Primis Financial (FRST) Tax Rate (2019 - 2022)

Primis Financial (FRST) has disclosed Tax Rate for 4 consecutive years, with 22.55% as the latest value for Q4 2022.

  • Quarterly Tax Rate fell 4554.0% to 22.55% in Q4 2022 from the year-ago period, while the trailing twelve-month figure was 18.38% through Dec 2022, down 357.0% year-over-year, with the annual reading at 11.37% for FY2025, 330.0% down from the prior year.
  • Tax Rate for Q4 2022 was 22.55% at Primis Financial, down from 24.96% in the prior quarter.
  • The five-year high for Tax Rate was 24.96% in Q3 2022, with the low at 22.55% in Q4 2022.
  • Average Tax Rate over 4 years is 16.1%, with a median of 20.59% recorded in 2020.
  • The sharpest move saw Tax Rate soared 2210bps in 2020, then tumbled -4554bps in 2022.
  • Over 4 years, Tax Rate stood at 3.85% in 2019, then skyrocketed by 574bps to 18.25% in 2020, then rose by 26bps to 23.0% in 2021, then crashed by -198bps to 22.55% in 2022.
  • According to Business Quant data, Tax Rate over the past three periods came in at 22.55%, 24.96%, and 22.43% for Q4 2022, Q3 2022, and Q2 2022 respectively.