FRANKLIN FINANCIAL SERVICES CORP /PA/

Franklin Financial Services Corporation announced that its Board of Directors declared a regular cash dividend of $0.34 per share for the third quarter of 2026. This dividend matches the amount paid in the second quarter of 2026 and marks a 3.0% increase compared to the third quarter of 2025. The dividend is scheduled to be paid on August 26, 2026, to shareholders who are on record by the close of business on August 7, 2026.

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.

Franklin Financial Services Corporation held its annual meeting on April 28, 2026. Shareholders elected four Class A Directors for a three-year term, approved the compensation of named executive officers on an advisory basis, and ratified the selection of Crowe LLP as the independent registered public accounting firm for 2026. All proposals submitted to a vote were passed.

Franklin Financial Services Corporation announced the promotion of Charles B. Carroll, Jr. to President of the Corporation and President and Chief Operating Officer of its subsidiary bank, effective April 28, 2026. Mr. Carroll will also join the Bank's Board of Directors. Current CEO Craig W. Best will retain his CEO role and board positions, ensuring leadership continuity. In connection with his promotion, Mr. Carroll will receive $60,000 in restricted stock and an increase in his annual performance-based restricted stock grant percentage.

Franklin Financial Services Corporation reported strong first-quarter 2026 results, with net income rising to $6.6 million, a significant 69.2% increase compared to the first quarter of 2025. Diluted earnings per share also saw a substantial jump to $1.48 from $0.88 in the prior year's quarter. The company also saw growth in its Wealth Management segment, with fees increasing by 4.1% to $2.3 million, and total assets expanding by 2.6% to $2.298 billion.

Franklin Financial Services Corporation's Board of Directors declared a regular cash dividend of $0.34 per share for the second quarter of 2026. This dividend marks a 3.0% increase compared to the $0.33 per share paid in the second quarter of 2025. The cash dividend is scheduled for payment on May 27, 2026, to shareholders who are on record at the close of business on May 1, 2026.