NASDAQ$FRST
Primis Financial Corp · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Net income increased driven by operational improvements.
Southern National Bancorp of Virginia, Inc. reported a net income of $9.0 million for the quarter ended December 31, 2019, compared to $7.7 million for the quarter ended December 31, 2018. Earnings per share for the three months ended December 31, 2019 were $0.37 basic and diluted compared to $0.32 basic and diluted for the three months ended December 31, 2018.
- Net income for the quarter ended December 31, 2019, increased to $9.0 million compared to $7.7 million for the same period in 2018.
- Earnings per share for the three months ended December 31, 2019 were $0.37 basic and diluted, up from $0.32 in 2018.
- Net loan growth in the fourth quarter of 2019 was $44.7 million on $94.3 million of new loan originations.
- Noninterest income benefited from $477 thousand of recoveries of legacy investment securities and loans charged off by EVBS premerger.
Headline financials
Revenue & EPS history
Primis · Revenue · Quarterly
$24M
Revenue by segment
Primis · $2.03M total across 2 segments · Q3 2020
- Account Fees$1.63M—80.6%
- BOLI Income$394K—19.4%
Forward guidance
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that relate to future events or the future performance of Southern National.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2019
+0.1%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+1.7%
Avg return
30 days after
49%
32 / 65 earnings
Positive
+12.2%
Q1 2020
Best reaction
-8.5%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.7% | +4.8% | +2.8% | |
| Q4 2025 | -0.6% | +5.4% | -2.7% | |
| Q3 2025 | +10.1% | +10.7% | +12.9% | |
| Q2 2025 | -1.9% | -4.5% | -3.3% | |
| Q1 2025 | -1.2% | +7.0% | +13.5% | |
| Q4 2024 | -8.5% | -4.3% | -9.6% | |
| Q3 2024 | -5.1% | -3.1% | +5.6% | |
| Q2 2024 | +4.5% | +3.5% | -3.6% | |
| Q1 2024 | -7.0% | -11.1% | -2.1% | |
| Q4 2023 | +4.4% | +8.2% | -1.7% | |
| Q3 2023 | +7.5% | +21.2% | +29.3% | |
| Q2 2023 | -4.5% | -2.5% | -9.3% | |
| Q1 2023 | -1.8% | -13.1% | -17.3% | |
| Q4 2022 | -1.3% | -0.8% | -0.8% | |
| Q3 2022 | +2.5% | +1.8% | -1.5% | |
| Q2 2022 | +1.9% | +1.1% | +0.2% | |
| Q1 2022 | +0.0% | -2.5% | -2.2% | |
| Q4 2021 | -0.3% | -1.0% | -3.9% | |
| Q3 2021 | +5.0% | +7.2% | +6.7% | |
| Q2 2021 | +0.7% | +1.4% | -0.4% | |
| Q1 2021 | +1.9% | +3.1% | +4.6% | |
| Q4 2020 | +1.2% | +2.1% | +19.0% | |
| Q3 2020 | +0.0% | -3.5% | +15.3% | |
| Q2 2020 | -6.5% | -4.5% | -2.8% | |
| Q1 2020 | +12.2% | +3.3% | +7.1% | |
| Q4 2019 | +2.8% | +4.3% | -6.0% | |
| Q3 2019 | +0.1% | +0.6% | +0.9% | |
| Q2 2019 | +2.3% | +1.7% | -8.6% | |
| Q1 2019 | -3.2% | -3.9% | -6.4% | |
| Q4 2018 | +2.0% | +7.3% | +14.8% | |
| Q3 2018 | +2.2% | +3.1% | +4.2% | |
| Q2 2018 | -2.5% | +2.6% | +2.8% | |
| Q1 2018 | +3.0% | +2.5% | +8.4% | |
| Q4 2017 | +0.1% | +0.7% | -2.7% | |
| Q3 2017 | -0.7% | -3.3% | -1.4% | |
| Q2 2017 | -3.8% | -2.7% | -4.5% | |
| Q1 2017 | -0.6% | -4.3% | -7.0% | |
| Q4 2016 | -3.9% | -1.4% | +4.0% | |
| Q3 2016 | -1.0% | +0.0% | +10.4% | |
| Q2 2016 | -1.4% | +3.9% | +3.2% | |
| Q1 2016 | -0.4% | — | — | |
| Q4 2015 | -0.9% | — | — | |
| Q3 2015 | +0.6% | — | — | |
| Q2 2015 | -2.4% | — | — | |
| Q1 2015 | -1.2% | — | — | |
| Q4 2014 | -0.8% | — | — | |
| Q3 2014 | +2.3% | — | — | |
| Q2 2014 | +0.1% | — | — | |
| Q1 2014 | -0.4% | — | — | |
| Q4 2013 | +0.6% | — | — | |
| Q3 2013 | +0.0% | — | — | |
| Q2 2013 | +0.9% | — | — | |
| Q1 2013 | -2.6% | — | — | |
| Q4 2012 | +0.3% | — | — | |
| Q3 2012 | +1.1% | — | — | |
| Q2 2012 | +1.4% | — | — | |
| Q4 2011 | +0.3% | — | — | |
| Q1 2012 | +0.3% | — | — | |
| Q4 2010 | +0.3% | — | — | |
| Q3 2011 | +0.8% | — | — | |
| Q2 2011 | +0.0% | — | — | |
| Q1 2011 | +0.9% | — | — | |
| Q3 2010 | -0.7% | — | — | |
| Q2 2010 | +0.0% | — | — | |
| Q1 2010 | +1.4% | — | — |
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