macro

Primis Financial Q3 profit rises to $0.35 per share and declares $0.10 dividend

Primis Financial Corp. reported higher third-quarter 2026 earnings per diluted share and declared a $0.10 quarterly dividend.

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what happened

Primis Financial Corp. (FRST) reported net income to common shareholders of $8.7 million, or $0.35 per diluted share, in the third quarter of 2026. A year earlier the figure was $0.28 per share. TradingView reports this based on the company's press release distributed by PR Newswire.

Net interest income rose 25% to $36.3 million. The net interest margin came in at 3.66%, or 3.59% when adjusted for a $0.7 million recovery. Noninterest income fell from the second quarter, mainly because of weaker mortgage activity. The provision for credit losses was $1.1 million.

The company also declared a quarterly dividend of $0.10 per share. It is payable on November 20, 2026 to holders of record on November 6, 2026.

why it matters

The results look constructive: profit growth is supported by higher interest income and margin, and credit quality improved. Softer mortgage income remains a risk. The news matters mainly to Primis shareholders and small regional banks, with limited impact on the broader market.

tags

instruments

FRST

sources

  1. Primis Financial Corp. (FRST) Q3 EPS $0.35, Up From $0.28; Declares $0.10 Dividend — TradingView, 23 October 2026 at 00:30 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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