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Sep 30, 2024
Primis Q3 2024 Earnings Report
Primis Financial Corp reported earnings per share for the third quarter of 2024.
Key Takeaways
Primis Financial Corp. reported a net income available to common shareholders of $1.2 million, or $0.05 per diluted share, for the quarter ended September 30, 2024. Adjusting for non-recurring charges, operating net income available to common shareholders was $2.0 million, or $0.08 per diluted share.
Net income available to common shareholders was $1.2 million, or $0.05 per diluted share.
Operating net income available to common shareholders, adjusted for non-recurring items, was $2.0 million, or $0.08 per diluted share.
Net interest income increased by $3.2 million, or 13%, to $28.0 million.
The company announced the sale of its Life Premium Finance Division to EverBank for a premium of $6.0 million.
Revenue by Segment
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