PRIMIS FINANCIAL CORP logo

FRST

PRIMIS FINANCIAL CORP

$9.58

Earnings Summary

Revenue
$26.23Mn
Net Profits
$4.37Mn
Net Profit Margins
16.67%

Highlights

Revenue:

PRIMIS FINANCIAL CORP’s revenue jumped 142.91% since last year same period to $26.23Mn in the Q3 2017. On a quarterly growth basis, PRIMIS FINANCIAL CORP has generated 119.06% jump in its revenue since last 3-months.

Net Profits:

PRIMIS FINANCIAL CORP’s net profit jumped 58.19% since last year same period to $4.37Mn in the Q3 2017. On a quarterly growth basis, PRIMIS FINANCIAL CORP has generated 253.91% jump in its net profits since last 3-months.

Net Profit Margins:

PRIMIS FINANCIAL CORP’s net profit margin fell -34.88% since last year same period to 16.67% in the Q3 2017. On a quarterly growth basis, PRIMIS FINANCIAL CORP has generated 170.26% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the PRIMIS FINANCIAL CORP post its latest quarter earnings

EPS Estimate Current Quarter
0.29
EPS Estimate Current Year
0.29

Highlights

EPS Estimate Current Quarter:

PRIMIS FINANCIAL CORP’s earning per share (EPS) estimates for the current quarter stand at 0.29 - a 7.41% jump from last quarter’s estimates.

EPS Estimate Current Year:

PRIMIS FINANCIAL CORP’s earning per share (EPS) estimates for the current year stand at 0.29.

Key Ratios

Key ratios of the PRIMIS FINANCIAL CORP post its Q4 2022 earnings

Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.04
Dividend Per Share (DPS)
0.1

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. PRIMIS FINANCIAL CORP’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. PRIMIS FINANCIAL CORP’s return on equity (ROE) stands at 0.04.

Dividend Per Share (DPS):

PRIMIS FINANCIAL CORP declared 0.1 dividend per share during the earnings announcement for Q4 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2021-11-09
0.22
0.16
-27.27%
2021-05-10
0.29
0.39
34.48%
2021-08-09
0.26
0.42
61.54%
2021-12-31
0.26
0.29
11.54%

Company Information

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 services to individuals and small- and medium-sized businesses through forty-two full-service branches in Virginia and Maryland and through certain internet and mobile applications.

Organisation
PRIMIS FINANCIAL CORP
Headquarters
6830 Old Dominion Drive, McLean, VA, United States, 22101
Employees
565
Industry
Financial Services
CEO
Dennis Zember