FRST
PRIMIS FINANCIAL CORP
$9.69
Earnings Summary
Revenue | $24.94Mn |
Net Profits | $5.05Mn |
Net Profit Margins | 20.26% |
Highlights
PRIMIS FINANCIAL CORP’s revenue fell -8.89% since last year same period to $24.94Mn in the Q1 2022. On a quarterly growth basis, PRIMIS FINANCIAL CORP has generated -7.44% fall in its revenue since last 3-months.
PRIMIS FINANCIAL CORP’s net profit fell -46.14% since last year same period to $5.05Mn in the Q1 2022. On a quarterly growth basis, PRIMIS FINANCIAL CORP has generated -33.94% fall in its net profits since last 3-months.
PRIMIS FINANCIAL CORP’s net profit margin fell -40.88% since last year same period to 20.26% in the Q1 2022. On a quarterly growth basis, PRIMIS FINANCIAL CORP has generated -28.64% fall 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
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.
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) 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.
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.
PRIMIS FINANCIAL CORP declared 0.1 dividend per share during the earnings announcement for Q4 2022.
Earnings Calendar
| Earnings Date | Estimated EPS | Reported EPS | Surprise % |
|---|---|---|---|
2021-11-09 | 0.22 | 0.16 | -27.27% |
2021-08-09 | 0.26 | 0.42 | 61.54% |
2021-05-10 | 0.29 | 0.39 | 34.48% |
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 |
