Primary BkPRMY 60 Return-on-Tangible-Equity is 10.93% as of Dec. 2025, which is 3% below its 10-year median of 11.27. GuruFocus rates PRMY with a GF Score™ of 60/100 and a GF Value™ of $25.60 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,525 Banks companies, Primary Bk ranks worse than 52% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Primary Bk's annualized net income for the quarter that ended in Dec. 2025 was $11.64 Mil. Primary Bk's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $106.46 Mil. Therefore, Primary Bk's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 10.93%.
The historical rank and industry rank for Primary Bk's Return-on-Tangible-Equity or its related term are showing as below:
PRMY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.97 Med: 11.27 Max: 15.21
Current: 10.93
During the past 7 years, Primary Bk's highest Return-on-Tangible-Equity was 15.21%. The lowest was 7.97%. And the median was 11.27%.
PRMY's Return-on-Tangible-Equity is ranked worse than 52% of 1525
companies
in the Banks industry
Industry Median: 11.21
vs PRMY: 10.93
Primary Bk (OTCPK:PRMY) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Primary Bk Return-on-Tangible-Equity Related Terms
Primary Bk Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Primary Bk's Return-on-Tangible-Equity 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.
PRMY vs SRBK, BEOB, FSRL: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Primary Bk's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Primary Bk Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Primary Bk's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Primary Bk's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is one times the annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 10.93% mean?
Primary Bk (PRMY) has a Return-on-Tangible-Equity of 10.93% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Primary Bk and its competitors. This is near median its historical median of 11.27. Over the past decade, Primary Bk's Return-on-Tangible-Equity has ranged from 7.97 to 15.21. According to the industry distribution chart, Primary Bk ranks #793 out of 1525 companies in the Banks industry, placing it in the top 52%.
Is Primary Bk's Return-on-Tangible-Equity too high?
Primary Bk's current Return-on-Tangible-Equity of 10.93% is near median its 10-year median of 11.27. Over the past 10 years, this metric has ranged from a low of 7.97 to a high of 15.21. The Banks industry median Return-on-Tangible-Equity is 11.21. Primary Bk's value of 10.93% is 2.5% below this industry median. Based on the distribution chart, Primary Bk ranks #793 out of 1525 companies in the Banks industry, which is below the industry midpoint. Overall, Primary Bk has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primary Bk's Return-on-Tangible-Equity compare to SRBK and BEOB?
According to the Banks industry distribution chart, Primary Bk ranks #793 out of 1525 companies for Return-on-Tangible-Equity. This places Primary Bk in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.21. Primary Bk's value of 10.93% is 2.5% below this benchmark. Historically, Primary Bk's own Return-on-Tangible-Equity has ranged from 7.97 to 15.21 over the past decade. While the company's 10-year median is 11.27 vs. the industry median of 11.21, Primary Bk has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.21, based on 1,525 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Primary Bk's current Return-on-Tangible-Equity of 10.93% is 2.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Primary Bk and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primary Bk's current Return-on-Tangible-Equity is 10.93%, which is near median its own 10-year median of 11.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primary Bk stock overvalued right now?
Based on GuruFocus' analysis, Primary Bk (PRMY) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.60, compared to a current price of $29.89 — trading 16.7% above its estimated fair value. The current Return-on-Tangible-Equity is 10.93%, which is near median its 10-year median of 11.27 and 2.5% below the Banks industry median of 11.21. Primary Bk's overall GF Score™ is 60/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Primary Bk (PRMY), the current Return-on-Tangible-Equity is 10.93% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Primary Bk (PRMY) Overvalued in 2026?
Based on GuruFocus' analysis, Primary Bk stock appears to be overvalued.
The current stock price of $29.89 is trading 16.7% above its estimated GF Value™ of $25.60.
GuruFocus considers Primary Bk to be Modestly Overvalued.
Key valuation signals for PRMY:
Return-on-Tangible-Equity: 10.93% (near median its 10-year median of 11.27)
GF Value™: $25.60 vs. price of $29.89 (16.7% above fair value)
Industry Position: 2.5% below the Banks median (#793 of 1525)
No single metric tells the full story. See the PRMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Primary Bk is a banking service provider. The services offered by the bank include online banking, mobile banking, remote deposit, cash management, and credit cards. The Bank provides a variety of financial services to small and medium-sized businesses, professionals, municipalities, and not-for-profit organizations through its offices in Bedford, Manchester, Derry, and Nashua, New Hampshire.
60GF Score
Get the complete analysis for PRMY
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PRMY has been successfully added to your 