MCLEAN, Va., Oct. 8, 2024 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) (the "Company") today announced that it will release third quarter 2024 results after the market closes on Thursday, October 24, 2024. Following the release, the Company will host a conference call and audio webcast for analysts and investors at 10:00 a.m. Eastern Time on Friday, October 25, 2024. The webcast of the earnings call can be found at the following address: https://events.q4inc.com/attendee/853860984 To participate in ...

MCLEAN, Va., Aug. 12, 2024 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), and its wholly-owned subsidiary, Primis Bank (the "Bank"), today provided an update on its consultation process with the Office of the Chief Accountant of the Securities and Exchange Commission ("SEC") regarding the accounting for a consumer loan portfolio originated and serviced through a third-party (the "Program"). On August 9th, the SEC provided its non-objection to the Company's accounting conc ...

财务数据和关键指标变化 - 第二季度税前利润约1170万美元,为公司近期最强劲的季度之一 [8][9] - 核心银行净息差提升至3.25%,较去年同期的2.82%有所改善 [10][11] - 总资产40亿美元,较上季度略有增加 [27] - 贷款增长2.5%,主要来自Panacea和Life Premium Finance业务 [27] - 存款33亿美元,较上季度略有增加,但活期存款下降5% [27] - 核心净利息收入略有下降至2710万美元,但受益于生息资产增长抵消了息差压力 [28] - 核心贷款收益率上升至6.14%,核心生息资产收益率上升至5.92% [28] - 存款成本上升至2.98%,资金成本上升至3.16% [28] 各条业务线数据和关键指标变化 - 公司各项业务线合计贷款835百万美元,存款近10亿美元,占公司总量的25%和29% [13] - 新增贷款收益率保持在7-8%的较高水平 [14] - 各业务线合计资金成本约4.84%,但预计随利率下降会有较大改善 [14] - 抵押贷款业务净收益超过100万美元,较去年同期大幅改善 [15] - 抵押贷款锁单量同比增长25%,贷款利差从2.8%提升至3.1% [15][16] 各个市场数据和关键指标变化 - 无具体披露 公司战略和发展方向及行业竞争 - 公司将继续专注于核心银行的存款增长和商业贷款,并充分利用数字化优势 [19] - 各项业务线将继续保持良好发展势头,并努力控制运营成本 [20] - 公司认为利率下行环境将有利于息差改善和抵押贷款业务 [21] - 公司将进一步优化数字平台,提升低成本高价值的存款关系 [22] 管理层对经营环境和未来前景的评论 - 管理层对公司未来保持乐观,认为各项业务将继续保持强劲表现 [19][20][21] - 管理层认为利率下行有利于公司的息差和抵押贷款业务 [21] 其他重要信息 - 公司计划尽快完成与SEC的相关工作,预计8月底前可恢复定期报告 [41] - 公司计划在适当时机剥离Panacea,这将提升有形净资产价值约0.65美元/股 [18] 问答环节重要的提问和回答 问题1 **Christopher Marinac 提问** 询问未来季度的非利息支出水平 [36] **Matthew Switzer 回答** 预计未来季度的非利息支出将回归至1920万美元左右的水平 [37] 问题2 **Christopher Marinac 提问** 询问未来季度的拨备计提水平 [38] **Matthew Switzer 回答** 拨备计提将趋于正常水平,不会再有大幅波动 [39] 问题3 **Russell Gunther 提问** 询问对净息差和资产规模的预期 [52][55] **Matthew Switzer 回答** 预计净息差可维持在3%左右,资产规模将保持高单位数的增长 [53][56]

资产负债情况 - 公司总资产为39.98亿美元，较上年同期增长3.33%[4] - 贷款余额为33.01亿美元，较上年同期增长3.32%[4] - 存款总额为33.35亿美元，较上年同期增加0.56%[4] - 普通股东权益为4.06亿美元，较上年同期增加3.31%[4] - 每股净资产为16.43美元，每股有形净资产为12.59美元[5] 经营业绩 - 净利息收入为2762.5万美元，较上年同期增加5.31%[6] - 拨备计提为392.9万美元，较上年同期减少9.78%[6] - 非利息收入为1449.1万美元，较上年同期增加74.57%[6] - 净利润为782.1万美元，较上年同期实现扭亏为盈[6] 资产质量 - 不良资产率为0.25%，较上年同期下降0.39个百分点[9]

While Primis works diligently to complete the pre-clearance process with the SEC, the Company is providing the preliminary results for the second quarter of 2024 below. These results reflect the same accounting methodology as in prior periods for the consumer portfolio identified above for comparison purposes and to demonstrate underlying trends in the Company's performance. The Company's independent auditor has not reviewed or audited these preliminary estimated financial results. The Company's actual resu ...

MCLEAN, Va., July 11, 2024 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) (the "Company") today announced that it will release second quarter 2024 results after the market closes on Thursday, July 25, 2024. Following the release, the Company will host a conference call and audio webcast for analysts and investors at 10:00 a.m. Eastern Time on Friday, July 26, 2024. To participate in the call, please use one of the following telephone numbers and request the Primis Financial Corp. earnings call. Parti ...

Panacea Financial to provide ASDA members with financial services specifically tailored to the needs of dental students. LITTLE ROCK, Ark., May 15, 2024 /PRNewswire/ -- Panacea Financial and the American Student Dental Association (ASDA) today announced that they are partnering to provide ASDA dental student members with financial services including personal loans and checking and savings accounts designed for the needs of dental students. ASDA has 23,000 student members, located in the U.S. and Puerto Rico ...

财务数据和关键指标变化 - 2024年第一季度的核心收益为720万美元,每股0.29美元,较去年同期的0.23美元有大幅提升 [19] - 总资产为39亿美元,较上季度略有增加 [20] - 贷款余额(不含PPP贷款和持有待售贷款)增长约1%,年化 [20] - 存款为33亿美元,较上季度略有增加,但表外存款减少约7000万美元 [21] - 核心净利息收入下降70万美元至2700万美元,主要由于少一个日历日和资金成本上升 [22] - 核心净利差下降6个基点至3.03% [23] - 贷款收益率上升9个基点至6.10%,生息资产收益率上升5个基点至5.84% [23] - 存款成本上升13个基点至2.82%,资金成本上升12个基点至2.97% [23] 各条业务线数据和关键指标变化 - 核心银行业务表现出色,存款成本仅2.56%,比区域同业低50-150个基点 [8] - Panacea业务在本季度实现160万美元税前利润,去年同期仅2.2万美元,存款增长尤其显著 [9] - 抵押贷款业务实现85万美元税前利润,去年同期亏损25万美元,尽管30年期贷款利率达8%以上 [10] - 保费融资业务实现130万美元税前利润,较去年同期增加 [11] 各个市场数据和关键指标变化 - 公司未提及具体市场数据和关键指标变化 公司战略和发展方向及行业竞争 - 公司不再寻求新的业务策略,而是专注于优化和改善现有的业务组合 [13] - 公司的多元化战略是成功的关键,不依赖于单一区域或概念 [12] - 公司正在加强存款业务的销售渠道和技术能力,以提高存款增长 [8][9] - 公司正在优化抵押贷款业务的成本结构,为未来利率下降做好准备 [10] 管理层对经营环境和未来前景的评论 - 管理层认为,即使在当前的行业逆风中,公司的核心盈利能力仍然稳健,并有望继续改善 [30] - 管理层预计,在未来几个季度内,公司的净利差可能保持相对平稳,有望在下半年实现进一步扩张 [40] - 管理层认为,公司的存款增长动力依然强劲,不太可能出现急需存款的情况,因此不会大幅提高存款成本 [41][42] 问答环节重要的提问和回答 问题1 **Casey Whitman 提问** 询问Panacea业务何时可能实现脱离合并 [35] **Matt Switzer 回答** 预计在第三季度有可能实现脱离合并 [36] 问题2 **Christopher Marinac 提问** 询问本季度计提贷款损失准备的原因 [49] **Matt Switzer 回答** 主要是由于宏观经济预测指标有所下降,特别是预期失业率上升,导致CECL模型计提了约60万美元的准备金 [50] 问题3 **Russell Gunther 提问** 询问公司2024年的贷款增长预期 [64][65] **Dennis Zember 和 Matt Switzer 回答** 预计全年贷款增长可达高单位数到低双位数,约10%左右 [66][67]

Exhibit 99.1 Primis Financial Corp. Reports Preliminary Earnings Per Share for the First Quarter of 2024 Declares Quarterly Cash Dividend of $0.10 Per Share For immediate release Thursday, April 25, 2024 McLean, Virginia, April 25, 2024 – Primis Financial Corp. (NASDAQ: FRST) (“Primis” or the “Company”), and its wholly-owned subsidiary, Primis Bank (the “Bank”), today reported preliminary results for the first quarter of 2024. As previously discussed in its Form 12b-25/A filed on April 1, 2024, Primis is cu ...

Declares Quarterly Cash Dividend of $0.10 Per Share MCLEAN, Va., April 25, 2024 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), and its wholly-owned subsidiary, Primis Bank (the "Bank"), today reported preliminary results for the first quarter of 2024. As previously discussed in its Form 12b-25/A filed on April 1, 2024, Primis is currently pursuing a "pre-clearance" process with the Office of the Chief Accountant of the Securities and Exchange Commission ("SEC") regarding ...