Primis Financial Posts $8.7 Million Q3 Profit as EPS Rises to $0.35

Primis Financial Corp. reported third-quarter 2026 net income to common of $8.7 million, or $0.35 per diluted share, up from $0.28 a year ago, and declared a $0.10 quarterly dividend payable November 20, 2026, to holders of record November 6, 2026. TradingView published the results.

Primis Financial's Q3 Profit and Dividend

Net interest income rose 25% year-over-year to $36.3 million, and the net interest margin was 3.66%, or 3.59% on an adjusted basis that excludes a $0.7 million recovery. Noninterest income was $12.9 million, lower than the second quarter on reduced mortgage activity, with the mix including recoveries and bank-owned life insurance. The provision for credit losses was $1.1 million, which the company described as normalized after the second quarter, with asset quality metrics improving.

PRESSBEE reported net income available to common shareholders of $8.7 million for the third quarter of 2026 and the same $0.10 per share quarterly cash dividend.

Primis Financial Corp. is a $4.3 billion-asset community bank holding company operating 24 branches in Virginia and Maryland, with national mortgage and warehouse lending platforms and a digital-first fee-free banking model, according to akta.pro company records. The same records show total assets of $4.3 billion as of March 31, 2026, up 15% year-over-year from $4.0 billion at December 31, 2025, and total loans held for investment of $3.4 billion as of the first quarter of 2026, up 11.7% year-over-year. First-quarter 2026 revenue was $46 million, outperforming forecasts by 4.86%.

Primis Financial's Recent Earnings Path

Primis Financial reported second-quarter 2026 net income available to common shareholders of $9.4 million, or $0.38 per diluted share, more than tripling from $2.4 million, or $0.10 per diluted share, in the second quarter of 2025, driven by a 34% increase in net interest income to $33.8 million and a net interest margin of 3.45%, Stock Titan reported. Quiver Quantitative reported second-quarter 2026 earnings of $0.23 per share, which missed analyst estimates of $0.39 by $0.16, on revenue of $55.8 million that beat estimates of $35.0 million by approximately $20.7 million. Seeking Alpha reported that Sorrento Research analyst rated Primis Financial a BUY, citing strong second-quarter 2026 results.

What Comes Next for Primis Financial

Stock Titan reported that Primis Financial released its third-quarter 2026 results after market close on October 22, 2026, and announced a conference call for the earnings release. The dividend is payable November 20, 2026, to holders of record November 6, 2026.