FRSTNasdaqState Commercial BanksFiscal year ends December 31
Primis Financial Corp.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$15.40−0.07 (-0.45%)
Close on Oct 19, 2026
- Market cap
- $381.74M
- P/E (TTM)
- 7.1
- Dividend yield
- 2.60%
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
27.5%+5.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +51.9% | +23.1% | +16.1% | +18.7% | |
| Net income | – | +63.2% | +21.7% | +20.8% | |
| EPS, diluted | – | +63.5% | +21.0% | +12.7% | |
| Free cash flow | -50.7% | -7.5% | -20.1% | -2.7% | |
| Dividend per share | 0.0% | 0.0% | 0.0% | +2.3% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 8.4% | 6.0% | 15.9% | |
| Return on assets | 0.9% | 0.8% | 1.6% | |
| Capex to revenue | 0.3% | 1.0% | 0.8% | |
| Diluted shares | 12M | 24M | 25M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Primis Financial generated $99.16M from operations and spent $58.43M on capital expenditure, dividends and share buybacks. 14% of that went back into the business.
Generated
$99.16M
Used
$58.43M
Capital expenditure$8.32M14%Dividends$49.30M84%Share buybacks$807.00K1%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin27.5%
×Asset turnover0.06×
×Equity multiplier9.99×
=Return on equity, FY202515.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 27.5% | 0.06× | 9.99× | 15.9% |
| FY2024 | -11.0% | 0.04× | 10.37× | -4.5% |
| FY2023 | -5.4% | 0.04× | 9.70× | -2.0% |
| FY2022 | 11.8% | 0.03× | 8.73× | 3.5% |
| FY2021 | 29.6% | 0.03× | 8.13× | 7.8% |
| FY2020 | 21.6% | 0.04× | 7.59× | 6.0% |
| FY2019 | 34.9% | 0.04× | 7.48× | 9.1% |
| FY2018 | 33.3% | 0.04× | 7.92× | 10.0% |
| FY2017 | 3.3% | 0.04× | 8.36× | 1.1% |
| FY2016 | 23.9% | 0.04× | 8.86× | 8.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$61.44M
- Cash generatingOperating cash flow above zero$10.77M
- Return on assets improvedROA up on the prior year-0.4% → 1.7%
- Earnings backed by cashOperating cash flow above net income$10.77M vs $61.44M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise25M → 25M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.04 → 0.06