Primis Financial (FRST) Expected to Announce Earnings on Thursday

Key Points

• Primis Financial is expected to release Q1 2026 results after the market close on April 23, 2026, with analysts projecting $0.32 EPS and $43.87 million in revenue; a conference call is scheduled for April 24 at 10:00 AM ET.
• In the prior quarter the company missed EPS estimates (reported $0.10 vs. $0.34 expected) while reporting higher-than-expected revenue ($80.87M vs. $30.01M), and the stock trades near its 52-week high with a market cap of about $349.5M and a P/E of 7.31.
• Primis pays a quarterly dividend of $0.10 (annualized yield ~2.8%) and has approved a $750,000 share buyback (~0.2% of shares), while insiders and institutions — notably Goldman Sachs — have increased holdings (institutional ownership ~74.96%).

Primis Financial (NASDAQ:FRST - Get Free Report) will likely be releasing its Q1 2026 results after the market closes on Thursday, April 23rd. Analysts expect Primis Financial to post earnings of $0.32 per share and revenue of $43.8680 million for the quarter. Interested persons may visit the the company's upcoming Q1 2026 earning results page for the latest details on the call scheduled for Friday, April 24, 2026 at 10:00 AM ET.

Primis Financial (NASDAQ:FRST - Get Free Report) last posted its quarterly earnings results on Thursday, January 29th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.24). The company had revenue of $80.87 million during the quarter, compared to analysts' expectations of $30.01 million. Primis Financial had a return on equity of 3.99% and a net margin of 18.78%. On average, analysts expect Primis Financial to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Primis Financial Trading Up 2.5%

NASDAQ FRST opened at $14.11 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.98 and a current ratio of 1.03. The company has a market capitalization of $349.50 million, a price-to-earnings ratio of 7.31 and a beta of 0.72. The company's 50-day simple moving average is $13.44 and its two-hundred day simple moving average is $12.45. Primis Financial has a one year low of $7.59 and a one year high of $14.55.

Primis Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.40 dividend on an annualized basis and a yield of 2.8%. Primis Financial's dividend payout ratio (DPR) is 20.73%.

Primis Financial declared that its board has approved a share repurchase plan on Thursday, December 18th that allows the company to buyback $750,000.00 in outstanding shares. This buyback authorization allows the company to buy up to 0.2% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board believes its stock is undervalued.

Insider Buying and Selling

In other Primis Financial news, EVP Matthew Alan Switzer bought 2,500 shares of the business's stock in a transaction on Tuesday, February 3rd. The shares were acquired at an average price of $14.06 per share, with a total value of $35,150.00. Following the transaction, the executive vice president owned 96,226 shares of the company's stock, valued at approximately $1,352,937.56. This trade represents a 2.67% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders have bought 7,025 shares of company stock worth $92,961. Company insiders own 10.96% of the company's stock.

Institutional Trading of Primis Financial

A number of institutional investors have recently modified their holdings of FRST. Royal Bank of Canada boosted its holdings in shares of Primis Financial by 12.6% in the 1st quarter. Royal Bank of Canada now owns 24,875 shares of the company's stock valued at $243,000 after buying an additional 2,790 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of Primis Financial by 25.5% in the 1st quarter. AQR Capital Management LLC now owns 23,904 shares of the company's stock valued at $234,000 after buying an additional 4,864 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Primis Financial by 11.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,072 shares of the company's stock valued at $128,000 after buying an additional 1,370 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Primis Financial by 170.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 248,639 shares of the company's stock valued at $2,429,000 after buying an additional 156,703 shares in the last quarter. Finally, Empowered Funds LLC boosted its holdings in shares of Primis Financial by 65.3% in the 1st quarter. Empowered Funds LLC now owns 26,621 shares of the company's stock valued at $260,000 after buying an additional 10,515 shares in the last quarter. 74.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have commented on FRST shares. Wall Street Zen downgraded shares of Primis Financial from a "buy" rating to a "hold" rating in a research report on Sunday, February 8th. Weiss Ratings raised shares of Primis Financial from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday, March 17th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Primis Financial has an average rating of "Moderate Buy" and an average price target of $1.00.

Primis Financial Company Profile

Primis Financial Corporation is a bank holding company headquartered in Waycross, Georgia, operating through its wholly owned subsidiary, Primis Bank. The company offers a full suite of commercial and retail banking services tailored to meet the needs of individuals, small businesses, and agricultural clients across its service area. Primis Bank focuses on building relationships within the communities it serves, positioning itself as a local financial partner for deposit-taking, lending, and treasury management solutions.

Primis Bank maintains a network of branch offices throughout southeastern Georgia, serving a combination of rural and suburban markets.

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