FRST Primis Financial Corp

  1. Stocks
  2. Financial Services
  3. NASDAQ: FRST

Price (delayed)

$13.26

Market cap

$327.28M

P/E Ratio

66.3

Dividend/share

$0.4

EPS

$0.2

Enterprise value

$332.78M

Primis Financial Corp. headquartered in McLean, Virginia is the holding company for Primis Bank, a state chartered bank headquartered in Glen Allen, Virginia. Primis Bank provides a range of financial ...

Highlights
The debt has dropped by 58% year-on-year and by 10% since the previous quarter
Primis Financial's revenue has increased by 20% YoY and by 4.1% from the previous quarter
The EPS has shrunk by 78% YoY and by 64% QoQ
FRST's net income has plunged by 77% YoY and by 63% from the previous quarter
Sector: Financial Services
Industry: Banks - Regional
Website: http://primisbank.com
Peers: NKSH NRIM NIC

Key stats

What are the main financial stats of FRST
Market
Shares outstanding
24.68M
Market cap
$327.28M
Enterprise value
$332.78M
Valuations
Price to earnings (P/E)
66.3
Price to book (P/B)
0.85
Price to sales (P/S)
2.46
EV/EBIT
36.54
EV/EBITDA
17.95
EV/Sales
2.5
Earnings
Revenue
$133.22M
EBIT
$9.11M
EBITDA
$18.54M
Free cash flow
-$42.09M
Per share
EPS
$0.2
Free cash flow per share
-$1.71
Book value per share
$15.51
Revenue per share
$5.4
TBVPS
$150.61
Balance sheet
Total assets
$3.81B
Total liabilities
$3.43B
Debt
$99.36M
Equity
$382.87M
Working capital
N/A
Liquidity
Debt to equity
0.26
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.3
Margins
EBITDA margin
13.9%
Gross margin
100%
Net margin
3.8%
Operating margin
6.8%
Efficiency
Return on assets
0.1%
Return on equity
1.3%
Return on invested capital
0.2%
Return on capital employed
N/A
Return on sales
6.8%
Dividend
Dividend yield
3.02%
DPS
$0.4
Payout ratio
200%

FRST stock price

How has the Primis Financial stock price performed over time
Intraday
2.31%
1 week
9.23%
1 month
35.58%
1 year
35.17%
YTD
4.74%
QTD
26.53%

Financial performance

How have Primis Financial's revenue and profit performed over time
Revenue
$133.22M
Gross profit
$133.22M
Operating income
$9.11M
Net income
$5.11M
Gross margin
100%
Net margin
3.8%
The net margin has dropped by 81% year-on-year and by 64% since the previous quarter
FRST's net income has plunged by 77% YoY and by 63% from the previous quarter
The company's operating margin has shrunk by 73% YoY and by 49% QoQ
FRST's operating income has shrunk by 68% YoY and by 47% QoQ

Growth

What is Primis Financial's growth rate over time

Valuation

What is Primis Financial stock price valuation
P/E
66.3
P/B
0.85
P/S
2.46
EV/EBIT
36.54
EV/EBITDA
17.95
EV/Sales
2.5
The EPS has shrunk by 78% YoY and by 64% QoQ
The P/B is 40% above the last 4 quarters average of 0.6 and 5% above the 5-year quarterly average of 0.8
The equity has declined by 2.6% since the previous quarter and by 2.3% year-on-year
The P/S is 26% higher than the last 4 quarters average of 1.9 but 17% lower than the 5-year quarterly average of 2.9
Primis Financial's revenue has increased by 20% YoY and by 4.1% from the previous quarter

Efficiency

How efficient is Primis Financial business performance
FRST's ROA has plunged by 86% YoY and by 75% from the previous quarter
The ROIC has dropped by 78% year-on-year and by 60% since the previous quarter
The ROE has plunged by 76% YoY and by 63% from the previous quarter
The ROS has shrunk by 73% YoY and by 49% QoQ

Dividends

What is FRST's dividend history
Dividend details
DPS
$0.4
Dividend yield
3.02%
Payout ratio
200%
Recent dividends

Financial health

How did Primis Financial financials performed over time
The total assets is 11% more than the total liabilities
The company's total liabilities rose by 16% YoY
The total assets has grown by 14% YoY
The debt is 74% smaller than the equity
The debt has dropped by 58% year-on-year and by 10% since the previous quarter
Primis Financial's debt to equity has plunged by 57% YoY and by 7% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.