Fulton Financial Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	288.74	284.28	286.98	275.5
Depreciation & Amortization	61.66	38.09	37.78	41.36
Other Amortization	0.71	0.75	0.72	1.85
Gain (Loss) on Sale of Assets	-20.3	-	-	-
Gain (Loss) on Sale of Investments	21.05	11.96	12.85	-17.49
Provision for Credit Losses	71.64	54.04	28.02	-14.6
Net Decrease (Increase) in Loans Originated / Sold - Operating	-2.27	-2.8	37.32	72.5
Other Operating Activities	-6.99	-30.78	185.94	-4.75
Operating Cash Flow	416.57	362.98	594.79	338.39
Operating Cash Flow Growth	14.76%	-38.97%	75.77%	115.04%
Capital Expenditures	-42.45	-32.96	-21.25	-17.68
Cash Acquisitions	1,018	-	-21.81	-1.98
Investment in Securities	725.92	316.51	-16.16	-790.46
Net Decrease (Increase) in Loans Originated / Sold - Investing	-149.08	-1,101	-1,407	561.66
Other Investing Activities	76.57	8.05	-69.08	38.38
Investing Cash Flow	1,629	-809.22	-1,536	-210.09
Long-Term Debt Issued	-	-	1,630	-
Total Debt Issued	-	-	1,630	-
Long-Term Debt Repaid	-2,120	-384.43	-81.5	-923.32
Total Debt Repaid	-2,120	-384.43	-81.5	-923.32
Net Debt Issued (Repaid)	-2,120	-384.43	1,548	-923.32
Issuance of Common Stock	270.58	3.16	7.88	7.44
Repurchase of Common Stock	-30.35	-77.06	-	-43.91
Total Dividends Paid	-131.7	-115.74	-116.01	-112.03
Net Increase (Decrease) in Deposit Accounts	479.67	888.09	-1,456	734.29
Financing Cash Flow	-1,532	314.02	-15.9	-337.52
Net Cash Flow	514.16	-132.21	-956.69	-209.22
Free Cash Flow	374.11	330.03	573.55	320.71
Free Cash Flow Growth	13.36%	-42.46%	78.83%	133.88%
Free Cash Flow Margin	32.60%	32.11%	58.52%	34.04%
Free Cash Flow Per Share	2.11	1.98	3.47	1.96
Cash Interest Paid	658.78	394.05	80.02	63.05
Cash Income Tax Paid	29.12	25.32	32.67	27.87

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