Primis Financial Corp. (FRST) To Go Ex-Dividend on November 6th

Posted by Brenda Bartman on Oct 24th, 2026

Primis Financial Corp. (NASDAQ:FRST – Get Free Report) declared a quarterly dividend on Thursday, October 22nd. Investors of record on Friday, November 6th will be paid a dividend of $0.10 per share on Friday, November 20th. This represents a $0.40 annualized dividend and a yield of 2.6%. The ex-dividend date is Friday, November 6th.

Primis Financial has a dividend payout ratio of 24.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Primis Financial to earn $1.98 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 20.2%.

Primis Financial Stock Performance

FRST traded down $0.66 on Friday, hitting $15.28. 178,777 shares of the company traded hands, compared to its average volume of 117,694. The company has a 50 day moving average of $15.80 and a 200-day moving average of $15.37. The company has a quick ratio of 0.96, a current ratio of 1.02 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $378.94 million, a PE ratio of 7.07 and a beta of 0.73. Primis Financial has a 12-month low of $10.04 and a 12-month high of $16.88.

Primis Financial (NASDAQ:FRST – Get Free Report) last announced its earnings results on Thursday, October 22nd. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.07). The company had revenue of $49.23 million during the quarter, compared to analysts’ expectations of $50.89 million. Primis Financial had a net margin of 19.19% and a return on equity of 5.49%. Sell-side analysts anticipate that Primis Financial will post 1.42 earnings per share for the current year.

Key Headlines Impacting Primis Financial

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

Positive Sentiment: Third-quarter net income available to common shareholders increased to $8.7 million, or $0.35 per diluted share, from $6.8 million, or $0.28 per share, a year earlier. Net interest income rose 25% to $36.3 million, while net interest margin expanded to 3.66% from 3.18%. Primis Financial Reports $8.7 Million Third-Quarter Net Income
Positive Sentiment: The board declared a quarterly cash dividend of $0.10 per share, payable November 20 to shareholders of record November 6. The dividend implies an annualized payout of $0.40 and a yield of approximately 2.6%. Primis Financial Corp. Reports Strong Results for the Third Quarter of 2026
Positive Sentiment: Reported insider activity was favorable, with the cited data showing 24 purchases and no insider sales over the past six months. This may signal management confidence, although insider transactions are not a substitute for improving operating results.
Neutral Sentiment: Primis ended the quarter with $4.3 billion in assets, $3.47 billion in deposits and $3.50 billion in loans held for investment. Institutional positioning was mixed, with several large investors adding shares while others reduced or eliminated holdings.
Negative Sentiment: Adjusted for expectations, quarterly EPS of $0.35 missed consensus estimates ranging from $0.42 to $0.45, while revenue of $49.23 million was below the $50.89 million estimate. The earnings shortfall is the clearest reason for the weaker investor response. Primis Financial Earnings Results
Negative Sentiment: Coverage characterized the quarter as one in which a mortgage-market slump dented earnings despite improved revenue trends. Investors may remain concerned about mortgage-related income and the company’s ability to convert balance-sheet growth into expected profitability. Primis Financial Q3 2026 Mortgage Slump Analysis
Negative Sentiment: Primis also reported third-quarter net charge-offs, making credit quality an additional item for investors to monitor alongside noninterest expense of $37.2 million. Primis Financial Net Charge-Off Report

Primis Financial Company Profile

(Get Free Report)

Primis Financial Corp. is a bank holding company headquartered in Glen Allen, Virginia. Its principal subsidiary, Primis Bank, provides banking and financial services to individuals, families, businesses and nonprofit organizations.

Primis Bank offers deposit products, residential and commercial real estate loans, consumer lending, business loans, treasury and cash-management services, mortgage banking and online and mobile banking. The bank also provides services designed to support small and middle-market businesses, including commercial lending and payment solutions.

The institution was formerly known as Sonabank and adopted the Primis name as part of a broader rebranding in 2020.