Fulton Financial Corporation (FULT)

NASDAQ: FULT · IEX Real-Time Price · USD
14.57
+0.12 (0.80%)
Apr 17, 2024, 3:08 PM EDT - Market open
0.80%
Market Cap 2.36B
Revenue (ttm) 1.03B
Net Income (ttm) 274.03M
Shares Out 162.02M
EPS (ttm) 1.64
PE Ratio 8.96
Forward PE 9.53
Dividend $0.68 (4.67%)
Ex-Dividend Date Mar 28, 2024
Volume 974,202
Open 14.38
Previous Close 14.45
Day's Range 13.87 - 14.90
52-Week Range 9.64 - 17.06
Beta 0.81
Analysts Hold
Price Target 15.75 (+8.14%)
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]

Sector Financials
Founded 1882
Employees 3,400
Stock Exchange NASDAQ
Ticker Symbol FULT
Full Company Profile

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 Statements

Analyst Forecast

According to 4 analysts, the average rating for FULT stock is "Hold." The 12-month stock price forecast is $15.75, which is an increase of 8.14% from the latest price.

Price Target
$15.75
(8.14% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

22 hours ago - Business Wire

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...

5 days ago - Business Wire

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...

12 days ago - Business Wire

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...

12 days ago - Business Wire

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 ...

4 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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.

4 months ago - Business Wire

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 ...

4 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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.

7 months ago - Business Wire

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.

8 months ago - Market Watch

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?

9 months ago - Yahoo Finance

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...

9 months ago - Reuters

Moody's cuts credit ratings for banks amid commercial real estate pressures

Moody's Investors Service lowered the ratings for 10 banks, including US Bancorp, Bank of New York Mellon, State Street, and Truist Financial.

9 months ago - New York Post

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.

9 months ago - Reuters

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.

Other symbols: BKCFRNTRSSTTTFCUSBASB
9 months ago - Investopedia

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....

9 months ago - Bloomberg Markets and Finance

Moody's downgrades US banks, warns of possible cuts to major lenders

Moody's downgraded several small and mid-sized banks and put six major Wall Street lenders on negative watch amid concerns over higher interest rates.

Other symbols: BKBOKFMTBONBPNFPSTTTFC
9 months ago - Fox Business

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.

9 months ago - Reuters

Moody's cuts ratings of 10 U.S. banks and puts some big names on downgrade watch

Moody's on Monday cut the credit ratings of a host of small and mid-sized U.S. banks and placed several Wall Street big names on negative review.

9 months ago - CNBC

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 ...

9 months ago - Business Wire

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...

10 months ago - Business Wire