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Primis Financial Corp. Reports Earnings per Share for the Fourth Quarter of 2024

1. Primis Financial Corp. reports a net loss of $14.7 million for Q4 2024. 2. Quarterly cash dividend of $0.10 per share declared amid ongoing losses.

Earnings
-7.26%Current Return
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-0.45%S&P 500
$11.4301/28 05:02 PM EDTEvent Start
$10.601/29 11:36 PM EDTLatest Updated
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FAQ

Why Bearish?

The reported net loss has worsened compared to the prior year, reflecting financial instability.

How important is it?

The losses and dividend declaration are significant for shareholder perception and stock valuation.

Why Short Term?

Immediate investor sentiment may drop due to current losses affecting stock performance.

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FRST
Declares Quarterly Cash Dividend of $0.10 Per Share MCLEAN, Va. , Jan. 28, 2025 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), and its wholly-owned subsidiary, Primis Bank (the "Bank"), today reported a net loss available to common shareholders of $14.7 million or $0.59 loss per basic and diluted share for the quarter ended December 31, 2024, compared to a net loss available to common shareholders of $8.2 million or $0.33 loss per basic and diluted share for the quarter ended December 31, 2023.

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