Franklin Financial Services (FRAF) Revenue & Revenue Breakdown
Franklin Financial Services Revenue Highlights
Latest Revenue (Y)
$91.60M
Latest Revenue (Q)
$29.08M
Main Segment (Y)
Asset Management Fees
Franklin Financial Services Revenue by Period
Franklin Financial Services Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $91.60M | 40.04% |
| 2022-12-31 | $65.41M | 7.09% |
| 2021-12-31 | $61.08M | 9.15% |
| 2020-12-31 | $55.96M | -1.00% |
| 2019-12-31 | $56.52M | 8.10% |
| 2018-12-31 | $52.28M | 7.53% |
| 2017-12-31 | $48.62M | 6.90% |
| 2016-12-31 | $45.48M | 3.22% |
| 2015-12-31 | $44.07M | 5.56% |
| 2014-12-31 | $41.74M | 2.23% |
| 2013-12-31 | $40.84M | -0.58% |
| 2012-12-31 | $41.07M | -4.65% |
| 2011-12-31 | $43.08M | 7.14% |
| 2010-12-31 | $40.21M | 4.75% |
| 2009-12-31 | $38.38M | 4.71% |
| 2008-12-31 | $36.66M | 2.19% |
| 2007-12-31 | $35.87M | 22.83% |
| 2006-12-31 | $29.20M | 19.04% |
| 2005-12-31 | $24.53M | 6.28% |
| 2004-12-31 | $23.08M | -2.05% |
| 2003-12-31 | $23.57M | 9.66% |
| 2002-12-31 | $21.49M | 1.31% |
| 2001-12-31 | $21.21M | 8.33% |
| 2000-12-31 | $19.58M | 3.60% |
| 1999-12-31 | $18.90M | 210.29% |
| 1998-12-31 | $6.09M | 16.20% |
| 1997-12-31 | $5.24M | 19.68% |
| 1996-12-31 | $4.38M | 18.31% |
| 1995-12-31 | $3.70M | - |
Franklin Financial Services generated $91.60M in revenue during NA 2023, up 40.04% compared to the previous quarter, and up 175.19% compared to the same period a year ago.
Franklin Financial Services Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $29.08M | 3.73% |
| 2024-03-31 | $28.04M | 9.69% |
| 2023-12-31 | $25.56M | 44.25% |
| 2023-09-30 | $17.72M | 7.94% |
| 2023-06-30 | $16.42M | 4.12% |
| 2023-03-31 | $15.77M | -11.67% |
| 2022-12-31 | $17.85M | 2.79% |
| 2022-09-30 | $17.37M | 9.63% |
| 2022-06-30 | $15.84M | 10.43% |
| 2022-03-31 | $14.35M | -8.39% |
| 2021-12-31 | $15.66M | 0.01% |
| 2021-09-30 | $15.66M | 4.51% |
| 2021-06-30 | $14.98M | 1.41% |
| 2021-03-31 | $14.78M | -0.93% |
| 2020-12-31 | $14.91M | 8.85% |
| 2020-09-30 | $13.70M | 1.75% |
| 2020-06-30 | $13.46M | -2.97% |
| 2020-03-31 | $13.88M | -8.79% |
| 2019-12-31 | $15.21M | 8.23% |
| 2019-09-30 | $14.06M | 0.32% |
| 2019-06-30 | $14.01M | 5.86% |
| 2019-03-31 | $13.24M | -1.08% |
| 2018-12-31 | $13.38M | 1.24% |
| 2018-09-30 | $13.22M | 1.02% |
| 2018-06-30 | $13.08M | 3.81% |
| 2018-03-31 | $12.60M | 1.19% |
| 2017-12-31 | $12.46M | 1.96% |
| 2017-09-30 | $12.21M | -0.54% |
| 2017-06-30 | $12.28M | 5.22% |
| 2017-03-31 | $11.67M | -0.54% |
| 2016-12-31 | $11.73M | 3.17% |
| 2016-09-30 | $11.37M | 2.51% |
| 2016-06-30 | $11.10M | -1.61% |
| 2016-03-31 | $11.28M | 1.42% |
| 2015-12-31 | $11.12M | 3.88% |
| 2015-09-30 | $10.71M | -1.69% |
| 2015-06-30 | $10.89M | -4.06% |
| 2015-03-31 | $11.35M | 7.47% |
| 2014-12-31 | $10.56M | -0.47% |
| 2014-09-30 | $10.61M | -0.16% |
| 2014-06-30 | $10.63M | 6.87% |
| 2014-03-31 | $9.95M | -6.44% |
| 2013-12-31 | $10.63M | 2.93% |
| 2013-09-30 | $10.33M | 5.20% |
| 2013-06-30 | $9.82M | -2.45% |
| 2013-03-31 | $10.06M | 5.40% |
| 2012-12-31 | $9.55M | -7.27% |
| 2012-09-30 | $10.29M | -3.64% |
| 2012-06-30 | $10.68M | 1.30% |
| 2012-03-31 | $10.55M | 126.82% |
| 2011-12-31 | $4.65M | -63.88% |
| 2011-09-30 | $12.87M | 21.82% |
| 2011-06-30 | $10.57M | 1.43% |
| 2011-03-31 | $10.42M | 0.61% |
| 2010-12-31 | $10.35M | 5.37% |
| 2010-09-30 | $9.83M | -2.59% |
| 2010-06-30 | $10.09M | 1.48% |
| 2010-03-31 | $9.94M | 4.58% |
| 2009-12-31 | $9.51M | 3.04% |
| 2009-09-30 | $9.22M | -7.19% |
| 2009-06-30 | $9.94M | 2.32% |
| 2009-03-31 | $9.71M | 33.39% |
| 2008-12-31 | $7.28M | -25.07% |
| 2008-09-30 | $9.72M | 0.14% |
| 2008-06-30 | $9.71M | 1.99% |
| 2008-03-31 | $9.52M | -0.25% |
| 2007-12-31 | $9.54M | - |
Franklin Financial Services generated $29.08M in revenue during Q2 2024, up 3.73% compared to the previous quarter, and up 184.44% compared to the same period a year ago.
Franklin Financial Services Revenue Breakdown
Franklin Financial Services Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Estate Management Services Fees | $295.00K | $498.00K | $454.00K | $194.00K | $365.00K |
| Asset Management Fees | $6.89M | $6.50M | $6.50M | $5.60M | $5.50M |
| Commision | $328.00K | $169.00K | $164.00K | $212.00K | $234.00K |
Franklin Financial Services's latest annual revenue breakdown by segment (product or service), as of Dec 23: Asset Management Fees (91.71%), Commision (4.37%), and Estate Management Services Fees (3.93%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Commision | $106.00K | $111.00K | $58.00K | $54.00K | $105.00K | $65.00K | $29.00K | $45.00K | $31.00K | $46.00K | $34.00K | $48.00K | $37.00K | $50.00K | $39.00K | $49.00K | $74.00K | $57.00K | $42.00K | $67.00K |
| Estate Management Services Fees | $87.00K | $77.00K | $65.00K | $61.00K | $92.00K | $83.00K | $113.00K | $129.00K | $173.00K | $141.00K | $130.00K | $99.00K | $84.00K | $76.00K | $45.00K | $40.00K | $33.00K | $106.00K | $105.00K | $84.00K |
| Asset Management Fees | $1.83M | $1.78M | $1.66M | $1.84M | $1.60M | $1.60M | $1.50M | $1.70M | $1.60M | $1.60M | $1.60M | $1.80M | $1.50M | $1.40M | $1.30M | $1.50M | $1.30M | $1.40M | $1.30M | $1.50M |
Franklin Financial Services's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Asset Management Fees (90.47%), Commision (5.23%), and Estate Management Services Fees (4.29%).
Franklin Financial Services Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| MPB | Mid Penn Bancorp | $236.34M | $76.53M |
| CVLY | Codorus Valley Bancorp | $129.76M | $34.02M |
| ACNB | ACNB | $115.08M | $33.30M |
| FNWD | Finward Bancorp | $96.53M | $24.70M |
| FRAF | Franklin Financial Services | $91.60M | $29.08M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| SFBC | Sound Financial Bancorp | $55.60M | $8.72M |
| AFBI | Affinity Bancshares | $45.17M | $12.93M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| MGYR | Magyar Bancorp | $30.42M | $12.74M |
| HVBC | HV Bancorp | $25.74M | $6.58M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $23.45M | $8.40M |
| OFED | Oconee Federal Financial | $16.61M | $3.21M |
FRAF Revenue FAQ
What is Franklin Financial Services’s yearly revenue?
Franklin Financial Services's yearly revenue for 2023 was $91.6M, representing an increase of 40.04% compared to 2022. The company's yearly revenue for 2022 was $65.41M, representing an increase of 7.09% compared to 2021. FRAF's yearly revenue for 2021 was $61.08M, representing an increase of 9.15% compared to 2020.
What is Franklin Financial Services’s quarterly revenue?
Franklin Financial Services's quarterly revenue for Q2 2024 was $29.08M, a 3.73% increase from the previous quarter (Q1 2024), and a 77.15% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $28.04M, a 9.69% increase from the previous quarter (Q4 2023), and a 77.81% increase year-over-year (Q1 2023). FRAF's quarterly revenue for Q4 2023 was $25.56M, a 44.25% increase from the previous quarter (Q3 2023), and a 43.19% increase year-over-year (Q4 2022).
What is Franklin Financial Services’s revenue growth rate?
Franklin Financial Services's revenue growth rate for the last 3 years (2021-2023) was 49.97%, and for the last 5 years (2019-2023) was 62.06%.
What are Franklin Financial Services’s revenue streams?
Franklin Financial Services's revenue streams in c 23 are Estate Management Services Fees, Asset Management Fees, and Commision. Estate Management Services Fees generated $295K in revenue, accounting 3.93% of the company's total revenue, down -40.76% year-over-year. Asset Management Fees generated $6.89M in revenue, accounting 91.71% of the company's total revenue, up 5.98% year-over-year. Commision generated $328K in revenue, accounting 4.37% of the company's total revenue, up 94.08% year-over-year.
What is Franklin Financial Services’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Franklin Financial Services was Asset Management Fees. This segment made a revenue of $6.89M, representing 91.71% of the company's total revenue.