earnings
confidence high
sentiment neutral
materiality 0.65
Franklin Financial Q3 net income $4.2M ($0.95 EPS), up 9.3% YoY; dividend $0.32; expects $3.4M after-tax loss in Q4
FRANKLIN FINANCIAL SERVICES CORP /PA/
2024-Q3 EPS reported
$2.41
- Q3 2024 net income $4.2M ($0.95 diluted EPS) vs $3.9M ($0.88) in Q3 2023, up 9.3%.
- Total assets $2.151B (+17.2% YTD); net loans $1.348B (+8.7%); deposits $1.723B (+12.1%).
- Net interest margin 2.97% in Q3, down from 3.29% a year ago; ROA YTD 0.69% vs 0.78%.
- Board declared $0.32 regular quarterly dividend, payable Nov 27 to holders of record Nov 1.
- Subsequent to quarter end, sold $46.7M low-yield securities; expects $3.4M after-tax loss in Q4 2024.