis Financial Corp. focused on providing financial services for doctors at all stages of their career, anno...

Primis Financial (FRST) Meets Q3 Earnings Estimates

Primis Financial (FRST) delivered earnings and revenue surprises of 0.00% and -3.50%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Primis Financial Corp. Reports Diluted Earnings per Share from Continuing Operations of $0.25 for the Third Quarter o...

MCLEAN, Va., Oct. 28, 2021 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), and its wholly-owned subsidiary Primis Bank (the "Bank"), today reported net income of $3.9 ...

Analysts Estimate Primis Financial (FRST) to Report a Decline in Earnings: What to Look Out for

Primis Financial (FRST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Panacea Financial Announces Partnership with Colorado Medical Society (CMS)

LITTLE ROCK, Ark., Oct. 15, 2021 /PRNewswire/ -- Panacea Financial (Panacea), a division of Primis Financial Corp. that provides financial services for physicians and dentists through all stages of thei...

Primis Financial Corp. Announces Date for Third Quarter 2021 Earnings Release and Conference Call

MCLEAN, Va., Oct. 14, 2021 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) (the "Company") today announced that it will release third quarter 2021 results after the market closes on Thursday, Octo...

Primis Financial Corp. Announces Sale of Minority Interest in Southern Trust Mortgage, LLC

GLEN ALLEN, Va., Sept. 23, 2021 /PRNewswire/ -- Primis Bank (the "Bank"), the wholly-owned subsidiary of Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), announced today that it has en...

Down 9.4% in 4 Weeks, Here's Why Primis Financial (FRST) Looks Ripe for a Turnaround

Primis Financial (FRST) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings esti...

Panacea Financial Joins the American Academy of Orthopaedic Surgeons' (AAOS) Member Advantage Program

LITTLE ROCK, Ark., Sept. 10, 2021 /PRNewswire/ -- Panacea Financial (Panacea), a division of Primis Financial Corp. that provides financial services for physicians and dentists through all stages of the...