Franklin Financial Services Corporation (FRAF) Declares $0.32 Quarterly Dividend; 3.9% Yield

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Franklin Financial Reports 2021 Q3 Earnings; Declares Dividend

October 26, 2021 4:30 PM EDT

CHAMBERSBURG, Pa., Oct. 26, 2021 /PRNewswire/ -- Franklin Financial Services Corporation (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $5.9 million ($1.31 per diluted share) for the third quarter ended September 30, 2021, compared to $3.5 million ($0.79 per diluted share) for the third quarter ended September 30, 2020, and $5.3 million ($1.19 per diluted share) for the second quarter of 2021. Year-to-date 2021 net income was $16.0 million ($3.60 per diluted share) compared to $8.2 million ($1.89 per diluted share) for the same nine-month period in 2020. Net income for both the third quarter of 2021 and the... More