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Primis Financial Corp - FRST STOCK NEWS

Welcome to our dedicated news page for Primis Financial (Ticker: FRST), a resource for investors and traders seeking the latest updates and insights on Primis Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Primis Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Primis Financial's position in the market.

Rhea-AI Summary
Primis Financial Corp. announces the promotion of Rick A. Fulk as President of Primis Bank. The company aims to make the bank the primary driver of market value. Fulk's leadership skills and ambition are expected to produce results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.13%
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management
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Rhea-AI Summary
Panacea Financial partners with Bankjoy to provide digital banking tools for healthcare professionals
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End-of-Day
0.12%
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partnership
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Rhea-AI Summary
Primis Financial Corp. announces a cost-saving initiative and declares a quarterly cash dividend of $0.10 per share. The company reported a net loss of $0.2 million for Q2 2023, compared to net income of $6.0 million for Q1 2023 and $5.0 million for Q2 2022. Earnings per share for Q2 2023 was a loss of $0.01, compared to earnings of $0.24 for Q1 2023 and $0.20 for Q2 2022. The cost-saving initiative includes consolidating branches and reducing administrative expenses, with expected annual savings of approximately $9.4 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.4%
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Rhea-AI Sentiment
End-of-Day
-0.6%
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Rhea-AI Summary
Panacea Financial, a financial services company for physicians, dentists, and veterinarians, has been endorsed by the Florida Medical Association (FMA). Panacea will offer its full suite of banking products to eligible FMA physician members. The FMA represents over 25,000 members in Florida and supports the physician community on various issues. Panacea specializes in providing tailored financial services for doctors throughout their career and training, including personal loans, student loan refinancing, and practice loans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.34%
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partnership
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End-of-Day
-1.78%
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-- %
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-7.52%
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Rhea-AI Sentiment
End-of-Day
1.98%
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partnership
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.4%
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Primis Financial Corp

Nasdaq:FRST

FRST Rankings

FRST Stock Data

261.25M
22.00M
3.62%
84.4%
0.44%
Commercial Banking
Finance and Insurance
Link
US
Charlottesville

About FRST

southern national bankshares corp.