Quarterly ResultMay 1, 2026, 04:34 PM
Franklin Financial Q1 EPS $1.48; Net Income $6.6M; ROA 1.20%
AI Summary
Franklin Financial Services Corporation announced strong financial results for the first quarter of 2026, with diluted EPS rising to $1.48 and net income reaching $6.6 million. The company demonstrated improved profitability metrics, including a return on average assets of 1.20% and a net interest margin of 3.53%. Additionally, its Wealth Management AUM surpassed $1.4 billion, and asset quality remained robust.
Key Highlights
- Franklin Financial reported Q1 2026 diluted EPS of $1.48, up from $0.88 in Q1 2025.
- Net income for Q1 2026 was $6.6 million, a significant increase from $3.9 million in Q1 2025.
- Return on average assets (ROA) improved to 1.20% and return on average equity (ROE) to 15.13% in Q1 2026.
- Net interest margin (NIM) increased to 3.53% in Q1 2026 from 3.05% in Q1 2025.
- Wealth Management Assets Under Management (AUM) reached $1.4 billion as of March 31, 2026.
- Total loans grew to $1.57 billion and total deposits to $1.89 billion in Q1 2026.
- Nonperforming assets (NPA) to total assets remained low at 0.37% as of March 31, 2026.
- The company declared a Q1 2026 dividend of $0.33 per share.
Price Impact
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