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Primis Financial Q4 2022 Earnings Report

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$11.69 -0.55 (-4.49%)
(As of 05:27 PM ET)

Primis Financial EPS Results

Actual EPS
$0.03
Consensus EPS
$0.29
Beat/Miss
Missed by -$0.26
One Year Ago EPS
N/A

Primis Financial Revenue Results

Actual Revenue
$40.57 million
Expected Revenue
$33.94 million
Beat/Miss
Beat by +$6.63 million
YoY Revenue Growth
N/A

Primis Financial Announcement Details

Quarter
Q4 2022
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Primis Financial Earnings Headlines

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Primis Financial price target lowered to $14 from $16 at Stephens
Primis Financial Faces Nasdaq Delisting Challenges
See More Primis Financial Headlines
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About Primis Financial

Primis Financial (NASDAQ:FRST) operates as the bank holding company for Primis Bank that provides a range of financial services to individuals and small and medium sized businesses in the United States. Its deposit products include checking, NOW, savings, and money market accounts, as well as certificates of deposits. The company also provides commercial business and real estate, construction, secured asset based, small business administration, mortgage warehouse lending products, as well as financing for medical, dental, and veterinary businesses; residential mortgage, trust mortgage, home equity lines of credit, secured and unsecured personal, and consumer loans, as well as life insurance premium financing and demand loans. It also offers cash management services comprising investment/sweep, zero balance, and controlled disbursement accounts; and wire transfer, employer/payroll processing, night depository, depository transfer, merchant, ACH origination, and remote deposit capture services. In addition, the company provides debit cards, ATM services, notary services, and mobile and online banking. It operates full-service branches in Virginia and Maryland. The company was formerly known as Southern National Bancorp of Virginia, Inc. and changed its name to Primis Financial Corp. Primis Financial Corp. was founded in 2004 and is based in McLean, Virginia.

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