Primis Financial Delivers Strong Q4 Turnaround and Dividend

Primis Financial ( (FRST) ) has provided an announcement.

On January 29, 2026, Primis Financial Corp. reported a sharp turnaround in profitability for the fourth quarter and full year 2025, posting net income available to common shareholders of $30 million, or $1.20 per diluted share, for the quarter ended December 31, 2025, versus a net loss of $23 million a year earlier, and full-year 2025 net income of $61 million compared with a net loss in 2024. Management highlighted improved fundamentals across the balance sheet, including 10% asset growth, 14% loan growth, higher noninterest-bearing deposits, stronger capital and tangible book value, and an 18% rise in net interest income with net interest margin expanding to 3.28%. Core community banking performance benefited from lower deposit costs, zero brokered deposits, low reliance on FHLB borrowings, and growing noninterest-bearing balances supported by proprietary technology such as the V1BE platform, which Primis plans to license to other banks. Strategic business lines delivered strong momentum: Primis Mortgage nearly doubled activity with an 84% jump in closed volume and a swing to profitability; mortgage warehouse balances rose almost fourfold year over year with meaningful associated noninterest-bearing deposits; and Panacea Financial expanded loans and deposits while executing loan sales to sustain growth without overburdening the balance sheet. The bank’s digital platform maintained about $1 billion in deposits while significantly lowering funding costs and increasing small-business balances, and the board declared a quarterly cash dividend of $0.10 per share payable February 27, 2026 to shareholders of record on February 13, 2026, underscoring confidence in the company’s strengthened earnings profile and capital position.

The most recent analyst rating on (FRST) stock is a Hold with a $14.50 price target. To see the full list of analyst forecasts on Primis Financial stock, see the FRST Stock Forecast page.

Spark’s Take on FRST Stock

According to Spark, TipRanks’ AI Analyst, FRST is a Neutral.

Primis Financial’s overall stock score is driven by strong technical indicators and positive corporate events, which are offset by financial performance challenges and high valuation concerns. The earnings call provided a positive outlook, but credit issues remain a risk.

To see Spark’s full report on FRST stock, click here.

More about Primis Financial

Primis Financial Corp., the parent of Primis Bank, operates as a community and digital-focused banking institution with 24 banking offices in Virginia and Maryland and national platforms in mortgage, mortgage warehouse lending, and specialized healthcare banking under the Panacea Financial brand. The company concentrates on core community banking with a stable, largely low-cost deposit base, augmented by a proprietary commercial banking app and its V1BE service, while leveraging a digital deposit platform to fund national lending strategies including retail mortgages, construction-to-permanent loans, mortgage warehouse lines, and tailored financial services for doctors and healthcare practices across the U.S.

Average Trading Volume: 76,662

Technical Sentiment Signal: Buy

Current Market Cap: $332.7M

For detailed information about FRST stock, go to TipRanks’ Stock Analysis page.