Franklin Financial Network (FSB) Reports In-Line Q2 EPS

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Franklin Financial Network Reports Double-Digit Annualized Growth in Loans and Deposits in Second Quarter 2015

July 28, 2015 4:01 PM EDT

FRANKLIN, Tenn., July 28, 2015 /PRNewswire/ -- Franklin Financial Network, Inc., (NYSE: FSB) the parent company of Franklin Synergy Bank (the "Bank"), today reported consolidated net income of $3.1 million for the second quarter of 2015, a 54.0% increase compared to $2.0 million for the second quarter of 2014. Basic earnings per common share for the quarter ending June 30, 2015 totaled $0.30, a 26.8% decrease compared to $0.41 for the same period in 2014.

For the six months ended June 30, 2015, consolidated net income was $6.3 million, an increase of 75.8% over $3.6 million for... More