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Primis Financial (FRST) Depreciation Expense: 2019-2022

Historic Depreciation Expense for Primis Financial (FRST) over the last 4 years, with Dec 2022 value amounting to $1.5 million.

  • Primis Financial's Depreciation Expense rose 59.42% to $1.5 million in Q4 2022 from the same period last year, while for Dec 2022 it was $5.2 million, marking a year-over-year increase of 44.42%. This contributed to the annual value of $7.3 million for FY2024, which is 14.83% up from last year.
  • Latest data reveals that Primis Financial reported Depreciation Expense of $1.5 million as of Q4 2022, which was up 6.39% from $1.5 million recorded in Q3 2022.
  • In the past 5 years, Primis Financial's Depreciation Expense ranged from a high of $1.5 million in Q4 2022 and a low of $514,000 during Q3 2019.
  • Its 3-year average for Depreciation Expense is $964,833, with a median of $917,500 in 2021.
  • As far as peak fluctuations go, Primis Financial's Depreciation Expense fell by 13.41% in 2020, and later spiked by 59.42% in 2022.
  • Primis Financial's Depreciation Expense (Quarterly) stood at $757,000 in 2019, then fell by 1.19% to $748,000 in 2020, then rose by 29.81% to $971,000 in 2021, then skyrocketed by 59.42% to $1.5 million in 2022.
  • Its Depreciation Expense was $1.5 million in Q4 2022, compared to $1.5 million in Q3 2022 and $1.1 million in Q2 2022.