Primis Financial (FRST) Misses Q3 EPS by 4c

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Primis Financial Corp. Reports Basic and Diluted Earnings per Share from Continuing Operations for the Third Quarter of 2022

October 27, 2022 5:00 PM EDT

Adoption of Stock Repurchase Program

Declares Quarterly Cash Dividend of $0.10 Per Share

MCLEAN, Va., Oct. 27, 2022 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), and its wholly-owned subsidiary, Primis Bank (the "Bank"), today reported net income from continuing operations of $5.1 million for the quarter ended September 30, 2022, compared to $5.0 million for the quarter ended June 30, 2022 and $6.2 million for the quarter ended September 30, 2021.  Earnings per share ("EPS") from continuing operations for the three months ended September 30, 2022 were $0.21 on a basic and $0.20 on diluted basis, compared to $0.20 on a basic and diluted basis for the... More