Fulton Financial Corporation (FULT)
| Market Cap | 3.57B |
| Revenue (ttm) | 1.08B |
| Net Income (ttm) | 274.14M |
| Shares Out | 182.03M |
| EPS (ttm) | 1.58 |
| PE Ratio | 12.40 |
| Forward PE | 11.40 |
| Dividend | $0.68 (3.47%) |
| Ex-Dividend Date | Oct 1, 2024 |
| Volume | 3,364,764 |
| Open | 19.27 |
| Previous Close | 19.40 |
| Day's Range | 19.27 - 19.87 |
| 52-Week Range | 13.87 - 22.49 |
| Beta | 0.80 |
| Analysts | Hold |
| Price Target | 19.20 (-2.04%) |
| Earnings Date | Jan 14, 2025 |
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, Fulton Financial's revenue was $1.03 billion, an increase of 4.88% compared to the previous year's $980.14 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 $19.2, which is a decrease of -2.04% from the latest price.
News
Fulton Financial Corporation Announces Increased Common Stock Dividend, Preferred Stock Dividend and $125 Million Repurchase Program
LANCASTER, Pa. , Dec. 17, 2024 /PRNewswire/ -- Fulton Financial Corporation ("Fulton") (Nasdaq: FULT) today announced that its Board of Directors (the "Board") declared a quarterly cash dividend of ei...
Fulton Financial: Potential Headwinds In The Short Term
Fulton Financial Corporation has shown strong performance, with a 38% stock increase, but I maintain a hold rating due to potential headwinds from declining interest rates. The acquisition of Republic...
FULTON FINANCIAL CORPORATION NAMES RICK KRAEMER AS CHIEF FINANCIAL OFFICER
LANCASTER, Pa. , Nov. 1, 2024 /PRNewswire/ -- Fulton Financial Corporation ("Fulton") (NASDAQ: FULT) today announced that Richard Kraemer has been appointed as Senior Executive Vice President and Chie...
Fulton Financial Corporation (FULT) Q3 2024 Earnings Call Transcript
Fulton Financial Corporation (FULT) Q3 2024 Earnings Call Transcript
Fulton Financial Corporation Announces Third Quarter 2024 Results
LANCASTER, Pa. , Oct. 15, 2024 /PRNewswire/ -- Fulton Financial Corporation (NASDAQ: FULT) ("Fulton" or the "Corporation") reported net income available to common shareholders of $60.6 million, or $0....
Fulton Financial Corporation Announces Dates for Third Quarter 2024 Earnings Release and Webcast
LANCASTER, Pa. , Oct. 9, 2024 /PRNewswire/ -- Fulton Financial Corporation ("Fulton") (Nasdaq: FULT) today announced that it will distribute its third quarter 2024 earnings release and accompanying ch...
Fulton Financial Corporation Declares Common and Preferred Dividends
LANCASTER, Pa. , Sept. 17, 2024 /PRNewswire/ -- Fulton Financial Corporation ("Fulton") (Nasdaq: FULT) today announced that its Board of Directors (the "Board") declared a quarterly cash dividend of s...
FULTON FINANCIAL CORPORATION ANNOUNCES NEW LEADERSHIP ROLES
Executives Appointed to Lead Commercial, Business Banking, Credit and Market President Teams LANCASTER, Pa. , Aug. 5, 2024 /PRNewswire/ -- Fulton Financial Corporation (NASDAQ: FULT), a more than $30 ...
FULTON FINANCIAL CORPORATION NAMES RICK KRAEMER AS CHIEF FINANCIAL OFFICER DESIGNEE
LANCASTER, Pa. , July 23, 2024 /PRNewswire/ -- Fulton Financial Corporation ("Fulton") (NASDAQ: FULT) today announced that Richard Kraemer is joining Fulton as Senior Executive Vice President and Chie...
Fulton Financial Corporation (FULT) Q2 2024 Earnings Call Transcript
Fulton Financial Corporation (NASDAQ:FULT) Q2 2024 Earnings Conference Call July 17, 2024 10:00 AM ET Company Participants Matt Jozwiak - Director of IR Curtis Myers - Chairman & CEO Betsy Chivinski ...
Fulton Financial Corporation Announces Second Quarter 2024 Results
LANCASTER, Pa. , July 16, 2024 /PRNewswire/ -- Fulton Financial Corporation (NASDAQ: FULT) ("Fulton" or the "Corporation") reported net income available to common shareholders of $92.4 million, or $0....
Fulton Financial Corporation Announces Dates for Second Quarter 2024 Earnings Release and Webcast
LANCASTER, Pa. , July 3, 2024 /PRNewswire/ -- Fulton Financial Corporation ("Fulton") (Nasdaq: FULT) today announced that it will distribute its second quarter 2024 earnings release and accompanying c...
Fulton Financial: RMBS Offsets Slow Growth In Loan Portfolio
Dividend yield is 4.19% and sustainable over the short-medium term. Challenges include stagnant loan portfolio growth, high cost of funds, and unrealized losses in AFS securities. Strategies to addres...
Wells Fargo exec sees the most loan stress in older office buildings
A Wells Fargo & Co. executive said Tuesday the bank is seeing loan stress in older office buildings as the financial world grapples with lower real-estate values for working space as employees continu...
Moody's Reviewing Six Regional Banks for Possible Downgrades
Shares of six regional banks declined Friday, a day after Moody's placed them on a long-term ratings review for possible downgrades because of their substantial exposure to potentially risky real esta...
Moody's puts several U.S. regional banks on downgrade review over commercial real-estate concerns
Moody's Ratings has placed the long-term debt ratings of Old National Bancorp. and several other U.S. regional banks on review for downgrade amid concerns over commercial real-estate exposure.
Fulton Bank Releases 2023 Corporate Social Responsibility Report
LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Bank released its 2023 Corporate Social Responsibility Report with stories and data about how the bank works to build value for stakeholders.
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 ...