Fulton Financial Corporation (FULT)
| Market Cap | 2.52B |
| Revenue (ttm) | 1.03B |
| Net Income (ttm) | 274.03M |
| Shares Out | 162.02M |
| EPS (ttm) | 1.64 |
| PE Ratio | 9.33 |
| Forward PE | 9.79 |
| Dividend | $0.68 (4.37%) |
| Ex-Dividend Date | Mar 28, 2024 |
| Volume | 1,036,928 |
| Open | 15.35 |
| Previous Close | 15.52 |
| Day's Range | 15.15 - 15.58 |
| 52-Week Range | 9.64 - 17.06 |
| Beta | 0.81 |
| Analysts | Hold |
| Price Target | 15.63 (+0.45%) |
| 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 4 analysts, the average rating for FULT stock is "Hold." The 12-month stock price forecast is $15.63, which is an increase of 0.45% from the latest price.
News
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...
Moody's says US banks are still strong despite downgrades
Ratings agency Moody's said the U.S. banking sector is still strong even after it downgraded several small to mid-sized lenders and warned it might cut the ratings of several major banks.
Moody's Downgrades Credit Ratings For 10 Banks, Puts Six Others On Notice
Ratings agency Moody's cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks.
Moody's Cuts Ratings at 10 US Banks
US bank stocks declined after Moody's Investors Service lowered its ratings for 10 small and midsize lenders and said it may downgrade major firms including U.S. Bancorp, Bank of New York Mellon Corp....
Factbox: Major US banks downgraded by Moody's on worsening outlook
Ratings agency Moody's on Monday downgraded several mid-sized U.S. banks, warning that the credit strength of lenders will likely be tested by funding risks and weaker profits.
Fulton Financial Corporation Announces Second Quarter 2023 Results
LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (NASDAQ:FULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $77.0 million, or $0.46 per diluted ...
Fulton Bank Announces Recipients of Two $3,000 Women in Technology Scholarships
LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Bank, N.A., a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), today announced that Ashley DeLong and Yazlin Moujalled have been chosen to each receiv...