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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Fulton Financial (FULT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

What Makes Fulton Financial (FULT) a New Strong Buy Stock

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.

Should Value Investors Buy Fulton Financial (FULT) Stock?

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Are Investors Undervaluing Fulton Financial (FULT) Right Now?

LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (Nasdaq: FULT) (Corporation) today announced that Betsy Chivinski (Chivinski) has been named interim chief financial officer (CFO), replacing Mark McCollom who resigned from Fulton Financial on February 8, 2024. In a related announcement, Atul Malhotra (Malhotra) has been promoted to chief risk officer (CRO) to succeed Chivinski in that role. Both changes are effective immediately. Previously chief risk officer, Chivinski will now se.

Fulton Financial Corporation Names Betsy Chivinski as Interim Chief Financial Officer and Atul Malhotra as Chief Risk Officer

Fulton Financial Corporation is a small regional bank with a market capitalization of $2.67 billion. The bank has a wide reach, with customers spread across 534,000 households and 744,000 deposit accounts. While the bank has shown decent growth in deposits and loans, its bottom line has struggled to see significant increases.

Fulton Financial: A Decent Prospect In The Banking Sector

Fulton Financial Corporation (FULT) Q4 2023 Earnings Call Transcript

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

Fulton Financial (FULT) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (NASDAQ: FULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $61.7 million, or $0.37 per diluted share, for the fourth quarter of 2023, a decrease of $7.8 million, or 11.3%, in comparison to the third quarter of 2023. Operating net income available to common shareholders for the three months ended December 31, 2023 was $68.8 million, or $0.42 per diluted share(1). For the year ended December.

Fulton Financial Corporation Announces Fourth Quarter and Full-Year 2023 Results

Fulton Financial (FULT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Fulton Financial (FULT)

Fulton (FULT) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Fulton (FULT) Stock Might be a Great Pick

Besides Wall Street's top -and-bottom-line estimates for Fulton Financial (FULT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Fulton Financial (FULT) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Fulton Financial (FULT) possesses 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) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that it will distribute its fourth quarter 2023 earnings release and accompanying charts on Tuesday, January 16, at approximately 4:30 p.m. Eastern Time. Fulton will host a conference call with analysts on Wednesday, January 17, 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 li.

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

Fulton Financial (FULT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Fulton Financial (FULT) Beat Estimates Again in Its Next Earnings Report?

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With the Fed widely expected to cut policy rates this year, interest rates are broadly forecast to fall, and Financial stocks are set up to benefit considerably from this shifting dynamic. Banks in particular, which hold large securities portfolios, made up primarily of fixed income would benefit significantly as those assets should rally in response to a decline in interest rates.

Zacks Insights: This Sector is Dominating the Top-Ranks

LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation named Angela Snyder as President of Fulton and Fulton Bank, N.A. and a director of Fulton Bank, effective Jan. 1, 2024.

Fulton Financial Corporation Names Angela Snyder as President

Fulton (FULT) announces a 6.3% increase in its dividend payout along with a new share repurchase plan. Regular capital distribution initiatives are likely to enhance shareholder value.

Fulton (FULT) Announces Dividend Hike, New Repurchase Plan

LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of seventeen cents per share on its common stock, payable on January 12, 2024, to shareholders of record as of January 2, 2024. This is a one cent per share increase from the quarterly cash dividend that the Board declared on September 19, 2023. In addition, Fulton announced that the Board declared a quarterly divide.

Fulton Financial Corporation Announces Increased Common Stock Dividend, Preferred Stock Dividend and $125 Million Repurchase Program

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Fulton Financial (FULT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Fulton Financial (FULT) Moves to Buy: Rationale Behind the Upgrade

Fulton Financial Corporation (NASDAQ:FULT ) Q3 2023 Earnings Conference Call October 18, 2023 10:00 AM ET Company Participants Matt Jozwiak - Director of IR Curtis Myers - Chairman and CEO Mark McCollom - CFO Conference Call Participants Chris McGratty - KBW Feddie Strickland - Janney Montgomery David Bishop - Hovde Group Manuel Navas - D.A. Davidson Matthew Breese - Stephens Frank Schiraldi - Piper Sandler Operator Ladies and gentlemen, thank you for standing by.

Fulton Financial Corporation (FULT) Q3 2023 Earnings Call Transcript

Fulton Financial (FULT) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.48 per share a year ago.

Fulton Financial (FULT) Beats Q3 Earnings and Revenue Estimates

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

News for Fulton Financial Stock (FULT)