Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Primis Financial's share price for the quarter that ended in Sep. 2023 was $8.15. Primis Financial's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 24.7 Mil. Therefore, Primis Financial's market cap for the quarter that ended in Sep. 2023 was $201.2 Mil.
Primis Financial's quarterly market cap
declined
from Mar. 2023 ($237.7 Mil) to Jun. 2023 ($207.9 Mil) and
declined
from Jun. 2023 ($207.9 Mil) to Sep. 2023 ($201.2 Mil).
Primis Financial's annual market cap
increased
from Dec. 2020 ($295.1 Mil) to Dec. 2021 ($369.6 Mil) but then
declined
from Dec. 2021 ($369.6 Mil) to Dec. 2022 ($292.5 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Primis Financial's Enterprise Value for Today is $352.6 Mil.
Primis Financial Market Cap Historical Data
The historical data trend for Primis Financial's Market Cap can be seen below:
* 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.
Competitive Comparison of Primis Financial's Market Cap
For the Banks - Regional subindustry, Primis Financial's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Primis Financial's Market Cap distribution charts can be found below:
* The bar in red indicates where Primis Financial's Market Cap falls into.
Primis Financial Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Primis Financial's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as
* 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) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Primis Financial Market Cap Related Terms
Thank you for viewing the detailed overview of Primis Financial's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Primis Financial (Primis Financial) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRST has been successfully added to your 