Quarterly ResultOct 23, 2026, 06:07 AM

Primis Financial Corp. Q3 Net Income $8.7M; EPS $0.35; Dividend $0.10

AI Summary

Primis Financial Corp. announced its financial results for the third quarter ended September 30, 2026, reporting a significant increase in net income and operating net income compared to the prior year. Net income available to common shareholders rose to $8.7 million ($0.35 per diluted share) from $6.8 million ($0.28 per diluted share) in Q3 2025. The company also declared a quarterly cash dividend of $0.10 per share. Key business segments like the Core Bank and Panacea Financial showed strong growth in loans and deposits.

Key Highlights

Primis Financial Corp. reported Q3 2026 net income of $8.7 million, or $0.35 per diluted share, up from $6.8 million, or $0.28 per diluted share, in Q3 2025.
Operating net income available to common shareholders for Q3 2026 was $8.7 million, or $0.35 per diluted share, a 27% increase year-over-year.
Net interest income for Q3 2026 was $36.3 million, up 25% from $29.0 million in Q3 2025.
The company declared a quarterly cash dividend of $0.10 per share, payable on November 20, 2026.
Core Bank loan growth was 11% annualized in Q3 2026.
Panacea Financial loans grew 17% annualized in Q3 2026.
Total assets were $4.3 billion as of September 30, 2026.

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