What does gain from surrender of life insurance policy mean?

The gain recognized upon the surrender or termination of bank-owned life insurance policies. This represents a non-operating income event derived from the liquidation of corporate-owned insurance assets.

Franklin Financial Services Corporation FRAF Gain From Surrender Of Life Insurance Policy

Gain From Surrender Of Life Insurance Policy at other companies

First Mid Bancshares, Inc.FMBH

$0-100%

III

Insteel IndustriesIIIN

$3K—

Republic BancorpRBCAA

$185K—

Magyar BancorpMGYR

$166K+2.5%

Mid Penn BancorpMPB

$0-100%

Bar Harbor BanksharesBHB

$1.99M+224%

Other financials

Income statement

See full

Revenue$23.9M+18.4%

Net income$6.6M+69.2%

EPS (diluted)$1.48+68.2%

Balance sheet

See full

Cash & equivalents$210.8M-6.3%

Total debt$4.4M+3.3%

Total equity$178.7M+18.1%

Total assets$2.3B+1.8%

Cash flow

See full

Operating cash flow$24.1M+173%

CapEx--100%

Free cash flow$3.2M-16.6%

Valuation

See full

Market cap$281.26M+85.2%

Enterprise value$74.88M-261%

P/E11.8×+1.3×

P/S3×+1.1×

Profitability

See full

Net margin25.9%+10.0pp

FCF margin27.7%+0.7pp

Returns & leverage

See full

Return on equity14.5%+6.3pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Franklin Financial Services Corporation in its filing.

Tagged under the XBRL concept fraf:GainFromSurrenderOfLifeInsurancePolicy.

The official record: Franklin Financial Services Corporation’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

Ask your AI about Franklin Financial Services Corporation's gain from surrender of life insurance policy.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Franklin Financial Services Corporation's gain from surrender of life insurance policy?: Franklin Financial Services Corporation (FRAF) reported gain from surrender of life insurance policy of $351K in Q1 2026.
What does gain from surrender of life insurance policy mean?: The gain recognized upon the surrender or termination of bank-owned life insurance policies. This represents a non-operating income event derived from the liquidation of corporate-owned insurance assets.