Primis Financial (FRST) Q3 earnings: Taking a look at key Metrics versus estimates

For the quarter ended September 2026, Primis Financial (FRST Quick QuoteFRST - Free Report) reported revenue of $49.23 million, up 20.1% over the same period last year. EPS came in at $0.35, compared to $0.28 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $51.21 million, representing a surprise of -3.86%. The company delivered an EPS surprise of -22.22%, with the consensus EPS estimate being $0.45.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Primis Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Efficiency Ratio: 75.5% versus the three-analyst average estimate of 68.8%.
• Net Interest Margin: 3.7% versus 3.5% estimated by three analysts on average.
• Net charge-offs to average loans: 0.2% compared to the 0.2% average estimate based on two analysts.
• Net Interest Income: $36.31 million versus the three-analyst average estimate of $35.32 million.
• Gain on sale of SBA loans: $1.47 million versus the three-analyst average estimate of $1.15 million.
• Total Non-Interest Income: $12.92 million compared to the $15.89 million average estimate based on three analysts.
• Mortgage Banking Income: $8.02 million versus the two-analyst average estimate of $12 million.
• Account maintenance and deposit service fees: $1.39 million versus the two-analyst average estimate of $1.33 million.