Primis Financial Corp. Income Statement

Income Statement Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 6.54M9.03M8.49M6.20M3.62M3.44M3.17M4.91M8.62M4.20M0.35M19.45M-5.80M11.27M32.54M50.62M
Revenue 10.24M29.15M29.78M37.33M32.20M35.78M40.41M43.13M73.35M101.27M95.00M106.22M105.24M120.05M143.96M147.36M
Interest income
Interest income - Loans 21.04M33.45M31.28M35.25M32.27M34.61M40.10M45.35M77.76M110.21M112.18M111.56M106.92M115.08M172.79M199.94M
Interest income - Investments 1.08M4.07M4.20M3.55M
Interest Income - Debt Securities 1.30M2.01M2.35M3.14M3.10M3.08M3.68M2.98M5.71M7.42M10.17M5.50M6.11M8.31M8.17M10.93M
Interest Income - Fed Funds 0.01M0.05M0.00M
Other interest income 0.17M0.20M0.23M0.36M0.57M0.85M0.79M0.64M1.23M2.31M2.12M1.40M1.78M2.24M13.46M3.82M
Interest Income - Total 23.91M36.29M33.42M37.56M35.12M38.09M43.70M48.95M83.57M118.91M120.52M117.69M113.14M123.29M192.62M210.97M
Interest expenses
Interest Expense - Deposits 6.73M7.17M4.98M5.04M4.05M3.98M6.43M8.10M10.99M18.23M30.60M20.33M13.11M13.28M83.69M95.66M
Interest Expense - Debt 1.35M1.34M1.11M0.79M0.62M0.70M0.54M0.51M2.19M2.85M2.85M3.91M5.13M5.11M5.99M6.04M
Interest Expense - Fed Funds 0.10M0.02M0.04M0.10M0.09M0.10M0.09M
Interest Expense - Others 2.18M6.09M2.80M5.81M5.93M8.31M10.22M11.09M
Interest Expenses 8.08M8.51M6.09M5.83M4.67M4.67M7.08M8.63M15.65M27.84M36.92M26.14M19.04M21.59M93.91M106.75M
Interest Income - Net 15.83M27.78M27.34M31.73M30.45M33.42M36.62M40.31M67.92M91.07M83.60M91.56M94.10M101.70M98.71M104.22M
Non-interest income
Interest Income - Total 9.29M18.75M18.84M25.54M26.83M29.97M33.45M35.40M59.29M86.87M83.25M72.11M99.90M90.43M66.17M53.60M
Financial Services Fees 3.56M5.96M7.16M6.52M7.31M5.75M5.73M5.78M
Service Charges 0.68M0.90M0.83M0.83M0.79M0.83M0.95M0.90M3.56M5.96M
Investment Gain (Loss) -0.14M0.26M-0.62M
Investment Banking Income 0.21M0.40M0.66M27.20M45.70M107.10M5.05M17.64M23.92M
Mortgage Banking 5.05M17.64M23.92M
Other Non-Interest Income 0.76M7.50M3.80M0.80M0.82M0.62M2.67M4.96M8.83M3.10M1.70M7.20M1.70M13.30M27.61M19.22M
Non-Interest Income -5.59M1.38M2.44M5.59M1.75M2.36M3.78M2.82M5.43M10.20M11.39M14.66M11.14M18.35M45.25M43.14M
Operating Items
Amortization - Intangibles 0.73M0.94M0.92M0.89M0.47M0.22M0.26M0.22M0.84M1.45M1.42M1.36M1.36M1.32M1.27M1.26M
Depreciation & Amortization - Total 0.52M0.59M0.56M0.62M0.72M0.79M0.81M0.97M2.23M2.79M2.72M2.73M3.62M5.23M6.38M7.33M
Research & Development 0.34M0.59M0.55M0.63M0.56M0.57M0.67M0.74M1.14M1.89M2.38M3.18M3.85M6.01M9.54M10.56M
Wages, Salaries and Other 4.46M6.19M6.79M7.99M9.06M10.22M11.86M11.68M20.29M27.71M26.26M36.67M36.74M49.01M58.77M66.61M
Rent Expense 1.61M2.10M2.24M2.78M3.06M3.17M3.27M3.15M4.81M6.63M6.20M6.14M5.96M5.63M6.24M5.42M
Restructuring Costs 0.50M0.43M9.43M
Other Operating Expenses 8.09M10.92M11.85M17.42M14.94M16.58M18.53M18.35M9.55M42.45M45.29M56.01M58.05M-0.68M-0.48M4.72M
Operating Expenses 11.06M14.20M15.19M21.45M19.29M21.10M23.28M22.82M49.15M53.76M56.59M68.05M71.48M91.45M122.60M125.64M
Operating Income 4.75M5.24M5.29M9.09M7.99M3.93M8.31M3.64M-2.35M-6.07M
EBIT 0.72M14.44M12.18M15.51M13.96M15.91M4.75M5.24M5.29M9.09M7.99M3.93M8.31M3.64M-2.35M-6.07M
Non-operating items
Interest & Investment Income 0.03M0.09M0.07M
Other Non Operating Income 0.42M3.48M3.50M0.57M0.07M18.12M4.32M
Net income details
EBT -7.36M5.93M6.09M9.68M9.29M11.24M13.96M15.41M15.57M43.30M38.05M18.72M39.57M17.33M-11.18M-28.90M
Tax Provisions -2.68M1.88M1.69M3.12M3.04M3.75M4.67M5.09M13.15M9.61M5.89M5.55M8.68M6.49M2.63M-4.24M
Profit After Tax -4.68M4.05M4.40M6.57M6.26M7.48M9.29M10.31M2.42M33.69M33.17M22.98M31.11M14.15M-10.11M-24.66M
Income from Non-Controlling Interests -2.28M-8.46M
Income from Continuing Operations -4.68M4.05M4.40M6.57M6.26M7.48M9.29M10.31M2.42M33.69M32.16M13.16M30.88M10.85M-13.81M-24.66M
Consolidated Net Income -4.68M4.05M4.40M6.57M6.26M7.48M9.29M10.31M2.42M33.69M1.19M10.79M0.29M10.85M-13.81M-24.66M
Income towards Parent Company -4.68M4.05M4.40M6.57M6.26M7.48M9.29M10.31M2.42M33.69M1.19M10.79M0.29M10.85M-13.81M-24.66M
Net Income towards Common Stockholders -4.68M4.05M4.40M6.57M6.26M7.48M9.29M10.31M2.42M33.69M1.19M14.58M30.88M14.15M-7.83M-24.66M
Additional items
EPS (Basic) -0.620.350.380.570.540.630.760.840.131.400.050.601.260.58-0.32-0.66
EPS (Weighted Average and Diluted) 0.540.630.750.830.130.57-0.32-0.66
Shares Outstanding (Weighted Average) 12.20M12.26M23.92M24.05M24.18M24.37M24.57M24.66M24.68M24.72M
EBITDA -5.66M4.21M4.55M6.77M6.05M7.65M11.70M10.13M2.06M32.48M36.54M25.68M28.74M-12.81M-3.76M-15.66M
Tax Rate 36.39%31.64%27.77%32.17%32.67%33.41%33.44%33.07%84.43%22.20%15.48%29.66%21.95%37.41%14.66%