Franklin Financial Network (FSB) Misses Q1 EPS by 68c

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Franklin Financial Network Reports First Quarter 2020 Results

April 27, 2020 4:19 PM EDT

Loans Increase 6.2% and Core Deposits Increase 85.4% Annualized

Company Initiates COVID-19 Response, Benefiting Customers, Employees and Communities

Strategic Merger with FB Financial Corporation Scheduled to Close in Third Quarter 2020

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Franklin Financial Network, Inc. (the "Company") (NYSE: FSB), parent company of Franklin Synergy Bank (the "Bank"), reports a net loss of $1.1 million, or a loss of $0.08 per diluted common share, for the quarter-ended March 31, 2020, compared to a net loss of $4.6 million, or a loss of... More