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.
infoPrimis Financial is a micro cap stock with a total market cap of 218.97M.
infoThey trade on the NASDAQ and had their IPO 16 years and 9 months ago.
infoPrimis Financial currently employs 565 people.
infoAs of Wednesday, Aug 23 2023, Primis Financial’s share price is $8.87.
News Relating to Primis Financial
Zacks Investment Research
Compared to Estimates, Primis Financial (FRST) Q2 Earnings: A Look at Key Metrics
Thursday Jul 27 2023 at 20:43
The headline numbers for Primis Financial (FRST) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Zacks Investment Research
Primis Financial (FRST) Q2 Earnings and Revenues Miss Estimates
Thursday Jul 27 2023 at 19:58
Primis Financial (FRST) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.24 per share a year ago.
PRNewsWire
Primis Financial Corp. Announces Date for Second Quarter 2023 Earnings Release and Conference Call
Monday Jul 10 2023 at 13:32
MCLEAN, Va. , July 10, 2023 /PRNewswire/ — Primis Financial Corp. (NASDAQ: FRST) (the “Company”) today announced that it will release second quarter 2023 results after the market closes on Thursday, July 27, 2023.
Seeking Alpha
Primis Financial Corp. (FRST) Q1 2023 Earnings Call Transcript
Friday Apr 28 2023 at 12:12
Primis Financial Corp. (FRST) Q1 2023 Earnings Call Transcript.
Zacks Investment Research
Primis Financial (FRST) Misses Q1 Earnings Estimates
Thursday Apr 27 2023 at 20:29
Primis Financial (FRST) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.19 per share a year ago.
PRNewsWire
Primis Financial Corp. Announces Date for First Quarter 2023 Earnings Release and Conference Call
Friday Apr 14 2023 at 16:30
MCLEAN, Va. , April 14, 2023 /PRNewswire/ — Primis Financial Corp. (NASDAQ: FRST) (the “Company”) today announced that it will release first quarter 2023 results after the market closes on Thursday, April 27, 2023.
Seeking Alpha
Primis Financial Corp. (FRST) Q4 2022 Earnings Call Transcript
Friday Jan 27 2023 at 12:19
Primis Financial Corp. (NASDAQ:FRST ) Q4 2022 Earnings Conference Call January 27, 2023 10:00 AM ET Company Participants Matthew Switzer – Executive Vice President and Chief Financial Officer Dennis Zember – President and Chief Executive Officer Conference Call Participants Casey Whitman – Piper Sandler Christopher Marinac – Janney Montgomery Scott Operator Hello and thank you for standing by. My name is Regina and I will be your conference operator today.
Zacks Investment Research
Primis Financial (FRST) Q4 Earnings Miss Estimates
Thursday Jan 26 2023 at 20:19
Primis Financial (FRST) delivered earnings and revenue surprises of -89.66% and 19.52%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Zacks Investment Research
Is the Options Market Predicting a Spike in Primis Financial (FRST) Stock?
Thursday Jan 19 2023 at 09:47
Investors need to pay close attention to Primis Financial (FRST) stock based on the movements in the options market lately.
PRNewsWire
Primis Financial Corp. Announces Date for Fourth Quarter 2022 Earnings Release and Conference Call
Friday Jan 13 2023 at 18:08
MCLEAN, Va., Jan. 13, 2023 /PRNewswire/ — Primis Financial Corp. (NASDAQ: FRST) (the “Company”) today announced that it will release fourth quarter 2022 results after the market closes on Thursday, January 26, 2023.
Seeking Alpha
Primis Financial Corp. (FRST) Q3 2022 Earnings Call Transcript
Friday Oct 28 2022 at 19:13
Primis Financial Corp. (NASDAQ:FRST ) Q3 2022 Results Conference Call October 28, 2022 10:00 AM ET Company Participants Matthew Switzer – Chief Financial Officer Dennis Zember – President and CEO Conference Call Participants Freddie Strickland – Janney Montgomery Scott Operator Good day and welcome to today’s Primis Financial Corporation Third Quarter Earnings Call. All lines have been placed on mute to prevent any background noise.
PRNewsWire
Primis Financial Corp. Announces Date for Third Quarter 2022 Earnings Release and Conference Call
Friday Oct 07 2022 at 17:00
MCLEAN, Va. , Oct. 7, 2022 /PRNewswire/ — Primis Financial Corp. (NASDAQ: FRST) (the “Company”) today announced that it will release third quarter 2022 results after the market closes on Thursday, October 27, 2022.
Zacks Investment Research
Down 7.2% in 4 Weeks, Here’s Why You Should You Buy the Dip in Primis Financial (FRST)
Wednesday Sep 07 2022 at 11:17
Primis Financial (FRST) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Seeking Alpha
Primis Financial Corp. (FRST) CEO Dennis Zember on Q2 2022 Results – Earnings Call Transcript
Sunday Jul 31 2022 at 10:24
Primis Financial Corp. (NASDAQ:FRST ) Q2 2022 Earnings Conference Call July 29, 2022 10:00 AM ET Company Participants Matt Switzer – CFO Dennis Zember – President and CEO Conference Call Participants Andrew Terrell – Stephens Christopher Marinac – Janney Montgomery Scott Operator Good day, and welcome to the Primis Financial Corp. 2022 Second Quarter Earnings Call. All participants will be in listen-only mode.
PRNewsWire
Primis Financial Corp. Announces Date for Second Quarter 2022 Earnings Release and Conference Call
Monday Jul 11 2022 at 16:30
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, July 28, 2022.
Zacks Investment Research
Strength Seen in Primis Financial (FRST): Can Its 5.8% Jump Turn into More Strength?
Monday Jun 27 2022 at 07:42
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.
Seeking Alpha
Primis Financial Corp. (FRST) CEO Dennis Zember on Q1 2022 Results – Earnings Call Transcript
Friday Apr 29 2022 at 15:44
Primis Financial Corp. (NASDAQ:FRST ) Q1 2022 Earnings Conference Call April 29, 2022 10:00 AM ET Company Participants Matt Switzer – CFO Dennis Zember – President and CEO Conference Call Participants Casey Whitman – Piper Sandler Feddie Strickland – Janney Montgomery Scott Broderick Preston – Stephens Inc. Operator Good day, and welcome to the Primis Financial Corporation First Quarter Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.
PRNewsWire
Primis Financial Corp. Announces Date for First Quarter 2022 Earnings Release and Conference Call
Monday Apr 18 2022 at 16:30
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, April 28, 2022.
Zacks Investment Research
How Much Upside is Left in Primis Financial (FRST)? Wall Street Analysts Think 25%
Tuesday Apr 05 2022 at 12:03
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 positive trend in earnings estimate revisions might translate into an upside in the stock.
GuruFocus
5 Stocks Insiders Are Charging Up for Spring
Friday Mar 18 2022 at 17:20
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 Group Holdings Ltd. ( JRVR , Financial), Reservor Media Inc. ( RSVR , Financial), Utz Brands Inc. ( UTZ , Financial) and Inotiv Inc. ( NOTV , Financial).
Seeking Alpha
Primis Financial Corp. (FRST) CEO Dennis Zember on Q4 2021 Results – Earnings Call Transcript
Friday Jan 28 2022 at 13:28
Primis Financial Corp. (FRST) CEO Dennis Zember on Q4 2021 Results – Earnings Call Transcript
Zacks Investment Research
Primis Financial (FRST) Q4 Earnings and Revenues Surpass Estimates
Thursday Jan 27 2022 at 20:46
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?
PRNewsWire
Primis Financial Corp. Announces Date for Fourth Quarter 2021 Earnings Release and Conference Call
Tuesday Jan 11 2022 at 17:09
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, January 27, 2022.
Seeking Alpha
Primis Financial Corp. (FRST) CEO Dennis Zember on Q3 2021 Results – Earnings Call Transcript
Friday Oct 29 2021 at 14:55
Primis Financial Corp. (FRST) CEO Dennis Zember on Q3 2021 Results – Earnings Call Transcript
Zacks Investment Research
Primis Financial (FRST) Meets Q3 Earnings Estimates
Thursday Oct 28 2021 at 19:51
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?
PRNewsWire
Primis Financial Corp. Announces Date for Third Quarter 2021 Earnings Release and Conference Call
Thursday Oct 14 2021 at 16:15
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, October 28, 2021.
PRNewsWire
Panacea Financial Joins the American Academy of Orthopaedic Surgeons’ (AAOS) Member Advantage Program
Friday Sep 10 2021 at 08:00
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 their training and practice, has joined the American Association of Orthopaedic Surgeons’ (AAOS) Member Advantage Program, an exclusive AAOS member-only program that offers a wide range of discounts and member savings on the most reliable and relevant products and services.
Seeking Alpha
Primis Financial Corp. (FRST) CEO Dennis Zember on Q2 2021 Results – Earnings Call Transcript
Sunday Aug 01 2021 at 05:34
Primis Financial Corp. (FRST) CEO Dennis Zember on Q2 2021 Results – Earnings Call Transcript
PRNewsWire
Primis Financial Corp. Reports Diluted Earnings per Share of $0.42 for the Second Quarter of 2021
Thursday Jul 29 2021 at 16:30
MCLEAN, Va., July 29, 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 $10.3 million for the quarter ended June 30, 2021, compared to $9.4 million for the quarter ended March 31, 2021.
PRNewsWire
Panacea Financial Announces Launch of Panacea Practice Solutions
Tuesday Jul 27 2021 at 08:00
LITTLE ROCK, Ark., July 27, 2021 /PRNewswire/ — Panacea Financial (Panacea), a division of Primis that provides financial services for doctors-in-training and practicing doctors, today announced the launch of Panacea Practice Solutions (“PPS”) as the commercial division of Panacea.
Primis Financial Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
Learn more at Investopediaopen_in_new
Primis Financial’s Altman Z-score is 1.55 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Primis Financial Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
Learn more at Investopediaopen_in_new
Over the last 3 months, 1 insider has bought $31.06K of common stock in Primis Financial on the stock market with no insider selling.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
Learn more at WallStreetPrepopen_in_new
Primis Financial’s Income Quality of -0.77 is lower than its Industry Group of 1.3 (-159.2% lower)
Primis Financial’s Income Quality of -0.77 is lower than its Major Industry Group of 1.32 (-158.3% lower)
Primis Financial’s Income Quality of -0.77 is lower than its Sector of 0.58 (-232.8% lower)
Derived from SEC.GOV filing dataopen_in_new
Data is unavailable for Current Ratio
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
Learn more at Investopediaopen_in_new
Primis Financial’s PE Ratio of 15.95 is greater than its Industry Group of 7.82 (104.0% greater)
Primis Financial’s PE Ratio of 15.95 is greater than its Major Industry Group of 8.01 (99.1% greater)
Primis Financial’s PE Ratio of 15.95 is greater than its Sector of 7.86 (102.9% greater)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
Learn more at Investopediaopen_in_new
Primis Financial’s PB Ratio of 0.06 is lower than its Industry Group of 0.58 (-89.7% lower)
Primis Financial’s PB Ratio of 0.06 is lower than its Major Industry Group of 0.36 (-83.3% lower)
Primis Financial’s PB Ratio of 0.06 is lower than its Sector of 0.72 (-91.7% lower)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
Learn more at Investopediaopen_in_new
Cannot compute a percentage difference when there are zeros in the calculation
Cannot compute a percentage difference when there are zeros in the calculation
Cannot compute a percentage difference when there are zeros in the calculation
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
Primis Financial’s ROCE of 0.01 is lower than its Industry Group of 0.02 (-50.0% lower)
Primis Financial’s ROCE of 0.01 is lower than its Major Industry Group of 0.02 (-50.0% lower)
Primis Financial’s ROCE of 0.01 is lower than its Sector of 0.02 (-50.0% lower)
Derived from SEC.GOV filing dataopen_in_new