Franklin Financial Services First Quarter 2024 Earnings: EPS: US$0.77 (vs US$0.75 in 1Q 2023)

Franklin Financial Services (NASDAQ:FRAF) First Quarter 2024 Results

Key Financial Results

• Revenue: US$17.3m (up 11% from 1Q 2023).
• Net income: US$3.36m (up 2.1% from 1Q 2023).
• Profit margin: 19% (down from 21% in 1Q 2023). The decrease in margin was driven by higher expenses.
• EPS: US$0.77 (up from US$0.75 in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Franklin Financial Services shares are up 8.3% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Franklin Financial Services' balance sheet.

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