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Primis Financial Corp. FRST Primis Mortgage — Net Income Loss

Other segment segments

Primis Bank
$7.77M+82.0%

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MFAMortgage-Related Assets — Net income/(loss)
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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:NetIncomeLoss.

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 — net income loss?
Primis Financial Corp. (FRST) reported primis mortgage — net income loss of $2.02M in Q1 2026.
How has Primis Financial Corp.'s primis mortgage — net income loss changed year-over-year?
Primis Financial Corp.'s primis mortgage — net income loss increased by 161.5% year-over-year, from $772K to $2.02M.
What is the long-term trend for Primis Financial Corp.'s primis mortgage — net income loss?
Over 2 years (2022 to 2025), Primis Financial Corp.'s primis mortgage — net income loss has grown at a 38.8% compound annual growth rate (CAGR), from -$2.85M to $5.49M.
What does primis mortgage — net income loss mean?
This metric represents the final bottom-line profit or loss generated by the mortgage banking segment after all operating expenses, interest costs, and taxes have been deducted. It serves as the primary measure of the segment's total financial contribution to the parent company. A positive value indicates a profitable business unit, while a negative value indicates a net loss.