Primis Financial (NASDAQ:FRST - Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.35), Zacks reports. The firm had revenue of $66.40 million during the quarter. During the same period in the prior year, the company earned $0.32 EPS.
Primis Financial Trading Down 3.8 %
Shares of NASDAQ FRST traded down $0.45 during midday trading on Friday, reaching $11.35. 152,166 shares of the stock were exchanged, compared to its average volume of 65,600. The company has a market capitalization of $280.14 million, a P/E ratio of 13.20 and a beta of 0.75. The stock has a 50 day moving average price of $11.85 and a 200-day moving average price of $11.22. Primis Financial has a 52-week low of $7.71 and a 52-week high of $13.69.
Primis Financial Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Friday, November 8th will be paid a dividend of $0.10 per share. The ex-dividend date is Friday, November 8th. This represents a $0.40 annualized dividend and a dividend yield of 3.52%. Primis Financial's dividend payout ratio is currently 46.51%.
About Primis Financial
(
Get Free Report)
Primis Financial Corp. 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.
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