FRAF · Franklin Financial Services Corporation

Franklin Financial Services Corporation released its Q1 2026 investor presentation via Item 7.01, showcasing strong quarterly performance with net income of $6.6 million, a 10% increase from Q4 2025's $6.0 million and 69% from Q1 2025's $3.9 million, driven by expanded net interest margin to 3.53% from 3.40% and 3.05% respectively. Diluted EPS rose to $1.48, supported by robust ROA at 1.20% and ROE at 15.13%, indicating efficient asset utilization and equity returns amid a stable deposit franchise with 34% market share in Franklin County. Balance sheet growth featured total loans at $1.57 billion and deposits at $1.89 billion, with cost of deposits at 1.52% reflecting low-cost funding advantages. Asset quality remained solid with nonperforming assets at 0.37% of total assets and allowance for credit losses at 1.32% of loans. Wealth management AUM stood at $1.4 billion, bolstering non-interest income diversification. Capital position strengthened with Tier 1 common equity ratio at 11.81% and tangible book value per share at $37.78. The presentation underscores improving profitability through higher yields on earning assets at 5.28%, while maintaining dividend continuity at $0.33 per share. Forward-looking statements note risks from economic conditions and interest rates, with no specific guidance provided.