Franklin Financial Network (FSB) Misses Q4 EPS by 1c

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Franklin Financial Network Reports 2018 Fourth Quarter and Year-End Results

January 23, 2019 5:09 PM EST

FRANKLIN, Tenn., Jan. 23, 2019 /PRNewswire/ -- Franklin Financial Network, Inc. (the "Company") (NYSE: FSB), parent company of Franklin Synergy Bank, reported net income of $3.7 million, or $0.25 per diluted common share for the fourth quarter of 2018, compared to $0.17 per diluted common share for the fourth quarter of 2017. When adjusted for one-time, non-core items, core net income was $9.2 million, or $0.61 per diluted common share, which represents an 8.9% increase in core diluted earnings per common share from the fourth quarter of 2017.

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