Bank First vs Primis Financial
Primis Financial is the larger business, with $224m of revenue in fiscal 2025 against $174m for Bank First (1.3 times as much). Primis Financial grew faster (51.9% against 10.4%). Bank First kept more of each dollar of sales as profit: a net margin of 41.1% against 27.5%.
| Latest fiscal year | Bank FirstBFC, 2025 | Primis FinancialFRST, 2025 |
|---|---|---|
| Revenue | $174m | $224m |
| Revenue growth | 10.4% | 51.9% |
| Net income | $71.5m | $61.4m |
| Operating margin | — | — |
| Net margin | 41.1% | 27.5% |
| Return on equity | 11.1% | 15.9% |
| Free cash flow | $51.0m | $9.0m |
| Cash | $243m | $144m |
| Total debt | $0 | $14.8m |
| Debt to equity | — | — |
| Dividend per share | $5.30 | $0.40 |
| Dividend yield | 1.2% | — |
| Share buybacks | $22.0m | $807,000 |
| Employees | 380 | 593 |
| Market value | $1.65bn | $367m |
| Price vs our value range | — | — |
| Moat score | 76 (Strong) | 43 (Weak) |
| Insider trades, 12 months | 5 buys, 3 sales | 0 buys, 0 sales |