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Franklin Financial Network: 2Q Earnings Snapshot

July 24, 2019

FRANKLIN, Tenn. (AP) _ Franklin Financial Network Inc. (FSB) on Wednesday reported second-quarter profit of $5.2 million.

The Franklin, Tennessee-based bank said it had earnings of 34 cents per share.

The bank holding company posted revenue of $52.4 million in the period. Its revenue net of interest expense was $32.3 million, falling short of Street forecasts.

Franklin Financial Network shares have climbed 7% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $28.21, a fall of 24% in the last 12 months.

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