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Primis Financial Corp. FRST Compensation and benefits

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Segments

By segment

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Primis Bank$10.14M+11.0%
Primis Mortgage$9.53M+23.3%

Other financials

Income statement

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Revenue$55.8M+29.1%
Net income$9.4M+287%
EPS (diluted)$0.38+280%

Balance sheet

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Cash & equivalents$176.8M+88.0%
Total debt$360.6M+3,121%
Total equity$422.9M+20.2%
Total assets$4.4B+12.4%

Cash flow

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Operating cash flow-$5.7M+86.1%
CapEx$298.0K-31.3%
Free cash flow-$6.0M-366%

Valuation

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Market cap$404.28M+46.2%
Enterprise value$588.03M+206%
P/E7.6×-85.6×
P/S1.8×+0.3×

Profitability

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Net margin23.8%+22.1pp
FCF margin-25.1%

Returns & leverage

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Return on equity15.9%+13.0pp
Debt / equity0.2×+0.2×

Where this comes from

Reported directly by Primis Financial Corp. in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The source filing: Primis Financial Corp.’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:01 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-092672
Line itemFor the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Other noninterest income7979144696
Total noninterest income22,03418,03035,58950,365
Noninterest expenses:
Salaries and benefits20,26717,06039,82335,001
Occupancy expenses2,6461,3185,1982,746
Furniture and equipment expenses2,1531,8094,2183,666
Virginia franchise tax expense6955771,3061,154
FDIC insurance assessment8541,0211,5921,814

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is Primis Financial Corp.'s compensation and benefits?
Primis Financial Corp. (FRST) reported compensation and benefits of $20.27M in Q2 2026.
How has Primis Financial Corp.'s compensation and benefits changed year-over-year?
Primis Financial Corp.'s compensation and benefits increased by 18.8% year-over-year, from $17.06M to $20.27M.
What is the long-term trend for Primis Financial Corp.'s compensation and benefits?
Over 4 years (2021 to 2025), Primis Financial Corp.'s compensation and benefits has grown at a 21.1% compound annual growth rate (CAGR), from $36.74M to $79.06M.
What does compensation and benefits mean?
Total employee-related costs including salaries, wages, bonuses, commissions, stock-based compensation, health insurance, retirement contributions, and payroll taxes.

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