EL7.AI
StocksMedium•27 October 2026•
2 min read

Franklin Financial’s Third-Quarter Earnings Unconfirmed; Latest Results Date to June

Key Facts

1Second-quarter net income was $6.6 million, or $1.47 per diluted share, up 11.9% year over year.
2The company reported first-half net income of $13.2 million and diluted earnings of $2.94 per share, with net income up 34.8% year over year.
3Nonperforming loans rose to $17.7 million on June 30, from $8.5 million at the end of 2025.
4Second-quarter net interest income was $19.3 million, up 12.2% year over year.

Franklin Financial Services Corporation’s third-quarter 2026 results have not been confirmed, despite circulation of a draft claiming earnings per share beat expectations. The company’s latest available official release, from the banking parent of F&M Trust, which is listed on Nasdaq under the symbol FRAF, covers the second quarter ended June 30, 2026. The October 27 date cited by MarketBeat was an estimate for when results would be announced, not a published earnings release. Confirmed results show second-quarter net income of $6.6 million, or $1.47 per diluted share.

Second-quarter net income rose from $5.9 million, or $1.32 per diluted share, in the same period of 2025, an 11.9% year-over-year increase. For the first half, the company reported net income of $13.2 million and diluted earnings of $2.94 per share. The comparison for the first six months of 2025 was $9.8 million and $2.20 per diluted share, lifting year-over-year net income growth to 34.8%. These figures put first-half performance in year-over-year context, without confirming a third-quarter result or a surprise against market estimates.

Net interest income was $19.3 million in the second quarter, compared with $17.2 million a year earlier, an increase of 12.2%. The company said the improvement was driven mainly by lower interest expense. The item represents a key source of the period’s income growth, while the available release provides no detail linking third-quarter performance to these factors. The company’s assets rose to $2.335 billion on June 30, up 4.3% from $2.239 billion on December 31, 2025. The asset figures reflect balance-sheet growth since the end of last year, alongside improved interest income in the quarter.

By contrast, nonperforming loans rose to $17.7 million on June 30, from $8.5 million at the end of 2025. The company attributed the $9.2 million increase to the addition of an $8.8 million commercial real estate loan to nonaccrual loans during the second quarter. The quarterly report also said an $8.6 million nonaccrual loan defaulted on August 2 under a deferral agreement with the bank. As of the report’s filing date, the borrower remained within the cure period. These credit developments are part of the latest official background available on the company and do not constitute a disclosure of third-quarter results.