FRANKLIN FINANCIAL SERVICES CORP /PA/ (FRAF) Franklin Financial Services Corporation (FRAF) operates as the parent company for Farmers and Merchants Trust Company of Chambersburg, delivering a comprehensive array of financial solutions. This includes commercial, retail banking, and trust services for a diverse clientele, comprising individuals, small and medium-sized businesses, governmental entities, and non-profit organizations throughout Pennsylvania. The company provides various deposit options, such as checking, savings, money market, and time deposit accounts, alongside demand deposits. Its lending portfolio is extensive, featuring commercial real estate, construction and land development, and agricultural loans. It also offers secured and unsecured commercial and industrial financing, including accounts receivable, inventory, and equipment loans, as well as residential mortgages and consumer installment and revolving loans. Beyond core banking, Franklin Financial offers robust investment and trust services. These encompass estate planning and administration, management of corporate and personal trust funds, oversight of pension and other employee benefit funds, and custodial services. Additionally, the company facilitates the sale of mutual funds, annuities, and insurance products, and provides safe deposit facilities and fiduciary services. Through its subsidiary, Franklin Future Fund Inc., the corporation also operates as a non-bank investment firm, engaging in venture capital investments. Established in 1906 and headquartered in Chambersburg, Pennsylvania, Franklin Financial Services Corporation serves its customers through 22 community banking offices located across Franklin, Cumberland, Fulton, and Huntingdon counties in Pennsylvania.
Sector: State Commercial Banks
Industry: Banks - Regional
Franklin Financial Services Corporation NASDAQ:FRAF Financial Services · Banks - Regional
Mkt Cap $288.42M
Div Yield 2.09%
AH Close $64.10 +0.00% vs close
AH Close $64.10 +0.00% vs close
Mkt Cap $288.42M
Div Yield 2.09%
All Press Release SEC Filings News
SEC Filing
FRAF: 8-K · dividend
Franklin Financial Services Corporation's Board declared a $0.34 per share regular cash dividend for the fourth quarter of 2026 on October 15, 2026, up 3.0% from the $0.33 paid in the fourth quarter of 2025.
The dividend is unchanged from the prior quarter's $0.34 and will be paid November 25, 2026 to shareholders of record at the close of business on November 6, 2026.
The steady payout with a modest annual increase signals consistent capital return from the Pennsylvania community bank, though the event itself is routine for FRAF shareholders.
SEC 8-K • 10d ago News
Franklin Financial Services (NASDAQ:FRAF) and JPMorgan Chase & Co. (NYSE:JPM) Head to Head Review
defenseworld.net • 1mo ago SEC Filing ⚠ 2
FRAF: 8-K · leadership change
Franklin Financial Services Corporation filed an 8-K on August 18, 2026 disclosing that effective August 17, 2026 it, its bank subsidiary Farmers and Merchants Trust Company of Chambersburg, and Charles B. Carroll, President of the company and President & COO of the bank, entered into a First Amendment to his January 3, 2023 employment agreement.
The Amendment sets a three-year term beginning August 17, 2026 that automatically renews for one-year periods unless either party gives at least 180 days notice, and it defines Agreed Compensation as Carroll's highest annual base salary plus the average of his annual cash bonuses over the three calendar years preceding termination.
If Carroll is terminated without cause or resigns for good reason within the window following a change in control, he is entitled to a lump sum of up to 2.99 times Agreed Compensation, two years of continued health and welfare benefits, an appraisal offset of non-compete value against Section 280G parachute calculations, and a limited excise-tax gross-up.
The filing is a routine retention-and-compensation disclosure with no departure or change in role; its main significance is that it locks in strengthened change-in-control protections for the company's president, which would modestly raise transaction costs for any future acquirer of the bank.
SEC 8-K • 2mo ago AI analysis › News
Franklin Financial Services (NASDAQ:FRAF) vs. Cib Marine Bancshares (OTCMKTS:CIBH) Head-To-Head Contrast
defenseworld.net • 2mo ago SEC Filing
FRAF: 10-Q · periodic report
Franklin Financial Services Corporation filed its Form 10-Q for the quarter ended June 30, 2026 with the SEC on August 10, 2026.
The filing includes the standard Sarbanes-Oxley Section 302 and Section 906 certifications signed by CEO Craig W. Best and CFO Mark R. Hollar, in which both officers affirm the report fairly presents, in all material respects, the company's financial condition and results of operations.
The certification exhibits contain no disclosures of internal-control material weaknesses, restatements, or fraud, making this a routine quarterly filing for the Pennsylvania bank holding company; the substantive financial statements are not included in the exhibits provided.
SEC 10-Q • 2mo ago AI analysis › News
Franklin Financial Q2 Earnings Rise Y/Y on Higher Net Interest Income
zacks.com • 2mo ago Press Release ⚠ 2
Franklin Financial Reports Second Quarter and Year-to-Date 2026 Results; Declares Dividend
Franklin Financial reported Q2 2026 net income of $6.6 million ($1.47 per share), an 11.9% increase from the prior year, driven by a decrease in interest expense and improved efficiency ratio to 59.07%.
Year-to-date net income rose 34.8% to $13.2 million, supported by 12.2% growth in net interest income and growth in wealth management fees.
The Board declared a $0.34 per share quarterly dividend for Q3 2026, while assets grew to $2.335 billion and tangible book value increased to $38.90 per share.
• 3mo ago AI analysis › SEC Filing
FRAF: 8-K · earnings release
Franklin Financial Services Corporation reported strong first quarter 2026 financial results, highlighted by a significant increase in earnings per share. Diluted EPS rose to $1.48, up from $0.88 in the prior year period, while net income grew to $6.6 million.
The company improved its profitability metrics, achieving a net interest margin of 3.53% and a return on average assets of 1.20%. These gains were supported by a low-cost deposit franchise and growth in the wealth management segment, which now oversees $1.4 billion in assets under management.
Asset quality remained solid with nonperforming assets representing just 0.37% of total assets. The balance sheet expanded during the quarter, with total loans reaching $1.6 billion and total deposits growing to $1.9 billion.
SEC 8-K • 3mo ago SEC Filing ⚠ 3
FRAF: 8-K · earnings release
Franklin Financial Services Corporation reported net income of $6.6 million, or $1.47 per diluted share, for the second quarter of 2026, an increase of 11.9% compared to the same period in 2025.
The company announced a quarterly cash dividend of $0.34 per share, payable on August 26, 2026, while total assets grew by 4.3% to $2.335 billion and deposits increased 4.8% to $1.925 billion.
Credit quality metrics showed some deterioration as nonperforming assets doubled to $17.7 million from $8.5 million at year-end 2025, driven primarily by two commercial real estate loans placed on nonaccrual status during the quarter.
SEC 8-K • 3mo ago AI analysis › News
CMTV vs. FRAF: Which Community Bank Stock Is the Better Buy?
zacks.com • 3mo ago SEC Filing
FRAF: 8-K · dividend
Franklin Financial Services Corporation announced a regular cash dividend of $0.34 per share for the third quarter of 2026.
This payment represents a 3.0% increase compared to the $0.33 per share dividend issued in the third quarter of 2025.
Shareholders of record as of August 7, 2026 will receive payment on August 26, 2026.
SEC 8-K • 3mo ago News
2 Outperform Rated Regional Banks
zacks.com • 5mo ago SEC Filing
FRAF: 10-Q · periodic report
Franklin Financial Services Corporation reported a net income of $6.637 million for the first quarter of 2026, a 69.2% increase from $3.922 million in the first quarter of 2025. This strong earnings performance is driven by a 19.1% increase in noninterest income to $5.360 million and a 17.5% increase in total revenue to $24.126 million.
The company's total assets grew by 2.6% to $2.298 billion as of March 31, 2026, from $2.239 billion at year-end 2025. The increase in assets is primarily due to a 2.9% growth in total deposits to $1.890 billion.
The provision for credit losses decreased to $221 thousand for the first quarter of 2026, from $779 thousand in the first quarter of 2025, reflecting a reassessment of the municipal loans portfolio and qualitative factor decreases.
The company's efficiency ratio improved to 63.64% for the first quarter of 2026, from 71.36% in the first quarter of 2025, indicating better cost management and operational efficiency.
SEC 10-Q • 5mo ago AI analysis › News
Franklin Financial Q1 Earnings Surge 69% Y/Y on Margin Expansion
zacks.com • 5mo ago News
Franklin Financial Services Corporation (FRAF) Shareholder/Analyst Call Prepared Remarks Transcript
seekingalpha.com • 5mo ago Press Release ⚠ 2
Franklin Financial Reports First Quarter 2026 Results; Declares Dividend
Franklin Financial reported Q1 2026 net income of $6.6 million, or $1.48 per diluted share, representing a 69.2% increase compared to the first quarter of 2025.
The Board of Directors declared a $0.34 per share regular quarterly cash dividend for the second quarter of 2026, a 3.0% increase from the prior year period.
Total assets grew 2.6% to $2.298 billion, while net loans increased to $1.552 billion and total deposits rose to $1.890 billion.
• 6mo ago AI analysis › News
Head-To-Head Comparison: Franklin Financial Services (NASDAQ:FRAF) and First Bank (NASDAQ:FRBA)
defenseworld.net • 6mo ago 1 fund position change (13F filings)