Primis Financial (FRST) Operating Expenses (2010 - 2026)
Primis Financial (FRST) posted quarterly Operating Expenses of $33.8 million for Q1 2026, up 3.81% year-over-year from $32.5 million in Q1 2025, and down 19.95% quarter-over-quarter from $42.2 million in Q4 2025.
Primis Financial (FRST) Operating Expenses (2010 - 2026) Analysis & Trends
Primis Financial (FRST) has reported Operating Expenses for 17 consecutive years, with $33.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 3.81% year-over-year to $33.8 million; the TTM figure through Mar 2026 stood at $140.2 million (up 7.31% YoY), while the FY2025 annual figure was $138.9 million, up 10.58% from the prior year.
- Operating Expenses fell to $33.8 million in Q1 2026 per FRST's latest filing, from $42.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $42.2 million in Q4 2025 and bottomed at $19.1 million in Q1 2022.
- Historically, Operating Expenses has averaged $30.1 million across 5 years, with a median of $30.4 million in 2023.
- Annual changes were most pronounced in 2023 — Operating Expenses surged 54.69% — and 2024, when it slipped 16.22%.
- Primis Financial's Operating Expenses stood at $28.0 million in 2022, then gained by 0.97% to $28.3 million in 2023, then surged by 32.22% to $37.4 million in 2024, then rose by 12.84% to $42.2 million in 2025, then decreased by 19.95% to $33.8 million in 2026.
- Business Quant data shows FRST's Operating Expenses at $33.8 million in Q1 2026, $42.2 million in Q4 2025, and $32.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 2.11 Bn |
| 10 | Primis Financial | 400.16 Mn | 223.02 Mn | - | 38.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 38.21 Mn |
| Mar 31, 2026 | 33.75 Mn |
| Dec 31, 2025 | 42.16 Mn |
| Sep 30, 2025 | 32.31 Mn |
| Jun 30, 2025 | 31.94 Mn |
| Mar 31, 2025 | 32.52 Mn |
| Dec 31, 2024 | 37.37 Mn |
| Sep 30, 2024 | 30.96 Mn |
| Jun 30, 2024 | 29.79 Mn |
| Mar 31, 2024 | 27.54 Mn |
| Dec 31, 2023 | 28.26 Mn |
| Sep 30, 2023 | 36.95 Mn |
| Jun 30, 2023 | 30.44 Mn |
| Mar 31, 2023 | 26.95 Mn |
| Dec 31, 2022 | 27.99 Mn |
| Sep 30, 2022 | 23.89 Mn |
| Jun 30, 2022 | 20.52 Mn |
| Mar 31, 2022 | 19.05 Mn |
| Dec 31, 2021 | 19.70 Mn |
| Sep 30, 2021 | 16.56 Mn |