Primis Financial Corp.(FRST)Stock Analysis
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Pending next ranking run
This company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. Rankings refresh on Jan 1, Apr 1, Jul 1, Oct 1.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
FRST Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Primis Financial Corp. (FRST), a Financials sector company. FRST is not currently included in 13F Pro's AI-ranked quality universe — this company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. rankings refresh on jan 1, apr 1, jul 1, oct 1. Based on the latest XBRL financial filings (Q1 2026), Primis Financial Corp. reports quarterly revenue of $45.6M, net income of $7.3M, free cash flow of $-54.6M. Top institutional holders of FRST by reported 13-F value include BlackRock,, ALLIANCEBERNSTEIN L.P., MENDON CAPITAL ADVISORS, based on the most recent SEC filings. FRST trades on the Nasdaq exchange and files with the SEC under CIK 1325670. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FRST daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Primis Financial Corp. directly from SEC EDGAR.
Revenue
Q1 2026
$45.6M
Net Income
Q1 2026
$7.3M
Free Cash Flow
Q1 2026
$-54.6M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Net Income
+784612.3% YoYEPS (Diluted)
+878.1% YoYTotal Assets
+4.9% YoYOp. Cash Flow
-62.6% YoY| Metric | FY 2025 | FY 2023 | FY 2022 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|
| Net Income | $61.4M +784612.3% | $-7.8K -100.1% | $14.1M +37.2% | $10.3M +11.0% | $9.3M +24.1% | $7.5M |
| EPS (Diluted) | $2.49 +878.1% | $-0.32 -156.1% | $0.57 +37.3% | $0.41 +10.7% | $0.38 +19.0% | $0.32 |
| Total Assets | $4.05B +4.9% | $3.86B +8.0% | $3.57B +212.4% | $1.14B +10.3% | $1.04B +13.0% | $916.6M |
| Operating Cash Flow | $10.8M -62.6% | $28.8M +131.8% | $12.4M -31.0% | $18.0M +47.5% | $12.2M | — |
AI Insight: FRST Financial Trends
Equity climbed to $423M in Q4 2025 — a multi-quarter high — but Q1 2026 operating cash flow collapsed to -$54M, the worst in the dataset.
• Net income swung from -$23M in Q4 2024 to $30M in Q4 2025, the strongest quarterly profit in the dataset.
• Equity grew from $352M in Q4 2024 to $423M in Q4 2025, recovering and surpassing prior levels.
• Operating cash flow is highly volatile, ranging from -$54M in Q1 2026 to $51M in Q2 2024, with no stable trend.
⚠ Operating cash flow hit -$54M in Q1 2026, the worst reading in the dataset, despite positive net income of $7M.
⚠ Net income of $7M in Q1 2026 marks a sharp deceleration from $30M in Q4 2025 — sustainability of earnings recovery is unproven.
⚠ Equity data is missing for Q1 2026, limiting visibility into whether Q4 2025's $423M balance sheet strength persisted.
AI Insight: FRST Ratio Trends
Primis Financial swings to strong Q4 2025 profitability with ROE of 27.9% and ROIC of 34.3%, but Q1 2026 ROA slips to 0.7%, signaling potential normalization.
• ROE rebounded sharply from -26.5% in Q4 2024 to 27.9% in Q4 2025, a 54pp swing year-over-year.
• ROIC recovered from a trough of -36.5% in Q4 2024 to 34.3% in Q4 2025, the highest level in the observed period.
• ROA declined from 2.9% in Q4 2025 to 0.7% in Q1 2026, suggesting early-quarter earnings softness.
⚠ Q4 2024 produced severely negative ROE (-26.5%) and ROIC (-36.5%) — monitor whether the underlying one-off has fully resolved.
⚠ ROA dropped from 2.9% in Q4 2025 to 0.7% in Q1 2026; confirm whether this is seasonal or a trend reversal.
⚠ TTM ROA of 1.1% is modest relative to Q4 2025 peak — quarterly volatility remains high, warranting close earnings-quality scrutiny.
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Available Research
13F Pro tracks comprehensive data for Primis Financial Corp. including:
Top Institutional Holders of FRST
BlackRock, Inc.
$27.1M2,038,564 shALLIANCEBERNSTEIN L.P.
$16.6M1,192,850 shMENDON CAPITAL ADVISORS CORP
$16.3M1,224,543 shPatriot Financial Partners GP II, L.P.
$16.2M1,217,531 shDIMENSIONAL FUND ADVISORS LP
$15.7M1,185,793 shNorth Reef Capital Management LP
$15.1M1,135,281 shRMB Capital Management, LLC
$13.3M1,004,288 shVANGUARD CAPITAL MANAGEMENT LLC
$13.1M987,787 shMALTESE CAPITAL MANAGEMENT LLC
$12.5M945,000 shBANC FUNDS CO LLC
$11.6M872,961 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $27.1M | 2,038,564 |
| ALLIANCEBERNSTEIN L.P. | $16.6M | 1,192,850 |
| MENDON CAPITAL ADVISORS CORP | $16.3M | 1,224,543 |
| Patriot Financial Partners GP II, L.P. | $16.2M | 1,217,531 |
| DIMENSIONAL FUND ADVISORS LP | $15.7M | 1,185,793 |
| North Reef Capital Management LP | $15.1M | 1,135,281 |
| RMB Capital Management, LLC | $13.3M | 1,004,288 |
| VANGUARD CAPITAL MANAGEMENT LLC | $13.1M | 987,787 |
| MALTESE CAPITAL MANAGEMENT LLC | $12.5M | 945,000 |
| BANC FUNDS CO LLC | $11.6M | 872,961 |
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Popular Research
Is FRST a good stock to buy?
13F Pro's AI-powered analysis of Primis Financial Corp. (FRST) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for FRST are available on the FRST stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own FRST?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling FRST. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Primis Financial Corp.'s investment landscape.