Primis Financial reports Q2 2026 earnings of $9.4 million, declares $0.10 dividend
Primis Financial Corp. reported net income available to common shareholders of $9.4 million, or $0.38 per diluted share, for the three months ended June 30, 2026, compared to $2.4 million, or $0.10 per diluted share, for the same period in 2025. The company declared a quarterly cash dividend of $0.10 per share payable on August 21, 2026. Net interest income rose to $33.8 million in Q2 2026 from $25.2 million in Q2 2025, with net interest margin expanding to 3.45% from 2.86%.
- Net income available to common shareholders: $9.4 million for Q2 2026 vs. $2.4 million for Q2 2025
- Earnings per diluted share: $0.38 for Q2 2026 vs. $0.10 for Q2 2025
- Net interest margin: 3.45% in Q2 2026 vs. 2.86% in Q2 2025
- Net interest income: $33.8 million in Q2 2026 vs. $25.2 million in Q2 2025
- Dividend declared: $0.10 per share payable August 21, 2026
- Nonperforming assets declined 37% in Q2 2026 to $63 million from $100 million at March 31, 2026
- Total assets: $4.353 billion as of June 30, 2026
- Gross loans held for investment: $3.466 billion as of June 30, 2026
- Total deposits: $3.446 billion as of June 30, 2026
- Tangible book value per share: $13.72 at June 30, 2026 vs. $11.48 at June 30, 2025
Primis demonstrated significant profitability improvement year-over-year with ROA climbing to 0.90% in Q2 2026 from 0.26% in Q2 2025, while the company identified $6.1 million in anticipated earnings enhancements from its planned digital core conversion expected to begin in Q4 2026.
Derived from 8-K filed 2026-07-23. Not investment advice. Figures are extracted from the filing; prose is AI-assisted. View the source filing on SEC.gov →