Filing Flows › Financials › Primis Financial (FRST)
Primis Financial (FRST) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 9, 2026 · Primis Financial (FRST) Q3 2026 earnings results →
Q3 2026 Revenue up 20% year over year to $49.2M · 18¢ of every $1 of revenue kept as net profit · operating margin 22.2%
Primis Financial made $49.2M in Q3 2026 (+20% Y/Y): Net interest income $36.3M, Noninterest income $12.9M. Operating margin 22.2%, net earnings $8.7M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 9, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $49.2M in Q3 2026, up 20% year over year and down 12% from the previous quarter. Net interest income was the largest line at 74% of revenue. Net interest income added $7.3M year over year (up 25%), 88% of the total change.
Operating profit was $10.9M, a 22.2% margin (up 0.9 points year over year). Of the extra revenue versus a year earlier, 27% reached operating profit, above the 21% margin then. Total costs grew 19% against revenue growth of 20%. Net earnings were $8.7M, up 27% year over year. The effective tax rate was 20.6%.
Operating cash flow was $79.1M, 912% of net earnings. Non-cash charges added back $294K of share-based compensation. Working capital and other items added $70.1M. Capital expenditures of $302K left free cash flow of $78.8M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 9, 2026 | $49.2M | +20% | 22.2% | $8.7M | $79.1M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
About Primis Financial
Primis Financial Corp. is the bank holding company for Primis Bank, a Virginia state-chartered bank which commenced operations on April 14, 2005. Primis Bank provides a range of financial services to individuals and small and medium-sized businesses. As of December 31, 2025, Primis had $4.0 billion in total assets, $3.3 billion in total loans held for investment, $3.4 billion in total deposits and $423 million in total stockholders’ equity. As of December 31, 2025, Primis Bank had 24 full-service branches in Virginia and Maryland and also provides services to customers through certain online and mobile applications. Headquartered in McLean, Virginia, the Company has an administrative office in Glen Allen, Virginia and an operations center in Atlee, Virginia. PMC, a residential mortgage lender headquartered in Wilmington, North Carolina, is a consolidated subsidiary of Primis Bank.
In its own words, from its 10-K, filed Mar 16, 2026.
Primis Financial against its State Commercial Banks peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +20% against the peers' median +10%. Operating margin: 22.2% against the peers' median 33.8%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| FRST Primis Financial | Q3 2026 | $49.2M | +20% | 22.2% |
| DB Deutsche Bank Aktiengesellschaft | Q3 2026 | $6.1B | -31% | -7.6% |
| BNY Bank of New York Mellon | Q3 2026 | $5.7B | +12% | 38.5% |
| STT State Street | Q3 2026 | $4.0B | +13% | 34.7% |
| FITB Fifth Third Bancorp | Q3 2026 | $3.3B | +42% | 33.8% |
| MTB M&T Bank | Q3 2026 | $2.5B | +0.9% | 39.7% |
| FCNCA First Citizens Bancshares | Q3 2026 | $2.4B | 0% | 33.1% |
| ALLY Ally Financial | Q3 2026 | $2.3B | +8% | 24.3% |
| CFG Citizens Financial Group | Q3 2026 | $2.3B | +10% | 34.6% |
Source: Primis Financial 10-Q on SEC EDGAR · CIK 1325670 · State Commercial Banks
Guidance and outlook
13F: who owns FRST and who is buying
More on FRST
History
Every quarter: Q3 2026 results