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Side-by-side financial comparison of Primis Financial Corp. (FRST) and SMITH MIDLAND CORP (SMID). Click either name above to swap in a different company.
Primis Financial Corp. is the larger business by last-quarter revenue ($45.6M vs $23.1M, roughly 2.0× SMITH MIDLAND CORP). Primis Financial Corp. runs the higher net margin — 16.0% vs 9.2%, a 6.8% gap on every dollar of revenue. Over the past eight quarters, SMITH MIDLAND CORP's revenue compounded faster (17.4% CAGR vs 13.0%).
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.
Smith Midland Corp is a specialized manufacturer of precast concrete products for infrastructure, commercial, residential and industrial construction uses. Its key product lines include highway safety barriers, acoustic sound walls, architectural precast panels, and stormwater management systems, serving primarily the North American market with durable, sustainable construction solutions.
FRST vs SMID — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $45.6M | $23.1M |
| Net Profit | $7.3M | $2.1M |
| Gross Margin | — | 57.5% |
| Operating Margin | — | 37.8% |
| Net Margin | 16.0% | 9.2% |
| Revenue YoY | — | 24.7% |
| Net Profit YoY | 200.0% | 52.5% |
| EPS (diluted) | $0.30 | $0.41 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $45.6M | — | ||
| Q4 25 | $80.9M | $23.1M | ||
| Q3 25 | $41.0M | $21.5M | ||
| Q2 25 | $43.2M | $26.2M | ||
| Q1 25 | $58.7M | $22.7M | ||
| Q4 24 | $38.8M | $18.5M | ||
| Q3 24 | $37.3M | $23.6M | ||
| Q2 24 | $35.7M | $19.6M |
| Q1 26 | $7.3M | — | ||
| Q4 25 | $29.5M | $2.1M | ||
| Q3 25 | $6.8M | $2.9M | ||
| Q2 25 | $2.4M | $4.2M | ||
| Q1 25 | $22.6M | $3.3M | ||
| Q4 24 | $-26.2M | $1.4M | ||
| Q3 24 | $1.2M | $3.1M | ||
| Q2 24 | $3.4M | $2.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 57.5% | ||
| Q3 25 | — | 26.8% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 30.7% | ||
| Q4 24 | — | 51.4% | ||
| Q3 24 | — | 27.9% | ||
| Q2 24 | — | 0.0% |
| Q1 26 | — | — | ||
| Q4 25 | 44.8% | 37.8% | ||
| Q3 25 | 21.3% | 18.0% | ||
| Q2 25 | 6.9% | 0.0% | ||
| Q1 25 | 41.9% | 19.3% | ||
| Q4 24 | -123.0% | 24.5% | ||
| Q3 24 | -3.1% | 16.3% | ||
| Q2 24 | 7.8% | 0.0% |
| Q1 26 | 16.0% | — | ||
| Q4 25 | 36.5% | 9.2% | ||
| Q3 25 | 16.7% | 13.4% | ||
| Q2 25 | 5.6% | 15.9% | ||
| Q1 25 | 38.6% | 14.7% | ||
| Q4 24 | -100.3% | 7.5% | ||
| Q3 24 | 3.3% | 13.4% | ||
| Q2 24 | 9.6% | 10.1% |
| Q1 26 | $0.30 | — | ||
| Q4 25 | $1.19 | $0.41 | ||
| Q3 25 | $0.28 | $0.54 | ||
| Q2 25 | $0.10 | $0.79 | ||
| Q1 25 | $0.92 | $0.62 | ||
| Q4 24 | $-0.95 | $0.28 | ||
| Q3 24 | $0.05 | $0.59 | ||
| Q2 24 | $0.14 | $0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $159.9M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $427.2M | $54.3M |
| Total Assets | $4.3B | $87.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $159.9M | — | ||
| Q4 25 | $143.6M | — | ||
| Q3 25 | $63.9M | — | ||
| Q2 25 | $94.1M | — | ||
| Q1 25 | $57.0M | — | ||
| Q4 24 | $64.5M | — | ||
| Q3 24 | $77.3M | — | ||
| Q2 24 | $66.6M | — |
| Q1 26 | $427.2M | — | ||
| Q4 25 | $422.9M | $54.3M | ||
| Q3 25 | $382.2M | $52.1M | ||
| Q2 25 | $376.4M | $49.2M | ||
| Q1 25 | $375.6M | $45.1M | ||
| Q4 24 | $351.8M | $41.7M | ||
| Q3 24 | $381.0M | $40.3M | ||
| Q2 24 | $376.0M | $37.2M |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.0B | $87.7M | ||
| Q3 25 | $4.0B | $85.4M | ||
| Q2 25 | $3.9B | $81.2K | ||
| Q1 25 | $3.7B | $74.7M | ||
| Q4 24 | $3.7B | $68.0M | ||
| Q3 24 | $4.0B | $66.6M | ||
| Q2 24 | $4.0B | $64.0M |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FRST
| Net Interest Income | $32.1M | 70% |
| Noninterest Income | $13.6M | 30% |
SMID
| Product Sales | $13.8M | 60% |
| Service Revenue | $9.3M | 40% |
