NASDAQ: FRST
Primis Financial Corp Stock

$12.36-0.16 (-1.28%)
Updated Dec 12, 2024
FRST Price
$12.36
Fair Value Price
$7.28
Market Cap
$305.57M
52 Week Low
$9.52
52 Week High
$13.69
P/E
-103x
P/B
0.8x
P/S
2.94x
PEG
N/A
Dividend Yield
0.81%
Revenue
$102.40M
Earnings
-$2.90M
Gross Margin
100%
Operating Margin
-5.4%
Profit Margin
-2.8%
Debt to Equity
9.52
Operating Cash Flow
$96M
Beta
1.04
Next Earnings
Jan 23, 2025
Ex-Dividend
N/A
Next Dividend
N/A

FRST Overview

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. Its deposit products include checking, NOW, savings, and money market accounts, as well as certificates of deposits. The company also offers commercial business and real estate, construction, secured asset based, small business administration, mortgage warehouse lending products, as well as financing for medical, dental, and veterinary businesses; residential mortgage, trust mortgage, home equity lines of credit, secured and unsecured personal, and consumer loans, as well as life insurance premium financing and demand loans. It also offers cash management services comprising investment/sweep, zero balance, and controlled disbursement accounts; and wire transfer, employer/payroll processing, night depository, depository transfer, merchant, ACH origination, and remote deposit capture services. In addition, the company provides debit cards, ATM services, notary services, and mobile and online banking. As of December 31, 2021, it operated forty full-service branches in Virginia and Maryland. 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 based in McLean, Virginia.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine FRST's potential to beat the market

CHold
  • Stocks with a Zen Rating of Hold (C) had an average return of +7.53% per year. Learn More

Zen Rating Component Grades

D
Value
C
Growth
C
Momentum
C
Sentiment
C
Safety
D
Financials
B
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Bank

Industry Rating
D
FRST
Ranked
#140 of 334

Top Ranked Stocks in Industry

View Top Bank Stocks

Be the first to know about important FRST news, forecast changes, insider trades & much more!

FRST News

Overview

Due Diligence Score

Industry Average (32)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how FRST scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

FRST ($12.36) is overvalued by 69.82% relative to our estimate of its Fair Value price of $7.28 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
FRST ($12.36) is not significantly undervalued (69.82%) relative to our estimate of its Fair Value price of $7.28 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
FRST is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more FRST due diligence checks available for Premium users.

Valuation

FRST fair value

Fair Value of FRST stock based on Discounted Cash Flow (DCF)

Price
$12.36
Fair Value
$7.28
Overvalued by
69.82%
FRST ($12.36) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
FRST ($12.36) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
FRST is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

FRST price to earnings (PE)

For valuing profitable companies with steady earnings

Company
-103x
Industry
35.27x
Market
29.87x

FRST price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
0.8x
Industry
1.16x
FRST is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

FRST's financial health

Profit margin

Revenue
$29.8M
Net Income
$1.2M
Profit Margin
4.1%
FRST's Earnings (EBIT) of -$5.53M... subscribe to Premium to read more.
Interest Coverage Financials
FRST's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$4.0B
Liabilities
$3.6B
Debt to equity
9.52
FRST's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
FRST's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$4.5M
Investing
-$44.2M
Financing
$50.5M
FRST's operating cash flow ($95.82M)... subscribe to Premium to read more.
Debt Coverage Financials

FRST vs Bank Stocks

TickerZen RatingMarket Cap1d %P/EP/B
FRSTC$305.57M-1.28%-103.00x0.80x
CBANC$304.97M-1.36%13.92x1.10x
PBFSC$304.67M-1.18%16.07x1.00x
PCBC$306.73M-2.23%12.72x0.85x
CZNCB$307.82M-1.33%13.87x1.11x

Primis Financial Stock FAQ

What is Primis Financial's quote symbol?

(NASDAQ: FRST) Primis Financial trades on the NASDAQ under the ticker symbol FRST. Primis Financial stock quotes can also be displayed as NASDAQ: FRST.

If you're new to stock investing, here's how to buy Primis Financial stock.

What is the 52 week high and low for Primis Financial (NASDAQ: FRST)?

(NASDAQ: FRST) Primis Financial's 52-week high was $13.69, and its 52-week low was $9.52. It is currently -9.72% from its 52-week high and 29.83% from its 52-week low.

How much is Primis Financial stock worth today?

(NASDAQ: FRST) Primis Financial currently has 24,722,734 outstanding shares. With Primis Financial stock trading at $12.36 per share, the total value of Primis Financial stock (market capitalization) is $305.57M.

Primis Financial stock was originally listed at a price of $15.35 in Nov 1, 2006. If you had invested in Primis Financial stock at $15.35, your return over the last 18 years would have been -19.48%, for an annualized return of -1.2% (not including any dividends or dividend reinvestments).

How much is Primis Financial's stock price per share?

(NASDAQ: FRST) Primis Financial stock price per share is $12.36 today (as of Dec 12, 2024).

What is Primis Financial's Market Cap?

(NASDAQ: FRST) Primis Financial's market cap is $305.57M, as of Dec 14, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Primis Financial's market cap is calculated by multiplying FRST's current stock price of $12.36 by FRST's total outstanding shares of 24,722,734.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.