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Bullboard - Stock Discussion Forum
Primis Financial Corporation
FRST
Financial Services
Banks - Global
Primis Financial Corp. operates as the bank holding company for Primis Bank that provides various financial services to individuals, and small and medium sized businesses in the United States. The company offers deposit products, including checking, NOW, savings, and money market accounts, as well as certificates of deposits; and commercial deposit products comprising investment/sweep accounts,...
wire transfer services, employer services/payroll processing services, zero balance accounts, night depository services, depository transfers, merchant services, ACH originations, business debit cards, controlled disbursement accounts, and remote deposit capture services. It also provides commercial lending products, such as loans consist of lines of credit, revolving credit facilities, demand loans, term loans, equipment loans, SBA loans, stand-by letters of credit, and unsecured loans; loans for permanent financing; construction loans for commercial, multi-family, assisted living and other ...
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Bullboard (NDAQ:FRST)
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•••
MikeTester
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Post by
MikeTester
on Jan 23, 2025 11:59pm
Primis Financial Corp (FRST): Diversifying Amidst Regulatory
Looks like FRST is making some smart moves. Mortgage div up 67% in locked loan volume. Core bank improving deposits and margins. Management targeting 1% ROA by late 2025. Regulatory issues seem to be
...more
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