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
Sector
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
12 May 23
10-Q
2023 Q1
Quarterly report
12 May 23
8-K
Submission of Matters to a Vote of Security Holders
28 Apr 23
8-K
Regulation FD Disclosure
25 Apr 23
8-K
Franklin Financial Reports 2023 Q1 Earnings; Declares Dividend
25 Apr 23
8-K
Other Events
17 Apr 23
DEF 14A
Definitive proxy
21 Mar 23
10-K
2022 FY
Annual report
10 Mar 23
8-K
Investor Presentation Fourth Quarter 2022 Highlights F&M TRUST Franklin Financial Services Corporation
31 Jan 23
8-K
Franklin Financial Reports 2022 Q4 and End of the Year Results; Declares Dividend
24 Jan 23
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Revenue | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| 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) | 86.56 mm | 86.56 mm | 86.56 mm | 86.56 mm | 86.56 mm | 86.56 mm |
| Cash burn (monthly) | (no burn) | 7.26 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 14.80 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 71.76 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 9.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
21.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 33 |
| Opened positions | 1 |
| Closed positions | 1 |
| Increased positions | 10 |
| Reduced positions | 9 |
| 13F shares | Current |
|---|---|
| Total value | 24.73 bn |
| Total shares | 918.45 k |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Fourthstone | 313.11 k | $11.30 bn |
| Banc Funds | 84.80 k | $3.06 mm |
| Vanguard | 57.10 k | $2.06 bn |
| Bridgeway Capital Management | 52.70 k | $1.90 bn |
| Logan Capital Management | 40.55 k | $1.46 bn |
| Geode Capital Management | 38.82 k | $1.40 mm |
| Greenwich Investment Management | 38.02 k | $1.37 mm |
| BLK Blackrock | 36.82 k | $1.33 bn |
| Cutler Capital Management | 33.28 k | $1.20 bn |
| RBF Capital | 30.00 k | $1.08 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 24 May 23 | Mark R Hollar | Common Stock | Buy | Acquire P | No | No | 25.24 | 104 | 2.62 k | 9,556 |
| 17 May 23 | Karen K Carmack | Common Stock | Buy | Acquire P | No | No | 25 | 1 | 25.00 | 2,485 |
| 17 May 23 | G Warren Elliott | Common Stock | Buy | Acquire P | No | No | 25 | 500 | 12.50 k | 13,353 |
| 17 May 23 | Mark R Hollar | Common Stock | Buy | Acquire P | No | No | 25 | 254 | 6.35 k | 9,452 |
| 17 May 23 | Gregory A Duffey | Common Stock | Buy | Acquire P | No | No | 25 | 1,500 | 37.50 k | 14,310 |