secwatch.observer — SEC 8-K summary
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Issuer:     Primis Financial Corp. (FRST)
CIK:        0001325670
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0001104659-26-008048
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Primis Financial Q4 net income $30M ($1.20 EPS); NIM 3.28%; TBV $13.34; dividend $0.10
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- Q4 2025 net income $30M vs net loss $23M in Q4 2024; diluted EPS $1.20 vs ($0.94).
- Net interest income $30.9M (+18% YoY); net interest margin 3.28% vs 2.90% a year ago.
- Tangible book value per share $13.34, up 28% YoY; TCE/TA ratio improved to 8.33%.
- Mortgage volume $378M (+84% YoY); mortgage warehouse loans $318M (+398% YoY).
- Panacea loans $544M (+25% YoY); quarterly dividend $0.10/sh payable Feb 27; plans to redeem $27M subdebt Jan 31.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1325670/000110465926008048/0001104659-26-008048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1325670/000110465926008048/tm264405d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-008048

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer