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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/4/2023 | $13.00 | Overweight | Stephens |
| 2/1/2023 | $13.00 → $14.00 | Neutral → Overweight | Piper Sandler |
| 12/5/2022 | $13.00 | Neutral | Piper Sandler |
Lenders Cooperative, a leading provider of loan origination and servicing technology to US financial institutions, is pleased to announce that Primis Bank has selected its platform to power its small business lending. Primis Bank will leverage the platform to automate the entire workflow for the origination of both SBA and conventional commercial loans. The bank also signed on for Lenders Cooperative's LSP service to augment the bank's capacity for underwriting, processing, and closing loan applications, thereby increasing loan production. With this selection, Primis Bank is reinforcing its commitment to delivering innovative, efficient lending solutions that strengthen communities and em
MCLEAN, Va., June 12, 2025 /PRNewswire/ -- Primis Financial Corp. (NASDAQ:FRST) ("Primis" or the "Company") today reported a signed non-binding term sheet to sell a portion of its ownership in Panacea Financial Holdings, Inc. ("PFH" or "Panacea"). This proposed sale follows the deconsolidation of PFH at March 31, 2025 and is expected to generate proceeds to the Company of approximately $22 million. Additionally, the Company expects to record an additional gain of between $6.5 and $7.0 million pre-tax as the sales price per share exceeded the carrying value as of March 31, 2025.
Records Pre-Tax Gain of Approximately $24.6 million MCLEAN, Va., May 13, 2025 /PRNewswire/ -- Primis Financial Corp. (NASDAQ:FRST) ("Primis" or the "Company") today reported that it has deconsolidated Panacea Financial Holdings ("PFH") effective March 31, 2025. Accordingly, the Company will be revising its earnings release dated April 29, 2025 to reflect certain gains associated with recognizing the value of the Company's investment in PFH. The Company engaged an independent third party to evaluate the fair market value of its investment in PFH and it was determined that, as
4 - Primis Financial Corp. (0001325670) (Issuer)
4 - Primis Financial Corp. (0001325670) (Issuer)
4 - Primis Financial Corp. (0001325670) (Issuer)