RankAlpha logo
Back to Rankings

FRST

Primis FinancialA
Nasdaq / Banks
Last Price
Quote time unavailable
View Chart
Current thesis
Despite the consensus miss, Q3 operating EPS rose to $0.35 from $0.28 a year earlier, net interest income reached $36.3 million, and credit metrics improved modestly. Realization of the previously announced digital-core savings could add operating leverage.
Posture
Constructive
Lead driver
Value
What changed
Value remains the lead driver in the composite, 7D delta -0.0.
What can break
A 37% decline in the retail mortgage pipeline reduced Q3 revenue by $2.3 million from Q2; a prolonged volume slump could delay the 1.00% ROAA goal. [#SEC-8K-2026-10-23]
Momentum
53
Value
64
Sentiment
58
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $16.50 · Bull $19.00 · Bear $12.50Analysis 2026-10-23; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-23 • Vendor: Data Vendor v1
Scores
As of 2026-10-23 • Model: HYBRID_IC_RP
AI Memo
As of 2026-10-23 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-10-23

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-23. Definitions

Supporting evidence
What
Grade A · Constructive
Confidence Medium · Net Neutral
Target $18.94
Why
Momentum53 · Δ7d +2.2
Value64 · Δ7d -0.0
Sentiment58 · Δ7d -1.6
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Confirming evidence

  • • Value remains the lead driver in the composite, 7D delta -0.0.

Contradictions & invalidation

  • • A 37% decline in the retail mortgage pipeline reduced Q3 revenue by $2.3 million from Q2; a prolonged volume slump could delay the 1.00% ROAA goal. [#SEC-8K-2026-10-23]
  • • Nonperforming assets remain elevated at 1.43% of assets excluding SBA-guaranteed portions, despite a modest sequential improvement; further credit deterioration could require higher provisions. [#SEC-8K-2026-10-23]
  • • The $0.35 EPS result missed the $0.45 Zacks consensus, and reported revenue of $49.23 million also missed its estimate.

Catalyst clock

2026-11-30

Q3 earnings miss and mortgage-volume response

Lead driver: Value · See fundamentals
Momentum
53
8% active weight
Current posture
7d trendFlat
Δ7d
+2.2
Δ21d
-3.2
Value
64
47% active weight
Current posture
7d trendFlat
Δ7d
-0.0
Δ21d
-0.1
Sentiment
58
45% active weight
Current posture
7d trendSoftening
Δ7d
-1.6
Δ21d
-19.9
Why this grade

Composite grade A. Momentum 53.1 / Value 64.4 / Sentiment 58.0

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-10-23. Scenario method

B+
Bull case
25%
Probability
Target price
$19.00
Analysis reference price unavailable
Analysis 2026-10-23 · RankAlpha Sentiment Codex
Most likely
B
Base case
45%
Probability
Target price
$16.50
Analysis reference price unavailable
Analysis 2026-10-23 · RankAlpha Sentiment Codex
B-
Bear case
30%
Probability
Target price
$12.50
Analysis reference price unavailable
Analysis 2026-10-23 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-10-23
Market Cap
$378.93M
Beta
0.76
Shares Out
24.8M
P/E (TTM)
38.5
P/S (TTM)
1.79
P/FCF (TTM)
38.58
Rev YoY
+19.3%
EPS YoY
+285.7%
Gross Margin
-
Op Margin
+21.7%
Net Debt
$191.14M
Current Ratio
0.08
As of 2026-10-23 • Updated nightlySource: Internal modelMethods & Data