Franklin Financial Services Corp (FRAF) - Net Assets
Based on the latest financial reports, Franklin Financial Services Corp (FRAF) has net assets worth $178.74 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.30 Billion) and total liabilities ($2.12 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check FRAF intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $178.74 Million |
| % of Total Assets | 7.78% |
| Annual Growth Rate | 5.52% |
| 5-Year Change | 11.57% |
| 10-Year Change | 50.43% |
| Growth Volatility | 8.97 |
Franklin Financial Services Corp - Net Assets Trend (1995–2025)
This chart illustrates how Franklin Financial Services Corp's net assets have evolved over time, based on quarterly financial data. See Franklin Financial Services Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Franklin Financial Services Corp (1995–2025)
The table below shows the annual net assets of Franklin Financial Services Corp from 1995 to 2025. For live valuation and market cap data, see market value of Franklin Financial Services Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $175.24 Million | +21.09% |
| 2024-12-31 | $144.72 Million | +9.52% |
| 2023-12-31 | $132.14 Million | +15.71% |
| 2022-12-31 | $114.20 Million | -27.29% |
| 2021-12-31 | $157.06 Million | +8.19% |
| 2020-12-31 | $145.18 Million | +13.84% |
| 2019-12-31 | $127.53 Million | +7.71% |
| 2018-12-31 | $118.40 Million | +2.82% |
| 2017-12-31 | $115.14 Million | -1.16% |
| 2016-12-31 | $116.49 Million | +4.59% |
| 2015-12-31 | $111.38 Million | +7.59% |
| 2014-12-31 | $103.52 Million | +8.53% |
| 2013-12-31 | $95.39 Million | +4.10% |
| 2012-12-31 | $91.63 Million | +5.11% |
| 2011-12-31 | $87.18 Million | +5.50% |
| 2010-12-31 | $82.64 Million | +4.92% |
| 2009-12-31 | $78.77 Million | +7.81% |
| 2008-12-31 | $73.06 Million | -5.90% |
| 2007-12-31 | $77.64 Million | +8.42% |
| 2006-12-31 | $71.61 Million | +28.64% |
| 2005-12-31 | $55.67 Million | +1.88% |
| 2004-12-31 | $54.64 Million | +5.37% |
| 2003-12-31 | $51.86 Million | +9.80% |
| 2002-12-31 | $47.23 Million | +4.34% |
| 2001-12-31 | $45.27 Million | +4.78% |
| 2000-12-31 | $43.20 Million | +9.93% |
| 1999-12-31 | $39.30 Million | -1.51% |
| 1998-12-31 | $39.90 Million | +9.90% |
| 1997-12-31 | $36.30 Million | +2.73% |
| 1996-12-31 | $35.34 Million | +1.10% |
| 1995-12-31 | $34.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Franklin Financial Services Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 934.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $154.84 Million | 88.36% |
| Common Stock | $4.71 Million | 2.69% |
| Other Comprehensive Income | $-21.59 Million | -12.32% |
| Other Components | $37.28 Million | 21.27% |
| Total Equity | $175.24 Million | 100.00% |
Franklin Financial Services Corp Competitors by Market Cap
The table below lists competitors of Franklin Financial Services Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou IECHO Science & Technology Co. Ltd. A
SHG:688092
|
$262.85 Million |
|
Shanghai KEN Tools Co Ltd
SHE:300126
|
$262.87 Million |
|
Teamlease Services Limited
NSE:TEAMLEASE
|
$262.92 Million |
|
Energy One Ltd
AU:EOL
|
$262.95 Million |
|
Crescendo Corporation Bhd
KLSE:6718
|
$262.84 Million |
|
Asia Polymer Corp
TW:1308
|
$262.82 Million |
|
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd.
SHE:301063
|
$262.82 Million |
|
Linzhou Heavy Machinery Group Co Ltd
SHE:002535
|
$262.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Franklin Financial Services Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 144,716,000 to 175,242,000, a change of 30,526,000 (21.1%).
- Net income of 21,226,000 contributed positively to equity growth.
- Dividend payments of 5,845,000 reduced retained earnings.
- Share repurchases of 1,104,000 reduced equity.
- New share issuances of 1,225,000 increased equity.
- Other comprehensive income increased equity by 13,919,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $21.23 Million | +12.11% |
| Dividends Paid | $5.84 Million | -3.34% |
| Share Repurchases | $1.10 Million | -0.63% |
| Share Issuances | $1.23 Million | +0.7% |
| Other Comprehensive Income | $13.92 Million | +7.94% |
| Other Changes | $1.10 Million | +0.63% |
| Total Change | $- | 21.09% |
Book Value vs Market Value Analysis
This analysis compares Franklin Financial Services Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.60x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.45x to 1.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $9.68 | $62.44 | x |
| 1996-12-31 | $10.05 | $62.44 | x |
| 1997-12-31 | $10.50 | $62.44 | x |
| 1998-12-31 | $11.53 | $62.44 | x |
| 1999-12-31 | $11.35 | $62.44 | x |
| 2000-12-31 | $12.53 | $62.44 | x |
| 2001-12-31 | $13.25 | $62.44 | x |
| 2002-12-31 | $14.06 | $62.44 | x |
| 2003-12-31 | $15.45 | $62.44 | x |
| 2004-12-31 | $16.21 | $62.44 | x |
| 2005-12-31 | $16.49 | $62.44 | x |
| 2006-12-31 | $19.87 | $62.44 | x |
| 2007-12-31 | $20.16 | $62.44 | x |
| 2008-12-31 | $19.08 | $62.44 | x |
| 2009-12-31 | $20.51 | $62.44 | x |
| 2010-12-31 | $21.09 | $62.44 | x |
| 2011-12-31 | $21.67 | $62.44 | x |
| 2012-12-31 | $22.31 | $62.44 | x |
| 2013-12-31 | $22.88 | $62.44 | x |
| 2014-12-31 | $24.54 | $62.44 | x |
| 2015-12-31 | $26.21 | $62.44 | x |
| 2016-12-31 | $27.08 | $62.44 | x |
| 2017-12-31 | $26.42 | $62.44 | x |
| 2018-12-31 | $26.88 | $62.44 | x |
| 2019-12-31 | $29.01 | $62.44 | x |
| 2020-12-31 | $33.25 | $62.44 | x |
| 2021-12-31 | $35.38 | $62.44 | x |
| 2022-12-31 | $25.69 | $62.44 | x |
| 2023-12-31 | $30.16 | $62.44 | x |
| 2024-12-31 | $32.79 | $62.44 | x |
| 2025-12-31 | $38.96 | $62.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Franklin Financial Services Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.11%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.89%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 12.78x
- Recent ROE (12.11%) is above the historical average (9.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 11.96% | 28.02% | 0.05x | 8.97x | $683.40K |
| 1996 | 11.68% | 26.68% | 0.05x | 9.51x | $592.90K |
| 1997 | 12.02% | 24.98% | 0.05x | 9.75x | $732.50K |
| 1998 | 12.04% | 25.46% | 0.04x | 10.65x | $814.90K |
| 1999 | 12.98% | 15.04% | 0.08x | 11.32x | $1.17 Million |
| 2000 | 11.59% | 13.35% | 0.08x | 10.79x | $686.90K |
| 2001 | 12.36% | 15.12% | 0.07x | 11.02x | $1.07 Million |
| 2002 | 11.80% | 16.74% | 0.06x | 11.27x | $850.20K |
| 2003 | 11.26% | 17.90% | 0.06x | 10.60x | $654.20K |
| 2004 | 9.50% | 16.27% | 0.06x | 10.31x | $-272.30K |
| 2005 | 10.98% | 16.65% | 0.06x | 11.16x | $545.00K |
| 2006 | 10.57% | 15.40% | 0.06x | 11.16x | $408.60K |
| 2007 | 11.92% | 15.53% | 0.07x | 10.57x | $1.49 Million |
| 2008 | 11.76% | 15.65% | 0.06x | 12.35x | $1.29 Million |
| 2009 | 8.36% | 12.51% | 0.05x | 12.43x | $-1.29 Million |
| 2010 | 9.21% | 14.54% | 0.06x | 11.52x | $-651.90K |
| 2011 | 7.53% | 12.72% | 0.05x | 11.36x | $-2.15 Million |
| 2012 | 5.85% | 11.19% | 0.05x | 11.21x | $-3.80 Million |
| 2013 | 6.53% | 13.74% | 0.05x | 10.32x | $-3.31 Million |
| 2014 | 8.12% | 18.59% | 0.05x | 9.67x | $-1.95 Million |
| 2015 | 9.16% | 21.97% | 0.04x | 9.30x | $-933.60K |
| 2016 | 6.94% | 16.94% | 0.04x | 9.68x | $-3.56 Million |
| 2017 | 1.89% | 4.26% | 0.04x | 10.25x | $-9.34 Million |
| 2018 | 5.17% | 10.84% | 0.05x | 10.22x | $-5.71 Million |
| 2019 | 12.64% | 25.56% | 0.05x | 9.95x | $3.36 Million |
| 2020 | 8.82% | 21.36% | 0.04x | 10.57x | $-1.72 Million |
| 2021 | 12.49% | 30.66% | 0.04x | 11.29x | $3.91 Million |
| 2022 | 13.08% | 21.26% | 0.04x | 14.88x | $3.52 Million |
| 2023 | 10.29% | 15.05% | 0.05x | 13.90x | $384.40K |
| 2024 | 7.67% | 9.75% | 0.05x | 15.19x | $-3.37 Million |
| 2025 | 12.11% | 15.89% | 0.06x | 12.78x | $3.70 Million |
Industry Comparison
This section compares Franklin Financial Services Corp's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $800,595,200
- Average return on equity (ROE) among peers: 8.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Franklin Financial Services Corp (FRAF) | $178.74 Million | 11.96% | 11.85x | $262.84 Million |
| Ameris Bancorp (ABCB) | $178.73 Million | 12.38% | 10.46x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $646.44 Million | 11.15% | 9.66x | $5.85 Billion |
| ACNB Corporation (ACNB) | $120.06 Million | 9.05% | 9.05x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $75.66 Million | 1.80% | 2.78x | $137.20 Million |
| Alerus Financial Corp (ALRS) | $356.87 Million | 11.21% | 9.59x | $736.27 Million |
| Amalgamated Bank (AMAL) | $794.46 Million | 13.15% | 10.16x | $1.27 Billion |
| Amerant Bancorp Inc. (AMTB) | $938.80 Million | 5.58% | 9.41x | $979.96 Million |
| Arrow Financial Corporation (AROW) | $152.26 Million | 14.38% | 11.53x | $622.98 Million |
| Associated Banc-Corp (ASB) | $4.61 Billion | 2.67% | 8.34x | $5.45 Billion |
| AmeriServ Financial Inc (ASRV) | $137.10 Million | 8.24% | 12.05x | $62.43 Million |
About Franklin Financial Services Corp
Franklin Financial Services Corporation operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides banking services to businesses, individuals, and governmental entities in Pennsylvania. It offers various deposit products, including demand deposits, savings, money management accounts, time deposits, and certificates of deposits. The company also pro… Read more