Fulton Financial Corporation (FULT)
| Market Cap | 3.19B |
| Revenue (ttm) | 1.04B |
| Net Income (ttm) | 267.66M |
| Shares Out | 181.76M |
| EPS (ttm) | 1.61 |
| PE Ratio | 10.90 |
| Forward PE | 11.56 |
| Dividend | $0.68 (3.87%) |
| Ex-Dividend Date | Mar 28, 2024 |
| Volume | 254,284 |
| Open | 17.43 |
| Previous Close | 17.46 |
| Day's Range | 17.36 - 17.60 |
| 52-Week Range | 10.99 - 17.68 |
| Beta | 0.79 |
| Analysts | Hold |
| Price Target | 18.00 (+2.48%) |
| Earnings Date | Apr 16, 2024 |
About FULT
Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services in Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. The company offers consumer loans products, including home equity loans and lines of credit, automobile loans, personal lines of credit, and checking account overdraft protection; construction and jumbo residential mortgag... [Read more]
Financial Performance
In 2023, FULT's revenue was $1.03 billion, an increase of 4.81% compared to the previous year's $980.74 million. Earnings were $274.03 million, a decrease of -0.98%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for FULT stock is "Hold." The 12-month stock price forecast is $18.0, which is an increase of 2.48% from the latest price.
News
Fulton Bank Partners With Rider University on Banking Program for Students, Faculty & Alumni
LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Bank announced a partnership with Rider University to provide a banking program for its students, faculty, staff and alumni.
Fulton Financial Announces Closing of $287.5 Million Offering of Common Stock
LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced the closing of its public offering of 19,166,667 shares of its common stock (the “commo...
What You Need To Know About the First US Bank Failure of 2024
Fulton Financial (FULT) shares surged Monday after the bank said it acquired the debt and deposits of Philadelphia-based Republic First Bank following the first bank failure of 2024. Republic First Ba...
Fulton Financial rallies on plan to buy Republic First Bank — the first U.S. bank failure of 2024
Fulton Financial Corp.'s stock rallied Monday on plans by the bank to acquire Republic First Bank from the Federal Deposit Insurance Corp. in the year's first bank liquidation.
Fulton Financial Announces Pricing of $250 Million Offering of Common Stock
LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (NASDAQ: FULT) today announced the pricing of its public offering.
Fulton Financial Announces Launch of Common Stock Offering
LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (NASDAQ: FULT) today announced that it commenced an underwritten public offering of shares of its common stock.
Fulton Financial jumps after buying failed Republic First Bank's deposits, assets
Fulton Financial's shares jumped on Monday after it bought the deposits and assets of Republic First from the Federal Deposit Insurance Corporation, in what is the first U.S. bank failure of 2024.
Republic First Sold to Fulton in Latest Regional Bank Failure
Philadelphia-based lender Republic First Bancorp has been sold after being seized by regulators. Fulton Bank, another Pennsylvania financial institution, has agreed to acquire the lender — which does ...
Fulton Financial Corporation Acquires Substantially All of the Assets and Assumes Substantially All of the Deposits of Republic First Bank From the FDIC
LANCASTER, Pa. & PHILADELPHIA--(BUSINESS WIRE)--Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that its bank subsidiary, Fulton Bank, N.A. (“Fulton”), has acquired sub...
Fulton Financial Corporation Announces First Quarter 2024 Results
LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (NASDAQ: FULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $59.4 million, or $0.36 per diluted...
Fulton Bank, N.A. Accepting Applications for Two $3,000 Scholarships
LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Bank, N.A., a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), today announced two $3,000 scholarship opportunities for local women studying in scienc...
CORRECTING and REPLACING Fulton Financial Corporation Announces Dates for First Quarter 2024 Earnings Release and Webcast
LANCASTER, Pa.--(BUSINESS WIRE)--First paragraph, first sentence of release should read: Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that it will distribute its first quarte...
Fulton Financial Corporation Announces Dates for First Quarter 2024 Earnings Release and Webcast
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 Tues...
Fulton Financial Corporation Declares Common and Preferred Dividends
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 ...
Fulton Financial Corporation Names Betsy Chivinski as Interim Chief Financial Officer and Atul Malhotra as Chief Risk Officer
LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (Nasdaq: FULT) (Corporation) today announced that Betsy Chivinski (Chivinski) has been named interim chief financial officer (CFO), replac...
Fulton Financial Corporation Announces Fourth Quarter and Full-Year 2023 Results
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...
Fulton Financial Corporation Announces Dates for Fourth Quarter 2023 Earnings Release and Webcast
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 Tues...
Fulton Financial Corporation Names Angela Snyder as President
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 Announces Increased Common Stock Dividend, Preferred Stock Dividend and $125 Million Repurchase Program
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 ...
Fulton Financial Corporation Announces Third Quarter 2023 Results
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...
Fulton Financial Corporation Announces Dates for Third Quarter 2023 Earnings Release and Webcast
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 Tuesd...
Fulton Financial Corporation Declares Quarterly Common and Preferred Dividends
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.
Regional banks facing credit losses for commercial real estate: Moody's study
A survey of commercial real estate exposure by U.S. regional banks reveals increasing asset risk and potential credit losses as loans mature over the next 18 months, Moody's Investors Service said.
Moody's downgrades string of smaller mid-sized banks
Moody's analysts issued downgrades on a string of small and mid-sized banks. Should investors be worried about a theme developing in the greater banking landscape?
Quotes - U.S. bank stocks slide after Moody's ratings downgrade
U.S. bank shares slid on Tuesday after Moody's downgraded several small to mid-sized banks and said it may revise the credit ratings of some of the nation's biggest lenders, sparking concerns about th...