Benzinga | Jul 27, 2020 04:57PM EDT

Franklin Finl Network: Q2 Earnings Insights

Shares of Franklin Finl Network (NYSE:FSB) were unchanged in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share rose 105.88% over the past year to $0.70, which were in line with the estimate of $0.70.

Revenue of $40,083,000 higher by 24.14% year over year, which beat the estimate of $30,040,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Price Action

Company's 52-week high was at $39.00

52-week low: $14.86

Price action over last quarter: Up 14.38%

Company Overview

Franklin Financial Network Inc operates as the holding company for Franklin Synergy Bank that provides various banking and related financial services to small businesses, corporate entities, local governments, and individuals in the United States. Its deposit products include demand, interest-bearing transaction accounts, money market accounts, certificates of deposit, municipal deposits, savings, and deposit accounts. The company also provides consumer lending solutions, including first mortgage real estate loans, home equity loans, and other personal loans; small business administration, and commercial and industrial loans; and single-family residential mortgage loans and construction loans for residential and commercial purposes.