secwatch.observer — SEC 8-K summary
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Issuer:     Primis Financial Corp. (FRST)
CIK:        0001325670
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001104659-26-047808
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Primis Financial Q1 operating net income $8.1M, up 126% YoY; declares $0.10 dividend
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1325670/000110465926047808/0001104659-26-047808-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1325670/000110465926047808/tm2612535d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-047808

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