The company is expected to report earnings of $0.67/share on revenue of $32.906 million. The consensus earnings per share (EPS) of $0.67/share is based on a poll of 4 analysts and represents a growth of 9.0% over the same quarter last year when the company reported earnings of $0.61/share.
The revenue forecast of $32.906 million based on a poll of 2 analysts implies a year-over-year (YoY) growth of 24.0%. Last year the company reported $26.537 million in revenue for the quarter.
|Metric||Expected||Prior Year||YoY Change|
Earnings Call Trends
Historically, management has exceeded analyst expectations 5 out of the last 8 tracked quarters, missed 2 quarters, and met expectations 1 quarter.
What are your expectations from Franklin Financial Network for earnings this quarter? Let us know in the comments!
In the following table, we summarize the company’s stock price movements after earnings releases. The “Price Day Prior” column shows the closing stock price on the day before the earnings report, and the “Price Next Day” column shows the stock price at the end of the trading day after the earnings report.
After the last earnings report for the period ending September 30, 2019, the stock price reacted by increasing by 9.2%.
|Report Date||Price Day Prior||Price Next Day||Change %||Result|
Fundamentals And Technical Analysis
Franklin Financial Network is currently trading at $33.93/share, down -1.5% for the day. The company is trading at approximately 95.6% of its 52-week high of $35.49/share. The company’s stock price is up 0.5% since the last earnings report and up 0.4% over the previous week.
The company’s 14 Day Relative Price Index (RSI) of 57.68 suggests the company is trading in technically neutral territory. The RSI is considered overbought when above 70 and oversold when below 30.
Franklin Financial Network’s current share price also implies a price-to-book (P/B) multiple of 1.2x. The following table summarizes some other key fundamental ratios:
|Last Fiscal Period||FY2019.Q3|
|Period End Date||September 30, 2019|
|Stock Price (Current)||$33.93|
|P/E Ratio (Fwd)||14.7x|
|Total Debt to Capital (%)||39.6%|
|Levered Free Cash Flow||$15.921 million|
|Enterprise Value / EBITDA||–|
Company Profile: Franklin Financial Network, Inc.
Franklin Financial Network, Inc. is a small-cap stock with a market capitalization of $507.1 million. The company operates in the Financial sector and the Banks industry.
Franklin Financial Network, Inc. operates as the bank holding company for Franklin Synergy Bank that provides banking and related financial services to small businesses, corporate entities, local governments, and individuals. Its deposit products include checking, savings, and certificate of deposit accounts; and demand deposits, interest-bearing transaction accounts, money market accounts, and municipal deposits.
The company also provides construction and land development, commercial real estate, residential real estate, commercial and industrial, and consumer and other loans. In addition, it offers retirement planning, financial planning, and investment services, as well as insurance products; and Internet banking, remote deposit capture, lockbox, and treasury management services.
The company operates through 15 branches and a loan production office in the Williamson, Rutherford, and Davidson counties in the Nashville metropolitan area.
Franklin Financial Network, Inc. was founded in 2007 and is headquartered in Franklin, Tennessee.