Headquartered in Mclean, VA Fiscal year ends December NASDAQ: FRST primisbank.com
Primis Financial Corp. (NASDAQ: FRST) is the parent company of Primis Bank, a community bank operating 24 full-service branches in Virginia and Maryland. The company operates a diversified financial services model with several distinct business lines: a Core Community Bank focused on residential builders, C&I, and owner-occupied commercial real estate lending with low-cost core deposits; Panacea Financial, a nationwide digital banking division serving over 7,500 medical professionals and their practices, ranked #1 as 'Bank for Doctors' on Google; a Mortgage Warehouse Lending division with $2.0 billion in commitments across 183 customers; Primis Mortgage, a residential mortgage origination business; and a Digital Deposit Platform providing scalable nationwide deposit gathering with approximately $1.0 billion in balances. The bank also offers a proprietary 'Banking Valet' branch delivery technology used extensively by commercial customers. As of September 30, 2026, Primis had $4.3 billion in total assets, $3.5 billion in loans held for investment, and $3.5 billion in total deposits. Updated
A 37% collapse in the retail mortgage pipeline left Primis EPS missing expectations, even as the top line cleared estimates. CEO Dennis Zember says the bank would have hit its return-on-assets target without the mortgage disruption, with vendor savings arriving in early 2027. Keep an eye on the stock as margins fight the mortgage drag.
Seven small-bank stocks share the same ex-dividend date this Friday, and missing it by a single day means the August payment goes to whoever sold you the shares. The window is closing…
Primis Financial Corp. (NASDAQ: FRST) is the parent company of Primis Bank, a community bank operating 24 full-service branches in Virginia and Maryland.
The Wall Street consensus 12-month price target for FRST is $18.94.
