---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-006753"
form_type: "8-K"
ticker: "FRST"
cik: "0001325670"
company_name: "Primis Financial Corp."
filed_at: "2025-01-28T23:59:59+00:00"
generated_at: "2026-05-27T08:06:29.146471+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Primis Financial reports Q4 net loss of $14.7M; moves consumer loans to held-for-sale

## Summary
- Net loss available to common shareholders of $14.7M ($0.59 loss per share) in Q4 2024 vs loss of $8.2M ($0.33) in Q4 2023.
- Full-year 2024 net loss of $7.5M ($0.31 per share) vs $7.8M ($0.32) in 2023.
- Moved $133M consumer loan portfolio to held-for-sale, incurring $20M additional provision expense and charge-offs.
- Sold Life Premium Finance business; launched mortgage warehouse lending targeting up to 15 bps ROAA improvement.
- Declared $0.10 quarterly dividend payable Feb 26, 2025 to holders of record Feb 12, 2025.

## SEC filing metadata
- accession: 0001104659-25-006753
- form_type: 8-K
- ticker: FRST
- cik: 0001325670
- company_name: Primis Financial Corp.
- filed_at: 2025-01-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1325670/000110465925006753/0001104659-25-006753-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325670/000110465925006753/tm254710d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-006753
- JSON: https://secwatch.observer/filing/0001104659-25-006753.json
- Plain text: https://secwatch.observer/filing/0001104659-25-006753.txt

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