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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CareTrust REIT

Dollar General

Horizon

Independent Bank

Investar Hhld

Medifast

MGM Growth Properties

Realty Income Corp

Shoe Carnival

WD-40

Williams-Sonoma

This article series provides a weekly summary of dividend changes. A table with relevant data and key statistics of dividend increases is provided.

Dividend Increases: March 13-19, 2021

AMERISAFE

Avnet

Bank of America

BWX Technologies

CNO Financial Group

CyrusOne

CRA International

Danaher

Dick's Sporting Goods

Exponent

First Financial Northwest

Comfort Systems USA

First Midwest Bancorp

W. R. Grace & Co.

Great Southern Bancorp

Getty Realty

Hackett Group

Hurco Companies

Innovative Industrial Properties

Kimball International

A weekly summary of dividend activity for Dividend Challengers. Companies which changed their dividends.

Dividend Challenger Highlights: Week Of March 21

Fulton Financial (FULT) announces a 7.7% hike in quarterly dividend.

Fulton Financial (FULT) Rewards Shareholders With Dividend Hike

LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (“Fulton” or the “Company”) (Nasdaq: FULT) announced today that it has commenced a cash tender offer (the “Offer”) to purchase its 4.500% Subordinated Notes due 2024 (the “Subordinated Notes”) and its 3.60% Senior Notes due 2022 (the “Senior Notes” and, together with the Subordinated Notes, the “Notes” and each a “Series” of Notes) up to the maximum aggregate principal amount (each a “Tender Cap”) specified in the table below. The Of

Fulton Financial Corporation Commences Offer to Purchase Certain of Its Outstanding Debt Securities

As of late, it has definitely been a great time to be an investor in Fulton Financial (FULT).

Fulton Financial's (FULT) Shares March Higher, Can It Continue?

Fulton Financial's (FULT) robust liquidity position results in ratings affirmation by Moody's.

Fulton Financial (FULT) Ratings and Outlook Affirmed by Moody's

American National Bankshares

Camden National

Invesco

Top Ranked Income Stocks to Buy for February 26th

Fulton Financial: Expense Control To Help Earnings Recover

Fulton Financial Corporation (FULT) CEO Phil Wenger on Q4 2020 Results - Earnings Call Transcript

Shares of Fulton Financial (NASDAQ:FULT) fell 1.69% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 9.09% over the past year to $0.30, which missed the estimate of $0.31.

Fulton Financial: Q4 Earnings Insights

LANCASTER, Pa,--(BUSINESS WIRE)--Fulton Financial Corporation (NASDAQ:FULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $49 million, or $0.30 per diluted share, for the fourth quarter of 2020 and $176 million, or $1.08 per diluted share, for the year ended December 31, 2020. “We were pleased with our company's achievements for the 4th quarter and for the year as a whole, given the challenges presented by the lingering presence of COVID-19,” said E. Ph

Fulton Financial Announces Fourth Quarter and 2020 Results

Alcoa

Bank OZK

United Community Banks

Umpqua Holdings

Webster Financial

Six mid-cap stocks with a favorable Zacks Rank are poised to beat on fourth-quarter earnings this week. These are: AA, UMPQ, WBS, OZK, FULT and UCBI.

Top 6 Mid-Cap Stocks Set to Beat Earnings Estimate This Week

Fulton Financial (FULT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Moving Higher for Fulton Financial (FULT): Time to Buy?

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.

Earnings Preview: Fulton Financial (FULT) Q4 Earnings Expected to Decline

LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (Nasdaq: FULT) today announced that it will distribute its fourth quarter/year-end 2020 earnings news release and accompanying charts on Tuesday, January 19 at approximately 4:30 p.m. Eastern Time. The Corporation will host its quarterly conference call with analysts who cover the company on Wednesday, January 20, at 10:00 a.m. Eastern Time. E. Philip Wenger, Chairman and Chief Executive Officer, will host the call. He will be joined

Fulton Financial Corporation Announces Dates for Fourth Quarter/Year-End 2020 Earnings Release and Webcast

Associated Banc-Corp

First Horizon National

Northwest Bancshares

Trustmark

With the improvement in operating backdrop, banks are likely to witness a turnaround. Let's check Associated Banc-Corp (ASB), First Horizon (FHN), Fulton (FULT), Northwest (NWBI) and Trustmark (TRMK) as they are likely to record reversal in price in 2021.

5 Beaten-Down Bank Stocks to Buy for a Turnaround in 2021

Fulton Financial Corporation (FULT) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Moving Average Crossover Alert: Fulton Financial (FULT)

Fulton Financial's (FULT) special dividend is set to enhance shareholder value.

Fulton Financial (FULT) Rewards Investors With Special Dividend

LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Bank, N.A., a subsidiary of Fulton Financial Corporation (NASDAQ: FULT) based in Lancaster, PA, today announced that it has acquired all outstanding stock of BenefitWorks, Inc., a registered investment advisor and retirement services firm in central Pennsylvania. The transaction was completed on November 20, 2020. The terms of the agreement have not been disclosed. BenefitWorks is located in Lebanon, PA. The company was founded more than 35 years ago as T

Fulton Bank, N.A. Purchases the Outstanding Stock of BenefitWorks

Ameris Bancorp

Commerce Bancshares

Canadian Imperial Bank of Commerce

Fifth Third Bancorp

With consumer borrowing ticking up in September and credit card borrowings and vehicle loans gaining steam, it might be prudent to look at prominent banking names like Ameris Bancorp (ABCB) and Fulton Financial (FULT).

5 Banks to Gain From an Increase in Consumer Borrowing

LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (NASDAQ: FULT) (“Fulton”) today announced the pricing of its public offering of 8,000,000 depositary shares (the “depositary shares”), each representing a 1/40th interest in a share of Fulton's 5.125% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, with a liquidation preference of $1,000 per share (equivalent to $25.00 per depositary share), for an aggregate offering amount of $200 million. Fulton has applied to list t

Fulton Financial Announces Pricing of $200 Million Offering of Non-Cumulative Perpetual Preferred Stock Depositary Shares

Fulton Financial Corporation (FULT) CEO Phil Wenger on Q3 2020 Results - Earnings Call Transcript

Fulton Financial (FULT) delivered earnings and revenue surprises of 90.00% and 2.91%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Fulton Financial (FULT) Q3 Earnings and Revenues Beat Estimates

LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (NASDAQ: FULT) (“Fulton” or the “Corporation”) reported net income of $62 million, or $0.38 per diluted share, for the third quarter of 2020. “While it is still too early to fully assess the impact of COVID-19 on our regional economy, we were pleased that our third quarter produced stronger results than we had initially predicted in both our commercial and consumer lines of business,” said E. Philip Wenger, Chairman and CEO. “In part

Fulton Financial Announces Third Quarter Earnings

Near term margin expansion is likely, which should boost overall profitability.

Fulton Financial: Massively Discounted Valuation Coupled With An Above Average Dividend Yield

News for Fulton Financial Stock (FULT)