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Primis Financial Corp. FRST Gain (Loss) on Sale of Mortgage Loans

Gain (Loss) on Sale of Mortgage Loans at other companies

Customers Bancorp logo
Customers BancorpCUBI
$1.04M+52,100%
First Financial Corporation logo
First Financial CorporationTHFF
$294K+30.7%
Heritage Financial logo
Heritage FinancialHFWA
$0

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:GainLossOnSaleOfMortgageLoans.

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 gain (loss) on sale of mortgage loans?
Primis Financial Corp. (FRST) reported gain (loss) on sale of mortgage loans of $3.46M in Q1 2026.
How has Primis Financial Corp.'s gain (loss) on sale of mortgage loans changed year-over-year?
Primis Financial Corp.'s gain (loss) on sale of mortgage loans increased by 72.1% year-over-year, from $2.01M to $3.46M.
What is the long-term trend for Primis Financial Corp.'s gain (loss) on sale of mortgage loans?
Over 3 years (2022 to 2025), Primis Financial Corp.'s gain (loss) on sale of mortgage loans has grown at a 85.7% compound annual growth rate (CAGR), from $5.05M to $32.39M.
What does gain (loss) on sale of mortgage loans mean?
Represents the net profit or loss realized from the sale of mortgage loans to third-party investors in the secondary market. This is a key indicator of the bank's ability to generate non-interest income through mortgage banking activities.