Skip to content

Primis Financial Corp. FRST Provision for Credit Losses

Provision for Credit Losses at other companies

SoFi Technologies, Inc. logo
SoFi Technologies, Inc.SOFI
$8.9M+56.7%
WaFd, Inc. logo
WaFd, Inc.WAFD
$4M+45.5%
JPMorgan Chase logo
JPMorgan ChaseJPM
Customers Bancorp logo
Customers BancorpCUBI
NB Bancorp, Inc. logo
NB Bancorp, Inc.NBBK
Heritage Financial logo
Heritage FinancialHFWA

Segments

By segment

See full
Primis Bank$1.53M-3.9%
Primis Mortgage$16K-42.9%

Other financials

Income statement

See full
Revenue$45.6M-22.3%
Net income$7.3M-67.7%
EPS (diluted)$0.30-67.4%

Balance sheet

See full
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

See full
Operating cash flow-$54.4M-258%
CapEx$204.0K-52.9%
Free cash flow-$54.6M-2,516%

Valuation

See full
Market cap$390.16M+58.3%
Enterprise value$521.11M+159%
P/E8.5×-53.7×
P/S1.9×+0.4×

Profitability

See full
Net margin21.9%+19.6pp
FCF margin-22.7%

Returns & leverage

See full
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:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal.

The official record: Primis Financial Corp.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

Ask your AI about Primis Financial Corp.'s provision for credit losses.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Primis Financial Corp.'s provision for credit losses?
Primis Financial Corp. (FRST) reported provision for credit losses of $1.55M in Q1 2026.
How has Primis Financial Corp.'s provision for credit losses changed year-over-year?
Primis Financial Corp.'s provision for credit losses decreased by 2.9% year-over-year, from $1.6M to $1.55M.
What is the long-term trend for Primis Financial Corp.'s provision for credit losses?
Over 4 years (2021 to 2025), Primis Financial Corp.'s provision for credit losses has grown at a 20.6% compound annual growth rate (CAGR), from -$5.8M to $12.29M.
What does provision for credit losses mean?
Represents the net change in the allowance for credit losses or the reversal of previous provisions for loan losses. This metric indicates management's assessment of the credit quality of the loan portfolio and the anticipated risk of default among borrowers.