Primis Financial: Fourth Quarter Earnings Overview

Primis Financial Corp. Announces Fourth Quarter Results

Primis Financial Corp., headquartered in McLean, Virginia, revealed that it earned $29.5 million during the fourth quarter.

The company reported net earnings of $1.20 per share for the quarter. After accounting for one-time items, adjusted earnings stood at $0.10 per share.

As the parent company of Sonabank, Primis Financial Corp. generated $67.5 million in revenue for the quarter, with adjusted revenue totaling $45.1 million.

Looking at the full year, the company achieved a net profit of $61.4 million, or $2.49 per share, with annual revenue reaching $188 million.

This article was created by Automated Insights using information provided by Zacks Investment Research.