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Primis Financial Corp. FRST Primis Bank — Information Technology And Data Processing

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Other financials

Income statement

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Revenue$45.6M-22.3%
Net income$7.3M-67.7%
EPS (diluted)$0.30-67.4%

Balance sheet

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Cash & equivalents$159.9M+180%
Total debt$290.8M+2,399%
Total equity$422.9M+20.2%
Total assets$4.3B+15.1%

Cash flow

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Operating cash flow-$54.4M-258%
CapEx$204.0K-52.9%
Free cash flow-$54.6M-2,516%

Valuation

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Market cap$390.16M+58.3%
Enterprise value$521.11M+159%
P/E8.5×-53.7×
P/S1.9×+0.4×

Profitability

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Net margin21.9%+19.6pp
FCF margin-22.7%

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:InformationTechnologyAndDataProcessing.

The official record: Primis Financial Corp.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Primis Financial Corp.'s primis bank — information technology and data processing?
Primis Financial Corp. (FRST) reported primis bank — information technology and data processing of $1.92M in Q1 2026.
How has Primis Financial Corp.'s primis bank — information technology and data processing changed year-over-year?
Primis Financial Corp.'s primis bank — information technology and data processing decreased by 29.3% year-over-year, from $2.72M to $1.92M.
What is the long-term trend for Primis Financial Corp.'s primis bank — information technology and data processing?
Over 3 years (2022 to 2025), Primis Financial Corp.'s primis bank — information technology and data processing has grown at a 18.7% compound annual growth rate (CAGR), from $5.92M to $9.89M.
What does primis bank — information technology and data processing mean?
This includes expenses related to the bank's digital infrastructure, software licensing, cybersecurity, and data management systems. As banking becomes increasingly digital, this metric reflects the bank's investment in technological capabilities and operational modernization. It is a critical indicator of the bank's commitment to maintaining competitive digital banking services.