Raymond James cuts Primis Financial stock target to USD 18.00

Published on 10/15/2026 at 19:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Primis Financial held USD 4.4 billion in assets on June 30, 2026. Primis Financial stock costs EUR 13.75 on October 15, 2026 at 7:12 p.m. CEST.

Analyst view and earnings date

On October 6, 2026, Raymond James lowered its Primis Financial target to USD 18.00.
Primis Financial held USD 4.4 billion in assets on June 30, 2026.
Primis Financial stock costs EUR 13.75 at Lang & Schwarz on October 15, 2026 at 7:12 p.m. CEST.
Primis Financial is scheduled to report third-quarter results on October 22, 2026.

FRST, US74167B1098, Illustration mit AI erstellt.

Primis Financial (US74167B1098) has a USD 18.00 Raymond James target after the firm cut it from USD 19.00 on October 6, 2026, according to Benzinga. Using the USD 15.42 Nasdaq price at 1:20 p.m. ET on October 15, 2026, the target stands 16.73 percent above the stock.

Primis Financial's balance-sheet scale is the second key figure. As of June 30, 2026, the bank holding company had USD 4.4 billion in total assets, USD 3.5 billion in loans held for investment and USD 3.4 billion in deposits, according to Fidelity.

Price remains below the yearly high

Primis Financial traded at USD 15.42 on Nasdaq at 1:20 p.m. ET on October 15, 2026. The quote was USD 0.17 above the previous session's USD 15.25, while the 52-week range ran from USD 9.55 to USD 16.88. The current price was 8.65 percent below the 52-week high. Trading volume stood at 28,417 shares against an average of 155,564 shares.

Valuation and the next report

The market capitalization was USD 382.4 million on October 15, 2026, with a price-to-earnings ratio of 7.15 and a trailing dividend yield of 3.00 percent. Primis Financial is scheduled to release third-quarter 2026 results after the market close on October 22, 2026, followed by its conference call on October 23, 2026 at 10:00 a.m. ET, according to Fidelity.

Comparison with peers

Primis Financial (NASDAQ, USD): P/E 7.15, market capitalization USD 382.4 million
Fulton Financial (NASDAQ, USD): plus 2.08 percent, P/E 10.67, market capitalization USD 4.3 billion
HBT Financial (NASDAQ, USD): plus 1.29 percent, P/E 15.20, market capitalization USD 1.3 billion

Price and trading outlook

Primis Financial operates as the holding company for Primis Bank, serving consumers and small and medium-sized businesses through banking, lending and digital services. The company had 593 full-time employees and was led by Dennis J. Zember as of the latest company profile. Primis Financial was trading at EUR 13.75 at Lang & Schwarz on October 15, 2026 at 7:12 p.m. CEST. The bid was EUR 13.40 and the ask EUR 14.10.

The further course of trading is shown by the continuously updated real-time quote of Primis Financial stock.