Franklin Financial Services Corporation reported significantly stronger first quarter 2026 results. Net income for the three months ended March 31, 2026 was $6.637 million, up from $3.922 million a year earlier, with diluted earnings per share rising to $1.48 from $0.88.
Profitability ratios improved, as return on average assets reached 1.20% and return on average equity was 15.13%. Net interest margin expanded to 3.53%, while the efficiency ratio improved to 63.64%. The company declared a regular cash dividend of $0.33 per share and reported total assets of $2.298 billion and total deposits of $1.890 billion.
Franklin Financial Services Corporation declared a $0.34 per share regular cash dividend for the second quarter of 2026, slightly higher than recent payouts.
The dividend compares with $0.33 per share in both the first quarter of 2026 and the second quarter of 2025, a 3.0% increase over the same quarter in 2025. It will be paid on May 27, 2026 to shareholders of record at the close of business on May 1, 2026.
Snook Gregory I reported acquisition or exercise transactions in this Form 4 filing.
Franklin Financial Services Corp. director Gregory I. Snook received an award of 128 shares of common stock at an indicated value of $50.56 per share. The shares were issued in lieu of cash for part of his director fees and are held directly.
Following this compensation-related grant, Snook directly owns 9,416 shares of Franklin Financial common stock, a figure that includes previously reported unvested restricted stock units.
Kerlin Stanley J reported acquisition or exercise transactions in this Form 4 filing.
Franklin Financial Services Corp. director Stanley J. Kerlin received 155 shares of Common Stock as a stock-based fee. The shares were granted on March 30, 2026 at a stated value of $50.56 per share in lieu of cash for a portion of his director’s fees. Following this award, he directly owns 27,070 Common Stock shares, which the filing notes includes previously reported unvested restricted stock units.
Fisher Daniel J reported acquisition or exercise transactions in this Form 4 filing.
Franklin Financial Services Corp. director Daniel J. Fisher received a grant of 97 shares of common stock on March 30, 2026, valued at $50.56 per share. The shares were issued in lieu of cash for a portion of his director fees, making this a compensation-related award rather than an open-market purchase.
After this grant, Fisher directly holds 30,240 shares of Franklin Financial common stock, which includes previously reported unvested restricted stock units. This filing shows a small, routine increase in his equity-based compensation and overall ownership stake.
Franklin Financial Services Corp. director Elliott G. Warren received 48 shares of Common Stock as a stock award. The shares were granted at a price of $50.56 per share in lieu of a portion of his director fees, making this a compensation-related acquisition rather than an open-market purchase.
After the award, Warren directly owns 18,013 shares of Common Stock. The filing also notes 334 shares held indirectly by his adult child living in his home, for which he disclaims beneficial ownership except for any pecuniary interest. The position includes previously reported unvested restricted stock units.
Duffey Gregory A reported acquisition or exercise transactions in this Form 4 filing.
Franklin Financial Services Corp. director Gregory A. Duffey received an award of 63 shares of Common Stock. The shares were granted in lieu of cash for a portion of his director’s fees, at a reported value of $50.56 per share. After this equity grant, his directly held position totals 23,705 shares, which includes previously reported unvested restricted stock units.
Craig Kevin W reported acquisition or exercise transactions in this Form 4 filing.
Franklin Financial Services Corp. director Kevin W. Craig received 214 shares of common stock as a grant in lieu of cash for a portion of his director fees. The shares were valued at $50.56 each on the grant date. Following this compensation-related award, he directly holds 27,594 shares of the company’s common stock, a figure that includes previously reported unvested restricted stock units.
Franklin Financial Services Corp reported an amendment to a Schedule 13G/A showing The Vanguard Group disaggregated certain subsidiaries and now reports 0 shares of Common Stock, representing 0% ownership. The amendment states the internal realignment occurred on January 12, 2026 and that affected subsidiaries will report separately in reliance on SEC Release No. 34-39538. The filing is signed by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026.
Franklin Financial Services Corporation is holding a virtual-only annual shareholder meeting on April 28, 2026. Shareholders will vote on electing four Class A directors for three-year terms, a non-binding say-on-pay resolution on 2025 executive compensation, and ratifying Crowe LLP as independent auditor for 2026.
The proxy describes a 10-member board with a majority of independent directors and detailed committee structure, including audit, compensation, and nominating/governance committees. As of March 9, 2026, 4,491,928 common shares were outstanding, with Vanguard and BlackRock each holding just over 5% and directors and executives as a group holding 265,922 shares.