Franklin Financial Services Corporation operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to small and medium-sized businesses, individuals, governmental entities, and non-profit organizations in Pennsylvania. It offers various deposit products, including checking, savings, money management, and time deposit accounts, as well as demand deposits. The company also provides commercial real estate, construction and land development, agricultural, commercial and industrial, and residential mortgage loans, as well as installment and revolving loans to consumers; and secured and unsecured commercial and industrial loans, including accounts receivable and inventory financing, and commercial equipment financing. In addition, it offers various investment and trust services comprising estate planning and administration, corporate and personal trust fund management, pension, and profit sharing and other employee benefit funds management services, as well as custodial services; sells mutual funds, annuities, and insurance products; and offers safe deposit facilities and fiduciary services. Further, the company, through its subsidiary, Franklin Future Fund Inc., operates as a non-bank investment company that makes venture capital investments. It operates twenty-two community banking offices in Franklin, Cumberland, Fulton, and Huntingdon counties, Pennsylvania. Franklin Financial Services Corporation was founded in 1906 and is headquartered in Chambersburg, Pennsylvania.
IPO Year:
Exchange: NASDAQ
Website: franklinfin.com
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CHAMBERSBURG, Pa., Jan. 28, 2025 /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 2024 and year-to-date 2024 results. A summary of operating results follows: Net income for the fourth quarter of 2024 was $487 thousand ($0.11 per diluted share) compared to $4.2 million ($0.95 per diluted share) for the third quarter of 2024 (a decrease of 88.5%), and $3.5 million ($0.79 per diluted share) for the fourth quarter of 2023 (a decrea
CHAMBERSBURG, Pa., Oct. 22, 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 third quarter 2024 and year-to-date 2024 results. A summary of operating results follows: Net income for the third quarter of 2024 was $4.2 million ($0.95 per diluted share) compared to $3.0 million ($0.66 per diluted share) for the second quarter of 2024 (an increase of 39.1%), and $3.9 million ($0.88 per diluted share) for third quarter of 2023 (an increase o
CHAMBERSBURG, Pa., July 23, 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 second quarter 2024 and year-to-date 2024 results. A summary of operating results follows: Net income for the second quarter of 2024 was $3.0 million ($0.66 per diluted share) compared to $3.4 million ($0.77 per diluted share) for the first quarter of 2024 (a decrease of 9.8%), and $3.0 million ($0.68 per diluted share) for the second quarter of 2023.Net income
CHAMBERSBURG, Pa., April 23, 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 first quarter 2024 financial results. A summary of operating results as of or for the quarter ended March 31, 2024 follows: Net income for the first quarter of 2024 was $3.4 million compared to $3.5 million for the fourth quarter of 2023 (a decrease of 3.2%) and $3.3 million for the first quarter of 2023 (an increase of 2.1%). Diluted earnings per share were $
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: Net income for the fourth quarter of 2023 was $3.5 million ($0.79 per diluted share) compared to $3.9 million ($0.88 per diluted share) million for the third quarter of 2023 (a decrease of 10.1%) and $3.7 million ($0.84 per diluted share) for the fourth quarter
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: Net income for the second quarter of 2023 was $3.0 million ($0.68 per diluted share) compared to $3.3 million ($0.75 per diluted share) for the first quarter of 2023 (a decrease of 9.6%), and $3.6 million ($.80 per diluted share) for the second quarter of 2022 (a decrease
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 net interest income, which was partially offset by an increase of $529 thousand in the provision for credit
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 interest income, but this was partially offset by an increase of $2.8 million in the provision for loan lo
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 same nine-month period in 2021. Net income for both the third quarter of 2021 and the year-to-date period
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 diluted share) compared to $10.1 million ($2.28 per diluted share) for the same six-month period in 2021, a de
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CHAMBERSBURG, Pa., Jan. 28, 2025 /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 2024 and year-to-date 2024 results. A summary of operating results follows: Net income for the fourth quarter of 2024 was $487 thousand ($0.11 per diluted share) compared to $4.2 million ($0.95 per diluted share) for the third quarter of 2024 (a decrease of 88.5%), and $3.5 million ($0.79 per diluted share) for the fourth quarter of 2023 (a decrea
CHAMBERSBURG, Pa., Oct. 22, 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 third quarter 2024 and year-to-date 2024 results. A summary of operating results follows: Net income for the third quarter of 2024 was $4.2 million ($0.95 per diluted share) compared to $3.0 million ($0.66 per diluted share) for the second quarter of 2024 (an increase of 39.1%), and $3.9 million ($0.88 per diluted share) for third quarter of 2023 (an increase o
CHAMBERSBURG, Pa., July 23, 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 second quarter 2024 and year-to-date 2024 results. A summary of operating results follows: Net income for the second quarter of 2024 was $3.0 million ($0.66 per diluted share) compared to $3.4 million ($0.77 per diluted share) for the first quarter of 2024 (a decrease of 9.8%), and $3.0 million ($0.68 per diluted share) for the second quarter of 2023.Net income
CHAMBERSBURG, Pa., April 23, 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 first quarter 2024 financial results. A summary of operating results as of or for the quarter ended March 31, 2024 follows: Net income for the first quarter of 2024 was $3.4 million compared to $3.5 million for the fourth quarter of 2023 (a decrease of 3.2%) and $3.3 million for the first quarter of 2023 (an increase of 2.1%). Diluted earnings per share were $
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: Net income for the fourth quarter of 2023 was $3.5 million ($0.79 per diluted share) compared to $3.9 million ($0.88 per diluted share) million for the third quarter of 2023 (a decrease of 10.1%) and $3.7 million ($0.84 per diluted share) for the fourth quarter
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: Net income for the second quarter of 2023 was $3.0 million ($0.68 per diluted share) compared to $3.3 million ($0.75 per diluted share) for the first quarter of 2023 (a decrease of 9.6%), and $3.6 million ($.80 per diluted share) for the second quarter of 2022 (a decrease
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 net interest income, which was partially offset by an increase of $529 thousand in the provision for credit
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 interest income, but this was partially offset by an increase of $2.8 million in the provision for loan lo
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 same nine-month period in 2021. Net income for both the third quarter of 2021 and the year-to-date period
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 diluted share) compared to $10.1 million ($2.28 per diluted share) for the same six-month period in 2021, a de
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