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., formerly known as Southern National Bancorp of Virginia, has officially changed its name and trading symbol. Effective March 31, 2021, the company trades under the new symbol FRST on NASDAQ. The change reflects a strategic rebranding aimed at enhancing customer and shareholder engagement. As of December 31, 2020, the company reported total assets of $3.09 billion, total loans of $2.44 billion, and total deposits of $2.43 billion. The transition aims to create a more innovative brand identity.