Franklin Financial Services
Market Cap
US$150.6m
Last Updated
2019/08/18 23:38 UTC
Data Sources
Company Financials
Executive Summary
Franklin Financial Services Corporation operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to small and medium-sized businesses, individuals, governmental entities, and non-profit organizations in Pennsylvania.
Snowflake
Fundamentals
Flawless balance sheet second-rate dividend payer.
Risks
- Franklin Financial Services is not covered by any analysts.
Similar Companies
Share Price & News
How has Franklin Financial Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-2.9%
NasdaqCM:FRAF
-2.5%
US Banks
-0.7%
US Market
1 Year Return
-0.9%
NasdaqCM:FRAF
-14.2%
US Banks
-0.5%
US Market
FRAF outperformed the Banks industry which returned -14.2% over the past year.
FRAF matched the United States of America Market (-0.4%) over the past year.
Share holder returns
| FRAF | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.9% | -2.5% | -0.7% |
| 30 Day | -4.9% | -6.1% | -3.0% |
| 90 Day | -10.4% | -3.8% | 0.9% |
| 1 Year | 2.3%-0.9% | -11.8%-14.2% | 1.7%-0.5% |
| 3 Year | 57.3%43.7% | 42.1%32.4% | 39.5%30.4% |
| 5 Year | 104.5%74.8% | 53.3%36.7% | 54.1%37.0% |
Price Volatility Vs. Market
How volatile is Franklin Financial Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Did You Miss Franklin Financial Services's (NASDAQ:FRAF) 83% Share Price Gain?1 month ago | Simply Wall St
Why Franklin Financial Services Corporation's (NASDAQ:FRAF) High P/E Ratio Isn't Necessarily A Bad Thing2 months ago | Simply Wall St
Does Franklin Financial Services Corporation (NASDAQ:FRAF) Have A Place In Your Dividend Stock Portfolio?Valuation
Is Franklin Financial Services undervalued based on future cash flows and its price relative to the stock market?
10.16x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Franklin Financial Services's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Franklin Financial Services's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Franklin Financial Services is good value based on earnings compared to the US Banks industry average.
Franklin Financial Services is good value based on earnings compared to the United States of America market.
Price Based on Expected Growth
Unable to calculate PEG ratio for Franklin Financial Services, we can't assess if its growth is good value.
Price Based on Value of Assets
Franklin Financial Services is overvalued based on assets compared to the US Banks industry average.
Next Steps
Future Growth
How is Franklin Financial Services expected to perform in the next 1 to 3 years based on estimates from 0 analysts?
1.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Unable to determine if Franklin Financial Services is high growth as no revenue estimate data is available.
Franklin Financial Services's earnings are expected to grow by 1.2% yearly, however this is not considered high growth (20% yearly).
Unable to compare Franklin Financial Services's revenue growth to the United States of America market average as no estimate data is available.
Franklin Financial Services's earnings growth is positive but not above the United States of America market average.
Franklin Financial Services's earnings growth is positive but not above the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Franklin Financial Services will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Franklin Financial Services performed over the past 5 years?
-13.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Franklin Financial Services's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
Franklin Financial Services has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
Franklin Financial Services has become profitable in the last year making it difficult to compare the US Banks industry average.
Return on Equity
Franklin Financial Services has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Franklin Financial Services used its assets more efficiently than the US Banks industry average last year based on Return on Assets.
Return on Capital Employed
Unable to establish if Franklin Financial Services improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
Next Steps
Financial Health
How is Franklin Financial Services's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Information is not available.
Information is not available.
Financial Institutions Analysis
Franklin Financial Services has an acceptable proportion of non-loan assets held.
Franklin Financial Services has a sufficient allowance for bad loans.
Franklin Financial Services's liabilities are made up of primarily low risk sources of funding.
Franklin Financial Services's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
Loans at Franklin Financial Services are broadly funded by customer deposits.
Franklin Financial Services has an acceptable level of bad loans (less than 2%).
Next Steps
Dividend
What is Franklin Financial Services's current dividend yield, its reliability and sustainability?
3.46%
Current Dividend Yield
Dividend Yield and Payments Analysis
Franklin Financial Services's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).
Franklin Financial Services's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (3.1x coverage).
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Franklin Financial Services's salary, the management and board of directors tenure and is there insider trading?
7.6yrs
Average management tenure
CEO
Tim Henry (60yo)
3.1yrs
Tenure
US$374,175
Compensation
Timothy G. Henry has extensive experience in commercial lending, loan workout, retail management, private banking, trust and investment services, operations, risk management and compliance. He started his ...
CEO Compensation Analysis
Tim's remuneration is lower than average for companies of similar size in United States of America.
Tim's compensation has increased in line with Franklin Financial Services recently becoming profitable.
Management Age and Tenure
7.6yrs
Average Tenure
57yo
Average Age
The average tenure for the Franklin Financial Services management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
11.2yrs
Average Tenure
66yo
Average Age
The average tenure for the Franklin Financial Services board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Insider Trading
More shares have been bought than sold by Franklin Financial Services individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
| Entity | Individual |
| Shares | 1 |
| Max Price | US$35.61 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$35.61 |
| Entity | Individual |
| Shares | 3 |
| Max Price | US$36.33 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$36.33 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$36.33 |
| Entity | Individual |
| Shares | 28 |
| Max Price | US$36.33 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$37.83 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$37.83 |
| Entity | Individual |
| Shares | 3 |
| Max Price | US$36.91 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$36.91 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$36.91 |
| Entity | Individual |
| Shares | 27 |
| Max Price | US$36.91 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$38.99 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$38.99 |
| Entity | Individual |
| Shares | 3 |
| Max Price | US$38.69 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$38.69 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$38.69 |
| Entity | Individual |
| Shares | 26 |
| Max Price | US$38.69 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 600 |
| Max Price | US$38.90 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$38.78 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$38.78 |
| Entity | Individual |
| Shares | 3 |
| Max Price | US$36.78 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$36.78 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$36.78 |
| Entity | Individual |
| Shares | 27 |
| Max Price | US$36.78 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$35.98 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$35.98 |
| Entity | Individual |
| Shares | 3 |
| Max Price | US$35.87 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$35.87 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$35.87 |
| Entity | Individual |
| Shares | 28 |
| Max Price | US$35.87 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$36.60 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$36.60 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$36.40 |
| Entity | Individual |
| Shares | 3 |
| Max Price | US$36.40 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$36.40 |
| Entity | Individual |
| Shares | 27 |
| Max Price | US$36.40 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$37.58 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$37.58 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP and Commercial Services Market Manager of Farmers & Merchants Trust Co. |
| Shares | 1,000 |
| Max Price | US$37.94 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 135 |
| Max Price | US$36.43 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$33.63 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$33.63 |
| Entity | Individual |
| Shares | 3 |
| Max Price | US$33.63 |
| Entity | Individual |
| Shares | 30 |
| Max Price | US$33.63 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | US$32.63 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$31.65 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$31.65 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 150 |
| Max Price | US$31.33 |
| Entity | Individual |
| Shares | 3 |
| Max Price | US$30.71 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$30.71 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$30.71 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 293 |
| Max Price | US$30.71 |
| Entity | Individual |
| Shares | 33 |
| Max Price | US$30.71 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 200 |
| Max Price | US$29.75 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 336 |
| Max Price | US$29.75 |
| Entity | Individual |
| Role | Chairman of the Board Chairman of the Board |
| Shares | 500 |
| Max Price | US$29.75 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$31.45 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$31.45 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 625 |
| Max Price | US$31.45 |
| Entity | Individual |
| Shares | 30 |
| Max Price | US$33.54 |
| Entity | Individual |
| Shares | 3 |
| Max Price | US$33.54 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$33.54 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$33.54 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 1,000 |
| Max Price | US$33.59 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$33.93 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$33.93 |
| Entity | Individual |
| Shares | 3 |
| Max Price | US$34.20 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$34.20 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$34.20 |
| Entity | Individual |
| Shares | 29 |
| Max Price | US$34.20 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$34.60 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$34.60 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$35.55 |
| Entity | Individual |
| Shares | 3 |
| Max Price | US$35.55 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$35.55 |
| Entity | Individual |
| Shares | 28 |
| Max Price | US$35.55 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$35.53 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$35.53 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co. |
| Shares | 3 |
| Max Price | US$34.78 |
| Entity | Individual |
| Shares | 1 |
| Max Price | US$34.78 |
| Entity | Individual |
| Shares | 3 |
| Max Price | US$34.78 |
| Entity | Individual |
| Shares | 28 |
| Max Price | US$34.78 |
Ownership Breakdown
Management Team
Mark Hollar (57yo)
Senior VP
- Tenure: 14.4yrs
- Compensation: US$260.39k
Ron Cekovich (62yo)
Senior VP & Chief Information & Operations Officerof Farmers & Merchants Trust Co.
- Tenure: 13.6yrs
- Compensation: US$217.44k
Lise Shehan (62yo)
Senior VP of F&M Trust and Investment & Trust Services Manager
- Tenure: 8.6yrs
- Compensation: US$183.00k
Lorie Heckman (55yo)
Senior VP of F&M Trust and Risk Management Officer of F&M Trust
- Tenure: 0.0yrs
- Compensation: US$232.27k
Tim Henry (60yo)
President
- Tenure: 3.1yrs
- Compensation: US$374.18k
Steven Butz (54yo)
Senior VP and Commercial Services Market Manager of Farmers & Merchants Trust Co.
- Tenure: 6.6yrs
- Compensation: US$220.99k
Matthew Weaver (50yo)
Senior VP and Chief Marketing Officer of Farmers & Merchants Trust Co.
- Tenure: 5.6yrs
Amanda Ducey
Corporate Secretary
- Tenure: 0.0yrs
Joyce Riley
Assistant Corporate Secretary
- Tenure: 0.0yrs
Amy Herrold
Controller
- Tenure: 0.0yrs
Board Members
G. Elliott (65yo)
Chairman of the Board
- Tenure: 7.6yrs
- Compensation: US$69.97k
Donald Fry (70yo)
Director
- Tenure: 21.6yrs
- Compensation: US$38.91k
Martha Walker (72yo)
Director
- Tenure: 40.6yrs
- Compensation: US$57.96k
Martin Brown (67yo)
Director
- Tenure: 13.3yrs
- Compensation: US$44.65k
Allan Jennings (70yo)
Director
- Tenure: 17.6yrs
- Compensation: US$46.95k
Stanley Kerlin (65yo)
Director
- Tenure: 13.3yrs
- Compensation: US$42.11k
Don Mowery (67yo)
Director
- Tenure: 9.1yrs
- Compensation: US$36.20k
Tim Henry (60yo)
President
- Tenure: 3.1yrs
- Compensation: US$374.18k
Dan Fisher (62yo)
Director
- Tenure: 9.1yrs
- Compensation: US$39.41k
Richard Jordan (46yo)
Director
- Tenure: 6.8yrs
- Compensation: US$35.66k
Company Information
Franklin Financial Services Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Franklin Financial Services Corporation
- Ticker: FRAF
- Exchange: NasdaqCM
- Founded: 1906
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$150.555m
- Shares outstanding: 4.34m
- Website: https://www.franklinfin.com
Number of Employees
Location
- Franklin Financial Services Corporation
- 20 South Main Street
- PO Box 6010
- Chambersburg
- Pennsylvania
- 17201
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FRAF | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Oct 1990 |
Biography
Franklin Financial Services Corporation operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to small an ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/18 23:38 |
| End of Day Share Price | 2019/08/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.