Primis Financial Corp. (NASDAQ:FRST – Get 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.
Key Stories Impacting Primis Financial
Here are the key news stories impacting Primis Financial this week:
- Positive Sentiment: Primis reported stronger second-quarter results, with net income available to common shareholders rising to $9.4 million, or $0.38 per diluted share, from $2.4 million, or $0.10 per share a year ago, and management also declared a $0.10 quarterly dividend. Article: Primis Financial Corp. Reports Strong Results for the Second Quarter of 2026
- Positive Sentiment: Revenue for the quarter came in above estimates at $55.79 million versus consensus of $48.77 million, showing better-than-expected top-line performance. Article: Primis Financial earnings report and conference call
- Neutral Sentiment: The company reaffirmed shareholder returns by setting a quarterly cash dividend of $0.10 per share, payable on August 21 to shareholders of record on August 7. Article: Dividend announcement
- Negative Sentiment: Earnings per share missed analyst estimates, with Primis posting $0.23 per share versus the consensus forecast of $0.38 to $0.41, which appears to be weighing on the stock. Article: Primis Financial (FRST) Lags Q2 Earnings Estimates
About Primis Financial
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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