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Companies / Financials / Primis Financial Corp.
FRST

Primis Financial Corp.

FinancialsBanks & Brokers
Ticker FRSTMCLEAN, VAFiscal year ends DecemberBook value per share $17.53Diluted shares 24.8M

Primis Financial Corp. (Nasdaq: FRST) is the bank holding company for Primis Bank, which provides banking services to individuals and small and medium-sized businesses. Its offerings include business and consumer loans, residential mortgages, deposits, treasury and cash-management services, and digital banking;… From the company’s description.

Over the twelve months to Jun 30, 2026, Primis Financial Corp. reported revenue of $223.29M, up 25.4% from a year earlier, and net income of $53.11M. Its pre-tax margin was 30.2%. In fiscal 2025, it reported revenue of $223.78M, up 51.9% from fiscal 2024, and net income of $57.84M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$223.78MFY2025
+51.9% year over year
Last 12 mo $223.29M
32.42%FY2025
+52 percentage points
Last 12 mo 30.21%
$57.84MFY2025
+334.5% year over year
Last 12 mo $53.11M
14.53%FY2025
+19.1 percentage points
Last 12 mo 12.24%
Cash & financing
$10.77MFY2025
−44.9% year over year
Last 12 mo $-42.71M
$9.03MFY2025
−50.7% year over year
Last 12 mo $-42.71M
8.29FY2025
Was 9.34× a year earlier
Last 12 mo 8.14
24.7MFY2025
No change, year over year
Last 12 mo 24.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Primis Financial Corp. does

In the company’s own words

Primis Financial Corp. (Nasdaq: FRST) is the bank holding company for Primis Bank, which provides banking services to individuals and small and medium-sized businesses. Its offerings include business and consumer loans, residential mortgages, deposits, treasury and cash-management services, and digital banking; lending includes commercial real estate, SBA, healthcare-practice and mortgage-warehouse financing. Primis Mortgage Company originates residential mortgages, primarily for sale in the secondary market, while the Panacea Financial division serves doctors, dentists, veterinarians, and their practices with loans and deposit products. The company operates a community banking network in Virginia and Maryland alongside digital services available beyond its branch footprint. Its V1BE app provides on-demand branch services, and its digital banking platform supports online account opening. Primis had $4.0 billion in assets and 593 employees as of December 31, 2025, and its bank operated 24 full-service branches. The company acquired Primis Mortgage Company in 2022 and launched Panacea Financial in 2020. Its website is www.primisbank.com.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
MCLEAN, VA
Fiscal year end
December
CIK
1325670
SIC
6022

Financial performance, year by year

Fiscal 2011–2025 · USD
$-49.51M$25.02M$99.56M$174.09M$248.62M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Primis Financial Corp. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

151
funds hold it
0 of 35
superinvestors hold it
$95.43M
held by funds, at market
24.4%
of shares held by funds
1
bond issues held by funds

Largest fund holders · Primis Financial Corp.’s weight in each

RMB Mendon Financial Services Fund
RMBKX · RMB Investors Trust
5.07%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
U.S. SMALL CAP VALUE PORTFOLIO
DFSVX · DFA INVESTMENT DIMENSIONS GROUP INC
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Primis Financial Corp.’s bonds, as funds hold them

Funds report holding 1 issues of Primis Financial Corp.’s debt, $3.94M at market value — what funds hold, not the company’s total debt.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Primis Financial Corp. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Primis Financial Corp.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Primis Financial Corp.'s last four quarterly filings that the numbers alone won't show?”
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