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Primis Financial Corp. FRST Net Interest Income (After Provisions)

Net Interest Income (After Provisions) at other companies

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Segments

By segment

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Primis Bank$26.51M+58.7%
Primis Mortgage$3.35M+91.2%

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$400.51M+46.2%
Enterprise value$584.25M+206%
P/E7.5×-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:InterestIncomeExpenseAfterProvisionForLoanLoss.

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
Line itemFor the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Total interest expense22,56722,44744,01943,806
Net interest income33,75525,18065,82951,544
Provision for credit losses5,4528,3037,0019,899
Net interest income after provision for credit losses28,30316,87758,82841,645
Noninterest income:
Account maintenance and deposit service fees1,6991,6752,9453,014
Income from bank-owned life insurance7294381,201863
Gains on Panacea Financial Holdings investment4007,45040032,028

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is Primis Financial Corp.'s net interest income (after provisions)?
Primis Financial Corp. (FRST) reported net interest income (after provisions) of $28.3M in Q2 2026.
How has Primis Financial Corp.'s net interest income (after provisions) changed year-over-year?
Primis Financial Corp.'s net interest income (after provisions) increased by 67.7% year-over-year, from $16.88M to $28.3M.
What is the long-term trend for Primis Financial Corp.'s net interest income (after provisions)?
Over 3 years (2021 to 2025), Primis Financial Corp.'s net interest income (after provisions) has grown at a -0.3% compound annual growth rate (CAGR), from $99.9M to $99.14M.
What does net interest income (after provisions) mean?
This metric represents net interest income adjusted for the provision for credit losses, which is the amount set aside to cover potential future loan defaults. It provides a more accurate view of the bank's bottom-line profitability by accounting for the inherent credit risk in its loan portfolio. Investors use this to evaluate the bank's earnings quality after considering the cost of maintaining asset health.

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