Franklin Financial Network (FSB) Reports Q4 EPS of 17c

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Franklin Financial Network Announces Financial Results For The Fourth Quarter Of 2017

January 24, 2018 4:15 PM EST

FRANKLIN, Tenn., Jan. 24, 2018 /PRNewswire/ -- Franklin Financial Network, Inc. (NYSE: FSB), the parent company (the "Company") of Franklin Synergy Bank (the "Bank"), today announced financial results for the fourth quarter and year ended December 31, 2017.  For the fourth quarter, net income available for common shareholders was $2.4 million, or $0.17 per diluted share, compared with $7.2 million, or $0.58 per diluted share, for the fourth quarter of 2016.  As previously reported, results for the fourth quarter of 2017 included a non-cash income tax charge of $5.3 million, or $0.38 per diluted share, related to a write-down of its deferred tax... More