Franklin Financial Network (FSB) Tops Q1 EPS by 3c

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Franklin Financial Network Announces First-Quarter Earnings Per Diluted Share Of $0.58

April 26, 2017 4:15 PM EDT

FRANKLIN, Tenn., April 26, 2017 /PRNewswire/ -- Franklin Financial Network, Inc. (NYSE: FSB), the parent company (the "Company") of Franklin Synergy Bank (the "Bank"), today announced financial results for the first quarter ended March 31, 2017.

For the first quarter, net income available for common shareholders increased 27.8% to $7.9 million from $6.2 million for the first quarter of 2016. Earnings per diluted share were $0.58 for the first quarter of 2017, compared with $0.55 for the first quarter of 2016. Weighted average diluted shares outstanding increased 23.4% for the first quarter... More