Primis Financial (FRST) Loans - Loss Allowance (2019 - 2022)
Primis Financial (FRST) has disclosed Loans - Loss Allowance for 4 consecutive years, with $32.0 million as the latest value for Q3 2022.
- Quarterly Loans - Loss Allowance rose 5.17% to $32.0 million in Q3 2022 from the year-ago period, while the trailing twelve-month figure was $32.0 million through Sep 2022, up 5.17% year-over-year, with the annual reading at $29.1 million for FY2021, 19.92% down from the prior year.
- Loans - Loss Allowance for Q3 2022 was $32.0 million at Primis Financial, up from $30.2 million in the prior quarter.
- The five-year high for Loans - Loss Allowance was $36.3 million in Q4 2020, with the low at $10.3 million in Q4 2019.
- Average Loans - Loss Allowance over 4 years is $24.0 million, with a median of $29.1 million recorded in 2021.
- The sharpest move saw Loans - Loss Allowance skyrocketed 254.21% in 2020, then decreased 19.92% in 2021.
- Over 4 years, Loans - Loss Allowance stood at $10.3 million in 2019, then surged by 254.21% to $36.3 million in 2020, then decreased by 19.92% to $29.1 million in 2021, then grew by 9.8% to $32.0 million in 2022.
- According to Business Quant data, Loans - Loss Allowance over the past three periods came in at $32.0 million, $30.2 million, and $29.4 million for Q3 2022, Q2 2022, and Q1 2022 respectively.