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Franklin Financial Services (FRAF) - 2024 Q1 - Quarterly Results
Franklin Financial Services Franklin Financial Services (US:FRAF)2024-04-23 12:45

Exhibit 99.1 April 23, 2024 Balance Sheet Highlights Total assets at March 31, 2024 were $2.011 billion, up 9.5% from $1.836 billion at December 31, 2023. Changes in the balance sheet from December 31, 2023 to March 31, 2024 include: · Net income for the first quarter of 2024 was $3.4 million compared to $3.5 million for the fourth quarter of 2023 (a decrease of 3.2%) and $3.3 million for the first quarter of 2023 (an increase of 2.1%). Diluted earnings per share were $0.77, $0.79, and $0.75, for the respec ...