Primis Financial Corp. Files 8-K on Operations & Financial Condition

Ticker: FRST · Form: 8-K · Filed: Jan 26, 2024 · CIK: 1325670

Primis Financial CORP. 8-K Filing Summary
FieldDetail
CompanyPrimis Financial CORP. (FRST)
Form Type8-K
Filed DateJan 26, 2024
Risk Levellow
Pages2
Reading Time3 min
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: financial-condition, operations, regulation-fd, 8-k

TL;DR

**Primis Financial Corp. just dropped an 8-K updating on their financial condition and operations.**

AI Summary

Primis Financial Corp. (FRST) filed an 8-K on January 26, 2024, to report on its results of operations and financial condition as of January 25, 2024. This filing also included a Regulation FD Disclosure and other events. This matters to investors because it provides an update on the company's financial health and operational performance, which can influence stock price and future investment decisions.

Why It Matters

This filing provides a timely update on Primis Financial Corp.'s financial performance, offering transparency to investors about the company's current state and future prospects.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial condition and operations, not indicating any immediate new risks.

Analyst Insight

Investors should review the full details of the 'Results of Operations and Financial Condition' and 'Regulation FD Disclosure' items once available to understand the specific financial updates and their potential impact on Primis Financial Corp.'s stock.

Key Players & Entities

FAQ

What is the purpose of this 8-K filing by Primis Financial Corp.?

The purpose of this 8-K filing by Primis Financial Corp. is to report on its results of operations and financial condition, provide a Regulation FD Disclosure, and disclose other events, as indicated by the 'ITEM INFORMATION' sections in the filing.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on January 25, 2024, as stated under 'Date of Report (Date of earliest event reported): January 25, 2024'.

What is the trading symbol and exchange for Primis Financial Corp.'s common stock?

Primis Financial Corp.'s common stock trades under the symbol 'FRST' on the NASDAQ exchange, as listed in the 'Securities registered pursuant to Section 12(b) of the Act' table.

What is the address of Primis Financial Corp.'s principal executive offices?

The address of Primis Financial Corp.'s principal executive offices is 1676 International Drive, Suite 900, McLean, Virginia 22102, as provided in the filing.

What is the Central Index Key (CIK) for Primis Financial Corp.?

The Central Index Key (CIK) for Primis Financial Corp. is 0001325670, as specified in the 'COMPANY DATA' section of the filing.

Filing Stats: 707 words · 3 min read · ~2 pages · Grade level 10.3 · Accepted 2024-01-25 21:05:26

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On January 25, 2024, Primis Financial Corp. ("Primis" or the "Company") issued a press release announcing its financial results for the three months ended December 31, 2023. A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. The Company has prepared presentation materials (the "Investor Presentation") that management intends to use from time to time hereafter in presentations about the Company's operations and performance. The Company may use the Investor Presentation, possibly with modifications, in presentations to current and potential investors, analysts, lenders, business partners, acquisition candidates, customers, employees and others with an interest in the Company and its business. A copy of the Investor Presentation is furnished as Exhibit 99.2 to this Current Report on Form 8-K and incorporated herein by reference. The Investor Presentation is also available on the Company's website at www.primisbank.com. Materials on the Company's website are not part of or incorporated by reference into this report. In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibits 99.1 and 99.2 attached hereto, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

01. Other Events

Item 8.01. Other Events. On January 25, 2024, Primis issued a press release announcing the declaration of a dividend payable on February 23, 2024 to shareholders of record as of February 9, 2024. A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release dated January 25, 2024 99.2 Primis Financial Corp. Fourth Quarter 2023 Investor Presentation 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Primis Financial Corp. Date: January 25, 2024 By: /s/ Matthew A. Switzer Matthew A. Switzer Chief Financial Officer

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