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Primis Financial in Virginia planning digital bank

Primis Financial in Virginia planning digital bank
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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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Trading Day: Local SEC filings for 4.1.21 - Richmond BizSense


Trading Day: Local SEC filings for 4.1.21
Altria (MO)
Thomas F. Farrell II notified the company in late March that he plans to retire from the board of directors at the end of his term. Farrell is currently the board’s chairman. See full announcement here.
John T. Casteen III has decided to not retire from the board of directors at the request of the board in light of Farrell’s pending retirement. Casteen will be a nominee for election to the board at the company’s 2021 annual shareholders meeting.
Apple Hospitality REIT (APLE)
Director Howard E. Wolley purchased 1,915 shares at about $16 per share for a total of about $30,640. Wolley directly owns 1,915 shares of common stock. ....

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