Welcome to our dedicated page for Primis Financial news (Ticker: FRST), a resource for investors and traders seeking the latest updates and insights on Primis Financial stock.
Primis Financial Corp. reports recurring developments for its bank holding company operations through Primis Bank and its financial services for individuals and small- and medium-sized businesses. Company news commonly covers quarterly earnings, net interest margin trends, loan and deposit activity, commercial banking, consumer and residential lending, mortgage origination, and service delivery through branches in Virginia and Maryland as well as online and mobile applications.
Updates also include quarterly cash dividends, stock repurchase authorizations, balance sheet actions, securities portfolio restructuring, branch-property transactions, earnings call schedules, and management commentary on operating leverage and profitability initiatives.
Primis Financial Corp (NASDAQ: FRST) announced the election of Scott R. Gamble and J. Brock Saunders to its Board of Directors at the annual shareholder meeting. Gamble brings 38+ years of commercial and retail banking experience, while Saunders adds broad capital markets and investment expertise. They succeed Robert Clagett and Charles Kabbash, who did not stand for reelection.
Primis Financial (NASDAQ: FRST) reported net income available to common shareholders of $7.3M ($0.30 diluted EPS) for Q1 2026 and operating net income of $8.1M ($0.33 diluted EPS). Total assets were $4.26B, net interest income $32.1M (NIM 3.43%), and tangible book value per share was $13.47. The Board declared a quarterly cash dividend of $0.10 per share payable May 22, 2026.
Primis Financial Corp (NASDAQ: FRST) will release first quarter 2026 results after market close on April 23, 2026 and hold a conference call and webcast at 10:00 a.m. ET on April 24, 2026.
According to the company, a replay will be available for seven days. As of December 31, 2025, Primis reported $4.0 billion in total assets, $3.2 billion in loans held for investment and $3.3 billion in deposits, with 24 branches in Virginia and Maryland.
Primis Financial (NASDAQ: FRST) reported a strong turnaround for Q4 2025: net income $30M and EPS $1.20 versus a Q4 2024 loss. Full-year 2025 net income was $61M, EPS $2.49. Key balance-sheet moves: assets $4.05B, loans $3.28B, deposits $3.40B, tangible book value per share $13.34.
Quarter included a $51M sale-leaseback gain, mortgage and warehouse volume growth, and reduced cost of funds; management expects improved run-rate profitability in 2026.
Primis Financial Corp. (NASDAQ: FRST) will release its fourth quarter 2025 results after the market closes on Thursday, January 29, 2026, and will host a conference call and audio webcast for analysts and investors at 10:00 a.m. ET on Friday, January 30, 2026. The company provided a webcast link and dial‑in numbers for live participation and a replay available for seven days.
As of September 30, 2025, Primis reported $4.0 billion in total assets, $3.2 billion in total loans held for investment, and $3.3 billion in total deposits. Primis Bank operates 24 full‑service branches in Virginia and Maryland and offers online and mobile banking.
Primis Financial Corp (NASDAQ: FRST) announced a stock repurchase program authorizing the repurchase of up to 750,000 shares of common stock.
The program runs from December 18, 2025 through December 18, 2026, subject to earlier termination or exhaustion of the authorized shares. The company previously repurchased 79,549 shares at an average cost of $10.00 per share under its prior plan.
Repurchases may occur in open market or privately negotiated transactions and may follow Rule 10b-18 or a Rule 10b5-1 trading plan. The timing and amount of repurchases depend on stock performance, market and economic conditions, regulatory requirements, availability of funds, and other considerations; the program does not obligate the company to buy any specific number of shares.
Primis Financial (NASDAQ: FRST) announced a sale-leaseback covering 18 branch properties that generated approximately $58 million of proceeds and a pretax gain of $48–50 million. After restructuring charges and taxes the company expects a $38 million after-tax gain or $1.54 per share, and projects a 13.2% increase in tangible book value to $13.25 per share.
The company expects recurring earnings to rise 15.0%, net interest margin to expand to 3.46%, CET1 to increase by 0.70 points (to 9.32% consolidated), and annual pre-tax earnings tailwinds from securities, debt and BOLI actions totaling roughly $8.5 million.
Primis Financial (NASDAQ: FRST) reported 3Q25 net income $7.0M or $0.28 diluted EPS and declared a quarterly cash dividend of $0.10 per share. Year-to-date through Sept 30, 2025 net income was $32M or $1.29 EPS versus $7M YTD a year ago.
Key operating highlights: net interest margin 3.18% (core 3.15%), digital deposits >$1.0B, mortgage warehouse balances $327M (up 411% vs 12/31/24), Panacea loans $548M (+40% YoY), and core operating expense burden of $21.6M in 3Q25.
Primis Financial Corp (NASDAQ: FRST) will release its third quarter 2025 results after market close on Thursday, October 23, 2025.
The company will host a conference call and audio webcast for analysts and investors at 10:00 a.m. Eastern Time on Friday, October 24, 2025. The webcast is available at https://events.q4inc.com/attendee/859535228. Dial-in details: toll-free (888) 330-3573; toll (646) 960-0677; Conference ID 4440924. Participants are encouraged to dial in 15 minutes early. A replay will be available for seven days: toll-free (800) 770-2030; toll (609) 800-9909; Replay Access Code 4440924.
As of June 30, 2025, Primis reported $3.9 billion in total assets, $3.1 billion in total loans held for investment, and $3.3 billion in total deposits. Primis Bank operates 24 full-service branches in Virginia and Maryland.
Primis Financial Corp. (NASDAQ: FRST) reported Q2 2025 net income of $8.4 million, or $0.34 per diluted share, compared to $3.4 million ($0.14/share) in Q2 2024. For H1 2025, net income reached $31.1 million ($1.26/share), up from $5.9 million ($0.24/share) in H1 2024.
Key highlights include the sale of partial ownership in Panacea Financial Holdings generating $22.1 million in proceeds and a $7.5 million pre-tax gain. Primis Mortgage closed $323 million in loans, up 52% YoY. The company declared a quarterly cash dividend of $0.10 per share and expects to reduce quarterly expenses by approximately $1.5 million through technology cost reductions and core deposit amortization ending.
The bank's core operations showed strength with a cost of deposits of 1.79% in Q2 2025, down from 2.20% YoY, and mortgage warehouse lending grew 189% since December 2024 to $185 million.