Primis Financial Corp. Reports 55% Increase in Diluted Earnings per Share for the Third Quarter of 2023

Declares Quarterly Cash Dividend of $0.10 Per Share

MCLEAN, Va., Oct. 26, 2023 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), and its wholly-owned subsidiary, Primis Bank (the "Bank"), today reported net income of $7.6 million for the quarter ended September 30, 2023, compared to net income of $5.0 million for the quarter ended September 30, 2022.  Diluted earnings per share ("EPS") for the three months ended September 30, 2023 was $0.31, up 55% from $0.20 per diluted share reported in the third quarter of 2022.  For the year-to-date period in 2023, the Company reported earnings and diluted earnings per share of $13.3 million and $0.54, respectively, compared to $14.5 million and $0.59, respectively, in the same period in 2022.