FRST
Primis Financial Corp.
FRST's fundamentals are strong and it looks cheap: trading at 6.6x earnings, about half its usual 13x. Analysts expect earnings growth, though they disagree widely on how much.
FRST Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
FRST's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like FRST.
FRST PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 6.6x | $14.64 | — |
| Cheap | 8.9x | $19.82 | +35% |
| Forward | 9.1x | $14.64 | — |
| Fair | 13x | $28.04 | +92% |
| Expensive | 53x | $117 | +697% |
Historical ranges are pointers, not guarantees.
FRST's PE is in its cheap range at 6.6x. On analysts' estimates for next year's earnings, today's price would be 9.1x.
FRST Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for FRST, with profitability improving. However, they disagree widely on these estimates.
FRST Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.61 | -28% |
| Q3 2026 | $2.22 | +534% |
| Q2 2026 | $2.15 | +1692% |
| Q1 2026 | $1.87 | +1069% |
| Q4 2025 | $2.49 | +$3.15 |
| Q3 2025 | $0.35 | +$0.46 |
| Q2 2025 | $0.12 | +$0.52 |
| Q1 2025 | $0.16 | +$0.78 |
| Q4 2024 | -$0.66 | -$0.28 |
FRST earned $2.22 per share over the past year, about six times what it earned the year before.
FRST Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $49.2M | +20% |
| Q2 2026 | $55.8M | +29% |
| Q1 2026 | $45.6M | -22% |
| Q4 2025 | $80.9M | +109% |
| Q3 2025 | $41M | +9.9% |
| Q2 2025 | $43.2M | +21% |
| Q1 2025 | $58.7M | +65% |
| Q4 2024 | $38.8M | +20% |
FRST's revenue is growing: $49M last quarter, up 20% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 22% | +0.9 points |
| Q2 2026 | 22% | +15 points |
| Q1 2026 | 23% | -19 points |
| Q4 2025 | 45% | +128 points |
| Q3 2025 | 21% | +24 points |
| Q2 2025 | 6.9% | -1 points |
| Q1 2025 | 42% | +38 points |
| Q4 2024 | -83% | -31 points |
FRST's operating margin was 22% last quarter, up 0.9 points from the same quarter a year ago.
FRST Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $78.8M | +$90.2M |
| Q2 2026 | -$6M | +$35M |
| Q1 2026 | -$54.6M | -259% |
| Q3 2025 | -$11.4M | -355% |
| Q2 2025 | -$41M | -181% |
| Q1 2025 | $34.4M | +$35.4M |
| Q4 2024 | -$35.7M | -152% |
| Q3 2024 | $4.5M | +$5.4M |
FRST's free cash flow was $7M over the past year, against −$38M the year before. Free cash flow isn't a meaningful measure for financial services companies like FRST.
FRST Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +11K shares |
| 1 year | +0.6% | +155K shares |
| 3 years | +0.6% | +157K shares |
| 5 years | +0.7% | +165K shares |
| Available history | +1.9% | +474K shares |
FRST has 25M diluted shares, up 0.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
FRST Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.8x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2026 | -2.1x | Net Cash |
| Q4 2025 | -1.6x | Net Cash |
| Q3 2025 | -3.5x | Net Cash |
| Q2 2025 | -17.4x | Net Cash |
| Q1 2025 | -9.4x | Net Cash |
| Q3 2023 | -7.1x | Net Cash |
FRST has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like FRST.
FRST Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.2 | Neutral |
| Stochastic | 6.2 | Oversold |
FRST's weekly RSI is 44 (neutral) and its Stochastic is 6 (oversold).
FRST PE vs Financial Services Sector
| Metric | FRST | Sector median | Relative |
|---|---|---|---|
| PE | 6.6x | 13x | 49% below |
| PE % | 3 | 63 | 60 pts below |
FRST is trading at 6.6x earnings, a 49% discount to the Financial Services sector's median of 13x.
FRST Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $15.2 | 3.4% below |
| 20 week MA | $15.7 | 6.7% below |
| 50 week MA | $14.6 | 0.3% above |
| 100 week MA | $12.5 | 17% above |
| 200 week MA | $11.6 | 27% above |
FRST has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 27% above its 200-week average.
FRST Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.4 | $12.1 | -26% |
| 2021 | $12.1 | $15.0 | +24% |
| 2022 | $15.0 | $11.8 | -21% |
| 2023 | $11.8 | $12.7 | +7.7% |
| 2024 | $12.7 | $11.7 | -7.9% |
| 2025 | $11.7 | $13.0 | +12% |
| 2026 YTD | $13.0 | $14.6 | +12% |
FRST has finished lower in three of the last six years. It's up 12% so far in 2026.