FRST RSI Chart
Last 7 days
2.0%
Last 30 days
-10.5%
Last 90 days
-13.1%
Trailing 12 Months
12.0%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 146.7M | 171.1M | 189.0M | 0 |
2022 | 109.5M | 111.1M | 115.9M | 126.1M |
2021 | 119.6M | 117.6M | 116.7M | 113.2M |
2020 | 118.7M | 117.0M | 115.2M | 117.8M |
2019 | 121.2M | 121.9M | 122.3M | 120.5M |
2018 | 99.0M | 114.5M | 115.7M | 118.9M |
2017 | 49.8M | 51.8M | 68.0M | 83.6M |
2016 | 45.8M | 47.4M | 48.8M | 49.8M |
2015 | 39.9M | 41.7M | 42.9M | 43.7M |
2014 | 34.7M | 35.1M | 36.2M | 38.1M |
2013 | 37.5M | 36.7M | 35.9M | 35.1M |
2012 | 34.6M | 36.2M | 37.4M | 37.6M |
2011 | 36.0M | 35.2M | 35.4M | 33.6M |
2010 | 0 | 28.0M | 32.2M | 36.3M |
2009 | 0 | 0 | 0 | 23.9M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 14, 2024 | biagas john fitzgerald | bought | 24,897 | 11.856 | 2,100 | - |
Mar 14, 2024 | cook william rand | bought | 24,971 | 11.835 | 2,110 | - |
Mar 13, 2024 | kabbash charles a | bought | 25,112 | 12.4014 | 2,025 | - |
Mar 13, 2024 | cook william rand | bought | 20,130 | 12.2 | 1,650 | - |
Mar 13, 2024 | biagas john fitzgerald | bought | 19,979 | 12.22 | 1,635 | - |
Mar 12, 2024 | kabbash charles a | bought | 42,394 | 12.5056 | 3,390 | - |
Mar 12, 2024 | fulk rickey allen | bought | 24,245 | 12.1225 | 2,000 | evp, president |
Mar 12, 2024 | kabbash charles a | bought | 511 | 12.775 | 40.00 | - |
Aug 10, 2023 | kabbash charles a | bought | 31,059 | 9.82889 | 3,160 | - |
Which funds bought or sold FRST recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 16, 2024 | Atlantic Union Bankshares Corp | unchanged | - | -27,182 | 675,106 | 0.06% |
Apr 16, 2024 | TOTH FINANCIAL ADVISORY CORP | unchanged | - | -332 | 8,252 | -% |
Apr 09, 2024 | MASSMUTUAL TRUST CO FSB/ADV | unchanged | - | -32.00 | 791 | -% |
Apr 05, 2024 | CWM, LLC | added | 9.23 | - | 6,000 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 3.76 | 5,286,780 | 13,928,800 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 139 | 757,487 | 1,035,840 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -0.42 | 45,092 | 127,537 | -% |
Feb 23, 2024 | MENDON CAPITAL ADVISORS CORP | new | - | 13,196,800 | 13,196,800 | 5.47% |
Feb 16, 2024 | GSA CAPITAL PARTNERS LLP | reduced | -16.24 | 153,000 | 659,000 | 0.06% |
Feb 16, 2024 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | unchanged | - | 39,686 | 110,686 | -% |
Unveiling Primis Financial Corp.'s Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Primis Financial Corp.)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 535.2B | 171.1B | 10.8 | 3.13 | ||||
BAC | 291.1B | 130.3B | 10.98 | 2.23 | ||||
WFC | 216.0B | 85.7B | 11.28 | 2.52 | ||||
C | 113.1B | 133.3B | 12.25 | 0.85 | ||||
CFG | 15.6B | 10.2B | 9.7 | 1.53 | ||||
KEY | 13.7B | 7.9B | 14.14 | 1.72 | ||||
MID-CAP | ||||||||
CMA | 6.8B | 4.2B | 7.76 | 1.64 | ||||
ZION | 5.9B | 3.9B | 8.69 | 1.5 | ||||
ABCB | 3.2B | 1.3B | 11.87 | 2.5 | ||||
ASB | 3.1B | 2.0B | 16.97 | 1.59 | ||||
SMALL-CAP | ||||||||
AMNB | 497.6M | 120.2M | 19.02 | 4.14 | ||||
ALRS | 409.6M | 164.9M | 35.02 | 2.48 | ||||
AROW | 377.2M | 162.6M | 12.54 | 2.32 | ||||
ACNB | 276.3M | 96.6M | 8.72 | 2.86 | ||||
ASRV | 47.0M | 60.9M | -14.04 | 0.77 |
Primis Financial Corp. News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Revenue | -4.2% | 50.00 | 53.00 | 47.00 | 39.00 | 33.00 | 28.00 | 27.00 | 29.00 | 28.00 | 27.00 | 30.00 | 32.00 | 29.00 | 29.00 | 28.00 | 29.00 | 30.00 | 30.00 | 30.00 | 31.00 | 30.00 |
EBITDA Margin | -15.3% | 0.64* | 0.75* | 0.91* | 1.01* | 1.10* | 1.12* | 1.16* | 1.18* | 1.18* | 1.17* | 1.11* | 1.00* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 3.7% | 27.00 | 26.00 | 28.00 | 30.00 | 27.00 | 25.00 | 23.00 | 24.00 | 23.00 | 22.00 | 25.00 | 26.00 | 23.00 | 22.00 | 21.00 | 21.00 | 21.00 | 21.00 | 21.00 | 23.00 | 23.00 |
Income Taxes | 8790.9% | 2.00 | -0.02 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 0.00 | 1.00 | 2.00 | 1.00 | 2.00 | 3.00 | 2.00 |
Earnings Before Taxes | -688.1% | -1.65 | -0.21 | 7.00 | 4.00 | 6.00 | 6.00 | 6.00 | 10.00 | 8.00 | 11.00 | 11.00 | 12.00 | 8.00 | 6.00 | 0.00 | 10.00 | 11.00 | 10.00 | 8.00 | 11.00 | 11.00 |
EBT Margin | -51.6% | 0.05* | 0.10* | 0.16* | 0.18* | 0.25* | 0.27* | 0.32* | 0.35* | 0.36* | 0.36* | 0.31* | 0.22* | - | - | - | - | - | - | - | - | - |
Net Income | -1797.3% | -3.57 | -0.19 | 6.00 | 3.00 | 5.00 | 5.00 | 5.00 | 8.00 | 4.00 | 10.00 | 9.00 | 9.00 | 10.00 | 5.00 | 0.00 | 9.00 | 9.00 | 9.00 | 6.00 | 8.00 | 9.00 |
Net Income Margin | -65.8% | 0.03* | 0.08* | 0.13* | 0.14* | 0.19* | 0.19* | 0.24* | 0.28* | 0.28* | 0.33* | 0.27* | 0.20* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 75.9% | -5.87 | -24.30 | -11.62 | -10.35 | 10.00 | 9.00 | 3.00 | 5.00 | 8.00 | 4.00 | 8.00 | 19.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Assets | -0.9% | 3,814 | 3,848 | 4,205 | 3,569 | 3,357 | 3,237 | 3,220 | 3,407 | 3,452 | 3,395 | 3,330 | 3,089 | 3,155 | 3,072 | 2,763 | 2,722 | 2,699 | 2,724 | 2,704 | 2,701 | 2,703 |
Cash Equivalents | -6.9% | 94.00 | 101 | 607 | 78.00 | 98.00 | 71.00 | 298 | 530 | 651 | 621 | 480 | 196 | 149 | 83.00 | 56.00 | 32.00 | 49.00 | 33.00 | 32.00 | 29.00 | 34.00 |
Net PPE | -1.7% | 25.00 | 25.00 | 25.00 | 25.00 | 26.00 | 26.00 | 30.00 | 30.00 | 31.00 | 30.00 | 30.00 | 30.00 | 31.00 | 31.00 | 31.00 | 31.00 | 31.00 | 31.00 | 31.00 | 32.00 | 33.00 |
Goodwill | -10.7% | 93.00 | 105 | 105 | 105 | 105 | 105 | 102 | 102 | 102 | 102 | 102 | 102 | 102 | 102 | 102 | 102 | 102 | 102 | 102 | 102 | 102 |
Liabilities | -0.7% | 3,431 | 3,455 | 3,805 | 3,177 | 2,965 | 2,838 | 2,816 | 2,995 | 3,044 | 2,988 | 2,932 | 2,698 | 2,766 | 2,691 | 2,384 | 2,345 | 2,328 | 2,362 | 2,352 | 2,353 | 2,362 |
Shareholder's Equity | -2.6% | 383 | 393 | 398 | 392 | 390 | 397 | 402 | 410 | 409 | 407 | 398 | 391 | 389 | 382 | 379 | 377 | 371 | 363 | 353 | 348 | 341 |
Retained Earnings | -5.7% | 100 | 106 | 111 | 105 | 107 | 104 | 102 | 99.00 | 94.00 | 93.00 | 85.00 | 78.00 | 76.00 | 69.00 | 67.00 | 69.00 | 63.00 | 56.00 | 48.00 | 45.00 | 39.00 |
Additional Paid-In Capital | 0.0% | 313 | 313 | 313 | 313 | 312 | 312 | 312 | 311 | 311 | 311 | 311 | 309 | 309 | 309 | 308 | 307 | 307 | 306 | 306 | 306 | 306 |
Shares Outstanding | 0.0% | 25.00 | 25.00 | - | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 24.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | - | - | 298 | - | - | - | 334 | - | - | - | 231 | - | - | - | 347 | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Cashflow From Operations | 68.9% | -7,272 | -23,358 | -11,155 | -10,044 | 10,623 | 9,483 | 3,043 | 5,208 | 9,027 | 4,604 | 8,849 | 18,831 | -1,490 | 1,468 | 10,291 | 9,474 | 12,041 | 3,801 | 11,690 | 9,678 | 11,711 |
Share Based Compensation | 4.1% | 76.00 | 73.00 | 108 | -564 | 116 | 92.00 | 751 | 106 | 84.00 | 75.00 | 482 | 58.00 | 92.00 | -11.00 | 1,404 | 80.00 | 85.00 | 163 | 104 | -47.00 | 158 |
Cashflow From Investing | 120.5% | 26,413 | -129,005 | -75,703 | -218,275 | -106,522 | -235,900 | -56,814 | -80,528 | -34,326 | 80,182 | 40,381 | 97,934 | -3,169 | -280,486 | -18,552 | -44,274 | 41,794 | -15,460 | 12,922 | -7,346 | 4,096 |
Cashflow From Financing | 92.6% | -26,144 | -353,894 | 616,124 | 208,440 | 122,916 | -1,092 | -178,166 | -49,695 | 54,578 | 56,180 | 235,149 | -70,415 | 71,345 | 305,739 | 32,198 | 18,398 | -38,351 | 12,906 | -21,382 | -8,184 | -33,507 |
Dividend Payments | 0.0% | 2,469 | 2,468 | 2,469 | 2,466 | 2,465 | 2,465 | 2,457 | 2,458 | 2,454 | 2,453 | 2,442 | 2,437 | 2,437 | 2,435 | 2,428 | 2,176 | 2,173 | 2,171 | 2,170 | 1,924 | 1,925 |
Buy Backs | - | - | - | 12.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF (LOSS) INCOME AND COMPREHENSIVE INCOME - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | |
Interest and dividend income: | ||||
Interest and fees on loans | $ 47,771 | $ 30,488 | $ 133,047 | $ 81,548 |
Interest and dividends on taxable securities | 1,491 | 1,417 | 4,423 | 4,082 |
Interest and dividends on tax exempt securities | 102 | 101 | 305 | 311 |
Interest and dividends on other earning assets | 1,122 | 555 | 12,504 | 1,409 |
Total interest and dividend income | 50,486 | 32,561 | 150,279 | 87,350 |
Interest expense: | ||||
Interest on deposits | 21,576 | 3,287 | 61,403 | 7,971 |
Interest on other borrowings | 1,785 | 1,859 | 7,229 | 4,558 |
Total interest expense | 23,361 | 5,146 | 68,632 | 12,529 |
Net interest income | 27,125 | 27,415 | 81,647 | 74,821 |
Provision for credit losses | 1,648 | 2,890 | 11,136 | 3,411 |
Net interest income after provision for credit losses | 25,477 | 24,525 | 70,511 | 71,410 |
Noninterest income: | ||||
Account maintenance and deposit service fees | 1,503 | 1,525 | 4,149 | 4,318 |
Income from bank-owned life insurance | 787 | 394 | 1,601 | 1,147 |
Mortgage banking income | 4,922 | 2,197 | 14,435 | 2,790 |
Gain on sale of loans | 451 | 1,111 | 0 | |
Credit enhancement income | 2,047 | 1,220 | 8,085 | 1,220 |
Other noninterest income | 232 | 284 | 579 | 865 |
Total noninterest income | 9,942 | 5,620 | 29,960 | 10,340 |
Noninterest expenses: | ||||
Salaries and benefits | 13,809 | 12,594 | 44,120 | 32,792 |
Occupancy expenses | 1,633 | 1,402 | 4,671 | 4,277 |
Furniture and equipment expenses | 1,537 | 1,455 | 4,966 | 3,683 |
Amortization of intangible assets | 317 | 326 | 952 | 1,008 |
Virginia franchise tax expense | 849 | 813 | 2,546 | 2,440 |
FDIC insurance assessment | 820 | 199 | 2,254 | 658 |
Data processing expense | 2,250 | 1,528 | 7,329 | 4,311 |
Marketing expense | 377 | 938 | 1,467 | 2,134 |
Telephone and communication expense | 356 | 342 | 1,149 | 1,090 |
Professional fees | 1,118 | 1,261 | 3,055 | 3,182 |
Credit enhancement costs | 337 | 1,725 | ||
Goodwill impairment | 11,150 | 11,150 | ||
Other operating expenses | 2,521 | 2,903 | 9,646 | 7,695 |
Total noninterest expenses | 37,074 | 23,761 | 95,030 | 63,270 |
(Loss) income before income taxes | (1,655) | 6,384 | 5,441 | 18,480 |
Income tax expense | 1,912 | 1,359 | 3,243 | 3,971 |
Net income | (3,567) | 5,025 | 2,198 | 14,509 |
Other comprehensive loss: | ||||
Unrealized loss on available-for-sale securities | (5,557) | (12,068) | (5,850) | (36,167) |
Tax benefit | (1,167) | (2,534) | (1,229) | (7,595) |
Other comprehensive loss | (4,390) | (9,534) | (4,621) | (28,572) |
Comprehensive loss | $ (7,957) | $ (4,509) | $ (2,423) | $ (14,063) |
(Loss) earnings per share, basic (in dollars per share) | $ (0.14) | $ 0.21 | $ 0.09 | $ 0.60 |
(Loss) earnings per share, diluted (in dollars per share) | $ (0.14) | $ 0.20 | $ 0.09 | $ 0.59 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Sep. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Cash and cash equivalents: | ||
Cash and due from financial institutions | $ 23,966 | $ 6,868 |
Interest-bearing deposits in other financial institutions | 69,899 | 70,991 |
Total cash and cash equivalents | 93,865 | 77,859 |
Securities available-for-sale, at fair value (amortized cost of $255,446 and $269,036, respectively) | 216,875 | 236,315 |
Securities held-to-maturity, at amortized cost (fair value of $10,582 and $12,449, respectively) | 11,975 | 13,520 |
Loans held for sale, at fair value | 57,511 | 27,626 |
Loans held for sale, at lower of cost or market | 8,755 | 0 |
Total loans held for sale | 66,266 | 27,626 |
Loans held for investment | 3,145,867 | 2,946,637 |
Less: allowance for credit losses | (35,767) | (34,544) |
Net loans | 3,110,100 | 2,912,093 |
Stock in Federal Reserve Bank (FRB) and Federal Home Loan Bank (FHLB) | 12,796 | 25,815 |
Bank premises and equipment, net | 24,878 | 25,257 |
Goodwill | 93,459 | 104,609 |
Intangible assets, net | 2,282 | 3,254 |
Bank-owned life insurance | 67,176 | 67,201 |
Deferred tax assets, net | 22,456 | 18,289 |
Other assets | 91,647 | 57,661 |
Total assets | 3,813,775 | 3,569,499 |
LIABILITIES AND STOCKHOLDERS' EQUITY | ||
Noninterest-bearing demand deposits | 490,719 | 582,556 |
Interest-bearing deposits: | ||
NOW accounts | 803,276 | 617,687 |
Money market accounts | 800,951 | 811,365 |
Savings accounts | 746,608 | 245,713 |
Time deposits | 451,850 | 465,057 |
Total interest-bearing deposits | 2,802,685 | 2,139,822 |
Total deposits | 3,293,404 | 2,722,378 |
Securities sold under agreements to repurchase | 3,838 | 6,445 |
FHLB advances | 0 | 325,000 |
Junior subordinated debt | 9,818 | 9,781 |
Senior subordinated notes | 85,706 | 85,531 |
Other liabilities | 38,143 | 27,999 |
Total liabilities | 3,430,909 | 3,177,134 |
Commitments and contingencies (See Note 8) | ||
Stockholders' equity: | ||
Preferred stock, $0.01 par value. Authorized 5,000,000 shares; no shares issued and outstanding | ||
Common stock, $0.01 par value. Authorized 45,000,000 shares; 24,686,764 and 24,680,097 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively | 246 | 246 |
Additional paid in capital | 313,052 | 312,722 |
Retained earnings | 100,039 | 105,247 |
Accumulated other comprehensive loss | (30,471) | (25,850) |
Total stockholders' equity | 382,866 | 392,365 |
Total liabilities and stockholders' equity | $ 3,813,775 | $ 3,569,499 |