Primis Financial (FRA:7H80) Efficiency Overhead Ratio % : 0.00% (As of . 20)

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What is Primis Financial Efficiency Overhead Ratio %?

Efficiency Overhead Ratio % for banks is non-interest expenses divided by revenue. It helps show how well banks control their overhead expenses. A lower Efficiency Overhead Ratio suggests that the bank is operating better.

The historical rank and industry rank for Primis Financial's Efficiency Overhead Ratio % or its related term are showing as below:

FRA:7H80's Efficiency Overhead Ratio % is not ranked ^*
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Efficiency Overhead Ratio % only.

Primis Financial Efficiency Overhead Ratio % Historical Data

The historical data trend for Primis Financial's Efficiency Overhead Ratio % 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.

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Primis Financial Efficiency Overhead Ratio % Chart

Primis Financial (FRA:7H80) Efficiency Overhead Ratio % Calculation

Efficiency Overhead Ratio % is calculated as

Efficiency Overhead Ratio %

Non-interest Expenses

Revenue

Primis Financial (FRA:7H80) Efficiency Overhead Ratio % Explanation

Efficiency Overhead Ratio % is typically used to analyze how well a company uses its assets and liabilities. It typically calculates the turnover of receivables, the repayment of liabilities, etc. In the banking industry, Efficiency Overhead Ratio % specifically refers to non-interest expenses divided by revenue. This ratio shows how well banks control their overhead expenses and allows analysts to assess their performance.

An Efficiency Overhead Ratio lower than 50% is considered to be optimal. If the Efficiency Overhead Ratio decreases, it means the bank’s expenses are decreasing and revenues are increasing, suggesting the bank is operating better.

Primis Financial Efficiency Overhead Ratio % Related Terms

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Primis Financial (FRA:7H80) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Primis Financial Corp (FRA:7H80) » Definitions » Efficiency Overhead Ratio %

Comparable Companies

Traded in Other Exchanges

FRST:USA

Address

6830 Old Dominion Drive, McLean, VA, USA, 22101

Website

https://www.primisbank.com

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.

Primis Financial (FRA:7H80) Headlines

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