Fulton Financial

Fulton Financial Corp. is financial holding company, which through its subsidiaries, engages in the provision of consumer and commercial banking products and services. It offers checking account and savings deposit products, certificates of deposit and individual retirement accounts. The company also offers investment management, trust, brokerage, insurance and investment advisory services to consumer and commercial banking customers in the market areas serviced by the subsidiary banks. The company was founded on February 8, 1982 and is headquartered in Lancaster, PA.

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Earnings data Q4 2024

Fulton Financial achieves record earnings, eyes cost savings and expansion

Fulton Financial delivered strong financial performance in Q4 2022, marked by record operating earnings and robust loan portfolio growth. While facing challenges from rising expenses and credit provisions, the company is strategically positioned to capitalize on opportunities for cost savings and expansion. With a focus on operational efficiency and growth through M&A, Fulton Financial aims to navigate evolving market conditions effectively.

Fulton Financial posts strong Q1 earnings, eyes growth opportunities

Fulton Financial (FULT) delivered strong Q1 2023 performance with earnings of $0.39 per share and robust pre-provision net revenue. The company showcased resilience in its community banking model and balance sheet strength.
While facing challenges like credit charge-downs and funding base fluctuations, Fulton Financial remains focused on optimizing operational efficiency and credit risk management. Opportunities in revenue diversification and capital optimization are key for future growth.
Guidance for 2023 sets a clear path for financial metrics, and strategies to navigate economic changes were well-articulated. Analyst inquiries highlighted a keen interest in the company's financial strategies and risk management practices.

Fulton Financial excels in Q2 2023, eyes M&A opportunities

Fulton Financial delivered a robust performance in Q2 2023, marked by strong earnings, healthy balance sheet, and stable credit metrics.
While facing challenges in expense management and margin sustainability, the company is well-positioned to capitalize on growth opportunities through M&A and asset quality optimization.
By focusing on core deposit growth, fee income diversification, and strategic responses to regulatory guidance, Fulton Financial aims to navigate evolving market conditions effectively.

Fulton Financial reports stable Q3 earnings amidst strategic growth plans

Fulton Financial's Q3 performance showcased stable earnings, strong asset quality, and strategic growth initiatives. Despite challenges like moderating loan growth and expense management focus, the company's focus on deposit growth and credit quality stability are key strengths. Opportunities lie in geographic expansion and network management.

Fulton Financial reports robust 2023 performance amidst economic caution

Fulton Financial's strong 2023 performance was marked by record revenue and solid operating EPS, supported by strategic investments in digital and community impact.
While challenges like weakening credit trends and deposit pricing pressure persist, the company is focused on operational efficiency and growth opportunities.
The company's cautious outlook for 2024 reflects awareness of economic conditions, but they remain proactive in addressing challenges and pursuing strategic initiatives.
Investors and analysts are keen on understanding the company's M&A strategy, NIM expectations, and expense management plans for the upcoming year.

Fulton Financial reports solid Q1 earnings, focuses on growth and transformation

Fulton Financial's Q1 2024 performance reflects a balanced approach to growth, liquidity management, and prudent credit decisions.
The company's strategic initiatives like Fulton First and fee income optimization position it well for future growth and operational efficiency.
Challenges from criticized loans and economic impacts present opportunities for Fulton Financial to adapt and strengthen its position in the market.

Fulton Financial surpasses Q2 earnings expectations, eyes growth opportunities

Fulton Financial delivered impressive Q2 2024 results, exceeding earnings expectations and showcasing strong balance sheet growth and operational efficiency.
While facing challenges in clarifying certain financial aspects, the company's focus on strategic initiatives and revised guidance signal confidence in sustained performance.
Opportunities lie in leveraging operational synergies, market expansion, and transparent communication to drive growth and enhance shareholder value in the evolving financial landscape.

Fulton Financial reports record earnings, eyes growth amid challenges

Fulton Financial delivered strong financial performance in Q3 2024, driven by record operating earnings and strategic initiatives.
While facing challenges such as increased nonperforming loans and expense management, the bank remains focused on growth opportunities.
With a solid capital strategy, prudent cost management, and a focus on customer relationships, Fulton Financial is poised for continued success.
The bank's emphasis on efficiency improvements and growth through acquisitions positions it well for future expansion and profitability.

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LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (NASDAQ: FULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $69.5 million, or $0.42 per diluted share, for the third quarter of 2023, a decrease of $7.5 million, or 9.7%, in comparison to the second quarter of 2023. Operating net income available to common shareholders for the three months ended September 30, 2023 was $72.2 million, or $0.43 per diluted share(1). For the nine months ended Se.

Fulton Financial Corporation Announces Third Quarter 2023 Results

LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that it will distribute its third quarter 2023 earnings release and accompanying charts on Tuesday, October 17, at approximately 4:30 p.m. Eastern Time. Fulton will host a conference call with analysts on Wednesday, October 18, at 10 a.m. Eastern Time. Curtis J. Myers, Chairman and CEO, will host the call. He will be joined by Mark R. McCollom, Senior Executive Vice President and CFO. The lin.

Fulton Financial Corporation Announces Dates for Third Quarter 2023 Earnings Release and Webcast

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Fulton Financial (FULT) Stock Undervalued Right Now?

LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation declared a quarterly cash dividend of $0.16 per share on its common stock, payable on October 13, 2023.

Fulton Financial Corporation Declares Quarterly Common and Preferred Dividends

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We received $941 in July dividend income. This was a 34.95% dividend increase compared to July 2022. One interesting benefit of moving the funds into VOO is that they pay dividends in an “off month” several times during the year. The Fulton July dividend has more than doubled since January and the Huntington dividend has grown over 50% in the same time period.

Bert's July 2023 Dividend Income Summary

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Moody's cuts ratings of 10 U.S. banks and puts some big names on downgrade watch

Fulton Financial Corporation's share price is down over 20% YTD, but the company's recent performance shows resilience and potential for growth in a higher interest environment. The company's dividend yield is currently at 4.7% and its loan portfolio, valued at over $21 billion, is growing despite the current economic climate. Despite trading slightly above the target price, Fulton Financial Corporation is considered a good investment due to its solid management and potential for future gains.

Fulton Financial: Deposit Accounts Grow As Q2 Report Satisfies

Fulton Financial Corporation (NASDAQ:FULT ) Q2 2023 Earnings Conference Call July 19, 2023 10:00 AM ET Company Participants Matt Jozwiak - Director of Investor Relations Curtis Myers - Chairman and Chief Executive Officer Mark McCollom - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Frank Schiraldi - Piper Sandler & Co. Daniel Tamayo - Raymond James & Associates, Inc. Christopher McGratty - Keefe, Bruyette, & Woods, Inc. David Bishop - Hovde Group, LLC Feddie Strickland - Janney Montgomery Scott LLC Manuel Navas - D.A. Davidson & Co. Matthew Breese - Stephens Inc. Operator Good day, and thank you for standing by.

Fulton Financial Corporation (FULT) Q2 2023 Earnings Call Transcript

Fulton Financial (FULT) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.42 per share a year ago.

Fulton Financial (FULT) Q2 Earnings and Revenues Surpass Estimates

While the top- and bottom-line numbers for Fulton Financial (FULT) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Fulton Financial (FULT) Q2 Earnings: A Look at Key Metrics

LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (NASDAQ:FULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $77.0 million, or $0.46 per diluted share, for the second quarter of 2023, an increase of $11.3 million, or 17.2%, in comparison to the first quarter of 2023. Operating net income available to common shareholders was $77.8 million, or $0.47 per diluted share(1). For the six months ended June 30, 2023, net income available to sharehol.

Fulton Financial Corporation Announces Second Quarter 2023 Results

LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Bank, N.A., a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), today announced that Ashley DeLong and Yazlin Moujalled have been chosen to each receive a $3,000 scholarship. The scholarships were awarded by Fulton's Women in Technology employee resource group to women studying in the science, technology, engineering or mathematics (STEM) fields. Both recipients will be attending undergraduate programs in the fall: Ashley DeLong is from Fleetwood.

Fulton Bank Announces Recipients of Two $3,000 Women in Technology Scholarships

Fulton Financial (FULT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Fulton Financial (FULT) Earnings Expected to Grow: Should You Buy?

LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (Nasdaq: FULT) today announced that the company will distribute its second quarter 2023 earnings release and accompanying charts on Tuesday, July 18, at approximately 4:30 p.m. Eastern Time. The Corporation will host its quarterly conference call with analysts who cover the company on Wednesday, July 19, at 10:00 a.m. Eastern Time. Curtis J. Myers, Chairman and Chief Executive Officer, will host the call. He will be joined by Mark R.

Fulton Financial Corporation Announces Dates for Second Quarter 2023 Earnings Release and Webcast

Fulton Financial (FULT) announces a 6.7% increase in its dividend. Regular dividend hikes are likely to enhance shareholder value.

Fulton Financial (FULT) Announces 6.7% Increase in Dividend

LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (NASDAQ: FULT) today announced that Karthik Sridharan has joined as Senior Executive Vice President, Chief Operations and Technology Officer. Sridharan will be responsible for leading a team of information technology and operations professionals focused on leveraging leading technology to provide the best digital customer experience at Fulton Bank. “I'm confident Karthik is the right person to take our digital capabilities to the nex.

Fulton Financial Corporation Names Karthik Sridharan as Chief Operations and Technology Officer

First Republic

About a day before First Republic Bank FRCB went bust, bought $3 strike puts on it. I wrote this on my trading Substack afterwards, at the beginning of this month:

Looking For The Next First Republic Bank - Fulton Financial (NASDAQ:FULT), First Republic Bank (OTC:FRCB)

News for Fulton Financial Stock (FULT)