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Primis Financial Corp. FRST Primis Bank — Interest Expense Operating

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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:InterestExpenseOperating.

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 — interest expense operating?
Primis Financial Corp. (FRST) reported primis bank — interest expense operating of $19.58M in Q1 2026.
How has Primis Financial Corp.'s primis bank — interest expense operating changed year-over-year?
Primis Financial Corp.'s primis bank — interest expense operating decreased by 0.5% year-over-year, from $19.69M to $19.58M.
What is the long-term trend for Primis Financial Corp.'s primis bank — interest expense operating?
Over 3 years (2022 to 2025), Primis Financial Corp.'s primis bank — interest expense operating has grown at a 72.4% compound annual growth rate (CAGR), from $15.94M to $81.61M.
What does primis bank — interest expense operating mean?
This represents the total costs incurred by the bank to fund its operations, primarily through interest paid on customer deposits and other borrowed funds. It reflects the bank's cost of capital and is a critical component in determining the net interest margin. Higher expenses relative to income may indicate increased competition for deposits or a rising interest rate environment.