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NASDAQ: FRST
Primis Financial Corp Stock

$12.17+0.25 (+2.1%)
Updated Mar 28, 2024
FRST Price
$12.17
Fair Value Price
N/A
Market Cap
$300.38M
52 Week Low
$7.01
52 Week High
$13.69
P/E
60.85x
P/B
0.78x
P/S
1.51x
PEG
0.13x
Dividend Yield
1.64%
Revenue
$133.22M
Earnings
$5.11M
Gross Margin
100%
Operating Margin
6.84%
Profit Margin
3.8%
Debt to Equity
8.96
Operating Cash Flow
-$42M
Beta
1.03
Next Earnings
Apr 25, 2024
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 Score

Industry Average (34)
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Due Diligence Checks

FRST ($12.17) is trading below its intrinsic value of $34.55, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
FRST is poor value based on its earnings relative to its share price (60.85x), compared to the US market average (44.51x)
P/E vs Market Valuation
FRST is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more FRST due diligence checks available for Premium users.

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FRST News

Valuation

FRST fair value

Fair Value of FRST stock based on Discounted Cash Flow (DCF)
Price
$12.17
Fair Value
$33.02
Undervalued by
63.14%
FRST ($12.17) is trading below... 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
60.85x
Industry
-10.33x
Market
44.51x
FRST is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
FRST is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

FRST price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.78x
Industry
1.02x
FRST is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

FRST price to earnings growth (PEG)

For valuing profitable companies with growth potential
FRST is good value based... subscribe to Premium to read more.
PEG Value Valuation

FRST's financial health

Profit margin

Revenue
$35.4M
Net Income
-$3.6M
Profit Margin
-10.1%
FRST's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$3.8B
Liabilities
$3.4B
Debt to equity
8.96
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
-$7.3M
Investing
$26.4M
Financing
-$26.1M

FRST vs Bank Stocks

TickerMarket Cap1d %P/EP/B
FRST$300.38M+2.10%60.85x0.78x
INBK$300.70M-0.54%36.57x0.83x
BSRR$298.72M+3.70%8.52x0.88x
WTBA$298.21M+1.31%12.38x1.33x
PFIS$304.30M+4.61%11.20x0.89x

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 $7.01. It is currently -11.1% from its 52-week high and 73.61% from its 52-week low.

How much is Primis Financial stock worth today?

(NASDAQ: FRST) Primis Financial currently has 24,681,764 outstanding shares. With Primis Financial stock trading at $12.17 per share, the total value of Primis Financial stock (market capitalization) is $300.38M.

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 17 years would have been -20.72%, for an annualized return of -1.36% (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 $12.17 today (as of Mar 28, 2024).

What is Primis Financial's Market Cap?

(NASDAQ: FRST) Primis Financial's market cap is $300.38M, as of Mar 29, 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 $12.17 by FRST's total outstanding shares of 24,681,764.
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