Every 10-Q that Primis Financial Corp. (FRST) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FRST and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FRST filings page.
Primis Financial Corp. reported significantly higher profitability for the quarter ended June 30, 2026. Net interest income was $33,755 thousand, up from $25,180 thousand a year earlier, and quarterly net income attributable to common stockholders rose to $9,426 thousand, or $0.38 per diluted share, compared with $2,437 thousand, or $0.10.
Total interest and dividend income increased to $56,322 thousand, while the provision for credit losses decreased to $5,452 thousand. Noninterest income was $22,034 thousand, supported by mortgage banking income of $11,388 thousand and a $5,961 thousand gain on other investments, partially offset by smaller gains on the Panacea Financial Holdings investment than in 2025. Noninterest expenses increased to $38,207 thousand.
At June 30, 2026, total assets were $4,353,614 thousand, up from $4,047,388 thousand at year-end 2025, driven by growth in loans held for investment to $3,466,388 thousand and loans held for sale to $231,990 thousand. Deposits rose to $3,446,341 thousand. Federal Home Loan Bank advances expanded to $300,000 thousand, while senior subordinated notes fell to $59,404 thousand. Credit quality improved as total past due loans declined to $81,967 thousand and nonaccrual loans to $61,847 thousand, with the allowance for credit losses at $45,964 thousand. Available-for-sale securities carried net unrealized losses of $4,880 thousand in accumulated other comprehensive loss.
Primis Financial Corp. reported weaker earnings for the quarter ended March 31, 2026. Net income was $7.3 million, down from $22.6 million a year earlier, and diluted EPS fell to $0.30 from $0.92. Last year’s quarter included a $24.6 million gain on the Panacea Financial Holdings investment, which was not repeated.
Core banking activity expanded, with net interest income rising to $32.1 million from $26.4 million as the loan portfolio grew to $3.40 billion of loans held for investment. Total assets increased to $4.26 billion, deposits reached $3.42 billion, and the allowance for credit losses was $46.4 million.
Primis Financial Corp. reported much stronger results for the nine months ended September 30, 2025, with net income attributable to common stockholders of $31.9 million, up from $7.1 million a year earlier, and diluted EPS rising to $1.29 from $0.29.
Results were driven by a $32.3 million gain on the Panacea Financial Holdings (PFH) investment, including a $25 million gain from PFH’s deconsolidation on March 31, 2025 and additional fair value and share-sale gains. Core banking trends were steadier, with net interest income for the period of $80.6 million versus $78.1 million, and provision for credit losses declining to $9.9 million from $17.1 million.
Total loans held for investment grew to $3.20 billion from $2.89 billion, while deposits increased to $3.34 billion. Primis also de-risked and reshaped its balance sheet by completing the sale of its Life Premium Finance division loans to EverBank and repurchasing 79,549 common shares at an average of $10.00 under its buyback program.
Primis Financial Corp. (FRST) reported asset growth and a large one-time investment gain tied to Panacea Financial. Total assets rose to $3.872 billion from $3.690 billion, driven by higher cash and deposits; total deposits increased to $3.343 billion from $3.171 billion and cash and cash equivalents rose to $94.074 million. Net interest income for the quarter was $25.18 million and $51.54 million for the six months, after which the company recorded higher provisions for credit losses ($8.303 million for the quarter, $9.899 million year-to-date).
The Company recognized a $24.6 million gain on deconsolidation of Panacea Financial Holdings (PFH) for the six months and additional PFH-related gains of $7.45 million in the quarter; proceeds from a partial PFH share sale were $22.1 million, and Primis held ~467,000 PFH shares valued at $6.586 million at period-end. Consolidated net income was $2.437 million for the quarter and $21.471 million for six months; diluted EPS was $0.10 quarterly and $1.01 year-to-date. The company repurchased 79,549 shares for $0.8 million under its buyback program.