Primis Financial Declares Quarterly Cash Dividend of $0.10 Per Share

Written by Emily J. Thompson, Senior Investment Analyst

Source: Newsfilter

Updated: Jan 29 2026

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Source: Newsfilter

Net Income Reversal: In Q4 2025, Primis Financial reported a net income of $30 million, or $1.20 per diluted share, a significant turnaround from a net loss of $23 million in Q4 2024, indicating a robust recovery in profitability that is expected to drive sustained growth into 2026.
Asset and Loan Growth: As of December 31, 2025, total assets reached $4.047 billion, a 10% increase from 2024, with total loans amounting to $3.284 billion, up 14%, reflecting the company's competitive position and strong customer demand in the market.
Significant Increase in Non-Interest Income: Non-interest income surged to $50 million in Q4 2025, compared to $13 million in Q4 2024, primarily driven by a $51 million gain from a sale-leaseback transaction, showcasing the company's success in diversifying its revenue streams.
Continuous Dividend Growth: The Board declared a cash dividend of $0.10 per share, marking Primis' 57th consecutive quarterly dividend, reflecting strong cash flow and a commitment to shareholder returns, thereby enhancing investor confidence.

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About FRST

Primis Financial Corp. is the bank holding company for Primis Bank (the Bank), a Virginia state-chartered bank. The Bank provides a range of financial services to individuals and small- and medium-sized businesses through approximately 24 full-service branches in Virginia and Maryland and provides services to customers through certain online and mobile applications. The Company's segments include Primis Bank and Primis Mortgage. The Primis Bank segment specializes in providing financing services to businesses in various industries and deposit-related services to businesses, consumers and other customers. The Primis Mortgage segment specializes in originating mortgages in a majority of the United States. The Bank invests in real estate-related securities, including collateralized mortgage obligations and agency mortgage-backed securities. The Bank offers a broad range of deposit products, including checking (NOW), savings, money market accounts and certificates of deposit.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Mendon Capital Initiates $4.73 Million Stake in Central Bancompany

1 hour agoYahoo Finance

New Investment Disclosure: Mendon Capital Advisors Corp disclosed a purchase of 200,601 shares in Central Bancompany in an SEC filing dated February 18, 2026, representing an estimated $4.73 million investment that signals confidence in the company.
Stock Price Increase: As of February 18, 2026, shares of Central Bancompany were priced at $25.17, reflecting a 20% increase from its IPO price of $21, indicating market recognition of its stability.
Strong Financial Performance: Central Bancompany reported a net income of $390.9 million for 2025, up nearly 30% from $305.8 million in 2024, underscoring the appeal of its diversified community banking model across the Midwest and Southeast.
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Primis Financial Corp. Reports Strong Q4 2025 Earnings with Margin Expansion

Jan 30 2026seekingalpha

Earnings Performance: Primis Financial reported a net income of $29.5 million for Q4 2025, translating to $1.20 per share, indicating a stable asset management performance with an 80 basis point ROA despite virtually no improvement post-restructuring.
Deposit Growth: The company’s noninterest-bearing deposits reached $554 million by year-end, accounting for 16% of total deposits, up from 14% in 2024, showcasing successful customer acquisition through its proprietary app and enhancing market competitiveness.
Mortgage Performance: Primis Mortgage closed $1.2 billion in loans during Q4, a 50% increase over 2024, with $143 million closed in December alone, reflecting strong market demand and improved profitability.
Future Outlook: Management anticipates achieving a 1% ROA in 2026, although the first quarter may fall short, with expectations for recovery in the second half, demonstrating confidence in future profitability.

Primis Financial Declares Quarterly Dividend of $0.10

Jan 30 2026seekingalpha

Quarterly Dividend Announcement: Primis Financial has declared a quarterly dividend of $0.10 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability, which is expected to bolster investor confidence.
Yield Information: The forward yield of this dividend stands at 2.95%, providing investors with a relatively attractive return, reflecting the company's competitiveness in the current market environment.
Payment and Record Dates: The dividend will be payable on February 27, with a record date of February 13 and an ex-dividend date also on February 13, ensuring eligible shareholders receive their dividends promptly.
Stock Repurchase Program: The company has reauthorized its stock repurchase program, signaling management's confidence in the company's future performance and potentially enhancing earnings per share, thereby increasing shareholder value.