Franklin (NASDAQ:FNFN)
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Franklin Financial Corporation Announces Quarterly Dividend
FRANKLIN, Tenn., March 10 /PRNewswire-FirstCall/ -- Franklin Financial
Corporation (FFC), the parent company of Franklin National Bank, has declared a
$.0625 per share first quarter dividend to its shareholders, according to FFC
Chairman, President & CEO Gordon E. Inman. The record date for the cash
dividend is March 19, 2004, with payment scheduled for April 7, 2004.
Gordon E. Inman, Chairman, President & CEO, Franklin Financial Corporation,
comments, "Franklin Financial Corporation is pleased to post our 22nd
consecutive quarterly cash dividend. I am so proud of the performance of our
company, and I thank our dedicated employees and loyal customers that make our
company successful."
Franklin Financial Corporation is a financial services holding company and the
parent company of Franklin National Bank, Franklin Financial Mortgage and
Franklin Financial Securities. The common stock of Franklin Financial
Corporation is listed on the Nasdaq National Market under the symbol "FNFN". The
corporate website is located on the Internet at http://www.fnfn.net/ . Franklin
National Bank operates nine retail branches in Williamson, Davidson and Maury
counties and can be found on the Internetat http://www.franklinnetbranch.com/
.
As previously announced, Franklin Financial Corporation has entered into an
agreement to be acquired by Fifth Third Bancorp (NASDAQ:FITB) in a merger. The
parties expect to complete the merger during the second quarter of 2004. The
merger is subject to regulatory and shareholder approval.
THE STATEMENTS CONTAINED IN THIS RELEASE WHICH ARE NOT HISTORICAL FACTS ARE
FORWARD-LOOKING STATEMENTS MADE PURSUANT TO THE SAFE HARBOR PROVISIONS OF THE
PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. FORWARD-LOOKING STATEMENTS
DESCRIBING FRANKLIN FINANCIAL CORPORATION'S FUTURE PLANS, PROJECTIONS,
STRATEGIES AND EXPECTATIONS, ARE BASED ON ASSUMPTIONS AND INVOLVE A NUMBER OF
RISKS AND UNCERTAINTIES, MANY OF WHICH ARE BEYOND FRANKLIN FINANCIAL
CORPORATION'S CONTROL. ACTUAL RESULTS COULD DIFFER MATERIALLY FROM THOSE
PROJECTED DUE TO CHANGES IN INTEREST RATES, COMPETITION IN THE INDUSTRY, CHANGES
IN LOCAL AND NATIONAL ECONOMIC CONDITIONS AND VARIOUS OTHER FACTORS. ADDITIONAL
INFORMATION CONCERNING SUCH FACTORS, WHICH COULD AFFECT FRANKLIN FINANCIAL
CORPORATION, IS CONTAINED IN FRANKLIN FINANCIAL CORPORATION'S FILINGS WITH THE
SECURITIES AND EXCHANGE COMMISSION.
DATASOURCE: Franklin Financial Corporation
CONTACT: Kristy Williams, +1-615-595-5531, or David McCurrach,
+1-615-591-1059, both of Franklin Financial Corporation
Web site: http://www.franklinnetbranch.com/
http://www.fnfn.net/