Primis Financial Corp. reported net income available to common shareholders of $9.4 million, or $0.38 per diluted share, for the second quarter ended June 30, 2026, compared to $2.4 million, or $0.10 per diluted share, for the same period in 2025. The company reported a return on average assets (ROAA) of 0.90% and a net interest margin of 3.45%. Key events included a $5.9 million pre-tax gain from the sale of Bearing Insurance and a $1.1 million settlement regarding a mortgage recruiting lawsuit. Management identified $6.1 million in expected annual earnings enhancements from a digital core conversion, to be incrementally implemented starting in Q4 2026. The company operates in the financial services industry and provides banking services through Primis Bank.

Effective June 25, 2026, Primis Financial Corp. and Primis Bank appointed Margaret M. Weichert to their respective boards of directors and to the Corporate Governance Committee. Ms. Weichert is an independent director with a background in financial services, technology, and government management, having previously held roles at Accenture, Bank of America, and the Office of Management and Budget. She will receive compensation consistent with other board members. The company operates in the financial services industry as a bank holding company.