Fulton Financial Corporation (FULT)

Fulton Financial Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	1,028	980.74	952.08	781.68	831.72
Revenue Growth (YoY)	4.81%	3.01%	21.80%	-6.02%	6.76%
Gross Profit	1,028	980.74	952.08	781.68	831.72
Selling, General & Admin	452.83	429.09	397.86	395.37	387.74
Other Operating Expenses	226.38	204.64	186.72	181.19	175.67
Operating Expenses	679.21	633.73	584.58	576.56	563.41
Operating Income	348.72	347.02	367.49	205.11	268.31
Other Expense / Income	-	-	33.25	2.88	4.33
Pretax Income	348.72	347.02	334.25	202.24	263.99
Income Tax	64.44	60.03	58.75	24.2	37.65
Net Income	284.28	286.98	275.5	178.04	226.34
Preferred Dividends	10.25	10.25	10.28	2.14	0
Net Income Common	274.03	276.73	265.22	175.91	226.34
Net Income Growth	-0.98%	4.34%	50.77%	-22.28%	8.61%
Shares Outstanding (Basic)	164	167	161	162	164
Shares Change	-1.97%	3.84%	-0.58%	-1.14%	-6.80%
EPS (Basic)	1.66	1.69	1.63	1.08	1.36
EPS (Diluted)	1.64	1.67	1.62	1.08	1.35
EPS Growth	-1.80%	3.09%	50.00%	-20.00%	14.41%
Free Cash Flow	330.03	573.55	320.71	137.13	94
Free Cash Flow Per Share	2.01	3.42	1.99	0.84	0.57
Dividend Per Share	0.640	0.660	0.640	0.560	0.560
Dividend Growth	-3.03%	3.13%	14.29%	0%	7.69%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	33.92%	35.38%	38.60%	26.24%	32.26%
Profit Margin	26.66%	28.22%	27.86%	22.50%	27.21%
Free Cash Flow Margin	32.11%	58.48%	33.69%	17.54%	11.30%
Effective Tax Rate	18.48%	17.30%	17.58%	11.96%	14.26%
EBITDA	381.72	378.95	363.64	231.57	293.62
EBITDA Margin	37.13%	38.64%	38.19%	29.62%	35.30%
Depreciation & Amortization	33	31.93	29.39	29.33	29.63
EBIT	348.72	347.02	334.25	202.24	263.99
EBIT Margin	33.92%	35.38%	35.11%	25.87%	31.74%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).