Valuation, from the filing
| Public float | $139.87M | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $31.20 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 6.6× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 0.8× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
6.6× earnings today, against a median of 8.8× across 10 years on record. Below its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-06-30 | $139.87M | 6.6× | |
| 2024-06-30 | $110.95M | 10.0× | |
| 2023-06-30 | $108.08M | 7.9× | |
| 2022-06-30 | $120.40M | 8.1× | |
| 2021-06-30 | $127.70M | 6.5× | |
| 2020-06-30 | $103.03M | 8.0× | |
| 2019-06-30 | $153.18M | 9.5× | |
| 2018-06-30 | $137.84M | 22.5× | |
| 2017-06-30 | $129.62M | 59.6× | |
| 2016-06-30 | $93.98M | 11.6× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the State Commercial Banks filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| Effective tax rate | 19.2% | 27th |
FRANKLIN FINANCIAL SERVICES CORP /PA/ (FRAF) reported net income of $21.23M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from FRANKLIN FINANCIAL SERVICES CORP /PA/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under State Commercial Banks.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $21.23M | $11.10M | $13.60M | $14.94M | $19.62M | $12.80M | $16.12M | $6.12M | $2.18M | $8.09M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 4.48M | shares 4.41M | shares 4.38M | shares 4.44M | shares 4.44M | shares 4.37M | shares 4.40M | shares 4.40M | shares 4.36M | shares 4.30M |
| Pretax income | $26.27M | $13.32M | $15.75M | $17.50M | $23.01M | $13.06M | $19.00M | $5.96M | $5.74M | $9.39M |
| Income tax expense | $5.04M | $2.22M | $2.16M | $2.56M | $3.40M | $258.00K | $2.88M | -$165.00K | $3.56M | $1.30M |
| Diluted EPS | $4.74 | $2.51 | $3.10 | $3.36 | $4.42 | $2.93 | $3.67 | $1.39 | $0.50 | $1.88 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $127.72M | $203.61M | $23.14M | $64.90M | $175.15M | $57.15M | $83.83M | $52.96M | $58.60M | $36.66M |
| Total assets | $2.24B | $2.20B | $1.84B | $1.70B | $1.77B | $1.54B | $1.27B | $1.21B | $1.18B | $1.13B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $2.06B | $2.05B | $1.70B | $1.59B | $1.62B | $1.39B | $1.14B | $1.09B | $1.06B | $1.01B |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $175.24M | $144.72M | $132.14M | $114.20M | $157.06M | $145.18M | $127.53M | $118.40M | $115.14M | $116.49M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | $9.02M | $9.02M | $9.02M | $9.02M | $9.02M | $9.02M | $9.02M | $9.02M | $9.02M | $9.02M |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $25.44M | $21.76M | $26.56M | $25.24M | $26.35M | $6.44M | $18.97M | $9.30M | $16.25M | $14.86M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $579.00K |
| Investing cash flow | -$107.02M | -$184.37M | -$178.27M | -$95.06M | -$133.94M | -$277.31M | -$23.48M | -$47.49M | -$32.24M | -$102.67M |
| Financing cash flow | $5.69M | $343.08M | $109.94M | -$40.44M | $225.59M | $244.20M | $35.39M | $32.54M | $37.93M | $85.31M |
| Net change in cash | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | -$5.65M | $21.94M | -$2.50M |
| Stock-based compensation | $819.00K | $634.00K | $483.00K | $462.00K | $204.00K | $197.00K | $0 | $185.00K | $161.00K | $88.00K |
| Common dividends paid | $5.84M | $5.63M | $5.60M | $5.66M | $5.52M | $5.23M | $5.12M | $4.60M | $4.03M | $3.52M |
| Common share repurchases | $1.10M | $827.00K | $2.39M | $3.33M | $1.19M | $1.17M | $3.85M | $88.00K | Unavailable | $795.00K |
| Depreciation & amortization | $2.15M | $2.09M | $2.02M | $1.44M | $1.20M | $1.33M | $1.37M | $1.33M | $1.32M | $1.34M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 19.2% | 16.6% | 13.7% | 14.6% | 14.8% | 2.0% | 15.2% | -2.8% | 62.1% | 13.9% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FRAF in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.