FRSTPrimis Financial Corp. shows a mixed investment profile. Fundamentally, the bank exhibits some strengths in its balance sheet and revenue growth historically, but recent profitability has been negative. Technically, indicators are mixed, suggesting potential for volatility. Thematic exposure is limited for this financial institution.
As a regional bank, Primis Financial Corp. has limited direct exposure to major technology or growth themes. Its business model is tied to interest rate environments and regional economic health rather than disruptive technological trends.
Primis Financial Corp. has a solid balance sheet with a decreasing debt-to-equity ratio. While revenue has shown growth historically, recent periods show negative net income and margins, indicating profitability challenges. The P/S ratio is relatively stable, but the P/E ratio is extremely high due to losses.
The stock is trading within its 52-week range, with mixed signals from moving averages and oscillators. The recent price performance is moderately positive, but key technical indicators suggest a lack of strong momentum in either direction.
| Factor | Score |
|---|---|
| Artificial Intelligence Adoption | 10 |
| ESG & Sustainability | 50 |
| Market Leadership & Dominance | 30 |
| Innovation Pipeline | 40 |
| Regulatory Environment | 40 |
| Factor | Score |
|---|---|
| Valuation | 30 |
| Valuation | 50 |
| Profitability | 10 |
| Profitability | 70 |
| Growth | 60 |
| Balance Sheet Health | 75 |
| Cash Flow | 20 |
| Cash Flow | 70 |
| Factor | Score |
|---|---|
| Trend Analysis | 40 |
| Trend Analysis | 70 |
| Momentum | 50 |
| Volume Confirmation | 50 |
| Support & Resistance | 60 |
| Performance | 70 |
| Performance | 30 |
Favorable P/E Ratio
The trailing Price-to-Earnings (P/E) ratio of 73.09 is high, but the P/E for 2024 is -17.4 and for 2023 is -36.9, suggesting a potential turnaround or significant growth expectations. The P/E for 2022 was 20.4, which was more reasonable.
Positive Short-Term Performance
The stock has shown positive performance over the last 1 month (8.79%) and year-to-date (4.34%), indicating recent investor interest and positive momentum.
High Trailing P/E Ratio
The trailing Price-to-Earnings (P/E) ratio of 73.09 is very high, and the P/E for the last twelve months (TTM) is 546.6, indicating a potentially overvalued stock based on current earnings.
Recent Net Losses
The company reported net losses in 2023 (-$7,832,000) and 2024 (-$16,205,000), with a significant net loss in Q4 2024 (-$23,335,000), raising concerns about current profitability.
May 2025
14
Ex-Dividend Date
May 2025
28
Next Dividend Date
October 2025
24
Next Earnings Date
H: $0.18
A: $0.18
L: $0.18
H: 30.04M
A: 30.04M
L: 30.04M
Primis Financial Corp. operates as the bank holding company for Primis Bank that provides various financial services to individuals, and small and medium sized businesses in the United States. The company offers deposit products, including checking, NOW, savings, and money market accounts, as well as certificates of deposits; and commercial deposit products comprising investment/sweep accounts, wire transfer services, employer services/payroll processing services, zero balance accounts, night depository services, depository transfers, merchant services, ACH originations, business debit cards, controlled disbursement accounts, and remote deposit capture services. It also provides commercial lending products, such as loans consist of lines of credit, revolving credit facilities, demand loans, term loans, equipment loans, SBA loans, stand-by letters of credit, and unsecured loans; loans for permanent financing; construction loans for commercial, multi-family, assisted living and other non-residential properties, and builder/developer lines; second asset based lending; SBA lending; financing for medical, dental, and veterinary businesses; and warehouse lending lines of credit to residential mortgage originators. In addition, the company provides consumer lending products comprising residential mortgage, home equity lines of credit, secured and unsecured personal loans, life insurance premium financing, and Panacea consumer loans. Further, it offers debit cards, ATM services, notary services, and mobile and online banking. The company was formerly known as Southern National Bancorp of Virginia, Inc. and changed its name to Primis Financial Corp. Primis Financial Corp. was founded in 2004 and is headquartered in McLean, Virginia.
13.38 USD
The 39 analysts offering 1 year price forecasts for FRST have a max estimate of 14.00 and a min estimate of 12.75.