Primis Financial stock gained 1.49 percent on October 2, 2026

Published on 10/04/2026 at 21:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Primis Financial stock stood at USD 15.62 on Nasdaq on October 2, 2026. Second-quarter revenue reached USD 55.79 million against USD 48.77 million expected.

FRST, US74167B1098, Illustration mit AI erstellt.

Primis Financial (ISIN US74167B1098) stock gained 1.49 percent to USD 15.62 on Nasdaq on October 2, 2026, with 88,251 shares traded. The move came as investors weighed a second-quarter earnings miss against revenue that exceeded expectations, according to MarketBeat.

Revenue beats while EPS misses

For Q2 2026, Primis Financial reported revenue of USD 55.79 million, above the USD 48.77 million consensus estimate. Reported earnings per share came to USD 0.23, below the USD 0.38 estimate, creating a sharp split between operating revenue and per-share profitability, as MarketBeat reported.

The latest quarter was released on July 23, 2026. Primis Financial's quarterly dividend was USD 0.10 per share, and the company had a net margin of 19.19 percent in the figures cited by MarketBeat.

Buy consensus targets USD 18

MarketBeat lists a Buy consensus based on four analysts: one Strong Buy, two Buy ratings and one Hold rating. Its average price target is USD 18.00, with a high of USD 19.00 and a low of USD 17.00, putting the average target 15.2 percent above the October 2 price.

Raymond James began coverage on June 25, 2026, with a Strong Buy rating and a USD 19.00 price target, while Weiss Ratings upgraded its rating on July 23, 2026, according to MarketBeat. The range of targets shows that the positive consensus still leaves room for differing views on earnings quality and execution.

Stock remains below its yearly high

Primis Financial's October 2 closing price was 7.5 percent below its 52-week high of USD 16.88 and 63.6 percent above its 52-week low of USD 9.55. The market capitalization was USD 388.6 million, while the session volume reached 88,251 shares.

The business is a bank holding company for Primis Bank, serving consumers and commercial clients through deposits, lending, mortgage services and digital banking. Primis Financial's investor-relations page identifies the holding company in McLean, Virginia and the bank in Glen Allen, Virginia, as stated by Primis Financial Corp.

FRST closed at USD 15.62

Primis Financial stock closed at USD 15.62 on Nasdaq on October 2, 2026, up 1.49 percent from the prior close of USD 15.39. The next trading catalyst is the market's reassessment of the revenue beat against the Q2 EPS shortfall.