---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-055643"
form_type: "8-K"
ticker: "FRST"
cik: "0001325670"
company_name: "Primis Financial Corp."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T08:08:10.465857+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Primis Financial Q3 EPS $0.31, up 55% YoY; net income $7.6M; declares $0.10 dividend

## Summary
- Diluted EPS of $0.31 vs $0.20 in Q3 2022, a 55% increase; net income $7.6M vs $5.0M.
- Net interest margin expanded to 3.02% from 2.65% linked quarter; noninterest expense fell to $25.9M from $30.6M.
- Nonperforming assets (ex-SBA) dropped 21% to $19.6M; pro forma NPAs $6.5M after Oct resolution.
- Quarterly cash dividend of $0.10/share declared, payable Nov 24, 2023 to holders of record Nov 10.
- Community bank attracted $50M in new deposits at 0.39% cost; digital platform opened 1,369 new accounts.

## SEC filing metadata
- accession: 0000950170-23-055643
- form_type: 8-K
- ticker: FRST
- cik: 0001325670
- company_name: Primis Financial Corp.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1325670/000095017023055643/0000950170-23-055643-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325670/000095017023055643/frst-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-055643
- JSON: https://secwatch.observer/filing/0000950170-23-055643.json
- Plain text: https://secwatch.observer/filing/0000950170-23-055643.txt

## Key facts
- Earnings Releases
  Primis Financial Corp. reported the three months ended September 30, 2023 results: net income $7.6 million, EPS $0.31.
  - Period: the three months ended September 30, 2023
  - Net income: $7.6 million
  - EPS: $0.31
  - Result: reported results
  source text: On October 26, 2023, Primis Financial Corp. (“Primis” or the “Company”) issued a press release announcing its financial results for the three months ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1325670/000095017023055643/0000950170-23-055643-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.