Fulton Financial (NASDAQ:FULT – Get Free Report) issued its quarterly earnings results on Wednesday. The bank reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.07, FiscalAI reports. The company had revenue of $367.26 million for the quarter, compared to the consensus estimate of $366.71 million. Fulton Financial had a return on equity of 12.68% and a net margin of 20.63%. During the same period last year, the business posted $0.55 earnings per share.
Fulton Financial Stock Performance
Shares of NASDAQ FULT opened at $22.53 on Thursday. The firm has a market capitalization of $4.30 billion, a price-to-earnings ratio of 10.78 and a beta of 0.79. Fulton Financial has a one year low of $16.91 and a one year high of $25.23. The business has a fifty day simple moving average of $23.20 and a 200 day simple moving average of $22.93. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.15.
Fulton Financial Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, October 1st were paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date was Thursday, October 1st. Fulton Financial’s dividend payout ratio is presently 36.36%.
Insiders Place Their Bets
In other Fulton Financial news, Director Lisa Crutchfield sold 4,100 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $24.80, for a total value of $101,680.00. Following the sale, the director owned 7,838 shares of the company’s stock, valued at $194,382.40. The trade was a 34.34% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.01% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
Several brokerages have commented on FULT. Raymond James Financial downgraded Fulton Financial from an “outperform” rating to a “market perform” rating in a research report on Tuesday, October 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Fulton Financial in a research report on Wednesday, July 29th. Wall Street Zen raised Fulton Financial from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Piper Sandler restated a “neutral” rating and issued a $27.00 price objective (up from $23.00) on shares of Fulton Financial in a research note on Monday, August 3rd. Finally, DA Davidson boosted their target price on shares of Fulton Financial from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Fulton Financial currently has an average rating of “Hold” and a consensus price target of $24.75.
Check Out Our Latest Analysis on Fulton Financial
Trending Headlines about Fulton Financial
Here are the key news stories impacting Fulton Financial this week:
- Positive Sentiment: Earnings and revenue exceeded expectations. Fulton reported quarterly earnings of approximately $0.59-$0.62 per diluted share, compared with analyst estimates of roughly $0.53-$0.55. Revenue of $367.26 million also edged out the $366.71 million consensus estimate. Earnings increased from $0.55 per share a year earlier. Fulton Financial Beats Q3 Earnings and Revenue Estimates
- Positive Sentiment: Profitability improved sequentially. Net income available to common shareholders rose $14.2 million from the second quarter to $114.1 million. Net interest income increased $5.8 million to $290.0 million, while non-interest expense fell $12.4 million to $218.5 million. The bank also reported a 20.63% net margin and 12.68% return on equity. Fulton Financial Announces Third Quarter 2026 Results
- Positive Sentiment: Deposits and capital returns were encouraging. Total deposits grew $571 million to $28.8 billion, and Fulton repurchased 2.325 million shares for $56.1 million, supporting per-share value and signaling management confidence.
- Neutral Sentiment: Loan growth was limited. Total net loans increased only $43.6 million to $26.0 billion, indicating modest balance-sheet expansion despite stronger deposits.
- Negative Sentiment: Non-interest income declined. Fee and other non-interest revenue fell $2.1 million sequentially to $77.2 million, partially offsetting gains from net interest income and expense control.
Fulton Financial Company Profile
Fulton Financial Corporation is a regional bank holding company headquartered in Lancaster, Pennsylvania. Through its principal subsidiary, Fulton Bank, N.A., the company provides banking and financial services to individuals, businesses, and institutions.
Fulton Bank offers deposit accounts, consumer and commercial lending, residential mortgages, and cash-management and treasury services. Its other offerings include wealth management, trust and investment services, financial planning, and insurance solutions.
Founded in 1882, Fulton Financial serves customers through banking offices and digital channels in Pennsylvania, Delaware, Maryland, New Jersey, and Virginia.
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