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Primis Financial (FRST) Stock News

FRST NASDAQ

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.

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Primis Financial (NASDAQ: FRST) reported third-quarter 2026 net income available to common shareholders of $8.7 million, higher than a year earlier. Diluted earnings per share rose to $0.35 from $0.28. Net interest income increased 25% to $36.3 million, and net interest margin widened to 3.66% from 3.18%.

Nine-month net income fell to $25.4 million from $31.9 million; the periods included investment gains of $5.9 million and $32.0 million, respectively. Adjusted operating net income rose 211% to $22.3 million. Primis Mortgage posted an approximately $0.3 million quarterly pre-tax loss versus $1.9 million in earnings a year earlier. Nonperforming assets excluding SBA-guaranteed portions fell to 1.43% of assets from 2.07% a year earlier. Tangible book value per share rose 18% to $13.81. The board declared a $0.10 quarterly dividend.

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Primis Financial (FRST) will release its third quarter 2026 results after the market closes on October 22, 2026.

The company will host a conference call and audio webcast for analysts and investors on October 23, 2026, at 10:00 a.m. Eastern Time. A replay will be available through the webcast link.

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Primis Financial (NASDAQ: FRST) reported second-quarter 2026 net income available to common shareholders of $9.4 million, or $0.38 per diluted share, versus $2.4 million, or $0.10, a year earlier, and declared a quarterly cash dividend of $0.10 per share. For the first half of 2026, net income was $16.7 million, or $0.68 per diluted share, compared with $25.1 million, or $1.01, in 2025.

Second-quarter ROAA improved to 0.90% from 0.26%, while net interest income rose 34% year-over-year to $33.8 million and net interest margin expanded to 3.45% from 2.86%. Noninterest income was $22.0 million, aided by a $5.9 million gain from the sale of an insurance agency and stronger mortgage-related income.

Nonperforming assets fell 37% during the quarter to $63 million, or 1.45% of total assets. The company highlighted a planned core consolidation and digital conversion expected to add $6.1 million of annual earnings improvements through revenue enhancements and cost savings beginning in late 2026.

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Primis Financial Corp (NASDAQ: FRST) will release its second quarter 2026 financial results after the market closes on Thursday, July 23, 2026. The company will hold an analyst and investor conference call and audio webcast at 10:00 a.m. Eastern Time on Friday, July 24, 2026.

The live webcast will be available at https://events.q4inc.com/attendee/499443631. Participants can also join via toll-free dial-in at (833) 461-5787 or U.S. toll numbers (585) 542-9983 (East) and (626) 884-3620 (West), using Meeting ID 499 443 631. A replay will be accessible through the webcast link.

According to Primis Financial Corp, as of March 31, 2026, the company had $4.3 billion in total assets, $3.4 billion in total loans held for investment, and $3.4 billion in total deposits, offered mainly through 24 branches in Virginia and Maryland and digital channels.

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Primis Financial (NASDAQ: FRST) appointed Margaret M. Weichert to its Board of Directors. She brings 30 years of financial services experience across banks, multinationals, government, startups and nonprofits.

Her background spans payments technology, AI, cloud, cyber, blockchain, and leading businesses with hundreds of millions in revenue and trillions in payment volume.

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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.

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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.

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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.

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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.

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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.

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FAQ

What is the current stock price of Primis Financial (FRST)?

Primis Financial (FRST) last closed at $15.28.

What is the market cap of Primis Financial (FRST)?

The market cap of Primis Financial (FRST) is approximately $378.9M.