Stocks/FRAF

FRAF

Franklin Financial Services Corporation
Financial Services·Banks - Regional
$58.13
$261M market cap
Revenue
$66.9M
Free Cash Flow
$27.2M
Rev Growth
+0.0%
FCF Margin
40.6%
P/FCF
9.6x
EV/FCF
16.6x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--

Franklin Financial Services Corporation operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to small and medium-sized businesses, individuals, governmental entities, and non-profit organizations in Pennsylvania. It offers various deposit products, including checking, savings, money management, and time deposit accounts, as well as demand deposits. The company also provides commercial real estate

2-Year Price History

$58.29+136.1%
$25$30$35$40$45$50$55volJun 24Oct 24Jan 25May 25Sep 25Jan 26May 26

Quarterly Financials & Projections

Quarterly Waterfall ($ M)
PeriodRevEBITDAOpInNIOCFFCFCapExCashDebtSharesROICIntCovEV/EBITDA
Act2026-Q133.18.38.36.624.124.0-0.124.0215.24.59.7%0.9x--
Act2025-Q433.78.07.56.03.23.2-0.0229.8214.74.58.9%0.8x--

Valuation & Metrics

Market Stats

Price$58.13
Market Cap$261M
Enterprise Value$452M
P/S Ratio3.9x
P/FCF9.6x
EV/FCF16.6x
FCF Margin (TTM)40.6%
FCF Yield10.4%
Dividend Yield (TTM)2.9%
Annual Dilution0.0%
CurrencyUSD

TTM Financial Snapshot

Revenue$66.9M
Net Income$12.7M
Free Cash Flow$27.2M

Revenue Growth (YoY)+0.0%
EBITDA Margin24.4%
Net Margin19.0%
FCF Margin40.6%
CapEx % of Revenue0.2%
SBC % of Revenue0.2%
ROIC9.3%
WC Change % Rev0.0%
Interest Coverage0.8x

Forward Outlook & Risk

Short Interest

Short % of Float--
Short Shares0.1M
Days to Cover1.7
Change (vs Prior)-11.2%
Need at least 2 settlement dates for chart

Employees

Headcount306
Revenue / Employee$218,529
Gross Profit / Employee$152,559

Institutional Ownership

Headline & net flow

NEUTRAL
Net flow · still filing
No float data — flow unavailable.

Ownership composition

Active
14.9%(+3.1% YoY)
73 filers
hedge / family / endowment
Retail funds
Fidelity, Schwab, 401(k)
Passive
14.9%(+10.2% YoY)
9 filers
Vanguard, iShares, SPDR
Market makers
0.1%(-1.1% YoY)
2 filers
Citadel, Susquehanna
Insiders
Form 4 — latest per insider
0%25%50%75%100%2022-062023-032023-122024-092025-062026-03
ActiveRetail fundsPassiveMarket makersRetail direct

Top holders

Fund$ valueCost basisΔ QoQΔ YoYα lifeFund AUM
BlackRock, Inc.Passive$13.6M$36.26+$1.3M+$12.1M-0.2%$5.69T
VANGUARD CAPITAL MANAGEMENT LLCPassive$9.4M$50.77+$9.3M+$9.4M$4.04T
GEODE CAPITAL MANAGEMENT, LLCPassive$5.1M$33.01+$148K+$2.7M+2.3%$1.61T
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$3.9M$43.41+$1.5M+$2.8M+0.1%$184.72B
STATE STREET CORPPassive$3.7M$40.38+$115K+$3.0M-0.2%$2.89T
Elizabeth Park Capital Advisors, Ltd.$3.3M$50.77+$3.2M+$3.3M-1.0%$130M
BRIDGEWAY CAPITAL MANAGEMENT, LLC$3.0M$28.59−$537K−$260K-2.3%$4.93B
GOLDMAN SACHS GROUP INC$2.6M$49.65+$627K+$1.8M-0.2%$760.93B
DIMENSIONAL FUND ADVISORS LPPassive$2.5M$28.09+$0−$44K-0.4%$480.92B
AMERICAN CENTURY COMPANIES INC$2.5M$44.85+$343K+$1.5M+0.7%$193.48B
MARSHALL WACE, LLP$2.2M$35.77+$305K+$1.7M+0.6%$92.71B
MILLENNIUM MANAGEMENT LLC$2.1M$40.34+$1.4M−$687K-0.5%$127.40B
NORTHERN TRUST CORPPassive$1.5M$34.91+$70K+$1.1M-0.2%$755.34B
Nuveen, LLC$1.4M$48.96+$915K+$1.4M+0.0%$368.63B
VANGUARD FIDUCIARY TRUST COPassive$1.4M$50.77+$1.4M+$1.4M$395.83B
Empowered Funds, LLC$1.2M$27.02−$537K−$465K+0.2%$15.64B
VANGUARD PORTFOLIO MANAGEMENT LLCPassive$1.2M$50.77+$1.2M+$1.2M$1.91T
RENAISSANCE TECHNOLOGIES LLC$1.2M$38.16−$234K+$684K+1.2%$63.91B
CITADEL ADVISORS LLC$1.1M$41.87−$367K+$498K-0.4%$138.22B
SummerHaven Investment Management, LLC$1.0M$45.08−$107K+$1.0M-0.6%$162M
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.

Trading behavior

Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
-0.22%
avg per quarter
Holders (ex-self)
-0.22%
excl. this stock
Buyers (this Q)
-0.36%
44 buyers · $0.03B in
Sellers (this Q)
-0.27%
25 sellers · $0.00B out
alpha coverage: 84% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
+1.1%
how holders react when this stock falls
On quiet Qs
-2.8%
−10% to +10% baseline
On rallies (+10%+)
+19.9%
how they react when this stock rises
Holders' portfolio flow this Q
+3.2%
inflows — adds are organic
Sellers' portfolio flow this Q
+5.7%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-7.3%
Holder mid (any stock)
-4.5%
Holder rally (any stock)
-6.4%

Top Holders Over Time

5-year share-count history (top 10 holders by peak, incl. exited) + price

0157K314K470K627K$24$31$38$44$512021-062022-062023-062024-062025-062026-03
hover the chart for per-quarter detailprice (right axis)
Fourthstone LLCARROWSTREET CAPITAL, LIMITED PARTNERSHIP75KBRIDGEWAY CAPITAL MANAGEMENT, LLC59KElizabeth Park Capital Advisors, Ltd.64KBANC FUNDS CO LLCGOLDMAN SACHS GROUP INC51KAMERICAN CENTURY COMPANIES INC49KMARSHALL WACE, LLP43KMILLENNIUM MANAGEMENT LLC42KLOGAN CAPITAL MANAGEMENT INC

Corporate

Insider Trading (last 12mo)

Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$130K
9 txns · 4 insiders · 2,709 sh
Sells ($, 12mo)
$175K
5 txns · 5 insiders · 3,526 sh
Recent transactions
DateSideInsiderTitleSharesPriceDollarsOwned $
2026-04-29BUYDuffey Gregory Adirector18$55.35$996$1.31M
2026-03-09BUYSnook Gregory Idirector2,200$48.18$106K$447K
2026-02-25BUYDuffey Gregory Adirector19$52.33$994$1.22M
2026-02-05BUYCarroll Charles Benner Jrofficer: COO380$46.93$18K$189K
2025-12-22SELLRzomp Kimberlydirector1,500$54.07$81K$316K
2025-11-26BUYDuffey Gregory Adirector19$53.91$1K$1.28M
2025-08-28SELLCarroll Charles Benner Jrofficer: EVP, COO650$46.55$30K$163K
2025-08-27BUYDuffey Gregory Adirector21$46.55$978$1.10M
2025-08-27SELLEhrig Scott Dofficer: SVP, Chief Wealth Officer1,060$46.83$50K$91K
2025-08-27SELLHollar Mark Rofficer: EVP/CFO179$46.75$8K$748K
2025-08-25SELLLong David Mofficer: SVP, Chief Technology Officer137$44.30$6K$52K
2025-07-30BUYDuffey Gregory Adirector25$40.48$1K$949K
2025-05-28BUYCarmack Karen Kofficer: SVP, Chief HR Officer1$38.60$39$151K
2025-05-28BUYDuffey Gregory Adirector26$38.60$1K$946K

Order Flow (FINRA, ~3w lag)

7.8%retail-3.0pp
14.7%dark-6.3pp
week of 2026-04-13
0%10%20%30%40%24-1125-0225-0525-0825-1126-0226-04retail (non-ATS)dark (ATS)
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.

Filing Risk Analysis

Filing Risk Scores

Franklin Financial Services Corp: Administrative Header Lacks Substantive Disclosures for Forensic Evaluation

Overall Risk
2/10
Fraud
1/10
Dilution
1/10
Insolvency
1/10
Earnings Overstated
1/10
Hidden Liabilities
1/10
Legal
1/10
Audit Warnings
1/10
Hidden Upside
1/10
Contextually Acceptable
10/10