FRAF · CIK 0000723646 · operating
Franklin Financial Services Corporation is the holding company for Farmers and Merchants Trust Company of Chambersburg, a regional bank operating in Pennsylvania since 1906. The company provides commercial and retail banking services alongside trust and investment offerings to businesses, individuals, and government entities throughout its market.
The banking division generates revenue through lending activities, including commercial real estate, construction and land development, commercial and industrial, and residential mortgage loans. The company also originates consumer loans in the form of unsecured personal lines of credit and installment loans, as well as secured and unsecured commercial financing for accounts receivable, inventory, and equipment. Deposit products comprise demand deposits, savings accounts, money management accounts, time deposits, and certificates of deposit.
The trust and investment services segment offers estate planning and administration, corporate and personal trust management, pension and profit-sharing plan administration, and custodial services. The company also distributes mutual funds, annuities, and insurance products through this division. Additional revenue derives from safe deposit services and fiduciary activities. Franklin Financial Services maintains a small presence in non-bank venture capital investments. With headquarters in Chambersburg, Pennsylvania, the company operates as a regional institution with approximately $2 billion in assets.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $2.51 | $2.52 | -19.0% | |
| 2023 | $3.10 | $3.11 | -7.7% | |
| 2022 | $3.36 | $3.38 | -24.0% | |
| 2021 | $4.42 | $4.44 | +50.9% | |
| 2020 | $2.93 | $2.94 | -20.2% | |
| 2019 | $3.67 | $3.68 | +326.7% | |
| 2018 | $0.86 | $0.86 | +151.5% | |
| 2017 | $-1.67 | $-1.67 | -517.5% | |
| 2016 | $0.40 | $0.40 | -24.5% | |
| 2015 | $0.53 | $0.53 | +20.5% | |
| 2014 | $0.44 | $0.44 | +63.0% | |
| 2013 | $0.27 | $0.27 | +237.5% | |
| 2012 | $0.08 | $0.08 | -95.2% | |
| 2011 | $1.66 | $1.66 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2024-12-31 | 2025-03-14 | 0000723646-25-000020 | SEC ↗ |
| 2023-12-31 | 2024-03-11 | 0000723646-24-000016 | SEC ↗ |
| 2022-12-31 | 2023-03-10 | 0000723646-23-000018 | SEC ↗ |
| 2021-12-31 | 2022-03-10 | 0000723646-22-000016 | SEC ↗ |
| 2020-12-31 | 2021-03-11 | 0000723646-21-000016 | SEC ↗ |
| 2019-12-31 | 2020-03-13 | 0000723646-20-000017 | SEC ↗ |
| 2018-12-31 | 2019-03-18 | 0000723646-19-000017 | SEC ↗ |