What is Primis Financial Corp.'s earnings per share (EPS)?

Primis Financial Corp. (FRST) reported diluted earnings per share of $2.49 for fiscal year 2025. This represents a 477.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Primis Financial Corp. (FRST) Financials

FRST

FY2025 annual

Revenue $223.8M +51.9% YoY

Net Income $61K +479.2% YoY

EPS (Diluted) $2.49 +477.3% YoY

Free Cash Flow $9.0M -50.7% YoY

Market Cap $381.2M as of Oct 14, 2026

Price / Sales 1.7x on $223.3M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 0.9x on $433.8M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 7, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FRST SEC filings page.

Primis Financial Corp. (FRST) reported $223.8M in revenue for fiscal year 2025, up 51.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI FRST FY2025 2026-10-04

Primis returned to profit while its asset-heavy, highly financed model remained driven more by balance-sheet flows than reported earnings in FY2025.

FY2025 operating cash flow of $10.8M was far larger than net income of $61K, showing that accounting profit was not the main force shaping cash generation. The combination of financing cash inflow of $226.6M and investing cash flow of -$158.2M reinforces that funding and investment activity materially influenced reported cash results.

Leverage eased from 9.5x in FY2024 to 8.6x in FY2025, an improvement in balance-sheet structure rather than evidence that the business became lightly financed. The lower ratio coincided with equity rising from $351.8M to $422.9M; assets also expanded, so the capital cushion improved alongside growth.

Scale did not translate into stronger cash output: revenue increased 51.8% in FY2025, while free cash flow decreased 50.7%, indicating that expansion produced less cash after reinvestment. Interest expense fell from $106.7M to $89.0M, helping explain the return to positive net income even as cash generation weakened.

Financial Health Signals

Financial Health Score 28/100

Scored as: Banks peer group

Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Primis Financial Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Earnings

Primis Financial Corp. earned a return on assets of 0.0% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is unchanged from the prior year. Earnings ranks banks on that return over three years, and Primis Financial Corp. scores 16/100 among other banks.

Growth

Primis Financial Corp. reported revenue of $223.8M in fiscal year 2025, against $147.4M in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and Primis Financial Corp. scores 82/100 among other banks.

Capital

Primis Financial Corp. funded 10.4% of its assets with shareholders' equity at the end of fiscal year 2025, holding $422.9M of equity against $4.0B of assets. Capital ranks banks on that cushion, and Primis Financial Corp. scores 35/100 among other banks.

Efficiency

Efficiency measures what a bank spends running itself against the revenue that spending brings in, so a lower ratio is the better one. Primis Financial Corp. scores 23/100 on it among other banks.

Credit Quality

Not available for Primis Financial Corp., and counted as zero in the overall score.

Stability

Primis Financial Corp. reported net income of $61K in fiscal year 2025, against a loss of $16K in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and Primis Financial Corp. scores 10/100 among other banks.

Piotroski F-Score Partial

6/6

Primis Financial Corp. passes 6 of 6 computable financial strength tests (3 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

N/A

Primis Financial Corp. reported $61K of net income while generating $10.8M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead.

Key Financial Metrics

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Earnings & Revenue

Revenue

$55.8M

YoY+29.1%

QoQ+22.3%

5Y CAGR+18.2%

10Y CAGR+17.5%

Primis Financial Corp. generated $55.8M in revenue in Q2 2026. This represents an increase of 29.1% from the same quarter a year earlier. Against the prior quarter it is up 22.3%.

Net Income

$9.4M

YoY+286.8%

QoQ+28.9%

5Y CAGR-1.7%

10Y CAGR+13.0%

Primis Financial Corp. reported $9.4M in net income in Q2 2026. This represents an increase of 286.8% from the same quarter a year earlier. Against the prior quarter it is up 28.9%.

EPS (Diluted)

$0.38

YoY+280.0%

QoQ+26.7%

5Y CAGR-2.0%

10Y CAGR+5.1%

Primis Financial Corp. earned $0.38 per diluted share (EPS) in Q2 2026. This represents an increase of 280.0% from the same quarter a year earlier. Against the prior quarter it is up 26.7%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

-$6.0M

QoQ+89.0%

Primis Financial Corp. recorded an outflow of $6.0M in free cash flow in Q2 2026, representing a cash shortfall after capex. Against the prior quarter it is up 89.0%.

Cash & Debt

$176.8M

YoY+88.0%

QoQ+10.6%

5Y CAGR-22.2%

10Y CAGR+15.5%

Primis Financial Corp. held $176.8M in cash as of Q2 2026; long-term debt is not reported for that period.

Dividends Per Share

$0.10

YoY0.0%

QoQ0.0%

5Y CAGR0.0%

Primis Financial Corp. paid $0.10 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

25M

YoY+0.6%

QoQ+0.1%

5Y CAGR+0.2%

10Y CAGR+7.3%

Primis Financial Corp. had 25M shares outstanding in Q2 2026. This represents an increase of 0.6% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.

Margins & Returns

Net Margin

16.9%

YoY+11.3pp

QoQ+0.9pp

5Y change-25.5pp

10Y change-8.1pp

Primis Financial Corp.'s net profit margin was 16.9% in Q2 2026, showing the share of revenue converted to profit. This is up 11.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.9 percentage points.

Return on Equity

2.2%

YoY+1.5pp

QoQ+0.5pp

5Y change-0.3pp

10Y change-0.1pp

Primis Financial Corp.'s ROE was 2.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 1.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.5 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Capital Expenditures

$298K

QoQ+46.1%

Primis Financial Corp. invested $298K in capex in Q2 2026, funding long-term assets and infrastructure. Against the prior quarter it is up 46.1%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

FRST Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FRST quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$223.3M	$223.8M+51.9%	$147.4M+2.4%	$144.0M+19.9%	$120.1M+14.1%	$105.2M-0.9%	$106.2M+11.8%	$95.0M-6.2%	$101.3M+38.1%	$73.3M+70.0%	$43.1M+6.8%	$40.4M+12.9%	$35.8M+11.1%	$32.2M-13.7%	$37.3M+25.4%	$29.8M
SG&A Expenses	$83.9M	$79.1M+18.7%	$66.6M+13.4%	$58.8M+19.9%	$49.0M+33.4%	$36.7M+0.2%	$36.7M+39.7%	$26.3M-5.2%	$27.7M+36.6%	$20.3M+73.7%	$11.7M-1.6%	$11.9M+16.0%	$10.2M+12.8%	$9.1M+13.4%	$8.0M+17.8%	$6.8M
Interest Expense	$89.2M	$89.0M-16.6%	$106.7M+13.7%	$93.9M+335.0%	$21.6M+13.4%	$19.0M-27.2%	$26.1M-29.2%	$36.9M+32.6%	$27.8M+77.9%	$15.7M+81.3%	$8.6M+22.0%	$7.1M+51.4%	$4.7M+0.1%	$4.7M-19.9%	$5.8M-4.3%	$6.1M
Income Tax	$14.3M	$14.7M+447.2%	-$4.2M-297.2%	-$1.1M-133.5%	$3.2M-63.3%	$8.7M+109.7%	$4.1M-29.7%	$5.9M-38.7%	$9.6M-26.9%	$13.1M+158.0%	$5.1M+9.2%	$4.7M+24.3%	$3.8M+23.6%	$3.0M-2.5%	$3.1M+84.1%	$1.7M
Net Income	-$8.3M	$61K+479.2%	-$16K-106.9%	-$8K-155.4%	$14K-54.5%	$31K-99.9%	$23.0M-30.7%	$33.2M-1.6%	$33.7M+1289.3%	$2.4M-76.5%	$10.3M+11.0%	$9.3M+24.1%	$7.5M+19.6%	$6.3M-4.7%	$6.6M+49.3%	$4.4M
EPS (Basic)	N/A	$2.49+477.3%	-$0.66-106.3%	-$0.32-155.2%	$0.58-54.0%	$1.26+31.3%	$0.96-30.4%	$1.38-1.4%	$1.40+976.9%	$0.13-84.5%	$0.84+10.5%	$0.76+20.6%	$0.63+16.7%	$0.54-5.3%	$0.57+50.0%	$0.38
EPS (Diluted)	$2.16	$2.49+477.3%	-$0.66-106.3%	-$0.32-156.1%	$0.57-54.8%	$1.26	$0.96-29.4%	$1.36-2.2%	$1.39+969.2%	$0.13	$0.83+10.7%	$0.75+19.0%	$0.63+16.7%	$0.54-5.3%	$0.57+50.0%	$0.38
Diluted Shares (Avg)	N/A	25M0.0%	25M+0.2%	25M-0.1%	25M+0.3%	25M	24M+0.2%	24M+0.2%	24M+30.0%	19M	12M+0.8%	12M+103278.9%	11,927+2.6%	11,627+0.3%	11,596-99.9%	12M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$55.8M+29.1%	$45.6M-22.3%	$80.9M+108.6%	$41.0M+9.9%	$43.2M+21.0%	$58.7M+65.0%	$38.8M+11.9%	$37.3M+9.5%
SG&A Expenses	$20.3M+18.8%	$19.6M+9.0%	$25.5M+41.6%	$18.5M+10.5%	$17.1M+6.0%	$17.9M+14.0%	$18.0M+23.1%	$16.8M+21.4%
Interest Expense	$22.6M+0.5%	$21.5M+0.4%	$22.5M-10.9%	$22.7M-21.8%	$22.4M-17.9%	$21.4M-14.8%	$25.2M+3.4%	$29.1M+22.8%
Income Tax	$2.7M+412.1%	$3.0M-45.7%	$6.7M+213.7%	$1.9M+727.3%	$528K-58.3%	$5.6M+673.4%	-$5.9M-32.3%	-$304K-120.0%
Net Income	$9.4M+286.8%	$7.3M-67.7%	-$31.8M-345.6%	$6.8M+456.2%	$2.4M-29.1%	$22.6M+817.9%	-$7.1M-1954.5%	$1.2M+120.4%
EPS (Basic)	$0.38+280.0%	$0.30-67.4%	$1.20+226.3%	$0.28+460.0%	$0.10-28.6%	$0.92+820.0%	-$0.95-187.9%	$0.05+120.8%
EPS (Diluted)	$0.38+280.0%	$0.30-67.4%	$1.20+226.3%	$0.28+460.0%	$0.10-28.6%	$0.92+820.0%	-$0.95	$0.05+120.8%
Diluted Shares (Avg)	25M+0.3%	25M0.0%	N/A	25M-0.3%	25M0.0%	25M+0.1%	N/A	25M+0.3%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

FRST Balance Sheet

FRST quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$4.0B+9.7%	$3.7B-4.3%	$3.9B+8.1%	$3.6B+4.7%	$3.4B+10.3%	$3.1B+13.5%	$2.7B+0.8%	$2.7B+3.3%	$2.6B+128.8%	$1.1B+10.3%	$1.0B+13.0%	$916.6M+28.0%	$716.2M-1.1%	$723.8M+18.4%	$611.4M
Cash & Equivalents	$143.6M+122.6%	$64.5M-16.8%	$77.6M-0.4%	$77.9M-85.3%	$530.2M+170.2%	$196.2M+514.5%	$31.9M+11.6%	$28.6M+12.4%	$25.5M-46.3%	$47.4M+56.2%	$30.3M-20.8%	$38.3M+83.7%	$20.9M-46.8%	$39.2M+678.6%	$5.0M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$93.5M0.0%	$93.5M0.0%	$93.5M-10.7%	$104.6M+2.6%	$102.0M0.0%	$102.0M0.0%	$102.0M0.0%	$102.0M+1.3%	$100.6M+856.9%	$10.5M0.0%	$10.5M0.0%	$10.5M+14.8%	$9.2M0.0%	$9.2M0.0%	$9.2M
Total Liabilities	$3.6B+9.0%	$3.3B-3.9%	$3.5B+8.9%	$3.2B+6.1%	$3.0B+11.0%	$2.7B+15.1%	$2.3B-0.3%	$2.4B+2.7%	$2.3B+125.5%	$1.0B+10.9%	$916.5M+14.2%	$802.7M+31.7%	$609.6M-1.8%	$620.6M+21.1%	$512.3M
Total Equity	$422.9M+20.2%	$351.8M-6.5%	$376.2M-3.3%	$389.0M-5.1%	$410.0M+5.4%	$388.8M+3.1%	$377.2M+8.3%	$348.3M+7.9%	$322.8M+155.5%	$126.3M+5.6%	$119.6M+5.0%	$114.0M+6.9%	$106.6M+3.3%	$103.2M+4.2%	$99.1M
Retained Earnings	$109.6M+88.8%	$58.0M-31.0%	$84.1M-17.4%	$101.8M+4.4%	$97.6M+25.1%	$78.0M+12.2%	$69.5M+54.4%	$45.0M+139.9%	$18.8M-15.2%	$22.1M+40.6%	$15.7M+22.9%	$12.8M+1.9%	$12.6M+36.5%	$9.2M+68.1%	$5.5M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$4.4B+12.4%	$4.3B+15.1%	$4.0B+9.7%	$4.0B-1.7%	$3.9B-2.4%	$3.7B-5.0%	$3.7B-4.3%	$4.0B+4.8%
Cash & Equivalents	$176.8M+88.0%	$159.9M+180.3%	$143.6M+122.6%	$63.9M-17.3%	$94.1M+41.3%	$57.0M-35.7%	$64.5M-16.8%	$77.3M-17.7%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$93.5M0.0%	$93.5M0.0%	$93.5M0.0%	$93.5M0.0%	$93.5M0.0%	$93.5M0.0%	$93.5M0.0%	$93.5M0.0%
Total Liabilities	$3.9B+12.1%	$3.8B+15.3%	$3.6B+9.0%	$3.6B-1.5%	$3.5B-2.1%	$3.3B-5.0%	$3.3B-3.9%	$3.6B+4.8%
Total Equity	$433.8M+15.3%	$427.2M+13.7%	$422.9M+20.2%	$382.2M+0.3%	$376.4M+0.1%	$375.6M+0.3%	$351.8M-6.5%	$381.0M+0.9%
Retained Earnings	$121.3M+55.2%	$114.4M+46.2%	$109.6M+88.8%	$82.5M-1.6%	$78.2M-8.1%	$78.2M-7.0%	$58.0M-31.0%	$83.9M-11.5%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities, Long-Term Debt.

FRST Cash Flow Statement

FRST quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	-$42.7M	$10.8M-44.9%	$19.5M-32.2%	$28.8M+131.8%	$12.4M-55.0%	$27.6M-6.9%	$29.7M-19.3%	$36.8M-11.3%	$41.4M+68.5%	$24.6M+36.4%	$18.0M+47.5%	$12.2M+6.4%	$11.5M+96.5%	$5.8M-46.1%	$10.8M-17.6%	$13.2M
Depreciation & Amortization	N/A	$2.0M0.0%	$2.0M0.0%	$2.0M-20.0%	$2.5M+4.2%	$2.4M+20.0%	$2.0M-13.0%	$2.3M-30.3%	$3.3M+50.0%	$2.2M	N/A	N/A	N/A	N/A	N/A	N/A
Stock-Based Compensation	N/A	$2.9M+208.9%	$940K+32.0%	$712K+80.3%	$395K-47.1%	$747K-51.6%	$1.5M+257.2%	$432K+54.3%	$280K+11.6%	$251K-3.5%	$260K-21.5%	$331K+4.4%	$317K+11.6%	$284K+45.6%	$195K+16.8%	$167K
Capital Expenditures	N/A	$1.7M+45.2%	$1.2M-37.9%	$1.9M+90.1%	$1.0M-58.8%	$2.5M+127.0%	$1.1M-1.7%	$1.1M-44.2%	$2.0M+38.5%	$1.4M+896.5%	$143K-53.4%	$307K-65.8%	$897K+105.3%	$437K-44.9%	$793K+51.9%	$522K
Free Cash Flow	N/A	$9.0M-50.7%	$18.3M-31.8%	$26.9M+135.5%	$11.4M-54.6%	$25.2M-12.0%	$28.6M-19.9%	$35.7M-9.6%	$39.5M+70.4%	$23.2M+29.5%	$17.9M+50.1%	$11.9M+12.5%	$10.6M+95.7%	$5.4M-46.1%	$10.0M-20.5%	$12.6M
Investing Cash Flow	-$238.8M	-$158.2M-246.1%	$108.3M+134.6%	-$312.8M+49.3%	-$616.9M	N/A	-$204.3M-3970.8%	-$5.0M+94.6%	-$93.7M-51.1%	-$62.0M+35.1%	-$95.6M+24.8%	-$127.0M	N/A	N/A	N/A	N/A
Financing Cash Flow	$364.2M	$226.6M+260.8%	-$140.9M-149.7%	$283.6M+86.5%	$152.1M-48.6%	$296.2M-12.6%	$338.9M+1292.0%	-$28.4M-151.3%	$55.4M+257.7%	$15.5M-83.6%	$94.6M-11.4%	$106.8M	N/A	N/A	N/A	N/A
Dividends Paid	$10.0M	$9.9M-0.2%	$9.9M+0.2%	$9.9M+0.2%	$9.9M+0.5%	$9.8M+0.7%	$9.7M+12.0%	$8.7M+13.0%	$7.7M+32.6%	$5.8M+47.9%	$3.9M-38.3%	$6.4M-12.2%	$7.2M+149.8%	$2.9M+2.0%	$2.8M	N/A
Share Buybacks	N/A	$807K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$721K	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	-$5.7M+86.1%	-$54.4M-258.1%	$28.7M+176.0%	-$11.4M-288.0%	-$41.0M-178.4%	$34.4M+3664.0%	-$37.8M-157.8%	$6.1M+751.0%
Stock-Based Compensation	N/A	$113K+264.5%	N/A	N/A	N/A	$31K-86.3%	N/A	N/A
Capital Expenditures	$298K	$204K	N/A	N/A	N/A	N/A	$1.2M+130.1%	$0
Free Cash Flow	-$6.0M	-$54.6M	N/A	N/A	N/A	N/A	-$39.0M-160.1%	$6.1M+751.0%
Investing Cash Flow	-$68.4M+26.1%	-$132.0M-383.6%	$55.3M-83.2%	-$93.6M-104.2%	-$92.6M+37.2%	-$27.3M-3.7%	$328.0M+428.8%	-$45.8M-515.9%
Financing Cash Flow	$91.0M-46.6%	$202.7M+1493.3%	-$4.3M+98.6%	$74.8M+48.2%	$170.6M+133.3%	-$14.5M-137.8%	-$302.9M-1784.2%	$50.5M+395.3%
Dividends Paid	$2.5M+0.3%	$2.6M+3.5%	$2.5M-0.3%	$2.5M-0.4%	$2.5M+0.1%	$2.5M-0.2%	$2.5M+0.1%	$2.5M+0.2%
Share Buybacks	N/A	N/A	$0	$0	N/A	N/A	N/A	$0

Not reported in any period shown, so not listed: Depreciation & Amortization.

FRST Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FRST quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Net Margin	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%-21.6pp	21.6%-13.3pp	34.9%+1.6pp	33.3%+30.0pp	3.3%-20.6pp	23.9%+0.9pp	23.0%+2.1pp	20.9%+1.5pp	19.4%+1.8pp	17.6%+2.8pp	14.8%
Return on Equity	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%-5.9pp	5.9%-2.9pp	8.8%-0.9pp	9.7%+8.9pp	0.8%-7.4pp	8.2%+0.4pp	7.8%+1.2pp	6.6%+0.7pp	5.9%-0.5pp	6.4%+1.9pp	4.4%
Return on Assets	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%-0.7pp	0.7%-0.5pp	1.2%0.0pp	1.3%+1.2pp	0.1%-0.8pp	0.9%0.0pp	0.9%+0.1pp	0.8%0.0pp	0.9%0.0pp	0.9%+0.2pp	0.7%
Debt-to-Equity	8.57-0.9x	9.45+0.3x	9.20+1.0x	8.17+0.9x	7.31+0.4x	6.94+0.7x	6.22-0.5x	6.76-0.3x	7.10-0.9x	8.04+0.4x	7.66+0.6x	7.04+1.3x	5.72-0.3x	6.02+0.8x	5.17
Asset Turnover	0.060.0x	0.040.0x	0.040.0x	0.030.0x	0.030.0x	0.030.0x	0.030.0x	0.040.0x	0.030.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.050.0x	0.05
FCF Margin	4.0%-8.4pp	12.4%-6.2pp	18.7%+9.2pp	9.5%-14.4pp	23.9%-3.0pp	26.9%-10.6pp	37.5%-1.4pp	39.0%+7.4pp	31.6%-9.9pp	41.4%+12.0pp	29.5%-0.1pp	29.6%+12.8pp	16.8%-10.1pp	26.9%-15.5pp	42.4%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Net Margin	16.9%+11.3pp	16.0%-22.5pp	-39.4%-20.9pp	16.7%+13.4pp	5.6%-4.0pp	38.6%+31.6pp	-18.4%-17.4pp	3.3%+21.0pp
Return on Equity	2.2%+1.5pp	1.7%-4.3pp	-7.5%-5.5pp	1.8%+1.5pp	0.7%-0.3pp	6.0%+5.4pp	-2.0%-1.9pp	0.3%+1.9pp
Return on Assets	0.2%+0.2pp	0.2%-0.4pp	-0.8%-0.6pp	0.2%+0.1pp	0.1%0.0pp	0.6%+0.6pp	-0.2%-0.2pp	0.0%+0.2pp
Debt-to-Equity	9.04-0.3x	8.96+0.1x	8.57-0.9x	9.35-0.2x	9.29-0.2x	8.84-0.5x	9.45+0.3x	9.52+0.4x
Asset Turnover	0.010.0x	0.010.0x	0.020.0x	0.010.0x	0.010.0x	0.020.0x	0.010.0x	0.010.0x
FCF Margin	-10.8%	-119.6%	N/A	N/A	N/A	N/A	-100.6%	16.2%+19.0pp

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Primis Financial Corp. FRST	FY2025	$223.8M	$61K	0.0%	$381.2M	28/100
Waterstone Financial, Inc. WSBF	FY2025	$141.9M	$26.4M	18.6%	$354.3M	47/100
Northeast Community Bancorp, Inc. NECB	FY2025	$104.8M	$44.4M	42.4%	$380.5M	55/100
Parke Bancorp Inc. PKBK	FY2025	$79.9M	$37.8M	47.3%	$382.1M	73/100
Fidelity D & D Bancorp, Inc. FDBC	FY2025	$93.2M	$28.2M	30.3%	$326.1M	40/100
FinWise Bancorp FINW	FY2025	$130.7M	$16.1M	12.3%	$152.0M	64/100

Where Primis Financial Corp. Ranks

Frequently Asked Questions

What is Primis Financial Corp.'s annual revenue?

Primis Financial Corp. (FRST) reported $223.8M in total revenue for fiscal year 2025. This represents a 51.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Primis Financial Corp.'s revenue growing?

Primis Financial Corp. (FRST) revenue grew by 51.9% year-over-year, from $147.4M to $223.8M in fiscal year 2025.

Is Primis Financial Corp. profitable?

Yes, Primis Financial Corp. (FRST) reported a net income of $61K in fiscal year 2025, with a net profit margin of 0.0%.

What is Primis Financial Corp.'s net profit margin?

Primis Financial Corp. (FRST) had a net profit margin of 0.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Primis Financial Corp. pay dividends?

Yes, Primis Financial Corp. (FRST) paid $0.40 per share in dividends during fiscal year 2025.

What is Primis Financial Corp.'s return on equity (ROE)?

Primis Financial Corp. (FRST) has a return on equity of 0.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Primis Financial Corp.'s free cash flow?

Primis Financial Corp. (FRST) generated $9.0M in free cash flow during fiscal year 2025. This represents a -50.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Primis Financial Corp.'s operating cash flow?

Primis Financial Corp. (FRST) generated $10.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Primis Financial Corp.'s total assets?

Primis Financial Corp. (FRST) had $4.0B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Primis Financial Corp.'s capital expenditures?

Primis Financial Corp. (FRST) invested $1.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Primis Financial Corp. buy back shares?

Yes, Primis Financial Corp. (FRST) spent $807K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Primis Financial Corp. have outstanding?

Primis Financial Corp. (FRST) had 25M shares outstanding as of fiscal year 2025.

What is Primis Financial Corp.'s debt-to-equity ratio?

Primis Financial Corp. (FRST) had a debt-to-equity ratio of 8.57 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Primis Financial Corp.'s return on assets (ROA)?

Primis Financial Corp. (FRST) had a return on assets of 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Primis Financial Corp.'s P/E ratio?

Primis Financial Corp. (FRST) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $381.2M as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Primis Financial Corp.'s price-to-sales ratio?

Primis Financial Corp. (FRST) trades at 1.7x sales, its market capitalization divided by revenue of $223.3M revenue, trailing 12 months to June 30, 2026. The market capitalization is $381.2M as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Primis Financial Corp.'s Piotroski F-Score?

Primis Financial Corp. (FRST) has a Piotroski F-Score of 6 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Primis Financial Corp.'s earnings high quality?

Primis Financial Corp. (FRST) reported $61K of net income while generating $10.8M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Primis Financial Corp.?

Primis Financial Corp. (FRST) scores 28 out of 100 on our Financial Health Score, indicating weak standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.