Primis Financial Corp. (FRST) To Go Ex-Dividend on August 7th

Primis Financial Corp. (NASDAQ:FRSTGet Free Report) announced a quarterly dividend on Thursday, July 23rd. Stockholders of record on Friday, August 7th will be paid a dividend of 0.10 per share on Friday, August 21st. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Friday, August 7th.

Primis Financial has a payout ratio of 24.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Primis Financial to earn $1.85 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 21.6%.

Primis Financial Price Performance

Primis Financial stock opened at $15.34 on Friday. The company has a market capitalization of $381.66 million, a price-to-earnings ratio of 7.10 and a beta of 0.72. The company has a current ratio of 1.02, a quick ratio of 0.96 and a debt-to-equity ratio of 0.16. Primis Financial has a 12 month low of $9.55 and a 12 month high of $16.77. The stock’s 50 day moving average is $15.35 and its 200-day moving average is $14.25.

Primis Financial (NASDAQ:FRSTGet Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.15). The firm had revenue of $55.79 million for the quarter, compared to analyst estimates of $48.77 million. Primis Financial had a return on equity of 5.56% and a net margin of 19.19%. Equities research analysts expect that Primis Financial will post 1.59 EPS for the current year.

Key Stories Impacting Primis Financial

Here are the key news stories impacting Primis Financial this week:

About Primis Financial

(Get Free Report)

Primis Financial Corporation is a bank holding company headquartered in Waycross, Georgia, operating through its wholly owned subsidiary, Primis Bank. The company offers a full suite of commercial and retail banking services tailored to meet the needs of individuals, small businesses, and agricultural clients across its service area. Primis Bank focuses on building relationships within the communities it serves, positioning itself as a local financial partner for deposit-taking, lending, and treasury management solutions.

Primis Bank maintains a network of branch offices throughout southeastern Georgia, serving a combination of rural and suburban markets.

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Dividend History for Primis Financial (NASDAQ:FRST)

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