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Primis Financial Corp. FRST Primis Bank — Labor And Related Expense

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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:LaborAndRelatedExpense.

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 — labor and related expense?
Primis Financial Corp. (FRST) reported primis bank — labor and related expense of $10.6M in Q1 2026.
How has Primis Financial Corp.'s primis bank — labor and related expense changed year-over-year?
Primis Financial Corp.'s primis bank — labor and related expense increased by 9.4% year-over-year, from $9.69M to $10.6M.
What is the long-term trend for Primis Financial Corp.'s primis bank — labor and related expense?
Over 3 years (2022 to 2025), Primis Financial Corp.'s primis bank — labor and related expense has grown at a 2.8% compound annual growth rate (CAGR), from $40.42M to $43.89M.
What does primis bank — labor and related expense mean?
This represents the total costs associated with employee compensation, including salaries, benefits, and payroll-related taxes for the banking segment. It is typically the largest component of noninterest operating expenses. Monitoring this helps evaluate the bank's operational efficiency and its ability to manage human capital costs relative to revenue growth.