Primis Financial CorpFRST
FRST
About: Primis Financial Corp is the bank holding company for Primis Bank, providing financial services to individuals and small and medium-sized businesses. Primis Bank offers a wide range of commercial banking services, It focuses on making loans secured mainly by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses in several industries, as well as loans to individuals for a variety of purposes. Primis Bank offers a broad range of deposit products, including checking (NOW), savings, money market accounts, and certificates of deposit. Its operating segments are Primis Mortgage, Primis Bank, and Other.
Employees: 592
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
25% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 36
3% more funds holding
Funds holding: 118 [Q4 2024] → 121 (+3) [Q1 2025]
0.76% more ownership
Funds ownership: 77.6% [Q4 2024] → 78.36% (+0.76%) [Q1 2025]
4% less capital invested
Capital invested by funds: $224M [Q4 2024] → $214M (-$10.1M) [Q1 2025]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q4 2024] → 3 (-1) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$30
205%
upside
Avg. target
$30
205%
upside
High target
$30
205%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Maxim Group | 206%upside $30 | Buy Initiated | 12 May 2025 |
Financial journalist opinion
Neutral
PRNewsWire
2 days ago
Primis Financial Corp. Announces Signed Term Sheet to Sell a Portion of its Shares of Panacea Financial Holdings, Inc.
MCLEAN, Va. , June 12, 2025 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company") today reported a signed non-binding term sheet to sell a portion of its ownership in Panacea Financial Holdings, Inc. ("PFH" or "Panacea").
Neutral
PRNewsWire
1 month ago
Primis Financial Corp. Reports Deconsolidation of Panacea
Records Pre-Tax Gain of Approximately $24.6 million MCLEAN, Va. , May 13, 2025 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company") today reported that it has deconsolidated Panacea Financial Holdings ("PFH") effective March 31, 2025.
Neutral
Seeking Alpha
1 month ago
Primis Financial Corp. (FRST) Q1 2025 Earnings Call Transcript
Primis Financial Corp. (NASDAQ:FRST ) Q1 2025 Earnings Conference Call April 30, 2025 10:00 AM ET Company Participants Matthew Switzer - Chief Financial Officer Dennis Zember - President and Chief Executive Officer Conference Call Participants Christopher Marinac - Janney Montgomery Scott LLC Russell Gunther - Stephens Inc. Operator Good morning. My name is Aaron, and I will be your conference operator for today.
Neutral
PRNewsWire
1 month ago
Primis Financial Corp. Reports Earnings per Share for the First Quarter of 2025
Declares Quarterly Cash Dividend of $0.10 Per Share MCLEAN, Va. , April 29, 2025 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), and its wholly-owned subsidiary, Primis Bank (the "Bank"), today reported net income available to common shareholders of $2.7 million, or $0.11 earnings per basic and diluted share, for the quarter ended March 31, 2025, compared to a net loss available to common shareholders of $23.3 million, or $0.94 loss per basic and diluted share, for the three months ended December 31, 2024 and net income available to common shareholders of $2.5 million, or $0.10 earnings per basic and diluted share, for the quarter ended March 31, 2024.
Neutral
PRNewsWire
1 month ago
Primis Financial Corp. Announces Date for First Quarter 2025 Earnings Release and Conference Call
MCLEAN, Va. , April 15, 2025 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) (the "Company") today announced that it will release first quarter 2025 results after the market closes on Tuesday, April 29, 2025.
Neutral
PRNewsWire
2 months ago
Primis Financial Corp. Announces Receipt of Stay Extension
MCLEAN, Va. , April 14, 2025 /PRNewswire/ -- As previously disclosed on the Form 8-K dated April 9, 2025, Primis Financial Corp. (NASDAQ: FRST) (the "Company"), submitted a hearing request ("Hearing Request") to The Nasdaq Stock Market LLC ("Nasdaq") appealing Nasdaq's delisting determination and requesting a stay of delisting of the Company's securities pending a final written decision by the Nasdaq Hearings Panel (the "Panel").
Neutral
PRNewsWire
2 months ago
Primis Financial Corp. Receives Nasdaq Notice Regarding Delayed 10-K Filing
MCLEAN, Va. , April 9, 2025 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company") announced today that, as expected, it received a notice on April 3, 2025 (the "Notice") from Nasdaq indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule"), which requires listed companies to timely file all periodic reports with the Securities and Exchange Commission (the "SEC"), as it has failed to timely file its Form 10-K for the period ending December 31, 2024 (the "Form 10-K"), which the Company previously disclosed on Form 12b-25, as filed with the SEC on April 1, 2025, as amended.
Positive
Zacks Investment Research
2 months ago
Are Investors Undervaluing Primis Financial (FRST) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Neutral
Zacks Investment Research
3 months ago
Should Value Investors Buy Primis Financial (FRST) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Neutral
Accesswire
3 months ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Primis Financial Corp. - FRST
NEW YORK CITY, NY / ACCESS Newswire / March 1, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Primis Financial Corp. ("Primis" or the "Company") (NASDAQ:FRST). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
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