GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Primis Financial Corp (NAS:FRST) » Definitions » Book Value per Share

Primis Financial (Primis Financial) Book Value per Share : $15.51 (As of Sep. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Primis Financial Book Value per Share?

Primis Financial's book value per share for the quarter that ended in Sep. 2023 was $15.51.

During the past 12 months, Primis Financial's average Book Value Per Share Growth Rate was -2.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Primis Financial was 14.80% per year. The lowest was -5.80% per year. And the median was 3.55% per year.

Primis Financial's current price is $10.17. Its book value per share for the quarter that ended in Sep. 2023 was $15.51. Hence, today's PB Ratio of Primis Financial is 0.66.

During the past 13 years, the highest P/B Ratio of Primis Financial was 1.75. The lowest was 0.44. And the median was 1.07.


Primis Financial Book Value per Share Historical Data

The historical data trend for Primis Financial's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Primis Financial Book Value per Share Chart

Primis Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.60 16.03 16.76 15.98 16.09

Primis Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.98 16.22 15.93 15.51 16.09

Competitive Comparison of Primis Financial's Book Value per Share

For the Banks - Regional subindustry, Primis Financial's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Primis Financial's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Primis Financial's PB Ratio distribution charts can be found below:

* The bar in red indicates where Primis Financial's PB Ratio falls into.



Primis Financial Book Value per Share Calculation

Primis Financial's Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(394.4-0.0)/24.7
=15.98

Primis Financial's Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(382.9-0.0)/24.7
=15.51

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Primis Financial  (NAS:FRST) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Primis Financial Book Value per Share Related Terms

Thank you for viewing the detailed overview of Primis Financial's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Primis Financial (Primis Financial) Business Description

Traded in Other Exchanges
Address
6830 Old Dominion Drive, McLean, VA, USA, 22101
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.
Executives
Rickey Allen Fulk officer: EVP, President 1194 ELSOM MASCOT ROAD, MATTAPONI VA 23110
Charles A Kabbash director 308 EAST MARKET ST., CHARLOTTESVILLE VA 22902
Clinton Tyler Stafford officer: Pres Panacea Financial 4612 CLUB ROAD, LITTLE ROCK AR 72207
Susan B Williamson officer: EVP, Director of Reg Relations 32482 JENKINS MILL ROAD, FRANKLIN VA 23851
William Rand Cook director 4459 CROWN HILL ROAD, MECHANICSVILLE VA 23111
Robert Yates Clagett director 17017 RIVER AIRPORT ROAD, BRANDYWINE MD 20613
Eric Alan Johnson director P O BOX 517, URBANNA VA 23175
Matthew Alan Switzer officer: EVP, CFO 6830 OLD DOMINION DRIVE, MCLEAN VA 22101
Jones Allen R Jr. director 304 MARCELLA ROAD, SUITE E, HAMPTON VA 23666
Garrett F L Iii director 268 CATHCHPENNY LANE, BOWLERS WHARF VA 22560
John Fitzgerald Biagas director 627 36TH STREET, NEWPORT NEWS VA 23607
Ann-stanton C Gore officer: EVP, Chief Marketing Officer 1700 WOODLAKE DRIVE, COLUMBIA SC 29206
Barry P Almond officer: EVP, Head of Retail/Marketing 14319 NICOLAY WAY, MIDLOTHIAN VA 23114
Deborah Diaz director 6830 OLD DOMINION DRIVE, MCLEAN VA 22101
Julia E Fredricks officer: EVP, Chief Risk Officer 11032 SLENDERLEAF DRIVE, GLEN ALLEN VA 23060