Franklin Financial Network, Inc. operates as the bank holding company for Franklin Synergy Bank that provides banking and related financial services to small businesses, corporate entities, local governments, and individuals.
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has Franklin Financial Network's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FSB has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FSB matched the US Banks industry which returned 10.6% over the past year.
Return vs Market: FSB underperformed the US Market which returned 20.3% over the past year.
Price Volatility Vs. Market
How volatile is Franklin Financial Network's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StDoes Franklin Financial Network's (NYSE:FSB) Share Price Gain of 81% Match Its Business Performance?
1 month ago | Simply Wall StRead This Before Buying Franklin Financial Network, Inc. (NYSE:FSB) Shares
2 months ago | Simply Wall StIs Now The Time To Look At Buying Franklin Financial Network, Inc. (NYSE:FSB)?
Is Franklin Financial Network undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FSB ($37.6) is trading above our estimate of fair value ($35.65)
Significantly Below Fair Value: FSB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FSB is poor value based on its PE Ratio (23.7x) compared to the Banks industry average (12.6x).
PE vs Market: FSB is poor value based on its PE Ratio (23.7x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: FSB is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: FSB is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.2x).
How is Franklin Financial Network forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FSB's forecast earnings growth (25.4% per year) is above the savings rate (1.7%).
Earnings vs Market: FSB's earnings (25.4% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FSB's revenue (10.9% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: FSB's revenue (10.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FSB's Return on Equity is forecast to be low in 3 years time (9.6%).
How has Franklin Financial Network performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FSB has high quality earnings.
Growing Profit Margin: FSB's current net profit margins (21.1%) are lower than last year (28.6%).
Past Earnings Growth Analysis
Earnings Trend: FSB's earnings have grown by 19.3% per year over the past 5 years.
Accelerating Growth: FSB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FSB had negative earnings growth (-30.2%) over the past year, making it difficult to compare to the Banks industry average (12.3%).
Return on Equity
High ROE: FSB's Return on Equity (5.7%) is considered low.
Return on Assets
Return on Capital Employed
How is Franklin Financial Network's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: FSB has a low level of unsold assets or inventory.
Debt Coverage by Assets: FSB's debt is not covered by short term assets (assets are 0.9x debt).
Financial Institutions Analysis
Asset Level: FSB's level of assets compared to its equity is low.
Allowance for Bad Loans: FSB has a sufficient allowance for bad loans.
Low Risk Liabilities: FSB's liabilities are made up of primarily low risk sources of funding.
Loan Level: FSB has an acceptable proportion of non-loan assets held.
Low Risk Deposits: FSB's loans are broadly funded by customer deposits.
Level of Bad Loans: FSB has an appropriate level of bad loans (0.11%)
What is Franklin Financial Network's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: FSB's dividend (0.64%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: FSB's dividend (0.64%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stability and Growth of Payments
Stable Dividend: FSB is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: FSB is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: FSB is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FSB's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
J. Jones (68yo)
Mr. J. Myers Jones, III serves as Chief Executive Officer at Franklin Financial Network, Inc. and Franklin Synergy Bank since August 28, 2019. Mr. Jones had been an Interim Chief Executive Officer at Frank ...
CEO Compensation Analysis
Compensation vs Market: J.'s total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD1.66M).
Compensation vs Earnings: J.'s compensation has been consistent with company performance over the past year.
|Executive VP||0yrs||US$566.54k||0.20% $1.1m|
|Chief Executive Officer||0.9yrs||US$256.09k||0.25% $1.4m|
|Executive VP & CFO||1.2yrs||no data||0.14% $798.5k|
|Executive VP||0yrs||no data||0.075% $417.6k|
|Executive VP & Chief Administrative Officer||6.1yrs||no data||0.17% $943.1k|
|Executive VP & General Counsel||0.6yrs||no data||0.012% $65.6k|
|Executive VP & Financial Executive||0yrs||no data||no data|
|EVP & Chief Banking Officer||0yrs||no data||no data|
|Senior VP & Deputy Counsel||0.6yrs||no data||no data|
Experienced Management: FSB's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
|Independent Chairman||0.9yrs||US$462.90k||0.20% $1.1m|
|Lead Independent Director||0yrs||US$468.88k||0.14% $801.3k|
|Independent Director||10.6yrs||US$468.18k||0.11% $609.8k|
|Independent Director||4.8yrs||US$463.00k||0.58% $3.2m|
|Independent Director||5.6yrs||US$471.96k||0.79% $4.4m|
|Independent Director||4.5yrs||US$467.64k||0.090% $500.3k|
|Independent Director||1.8yrs||US$411.07k||0.78% $4.4m|
Experienced Board: FSB's board of directors are considered experienced (3.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.3%.
Franklin Financial Network, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Franklin Financial Network, Inc.
- Ticker: FSB
- Exchange: NYSE
- Founded: 2007
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$557.292m
- Shares outstanding: 14.82m
- Website: https://www.franklinsynergybank.com
Number of Employees
- Franklin Financial Network, Inc.
- 722 Columbia Avenue
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FSB||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Mar 2013|
Franklin Financial Network, Inc. operates as the bank holding company for Franklin Synergy Bank that provides banking and related financial services to small businesses, corporate entities, local governments, and individuals. Its deposit products include checking, savings, and certificate of deposit accounts; and demand deposits, interest-bearing transaction accounts, money market accounts, and municipal deposits. The company also provides construction and land development, commercial real estate, residential real estate, commercial and industrial, and consumer and other loans. In addition, it offers retirement planning, financial planning, and investment services, as well as insurance products; and Internet banking, remote deposit capture, lockbox, and treasury management services. The company operates through 15 branches and a loan production office in the Williamson, Rutherford, and Davidson counties in the Nashville metropolitan area. Franklin Financial Network, Inc. was founded in 2007 and is headquartered in Franklin, Tennessee.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 03:58|
|End of Day Share Price||2020/02/19 00:00|
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.