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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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Panacea Financial Announces Partnership with The Student Osteopathic Medical Association


Panacea Financial Announces Partnership with The Student Osteopathic Medical Association
Panacea will provide banking services to SOMA s 15,000 members
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LITTLE ROCK, Ark., April 26, 2021 /PRNewswire/  Panacea Financial (Panacea), a division of Primis that provides financial services for medical students, residents/fellows and attending physicians, today announced a partnership with The Student Osteopathic Medical Association (SOMA).  SOMA is the nation s largest independent organization of approximately 31,000 Osteopathic medical students, vigorously representing their stakeholder s interests nationwide. Panacea will now serve as the organization s preferred banking and lending provider.
The announcement comes during National Osteopathic Medicine Week, a week designed to celebrate the accomplishments and 129-year heritage of osteopathic medicine. ....

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