Primis Financial Plans to Repurchase Up to 750,000 Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 19 2025
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Source: NASDAQ.COM
Stock Repurchase Program Announcement: Primis Financial Corp. has approved a stock repurchase program for up to 750,000 shares of its common stock.
Program Timeline: The repurchase program is set to begin on December 18, 2025, and will conclude on December 18, 2026, unless terminated or extended by the Board.
Previous Repurchase Activity: Under the previous repurchase plan, the company bought back 79,549 shares at an average cost of $10.00 per share.
Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
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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.
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- Substantial Revenue Growth: The company achieved quarterly revenue of $80.87 million, reflecting a remarkable 105.8% year-over-year increase, indicating robust business expansion and strong market demand, suggesting continued growth potential ahead.
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- Solid Financial Health: Alongside its earnings report, the company provided historical earnings data and dividend scorecards, demonstrating a stable financial foundation and ongoing commitment to shareholders, which enhances market confidence in its long-term growth prospects.
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