SequelSEC

Primis Financial Corp. FRST

State Commercial Banks · CIK 0001325670 · Fiscal year ends 1231 · Bank

Revenue
Unavailable
Fiscal year ended 2025-12-31
Net income
$61.44M
Fiscal year ended 2025-12-31
Total assets
$4.05B
Fiscal year ended 2025-12-31

Primis Financial Corp. (FRST) reported net income of $61.44M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Primis Financial Corp.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under State Commercial Banks.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

Primis Financial Corp. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
RevenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net income$61.44M-$16.20M-$7.83M$14.15M$31.11M$22.98M$33.17M$33.69M$2.42M$10.31M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 24.68Mshares 24.69Mshares 24.64Mshares 24.67Mshares 24.60Mshares 24.36Mshares 24.32Mshares 24.27Mshares 18.67Mshares 12.43M
Pretax income$72.55M-$28.90M-$11.18M$17.33M$39.57M$18.72M$38.05M$43.30M$15.57M$15.41M
Income tax expense$14.71M-$4.24M-$1.07M$3.18M$8.68M$4.14M$5.89M$9.61M$13.15M$5.10M
Diluted EPS$2.49$-0.66$-0.32$0.57Unavailable$0.96$1.36$1.39$0.13$0.83
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Primis Financial Corp. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Cash & equivalents$143.61M$64.50M$77.55M$77.86M$530.17M$196.18M$31.93M$28.61M$25.46M$47.39M
Total assets$4.05B$3.69B$3.86B$3.57B$3.41B$3.09B$2.72B$2.70B$2.61B$1.14B
Current assetsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total liabilities$3.62B$3.33B$3.46B$3.18B$3.00B$2.70B$2.34B$2.35B$2.29B$1.02B
Current liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$422.90M$364.98M$397.59M$388.97M$410.04M$388.85M$377.24M$348.29M$322.77M$126.34M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Goodwill$93.46M$93.46M$93.46M$104.61M$101.95M$101.95M$101.95M$101.95M$100.61M$10.51M
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

Primis Financial Corp. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Operating cash flow$10.77M$19.53M$28.82M$12.43MUnavailable$29.66M$36.76M$41.44M$24.59M$18.02M
Capital expenditures$1.73M$1.19M$1.92M$1.01M$2.46M$1.08M$1.10M$1.97M$1.42M$143.00K
Investing cash flow-$158.22M$108.30M-$312.76M-$616.86MUnavailable-$204.27M-$5.02M-$93.70M-$62.01M-$95.59M
Financing cash flow$226.55M-$140.88M$283.63M$152.11M$296.21M$338.87M-$28.43M$55.40M$15.49M$94.62M
Net change in cash$79.10M-$13.05M-$306.00K-$452.31M$333.98M$164.26M$3.32M$3.15M-$21.93M$17.06M
Stock-based compensation$2.90M$940.00K$712.00K$395.00K$747.00K$1.54M$432.00K$280.00K$251.00K$260.00K
Common dividends paid$9.87M$9.89M$9.88M$9.85M$9.81M$9.74M$8.69M$7.69M$5.80M$3.92M
Common share repurchases$807.00KUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$2.00M$2.00M$2.00M$2.50M$2.40M$2.00M$2.30M$3.30M$2.20MUnavailable

Derived

Primis Financial Corp. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Free cash flow$9.03M$18.34M$26.89M$11.42MUnavailableUnavailableUnavailable$39.47M$23.16M$17.88M
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current ratioUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Revenue YoY growthUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate20.3%UnavailableUnavailable18.4%21.9%22.1%15.5%22.2%84.4%33.1%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FRST in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-07View SEC filing
10-Q · Filed 2026-05-08View SEC filing
10-K · Filed 2026-03-16View SEC filing
10-Q · Filed 2025-11-10View SEC filing
10-Q · Filed 2025-08-11View SEC filing
10-Q · Filed 2025-05-14View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.