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Primis Financial Corp. FRST Data processing and equipment

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Segments

By segment

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Primis Bank$1.92M-29.3%
Primis Mortgage$266K+103%

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:InformationTechnologyAndDataProcessing.

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 data processing and equipment?
Primis Financial Corp. (FRST) reported data processing and equipment of $2.19M in Q1 2026.
How has Primis Financial Corp.'s data processing and equipment changed year-over-year?
Primis Financial Corp.'s data processing and equipment decreased by 23.2% year-over-year, from $2.85M to $2.19M.
What is the long-term trend for Primis Financial Corp.'s data processing and equipment?
Over 4 years (2021 to 2025), Primis Financial Corp.'s data processing and equipment has grown at a 29.0% compound annual growth rate (CAGR), from $3.85M to $10.68M.
What does data processing and equipment mean?
Covers costs associated with maintaining core banking systems, digital infrastructure, cybersecurity, and data processing services. As banks increasingly digitize their services, this metric serves as a key indicator of investment in technological competitiveness and operational scalability.