Primis Financial Corp.

Primis Financial Corp. is a holding company, which engages in the provision of financial services through its subsidiary Sonabank. The firm focuses on making loans secured primarily by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses in a number of industries, as well as loans to individuals for a variety of purposes. It also invests in real estate related securities, including collateralized mortgage obligations and agency mortgage backed securities. The company was founded by Georgia S. Derrico and R. Roderick Porter in July 28, 2004 and is headquartered in McLean, VA.

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Primis Financial Corp. reports strong Q4 performance and eyes growth

Primis Financial Corp. delivered a strong performance in Q4 2022 with notable loan growth and strategic investments in growth areas.
While facing challenges such as increased credit loss provisions and expense management, the company is well-positioned to capitalize on opportunities in new business lines and digital banking.
Management's proactive approach to credit quality and risk management underscores a commitment to sustainable growth and profitability in the coming year.

Primis Financial Corp. reports $5.7M net income, focuses on digital growth

Primis Financial Corp. showcased resilience in net income despite one-time costs, with Core Bank and Digital Platform driving positive performance.
Strong pipelines in Panacea and Life Premium Finance units, along with successful deposit-raising efforts, position the company for growth.
Challenges in cost management and effective communication of safety measures present areas for improvement, while opportunities in digital expansion and customer trust are key focus areas.

Primis Financial Corp. reports robust Q2 performance amid challenges

Primis Financial Corp. showcased strong performance in Q2 with a focus on cost savings, credit quality, and digital success amidst challenges.
Management's strategic strengths in branch consolidations, gain-on-sale strategy, and profitability goals position the company for future growth.
Challenges from COVID impact, employee fraud incidents, and analyst inquiries highlight areas for improvement and risk management.
Opportunities in leveraging digital platforms, mortgage business profitability, and customer-centric strategies can drive sustained growth and success.

Primis Financial Corp. reports stellar Q3 performance and growth prospects

Primis Financial Corp. demonstrated robust performance across its core banking, digital, and lending divisions, with a focus on profitability and efficiency.
The company's strengths lie in its liquidity, low nonperforming assets, and strong customer retention, presenting a solid foundation for future growth.
While challenges exist in maintaining growth momentum, opportunities in digital expansion and strategic partnerships offer avenues for continued success and profitability.

Primis Financial Corp. reports mixed Q4 results, eyes growth opportunities

Primis Financial Corp. navigated challenges in the mortgage division but showcased overall improvements in key financial metrics. With a focus on core deposit growth and strong divisional performances, the company remains optimistic about future profitability and growth opportunities.

Primis Financial Corp. reports strong Q1 performance and growth opportunities

Primis Financial Corp. demonstrated resilience and growth in Q1 2024, with improvements in core earnings and total assets. While facing challenges in net interest income and credit risk exposure, the company has opportunities to optimize margins and enhance credit quality. Strategic focus on key divisions and capital allocation can drive future success.

Primis Financial Corp. (FRST) reports robust Q2 earnings growth

Primis Financial Corp. (FRST) delivered a strong performance in Q2 2024, marked by improved earnings, solid margins, and a focus on growth strategies. While challenges in achieving targeted loan growth exist, the company's emphasis on core profitability and value creation presents promising opportunities for future success.

Primis Financial Corp. reports solid Q3 earnings amidst accounting challenges

Primis Financial Corp. delivered solid Q3 performance with core earnings of $10 million, driven by consumer program contributions and growth in the Panacea division. The company faces challenges in managing accounting corrections and controlling expenses but sees opportunities in new commercial relationships and cost optimization. Transparency through forward-looking statements and a focus on core bank performance are key strengths for Primis Financial Corp.

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Primis Financial (FRST) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Primis Financial (FRST) Is a Great Choice for 'Trend' Investors, Here's Why

Primis Financial (FRST) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Primis Financial (FRST) Soars 5.8%: Is Further Upside Left in the Stock?

MCLEAN, Va. , Dec. 21, 2023 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), today announced that the board of directors of the Company (the "Board") approved a new stock repurchase program for up to 740,600 of the outstanding shares of the Company's common stock (the "Stock Repurchase Program").

Primis Financial Corp. Announces Reauthorization of Stock Repurchase Program

Here's Why Momentum in Primis Financial (FRST) Should Keep going

Primis Financial Corp. (FRST) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, FRST's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.

After Golden Cross, Primis Financial (FRST)'s Technical Outlook is Bright

Primis Financial (FRST) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Strength Seen in Primis Financial (FRST): Can Its 5.2% Jump Turn into More Strength?

MCLEAN, Va. , Nov. 9, 2023 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), and its wholly-owned subsidiary, Primis Bank (the "Bank"), today amended its previously announced financial results for the three and nine months ended September 30, 2023.

Primis Financial Corp. Issues Revised Results for the Third Quarter of 2023

The average of price targets set by Wall Street analysts indicates a potential upside of 27.4% in Primis Financial (FRST). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

How Much Upside is Left in Primis Financial (FRST)? Wall Street Analysts Think 27.35%

Primis Financial Corp. (NASDAQ:FRST ) Q3 2023 Results Conference Call October 27, 2023 10:00 AM ET Company Participants Matt Switzer - CFO Dennis Zember - President and CEO Conference Call Participants Casey Whitman - Piper Sandler Feddie Strickland - Janney Montgomery Scott Operator Hello, my name is Krista, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Primis Financial Corporation Third Quarter Earnings Call.

Primis Financial Corp. (FRST) Q3 2023 Earnings Call Transcript

The headline numbers for Primis Financial (FRST) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Primis Financial (FRST) Reports Q3 Earnings: What Key Metrics Have to Say

Primis Financial (FRST) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.21 per share a year ago.

Primis Financial (FRST) Tops Q3 Earnings and Revenue Estimates

Declares Quarterly Cash Dividend of $0.10 Per Share MCLEAN, Va. , Oct. 26, 2023 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), and its wholly-owned subsidiary, Primis Bank (the "Bank"), today reported net income of $7.6 million for the quarter ended September 30, 2023, compared to net income of $5.0 million for the quarter ended September 30, 2022.

Primis Financial Corp. Reports 55% Increase in Diluted Earnings per Share for the Third Quarter of 2023

MCLEAN, Va. , Oct. 12, 2023 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) (the "Company") today announced that it will release third quarter 2023 results after the market closes on Thursday, October 26, 2023.

Primis Financial Corp. Announces Date for Third Quarter 2023 Earnings Release and Conference Call

MCLEAN, Va. , Oct. 4, 2023 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), and its wholly-owned subsidiary, Primis Bank (the "Bank"), today announced that Rick A.

Primis Financial Corp. Announces Promotion of Rick A. Fulk to President of Primis Bank

Primis Financial Corp. (FRST) Q2 2023 Earnings Call Transcript

The headline numbers for Primis Financial (FRST) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Primis Financial (FRST) Q2 Earnings: A Look at Key Metrics

Primis Financial (FRST) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.24 per share a year ago.

Primis Financial (FRST) Q2 Earnings and Revenues Miss Estimates

Announces Cost Saving Initiative Declares Quarterly Cash Dividend of $0.10 Per Share MCLEAN, Va. , July 27, 2023 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), and its wholly-owned subsidiary, Primis Bank (the "Bank"), today reported a net loss of $0.2 million for the quarter ended June 30, 2023, compared to net income of $6.0 million for the quarter ended March 31, 2023 and $5.0 million for the quarter ended June 30, 2022.

Primis Financial Corp. Reports Basic and Diluted Earnings per Share for the Second Quarter of 2023

Primis Financial (FRST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Primis Financial (FRST) Earnings Expected to Grow: Should You Buy?

MCLEAN, Va. , July 10, 2023 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) (the "Company") today announced that it will release second quarter 2023 results after the market closes on Thursday, July 27, 2023.

Primis Financial Corp. Announces Date for Second Quarter 2023 Earnings Release and Conference Call

Panacea to offer its full suite of banking products to eligible FMA physician members   LITTLE ROCK, Ark. , June 23, 2023 /PRNewswire/ -- Panacea Financial (Panacea), which provides financial services for physicians, dentists, and veterinarians through all stages of their training and practice, has been endorsed by the Florida Medical Association (FMA).

Panacea Financial Announces its Partnership with Florida Medical Association (FMA)

NEW YORK , May 22, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Primis Financial Corp. (NASDAQ: FRST). If you are a shareholder of Primis Financial Corp. and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at: https://pjlfirm.com/primis-financial-corp/ You may also contact Robert H.

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Primis Financial Corp. for Potential Breaches of Fiduciary Duty By Its Board of Directors

Primis Financial Corp. (FRST) Q1 2023 Earnings Call Transcript.

Primis Financial Corp. (FRST) Q1 2023 Earnings Call Transcript

Primis Financial (FRST) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.19 per share a year ago.

Primis Financial (FRST) Misses Q1 Earnings Estimates

Successfully Deployed New Digital Platform at Scale Declares Quarterly Cash Dividend of $0.10 Per Share MCLEAN, Va. , April 27, 2023 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), and its wholly-owned subsidiary, Primis Bank (the "Bank"), today reported net income of $5.8 million for the quarter ended March 31, 2023, compared to $3.1 million for the quarter ended December 31, 2022 and $4.6 million for the quarter ended March 31, 2022.

News for Primis Financial Corp. Stock (FRST)