Franklin Synergy Bank

Founded in November 2007, Franklin Synergy Bank currently has six offices in Williamson County and five offices in Rutherford County. The bank provides deposit and loan products, treasury management and financial planning services for consumers and businesses. Franklin Synergy earned its first profit in 2009, after just five quarters of operation. Deposits surpassed $1 billion in July 2014, upon the acquisition of Rutherford County’s MidSouth Bank.

Recent FDIC deposit share of market data shows that Franklin Synergy Bank has grown to the deposit market share leader doing business in Williamson County.

Company Growth (employees)
Type
Public
HQ
Franklin, US
Founded
2007
Size (employees)
267 (est)+20%
Franklin Synergy Bank was founded in 2007 and is headquartered in Franklin, US

Franklin Synergy Bank Office Locations

Franklin Synergy Bank has an office in Franklin
Franklin, US (HQ)
722 Columbia Ave

Franklin Synergy Bank Financials and Metrics

Franklin Synergy Bank Financials

Franklin Synergy Bank's revenue was reported to be $34.5 m in Q1, 2017
USD

Revenue (Q1, 2017)

34.5 m

Gross profit (Q1, 2017)

27.7 m

Gross profit margin (Q1, 2017), %

80%

Net income (Q1, 2017)

7.9 m

EBIT (Q1, 2017)

21.8 m

Market capitalization (19-Oct-2017)

482.3 m
Franklin Synergy Bank's current market capitalization is $482.3 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

53.4 m81.6 m115 m

Revenue growth, %

53%41%

Cost of goods sold

18.3 m

Gross profit

96.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

18.3 m23.1 m25.6 m28.9 m30.6 m34.5 m

Cost of goods sold

1.4 m1.6 m2.1 m2.6 m3.3 m4.4 m5 m6.9 m

Gross profit

16.2 m20.5 m22.4 m24.6 m25.6 m27.7 m

Gross profit Margin, %

89%89%87%85%84%80%
USDFY, 2016

Inventories

1.8 b

PP&E

9.6 m

Goodwill

9.1 m

Total Assets

2.9 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Inventories

485.6 m719.3 m874.5 m962.2 m1.1 b1.4 b1.6 b1.7 b1.9 b

PP&E

5.8 m13.1 m9.7 m9.6 m9.4 m8.1 m8.4 m8.8 m10.2 m

Goodwill

157 k9.1 m9.1 m9.1 m9.1 m9.1 m9.1 m9.1 m9.1 m

Total Assets

872.1 m1.2 b1.5 b1.8 b2 b2.3 b2.6 b2.7 b3.5 b
USDFY, 2016

Net Income

28.1 m

Cash From Operating Activities

28.2 m

Cash From Investing Activities

(741.9 m)

Dividends Paid

(23 k)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

2 m2 m1.5 m3.1 m5.2 m6.2 m13.2 m20.3 m7.9 m

Accounts Receivable

2.5 m3.4 m

Accounts Payable

374 k437 k

Cash From Operating Activities

13.8 m13.9 m17.8 m27.4 m
USDY, 2017

Revenue/Employee

154.2 k

Financial Leverage

12.4 x
Show all financial metrics

Franklin Synergy Bank Operating Metrics

Franklin Synergy Bank's Total Loans Issued was reported to be $2 b in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Total Loans Issued

$787.19 m$874.54 m$962.19 m$1.12 b$1.3 b$1.42 b$1.55 b$1.65 b$1.77 b$1.95 b$2.01 b

Non-accrual Loans

$835 k$853 k$947 k$835 k$908 k$876 k$1.49 m$1.45 m$3.63 m$3.35 m$3.37 m

Non-performing Loans

$1.15 m$1.19 m$947 k$835 k$3.29 m$1.73 m$1.61 m$1.6 m$6.18 m$4.04 m$3.9 m

Bank Branches

111212
Show all operating metrics

Franklin Synergy Bank Market Value History

Traffic Overview of Franklin Synergy Bank

Franklin Synergy Bank Online and Social Media Presence

Franklin Synergy Bank Company Life and Culture

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