Franklin Financial Services Corp. (NASDAQ:FRAF) Declares Quarterly Dividend of $0.34

Key Points

• Franklin Financial Services declared a quarterly dividend of $0.34 per share, payable November 25 to shareholders of record November 6. The dividend annualizes to $1.36 per share, a 1.9% yield.
• The company reported quarterly EPS of $1.89, beating analyst estimates of $1.45, while revenue of $25.63 million also exceeded expectations of $24.90 million.
• Franklin Financial Services shares were reported down 2.4%; the stock opened at $70.68, near its 12-month high of $73.68.

Franklin Financial Services Corp. (NASDAQ:FRAF - Get Free Report) declared a quarterly dividend on Thursday, October 15th. Investors of record on Friday, November 6th will be paid a dividend of $0.34 per share on Wednesday, November 25th. This represents a $1.36 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Friday, November 6th.

Franklin Financial Services Stock Down 2.4%

FRAF stock opened at $70.68 on Wednesday. The company has a market cap of $318.06 million, a price-to-earnings ratio of 11.42 and a beta of -0.04. Franklin Financial Services has a twelve month low of $45.15 and a twelve month high of $73.68. The business has a 50 day moving average price of $63.75 and a two-hundred day moving average price of $58.29. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.09.

Franklin Financial Services (NASDAQ:FRAF - Get Free Report) last announced its quarterly earnings data on Tuesday, October 27th. The company reported $1.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.45 by $0.44. The company had revenue of $25.63 million for the quarter, compared to analysts' expectations of $24.90 million. Franklin Financial Services had a return on equity of 15.52% and a net margin of 20.43%.

Franklin Financial Services Company Profile

Franklin Financial Services Corporation is a bank holding company headquartered in Chambersburg, Pennsylvania. Its principal subsidiary, F&M Trust, is a community bank that serves individuals, families, businesses and nonprofit organizations through banking offices and digital channels.

F&M Trust offers a range of financial products and services, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, consumer loans, commercial real estate and business loans, treasury management and online banking.

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