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Get filing alertsFranklin Financial reports Q1 2026 EPS of $1.48, up 10% sequentially on margin expansion
Filed July 24, 2026 · Period ending July 24, 2026 · ~1 min read
Key Changes
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Q1 2026 diluted EPS of $1.48, up from $1.35 in Q4 2025 and $0.88 in Q1 2025; net income $6.6M; ROA improved to 1.20% from 1.05% sequentially.
Exhibit 99.1 view on EDGAR → -
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Net interest margin expanded to 3.53% from 3.40% in Q4 2025, driven by deposit cost decline to 1.52% from 1.68% while earning asset yield held at 5.28%.
Exhibit 99.1 view on EDGAR → -
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Total loans grew to $1.57B from $1.56B sequentially; deposits increased to $1.89B from $1.84B; Tier 1 common equity ratio strengthened to 11.81% from 11.45%.
Exhibit 99.1 view on EDGAR → -
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Nonperforming assets remained low at 0.37% of total assets, down from 0.38% in Q4 2025; allowance for credit losses steady at 1.32% of total loans.
Exhibit 99.1 view on EDGAR → -
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Wealth management AUM totaled $1.4B as of March 31, 2026, with $27.5M in new AUM added year-to-date from new and existing clients.
Exhibit 99.1 view on EDGAR →
Summary
Franklin Financial reported strong Q1 2026 results with diluted EPS of $1.48, up 10% sequentially and 68% year-over-year. The earnings improvement was driven by net interest margin expansion to 3.53% from 3.40% in the prior quarter, reflecting a meaningful decline in deposit costs to 1.52% from 1.68% while earning asset yields held steady at 5.28%.
Net income of $6.6 million translated to a 1.20% return on average assets, up from 1.05% in Q4 2025. The balance sheet showed healthy growth with total loans reaching $1.57 billion and deposits climbing to $1.89 billion. Capital ratios strengthened, with the Tier 1 common equity ratio rising to 11.81% from 11.45% sequentially and tangible book value per share increasing to $37.78 from $37.10.
Asset quality remained solid with nonperforming assets at 0.37% of total assets and the allowance for credit losses steady at 1.32% of total loans. The wealth management business added $27.5 million in new AUM year-to-date, bringing total AUM to $1.4 billion. The company furnished this investor presentation for use in meetings with investors and analysts.
Section-by-Section Diff
Event · Item 7.01 — Regulation FD Disclosure
Franklin Financial furnished an investor presentation for use in meetings with investors and analysts.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
Franklin Financial Services Corporation (“the Corporation”) is furnishing this presentation which will be presented in whole or in part, from time to time, by executives of the Corporation in one or more meetings with investors and analysts. The presentation is attached as Exhibit 99.1 and is incorporated by reference. It is also available on the Corporation’s website at www.franklinfin.com.
The company furnished an investor presentation (Exhibit 99.1) that executives will use in meetings with investors and analysts. The presentation is available on the company's website. This is a routine Item 7.01 disclosure providing materials for investor communications.
Event · Exhibit 99.1
FRAF disclosed Q1 2026 earnings: $6.6M net income, $1.48 EPS, 1.20% ROA, 3.53% NIM, and $1.4B wealth management AUM.
Added in current filing · view on EDGAR →
Diluted earnings per share (EPS) $ 1.48 $ 1.35 $ 0.88 Net income (thousands) $ 6,637 $ 6,043 $ 3,922 Net interest margin1 (NIM) 3.53% 3.40% 3.05% Return on average assets (ROA) 1.20% 1.05% 0.72% Return on average equity (ROE) 15.13% 14.20% 10.80%
Franklin Financial reported Q1 2026 diluted EPS of $1.48, up from $1.35 in Q4 2025 and $0.88 in Q1 2025. Net income was $6.6 million. ROA improved to 1.20% from 1.05% sequentially and 0.72% year-over-year. ROE reached 15.13%, up from 14.20% in Q4 2025 and 10.80% in Q1 2025. Net interest margin expanded to 3.53% from 3.40% in Q4 2025 and 3.05% in Q1 2025. Note: these figures were previously disclosed in the company's May 1, 2026 8-K.
Added in current filing · view on EDGAR →
Total loans (thousands) $ 1,572,426 $1,561,238 $ 1,456,191 Total deposits (thousands) $ 1,889,710 $1,835,772 $ 1,867,577 Common equity ratio (Tier 1) 11.81% 11.45% 10.86% Tangible common equity ratio2 7.42% 7.45% 6.33% Tangible book value per share2 $ 37.78 $ 37.10 $ 31.97
Total loans grew to $1.57 billion from $1.56 billion in Q4 2025 and $1.46 billion in Q1 2025. Total deposits increased to $1.89 billion from $1.84 billion sequentially. The Tier 1 common equity ratio strengthened to 11.81% from 11.45% in Q4 2025 and 10.86% in Q1 2025. Tangible book value per share rose to $37.78 from $37.10 in Q4 2025 and $31.97 in Q1 2025.
Added in current filing · view on EDGAR →
Nonperforming assets3 (NPA) / Total assets 0.37% 0.38% 0.01% Allowance for credit losses (ACL) / Total loans 1.32% 1.32% 1.27%
Nonperforming assets as a percentage of total assets remained low at 0.37%, down slightly from 0.38% in Q4 2025 but elevated from 0.01% in Q1 2025. The allowance for credit losses held steady at 1.32% of total loans, unchanged from Q4 2025 and up from 1.27% in Q1 2025. Note: these figures were previously disclosed in the company's May 1, 2026 8-K.
Added in current filing · view on EDGAR → · paraphrased
$1,273,421 $1,271,068 $153,886 $27,509
Wealth management assets under management totaled $1.4 billion as of March 31, 2026, comprising $1.27 billion in trust assets and $154 million in brokerage assets. The company added $27.5 million in new AUM year-to-date from new and existing clients, excluding market appreciation.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 27, 2026 · How we verify