Primis Financial CorpFRST
About: Primis Financial Corp is the bank holding company for Primis Bank, providing financial services to individuals and small and medium-sized businesses. Primis Bank offers a wide range of commercial banking services, it focuses on making loans secured majorly by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses in a number of industries, as well as loans to individuals for a variety of purposes. Primis Bank offers a broad range of deposit products, including checking (NOW), savings, money market accounts and certificates of deposit.
Employees: 528
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
34% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 35
16% more capital invested
Capital invested by funds: $199M [Q2] → $230M (+$31M) [Q3]
3.41% more ownership
Funds ownership: 73.22% [Q2] → 76.63% (+3.41%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
2% less funds holding
Funds holding: 125 [Q2] → 122 (-3) [Q3]
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Stephens & Co. Russell Gunther 89% 1-year accuracy 16 / 18 met price target | 18%upside $14 | Overweight Maintained | 30 Oct 2024 |