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Primis Financial (FRST) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended September 2026, Primis Financial (FRST - Free Report) reported revenue of $49.23 million, up 20.1% over the same period last year. EPS came in at $0.35, compared to $0.28 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $51.21 million, representing a surprise of -3.86%. The company delivered an EPS surprise of -22.22%, with the consensus EPS estimate being $0.45.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Primis Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio: 75.5% versus the three-analyst average estimate of 68.8%.
Net Interest Margin: 3.7% versus 3.5% estimated by three analysts on average.
Net charge-offs to average loans: 0.2% compared to the 0.2% average estimate based on two analysts.
Net Interest Income: $36.31 million versus the three-analyst average estimate of $35.32 million.
Gain on sale of SBA loans: $1.47 million versus the three-analyst average estimate of $1.15 million.
Total Non-Interest Income: $12.92 million compared to the $15.89 million average estimate based on three analysts.
Mortgage Banking Income: $8.02 million versus the two-analyst average estimate of $12 million.
Account maintenance and deposit service fees: $1.39 million versus the two-analyst average estimate of $1.33 million.
Shares of Primis Financial have returned +0.6% over the past month versus the Zacks S&P 500 composite's no change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
View the Zacks #1 Rank List
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Primis Financial (FRST) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended September 2026, Primis Financial (FRST - Free Report) reported revenue of $49.23 million, up 20.1% over the same period last year. EPS came in at $0.35, compared to $0.28 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $51.21 million, representing a surprise of -3.86%. The company delivered an EPS surprise of -22.22%, with the consensus EPS estimate being $0.45.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Primis Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Primis Financial here>>>
Shares of Primis Financial have returned +0.6% over the past month versus the Zacks S&P 500 composite's no change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.