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Primis Financial Corp. FRST Bank Owned Life Insurance Earnings

Bank Owned Life Insurance Earnings at other companies

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$708K+13.3%
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$1.12M+21.9%
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$3.69M+25.9%
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$1.89M+15.4%
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ACNBACNB
$737K+27.1%

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 frst:BankOwnedLifeInsuranceEarnings.

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 bank owned life insurance earnings?
Primis Financial Corp. (FRST) reported bank owned life insurance earnings of $472K in Q1 2026.
How has Primis Financial Corp.'s bank owned life insurance earnings changed year-over-year?
Primis Financial Corp.'s bank owned life insurance earnings increased by 11.1% year-over-year, from $425K to $472K.
What is the long-term trend for Primis Financial Corp.'s bank owned life insurance earnings?
Over 4 years (2021 to 2025), Primis Financial Corp.'s bank owned life insurance earnings has grown at a 1.5% compound annual growth rate (CAGR), from $1.68M to $1.79M.
What does bank owned life insurance earnings mean?
Captures the income generated from the cash surrender value growth or death benefit proceeds of life insurance policies held by the bank on its employees or executives. This represents a tax-advantaged source of non-interest income for financial institutions.