Franklin Financial Services Corp /Pa/ - Understand $fraf stock

$FRAF Market Cap: $148.3 Million

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Financial Snapshot

Revenue

$74.59M

TTM

Gross Margin

Net Earnings

$14.08M

TTM

Current Assets

Current Liabilities

$44.40M

Q3 2024

Current Ratio

Total Assets

$2.151B

Q3 2024

Total Liabilities

$2.001B

Q3 2024

Book Value

$149.9M

Q3 2024

Cash

$236.3M

Q3 2024

P/E

10.53

Nov 29, 2024 EST

Free Cash Flow

$21.25M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$76.76M	$56.45M	$47.57M	$45.94M	$49.24M	$44.87M	$39.89M	$36.98M
YoY Change	35.98%	18.66%	3.56%	-6.69%	9.73%	12.49%	7.86%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$76.76M	$56.45M	$47.57M	$45.94M	$49.24M	$44.87M	$39.89M	$36.98M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development	$405.0K	$396.0K	$407.0K	$458.0K	$426.0K	$433.0K	$418.0K	$429.0K
YoY Change	2.27%	-2.7%	-11.14%	7.51%	-1.62%	3.59%	-2.56%
% of Gross Profit
Depreciation & Amortization	$2.137M	$1.382M	$1.137M	$1.230M	$1.259M	$1.232M	$1.236M	$1.270M	$1.510M	$1.940M	$1.920M	$1.850M	$1.860M	$1.800M	$1.890M	$1.690M	$1.740M	$1.390M
YoY Change	54.63%	21.55%	-7.56%	-2.3%	2.19%	-0.32%	-2.68%	-15.89%	-22.16%	1.04%	3.78%	-0.54%	3.33%	-4.76%	11.83%	-2.87%	25.18%	-4.14%
% of Gross Profit
Operating Expenses	$405.0K	$396.0K	$407.0K	$458.0K	$426.0K	$433.0K	$418.0K	$429.0K
YoY Change	2.27%	-2.7%	-11.14%	7.51%	-1.62%	3.59%	-2.56%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Interest Expense	$23.13M	$4.863M	$2.902M	$3.978M	$7.113M	$4.214M	$2.491M	$2.245M
YoY Change	375.53%	67.57%	-27.05%	-44.07%	68.79%	69.17%	10.96%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Pretax Income	$15.75M	$17.50M	$23.01M	$13.06M	$19.00M	$5.960M	$5.741M	$9.389M	$12.48M	$10.41M	$7.530M	$5.880M	$6.980M	$10.55M	$8.600M	$12.28M	$12.02M	$9.670M
YoY Change	-9.96%	-23.98%	76.24%	-31.26%	218.71%	3.81%	-38.85%	-24.77%	19.88%	38.25%	28.06%	-15.76%	-33.84%	22.67%	-29.97%	2.16%	24.3%	37.16%
Income Tax	$2.155M	$2.557M	$3.398M	$258.0K	$2.880M	-$165.0K	$3.565M	$1.302M	$2.270M	$2.010M	$1.300M	$510.0K	$410.0K	$2.940M	$2.010M	$3.680M	$2.760M	$2.100M
% Of Pretax Income	13.68%	14.62%	14.76%	1.98%	15.16%	-2.77%	62.1%	13.87%	18.19%	19.31%	17.26%	8.67%	5.87%	27.87%	23.37%	29.97%	22.96%	21.72%
Net Earnings	$13.60M	$14.94M	$19.62M	$12.80M	$16.12M	$6.125M	$2.176M	$8.087M	$10.20M	$8.400M	$6.230M	$5.370M	$6.570M	$7.610M	$6.590M	$8.600M	$9.260M	$7.570M
YoY Change	-8.97%	-23.85%	53.25%	-20.57%	163.1%	181.48%	-73.09%	-20.72%	21.43%	34.83%	16.01%	-18.26%	-13.67%	15.48%	-23.37%	-7.13%	22.32%	23.9%
Net Earnings / Revenue	17.71%	26.46%	41.23%	27.86%	32.73%	13.65%	5.46%	21.87%
Basic Earnings Per Share	$3.11	$3.38	$4.44	$2.94	$3.68	$1.40	$0.50	$1.88
Diluted Earnings Per Share	$3.10	$3.360M	$4.42	$2.93	$3.67	$1.39	$0.50	$1.88	$2.400M	$2.000M	$1.505M	$1.319M	$1.659M	$1.956M	$1.716M	$2.245M	$2.405M	$2.103M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$33.22M	$36.04M	$23.90M	$18.40M	$19.00M	$13.50M	$13.70M	$14.10M	$14.80M	$15.00M	$16.10M	$17.00M	$16.00M	$16.60M	$15.70M	$15.60M	$13.90M	$13.10M
YoY Change	-7.81%	50.78%	29.89%	-3.16%	40.74%	-1.46%	-2.84%	-4.73%	-1.33%	-6.83%	-5.29%	6.25%	-3.61%	5.73%	0.64%	12.23%	6.11%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments																$0.00	$4.100M	$4.000M
YoY Change																-100.0%	2.5%
Other Assets	$11.80M	$15.63M	$3.300M	$2.400M	$4.000M	$6.000M	$5.800M	$5.800M	$4.800M	$4.300M	$5.400M	$5.500M	$6.400M
YoY Change	-24.5%	373.64%	37.5%	-40.0%	-33.33%	3.45%	0.0%	20.83%	11.63%	-20.37%	-1.82%	-14.06%
Total Long-Term Assets
YoY Change
Total Assets	$1.836B	$1.700B	$1.774B	$1.535B	$1.269B	$1.210B	$1.180B	$1.127B	$1.035B	$1.001B	$984.6M	$1.027B	$990.2M	$951.9M	$979.4M	$902.5M	$820.4M	$799.3M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$4.816M	$6.144M	$4.900M	$5.300M	$5.200M
YoY Change	-21.61%	25.39%	-7.55%	1.92%
Deferred Revenue
YoY Change
Short-Term Debt	$90.00M						$0.00	$24.30M		$9.100M	$23.80M	$42.20M	$53.10M	$51.20M	$55.90M	$83.20M	$68.20M	$85.10M
YoY Change							-100.0%			-61.76%	-43.6%	-20.53%	3.71%	-8.41%	-32.81%	21.99%	-19.86%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$94.82M	$6.144M	$4.900M	$5.300M	$5.200M			$24.30M		$9.100M	$23.80M	$42.20M	$53.10M	$51.20M	$55.90M	$83.20M	$68.20M	$85.10M
YoY Change	1443.23%	25.39%	-7.55%	1.92%						-61.76%	-43.6%	-20.53%	3.71%	-8.41%	-32.81%	21.99%	-19.86%
Long-Term Debt	$19.66M	$19.62M	$19.60M	$19.60M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	0.19%	0.12%	0.0%
Other Long-Term Liabilities	$11.45M	$8.167M	$7.900M	$10.40M	$11.10M	$8.600M	$17.50M	$4.600M	$5.400M	$7.700M	$7.200M	$6.700M	$13.60M	$12.90M	$11.70M	$12.80M	$8.600M	$8.900M
YoY Change	40.17%	3.38%	-24.04%	-6.31%	29.07%	-50.86%	280.43%	-14.81%	-29.87%	6.94%	7.46%	-50.74%	5.43%	10.26%	-8.59%	48.84%	-3.37%
Total Long-Term Liabilities	$31.11M	$27.79M	$27.50M	$30.00M	$11.10M	$8.600M	$17.50M	$4.600M	$5.400M	$7.700M	$7.200M	$6.700M	$13.60M	$12.90M	$11.70M	$12.80M	$8.600M	$8.900M
YoY Change	11.94%	1.05%	-8.33%	170.27%	29.07%	-50.86%	280.43%	-14.81%	-29.87%	6.94%	7.46%	-50.74%	5.43%	10.26%	-8.59%	48.84%	-3.37%
Total Liabilities	$1.704B	$1.585B	$1.617B	$1.390B	$1.142B	$1.091B	$1.065B	$1.011B	$923.9M	$897.9M	$889.2M	$935.7M	$903.1M	$869.3M	$900.6M	$829.4M	$742.7M	$727.7M
YoY Change	7.48%	-1.94%	16.32%	21.75%	4.62%	2.49%	5.31%	9.43%	2.9%	0.98%	-4.97%	3.61%	3.89%	-3.48%	8.58%	11.67%	2.06%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Basic Shares Outstanding	4.374M	4.421M	4.420M	4.357M	4.375M	4.382M	4.337M	4.297M	4.244M	4.190M	4.135K	4.072K
Diluted Shares Outstanding	4.381M	4.445M	4.440M	4.366M	4.396M	4.404M	4.359M	4.302M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $148.32 Million

About FRANKLIN FINANCIAL SERVICES CORP /PA/

Franklin Financial Services Corp. is a bank holding company, which engages in financial services and offers traditional banking. The company is headquartered in Chambersburg, Pennsylvania and currently employs 306 full-time employees. The firm conducts substantially all of its business through its wholly owned direct banking subsidiary, Farmers and Merchants Trust Company of Chambersburg (the Bank). The Bank acts as an independent community financial services provider and offers traditional banking and related financial services to individual, business and government customers. Through its community offices and electronic banking applications, the Bank offers a range of commercial and retail financial services, including the taking of time, savings and demand deposits; the making of commercial, consumer and mortgage loans, and the providing of safe deposit services. The Bank also performs personal, corporate, pension and fiduciary services through its Wealth Management Department. The Bank has approximately 22 community banking locations in Franklin, Cumberland, Fulton and Huntingdon Counties PA, and Washington County MD.

Industry: State Commercial Banks Peers: First Financial Northwest, Inc. Hanover Bancorp, Inc. /NY LYONS BANCORP INC PEOPLES BANCORP OF NORTH CAROLINA INC OLD POINT FINANCIAL CORP OHIO VALLEY BANC CORP PNC FINANCIAL SERVICES GROUP, INC. RIVERVIEW BANCORP INC SALISBURY BANCORP, INC.