Franklin Financial Services Corp.
- FRAF · Nasdaq
- State Commercial Banks
- Chambersburg, PA
- CIK 0000723646
Updated from SEC filings through
Top things to know
Executives
- Craig W. Best CEO 4, 2026-06-02
- Mark R. Hollar SEVP/CFO 4, 2026-06-02
- Matthew D. Weaver SVP, Chief Marketing Officer 4, 2026-08-03
- Karen K. Carmack SVP, Chief HR Officer 4, 2026-07-30
- Lorie M. Heckman EVP, Chief Risk Officer 4, 2026-07-30
- Charles Benner Carroll Jr President & COO 4, 2026-06-02
Franklin Financial Services Corp is a U.S. public company in state commercial banks (SIC 6022), headquartered in Chambersburg, PA. It trades as FRAF on Nasdaq. Revenue was $114M in the fiscal year ending December 31, 2025, +12.7% from the year before. Craig W. Best is CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $114M 10-K, 2026-03-13 | $101M 10-K, 2026-03-13 | $76.8M 10-K, 2025-03-14 | $56.4M 10-K/A, 2024-03-12 | $47.6M 10-K, 2023-03-10 |
| Operating income | Not on file | Not on file | Not on file | Not on file | Not on file |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | $21.2M 10-K, 2026-03-13 | $11.1M 10-K, 2026-03-13 | $13.6M 10-K, 2025-03-14 | $14.9M 10-K/A, 2024-03-12 | $19.6M 10-K, 2023-03-10 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Craig W. Best | CEO | 4, 2026-06-02 |
| Mark R. Hollar | SEVP/CFO | 4, 2026-06-02 |
| Matthew D. Weaver | SVP, Chief Marketing Officer | 4, 2026-08-03 |
| Karen K. Carmack | SVP, Chief HR Officer | 4, 2026-07-30 |
| Lorie M. Heckman | EVP, Chief Risk Officer | 4, 2026-07-30 |
| Charles Benner Carroll Jr | President & COO | 4, 2026-06-02 |
| David M. Long | SVP, Chief Technology Officer | 4, 2026-06-02 |
| Charles B. Carrol1, Jr. | Named in proxy bio: Senior Executive Vice President | DEF 14A, 2026-03-24 |
| Louis J. Giustini | SVP, CRSO | 4, 2026-06-02 |
| Steven D. Butz | EVP, CCSO | 4, 2026-06-01 |
| G. Warren Elliott | Chairman of the Board | 10-K, 2026-03-13 |
| Daniel J. Fisher | Director | 10-K, 2026-03-13 |
| Donald H. Mowery | Director | 10-K, 2026-03-13 |
| Gregory A. Duffey | Director | 10-K, 2026-03-13 |
| Gregory I. Snook | Director | 10-K, 2026-03-13 |
| Kevin W. Craig | Director | 10-K, 2026-03-13 |
What Franklin Financial Services Corp does
Franklin Financial Services Corporation (the “Corporation”) was organized as a Pennsylvania business corporation on June 1, 1983 and is a registered bank holding company under the Bank Holding Company Act of 1956, as amended (the “BHCA”).
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 4.5 million (as of October 31, 2026) | 10-Q, November 9, 2026 |
|---|---|---|
| Public float | $140M (as of June 30, 2025) | 10-K, March 13, 2026 |
| Reportable segments | 2 (period ending September 30, 2026) | 10-Q, November 9, 2026 |
| Latest proxy statement | Meeting March 24, 2026 (filed March 24, 2026) | DEF 14A, March 24, 2026 |
| Auditor | Crowe LLP (Washington, D.C) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| August 26, 2026 | Gregory A. Duffey Director | Buy | 16 | $993.28 | Form 4, August 27, 2026 |
| July 29, 2026 | Gregory A. Duffey Director | Buy | 16 | $1K | Form 4, July 30, 2026 |
| May 27, 2026 | Gregory A. Duffey Director | Buy | 17 | $1K | Form 4, June 1, 2026 |
| May 26, 2026 | Steven D. Butz EVP, CCSO | Sale | 1,400 | $81K | Form 4, June 1, 2026 |
| April 29, 2026 | Gregory A. Duffey Director | Buy | 18 | $996.3 | Form 4, April 30, 2026 |
| March 9, 2026 | Gregory I. Snook Director | Buy | 2,200 | $106K | Form 4, March 11, 2026 |
| February 25, 2026 | Gregory A. Duffey Director | Buy | 19 | $994.27 | Form 4, February 26, 2026 |
| February 5, 2026 | Charles Benner Carroll Jr COO | Buy | 380 | $18K | Form 4, February 9, 2026 |
Recent 8-K events
- 8-K filed 2026-11-02
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-10-27
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-10-16
- Item 8.01 Other events
- 8-K filed 2026-08-18
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-07-24
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-07-24
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-17
- Item 8.01 Other events
- 8-K filed 2026-05-01
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-04-29
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-04-23
- Item 5.02 Departure or appointment of directors or officers; compensation
Frequently asked questions about Franklin Financial Services Corp
- What does Franklin Financial Services Corp do?
- In its own words, from Item 1 of its 10-K: "Franklin Financial Services Corporation (the “Corporation”) was organized as a Pennsylvania business corporation on June 1, 1983 and is a registered bank holding company under the Bank Holding Company Act of 1956, as amended (the “BHCA”)."
- What is Franklin Financial Services Corp's revenue?
- $114M for the fiscal year ending December 31, 2025, from its 10-K filed March 13, 2026.
- Is Franklin Financial Services Corp profitable?
- Franklin Financial Services Corp reported net income of $21.2M for the fiscal year ending December 31, 2025.
- Who is the CEO of Franklin Financial Services Corp?
- Craig W. Best, CEO, as named in a 4 filed June 2, 2026.
- Who is the CFO of Franklin Financial Services Corp?
- Mark R. Hollar, SEVP/CFO, as named in a 4 filed June 2, 2026.
- Where is Franklin Financial Services Corp headquartered?
- Chambersburg, PA.
- What is Franklin Financial Services Corp's stock ticker?
- FRAF on Nasdaq.
- What industry is Franklin Financial Services Corp in?
- State Commercial Banks, SIC code 6022.
- What is Franklin Financial Services Corp's website?
- franklinfin.com.
- When does Franklin Financial Services Corp report earnings next?
- January 27, 2027. Source: estimate_8k_pattern.
- Is Franklin Financial Services Corp a public company?
- Yes. Franklin Financial Services Corp files with the SEC under CIK 0000723646 and trades as FRAF.
- Who audits Franklin Financial Services Corp?
- Crowe LLP, Washington, D.C, as named in its latest annual report (10-K).
- How many shares of Franklin Financial Services Corp are outstanding?
- 4.5 million shares as of October 31, 2026, from its 10-Q filed November 9, 2026.
- What is Franklin Financial Services Corp's public float?
- $140M as of June 30, 2025, as reported on the cover of its 10-K filed March 13, 2026.
- How many business segments does Franklin Financial Services Corp report?
- 2 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 9, 2026.
- When is Franklin Financial Services Corp's annual shareholder meeting?
- March 24, 2026, per its proxy statement (DEF 14A) filed March 24, 2026.
- Have Franklin Financial Services Corp insiders traded stock recently?
- Since July 30, 2025, officers and directors reported 6 open-market sales worth about $256K and 10 purchases worth about $132K on Forms 4 and 5. The most recent: Gregory A. Duffey (Director) bought 16 shares on August 26, 2026.