Fulton Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	1,617	1,395	1,156	758.61	638.6
Interest Income on Investments	-	187.23	116.86	106.23	84.82
Total Interest Income	1,617	1,582	1,273	864.84	723.41
Interest Paid on Deposits	580.53	521.86	292.21	43.83	30.01
Interest Paid on Borrowings	-	100.01	126.75	39.38	29.68
Total Interest Expense	580.53	621.87	418.95	83.2	59.68
Net Interest Income	1,036	960.33	854.29	781.63	663.73
Net Interest Income Growth (YoY)	7.92%	12.41%	9.29%	17.76%	5.49%
Trust Income	90.58	84.74	75.54	72.84	71.8
Mortgage Banking Activities	14.48	13.94	10.39	13.6	23.68
Gain (Loss) on Sale of Assets	-	20.27	-	-	-
Gain (Loss) on Sale of Investments	-0	-20.28	-0.73	-0.03	33.52
Other Non-Interest Income	171.71	160.33	142.48	140.11	134.86
Total Non-Interest Income	276.77	259	227.68	226.53	263.85
Non-Interest Income Growth (YoY)	6.86%	13.76%	0.51%	-14.14%	9.99%
Revenues Before Loan Losses	1,313	1,219	1,082	1,008	927.58
Provision for Loan Losses	35.7	71.64	54.04	28.02	-14.6
Revenue	1,277	1,148	1,028	980.14	942.18
Revenue Growth (YoY)	11.30%	11.65%	4.88%	4.03%	18.93%
Salaries and Employee Benefits	443.55	421.91	366.15	341.8	319.87
Occupancy Expenses	68.13	39.54	36.6	36.38	36.93
Federal Deposit Insurance	20.27	22.89	19.07	12.55	10.67
Amortization of Goodwill & Intangibles	22.46	17.83	2.94	1.73	0.59
Selling, General & Administrative	155.95	216.86	178.67	162.35	145.5
Other Non-Interest Expense	80.39	82.45	69.28	68.6	71.03
Total Non-Interest Expense	790.74	801.48	672.71	623.4	584.58
EBT Excluding Unusual Items	486.67	346.21	355.22	356.74	357.59
Asset Writedown	-	-	-	0.6	9.9
Other Unusual Items	0.1	-0.94	-6.49	-	-33.25
Pretax Income	485.59	344.63	348.72	347.02	334.25
Income Tax Expense	93.98	55.89	64.44	60.03	58.75
Net Income	391.61	288.74	284.28	286.98	275.5
Preferred Dividends & Other Adjustments	10.25	10.25	10.25	10.25	10.28
Net Income to Common	381.36	278.5	274.03	276.73	265.22
Net Income Growth	35.63%	1.57%	-0.94%	4.17%	54.74%
Basic Shares Outstanding	182	176	165	164	162
Diluted Shares Outstanding	183	177	167	165	163
Shares Change (YoY)	3.42%	6.27%	0.78%	1.33%	0.13%
EPS (Basic)	2.10	1.59	1.66	1.69	1.63
EPS (Diluted)	2.08	1.57	1.64	1.67	1.62
EPS Growth	32.48%	-4.27%	-1.80%	3.09%	50.00%
Dividend Per Share	0.730	0.690	0.640	0.600	0.560
Dividend Growth	5.80%	7.81%	6.67%	7.14%	7.69%
Effective Tax Rate	19.35%	16.22%	18.48%	17.30%	17.58%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.