Primis Financial (FRST) Projected to Announce Quarterly Earnings on Thursday

Primis Financial (NASDAQ:FRST) is expected to announce its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect Primis Financial to announce earnings of $0.41 per share and revenue of $48.7680 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Friday, July 24, 2026 at 10:00 AM ET.

Primis Financial (NASDAQ:FRST) last issued its quarterly earnings data on Thursday, April 23rd. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.01. Primis Financial had a return on equity of 4.98% and a net margin of 19.71%.The firm had revenue of $45.63 million during the quarter, compared to the consensus estimate of $43.87 million. On average, analysts expect Primis Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Primis Financial Price Performance

Shares of NASDAQ FRST opened at $16.05 on Wednesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.02 and a quick ratio of 0.96. The firm has a market capitalization of $399.32 million, a PE ratio of 7.57 and a beta of 0.72. Primis Financial has a 1-year low of $9.55 and a 1-year high of $16.77. The business’s fifty day moving average price is $15.25 and its two-hundred day moving average price is $14.21.

Primis Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were given a $0.10 dividend. The ex-dividend date was Friday, May 8th. This represents a $0.40 annualized dividend and a yield of 2.5%. Primis Financial’s dividend payout ratio is 18.87%.

Institutional Investors Weigh In On Primis Financial

Several hedge funds have recently made changes to their positions in FRST. Royal Bank of Canada lifted its holdings in shares of Primis Financial by 12.6% in the first quarter. Royal Bank of Canada now owns 24,875 shares of the company’s stock valued at $243,000 after purchasing an additional 2,790 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Primis Financial by 25.5% in the 1st quarter. AQR Capital Management LLC now owns 23,904 shares of the company’s stock valued at $234,000 after purchasing an additional 4,864 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Primis Financial by 11.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,072 shares of the company’s stock worth $128,000 after purchasing an additional 1,370 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Primis Financial by 170.4% in the first quarter. Goldman Sachs Group Inc. now owns 248,639 shares of the company’s stock worth $2,429,000 after purchasing an additional 156,703 shares in the last quarter. Finally, Empowered Funds LLC boosted its holdings in shares of Primis Financial by 65.3% during the first quarter. Empowered Funds LLC now owns 26,621 shares of the company’s stock worth $260,000 after purchasing an additional 10,515 shares during the period. Hedge funds and other institutional investors own 74.96% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on FRST shares. Weiss Ratings raised Primis Financial from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Raymond James Financial assumed coverage on shares of Primis Financial in a research note on Thursday, June 25th. They issued a “strong-buy” rating and a $19.00 price target for the company. Keefe, Bruyette & Woods began coverage on shares of Primis Financial in a research note on Monday, April 20th. They set an “outperform” rating and a $17.00 price objective on the stock. Finally, Wall Street Zen cut Primis Financial from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $18.00.

About Primis Financial

Primis Financial Corporation is a bank holding company headquartered in Waycross, Georgia, operating through its wholly owned subsidiary, Primis Bank. The company offers a full suite of commercial and retail banking services tailored to meet the needs of individuals, small businesses, and agricultural clients across its service area. Primis Bank focuses on building relationships within the communities it serves, positioning itself as a local financial partner for deposit-taking, lending, and treasury management solutions.

Primis Bank maintains a network of branch offices throughout southeastern Georgia, serving a combination of rural and suburban markets.