India, July 24 -- On Friday, Franklin Financial Services Corp. (FRAF) reported higher earnings in the second quarter, reflecting higher revenue compared to the prior year. The company also reported an increase in non-performing assets. On Nasdaq, the shares were trading 2.52 percent down at $61.24.
Profit for the period rose 11.9 percent to $6.61 million, from $5.91 million in the previous year. Earnings per share went up to $1.47, from $1.32 in the prior year.
Net interest income for the second quarter increased 12.2 percent to $19.35 million, from $17.24 million a year ago.
Total interest income for the period climbed to $28.93 million, from $28.60 million in the previous year.
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