Franklin Financial Services Corporation is the holding company for Farmers and Merchants Trust Company. The Bank is a commercial bank and trust company that operates in Franklin and Cumberland counties, Pennsylvania. Farmers and Merchants provides general commercial, retail banking, and trust services.
Company profile
Ticker
FRAF
Exchange
Website
CEO
Timothy G. Henry
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
SERVICES CORPORATION • TRUST COMPANY • PROPERTIES CORPORATION ...
IRS number
251440803
FRAF stock data
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
23 Apr 24
8-K
Franklin Financial Reports First Quarter 2024 Results; Declares Dividend
23 Apr 24
8-K
Other Events
15 Apr 24
8-K
Investor Presentation Fourth Quarter 2023 Highlights F&M TRUST Frankling Financial Services Corporation
27 Mar 24
DEF 14A
Definitive proxy
19 Mar 24
10-K/A
2023 FY
Annual report (amended)
12 Mar 24
10-K
2023 FY
Annual report
11 Mar 24
8-K
Franklin Financial Reports 2023 Q4 and Full Year 2023 Results; Declares Dividend
30 Jan 24
8-K
Regulation FD Disclosure
23 Jan 24
8-K
Other Events
19 Jan 24
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 73.95 mm | 73.95 mm | 73.95 mm | 73.95 mm | 73.95 mm | 73.95 mm |
Cash burn (monthly) | (no burn) | 11.35 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 78.21 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | -4.25 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | -0.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
23.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 28 |
Opened positions | 2 |
Closed positions | 4 |
Increased positions | 9 |
Reduced positions | 10 |
13F shares | Current |
---|---|
Total value | 28.91 bn |
Total shares | 1.02 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 298.81 k | $8.52 bn |
Fourthstone | 286.98 k | $8.18 bn |
Bridgeway Capital Management | 54.20 k | $1.54 bn |
BLK Blackrock | 49.35 k | $1.41 bn |
Logan Capital Management | 40.55 k | $1.16 bn |
Geode Capital Management | 36.94 k | $1.05 bn |
Dimensional Fund Advisors | 35.32 k | $1.01 bn |
RBF Capital | 30.00 k | $855.00 mm |
Greenwich Investment Management | 28.99 k | $826.00 mm |
Cutler Capital Management | 25.12 k | $715.94 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 Mar 24 | Kevin W Craig | Common Stock | Grant | Acquire A | No | No | 26.2 | 400 | 10.48 k | 20,965 |
25 Mar 24 | Gregory A Duffey | Common Stock | Grant | Acquire A | No | No | 26.2 | 181 | 4.74 k | 15,964 |
25 Mar 24 | G Warren Elliott | Common Stock | Grant | Acquire A | No | No | 26.2 | 90 | 2.36 k | 15,256 |
25 Mar 24 | Daniel J Fisher | Common Stock | Grant | Acquire A | No | No | 26.2 | 400 | 10.48 k | 26,938 |
21 Mar 24 | Martin R Brown | Common Stock | Grant | Acquire A | No | No | 0 | 500 | 0.00 | 7,888 |
21 Mar 24 | Kevin W Craig | Common Stock | Grant | Acquire A | No | No | 0 | 300 | 0.00 | 20,565 |
21 Mar 24 | Gregory A Duffey | Common Stock | Grant | Acquire A | No | No | 0 | 500 | 0.00 | 15,783 |
21 Mar 24 | G Warren Elliott | Common Stock | Grant | Acquire A | No | No | 0 | 1,000 | 0.00 | 15,166 |
21 Mar 24 | Daniel J Fisher | Common Stock | Grant | Acquire A | No | No | 0 | 500 | 0.00 | 26,538 |