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

Other segment segments

Primis Bank
$10.6M+9.4%

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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 mortgage — labor and related expense?
Primis Financial Corp. (FRST) reported primis mortgage — labor and related expense of $8.71M in Q1 2026.
How has Primis Financial Corp.'s primis mortgage — labor and related expense changed year-over-year?
Primis Financial Corp.'s primis mortgage — labor and related expense increased by 86.2% year-over-year, from $4.68M to $8.71M.
What is the long-term trend for Primis Financial Corp.'s primis mortgage — labor and related expense?
Over 3 years (2022 to 2025), Primis Financial Corp.'s primis mortgage — labor and related expense has grown at a 53.3% compound annual growth rate (CAGR), from $7.82M to $28.17M.
What does primis mortgage — labor and related expense mean?
Captures the total costs associated with personnel, including salaries, benefits, and incentives for employees supporting the mortgage segment. It is a primary driver of operating overhead and reflects the human capital investment required to maintain mortgage operations.