---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-047951"
form_type: "8-K/A"
ticker: "FRST"
cik: "0001325670"
company_name: "Primis Financial Corp."
filed_at: "2025-05-14T23:59:59+00:00"
generated_at: "2026-05-21T08:08:42.761389+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Primis Q1 EPS $0.92, includes $0.81 gain from PFH deconsolidation

## Summary
- Net income $22.6M, diluted EPS $0.92; includes $20.0M after-tax gain on PFH deconsolidation ($0.81/share).
- Normalized earnings (excl. nonrecurring) were $5.1M, resulting in a 0.56% return on assets.
- Net interest margin improved to 3.15% from 2.90% in Q4 2024; cost of deposits fell 28 bps to 2.52%.
- Consumer loan book reclassified to held for investment; net charge-offs improved to $11.3M from $30.9M in Q4 2024.
- Declared quarterly dividend of $0.10 per share, payable May 28 to holders of record May 14.

## SEC filing metadata
- accession: 0001104659-25-047951
- form_type: 8-K/A
- ticker: FRST
- cik: 0001325670
- company_name: Primis Financial Corp.
- filed_at: 2025-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1325670/000110465925047951/0001104659-25-047951-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325670/000110465925047951/tm2515010d1_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-047951
- JSON: https://secwatch.observer/filing/0001104659-25-047951.json
- Plain text: https://secwatch.observer/filing/0001104659-25-047951.txt

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