Franklin Financial Network (FSB) Tops Q3 EPS by 2c
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Franklin Financial Network Announces Third Quarter Earnings Of $0.70 Per Diluted Share And ROAA Of 1.01%
October 24, 2018 4:23 PM EDTFRANKLIN, Tenn., Oct. 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 quarter ended September 30, 2018. For the quarter, net income available to common shareholders was $10.5 million, up 18.7% from $8.9 million for the third quarter of 2017. Earnings per diluted share increased 7.7% to $0.70 for the third quarter of 2018 from $0.65 for the third quarter last year. Results for third quarter of 2018 include:
Return on average assets of 1.01% and return on average equity of 11.91%; Net... More