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
1 Dec 23
S-3/A
Shelf registration (amended)
29 Nov 23
S-3
Shelf registration
17 Nov 23
8-K
Investor Presentation Third Quarter 2023 Highlights F&M TRUST Franklin Financial Services Corporation
17 Nov 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
8-K
Franklin Financial Reports 2023 Q3 and Year-to-Date Results; Declares Dividend
24 Oct 23
8-K
Other Events
20 Oct 23
8-K
Investor Presentation Second Quarter 2023 Highlights F&M TRUST Franklin Financial Services Corporation
17 Aug 23
10-Q
2023 Q2
Quarterly report
10 Aug 23
8-K/A
Submission of Matters to a Vote of Security Holders
31 Jul 23
Latest ownership filings
Financial summary
| Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
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| 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 | 24.52 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 49.43 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 4.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
23.3% 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 Sep 23 | Kevin W Craig | Common Stock | Grant | Acquire A | No | No | 28.24 | 353 | 9.97 k | 19,569 |
| 25 Sep 23 | Gregory A Duffey | Common Stock | Grant | Acquire A | No | No | 28.24 | 159 | 4.49 k | 14,931 |
| 25 Sep 23 | G Warren Elliott | Common Stock | Grant | Acquire A | No | No | 28.24 | 79 | 2.23 k | 13,806 |
| 25 Sep 23 | Daniel J Fisher | Common Stock | Grant | Acquire A | No | No | 28.24 | 353 | 9.97 k | 25,178 |
| 25 Sep 23 | Allan E Jennings JR | Common Stock | Grant | Acquire A | No | No | 28.24 | 176 | 4.97 k | 23,947 |