Primis Financial (FRST) Interest Expense - Fed Funds (2017 - 2022)
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.
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 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
| Date | Value |
|---|---|
| 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 |
Primis Financial Interest Expense - Fed Funds API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=FRST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-fed-funds", "ticker": "FRST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=FRST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();