Fulton Financial Corporation (FULT)
NASDAQ: FULT · Real-Time Price · USD
19.68
-0.45 (-2.24%)
Feb 21, 2025, 4:00 PM EST - Market closed
Fulton Financial Income 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 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Interest Income on Loans | 1,582 | 1,156 | 758.61 | 638.6 | 658.15 | Upgrade
|
| Interest Income on Investments | - | 116.86 | 106.23 | 84.82 | 84.72 | Upgrade
|
| Total Interest Income | 1,582 | 1,273 | 864.84 | 723.41 | 742.88 | Upgrade
|
| Interest Paid on Deposits | 621.87 | 292.21 | 43.83 | 30.01 | 70.05 | Upgrade
|
| Interest Paid on Borrowings | - | 126.75 | 39.38 | 29.68 | 43.63 | Upgrade
|
| Total Interest Expense | 621.87 | 418.95 | 83.2 | 59.68 | 113.67 | Upgrade
|
| Net Interest Income | 960.33 | 854.29 | 781.63 | 663.73 | 629.21 | Upgrade
|
| Net Interest Income Growth (YoY) | 12.41% | 9.29% | 17.76% | 5.49% | -2.96% | Upgrade
|
| Trust Income | 84.74 | 75.54 | 72.84 | 71.8 | 59.06 | Upgrade
|
| Mortgage Banking Activities | 13.94 | 10.39 | 13.6 | 23.68 | 52.81 | Upgrade
|
| Gain (Loss) on Sale of Investments | -20.28 | -0.73 | -0.03 | 33.52 | 3.05 | Upgrade
|
| Other Non-Interest Income | 160.33 | 142.48 | 140.11 | 134.86 | 124.97 | Upgrade
|
| Total Non-Interest Income | 238.74 | 227.68 | 226.53 | 263.85 | 239.89 | Upgrade
|
| Non-Interest Income Growth (YoY) | 4.86% | 0.51% | -14.14% | 9.99% | 14.16% | Upgrade
|
| Revenues Before Loan Losses | 1,199 | 1,082 | 1,008 | 927.58 | 869.1 | Upgrade
|
| Provision for Loan Losses | 71.64 | 54.04 | 28.02 | -14.6 | 76.92 | Upgrade
|
| Revenue | 1,127 | 1,028 | 980.14 | 942.18 | 792.18 | Upgrade
|
| Revenue Growth (YoY) | 9.68% | 4.88% | 4.03% | 18.94% | -4.06% | Upgrade
|
| Salaries and Employee Benefits | 432.82 | 366.15 | 341.8 | 319.87 | 316.01 | Upgrade
|
| Occupancy Expenses | 69.36 | 36.6 | 36.38 | 36.93 | 32.45 | Upgrade
|
| Federal Deposit Insurance | 23.83 | 25.57 | 12.55 | 10.67 | 8.87 | Upgrade
|
| Amortization of Goodwill & Intangibles | 17.83 | 2.94 | 1.73 | 0.59 | 0.53 | Upgrade
|
| Selling, General & Administrative | 176.13 | 178.67 | 162.35 | 145.5 | 140.3 | Upgrade
|
| Other Non-Interest Expense | 62.18 | 69.28 | 68.6 | 71.03 | 78.41 | Upgrade
|
| Total Non-Interest Expense | 782.16 | 679.21 | 623.4 | 584.58 | 576.56 | Upgrade
|
| EBT Excluding Unusual Items | 345.27 | 348.72 | 356.74 | 357.59 | 215.61 | Upgrade
|
| Asset Writedown | - | - | 0.6 | 9.9 | -10.5 | Upgrade
|
| Other Unusual Items | - | - | - | -33.25 | -2.88 | Upgrade
|
| Pretax Income | 344.63 | 348.72 | 347.02 | 334.25 | 202.24 | Upgrade
|
| Income Tax Expense | 55.89 | 64.44 | 60.03 | 58.75 | 24.2 | Upgrade
|
| Net Income | 288.74 | 284.28 | 286.98 | 275.5 | 178.04 | Upgrade
|
| Preferred Dividends & Other Adjustments | 10.25 | 10.25 | 10.25 | 10.28 | 2.14 | Upgrade
|
| Net Income to Common | 278.5 | 274.03 | 276.73 | 265.22 | 175.91 | Upgrade
|
| Net Income Growth | 1.57% | -0.94% | 4.17% | 54.74% | -21.34% | Upgrade
|
| Basic Shares Outstanding | 176 | 165 | 164 | 162 | 162 | Upgrade
|
| Diluted Shares Outstanding | 177 | 167 | 165 | 163 | 163 | Upgrade
|
| Shares Change (YoY) | 6.27% | 0.78% | 1.33% | 0.13% | -2.80% | Upgrade
|
| EPS (Basic) | 1.59 | 1.66 | 1.69 | 1.63 | 1.08 | Upgrade
|
| EPS (Diluted) | 1.57 | 1.64 | 1.67 | 1.62 | 1.08 | Upgrade
|
| EPS Growth | -4.27% | -1.80% | 3.09% | 50.00% | -20.00% | Upgrade
|
| Dividend Per Share | 0.690 | 0.640 | 0.600 | 0.560 | 0.520 | Upgrade
|
| Dividend Growth | 7.81% | 6.67% | 7.14% | 7.69% | 0% | Upgrade
|
| Effective Tax Rate | 16.22% | 18.48% | 17.30% | 17.58% | 11.96% | Upgrade
|
Source: S&P Capital IQ. Banks template. Financial Sources.