Primis Financial reports preliminary Q1 EPS $0.26, declares $0.10 dividend; SEC pre-clearance ongoing

Primis Financial Corp.

2024-Q1 EPS reported $0.10

Preliminary Q1 2024 diluted EPS $0.26 vs $0.23 YoY; net income available to common $6.3M.
Results are preliminary and subject to restatement due to ongoing SEC pre-clearance process on consumer loan portfolio accounting.
Pre-tax income $6.4M; adjusted pre-tax $9.0M after excluding $2.0M PFH losses and $0.6M advisory costs.
Board declared $0.10 per share cash dividend payable May 24, 2024 to holders of record May 10, 2024.
Total assets $3.92B, loans $3.22B, deposits $3.31B; net interest margin 3.18% vs 3.16% YoY.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Primis Financial Corp. reported preliminary financial results for the first quarter of 2024.

Period: the first quarter of 2024
Result: preliminary results

Exact text from the filing

On April 25, 2024, Primis Financial Corp. (“Primis” or the “Company”) issued a press release announcing its preliminary financial results for the three months ended March 31, 2024.

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Source: SEC EDGAR

accession 0001104659-24-052048

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