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Fulton Financial: Potential Headwinds In The Short Term
Seeking Alpha· 2024-11-25 20:58
Fulton Financial Corporation (NASDAQ: FULT ) was founded in 1882 in Lancaster, Pennsylvania. It has considerable influence in this city; in fact, it has a 29% market share of deposits. Overall, Pennsylvania is a key state for FULT, and the acquisition ofHi there, welcome to my profile. My name is Eugenio Catone, I live in Italy and I am 26 years old. In 2023 I graduated in Business Administration and I am completing my studies. My interest in financial markets started about 5 years ago when I accidentally c ...
Fulton Financial (FULT) - 2024 Q3 - Quarterly Report
2024-11-08 21:42
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 September 30, 2024, 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 o ...
FULTON FINANCIAL CORPORATION NAMES RICK KRAEMER AS CHIEF FINANCIAL OFFICER
Prnewswire· 2024-11-01 20:30
LANCASTER, Pa., Nov. 1, 2024 /PRNewswire/ -- Fulton Financial Corporation ("Fulton") (NASDAQ: FULT) today announced that Richard Kraemer has been appointed as Senior Executive Vice President and Chief Financial Officer ("CFO"), replacing Interim CFO Betsy Chivinski, who is retiring from Fulton at the end of the year."I would like to thank Betsy Chivinski for her many years of service to Fulton," said Chairman and Chief Executive Officer Curt Myers. "As Interim CFO, Betsy helped lead the Republic Bank transa ...
Fulton Financial (FULT) - 2024 Q3 - Earnings Call Transcript
2024-10-16 16:50
Fulton Financial Corporation (NASDAQ:FULT) Q3 2024 Earnings Conference Call October 16, 2024 10:00 AM ET Company Participants Matt Jozwiak - Director of IR Curtis Myers - Chairman & CEO Richard Kraemer - Senior EVP and CFO Designee Conference Call Participants Frank Schiraldi - Piper Sandler Daniel Tamayo - Raymond James David Bishop - Hovde Group Manuel Navas - D.A. Davidson Chris McGratty - KBW Matthew Breese - Stephens Operator Good day, and thank you for standing by. Welcome to the Fulton Financial Thir ...
Fulton Financial (FULT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-15 23:01
For the quarter ended September 2024, Fulton Financial (FULT) reported revenue of $322.11 million, up 17.5% over the same period last year. EPS came in at $0.50, compared to $0.43 in the year-ago quarter. The reported revenue represents a surprise of +0.35% over the Zacks Consensus Estimate of $321 million. With the consensus EPS estimate being $0.44, the EPS surprise was +13.64%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...
Fulton Financial (FULT) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-10-15 22:41
Fulton Financial (FULT) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.43 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 13.64%. A quarter ago, it was expected that this financial holding company would post earnings of $0.25 per share when it actually produced earnings of $0.47, delivering a surprise of 88%. Over the last four quar ...
Fulton Financial (FULT) - 2024 Q3 - Quarterly Results
2024-10-15 20:35
Exhibit 99.1 FULTON FINANCIAL CORPORATION FOR IMMEDIATE RELEASE Media Contact: Lacey Dean (717) 735-8688 Investor Contact: Matt Jozwiak (717) 327-2657 Fulton Financial Corporation Announces Third Quarter 2024 Results (October 15, 2024) – Lancaster, PA – Fulton Financial Corporation (NASDAQ: FULT) ("Fulton" or the "Corporation") reported net income available to common shareholders of $60.6 million, or $0.33 per diluted share, for the third quarter of 2024, a decrease of $31.8 million, or $0.19 per share, in ...
Fulton Financial Corporation Announces Third Quarter 2024 Results
Prnewswire· 2024-10-15 20:30
LANCASTER, Pa., Oct. 15, 2024 /PRNewswire/ -- Fulton Financial Corporation (NASDAQ: FULT) ("Fulton" or the "Corporation") reported net income available to common shareholders of $60.6 million, or $0.33 per diluted share, for the third quarter of 2024, a decrease of $31.8 million, or $0.19 per share, in comparison to the second quarter of 2024. Operating net income available to common shareholders for the three months ended September 30, 2024 was $91.3 million, or $0.50 per diluted share(1), an increase of $ ...
Unlocking Q3 Potential of Fulton Financial (FULT): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2024-10-10 14:20
Analysts on Wall Street project that Fulton Financial (FULT) will announce quarterly earnings of $0.44 per share in its forthcoming report, representing an increase of 2.3% year over year. Revenues are projected to reach $321 million, increasing 17.1% from the same quarter last year. The current level reflects an upward revision of 0.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projec ...
Fulton Financial Corporation Announces Dates for Third Quarter 2024 Earnings Release and Webcast
Prnewswire· 2024-10-09 14:00
LANCASTER, Pa., Oct. 9, 2024 /PRNewswire/ -- Fulton Financial Corporation ("Fulton") (Nasdaq: FULT) today announced that it will distribute its third quarter 2024 earnings release and accompanying charts on Tuesday, October 15, at approximately 4:30 p.m. Eastern Time. Fulton will host a conference call with analysts on Wednesday, October 16, at 10 a.m. Eastern Time. Curtis J. Myers, Chairman and CEO, will host the call. He will be joined by Rick Kraemer, Senior Executive Vice President and CFO Designee. The ...