secwatch.observer — SEC 8-K summary
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Issuer:     FRANKLIN FINANCIAL SERVICES CORP /PA/ (FRAF)
CIK:        0000723646
Form:       8-K
Filed at:   2024-07-23T23:59:59+00:00
Accession:  0000723646-24-000051
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Franklin Financial Q2 EPS $0.66, down 9.8% QoQ; declares $0.32 dividend
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- Q2 2024 net income $3.0M ($0.66 diluted EPS) vs $3.4M ($0.77) in Q1 2024.
- YTD 2024 net income $6.4M ($1.43/share) vs $6.3M ($1.42) in same period 2023.
- Net loans up 4.9% to $1.301B, deposits up 3.2% to $1.586B since Dec 31, 2023.
- Board declared $0.32/share quarterly dividend, payable Aug 28 to holders of record Aug 2.
- Net interest margin 2.94% YTD vs 3.35% in 2023; ROA 0.63% vs 0.75%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723646/000072364624000051/0000723646-24-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723646/000072364624000051/fraf-20240723x8k.htm
  HTML page:      https://secwatch.observer/filing/0000723646-24-000051

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer