Primis Financial Corp Stock Net Income
| FRST Stock | USD 12.50 0.09 0.71% |
Primis Financial Corp fundamentals help investors to digest information that contributes to Primis Financial's financial success or failures. It also enables traders to predict the movement of Primis Stock. The fundamental analysis module provides a way to measure Primis Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Primis Financial stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 9.9 M | 11.2 M | |
| Net Income Applicable To Common Shares | 20.4 M | 12.6 M | |
| Net Income From Continuing Ops | 5.4 M | 5.2 M | |
| Net Loss | (0.32) | (0.30) | |
| Net Income Per E B T | 0.70 | 0.80 |
Primis | Net Income |
Primis Financial Corp Company Net Income Analysis
Primis Financial's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Primis Financial Net Income | 9.94 M |
Most of Primis Financial's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Primis Financial Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Primis Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Primis Financial is extremely important. It helps to project a fair market value of Primis Stock properly, considering its historical fundamentals such as Net Income. Since Primis Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Primis Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Primis Financial's interrelated accounts and indicators.
Primis Net Income Historical Pattern
Today, most investors in Primis Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Primis Financial's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Primis Financial net income as a starting point in their analysis.
Primis Financial Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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Primis Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Primis Financial Corp reported net income of 9.94 M. This is 99.22% lower than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 98.26% higher than that of the company.
Primis Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Primis Financial's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Primis Financial could also be used in its relative valuation, which is a method of valuing Primis Financial by comparing valuation metrics of similar companies.Primis Financial is currently under evaluation in net income category among its peers.
Primis Financial ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Primis Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Primis Financial's managers, analysts, and investors.Environmental | Governance | Social |
Primis Financial Institutional Holders
Institutional Holdings refers to the ownership stake in Primis Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Primis Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Primis Financial's value.| Shares | Geode Capital Management, Llc | 2024-09-30 | 466.2 K | State Street Corp | 2024-09-30 | 423.4 K | Foundry Partners, Llc | 2024-09-30 | 393.6 K | Alliancebernstein L.p. | 2024-09-30 | 356.7 K | Renaissance Technologies Corp | 2024-09-30 | 341.6 K | Corbyn Investment Management Inc /md | 2024-09-30 | 321.1 K | Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 313.5 K | Boston Partners Global Investors, Inc | 2024-09-30 | 301 K | Fourthstone Llc | 2024-09-30 | 247.2 K | Blackrock Inc | 2024-06-30 | 2 M | Banc Funds Co Llc | 2024-09-30 | 1.7 M |
Primis Fundamentals
| Return On Equity | -0.0223 | |||
| Return On Asset | -0.0022 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 531.65 M | |||
| Shares Outstanding | 24.72 M | |||
| Shares Owned By Insiders | 3.59 % | |||
| Shares Owned By Institutions | 86.45 % | |||
| Number Of Shares Shorted | 90.09 K | |||
| Price To Earning | 9.29 X | |||
| Price To Book | 0.81 X | |||
| Price To Sales | 2.95 X | |||
| Revenue | 135.6 M | |||
| Gross Profit | 113.86 M | |||
| EBITDA | (10.14 M) | |||
| Net Income | 9.94 M | |||
| Cash And Equivalents | 71.58 M | |||
| Cash Per Share | 2.90 X | |||
| Total Debt | 115.93 M | |||
| Book Value Per Share | 15.43 X | |||
| Cash Flow From Operations | 22.3 M | |||
| Short Ratio | 1.34 X | |||
| Earnings Per Share | (0.03) X | |||
| Target Price | 15.13 | |||
| Number Of Employees | 528 | |||
| Beta | 0.75 | |||
| Market Capitalization | 309.03 M | |||
| Total Asset | 3.88 B | |||
| Retained Earnings | 84.14 M | |||
| Working Capital | (3.68 M) | |||
| Current Asset | 13.95 M | |||
| Current Liabilities | 17.62 M | |||
| Annual Yield | 0.03 % | |||
| Five Year Return | 2.67 % | |||
| Net Asset | 3.88 B | |||
| Last Dividend Paid | 0.4 |
About Primis Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Primis Financial Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Primis Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Primis Financial Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Primis Stock Analysis
When running Primis Financial's price analysis, check to measure Primis Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Primis Financial is operating at the current time. Most of Primis Financial's value examination focuses on studying past and present price action to predict the probability of Primis Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primis Financial's price. Additionally, you may evaluate how the addition of Primis Financial to your portfolios can decrease your overall portfolio volatility.