Primis Financial Corp. Logo

Primis Financial Corp.

FRST

(3.5)
Stock Price

12,64 USD

0.44% ROA

5.37% ROE

19.33x PER

Market Cap.

314.692.950,00 USD

27.38% DER

3.14% Yield

12.6% NPM

Primis Financial Corp. Stock Analysis

Primis Financial Corp. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Primis Financial Corp. Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.64x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a low debt to equity ratio (27%), which means it has a small amount of debt compared to the ownership it holds

3 Revenue Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

4 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

5 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

6 ROE

The stock's ROE falls within an average range (4.11%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

7 ROA

The stock's ROA (0.44%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

8 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

9 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (103), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

10 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

11 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

Primis Financial Corp. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Primis Financial Corp. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Primis Financial Corp. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Primis Financial Corp. Revenue
Year Revenue Growth
2004 362.115
2005 492.344 26.45%
2006 6.187.000 92.04%
2007 11.020.000 43.86%
2008 12.289.000 10.33%
2009 17.033.000 27.85%
2010 26.323.000 35.29%
2011 29.481.000 10.71%
2012 33.844.000 12.89%
2013 32.201.000 -5.1%
2014 35.224.000 8.58%
2015 38.946.000 9.56%
2016 42.025.000 7.33%
2017 73.691.000 42.97%
2018 102.162.000 27.87%
2019 93.458.000 -9.31%
2020 99.802.000 6.36%
2021 103.929.000 3.97%
2022 125.815.000 17.4%
2023 148.268.000 15.14%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Primis Financial Corp. Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Primis Financial Corp. General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 1.220.028
2005 1.472.216 17.13%
2006 2.284.000 35.54%
2007 3.346.000 31.74%
2008 4.016.000 16.68%
2009 5.645.000 28.86%
2010 7.911.000 28.64%
2011 8.247.000 4.07%
2012 9.209.000 10.45%
2013 10.369.000 11.19%
2014 12.024.000 13.76%
2015 13.154.000 8.59%
2016 12.218.000 -7.66%
2017 21.087.000 42.06%
2018 28.771.000 26.71%
2019 30.257.000 4.91%
2020 41.350.000 26.83%
2021 42.283.000 2.21%
2022 49.005.000 13.72%
2023 55.236.000 11.28%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Primis Financial Corp. EBITDA
Year EBITDA Growth
2004 2.102.294
2005 3.284.881 36%
2006 6.636.000 50.5%
2007 13.945.000 52.41%
2008 14.609.000 4.55%
2009 12.673.000 -15.28%
2010 12.492.000 -1.45%
2011 13.672.000 8.63%
2012 17.310.000 21.02%
2013 15.438.000 -12.13%
2014 17.080.000 9.61%
2015 22.319.000 23.47%
2016 25.021.000 10.8%
2017 35.852.000 30.21%
2018 78.549.000 54.36%
2019 40.662.000 -93.18%
2020 31.265.000 -30.06%
2021 41.334.000 24.36%
2022 51.296.000 19.42%
2023 39.248.000 -30.7%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Primis Financial Corp. Gross Profit
Year Gross Profit Growth
2004 362.115
2005 492.344 26.45%
2006 5.016.000 90.18%
2007 9.728.000 48.44%
2008 10.966.000 11.29%
2009 15.732.000 30.29%
2010 24.344.000 35.38%
2011 27.134.000 10.28%
2012 31.497.000 13.85%
2013 29.096.000 -8.25%
2014 32.148.000 9.49%
2015 35.264.000 8.84%
2016 39.049.000 9.69%
2017 67.700.000 42.32%
2018 94.924.000 28.68%
2019 83.289.000 -13.97%
2020 91.786.000 9.26%
2021 94.305.000 2.67%
2022 115.415.000 18.29%
2023 138.184.000 16.48%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Primis Financial Corp. Net Profit
Year Net Profit Growth
2004 373.777
2005 197.251 -89.49%
2006 1.009.000 80.45%
2007 1.736.000 41.88%
2008 1.208.000 -43.71%
2009 2.356.000 48.73%
2010 1.801.000 -30.82%
2011 4.401.000 59.08%
2012 6.569.000 33%
2013 6.258.000 -4.97%
2014 7.483.000 16.37%
2015 9.289.000 19.44%
2016 10.312.000 9.92%
2017 2.425.000 -325.24%
2018 33.691.000 92.8%
2019 33.167.000 -1.58%
2020 23.287.000 -42.43%
2021 31.248.000 25.48%
2022 17.741.000 -76.13%
2023 30.332.000 41.51%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Primis Financial Corp. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 0
2005 -1 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 -1 0%
2010 0 0%
2011 0 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 0 0%
2018 1 100%
2019 1 0%
2020 1 0%
2021 1 100%
2022 1 0%
2023 1 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Primis Financial Corp. Free Cashflow
Year Free Cashflow Growth
2004 -1.436.867
2005 1.587.430 190.52%
2006 571.000 -178.01%
2007 3.017.000 81.07%
2008 4.408.000 31.56%
2009 6.008.000 26.63%
2010 6.648.000 9.63%
2011 12.632.000 47.37%
2012 10.044.000 -25.77%
2013 5.409.000 -85.69%
2014 10.588.000 48.91%
2015 11.912.000 11.11%
2016 17.880.000 33.38%
2017 23.162.000 22.8%
2018 39.467.000 41.31%
2019 35.663.000 -10.67%
2020 28.581.000 -24.78%
2021 24.859.000 -14.97%
2022 12.093.000 -105.57%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Primis Financial Corp. Operating Cashflow
Year Operating Cashflow Growth
2004 -1.436.867
2005 1.587.430 190.52%
2006 703.000 -125.81%
2007 3.470.000 79.74%
2008 4.538.000 23.53%
2009 6.108.000 25.7%
2010 8.619.000 29.13%
2011 13.154.000 34.48%
2012 10.837.000 -21.38%
2013 5.846.000 -85.37%
2014 11.485.000 49.1%
2015 12.219.000 6.01%
2016 18.023.000 32.2%
2017 24.587.000 26.7%
2018 41.440.000 40.67%
2019 36.764.000 -12.72%
2020 29.663.000 -23.94%
2021 27.315.000 -8.6%
2022 13.105.000 -108.43%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Primis Financial Corp. Capital Expenditure
Year Capital Expenditure Growth
2004 0
2005 0 0%
2006 132.000 100%
2007 453.000 70.86%
2008 130.000 -248.46%
2009 100.000 -30%
2010 1.971.000 94.93%
2011 522.000 -277.59%
2012 793.000 34.17%
2013 437.000 -81.46%
2014 897.000 51.28%
2015 307.000 -192.18%
2016 143.000 -114.69%
2017 1.425.000 89.96%
2018 1.973.000 27.77%
2019 1.101.000 -79.2%
2020 1.082.000 -1.76%
2021 2.456.000 55.94%
2022 1.012.000 -142.69%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Primis Financial Corp. Equity
Year Equity Growth
2004 8.230.550
2005 8.427.801 2.34%
2006 68.227.000 87.65%
2007 69.275.000 1.51%
2008 68.776.000 -0.73%
2009 97.124.000 29.19%
2010 99.114.000 2.01%
2011 99.051.000 -0.06%
2012 103.176.000 4%
2013 106.614.000 3.22%
2014 113.979.000 6.46%
2015 119.636.000 4.73%
2016 126.344.000 5.31%
2017 322.772.000 60.86%
2018 348.290.000 7.33%
2019 377.241.000 7.67%
2020 390.554.000 3.41%
2021 411.881.000 5.18%
2022 394.403.000 -4.43%
2023 394.016.000 -0.1%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Primis Financial Corp. Assets
Year Assets Growth
2004 98.029.530
2005 128.499.339 23.71%
2006 290.574.000 55.78%
2007 377.283.000 22.98%
2008 431.924.000 12.65%
2009 610.674.000 29.27%
2010 590.824.000 -3.36%
2011 611.373.000 3.36%
2012 722.103.000 15.33%
2013 716.185.000 -0.83%
2014 916.327.000 21.84%
2015 1.036.107.000 11.56%
2016 1.142.443.000 9.31%
2017 2.614.252.000 56.3%
2018 2.701.294.000 3.22%
2019 2.722.170.000 0.77%
2020 3.088.673.000 11.87%
2021 3.407.353.000 9.35%
2022 3.571.537.000 4.6%
2023 3.824.925.000 6.62%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Primis Financial Corp. Liabilities
Year Liabilities Growth
2004 89.798.980
2005 120.071.538 25.21%
2006 222.347.000 46%
2007 308.008.000 27.81%
2008 363.148.000 15.18%
2009 513.550.000 29.29%
2010 491.710.000 -4.44%
2011 512.322.000 4.02%
2012 618.927.000 17.22%
2013 609.571.000 -1.53%
2014 802.348.000 24.03%
2015 916.471.000 12.45%
2016 1.016.099.000 9.8%
2017 2.291.480.000 55.66%
2018 2.353.004.000 2.61%
2019 2.344.929.000 -0.34%
2020 223.567.000 -948.87%
2021 201.526.000 -10.94%
2022 3.177.134.000 93.66%
2023 107.871.000 -2845.31%

Primis Financial Corp. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
6.18
Net Income per Share
0.66
Price to Earning Ratio
19.33x
Price To Sales Ratio
2.07x
POCF Ratio
-7.05
PFCF Ratio
-6.8
Price to Book Ratio
0.8
EV to Sales
2.16
EV Over EBITDA
6.38
EV to Operating CashFlow
-7.38
EV to FreeCashFlow
-7.1
Earnings Yield
0.05
FreeCashFlow Yield
-0.15
Market Cap
0,31 Bil.
Enterprise Value
0,33 Bil.
Graham Number
15.41
Graham NetNet
8.23

Income Statement Metrics

Net Income per Share
0.66
Income Quality
-5.03
ROE
0.04
Return On Assets
0.01
Return On Capital Employed
0.02
Net Income per EBT
0.93
EBT Per Ebit
0.61
Ebit per Revenue
0.22
Effective Tax Rate
0.17

Margins

Sales, General, & Administrative to Revenue
0.4
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
-0
Gross Profit Margin
0.93
Operating Profit Margin
0.22
Pretax Profit Margin
0.14
Net Profit Margin
0.13

Dividends

Dividend Yield
0.03
Dividend Yield %
3.14
Payout Ratio
0.46
Dividend Per Share
0.4

Operating Metrics

Operating Cashflow per Share
-1.81
Free CashFlow per Share
-1.88
Capex to Operating CashFlow
0.04
Capex to Revenue
-0.01
Capex to Depreciation
-0.24
Return on Invested Capital
0.08
Return on Tangible Assets
0
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
-0.07

Balance Sheet

Cash per Share
12,61
Book Value per Share
15,99
Tangible Book Value per Share
146.96
Shareholders Equity per Share
15.99
Interest Debt per Share
7.53
Debt to Equity
0.27
Debt to Assets
0.03
Net Debt to EBITDA
0.27
Current Ratio
0
Tangible Asset Value
3,61 Bil.
Net Current Asset Value
0,20 Bil.
Invested Capital
0.27
Working Capital
0,31 Bil.
Intangibles to Total Assets
0.03
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0.34

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Primis Financial Corp. Dividends
Year Dividends Growth
2012 0
2013 0 0%
2014 1 0%
2015 1 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Primis Financial Corp. Profile

About Primis Financial Corp.

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.

CEO
Mr. Dennis J. Zember Jr.
Employee
565
Address
6830 Old Dominion Drive
McLean, 22101

Primis Financial Corp. Executives & BODs

Primis Financial Corp. Executives & BODs
# Name Age
1 Ms. Julia Fredricks
Executive Vice President & Chief Risk Officer
70
2 Ms. Marie Taylor Leibson
Executive Vice President & Chief Credit Officer
70
3 Ms. Anne-Stanton Gore
Executive Vice President & Chief Marketing Officer
70
4 Mr. Clinton Tyler Stafford C.F.A.
Co-Founder, Chief Executive Officer & President of Panacea Financial
70
5 Mr. John Colantoni Jr.
Executive Vice President & Chief Risk Officer
70
6 Mr. William H. Stevens
Chief Credit Risk Officer
70
7 Mr. Dennis J. Zember Jr.
President, Chief Executive Officer & Director
70
8 Ms. Cheryl B. Wood
Executive Vice President, Chief Administrative Officer & Secretary
70
9 Mr. Brandon Finazzo
Head of Practice Solutions
70
10 Mr. Matthew Alan Switzer
Executive Vice President & Chief Financial Officer
70

Primis Financial Corp. Competitors