Microcap Ledger

Tickers · $FRST

Primis Financial Corp. $FRST

By Microcap Ledger desk · CIK 0001325670

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Global Market
Sector
State Commercial Banks
Headquarters
Mclean, VA
Fiscal year end
December 31
Shares outstanding
24,799,072 [10-Q 2026-08-07]
as of 2026-07-31

Sources: [10-K 2026-03-16]

What the company doesAI summary of filing

Primis Financial Corp. is a bank holding company whose subsidiary, Primis Bank, provides a range of financial services to individuals and small and medium-sized businesses. The company generates revenue through deposits and lending activities, including commercial loans, consumer loans, residential mortgages, and specialized lending such as mortgage warehouse lending and healthcare-focused financing through its Panacea Financial division. As of December 31, 2025, Primis operates 24 full-service branches in Virginia and Maryland with $4.0 billion in total assets, and also offers digital banking services nationally. The company is revenue-generating with a diversified business model spanning traditional community banking, specialized lending verticals, and digital deposit offerings. [10-K 2026-03-16]

Segments: Community Banking (Branch Network), Panacea Financial Division (Healthcare Lending), Primis Mortgage Company (Residential Mortgages), Mortgage Warehouse Lending

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026—$16.74M −$60.07M$176.82M[10-Q 2026-08-07]
FY ended Dec 2025—$61.4K $10.77M$143.61M[DEF 14A 2026-04-10]
FY ended Dec 2024—−$16.2K $19.53M$64.50M[DEF 14A 2026-04-10]
Quarterly cash burn
−$30.03M
Cash runway Estimate
~17.7 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-11-2924,722,734[10-Q 2024-12-11]
2025-04-1524,722,734[10-K 2025-04-29]
2025-04-3024,722,734[10-Q 2025-05-14]
2025-07-3124,643,185[10-Q 2025-08-11]
2025-10-3124,644,385[10-Q 2025-11-10]
2026-02-2724,699,185[10-K 2026-03-16]
2026-04-3024,772,072[10-Q 2026-05-08]
2026-07-3124,799,072[10-Q 2026-08-07]
Shelf registration
S-3 filed 2026-06-25; declared effective 2026-07-20 [S-3 2026-06-25]

Listing status

Current status: 4 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2025-04-14. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2025-04-148-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-04-14]
2025-04-098-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-04-09]
2024-11-278-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2024-11-27]
2024-10-248-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2024-10-24]

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-09-09Johnson Eric Alanbuy1,565$15.95[4 2026-09-10]
2026-09-01Johnson Eric Alanbuy1,280$15.60[4 2026-09-03]
2026-09-01Weichert Margaret Mbuy100$15.75[4 2026-09-03]
2026-08-20Weichert Margaret Mbuy110$16.00[4 2026-08-24]
2026-08-06Weichert Margaret Mbuy100$16.27[4 2026-08-10]
2026-08-06Weichert Margaret Mbuy100$16.37[4 2026-08-10]
2026-06-11Saunders Jason Brockbuy500$15.20[4 2026-06-12]
2026-06-09Garrett F L Iiibuy155$15.24[4 2026-06-11]
2026-06-08Garrett F L Iiibuy250$15.03[4 2026-06-09]

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.