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Primis Financial: Q1 Earnings Snapshot

MCLEAN, Va. (AP) — MCLEAN, Va. (AP) — Primis Financial Corp. (FRST) on Thursday reported net income of $7.3 million in its first quarter.

On a per-share basis, the McLean, Virginia-based company said it had profit of 30 cents. Earnings, adjusted for non-recurring costs, came to 33 cents per share.

The holding company for Sonabank posted revenue of $67.1 million in the period. Its adjusted revenue was $45.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FRST at https://www.zacks.com/ap/FRST

US envoys Witkoff and Kushner are in Moscow in a new push for peace between Russia and Ukraine

U.S. envoys Steve Witkoff and Jared Kushner arrived in Moscow on Saturday to try to revive a stalled push to end Russia’s full-scale invasion of Ukraine, Russian state news outlets reported. The visit came as both sides escalated their aerial attacks. Ukrainian President Volodymyr Zelenskyy said that Ukraine would halt airstrikes during the envoys' trip and urged Moscow to do the same. Moscow did not publicly respond to the proposal. Washington’s push to end the fighting, now in its fifth year, has lost momentum as U.S. attention has been focused for the last six months on its war with Iran. The envoys were met at the airport by Russian envoy Kirill Dmitriev, Russia’s state news agency Tass said. Dmitriev shared photos of him meeting the U.S. delegation as they disembarked, alongside the caption, “Welcome to Moscow Peacemakers.”
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