Primis Financial FRST
NASDAQ FRST
$15.55 +0.16 (+1.04%)
As of: Oct 2, 2026 · 10:04 AM EDT

Primis Financial (FRST) Interest Expense - Fed Funds (2017 - 2022)

Updated

Primis Financial (FRST) recorded Interest Expense - Fed Funds of $13,000 in Q1 2022, down 50.0% from $26,000 a year earlier and down 27.8% from the prior quarter.

Analysis

Primis Financial (FRST) Interest Expense - Fed Funds (2017 - 2022) Analysis & Trends

On a TTM basis, Primis Financial's Interest Expense - Fed Funds came in at $73,000 as of Mar 31, 2022, down 29.1% year-over-year; for FY2021, it was $86,000, down 10.4% from FY2020.

  • Annual Interest Expense - Fed Funds has a five-year compound annual growth rate of 36.7% (FY2016 to FY2021).
  • Across earlier years, Interest Expense - Fed Funds came in at $96,000 in FY2020 (+10.3%), $87,000 in FY2019 (-10.3%), $97,000 in FY2018 (+169.4%) and $36,000 in FY2017 (+100.0%).
  • The Q1 2022 figure is the lowest quarterly Interest Expense - Fed Funds since Q3 2017.
  • On a year-over-year basis, Interest Expense - Fed Funds has declined for three consecutive quarters, with an average decline of 1.2% over the last eight quarters.
  • Peak year-over-year performance for Interest Expense - Fed Funds in the last five years was growth of 100.0% in Q3 2018, against a decline of 50.0% in Q1 2022 at the low end.
  • Per Business Quant, the preceding three quarters came in at $18,000 (Q4 2021), $17,000 (Q3 2021) and $25,000 (Q2 2021).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Jpmorgan Chase 879.54 Bn 909.01 Bn -
2 Banco Santander Chile 418.48 Bn 538.42 Bn -
3 Bank Of America 381.92 Bn -1,994.15 Bn -
4 Hsbc Holdings 341.10 Bn 341.15 Bn -
5 Morgan Stanley 295.71 Bn -213.38 Bn -
6 Royal Bank Of Canada 275.38 Bn 126.13 Bn -
7 Mitsubishi Ufj Financial 273.79 Bn -1,314.70 Bn 10.89 Bn
8 Goldman Sachs 262.78 Bn -3,294.34 Bn -
9 Wells Fargo & Company 242.61 Bn 244.75 Bn -
10 Primis Financial 378.93 Mn -165.26 Mn -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2022 13,000.00
Dec 31, 2021 18,000.00
Sep 30, 2021 17,000.00
Jun 30, 2021 25,000.00
Mar 31, 2021 26,000.00
Dec 31, 2020 31,000.00
Sep 30, 2020 24,000.00
Jun 30, 2020 22,000.00
Mar 31, 2020 19,000.00
Dec 31, 2019 22,000.00
Sep 30, 2019 20,000.00
Jun 30, 2019 22,000.00
Mar 31, 2019 23,000.00
Dec 31, 2018 27,000.00
Sep 30, 2018 24,000.00
Jun 30, 2018 24,000.00
Mar 31, 2018 22,000.00
Dec 31, 2017 23,000.00
Sep 30, 2017 12,000.00
Jun 30, 2017 1,000.00
API Access

Primis Financial Interest Expense - Fed Funds API

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