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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Primis Financial Corp. - FRST
PrimisPrimis(US:FRST) Prnewswireยท2025-02-04 20:05

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Primis Financial Corp and its officers or directors [1] Financial Performance - Primis reported a net loss of $14.7 million, or $0.59 loss per share, for Q4 2024, compared to a net loss of $8.2 million, or $0.33 loss per share, for Q4 2023 [2] - The company's earnings were significantly impacted by the decision to move a third-party originated consumer loan portfolio to held for sale in Q4 2024 [2] Stock Market Reaction - Following the financial results announcement, Primis's stock price decreased by $0.93, or 8.14%, closing at $10.50 per share on January 29, 2025 [3]