Skip to content
Screener

Primis Financial Corp. FRST Provision for Credit Losses

Provision for Credit Losses at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
$2.52B-11.7%
Truist Financial logo
Truist FinancialTFC
$395M-19.1%
SoFi Technologies, Inc. logo
SoFi Technologies, Inc.SOFI
$13.76M+37.1%
PCB Bancorp logo
PCB BancorpPCB
$128K+93.9%
Customers Bancorp logo
Customers BancorpCUBI
$600K-62.5%
FB Bancorp, Inc. logo
FB Bancorp, Inc.FBLA

Segments

By segment

See full
Primis Bank$5.46M-34.2%
Primis Mortgage-$10K-136%

Other financials

Income statement

See full
Revenue$55.8M+29.1%
Net income$9.4M+287%
EPS (diluted)$0.38+280%

Balance sheet

See full
Cash & equivalents$176.8M+88.0%
Total debt$360.6M+3,121%
Total equity$422.9M+20.2%
Total assets$4.4B+12.4%

Cash flow

See full
Operating cash flow-$5.7M+86.1%
CapEx$298.0K-31.3%
Free cash flow-$6.0M-366%

Valuation

See full
Market cap$404.28M+46.2%
Enterprise value$588.03M+206%
P/E7.6×-85.6×
P/S1.8×+0.3×

Profitability

See full
Net margin23.8%+22.1pp
FCF margin-25.1%

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 source filing: Primis Financial Corp.’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:01 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-092672
Line itemFor the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Interest on other borrowings3,1791,9506,1293,917
Total interest expense22,56722,44744,01943,806
Net interest income33,75525,18065,82951,544
Provision for credit losses5,4528,3037,0019,899
Net interest income after provision for credit losses28,30316,87758,82841,645
Noninterest income:
Account maintenance and deposit service fees1,6991,6752,9453,014
Income from bank-owned life insurance7294381,201863

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is Primis Financial Corp.'s provision for credit losses?
Primis Financial Corp. (FRST) reported provision for credit losses of $5.45M in Q2 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 34.3% year-over-year, from $8.3M to $5.45M.
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.

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