Fulton Financial (FULT)
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Blue Foundry Corporation Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Blue Foundry Bancorp - BLFY
Prnewswire· 2026-01-07 19:55
Core Viewpoint - The proposed sale of Blue Foundry Bancorp to Fulton Financial Corporation is under investigation to assess whether the transaction adequately values Blue Foundry and the process leading to this valuation [1]. Group 1: Transaction Details - Shareholders of Blue Foundry Bancorp will receive 0.65 shares of Fulton Financial Corporation for each share they own in Blue Foundry as part of the proposed transaction [1]. Group 2: Legal Investigation - Kahn Swick & Foti, LLC is investigating the proposed sale to determine if the consideration offered is adequate or if it undervalues Blue Foundry Bancorp [1]. - The firm is inviting shareholders who believe the transaction undervalues the company to discuss their legal rights regarding the proposed sale [2].
Fulton Financial Corporation Announces Dates for Fourth Quarter 2025 Earnings Release and Webcast
Prnewswire· 2026-01-06 19:00
LANCASTER, Pa., Jan. 6, 2026 /PRNewswire/ -- Fulton Financial Corporation ("Fulton") (Nasdaq: FULT) today announced that it will distribute its fourth quarter 2025 earnings release and accompanying charts on Wednesday, January 21, at approximately 4:30 p.m. Eastern Time. Fulton will host a conference call with analysts on Thursday, January 22, at 10 a.m. Eastern Time. Curtis J. Myers, Chairman, CEO and President, will host the call. He will be joined by Rick Kraemer, Senior Executive Vice President and CFO ...
4 Bank Stocks With Recent Dividend Hikes to Keep an Eye On
ZACKS· 2025-12-22 16:21
Core Insights - U.S. markets are experiencing an upswing, leading investors to seek opportunities in bank stocks, which have shown positive performance after a dip in April due to tariff plans [1] - The optimism in the banking sector is attributed to trade clarity and interest rate cuts by the Federal Reserve, although inflationary pressures and geopolitical uncertainties remain concerns [1] Bank Stocks with Dividend Increases - Investors are advised to focus on fundamentally solid banks that provide robust dividend yields, which can offer stability and income during volatile times [2] - Four bank stocks highlighted for their recent dividend hikes are ServisFirst Bancshares, Fulton Financial Corporation, First Financial Corporation, and Norwood Financial Corp, all of which have seen their stock prices rally over 3% in the past month [3][9] ServisFirst Bancshares, Inc. (SFBS) - Headquartered in Birmingham, AL, SFBS has $17.6 billion in assets as of September 30, 2025 [7] - Announced a quarterly cash dividend of 38 cents per share, a 13.4% increase from the previous payout, with a dividend yield of 1.84% and a payout ratio of 28% [8] - Zacks Consensus Estimate for 2025 sales indicates a 16.2% year-over-year rise, with earnings expected to grow by 21.8% [12] Fulton Financial Corporation (FULT) - Based in Lancaster, PA, FULT has $32 billion in assets and operates 200 financial centers [13] - Announced a quarterly cash dividend of 19 cents per share, a 5.6% increase, with a dividend yield of 3.57% and a payout ratio of 34% [14] - Zacks Consensus Estimate for 2025 sales suggests an 8.5% increase, while earnings are expected to grow by 11.9% [17] First Financial Corporation (THFF) - Operates in Indiana, Illinois, Kentucky, Tennessee, and Georgia with $5.7 billion in assets [18] - Announced a quarterly cash dividend of 56 cents per share, a 9.8% increase, with a dividend yield of 3.19% and a payout ratio of 33% [19] - Zacks Consensus Estimate for 2025 sales indicates an 18.5% rise, with earnings expected to surge by 64.8% [22] Norwood Financial Corp. (NWFL) - Offers a variety of financial services with $2.4 billion in assets as of September 30, 2025 [23] - Announced a quarterly cash dividend of 32 cents per share, a 3.1% increase, with a dividend yield of 4.18% and a payout ratio of 47% [24] - Zacks Consensus Estimate for 2025 sales indicates a 23.1% rise, while earnings are expected to jump by 60.1% [27] Conclusion on Dividend Stocks - Investing in dividend stocks is seen as a prudent strategy for generating steady income and providing a buffer against market risks, although careful selection is necessary to ensure consistent returns [26]
FULTON BANK APPOINTS GORDON RODER AS TREASURER
Prnewswire· 2025-12-18 21:30
LANCASTER, Pa., Dec. 18, 2025 /PRNewswire/ -- Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), today announced the appointment of Gordon Roder as treasurer. In this key leadership role, Roder will oversee corporate treasury and asset liability operations and guide the Bank's management of market and liquidity risks while advancing its long-term growth strategy. "We're excited to welcome Gordon as our new treasurer during this exciting period of growth and transformation at Fulton Ba ...
Fulton Financial Corporation Announces Increased Common Stock Dividend, Preferred Stock Dividend and $150 Million Repurchase Program
Prnewswire· 2025-12-16 21:30
LANCASTER, Pa., Dec. 16, 2025 /PRNewswire/ -- Fulton Financial Corporation ("Fulton") (Nasdaq: FULT) today announced that its Board of Directors (the "Board") declared a quarterly cash dividend of nineteen cents per share on its common stock, payable on January 15, 2026, to shareholders of record as of December 31, 2025. This is a one cent per share increase from the quarterly cash dividend that the Board declared on September 16, 2025. "The Board's decision to increase our common dividend and increase our ...
Fulton Set to Acquire Blue Foundry, Deepens New Jersey Presence
ZACKS· 2025-11-25 17:16
Core Insights - Fulton Financial Corp. (FULT) has agreed to acquire Blue Foundry Bancorp (BLFY) in an all-stock transaction valued at approximately $243 million [1][7]. Transaction Details - Fulton will exchange 0.6500 shares for each share of Blue Foundry, with the merger agreement approved by the boards of both companies [2]. - The deal is expected to close in the second quarter of 2026, pending regulatory approvals and Blue Foundry's shareholder consent [3]. - Upon completion, Blue Foundry Bank will merge into Fulton Bank, N.A., and Fulton will contribute $1.5 million to the Fulton Forward Foundation for community grants in New Jersey [3]. Strategic Rationale - The acquisition accelerates Fulton's expansion in the northern New Jersey market and is projected to increase first full-year earnings by over 5% [4]. - The deal is expected to enhance tangible book value per share immediately while maintaining regulatory capital ratios at closing [4]. - Fulton aims to leverage its banking services to provide greater convenience and innovative solutions to a larger customer base, aligning with its strategy for organic growth across various business segments [5]. Market Performance - Fulton's shares have declined by 18.2% over the past year, compared to an 8.7% decline in the industry [6].
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Axalta Coating Systems Ltd. (NYSE – AXTA), Green Dot Corporation (NYSE – GDOT), Blue Foundry Bancorp (Nasdaq – BLFY), Golden Entertainment, Inc (Nasdaq - GDEN)
Globenewswire· 2025-11-25 12:07
Merger Investigations - Axalta Coating Systems Ltd. is set to be acquired by Akzo Nobel N.V., with shareholders receiving 0.6539 shares of AkzoNobel for each share of Axalta owned. The investigation focuses on whether the Axalta Board breached its fiduciary duties by not conducting a fair process and whether the deal provides fair value to shareholders [2] - Green Dot Corporation will be acquired by Smith Ventures and CommerceOne Financial Corporation for $8.11 in cash and 0.2215 shares of the new bank holding company. The investigation examines if the Green Dot Board failed in its fiduciary duties regarding the fairness of the deal [4] - Blue Foundry Bancorp is being acquired by Fulton Financial Corporation, with each share of Blue Foundry exchanged for 0.6500 shares of Fulton. The transaction is valued at approximately $243 million, or $11.67 per share, and the investigation looks into the Blue Foundry Board's fiduciary duties and the fairness of the deal [6] - Golden Entertainment, Inc. will be acquired in a sale-leaseback transaction, with stockholders receiving a total of $30.00, including a fixed exchange ratio of 0.902 shares of VICI common stock and a cash distribution of $2.75. The investigation concerns whether the Golden Entertainment Board breached its fiduciary duties in the deal process [8]
Fulton Financial Corporation and Blue Foundry Bancorp Combining in All-Stock Merger
Globenewswire· 2025-11-24 13:47
Core Viewpoint - Fulton Financial Corporation is acquiring Blue Foundry Bancorp in an all-stock transaction valued at approximately $243 million, enhancing Fulton's presence in the northern New Jersey market and expected to be accretive to earnings and tangible book value [2][3][4]. Group 1: Transaction Details - The merger agreement stipulates that each share of Blue Foundry common stock will be exchanged for 0.6500 shares of Fulton common stock, valuing Blue Foundry at $11.67 per share based on Fulton's share price of $17.96 as of November 21, 2025 [2]. - The transaction is anticipated to close in the second quarter of 2026, pending regulatory approvals and stockholder approval from Blue Foundry [4]. Group 2: Strategic Implications - This acquisition is part of Fulton's strategy to accelerate growth in the attractive northern New Jersey market, with expectations of over 5% accretion to first full-year earnings and immediate accretion to tangible book value per share [3]. - The merger aims to combine the strengths of both community-focused banks, enhancing customer service and expanding the range of banking solutions available to a larger customer base [5]. Group 3: Community Commitment - Fulton will contribute $1.5 million to the Fulton Forward Foundation to support nonprofit community organizations in New Jersey as part of the transaction [5]. Group 4: Company Backgrounds - Fulton Financial Corporation is a $32 billion asset financial holding company providing various financial services across multiple states, including Pennsylvania, Maryland, Delaware, New Jersey, and Virginia [7]. - Blue Foundry Bancorp operates Blue Foundry Bank, serving communities in New Jersey with a commitment to innovative banking solutions and a history of over 145 years [9].
FULTON FINANCIAL CORPORATION AND BLUE FOUNDRY BANCORP COMBINING IN ALL-STOCK MERGER
Prnewswire· 2025-11-24 13:45
Core Viewpoint - Fulton Financial Corporation is set to acquire Blue Foundry Bancorp in an all-stock transaction valued at approximately $243 million, enhancing Fulton's presence in the northern New Jersey market [2][3][4]. Transaction Details - Each share of Blue Foundry common stock will be exchanged for 0.6500 shares of Fulton common stock, translating to a value of $11.67 per share of Blue Foundry based on Fulton's share price of $17.96 as of November 21, 2025 [2]. - The transaction is expected to close in the second quarter of 2026, pending regulatory approvals and stockholder approval from Blue Foundry [4]. Strategic Implications - The merger is anticipated to be accretive to Fulton's first full-year earnings by over 5% and immediately accretive to tangible book value per share [3]. - The acquisition aligns with Fulton's strategy to grow in local markets and is expected to enhance its commercial, consumer, wealth advisory, and mortgage businesses [5]. Community Commitment - Fulton will contribute $1.5 million to the Fulton Forward® Foundation to support nonprofit community organizations in New Jersey as part of the transaction [5]. Company Backgrounds - Fulton Financial Corporation is a $32 billion asset financial holding company providing various financial services across multiple states [7]. - Blue Foundry Bancorp operates Blue Foundry Bank, which has a strong community focus and a history of over 145 years [9].
Is Fulton Financial (FULT) Stock Undervalued Right Now?
ZACKS· 2025-11-12 15:41
Core Insights - The article emphasizes the importance of a ranking system based on earnings estimates and revisions to identify winning stocks, while also acknowledging the diverse strategies investors may adopt [1] - Value investing is highlighted as a popular method for identifying undervalued stocks through fundamental analysis and established metrics [2] Company Analysis - Fulton Financial (FULT) is currently under observation, holding a Zacks Rank of 2 (Buy) and an A grade for Value, indicating strong interest from investors [3] - FULT has a Price-to-Sales (P/S) ratio of 1.69, which is lower than the industry average of 1.83, suggesting it may be undervalued [4] - The Price-to-Cash Flow (P/CF) ratio for FULT stands at 12.09, compared to the industry average of 16.70, further indicating potential undervaluation based on cash flow strength [5] - The metrics presented suggest that FULT is likely undervalued, especially when considering its positive earnings outlook, making it an attractive value stock at this time [6]