Logo

FULT

Fulton Financial Corporation

FULT

Fulton Financial Corporation • NASDAQ
$18.15 ▼ -0.55% (-0.10)
Market Cap $3.30 B
52w High $21.71
52w Low $14.33
Dividend Yield 0.72%
P/E 9.5
Volume 470.73K
Outstanding Shares 182.05M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $481.206M ▲ $196.367M ▲ $100.454M ▲ 20.875% ▼ $0 ▼ $140.103M ▲
Q2-2025 $471.909M ▲ $192.811M ▲ $99.198M ▲ 21.021% ▲ $0.53 ▲ $135.175M ▲
Q1-2025 $466.877M ▼ $189.46M ▼ $92.987M ▲ 19.917% ▲ $0.5 ▲ $128.552M ▲
Q4-2024 $484.368M ▼ $220.69M ▼ $68.621M ▲ 14.167% ▲ $0.36 ▲ $108.9M ▲
Q3-2024 $494.22M $232.98M $63.206M 12.789% $0.33 $93.067M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $3.329B ▼ $31.995B ▼ $28.581B ▼ $3.414B ▲
Q2-2025 $3.376B ▼ $32.04B ▼ $28.711B ▼ $3.329B ▲
Q1-2025 $3.527B ▲ $32.132B ▲ $28.858B ▼ $3.274B ▲
Q4-2024 $3.371B ▼ $32.072B ▼ $28.874B ▼ $3.197B ▼
Q3-2024 $3.58B $32.186B $28.982B $3.204B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $100.454M ▲ $116.059M ▲ $65.433M ▲ $-171.959M ▼ $9.533M ▲ $115.313M ▲
Q2-2025 $99.198M ▲ $91.749M ▲ $-195.653M ▼ $-121.888M ▼ $-225.792M ▼ $87.624M ▲
Q1-2025 $92.987M ▲ $703K ▼ $-74.348M ▲ $40.23M ▲ $-33.415M ▲ $-8.653M ▼
Q4-2024 $68.621M ▲ $127.894M ▲ $-198.417M ▲ $-306.286M ▼ $-376.809M ▼ $86.682M ▲
Q3-2024 $63.206M $-32.353M $-357.371M $434.122M $44.398M $-30.052M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Deposit Account
Deposit Account
 $40.00M ▲$10.00M ▼$10.00M ▲$20.00M ▲
Fiduciary and Trust
Fiduciary and Trust
 $60.00M ▲$20.00M ▼$20.00M ▲$20.00M ▲
Financial Service Other
Financial Service Other
 $60.00M ▲$20.00M ▼$20.00M ▲$20.00M ▲
Mortgage Banking
Mortgage Banking
 $10.00M ▲$0 ▼$0 ▲$0 ▲
Service Other
Service Other
 $10.00M ▲$10.00M ▲$0 ▼$10.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Fulton Financial shows a steady, conservative earnings profile. Revenue has trended upward over the past five years, with a noticeable step-up recently, while profits have remained fairly consistent rather than surging. That tells you the bank is growing its business but still managing through normal banking pressures like funding costs and credit quality. Margins look reasonably healthy and stable, suggesting disciplined expense control and no obvious signs of aggressive risk-taking. One watchpoint is that earnings per share have been roughly flat despite higher revenue, which hints at some combination of slightly tighter margins, higher shares outstanding, or integration costs tied to growth initiatives.

Balance Sheet

Balance Sheet The balance sheet looks like that of a traditional regional bank that has grown steadily but not explosively. Total assets have moved up over time, and equity has also increased, indicating retained profitability and a stronger capital base. Debt swelled a few years ago and has since been trimmed back, which lowers financial risk and funding pressure. Cash levels are below earlier pandemic-era highs but have recovered from the prior year, suggesting better liquidity management rather than stress. Overall, the structure points to a reasonably well-capitalized institution, though upcoming acquisitions and rate changes could shift this picture.

Cash Flow

Cash Flow Cash generation appears solid and broadly in line with reported profits, which is a good sign for the quality of earnings. Operating cash flow has been consistently positive and has improved compared with the early part of the period. Free cash flow remains healthy after only modest spending on technology and physical infrastructure, which means the bank has room to fund dividends, buybacks, or acquisitions if it chooses. The relatively light capital spending also reflects the asset-light nature of banking, with most investment directed toward systems and integration rather than heavy physical build-out.

Competitive Edge

Competitive Edge Fulton operates as a mid-sized regional bank with a clear community-banking identity. Its core strength is deep local relationships in the Mid-Atlantic, especially with small and mid-sized businesses that value local decision-making. Targeted acquisitions have helped the bank expand into attractive markets such as Philadelphia and, prospectively, northern New Jersey, giving it more scale without moving far from its home turf. Specialized teams in sectors like agriculture and healthcare, plus integrated wealth and trust services, add differentiation beyond plain-vanilla banking. The flip side is that Fulton still competes against much larger national banks and digital players with heavier technology budgets, so maintaining its edge will depend on service quality, local knowledge, and smooth integration of acquired banks.

Innovation and R&D

Innovation and R&D Fulton is not a pure tech innovator but is a disciplined adopter of proven financial technology. The rollout of the nCino cloud banking platform, automation tools, and data analytics is aimed at faster loan processing, better risk insight, and a cleaner customer experience. Its “FultonFirst” initiative is a broad modernization effort focused on efficiency and scalable growth rather than flashy new products. The bank also gains early exposure to new ideas through its participation in a regional tech venture fund. The main opportunity is to keep translating these tools into lower costs and better service; the main risk is falling behind larger peers that can invest much more heavily in proprietary digital experiences and cybersecurity.

Summary

Overall, Fulton Financial looks like a steady, relationship-focused regional bank that is gradually modernizing. It has grown revenue and assets while keeping profitability relatively stable and maintaining a sound capital base. Cash flows support the earnings story and appear strong enough to back organic growth and strategic deals. Strategically, the bank’s edge lies in community roots, specialized industry teams, and a more personal, locally driven model, now being reinforced by modern digital infrastructure. Looking ahead, the key things to monitor are how well it integrates recent and planned acquisitions, how effectively it executes on the FultonFirst technology program, and how shifts in interest rates and credit conditions affect its conservative but not immune balance sheet. No clear red flags stand out in the recent data, but execution and competition will remain central themes for its future performance.

NEWS

November 24, 2025 · 6:03 PM UTC

Blue Foundry Corporation Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Blue Foundry Bancorp - BLFY

Read more

November 24, 2025 · 8:45 AM UTC

FULTON FINANCIAL CORPORATION AND BLUE FOUNDRY BANCORP COMBINING IN ALL-STOCK MERGER

Read more

October 21, 2025 · 4:30 PM UTC

Fulton Financial Corporation Announces 2025 Third Quarter Results

Read more

October 2, 2025 · 2:00 PM UTC

Fulton Financial Corporation Announces Dates for Third Quarter 2025 Earnings Release and Webcast

Read more

September 16, 2025 · 4:30 PM UTC

Fulton Financial Corporation Declares Common and Preferred Dividends

Read more