Primis Financial (FRST) Projected to Post Earnings on Thursday

Primis Financial (NASDAQ:FRST) is projected to release 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 can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Friday, April 24, 2026 at 10:00 AM ET.

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

Primis Financial Stock Performance

Shares of NASDAQ FRST opened at $14.00 on Wednesday. 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 cap of $346.78 million, a P/E ratio of 7.25 and a beta of 0.72. The firm’s fifty day moving average is $13.43 and its two-hundred day moving average is $12.57. Primis Financial has a 52-week low of $7.59 and a 52-week high of $14.55.

Primis Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Friday, February 13th. Primis Financial’s payout ratio is currently 20.73%.

Insider Activity at Primis Financial

In other Primis Financial news, EVP Matthew Alan Switzer acquired 2,500 shares of the company’s stock in a transaction on Tuesday, February 3rd. The stock was acquired at an average cost of $14.06 per share, with a total value of $35,150.00. Following the purchase, the executive vice president directly owned 96,226 shares of the company’s stock, valued at approximately $1,352,937.56. This represents a 2.67% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last three months, insiders have acquired 7,025 shares of company stock valued at $92,961. Company insiders own 10.87% of the company’s stock.

Hedge Funds Weigh In On Primis Financial

A number of institutional investors and hedge funds have recently made changes to their positions in FRST. Raymond James Financial Inc. purchased a new position in shares of Primis Financial in the 2nd quarter worth $25,000. Russell Investments Group Ltd. grew its stake in shares of Primis Financial by 290.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,345 shares of the company’s stock worth $25,000 after buying an additional 1,744 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Primis Financial by 278.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 7,742 shares of the company’s stock worth $81,000 after buying an additional 5,695 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of Primis Financial by 141.9% in the 4th quarter. Public Employees Retirement System of Ohio now owns 6,733 shares of the company’s stock worth $94,000 after buying an additional 3,950 shares in the last quarter. Finally, Occudo Quantitative Strategies LP purchased a new position in shares of Primis Financial during the 3rd quarter worth about $112,000. 74.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on FRST. Wall Street Zen downgraded shares of Primis Financial from a “buy” rating to a “hold” rating in a report on Sunday, February 8th. Weiss Ratings upgraded shares of Primis Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, March 17th. Finally, Keefe, Bruyette & Woods began coverage on shares of Primis Financial in a research note on Monday. They issued an “outperform” rating and a $17.00 price objective for the company. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $9.00.

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.