Franklin Financial Network: 3Q Earnings Snapshot
Franklin Financial Network: 3Q Earnings Snapshot
FRANKLIN, Tenn. (AP) _ Franklin Financial Network Inc. (FSB) on Wednesday reported third-quarter net income of $10.5 million.
The bank, based in Franklin, Tennessee, said it had earnings of 70 cents per share.
The bank holding company posted revenue of $47.2 million in the period. Its revenue net of interest expense was $30 million, falling short of Street forecasts.
Franklin Financial Network shares have fallen roughly 1 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $33.78, a decrease of slightly more than 1 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FSB at https://www.zacks.com/ap/FSB