Primis Financial Corp. FRST Provision for Credit Losses
Provision for Credit Losses at other companies
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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 →
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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?
- Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.