[PART I. FINANCIAL INFORMATION](index=5&type=section&id=PART%20I.%20FINANCIAL%20INFORMATION) [Item 1. Financial Statements (Unaudited)](index=5&type=section&id=Item%201.%20Financial%20Statements%20(Unaudited)) The unaudited financial statements reflect a decrease in total assets and shareholders' equity, primarily due to AOCI losses, despite increased Q2 net income [Consolidated Balance Sheets](index=5&type=section&id=Consolidated%20Balance%20Sheets) Total assets decreased to **$25.25 billion** due to reduced cash, while shareholders' equity declined due to AOCI losses Consolidated Balance Sheet Highlights (in thousands USD) | Account | June 30, 2022 | December 31, 2021 | | :--- | :--- | :--- | | Cash and cash equivalents | $449,674 | $1,638,614 | | Net loans | $18,672,386 | $18,076,349 | | Total Assets | $25,252,686 | $25,796,398 | | Total Deposits | $21,143,866 | $21,573,499 | | Total Liabilities | $22,781,593 | $23,083,718 | | Total Shareholders' Equity | $2,471,093 | $2,712,680 | - Accumulated other comprehensive loss increased significantly to **$(304.2) million** as of June 30, 2022, from a gain of **$27.4 million** at December 31, 2021, contributing to the decline in shareholders' equity[12](index=12&type=chunk) [Consolidated Statements of Income](index=6&type=section&id=Consolidated%20Statements%20of%20Income) Q2 2022 net interest income increased to **$178.8 million**, with net income available to common shareholders rising to **$67.4 million** Income Statement Summary (in thousands USD, except per-share data) | Metric | Q2 2022 | Q2 2021 | H1 2022 | H1 2021 | | :--- | :--- | :--- | :--- | :--- | | Net Interest Income | $178,831 | $162,399 | $340,141 | $326,847 | | Provision for credit losses | $1,500 | $(3,500) | $(5,450) | $(9,000) | | Total Non-Interest Income | $58,391 | $51,890 | $113,647 | $147,287 | | Total Non-Interest Expense | $149,730 | $140,831 | $295,708 | $319,215 | | Net Income | $69,989 | $64,964 | $134,277 | $138,027 | | Net Income Available to Common Shareholders | $67,427 | $62,402 | $129,153 | $132,874 | | Diluted EPS | $0.42 | $0.38 | $0.80 | $0.81 | - Merger-related expenses of **$1.0 million** were recorded in Q2 2022, with no comparable expense in 2021[13](index=13&type=chunk) [Notes to Consolidated Financial Statements](index=10&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) Notes detail accounting policies, significant unrealized losses on investment securities, and the completed Prudential Bancorp merger [Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A)](index=41&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) MD&A highlights increased net interest income and NIM expansion, stable asset quality, and the completed Prudential Bancorp acquisition - The FOMC raised the Fed Funds Rate three times in H1 2022, totaling **150 basis points**, which positively impacted the company's net interest margin[153](index=153&type=chunk) - The acquisition of Prudential Bancorp, Inc. was completed on July 1, 2022, incurring merger-related expenses of **$1.0 million** and **$1.4 million** in Q2 and H1 2022 respectively[154](index=154&type=chunk)[155](index=155&type=chunk) Key Performance Ratios | Ratio | Q2 2022 | Q2 2021 | | :--- | :--- | :--- | | Return on average assets, annualized | 1.10% | 1.00% | | Return on average common shareholders' equity, annualized | 11.57% | 10.11% | | Net interest margin (FTE) | 3.04% | 2.73% | | Efficiency ratio | 61.4% | 63.8% | | Non-performing assets to total assets | 0.71% | 0.60% | [Results of Operations](index=47&type=section&id=Results%20of%20Operations) Q2 2022 net interest income (FTE) increased by **$16.8 million** due to higher yields, while non-interest income and expenses also rose - Q2 2022 vs Q2 2021 FTE net interest income increased by **$16.8 million** (**10.2%**), and the net interest margin expanded by **31 bps** to **3.04%**, driven by higher yields on net loans[163](index=163&type=chunk)[166](index=166&type=chunk)[168](index=168&type=chunk) - Non-interest income (excluding securities gains) for Q2 2022 increased by **$6.5 million** (**12.6%**) YoY, driven by a **$2.2 million** increase in fee income from commercial customer interest rate swaps and a **$3.8 million** increase in mortgage servicing income[179](index=179&type=chunk)[180](index=180&type=chunk) - Non-interest expense for Q2 2022 increased by **$8.9 million** (**6.3%**) YoY, primarily due to a **$7.0 million** increase in salaries and employee benefits and a **$1.1 million** increase in net occupancy expense[182](index=182&type=chunk) [Financial Condition](index=58&type=section&id=Financial%20Condition) Total assets decreased to **$25.25 billion** due to reduced cash, offset by loan growth, while shareholders' equity declined from AOCI losses Loan Portfolio Composition (in thousands USD) | Loan Type | June 30, 2022 | Dec 31, 2021 | Change $ | | :--- | :--- | :--- | :--- | | Real estate – commercial mortgage | $7,417,036 | $7,279,080 | $137,956 | | Commercial and industrial | $4,173,114 | $4,208,327 | $(35,213) | | Real estate – residential mortgage | $4,203,827 | $3,846,750 | $357,077 | | **Net loans** | **$18,920,950** | **$18,325,350** | **$595,600** | - Non-performing assets increased by **$24.4 million** to **$178.3 million** at June 30, 2022, representing **0.71%** of total assets, up from **0.60%** at year-end 2021[152](index=152&type=chunk)[226](index=226&type=chunk) - Shareholders' equity decreased by **$241.6 million** in the first six months of 2022, primarily due to a **$331.6 million** decrease in AOCI from unrealized losses in investment securities and derivatives, partially offset by net income[214](index=214&type=chunk)[235](index=235&type=chunk) Regulatory Capital Ratios | Ratio | June 30, 2022 | Dec 31, 2021 | Well-Capitalized Minimum (incl. buffer) | | :--- | :--- | :--- | :--- | | Common Equity Tier I | 9.9% | 9.9% | 7.0% | | Tier I Risk-Based Capital | 10.8% | 10.9% | 8.5% | | Total Risk-Based Capital | 13.7% | 14.1% | 10.5% | | Tier I Leverage Capital | 9.1% | 8.6% | 4.0% | [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=66&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) The company manages interest rate risk, showing asset sensitivity with projected NII increase from rate shocks, and maintains substantial liquidity Net Interest Income Sensitivity to Interest Rate Shocks (as of June 30, 2022) | Rate Shock (bps) | Annual Change in Net Interest Income | % Change in Net Interest Income | | :--- | :--- | :--- | | +400 | +$142.3 million | 17.6% | | +300 | +$107.3 million | 13.3% | | +200 | +$72.4 million | 8.9% | | +100 | +$36.4 million | 4.5% | - The company uses interest rate swaps designated as cash flow hedges to manage volatility in net interest income from floating-rate loans[253](index=253&type=chunk) - As of June 30, 2022, the Corporation had significant available liquidity, including borrowing capacity of approximately **$5.9 billion** from the FHLB and **$1.2 billion** from the FRB discount window[257](index=257&type=chunk)[258](index=258&type=chunk) [Item 4. Controls and Procedures](index=68&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective, with no material changes to internal control over financial reporting - The CEO and CFO concluded that the Corporation's disclosure controls and procedures were effective as of June 30, 2022[263](index=263&type=chunk) - No changes in internal control over financial reporting occurred during the quarter that have materially affected, or are reasonably likely to materially affect, these controls[264](index=264&type=chunk) [PART II. OTHER INFORMATION](index=69&type=section&id=PART%20II.%20OTHER%20INFORMATION) [Legal Proceedings](index=69&type=section&id=Item%201.%20Legal%20Proceedings) The company reached a preliminary settlement in the Kress v. Fulton Bank, N.A. class action lawsuit, with no material financial impact expected - In the Kress v. Fulton Bank, N.A. lawsuit, a settlement agreement was reached and received preliminary court approval on June 30, 2022, with final approval scheduled for November 2, 2022, and no material financial impact expected[139](index=139&type=chunk) [Risk Factors](index=69&type=section&id=Item%201A.%20Risk%20Factors) No material changes to previously disclosed risk factors were reported for the quarter - No material changes to risk factors were reported for the quarter[268](index=268&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=69&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) A **$75 million** share repurchase program was authorized in March 2022, with no shares repurchased during Q2 2022 - A share repurchase program for up to **$75 million** was approved in March 2022[269](index=269&type=chunk) - No shares were repurchased under the program during the three months ended June 30, 2022[269](index=269&type=chunk) [Exhibits](index=70&type=section&id=Item%206.%20Exhibits) This section lists exhibits filed with the Form 10-Q, including merger agreements and required CEO/CFO certifications

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Fulton Financial Corporation (NASDAQ:FULT) Q2 2022 Earnings Conference Call July 20, 2022 10:00 AM ET Company Participants Matt Jozwiak - Director, Investor Relations Phil Wenger - Chairman and CEO Curt Myers - President and COO Mark McCollom - Chief Financial Officer Conference Call Participants Daniel Tamayo - Raymond James Russell Gunther - D.A. Davidson Justin Crowley - Piper Sandler Chris McGratty - KBW Matthew Breese - Stephens David Bishop - Hovde Group Matt Jozwiak Good morning. And thanks for joini ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022, or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-39680 FULTON FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) Pennsylvania 23-2195389 (State or other ...

Fulton Financial Corporation (NASDAQ:FULT) Q1 2022 Earnings Conference Call April 20, 2022 10:00 AM ET Company Participants Phil Wenger - Chairman & CEO Mark McCollom - CFO Curt Myers - President & COO Matt Jozwiak - Director, IR Conference Call Participants Russell Gunther - D.A. Davidson Frank Schiraldi - Piper Sandler Daniel Tamayo - Raymond James Chris McGratty - Keefe Bruyette & Woods Inc. Erik Zwick - Boenning & Scattergood Inc. Matthew Breese - Stephens Inc. Dave Bishop - Hovde Group, LLC Operator Go ...

RST QUARTER 202 RESUL NASDAQ: FUL Data as of or for the periods ended March 31, 2022 unless otherwise noted FORWARD-LOOKING STATEMENTS This presentation may contain forward-looking statements with respect to the Corporation's financial condition, results of operations and business. Do not unduly rely on forward-looking statements. Forward-looking statements can be identified by the use of words such as "may," "should," "will," "could," "estimates," "predicts," "potential," "continue," "anticipates," "believ ...

FULTON FINANCIAL CORPORATION INVESTOR PRESENTATION CORPORATION Data as of December 31, 2021 - Unless otherwise noted. Forward-Looking Statements This presentation may contain forward-looking statements with respect to the Corporation's financial condition, results of operations and business. Do not unduly rely on forward-looking statements. Forward-looking statements can be identified by the use of words such as "may," "should," "will," "could," "estimates," "predicts," "potential," "continue," "anticipates ...

______________________________________________________ FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021, or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-39680 _______________________________________________________ FULTON FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) Pennsylvania 23-2195389 (State or other jurisdi ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|-------|--------------|-------|-------|------------------------------------------------------------------------------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | RESULTS | | | FOURTH QUARTER 2021 | | | | | | | | | | | | NASDAQ: FULT | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ...

Fulton Financial Corporation (NASDAQ:FULT) Q4 2021 Earnings Conference Call January 19, 2022 10:00 AM ET Company Participants Matt Jozwiak - Director, Investor Relations Phil Wenger - Chairman and Chief Executive Officer Curt Myers - President and Chief Operating Officer Mark McCollom - Chief Financial Officer Conference Call Participants Frank Schiraldi - Piper Sandler Andrew Leischner - KBW Russell Gunther - D.A. Davidson Matthew Breese - Stephens Inc. Erik Zwick - Boenning & Scattergood Operator Ladies a ...