Primis Financial Corp reports results for the quarter ended June 30 - Earnings Summary
Primis Financial Corp reports results for the quarter ended June 30 - Earnings Summary
Primis Financial Corp FRST.OQ reported quarterly adjusted earnings of 23 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 11 cents. The mean expectation of four analysts for the quarter was for earnings of 38 cents per share. Wall Street expected results to range from 34 cents to 42 cents per share.
Revenue rose 32.4% to $33.76 million from a year ago; analysts expected $34.36 million.
Primis Financial Corp's reported EPS for the quarter was 38 cents.
The company reported quarterly net income of $9.43 million.
Primis Financial Corp shares had fallen by 3.8% this quarter and gained 13.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 2% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for Primis Financial Corp is $18.00, about 12.5% above its last closing price of $15.75
This summary was machine generated from LSEG data July 23 at 09:44 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.38 | 0.23 | Missed |
Mar. 31 2026 | 0.28 | 0.33 | Beat |
Dec. 31 2025 | 1.11 | 0.10 | Missed |
Sep. 30 2025 | 0.22 | 0.28 | Beat |
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