Primis Financial Corp.
FRST · State Commercial Banks · 24.8M shares · +0%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $95K (gross $807K, SBC $712K)
Reference price $15.20 · est. market cap ~$377M — last insider purchase, 2026-06-11 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B74Primis Financial — Virginia bank with high returns.
Strengths
- ROE 14.5% (93rd pct), ROA (88th)
- Digital-banking and specialty-finance verticals
Risks
- Weak free cash flow (10th); low cash position
- Execution on digital/fintech initiatives
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Material weakness● any inability or failure to implement and maintain effective internal control over financial reporting and/or disclosure control or inability to expediently remediate our existing material weaknesse
- Strong balance sheetStrong balance sheet — $144M cash & investments
- Insider buyingInsider buying — 24 open-market buy(s) by 9 insider(s) (cluster of 9 insiders, ~$285,782, last 6mo) Form 4 ↗
Key metrics
Return on equity
14.5%
Return on assets
1.5%
Free cash flow
$9M
Tangible book value
$329M
Cash & investments
$144M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-11 | Saunders Jason Brock | Buy | 500 | $15.20 |
| 2026-06-09 | GARRETT F L III | Buy | 155 | $15.24 |
| 2026-06-08 | GARRETT F L III | Buy | 250 | $15.03 |
| 2026-06-05 | GARRETT F L III | Buy | 125 | $15.00 |
| 2026-06-04 | GARRETT F L III | Buy | 125 | $14.74 |
| 2026-06-03 | GARRETT F L III | Buy | 450 | $14.50 |
| 2026-06-03 | Gamble Scott R | Buy | 1.7K | $14.59 |
| 2026-06-03 | Sharma Anurag | Buy | 694 | $14.40 |
| 2026-06-02 | GARRETT F L III | Buy | 250 | $14.75 |
| 2026-06-01 | Gamble Scott R | Buy | 1.4K | $14.39 |
| 2026-06-01 | GARRETT F L III | Buy | 350 | $14.30 |
| 2026-05-29 | GARRETT F L III | Buy | 250 | $14.40 |
| 2026-05-28 | GARRETT F L III | Buy | 250 | $14.50 |
| 2026-05-27 | GARRETT F L III | Buy | 250 | $14.51 |
| 2026-05-26 | GARRETT F L III | Buy | 354 | $14.49 |
| 2026-05-22 | GARRETT F L III | Buy | 290 | $14.39 |
| 2026-05-19 | Clagett Robert Yates | Buy | 1.4K | $14.00 |
| 2026-05-14 | Clagett Robert Yates | Buy | 1.4K | $14.16 |
| 2026-03-12 | Biagas John Fitzgerald | Buy | 1.9K | $12.80 |
| 2026-03-11 | Biagas John Fitzgerald | Buy | 1.6K | $12.75 |
| 2026-03-09 | Leibson Marie Taylor | Option exercise | 5.5K | $11.99 |
| 2026-03-06 | Diaz Deborah | Buy | 1.1K | $12.77 |
| 2026-03-05 | Gore Ann-Stanton C | Option exercise | 2.0K | — |
| 2026-03-05 | Zember Dennis J JR | Option exercise | 51K | — |
| 2026-03-05 | Wood Cheryl | Option exercise | 3.5K | — |
| 2026-03-05 | Leibson Marie Taylor | Option exercise | 3.5K | — |
| 2026-03-05 | Fulk Rickey Allen | Option exercise | 2.3K | — |
| 2026-03-05 | Switzer Matthew Alan | Option exercise | 5.2K | — |
| 2026-02-10 | COOK WILLIAM RAND | Buy | 1.8K | $14.17 |
| 2026-02-05 | COOK WILLIAM RAND | Buy | 1.4K | $14.26 |
| 2026-02-03 | Switzer Matthew Alan | Buy | 2.5K | $14.06 |
| 2025-12-18 | Leibson Marie Taylor | Grant | 4.5K | — |
| 2025-12-18 | Fulk Rickey Allen | Grant | 5.2K | — |
| 2025-12-18 | Gore Ann-Stanton C | Grant | 4.5K | — |
| 2025-12-18 | Zember Dennis J JR | Grant | 20K | — |
| 2025-12-18 | Wood Cheryl | Grant | 4.5K | — |
| 2025-12-18 | Switzer Matthew Alan | Grant | 4.5K | — |
| 2025-12-10 | Diaz Deborah | Buy | 1.6K | $12.34 |
| 2025-11-13 | Clagett Robert Yates | Buy | 2.3K | $10.98 |
| 2025-11-11 | Clagett Robert Yates | Buy | 1.8K | $10.84 |
| 2025-10-28 | Johnson Eric Alan | Buy | 2.0K | $10.70 |
| 2025-10-28 | Johnson Eric Alan | Buy | 300 | $10.71 |
| 2025-09-09 | Johnson Eric Alan | Buy | 1.8K | $11.00 |
| 2025-08-06 | GARRETT F L III | Buy | 2.3K | $11.07 |
| 2025-08-05 | GARRETT F L III | Buy | 1.8K | $11.02 |
| 2025-03-12 | Biagas John Fitzgerald | Buy | 10K | $9.97 |
| 2025-02-06 | Williamson Susan B | Buy | 2.8K | $11.15 |
| 2025-02-06 | COOK WILLIAM RAND | Buy | 2.2K | $11.15 |
| 2025-02-05 | Williamson Susan B | Buy | 220 | $11.05 |
| 2025-02-04 | COOK WILLIAM RAND | Buy | 1.9K | $10.98 |
| 2025-02-04 | Biagas John Fitzgerald | Buy | 2.3K | $10.86 |
| 2025-02-03 | Biagas John Fitzgerald | Buy | 1.8K | $11.04 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-27 | Exec/director changeShareholder voteExhibits | filing ↗ |
| 2026-04-23 | ResultsReg FDOtherExhibits | filing ↗ |
| 2026-01-29 | ResultsReg FDOtherExhibits | filing ↗ |
| 2025-12-18 | OtherExhibits | filing ↗ |
| 2025-12-08 | Material agreementDebt obligationReg FDExhibits | filing ↗ |
| 2025-10-23 | ResultsReg FDOtherExhibits | filing ↗ |
| 2025-08-11 | ResultsReg FDExhibits | filing ↗ |
| 2025-07-24 | ResultsReg FDOtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-27 | 2026-05-21 | 0001104659-26-067031 ↗ |
| 10-Q | 2026-05-08 | 2026-03-31 | 0001104659-26-057998 ↗ |
| 8-K | 2026-04-23 | 2026-04-23 | 0001104659-26-047808 ↗ |
| 10-K | 2026-03-16 | 2025-12-31 | 0001104659-26-028599 ↗ |
| 8-K | 2026-01-29 | 2026-01-29 | 0001104659-26-008048 ↗ |
| 8-K | 2025-12-18 | 2025-12-18 | 0001104659-25-122620 ↗ |
| 8-K | 2025-12-08 | 2025-12-05 | 0001104659-25-119089 ↗ |
| 10-Q | 2025-11-10 | 2025-09-30 | 0001104659-25-109181 ↗ |
| 8-K | 2025-10-23 | 2025-10-23 | 0001104659-25-101871 ↗ |
| 10-Q | 2025-08-11 | 2025-06-30 | 0001558370-25-011083 ↗ |
| 8-K/A | 2025-08-11 | 2025-07-24 | 0001104659-25-076231 ↗ |
| 8-K | 2025-07-24 | 2025-07-24 | 0001104659-25-070420 ↗ |