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Primis Financial Corp. FRST Primis Mortgage — Net Income Loss

Other segment segments

Primis Bank
$9.18M+413%

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Other financials

Income statement

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Revenue$55.8M+29.1%
Net income$9.4M+287%
EPS (diluted)$0.38+280%

Balance sheet

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Cash & equivalents$176.8M+88.0%
Total debt$360.6M+3,121%
Total equity$422.9M+20.2%
Total assets$4.4B+12.4%

Cash flow

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Operating cash flow-$5.7M+86.1%
CapEx$298.0K-31.3%
Free cash flow-$6.0M-366%

Valuation

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Market cap$404.28M+47.5%
Enterprise value$588.03M+208%
P/E7.6×-84.8×
P/S1.8×+0.3×

Profitability

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Net margin23.8%+22.1pp
FCF margin-25.1%

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 source filing: Primis Financial Corp.’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:01 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-092672
($ in thousands)As of and for the three months ended June 30, 2026 / Primis MortgageAs of and for the three months ended June 30, 2026 / Primis BankAs of and for the three months ended June 30, 2026 / Other (1)As of and for the three months ended June 30, 2026 / ConsolidatedAs of and for the six months ended June 30, 2026 / Primis MortgageAs of and for the six months ended June 30, 2026 / Primis BankAs of and for the six months ended June 30, 2026 / Other (1)As of and for the six months ended June 30, 2026 / Consolidated Company
Salaries and benefits9,52910,13760120,26718,24120,73884439,823
Data processing expense3172,0252,3425833,9474,530
Other operating expenses1,59213,84715915,5983,09824,24826227,608
Total noninterest expenses11,43826,00976038,20721,92248,9331,10671,961
Income (loss) before income taxes3,30310,744(1,917)12,1305,93920,603(4,086)22,456
Income tax expense7691,5633722,7041,3863,6546785,718
Net income (loss) attributable to Primis' common stockholders$2,534$9,181$(2,289)$9,426$4,553$16,949$(4,764)$16,738
Total assets$236,116$4,325,080$(207,582)$4,353,614$236,116$4,325,080$(207,582)$4,353,614

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is Primis Financial Corp.'s primis mortgage — net income loss?
Primis Financial Corp. (FRST) reported primis mortgage — net income loss of $2.53M in Q2 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 240.1% year-over-year, from $745K to $2.53M.
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.

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