Core Viewpoint - Franklin Financial Services Corporation (FRAF) has shown resilience in its stock performance despite a recent decline, reflecting renewed investor confidence driven by solid quarterly results [1] Earnings & Revenue Performance - The company reported a first-quarter 2025 net income of $3.9 million, or 88 cents per diluted share, a 16.7% increase from $3.4 million, or 77 cents per share, in the first quarter of 2024 [2] - Total revenue increased, with net interest income rising 15.2% to $15.6 million from $13.6 million year-over-year, and non-interest income improving 8.9% to $4.6 million, primarily due to higher wealth management fees [3] Balance Sheet Expansion - Total assets grew 12.2% year-over-year to $2.26 billion as of March 31, 2025, with net loans increasing 14% to $1.44 billion, driven by commercial real estate loans [4] - Deposit balances expanded 19.8% year-over-year to $1.87 billion, with significant growth in money management and non-interest-bearing checking accounts [5] Management Commentary - Outgoing CEO Tim Henry attributed the improved performance to previous groundwork, including infrastructure development and disciplined balance sheet management [6] - Henry expressed satisfaction with the strong first-quarter results and emphasized ongoing efforts to enhance efficiency and profitability [7] Performance Drivers - Loan growth of $57.3 million from the end of 2024 necessitated a provision for credit losses of $779,000, reflecting a cautious lending posture consistent with rising loan balances [8] - The yield on interest-earning assets improved to 5.25% from 5.03%, while the cost of interest-bearing liabilities increased to 2.64%, compressing spreads [8] Expense Management - Non-interest expenses rose 9.7% year-over-year to $14.6 million due to higher salaries, data processing, and FDIC insurance costs, but the bank's efficiency remains manageable relative to income generation [9] Dividend and Shareholder Value - The company declared a dividend of 33 cents per share for the second quarter, a 3.1% increase from the first quarter, indicating management's confidence in sustained earnings [10] - An open market repurchase plan for up to 150,000 shares was authorized, reflecting management's intent to enhance shareholder value [12] Future Outlook - With a stable capital base, a growing asset portfolio, and a disciplined expense structure, Franklin Financial is well-positioned for continued growth under new leadership [13]

Exhibit 99.1 April 29, 2025 Franklin Financial Reports First Quarter 2025 Results; Declares Dividend (CHAMBERSBURG, PA) Franklin Financial Services Corporation (the Corporation) (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank) headquartered in Chambersburg, PA, reported its first quarter 2025 financial results. A summary of notable operating results as of or for the quarter ended March 31, 2025 follows: Balance Sheet Highlights Total assets at March 31, 2025 were $2.257 billion, up 2.7% from ...

Zacks Investment Research has recently initiated the coverage of Franklin Financial Services Corporation (FRAF) with an “Outperform” recommendation, highlighting the bank’s solid growth trajectory, resilient balance sheet and attractive shareholder return profile. Our new report delves into the fundamentals driving this Pennsylvania-based community bank’s potential in an evolving financial landscape.Franklin Financial, the parent company of F&M Trust, is making waves with its impressive loan growth of 11.2% ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________ to___________ Commission file number 001-38884 FRANKLIN FINANCIAL SERVICES CORPORATION (Exact name of registrant as specified in its charter) Pennsylvania 25-1440803 ( ...

CHAMBERSBURG, Pa., Jan. 28, 2025 /PRNewswire/ -- Franklin Financial Services Corporation (the Corporation) (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank) headquartered in Chambersburg, PA, reported its fourth quarter 2024 and year-to-date 2024 results. A summary of operating results follows: Net income for the fourth quarter of 2024 was $487 thousand ($0.11 per diluted share) compared to $4.2 million ($0.95 per diluted share) for the third quarter of 2024 (a decrease of 88.5%), and $3.5 m ...

Exhibit 99.1 January 28, 2025 Income Statement Highlights · Net interest income was $15.1 million for the fourth quarter of 2024 compared to $14.7 million for the third quarter of 2024 and $13.9 million for the fourth quarter of 2023. Year-to-date, net interest income for 2024 increased 7.2% from 2023 to $57.5 million. The net interest margin (NIM) was 2.92% for the fourth quarter of 2024 down from 2.97% in the prior · Debt securities available for sale increased $36.1 million (7.6%) due to purchases made d ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________ to___________ Commission file number 001-38884 Pennsylvania 25-1440803 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Iden ...

CHAMBERSBURG, Pa., Oct. 22, 2024 /PRNewswire/ -- Franklin Financial Services Corporation (the Corporation) (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank) headquartered in Chambersburg, PA, reported its third quarter 2024 and year-to-date 2024 results. A summary of operating results follows: Net income for the third quarter of 2024 was $4.2 million ($0.95 per diluted share) compared to $3.0 million ($0.66 per diluted share) for the second quarter of 2024 (an increase of 39.1%), and $3.9 mil ...

Exhibit 99.1 October 22, 2024 Franklin Financial Reports 2024 Q3 and Year-to-Date Results; Declares Dividend (CHAMBERSBURG, PA)Franklin Financial Services Corporation (the Corporation) (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank) headquartered in Chambersburg, PA, reported its third quarter 2024 and year-to-date 2024 results. A summary of operating results follows: · Net income for the third quarter of 2024 was $4.2 million ($0.95 per diluted share) compared to $3.0 million ($0.66 per di ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________ to___________ Commission file number 001-38884 Pennsylvania 25-1440803 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identific ...