PRNewsWire
23 Oct 2025, 21:00 UTC · 51w ago
Primis Financial Corp. Reports Earnings per Share for the Third Quarter of 2025
Impact · against what's priced in
Primis Financial Corp. (FRST) shows a strong profitability turnaround with a massive jump in net income to $7 million for Q3 2025 and aggressive growth in mortgage warehouse lending. The move toward licensing its V1BE technology introduces a potential high-margin revenue stream that diversifies the bank's income profile.
- FRST+0.70
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- In context
The company reported a significant jump in Q3 net income to $7 million ($0.28/share) from $1 million a year ago, alongside a 411% increase in mortgage warehouse lending balances since year-end 2024.
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