Franklin Financial Services Corp. (OTCMKTS:FRAF) Announces Earnings Results

Franklin Financial Services Corp. (OTCMKTS:FRAF) announced its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.70 earnings per share for the quarter, Bloomberg Earnings reports. Franklin Financial Services Corp. had a return on equity of 9.25% and a net margin of 21.83%. The business had revenue of $12.41 million for the quarter.

Shares of Franklin Financial Services Corp. (FRAF) opened at $37.15 on Friday. Franklin Financial Services Corp. has a fifty-two week low of $24.50 and a fifty-two week high of $38.50. The company has a market capitalization of $161.52, a P/E ratio of 14.46 and a beta of 0.35.

Separately, ValuEngine upgraded Franklin Financial Services Corp. from a “hold” rating to a “buy” rating in a research report on Thursday, September 28th.

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About Franklin Financial Services Corp.

Franklin Financial Services Corporation is a bank holding company. The Company conducts its business through its banking subsidiary, Farmers and Merchants Trust Company of Chambersburg (the Bank). The Bank is a Pennsylvania-chartered commercial bank and trust company. It operates over 20 community banking offices in Franklin, Cumberland, Fulton and Huntingdon counties in Pennsylvania.

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