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FRST (Primis Financial) 3-Month Share Buyback Ratio : -0.06% (As of Sep. 2024 )


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What is Primis Financial 3-Month Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Primis Financial's current 3-Month Share Buyback Ratio was -0.06%.


Competitive Comparison of Primis Financial's 3-Month Share Buyback Ratio

For the Banks - Regional subindustry, Primis Financial's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Primis Financial's 3-Month Share Buyback Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Primis Financial's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Primis Financial's 3-Month Share Buyback Ratio falls into.


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Primis Financial 3-Month Share Buyback Ratio Calculation

Primis Financial's 3-Month Share Buyback Ratio for the quarter that ended in Sep. 2024 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Jun. 2024 ) - Shares Outstanding (EOP) (Sep. 2024 )) / Shares Outstanding (EOP) (Jun. 2024 )
=(24.708 - 24.723) / 24.708
=-0.06%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Primis Financial  (NAS:FRST) 3-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Primis Financial 3-Month Share Buyback Ratio Related Terms


Primis Financial Business Description

Traded in Other Exchanges
N/A
Address
1676 International Drive, Suite 900, McLean, VA, USA, 22101
Primis Financial Corp is the bank holding company for Primis Bank, providing financial services to individuals and small and medium-sized businesses. Primis Bank offers a wide range of commercial banking services, it focuses on making loans secured majorly by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses in a number of industries, as well as loans to individuals for a variety of purposes. Primis Bank offers a broad range of deposit products, including checking (NOW), savings, money market accounts and certificates of deposit.
Executives
John Fitzgerald Biagas director 627 36TH STREET, NEWPORT NEWS VA 23607
William Rand Cook director 4459 CROWN HILL ROAD, MECHANICSVILLE VA 23111
Susan B Williamson officer: EVP, Director of Reg Relations 32482 JENKINS MILL ROAD, FRANKLIN VA 23851
Eric Alan Johnson director P O BOX 517, URBANNA VA 23175
Charles A Kabbash director 308 EAST MARKET ST., CHARLOTTESVILLE VA 22902
Garrett F L Iii director 268 CATHCHPENNY LANE, BOWLERS WHARF VA 22560
Robert Yates Clagett director 17017 RIVER AIRPORT ROAD, BRANDYWINE MD 20613
Deborah Diaz director 6830 OLD DOMINION DRIVE, MCLEAN VA 22101
Rickey Allen Fulk officer: EVP, President 1194 ELSOM MASCOT ROAD, MATTAPONI VA 23110
Clinton Tyler Stafford officer: Pres Panacea Financial 4612 CLUB ROAD, LITTLE ROCK AR 72207
Jones Allen R Jr. director 304 MARCELLA ROAD, SUITE E, HAMPTON VA 23666
Matthew Alan Switzer officer: EVP, CFO 6830 OLD DOMINION DRIVE, MCLEAN VA 22101
Julia E Fredricks officer: EVP, Chief Risk Officer 11032 SLENDERLEAF DRIVE, GLEN ALLEN VA 23060
Ann-stanton C Gore officer: EVP, Chief Marketing Officer 1700 WOODLAKE DRIVE, COLUMBIA SC 29206
Barry P Almond officer: EVP, Head of Retail/Marketing 14319 NICOLAY WAY, MIDLOTHIAN VA 23114