Franklin Financial Services Corp (OQ:FRAF)
Business Focus: Banks
Jan 30, 2024 03:30 pm ET
Franklin Financial Reports 2023 Q4 and Full Year 2023 Results; Declares Dividend
CHAMBERSBURG, Pa., Jan. 30, 2024 /PRNewswire/ -- Franklin Financial Services Corporation (the Corporation) (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank) headquartered in Chambersburg, PA, reported its fourth quarter 2023 and year-to-date 2023 financial results. A summary of operating results follows:
Oct 24, 2023 04:30 pm ET
Franklin Financial Reports 2023 Q3 and Year-to-Date Results; Declares Dividend
CHAMBERSBURG, Pa., Oct. 24, 2023 /PRNewswire/ -- Franklin Financial Services Corporation (the Corporation) (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank) headquartered in Chambersburg, PA, reported its third quarter 2023 and year-to-date 2023 financial results. A summary of operating results follows:
Jul 25, 2023 04:30 pm ET
Franklin Financial Reports 2023 Q2 and Year-to-Date Results; Declares Dividend
CHAMBERSBURG, Pa., July 25, 2023 /PRNewswire/ -- Franklin Financial Services Corporation (the Corporation) (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank) headquartered in Chambersburg, PA, reported its second quarter 2023 and year-to-date 2023 results. A summary of operating results follows:
Apr 25, 2023 09:30 am ET
Franklin Financial Reports 2023 Q1 Results; Declares Dividend
CHAMBERSBURG, Pa., April 25, 2023 /PRNewswire/ -- Franklin Financial Services Corporation (the Corporation) (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $3.3 million ($0.75 per diluted share) for the first quarter and year-to-date period ended March 31, 2023, compared to $3.0 million ($0.67 per diluted share) for the first quarter and year-to-date period ended March 31, 2022, or a 9.3% increase over the comparable quarter, and an 11.9% EPS increase over the comparable quarter. For 2023, the Corporation had a $2.0 million increase in
Jan 24, 2023 03:30 pm ET
Franklin Financial Reports 2022 Q4 and End of the Year Results; Declares Dividend
CHAMBERSBURG, Pa., Jan. 24, 2023 /PRNewswire/ -- Franklin Financial Services Corporation (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $3.7 million ($0.84 per diluted share) for the fourth quarter ended December 31, 2022, compared to $3.7 million ($0.82 per diluted share) for the fourth quarter ended December 31, 2021. Net income for 2022 was $14.9 million ($3.36 per diluted share) compared to $19.6 million ($4.42 per diluted share) for the same twelve-month period in 2021. For 2022, the Corporation had a $6.9 million increase in net
Oct 25, 2022 04:30 pm ET
Franklin Financial Reports 2022 Q3 Earnings; Declares Dividend
CHAMBERSBURG, Pa., Oct. 25, 2022 /PRNewswire/ -- Franklin Financial Services Corporation (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $4.6 million ($1.05 per diluted share) for the third quarter ended September 30, 2022, compared to $5.9 million ($1.31 per diluted share) for the third quarter ended September 30, 2021, and $3.6 million ($.80 per diluted share) for the second quarter of 2022. Year-to-date consolidated 2022 net income was $11.2 million ($2.52 per diluted share) compared to $16.0 million ($3.60 per diluted share) for the
Jul 26, 2022 04:30 pm ET
Franklin Financial Reports 2022 Q2 Earnings; Declares Dividend
CHAMBERSBURG, Pa., July 26, 2022 /PRNewswire/ -- Franklin Financial Services Corporation (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $3.6 million ($0.80 per diluted share) for the second quarter ended June 30, 2022. This result represents a 19% increase compared to net income of $3.0 million ($0.67 per diluted share) for the first quarter of 2022, and a 32% decrease compared to net income of $5.3 million ($1.19 per diluted share) for the second quarter ended June 30, 2021. Year-to-date 2022 net income was $6.6 million ($1.47 per dil
Apr 26, 2022 08:00 am ET
Franklin Financial Reports 2022 Q1 Earnings; Declares Dividend
CHAMBERSBURG, Pa., April 26, 2022 /PRNewswire/ -- Franklin Financial Services Corporation (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $3.0 million ($.67 per diluted share) for the first quarter ended March 31, 2022, compared to $3.7 million ($.82 per diluted share) for the fourth quarter ended December 31, 2021, and $4.8 million ($1.09 per diluted share) for the first quarter of 2021.
Jan 25, 2022 03:30 pm ET
Franklin Financial Reports 2021 Q4 Earnings; Declares Dividend
CHAMBERSBURG, Pa., Jan. 25, 2022 /PRNewswire/ -- Franklin Financial Services Corporation (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $3.7 million ($.82 per diluted share) for the fourth quarter ended December 31, 2021, compared to $4.6 million ($1.04 per diluted share) for the fourth quarter ended December 31, 2020, and $5.9 million ($1.31 per diluted share) for the third quarter of 2021. Year-to-date 2021 net income was $19.6 million ($4.42 per diluted share) compared to $12.8 million ($2.93 per diluted share) for the same twelve-m
Oct 26, 2021 04:30 pm ET
Franklin Financial Reports 2021 Q3 Earnings; Declares Dividend
CHAMBERSBURG, Pa., Oct. 26, 2021 /PRNewswire/ -- Franklin Financial Services Corporation (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $5.9 million ($1.31 per diluted share) for the third quarter ended September 30, 2021, compared to $3.5 million ($0.79 per diluted share) for the third quarter ended September 30, 2020, and $5.3 million ($1.19 per diluted share) for the second quarter of 2021. Year-to-date 2021 net income was $16.0 million ($3.60 per diluted share) compared to $8.2 million ($1.89 per diluted share) for the same nine-
Jul 29, 2021 09:00 am ET
F&M Trust Completes Purchase of Future Corporate Headquarters
CHAMBERSBURG, Pa., July 29, 2021 /PRNewswire/ -- Franklin Financial Services Corporation (NASDAQ: FRAF), and its subsidiary F&M Trust, recently completed the purchase of the former Danfoss manufacturing facility located in both the Borough of Chambersburg and Guilford Township. The state-of-the-art facility, which is three miles from the bank's current location, is the future site of the bank's new corporate headquarters and operations center.
Jul 27, 2021 04:30 pm ET
Franklin Financial Reports 2021 Q2 Earnings; Declares Dividend
CHAMBERSBURG, Pa., July 27, 2021 /PRNewswire/ -- Franklin Financial Services Corporation (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $5.3 million ($1.19 per diluted share) for the second quarter ended June 30, 2021, compared to $3.1 million ($0.71 per diluted share) for the second quarter ended June 30, 2020, and $4.8 million ($1.09 per diluted share) for the first quarter of 2021. Year-to-date 2021 net income was $10.1 million ($2.28 per diluted share) compared to $4.8 million ($1.10 per diluted share) for the same six- month perio
Jan 26, 2021 03:49 pm ET
Franklin Financial Reports 2020 Q4 Earnings; Declares Dividend
CHAMBERSBURG, Pa., Jan. 26, 2021 /PRNewswire/ -- Franklin Financial Services Corporation (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $4.6 million ($1.04 per diluted share) for the fourth quarter ended December 31, 2020, compared to third quarter 2020 earnings of $3.5 million ($0.79 per diluted share) and fourth quarter 2019 earnings of $4.4 million ($1.01 per diluted share). Net income for the full year of 2020 was $12.8 million ($2.93 per diluted share) compared with $16.1 million ($3.67 per diluted share) for the same period in 20
Oct 27, 2020 04:30 pm ET
Franklin Financial Reports 2020 Q3 Earnings; Declares Dividend
CHAMBERSBURG, Pa., Oct. 27, 2020 /PRNewswire/ -- Franklin Financial Services Corporation (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $3.5 million ($0.79 per diluted share) for the third quarter ended September 30, 2020, compared to second quarter 2020 earnings of $3.1 million ($0.71 per diluted share) and third quarter 2019 earnings of $4.5 million ($1.03) per diluted share). Net income for the first nine months of 2020 was $8.2 million ($1.89 per diluted share) compared with $11.7 million ($2.66 per diluted share) for the same peri
Jul 28, 2020 04:30 pm ET
Franklin Financial Reports 2020 Q2 Earnings; Declares Dividend
CHAMBERSBURG, Pa., July 28, 2020 /PRNewswire/ -- Franklin Financial Services Corporation (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $3.1 million ($0.71 per diluted share) for the second quarter ended June 30, 2020, compared to first quarter 2020 earnings of $1.7 million ($0.39 per diluted share) and second quarter 2019 earnings of $4.0 million ($0.90 per diluted share). Net income for the first six months of 2020 was $4.8 million ($1.10 per diluted share) compared with $7.2 million ($1.63 per diluted share) for the same period in 2
Apr 27, 2020 04:30 pm ET
Franklin Financial Reports 2020 Q1 Earnings; Declares Dividend
CHAMBERSBURG, Pa., April 27, 2020 /PRNewswire/ -- Franklin Financial Services Corporation (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $1.7 million ($0.39 per diluted share) for the first quarter ended March 31, 2020, compared to fourth quarter 2019 earnings of $4.4 million ($1.01 per diluted share) and first quarter 2019 earnings of $3.2 million ($0.73 per diluted share).
Apr 07, 2020 04:30 pm ET
Franklin Financial Services Corporation Announces Change of Location of Annual Meeting of Shareholders to be Held on April 28, 2020
CHAMBERSBURG, Pa., April 7, 2020 /PRNewswire/ -- Franklin Financial Services Corporation (NASDAQ: FRAF) ( "Franklin Financial"), the parent bank holding company of F&M Trust announced today that due to the emerging public health impact of the coronavirus (COVID-19) pandemic, the location of the Franklin Financial's annual meeting of shareholders has been changed and will be held in a virtual meeting format only.
Oct 29, 2019 04:30 pm ET
Franklin Financial Reports Q3 2019 Earnings; Declares Dividend
CHAMBERSBURG, Pa., Oct. 29, 2019 /PRNewswire/ -- Franklin Financial Services Corporation (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $4.5 million ($1.03 per diluted share) for the third quarter ended September 30, 2019, compared to second quarter 2019 earnings of $4.0 million ($0.90 per diluted share) and third quarter 2018 earnings of $4.0 million ($0.91 per diluted share). Net income for the first nine months of 2019 was $11.7 million ($2.66 per diluted share) compared to $2.3 million ($0.53 per diluted share) for the same period
Jul 30, 2019 04:30 pm ET
Franklin Financial Reports Q2 2019 Earnings; Declares Dividend
CHAMBERSBURG, Pa., July 30, 2019 /PRNewswire/ -- Franklin Financial Services Corporation (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $4.0 million ($0.90 per diluted share) for the second quarter ended June 30, 2019, which ranks as the second highest quarter of earnings in the Corporation's history compared to the first quarter 2019 earnings of $3.2 million ($0.73 per diluted share) and a net loss of $5.2 million for the second quarter 2018 (-$1.18 per diluted share). Net income for the first six months of 2019 was $7.2 million ($1.6
Apr 30, 2019 09:00 am ET
Franklin Financial Announces Nasdaq Listing
CHAMBERSBURG, Pa., April 30, 2019 /PRNewswire/ -- Franklin Financial Services Corporation, the bank holding company of F&M Trust, today announced that the listing of its common stock on the Nasdaq Stock Market will commence with the market opening on May 1, 2019 under the ticker symbol "FRAF." The Company's common stock will continue to trade on the OTCQX Market through April 30, 2019.
Apr 30, 2019 09:00 am ET
Franklin Financial Reports Q1 2019 Earnings; Declares Dividend
CHAMBERSBURG, Pa., April 30, 2019 /PRNewswire/ -- Franklin Financial Services Corporation, the bank holding company of F&M Trust, reported consolidated earnings of $3.2 million ($0.73 per diluted share) for the first quarter ended March 31, 2019, which ranks as the fifth highest quarter of earnings in the Corporation's history though below fourth quarter 2018 earnings of $3.8 million ($0.86 per diluted share) and first quarter 2018 earnings of $3.5 million ($0.80 per diluted share). Compared to the first quarter of 2018, net interest income increased 6.6% to $10.3 million and the net int
Jan 29, 2019 09:32 am ET
Franklin Financial Reports 2018 Earnings; Declares Dividend
CHAMBERSBURG, Pa., Jan. 29, 2019 /PRNewswire/ -- Franklin Financial Services Corporation, the bank holding company of F&M Trust, reported consolidated earnings of $3.8 million ($0.86 per diluted share) for the fourth quarter ended December 31, 2018, as compared to third quarter 2018 earnings of $4.0 million ($0.91 per diluted share) and a net loss of $7.3 million (-$1.67 per diluted share) for the fourth quarter ended December 31, 2017. Net income for 2018 was $6.1 million ($1.39 per diluted share) after a $10.0 million provision for loan loss expense incurred due to impairment charges o
Oct 23, 2018 10:12 am ET
Franklin Financial Reports Q3 2018 Earnings; Declares Q4 Dividend
CHAMBERSBURG, Pa., Oct. 23, 2018 /PRNewswire/ -- Franklin Financial Services Corporation (OTCQX: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $4.0 million for the third quarter ended September 30, 2018, as compared to third quarter 2017 earnings of $3.1 million, a 29% increase, and a net loss of $5.2 million for the second quarter of 2018. Net income for the first nine months of 2018 was $2.3 million compared with $9.4 million for the same period in 2017, a decrease of 75.4%. On a per share basis, diluted earnings were $0.91 for the quarter e
Jul 24, 2018 02:57 pm ET
Franklin Financial Reports Q2 2018 Earnings; Declares Q3 Dividend
CHAMBERSBURG, Pa., July 24, 2018 /PRNewswire/ -- Franklin Financial Services Corporation, the bank holding company of F&M Trust (the Bank), reported a net loss of $5.2 million for the second quarter ended June 30, 2018, as compared to second quarter 2017 earnings of $3.3 million and first quarter 2018 earnings of $3.5 million. For the first six months of 2018, the Corporation reported a net loss of $1.7 million compared with net income of $6.4 million for the same period in 2017.
Apr 23, 2018 03:20 pm ET
Franklin Financial Reports Q1 2018 Earnings; Declares Q2 Dividend Increase
CHAMBERSBURG, Pa., April 23, 2018 /PRNewswire/ -- Franklin Financial Services Corporation, the bank holding company of F&M Trust, reported earnings of $3.5 million for the first quarter ended March 31, 2018, as compared to a net loss of $7.3 million for the fourth quarter 2017 and first quarter 2017 earnings of $3.0 million. As previously reported, results for the fourth quarter ended December 31, 2017 were affected by a $10 million pre-tax expense related to the accrual for a legal settlement and additional tax expense of $2.3 million due to the remeasurement of net deferred tax assets
Feb 12, 2018 07:35 am ET
Franklin Financial Services Corporation Presentation Now Available for On-Demand Viewing
Company invites individual and institutional investors as well as advisors to log-on to VirtualInvestorConferences.com to view presentation
Feb 12, 2018 07:35 am ET
Franklin Financial Services Corporation Presentation Now Available for On-Demand Viewing
Company invites individual and institutional investors as well as advisors to log-on to VirtualInvestorConferences.com to view presentation
Feb 06, 2018 07:35 am ET
Franklin Financial Services Corporation to Webcast, Live, at VirtualInvestorConferences.com February 8
Company invites individual and institutional investors as well as advisors to attend interactive real-time virtual VirtualInvestorConferences.com
Feb 06, 2018 07:35 am ET
Franklin Financial Services Corporation to Webcast, Live, at VirtualInvestorConferences.com February 8
Company invites individual and institutional investors as well as advisors to attend interactive real-time virtual VirtualInvestorConferences.com
Feb 02, 2018 07:35 am ET
OTC Markets Group Announces Agenda for OTCQX Banks Virtual Investor Conference on February 8
NEW YORK, Feb. 2, 2018 /CNW/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced the agenda for its next OTCQX® Virtual Investor Conference on February 8, 2018 featuring regional and community banks traded on the OTCQX Best Market.
Feb 02, 2018 07:35 am ET
OTC Markets Group Announces Agenda for OTCQX Banks Virtual Investor Conference on February 8
NEW YORK, Feb. 2, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced the agenda for its next OTCQX® Virtual Investor Conference on February 8, 2018 featuring regional and community banks traded on the OTCQX Best Market.
Jan 30, 2018 04:24 pm ET
Franklin Financial Reports 2017 Earnings; Declares Dividend
CHAMBERSBURG, Pa., Jan. 30, 2018 /PRNewswire/ -- Franklin Financial Services Corporation, the bank holding company of F&M Trust, reported a net loss of $7.3 million for the fourth quarter ended December 31, 2017, as compared to third quarter 2017 earnings of $3.1 million and fourth quarter 2016 earnings of $1.7 million. Net income for the year was $2.2 million compared with $8.1 million in 2016, a decrease of 73.1%. On a per share basis, diluted earnings were -$1.67 for the quarter ended December 31, 2017 and $0.50 for the year, compared to $0.40 and $1.88 for the same periods in 2016.
Oct 25, 2017 05:52 pm ET
Franklin Financial Reports Q3 2017 Earnings; Declares Q4 Dividend
CHAMBERSBURG, Pa., Oct. 25, 2017 /PRNewswire/ -- Franklin Financial Services Corporation, the bank holding company of F&M Trust, reported earnings of $3.1 million for the third quarter ended September 30, 2017. This represents a 48.2% increase when compared to third quarter 2016 earnings of $2.1 million and an 8.0% decrease when compared to second quarter 2017 earnings of $3.3 million. Second quarter 2017 results were positively impacted by a recovery of past due interest and fees ($374 thousand pre-tax) from a large non-accrual commercial loan that was paid off. Net income for the first
Jul 25, 2017 10:00 am ET
Franklin Financial Reports Record Q2 2017 Earnings; Declares Q3 Dividend
CHAMBERSBURG, Pa., July 25, 2017 /PRNewswire/ -- Franklin Financial Services Corporation, the bank holding company of F&M Trust, reported earnings of $3.3 million for the second quarter ended June 30, 2017. This represents a 114.1% increase when compared to second quarter 2016 earnings of $1.6 million and a 10.7% increase when compared to first quarter 2017 earnings of $3.0 million. Net income for the first six months of 2017 was $6.4 million compared with $4.3 million for the same period in 2016, an increase of 48.4%.
Mar 20, 2017 09:30 am ET
Franklin Financial Services Presentation Now Available for On-Demand Viewing
Company invites individual and institutional investors as well as advisors to log-on to VirtualInvestorConferences.com to view presentation
Mar 20, 2017 09:30 am ET
Franklin Financial Services Presentation Now Available for On-Demand Viewing
Company invites individual and institutional investors as well as advisors to log-on to VirtualInvestorConferences.com to view presentation
Mar 10, 2017 08:30 am ET
OTC Markets Group Announces Agenda for March 15th OTCQX Banks Virtual Investor Conference
NEW YORK, March 9, 2017 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced the agenda for its OTCQX Banks Virtual Investor Conference taking place on Wednesday, March 15, beginning at 9:00 a.m. Eastern time.
Mar 08, 2017 08:30 am ET
Franklin Financial Services to Webcast, Live, at VirtualInvestorConferences.com March 15
Company invites individual and institutional investors as well as advisors to attend interactive real-time virtual VirtualInvestorConferences.com
Mar 08, 2017 08:30 am ET
Franklin Financial Services to Webcast, Live, at VirtualInvestorConferences.com March 15
Company invites individual and institutional investors as well as advisors to attend interactive real-time virtual VirtualInvestorConferences.com
Mar 02, 2017 02:25 pm ET
Franklin Financial Named to 2017 OTCQX Best 50
CHAMBERSBURG, Pa., March 2, 2017 /PRNewswire/ -- Franklin Financial Services Corporation (OTCQX: FRAF), the bank holding company of F&M Trust, is pleased to announce it has been named to the 2017 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year.
Jan 25, 2017 09:00 am ET
Franklin Financial Reports 2016 Earnings; Declares Dividend
CHAMBERSBURG, Pa., Jan. 25, 2017 /PRNewswire/ -- Franklin Financial Services Corporation, the bank holding company of F&M Trust, reported earnings of $1.7 million for the fourth quarter ended December 31, 2016. This represents a 24.0% decrease when compared to fourth quarter 2015 earnings of $2.3 million and a 17.0% decrease when compared to third quarter 2016 earnings of $2.1 million. Earnings for the fourth quarter of 2016 were affected by a $1.2 million write down of a property, which was held as other real estate (ORE) in participation with another bank. Net interest income for the f
Oct 25, 2016 05:30 pm ET
Franklin Financial Reports Third Quarter 2016 Earnings; Declares Dividend
CHAMBERSBURG, Pa., Oct. 25, 2016 /PRNewswire/ -- Franklin Financial Services Corporation, the bank holding company of F&M Trust, reported earnings of $2.1 million for the third quarter ended September 30, 2016. This represents a 19.5% decrease when compared to third quarter 2015 earnings of $2.6 million and a 31.3% increase when compared to second quarter 2016 earnings of $1.6 million. For the third quarter of 2016, net interest income increased $620 thousand over the prior year quarter; however, this increase was more than offset by a $750 thousand increase in the provision for loan los
Jul 29, 2016 02:00 pm ET
Franklin Financial Declares Third Quarter Dividend
CHAMBERSBURG, Pa., July 29, 2016 /PRNewswire/ -- The Board of Directors of Franklin Financial Services Corporation declared a $0.21 per share regular cash dividend for the third quarter of 2016. This compares to a $0.19 per share regular cash dividend for the third quarter of 2015, representing a 10.5% increase. Total cash dividends paid during the first three quarters of 2016 will be $0.61 per share compared to $0.55 per share in 2015, an increase of 10.9%.
Jul 25, 2016 10:00 am ET
Franklin Financial Reports Second Quarter 2016 Earnings
CHAMBERSBURG, Pa., July 25, 2016 /PRNewswire/ -- Franklin Financial Services Corporation, the bank holding company of F&M Trust, reported earnings of $1.6 million for the second quarter ended June 30, 2016. This represents a 36.9% decrease when compared to second quarter 2015 earnings of $2.5 million and a 42.7% decrease when compared to first quarter 2016 earnings of $2.7 million. Second quarter 2016 earnings were negatively affected by the provision for loan loss expense of $1.88 million compared to $310 thousand during the same quarter of 2015. The increase in the provision expense wa
Jul 01, 2016 10:00 am ET
Franklin Financial, F&M Trust Appoint Tim Henry as CEO
CHAMBERSBURG, Pa., July 1, 2016 /PRNewswire/ -- The Board of Directors of Franklin Financial Services Corporation, the bank holding company of F&M Trust, announced that Timothy G. Henry has been appointed as Chief Executive Officer of Franklin Financial Services Corporation and F&M Trust effective July 1, 2016. Henry was previously appointed President of Franklin Financial and F&M Trust effective February 1, 2016.
Apr 26, 2016 10:00 am ET
Franklin Financial Reports First Quarter 2016 Earnings
CHAMBERSBURG, Pa., April 26, 2016 /PRNewswire/ -- Franklin Financial Services Corporation, the bank holding company of F&M Trust, reported earnings of $2,726,000 for the first quarter ended March 31, 2016. This represents a 5.5% decrease when compared to first quarter 2015 earnings of $2,884,000 and a 20.2% increase when compared to fourth quarter 2015 earnings of $2,267,000. First quarter 2015 earnings were enhanced by two nonrecurring events that increased pre-tax noninterest income by $899,000. Adjusting for the nonrecurring events, net income for the first quarter 2016 represents a 1
Apr 18, 2016 03:00 pm ET
Franklin Financial Declares Second Quarter Dividend
CHAMBERSBURG, Pa., April 18, 2016 /PRNewswire/ -- The Board of Directors of Franklin Financial Services Corporation declared a $0.21 per share regular cash dividend for the second quarter of 2016. This compares to a $0.19 per share regular cash dividend for the second quarter of 2015, representing a 10.5% increase. Total cash dividends paid during the first two quarters of 2016 will be $0.40 per share compared to $0.36 per share in 2015, an increase of 11.1%.
Apr 18, 2016 11:00 am ET
Franklin Financial Announces Stock Repurchase Program
CHAMBERSBURG, Pa., April 18, 2016 /PRNewswire/ -- Franklin Financial Services Corporation, the bank holding company of F&M Trust, announced that its Board of Directors has authorized the repurchase of up to $350,000 in shares of its $1.00 par value common stock during each calendar quarter through March 31, 2017. The repurchases are authorized to be made in open market or privately negotiated transactions. The specific prices, numbers of shares and timing of purchase transactions will be determined by the Corporation from time to time in its sole discretion.
Feb 08, 2016 08:00 am ET
Franklin Financial Services Corporation Presentation Now Available for On-Demand Viewing at OTCQX Banks Virtual Investor Conference
Company invites individual and institutional investors as well as advisors to log-on to VirtualInvestorConferences.com to view presentation
Feb 08, 2016 08:00 am ET
Franklin Financial Services Corporation Presentation Now Available for On-Demand Viewing at OTCQX Banks Virtual Investor Conference
Company invites individual and institutional investors as well as advisors to log-on to VirtualInvestorConferences.com to view presentation
Feb 02, 2016 04:19 pm ET
Franklin Financial, F&M Trust Announce Appointment of Tim Henry as Director
CHAMBERSBURG, Pa., Feb. 2, 2016 /PRNewswire/ -- The Board of Directors of Franklin Financial Services Corporation, the bank holding company of F&M Trust, announced that Timothy G. Henry has been appointed a Director of Franklin Financial Services Corporation and of F&M Trust effective February 1, 2016. As a Class A Director of the Corporation, Mr. Henry will serve a term to expire at the annual meeting of shareholders in 2017.
Feb 01, 2016 08:00 am ET
Franklin Financial Services Corporation to Webcast, Live, at OTCQX Banks Virtual Investor Conference February 4
Company invites individual and institutional investors as well as advisors to attend interactive real-time virtual conference at VirtualInvestorConferences.com
Feb 01, 2016 08:00 am ET
Franklin Financial Services Corporation to Webcast, Live, at OTCQX Banks Virtual Investor Conference February 4
Company invites individual and institutional investors as well as advisors to attend interactive real-time virtual conference at VirtualInvestorConferences.com
Jan 29, 2016 02:00 pm ET
Franklin Financial Declares First Quarter Dividend
CHAMBERSBURG, Pa., Jan. 29, 2016 /PRNewswire/ -- The Board of Directors of Franklin Financial Services Corporation declared a $0.19 per share regular cash dividend for the first quarter of 2016, matching the regular quarterly cash dividend paid in the fourth quarter of 2015. This compares to a $0.17 per share regular cash dividend for the first quarter of 2015, representing an 11.8% increase.
Jan 28, 2016 04:21 pm ET
OTC Markets Group Announces Agenda for February 4th OTCQX Banks Virtual Investor Conference
Individual and institutional investors invited to log on and ask questions directly to bank CEOs and their senior executives
Jan 28, 2016 04:21 pm ET
OTC Markets Group Announces Agenda for February 4th OTCQX Banks Virtual Investor Conference
Individual and institutional investors invited to log on and ask questions directly to bank CEOs and their senior executives
Jan 26, 2016 09:00 am ET
Franklin Financial Reports 2015 Earnings
CHAMBERSBURG, Penn., Jan. 26, 2016 /PRNewswire/ -- Franklin Financial Services Corporation, the bank holding company of F&M Trust, reported earnings of $2,267,000 for the fourth quarter ended December 31, 2015. This represents a 22.7% increase when compared to fourth quarter 2014 earnings of $1,847,000, and a slight decrease when compared to third quarter 2015 earnings of $2,579,000. Net income for the year was $10,204,000 compared with $8,402,000 for 2014, an increase of 21.4%. Earnings for 2015 were enhanced by two nonrecurring events that increased noninterest income by $899,000 (pret
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