Primis Financial Corp

Research Primis Financial Corp (FRST) on Bullrun: valuation model: 33.1% undervalued, market cap USD 398.27M, P/E 7.5, dividend yield 2.5%. Explore financials, valuation history, model signals, and stock context.

Key Metrics

TickerFRST
ExchangeNASDAQ
CountryUnited States
SectorFinancial Services
IndustryBanks-Regional
CurrencyUSD
Valuation signal33.1% undervalued
Market capUSD 398.27M
P/E7.5
Dividend yield2.5%
Financial periodQ2 2026
RevenueUSD 55.39M
Net incomeUSD 9.43M
Free cash flow-USD 6.00M

Valuation Snapshot

Bullrun's latest valuation model marks Primis Financial Corp as 33.1% undervalued; latest market cap is USD 398.27M; P/E is 7.5; dividend yield is 2.5%.

Peer valuation comparison

Latest P/E is 7.47x versus a Financial Services sector median of 13.84x (46.0% below).

Latest dividend yield is 2.51% versus a Financial Services sector median of 3.86% (34.9% below).

Five-year financial history

Year	Revenue	Net income	Free cash flow	Gross margin	Diluted EPS	Cash	Total debt	Equity
FY2025	USD 165.74M	USD 61.44K	USD 9.03M	n/a	2.49	USD 143.61M	USD 197.28M	USD 422.90M
FY2024	USD 147.36M	-USD 16.21K	USD 18.34M	n/a	-0.66	USD 64.51M	USD 124.64M	USD 351.76M
FY2023	USD 140.99M	-USD 7.83K	USD 26.89M	n/a	-0.32	USD 77.55M	USD 157.67M	USD 376.16M
FY2022	n/a	USD 14.15K	USD 11.42M	n/a	0.57	USD 77.86M	USD 426.08M	USD 388.97M

Valuation history

Year	Snapshot date	Market cap	P/E	Dividend yield	Annual dividend/share
2026	2026-08-25	USD 398.27M	7.5	2.5%	0.4
2025	2025-12-31	USD 343.51M	5.6	2.9%	0.4
2024	2024-12-31	USD 288.27M	n/a	3.4%	0.4
2023	2023-12-29	USD 312.47M	n/a	3.2%	0.4
2022	2022-12-30	USD 292.27M	15.0	3.4%	0.4
2021	2021-12-31	USD 369.60M	12.3	2.7%	0.4

Dividend history

Latest trailing dividend snapshot: annual dividend/share 0.4 USD, yield 2.5%.

Year	Dividends/share
FY2025	0.4 USD
FY2024	0.4 USD
FY2023	0.4 USD
FY2022	0.4 USD

About Primis Financial Corp

Primis Financial Corp. operates as the bank holding company for Primis Bank that provides various financial services to individuals, and small and medium sized businesses in the United States. The company offers deposit products, including checking, NOW, savings, and money market accounts, as well as certificates of deposits;

Related stock research

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Other Financial Services stocks

Ameris Bancorp (ABCB) ACNB Corp (ACNB) Affinity Bancshares Inc (AFBI) Alerus Financial Corp (ALRS) Amalgamated Financial Corp (AMAL) Amerant Bancorp Inc - Class A (AMTB) Arrow Financial Corp (AROW) Associated Banc-Corp (ASB) Ameriserv Financial Inc (ASRV) Ames National Corp (ATLO) Atlantic Union Bankshares Corp (AUB) Auburn National Bancorp Inc (AUBN)

Frequently asked questions

Is Primis Financial Corp overvalued or undervalued?

Bullrun's valuation model currently marks Primis Financial Corp as 33.1% undervalued.

What is Primis Financial Corp's market cap?

Primis Financial Corp's market capitalization is USD 398.27M.

What is Primis Financial Corp's P/E ratio?

Primis Financial Corp's price-to-earnings (P/E) ratio is 7.5.

Does Primis Financial Corp pay a dividend?

Primis Financial Corp has a dividend yield of 2.5%.

What does Primis Financial Corp do?

Primis Financial Corp. operates as the bank holding company for Primis Bank that provides various financial services to individuals, and small and medium sized businesses in the United States.