Primis Financial CORP

Market Movers (8-K)

NASDAQ
Primis Financial Corp. announced robust second quarter 2026 financial results, with net income available to common shareholders soaring to $9.4 million, or $0.38 per diluted share, and declared a quarterly cash dividend of $0.10 per share.
Better than expected
NASDAQ
Primis Financial Corp. announced the appointment of Margaret M. Weichert to its Board of Directors, effective June 25, 2026, leveraging her extensive experience in financial services, technology, and government.
NASDAQ
Primis Financial Corp. announced the election of Scott R. Gamble and J. Brock Saunders to its Board of Directors following its 2026 Annual Meeting.
NASDAQ
Primis Financial Corp. reported strong Q1 2026 operating results with $8.1 million in operating net income and declared a $0.10 per share quarterly dividend.
NASDAQ
Primis Financial Corp. reported a significant turnaround in Q4 2025, achieving $30 million in net income and declaring a $0.10 per share quarterly dividend.
Better than expected
NASDAQ
Primis Financial Corp. announced a new stock repurchase program authorizing the buyback of up to 750,000 shares of its common stock.

Quarterly Earnings (10-Q)

NASDAQ
Primis Financial Corp. achieved a significant increase in net interest margin and mortgage banking income in Q1 2026, despite a decline in headline net income following a prior-year one-time gain.
Better than expected
NASDAQ
Primis Financial Corp. reported a significant increase in net income for the third quarter and first nine months of 2025, driven by strategic growth initiatives and lower credit loss provisions.
Better than expected
NASDAQ
Primis Financial Corp. reported a decline in Q2 2025 net income to $2.4 million, or $0.10 EPS, primarily due to a significant increase in provision for credit losses, despite a substantial gain from the deconsolidation and partial sale of Panacea Financial Holdings investment.
Delay expected
Worse than expected
NASDAQ
Primis Financial Corp. announces a significant increase in net income for Q1 2025, primarily due to a gain from the deconsolidation of Panacea Financial Holdings, Inc. (PFH).
Better than expected
NASDAQ
Primis Financial Corp. experienced a mixed third quarter in 2024, marked by increased net interest income and a strategic move to sell its Life Premium Finance division, while also facing higher credit loss provisions.
Worse than expected
NASDAQ
Primis Financial Corp. experienced a mixed second quarter in 2024, with increased net interest income and decreased noninterest expenses, but a decline in noninterest income and ongoing challenges in the Consumer Program loan portfolio.
Worse than expected

Annual Reports (10-K)

NASDAQ
Primis Financial Corp. reported a significant turnaround in 2025, achieving $61 million in net income and $2.49 EPS, driven by strategic business line growth and a sale-leaseback transaction.
Better than expected
Capital raise
NASDAQ
Primis Financial Corp. reports a net loss for 2024, impacted by provisions for credit losses primarily related to its Consumer Program.
Worse than expected
NASDAQ
Primis Financial Corp.'s 10-K filing outlines its common stock characteristics, dividend policies, and measures designed to deter hostile takeovers.
NASDAQ
Primis Financial Corp. has amended its annual report on Form 10-K to restate financial disclosures related to a third-party consumer loan program and correct for fraud losses.
Worse than expected
Delay expected

Insider Trading (Form 4)

NASDAQ
Director Jason Brock Saunders acquired 500 shares of Primis Financial Corp. common stock at an average price of $15.20.
NASDAQ
Primis Financial Corp. Director Fred L. Garrett III acquired 155 shares of common stock at $15.24 per share on June 9, 2026.
NASDAQ
Director Fred L. Garrett III acquired 250 shares of Primis Financial Corp. common stock at a weighted average price of $15.03.
NASDAQ
Director Fred L. Garrett III acquired 1,300 shares of Primis Financial Corp. common stock through open market purchases.
NASDAQ
Primis Financial Corp. director Scott R. Gamble reported a transaction involving the acquisition of common stock.
NASDAQ
EVP and Chief Information Officer Anurag Sharma purchased 694.203 shares of Primis Financial Corp. common stock at $14.40 per share.

Proxy Statements (Def-14A)

NASDAQ
Primis Financial Corp. has issued its proxy statement for the 2026 Annual Meeting of Stockholders, detailing the election of directors, ratification of auditors, and advisory vote on executive compensation.
NASDAQ
Primis Financial Corp. has released a supplement to its definitive proxy statement, providing crucial clarifications on voting standards, abstentions, and broker non-votes for key proposals at its upcoming Annual Meeting on June 26, 2025.
NASDAQ
Primis Financial Corp. announces its 2025 Annual Meeting of Stockholders, featuring proposals to declassify the Board of Directors and approve a new omnibus incentive plan.
Worse than expected
NASDAQ
Primis Financial Corp. will hold its 2024 Annual Meeting of Stockholders virtually on December 19, 2024, to elect directors, ratify the appointment of independent auditors, and conduct an advisory vote on executive compensation.
Worse than expected

Schedule 13D - Activist Investments

NASDAQ
Castle Creek Capital Partners VII, LP has reduced its beneficial ownership of Primis Financial Corp. common stock to below 5% after selling shares between April 13 and April 17, 2026.
NASDAQ
Castle Creek Capital Partners VII, LP has sold a significant portion of its holdings in Primis Financial Corp., reducing its ownership to 5.4% after a series of open-market transactions.
NASDAQ
Patriot Financial Partners III, L.P. and its affiliates have filed an amended Schedule 13D, reporting a 4.94% beneficial ownership in PRIMIS FINANCIAL CORP. for investment purposes.
NASDAQ
Patriot Financial Group, a private equity fund, has disclosed a 5.35% beneficial ownership stake in PRIMIS FINANCIAL CORP. for investment purposes.