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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

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Home›Stocks›FRST

FRST

Primis Financial Corp.

Next earnings Jul 22, 2026 · consensus $0.38 EPS, $35.2M rev

Last earnings +0.4% on 2026-04-23

Sell
$16.65
▲ +5.71%
$16.65▲ +65.70%
over 1Y
L $9.37EODHDH $16.65
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+5.7%
1W+7.6%
1M+14.4%
3M+28.3%
YTD+29.4%
1Y+65.7%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Sell
Quality
A
Valuation
Undervalued
Filings
Watch
Sell
Conviction
Horizon
Medium (3–12mo)
Street · 9 analysts
Buy

Mixed signals in the latest filings.

Return on equity 14.5% · latest

The read

It screens cheap (~468% below fair value), but the weak fundamentals are why — more potential value trap than bargain.

Primis Financial Corp. shows limited reported revenue, and 14.5% ROE.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue—————
Gross profit—————
Operating income—————
Net income$31.1M$14.1M-$7.83M-$16.2M$61.4M
Diluted EPS—$0.57-$0.32-$0.66$2.49
Net margin—————

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF45.5
PEG (trailing)0.01
Earnings yield14.9%
FCF yield2.2%

Quality & risk

ROIC (est.)—
Free cash flow$9.03M
Total debt—
Net cash$144M

Capital returns

Buyback yield0.2%
Dividend yield (est.)2.4%
Shareholder yield2.6%
Shares Δ YoY-0.1%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Some governance/structural items recently, but no outright red flags.
  1. S-3 Shelf registration (potential raise)2026-06-25
  2. 8-K Officer / director change2026-05-27
  3. 10-Q Quarterly report2026-05-08
  4. 8-K Earnings results2026-04-23
  5. DEF 14A Proxy statement2026-04-10
  6. 10-K Annual report2026-03-16
  7. 8-K Earnings results2026-01-29
  8. 8-K Other event2025-12-18
  9. 8-K Material agreement2025-12-08

Recent filings

all on EDGAR ↗
11-KPeriod ending 2025-12-312026-06-26open ↗S-3Filing2026-06-25open ↗4Period ending 2026-06-112026-06-12open ↗4Period ending 2026-06-092026-06-11open ↗4Period ending 2026-06-082026-06-09open ↗4Period ending 2026-06-012026-06-08open ↗4Period ending 2026-06-032026-06-04open ↗4Period ending 2026-06-032026-06-03open ↗4Period ending 2026-06-012026-06-02open ↗3Period ending 2026-05-212026-06-01open ↗4Period ending 2026-05-222026-06-01open ↗3Period ending 2026-05-212026-05-29open ↗

Quality score

A
ValueGrowthProfitHealthMom.
ValueA+
GrowthA+
ProfitabilityB+
Financial healthA-
Momentum—
  • ✓Profitable (positive net income)
  • ✗Return on equity above 15%
  • ✓P/E below 25

Fair value est.

$94.62

Undervalued +468% vs price

cheapfair valueexpensive

Modified Graham: EPS $2.49 × (8.5 + 1.5 × 22.0% growth) × 1.00 quality = 38.0× multiple. An estimate, not a price target.

Revenue
—
Net margin
—
ROE
14.5%
P/E
6.7

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Net income$61.4M+479.2%
Diluted EPS$2.49+477.3%
Cash & equivalents$144M+122.6%
Total assets$4.05B+9.7%
Total liabilities$3.62B+9.0%
Stockholders' equity$423M+20.2%
L/E: 8.57x

Frequently asked

Is Primis Financial Corp. (FRST) a buy?
FRST currently carries a Sell rating with 2/5 conviction, derived from its latest SEC filings. Mixed signals in the latest filings.
What is FRST's fair value?
A Modified-Graham model based on FRST's SEC fundamentals estimates a fair value of about $94.62. It is an estimate from reported earnings, not a price target.
Is FRST overvalued or undervalued?
Against a Modified-Graham fair-value estimate, FRST currently appears undervalued relative to its SEC-grounded earnings power.
What is Primis Financial Corp.'s quality score?
FRST scores 85.88235294117646/100 (grade A) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0001325670, latest 10-Q filed 2026-05-08) · EODHD · as of 6/26/2026, 7:36:45 PM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC

Last 90 days: 16 open-market buys · 0 sales

2026-06-11
Saunders Jason Brock
Director
Buy500.00 @ $15.20$7.60K
2026-06-09
GARRETT F L III
Director
Buy155.00 @ $15.24$2.36K
2026-06-08
GARRETT F L III
Director
Buy250.00 @ $15.03$3.76K
2026-06-05
GARRETT F L III
Director
Buy125.00 @ $15.00$1.88K
2026-06-04
GARRETT F L III
Director
Buy125.00 @ $14.75$1.84K
2026-06-03
GARRETT F L III
Director
Buy450.00 @ $14.50$6.53K
2026-06-03
Gamble Scott R
Director
Buy1.71K @ $14.59$25.0K
2026-06-03
Sharma Anurag
EVP, Chief Information Officer
Buy694.20 @ $14.40$10.00K
2026-06-02
GARRETT F L III
Director
Buy250.00 @ $14.75$3.69K
2026-06-01
GARRETT F L III
Director
Buy350.00 @ $14.30$5.00K
2026-06-01
Gamble Scott R
Director
Buy1.39K @ $14.39$20.0K
2026-05-29
GARRETT F L III
Director
Buy250.00 @ $14.40$3.60K

Dividends

Quarterly
Yield (TTM)
2.4%
Annual / share
$0.40
Last ex-date
2026-05-08
Last amount
$0.10
ex 2026-05-08paid 2026-05-22$0.10
ex 2026-02-13paid 2026-02-27$0.10
ex 2025-11-07paid 2025-11-21$0.10
ex 2025-08-08paid 2025-08-22$0.10
ex 2025-05-14paid 2025-05-28$0.10
ex 2025-02-12paid 2025-02-26$0.10

Source: EODHD. Yield = trailing-12-month dividends ÷ price.

Earnings history

beat/miss · move
2026-04-23Beat +14.2% est▲ +0.36%8-K ↗
2026-01-29Miss -91.2% est▲ +2.41%8-K ↗
2025-10-23Beat +23.3% est▼ -1.72%8-K ↗
2025-07-24Miss -49.8% est▼ -3.39%8-K ↗
2025-04-29—▼ -0.71%8-K ↗
2025-01-28—▼ -1.38%8-K ↗

Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.

Recent news

market news →
Primis Financial Q1 Earnings Call HighlightsBullish
finance.yahoo.com· 2026-04-27
Primis (FRST) Q1 2026 Earnings Call TranscriptBullish
nasdaq.com· 2026-04-24
Primis (FRST) Q1 2026 Earnings Call TranscriptBullish
finance.yahoo.com· 2026-04-24
Primis Financial (FRST) Beats Q1 Earnings and Revenue EstimatesBullish
finance.yahoo.com· 2026-04-23
Primis Financial (FRST) Earnings Expected to Grow: Should You Buy?Bullish
finance.yahoo.com· 2026-04-16
What Investors Should Know About This $5 Million Mechanics Bancorp Stock SaleBullish
nasdaq.com· 2026-02-20

Vs tracked universe

compare →

1044 tracked peers · median

EDGAR Score86 vs 67
Revenue growth— vs 7.1%
Net margin— vs 10.5%
Return on equity14.5% vs 12.3%
P/E6.7 vs 25.5