Franklin Financial Services Corporation declared a $0.34-per-share regular cash dividend for the fourth quarter of 2026 on October 15, 2026. The dividend matches the third-quarter 2026 payment of $0.34 per share and is 3.0% higher than the $0.33 per share declared for the fourth quarter of 2025. Payment is scheduled for November 25, 2026, to shareholders of record at the close of business on November 6, 2026.
Franklin Financial Services Corp director Gregory I. Snook acquired 103 common shares on September 28, 2026, with a reported price of $62.65 per share. He received the shares in lieu of cash for a portion of his director’s fees. His reported direct holdings after the transaction were 9,657 shares, including 18 shares acquired through the issuer’s 2010 Dividend Reinvestment and Stock Purchase Plan and previously reported unvested restricted stock units.
Franklin Financial Services Corp. (FRAF) director Stanley J. Kerlin acquired 125 shares of common stock on September 28, 2026, in lieu of cash for a portion of his director's fees. The reported price was $62.65 per share. His reported direct position after the transaction was 27,451 shares, including previously reported unvested restricted stock units.
Franklin Financial Services Corp. director Daniel J. Fisher received 78 shares of common stock on September 28, 2026, in lieu of cash for a portion of his director’s fees; the reported transaction price was $62.65 per share. His resulting direct position was 30,396 shares, including previously reported unvested restricted stock units.
Franklin Financial Services Corp. director G. Warren Elliott acquired 39 common shares on September 28, 2026, in lieu of cash for a portion of his director's fees; the reported price was $62.65 per share. His reported direct holdings afterward were 18,286 shares, including previously reported unvested restricted stock units. A separate 338-share position was held by his adult child living in his home; Elliott disclaimed beneficial ownership except to the extent of his pecuniary interest.
Franklin Financial Services Corp (FRAF) director Gregory A. Duffey acquired 51 common shares on September 28, 2026, in lieu of cash for a portion of his director's fees. The transaction reported a per-share amount of $62.65. His direct holdings following the transaction were 24,079 shares.
Franklin Financial Services Corp director Kevin W. Craig acquired 172 shares of common stock on September 28, 2026, at $62.65 per share, receiving them in lieu of cash for a portion of his director fees. His reported direct holdings after the transaction were 27,939 shares. That total includes 2 shares acquired under the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan and previously reported unvested restricted stock units.
FRANKLIN FINANCIAL SERVICES CORP (FRAF) director Gregory A. Duffey purchased common stock in the company. On 2026-08-26, he bought 16 shares of FRAF common stock in an open-market or private transaction at $62.08 per share. Following this transaction, he beneficially owns 24,028 shares directly, which includes 101 shares acquired through the issuer's 2010 Dividend Reinvestment and Stock Purchase Plan and previously reported unvested restricted stock units.
FRANKLIN FINANCIAL SERVICES CORP (FRAF) amended the employment agreement of Charles B. Carroll, President of the company and President and Chief Operating Officer of its bank subsidiary. The amended agreement provides a three-year term beginning August 17, 2026, with automatic one-year extensions unless either party gives at least 180 days’ notice; if notice is given, the agreement expires two years after the next anniversary date.
The amendment defines “Agreed Compensation” as the sum of Carroll’s highest annual base salary and the average of his cash bonuses for the three calendar years before termination. Following a Change in Control, if Carroll resigns for Good Reason or is involuntarily terminated without Cause, he may receive a lump-sum payment up to 2.99 times Agreed Compensation, plus up to two years of continued or reimbursed life, disability, medical and other health and welfare benefits. The bank will obtain an independent appraisal of non-solicitation and non-competition covenants for Section 280G parachute payment calculations, and Carroll is eligible for a limited gross-up to cover certain excise taxes.
Franklin Financial Services Corporation reported higher profitability for the three and six months ended June 30, 2026. Six‑month net income rose to $13.2 million from $9.8 million, with diluted EPS increasing to $2.94 from $2.20. Net interest income for the six months increased to $37.9 million from $32.8 million as interest expense declined, while provisions for credit losses also increased.
Total assets were $2.34 billion at June 30, 2026, up from $2.24 billion at year‑end 2025, driven mainly by loan growth to $1.61 billion and higher interest‑earning deposits with other banks. Total deposits grew to $1.92 billion, and shareholders’ equity rose to $183.8 million. The available‑for‑sale securities portfolio had a fair value of $452.3 million with $29.4 million in unrealized losses, contributing to accumulated other comprehensive loss of $23.5 million, slightly worse than year‑end. The allowance for credit losses on loans increased to $21.9 million, reflecting credit risk provisioning alongside balance‑sheet growth.