Primis Financial Corp.FRSTEarnings & Financial Report
Primis Financial Corp is a U.S.-based financial holding company operating full-service banking subsidiaries. It provides a comprehensive range of financial solutions including personal and commercial deposit products, diverse loan facilities, mortgage services, and wealth management support, primarily serving retail and corporate customers across the U.S. mid-Atlantic region.
Revenue
$41.0M
Gross Profit
N/A
Operating Profit
$8.7M
Net Profit
$6.8M
Gross Margin
N/A
Operating Margin
21.3%
Net Margin
16.7%
YoY Growth
9.9%
EPS
$0.28
Primis Financial Corp. Q3 FY2025 Financial Summary
Primis Financial Corp. reported revenue of $41.0M (up 9.9% YoY) for Q3 FY2025, with a net profit of $6.8M (up 456.2% YoY) (16.7% margin).
Key Financial Metrics
| Total Revenue | $41.0M |
|---|---|
| Net Profit | $6.8M |
| Gross Margin | N/A |
| Operating Margin | 21.3% |
| Report Period | Q3 FY2025 |
Primis Financial Corp. Annual Revenue by Year
Primis Financial Corp. annual revenue history includes year-by-year totals (for example, 2025 revenue was $223.8M).
| Year | Annual Revenue |
|---|---|
| 2025 | $223.8M |
| 2024 | $147.4M |
| 2023 | $98.7M |
| 2022 | $101.7M |
Primis Financial Corp. Quarterly Revenue & Net Profit History
Primis Financial Corp. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $45.6M | — | $7.3M | 16.0% |
| Q4 FY2025 | $80.9M | +108.6% | $29.5M | 36.5% |
| Q3 FY2025 | $41.0M | +9.9% | $6.8M | 16.7% |
| Q2 FY2025 | $43.2M | +21.0% | $2.4M | 5.6% |
| Q1 FY2025 | $58.7M | +65.0% | $22.6M | 38.6% |
| Q4 FY2024 | $38.8M | +11.9% | $-26.2M | -100.3% |
| Q3 FY2024 | $37.3M | +9.5% | $1.2M | 3.3% |
| Q2 FY2024 | $35.7M | +10.6% | $3.4M | 9.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $35.7M | $37.3M | $38.8M | $58.7M | $43.2M | $41.0M | $80.9M | $45.6M |
| YoY Growth | 10.6% | 9.5% | 11.9% | 65.0% | 21.0% | 9.9% | 108.6% | N/A |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.97B | $4.02B | $3.69B | $3.70B | $3.87B | $3.95B | $4.05B | $4.26B |
| Liabilities | $3.57B | $3.63B | $3.33B | $3.32B | $3.50B | $3.57B | $3.62B | $3.83B |
| Equity | $376.0M | $381.0M | $351.8M | $375.6M | $376.4M | $382.2M | $422.9M | $427.2M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $52.3M | $6.1M | $19.5M | $34.4M | $-41.0M | $-11.4M | $10.8M |