earnings
confidence high
sentiment positive
materiality 0.75
Primis Financial Q1 operating net income $8.1M, up 126% YoY; declares $0.10 dividend
Primis Financial Corp.
2026-Q1 EPS reported
$0.30
- Q1 operating net income $8.1M ($0.33 diluted EPS), up 126% from $3.6M ($0.14) in Q1 2025.
- Net interest income $32.1M (+22% YoY), NIM 3.43% (+28 bps); total assets $4.26B (+15%).
- Mortgage volume surged 122% to $367M; mortgage warehouse loans $460M (+300% YoY).
- Declared $0.10/share dividend, payable May 22, 2026 (58th consecutive quarterly dividend).
- Tangible book value per share $13.47 (+18% YoY); operating ROAA 0.84%, ROTCE 10.19%.