Primis Financial Reports Q1 2026 Earnings with Improved Operating Performance
Primis Financial reported Q1 2026 net income of $7.3 million, down from $22.6 million a year ago due to a one-time gain in the prior year. However, operating earnings rose 126% to $0.33 per share, driven by balance sheet growth and mortgage business expansion. The company also noted net interest margin expansion to 3.43%.
Tickers: $FRST
Topics: AI Implementation Balance Sheet Growth Earnings Margin Expansion Mortgage Business Net Income