Franklin Financial Network Inc (NYSE:FSB) Lowers The 52 Week Low

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Shipwreck freeimages.com/Roger Buser
Shipwreck freeimages.com/Roger Buser

Franklin Financial Network Inc (NYSE:FSB)

December 6th, 2018
Franklin Financial Network Inc finished Thursday’s trading session down 1.60%, a $0.48 decrease to close on $29.52. As well as the drop in value, Franklin Financial Network Inc hit a new 52 week low of $29.00, breaking the previous low of $29.94 from earlier this month.

FSB was outperformed by the rest of the Financials sector which went down just 1.44%.

Analysis results from 5 analysts indicates that Franklin Financial Network Inc could grow significantly (20%), while Finbox has calculated (with very high uncertainty) a fair value price of $32.93.

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.66%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 12%. The biggest loss this year has been the Materials sector dropping 12%.

Communication Services saw the biggest turnaround from its 5-day performance of -1.28%, as it went up 1.04%. Utilities saw a turn around from its 5-day performance of 2.33% trading down 0.10%.

Sector Breakdown

  • Real Estate went up with a 2.66% change.
  • Communication Services went up with a 1.04% change.
  • Consumer Discretionary went up with a 0.61% change.
  • Information Technology went up with a 0.23% change.
  • Utilities went down with a -0.10% change.
  • Consumer Staples went down with a -0.10% change.
  • Healthcare went down with a -0.31% change.
  • Industrials went down with a -0.55% change.
  • Materials went down with a -1.36% change.
  • Financials went down with a -1.44% change.
  • Energy went down with a -1.77% change.

Franklin Financial Network Inc Info

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. The company’s 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. In addition, it offers wealth management/trust services; and retirement planning, financial planning, investment services, and insurance products. The company operates through 13 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.

All amounts in USD unless otherwise indicated

FSB daily update
FSB daily update


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