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Primis Financial Corp. Reports Diluted Earnings per Share of $0.38 for the First Quarter of 2021


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MCLEAN, Va., April 29, 2021 /PRNewswire/ Primis Financial Corp. (NASDAQ: FRST) ( Primis or the Company ), and its wholly-owned subsidiary Primis Bank (the Bank ), today reported net income of $9.4 million for the quarter ended March 31, 2021, compared to $27 thousand for the quarter ended March 31, 2020.  Earnings per share for the three months ended March 31, 2021 were $0.39 on a basic and $0.38 on a diluted basis compared to $0.00 basic and diluted for the three months ended March 31, 2020.  
The Company also announced its new digital banking initiative expected to launch in the fourth quarter of this year.  As detailed below, the new digital bank will have unique technology-driven products and services and will initially be focused on consumer and small-business customers. ....

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