Financial Performance - Operating net income available to common shareholders reached a record of $1006 million, or $055 per diluted share[9] - GAAP reported net income available to common shareholders was $966 million in 2Q25, compared to $904 million in 1Q25[7] - Return on Average Assets (annualized) increased from 118% in 1Q25 to 125% in 2Q25[7] - The efficiency ratio increased slightly from 567% to 571%[7] Income Statement - Net interest income increased by $3734 thousand from $251187 thousand in 1Q25 to $254921 thousand in 2Q25[10] - Non-interest income before investment securities gains (losses) increased by $1914 thousand from $67234 thousand to $69148 thousand[10] - Non-interest expense increased by $3351 thousand from $189460 thousand to $192811 thousand[10] Net Interest Margin and Cost of Funds - Net Interest Margin (NIM) was 347% in 2Q25, a 4 basis points increase compared to 1Q25[19] - Total cost of deposits decreased by 5 basis points to 198% in 2Q25[19] Loan and Deposit Portfolio - Office loans represent 3% of the total loan portfolio[49] - Multi-Family loans represent 8% of the total loan portfolio[55] - The average deposit account balance is $30099, with approximately 881632 deposit accounts[42] - Net estimated uninsured deposits represent 24% of total deposits[42, 61]

Core Insights - Fulton Financial reported revenue of $328.46 million for the quarter ended June 2025, reflecting a decrease of 3.2% year-over-year, but exceeded the Zacks Consensus Estimate by 1.56% [1] - The earnings per share (EPS) for the quarter was $0.55, an increase from $0.47 in the same quarter last year, resulting in an EPS surprise of 27.91% compared to the consensus estimate of $0.43 [1] Financial Performance Metrics - Efficiency Ratio stood at 57.1%, better than the average estimate of 62% based on two analysts [4] - Net Interest Margin was reported at 3.5%, slightly above the average estimate of 3.4% [4] - Average Balance of Total Interest-Earning Assets was $29.97 billion, significantly higher than the estimated $16.58 billion [4] - Net charge-offs to average loans were 0.2%, lower than the average estimate of 0.3% [4] - Total Non-Interest Income reached $69.15 million, surpassing the estimated $67.38 million [4] - Net Interest Income (FTE) was $259.31 million, exceeding the average estimate of $254.92 million [4] Stock Performance - Fulton Financial's shares have returned +13.9% over the past month, outperforming the Zacks S&P 500 composite's +5% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]

Core Viewpoint - Fulton Financial (FULT) reported quarterly earnings of $0.55 per share, exceeding the Zacks Consensus Estimate of $0.43 per share, and showing an increase from $0.47 per share a year ago, resulting in an earnings surprise of +27.91% [1][2] Financial Performance - The company achieved revenues of $328.46 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.56%, although this is a decrease from $339.27 million in the same quarter last year [2] - Over the last four quarters, Fulton Financial has consistently exceeded consensus EPS estimates [2] Stock Performance and Outlook - Fulton Financial shares have increased approximately 1.5% since the beginning of the year, while the S&P 500 has gained 6.6% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4][6] Earnings Estimate Revisions - The trend for earnings estimate revisions for Fulton Financial was favorable prior to the earnings release, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $0.44 on revenues of $324.1 million, and for the current fiscal year, it is $1.81 on revenues of $1.29 billion [7] Industry Context - The Banks - Northeast industry, to which Fulton Financial belongs, is currently ranked in the top 33% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]

Financial Performance - Net income available to common shareholders for Q2 2025 was $96.6 million, or $0.53 per diluted share, an increase of $6.2 million, or $0.04 per diluted share, compared to Q1 2025[2] - Operating net income for Q2 2025 was $100.6 million, or $0.55 per diluted share, an increase of $5.2 million, or $0.03 per diluted share, compared to Q1 2025[2] - The company achieved a record operating net income of $100.6 million in Q2 2025, reflecting the success of its community banking strategy[2] - Net income for Q2 2025 reached $99,198,000, compared to $92,987,000 in Q1 2025 and $63,206,000 in Q2 2024, marking a significant year-over-year increase of 57%[19] - Operating net income available to common shareholders for the three months ended June 30, 2025, was $100,639 thousand, up from $95,454 thousand in the previous quarter, marking an increase of 1.2%[26] - Adjusted net income available to common shareholders for the three months ended June 30, 2025, was $100,729 million, compared to $95,544 million in the previous quarter[27] Income and Expenses - Non-interest income increased by $1.9 million to $69.1 million compared to $67.2 million in the prior quarter[3] - Non-interest expense increased by $3.4 million to $192.8 million compared to $189.5 million in the prior quarter[3] - Total non-interest expense for Q2 2025 was $192,811,000, slightly up from $189,460,000 in Q1 2025, but down from $199,488,000 in Q2 2024[19] - The efficiency ratio improved to 57.1% from 56.7% in the previous quarter, reflecting better operational efficiency[16] Loans and Credit Quality - Net loans increased by $150.0 million, or 2.5% annualized, totaling $24.0 billion as of June 30, 2025[10] - Provision for credit losses was $8.6 million, resulting in an allowance for credit losses of $377.3 million, or 1.57% of total net loans as of June 30, 2025[10] - Annualized net charge-offs for Q2 2025 were 0.20% of total average loans, compared to 0.21% in the prior quarter[10] - The provision for credit losses related to net loans was $9,374 thousand for the three months ended June 30, 2025, down from $13,112 thousand in the previous quarter, a decrease of 28.0%[25] - Non-performing loans to total net loans ratio rose to 0.89% from 0.82% in the prior quarter, indicating a deterioration in asset quality[16] - Total loans charged off amounted to $15,916 thousand for the three months ended June 30, 2025, compared to $20,034 thousand for the previous quarter, representing a decrease of 10.6%[25] Capital and Equity - Common equity tier 1 capital ratio increased to approximately 11.3% compared to 11.1% in the prior quarter[5] - Shareholders' equity increased to $17.20 billion from $16.91 billion in the previous quarter, reflecting a growth of 1.71%[15] - The tangible common equity ratio improved to 8.0% from 7.8% in the previous quarter, indicating a stronger capital position[16] - Tangible common shareholders' equity per share was $13.78 as of June 30, 2025, an increase from $13.46 in the previous quarter, reflecting a growth of 2.4%[26] - Shareholders' equity rose to $3,279,208 thousand in 2025, compared to $2,859,808 thousand in 2024, reflecting a growth of 14.7%[23] Assets and Liabilities - Total assets decreased slightly to $32.04 billion from $32.13 billion in the previous quarter[18] - Total liabilities decreased to $28.71 billion from $28.86 billion in the previous quarter, indicating a reduction in financial obligations[18] - Total deposits decreased to $26.14 billion from $26.33 billion in the previous quarter, reflecting a decline in customer deposits[18] - Total interest-bearing liabilities increased to $22,545,474 thousand in 2025 from $20,275,338 thousand in 2024, a rise of 11.2%[23] Interest Income and Margin - Net interest income for Q2 2025 was $254,921,000, an increase from $251,187,000 in Q1 2025, and $241,720,000 in Q2 2024, reflecting a year-over-year growth of 5.5%[19] - Net interest income for the quarter was $254,921, up from $251,187 in the previous quarter[21] - Net interest income after provision for credit losses was $246,314,000 in Q2 2025, compared to $237,289,000 in Q1 2025, indicating a positive trend in profitability[19] - Net interest margin increased to 3.47% from 3.43% in the prior quarter, suggesting better interest income generation[16] Shareholder Information - Basic net income per share for Q2 2025 was $0.53, up from $0.50 in Q1 2025 and $0.53 in Q2 2024[20] - Cash dividends remained stable at $0.18 per share for both Q2 2025 and Q1 2025, compared to $0.17 in Q2 2024[20] - Weighted average shares outstanding (basic) increased to 182,261,000 in Q2 2025 from 182,179,000 in Q1 2025, reflecting a slight increase in share count[20]

LANCASTER, Pa., July 15, 2025 /PRNewswire/ -- Fulton Financial Corporation (NASDAQ: FULT) ("Fulton" or the "Corporation") reported net income available to common shareholders of $96.6 million, or $0.53 per diluted share, for the second quarter of 2025, an increase of $6.2 million, or $0.04 per diluted share, in comparison to the first quarter of 2025. Operating net income available to common shareholders for the three months ended June 30, 2025 was $100.6 million(1), or $0.55 per diluted share(1), an increa ...

Analysts on Wall Street project that Fulton Financial (FULT) will announce quarterly earnings of $0.43 per share in its forthcoming report, representing a decline of 8.5% year over year. Revenues are projected to reach $323.4 million, declining 4.7% from the same quarter last year.The consensus EPS estimate for the quarter has undergone a downward revision of 1.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estim ...

Group 1 - Fulton Financial Corporation is set to release its second-quarter earnings results on July 15, with expected earnings of 45 cents per share, a decrease from 47 cents per share in the same period last year [1] - The company anticipates quarterly revenue of $320.83 million, down from $334.71 million a year earlier [1] - Fulton Financial shares increased by 1.2%, closing at $19.17 [3] Group 2 - On June 17, Fulton Financial declared common and preferred dividends [2] - Analysts have provided various ratings and price target adjustments for Fulton Financial, with Piper Sandler maintaining a Neutral rating and reducing the price target from $22 to $20 [8] - Keefe, Bruyette & Woods maintained a Market Perform rating and lowered the price target from $24 to $21, while Jefferies maintained a Hold rating and cut the price target from $18.5 to $18 [8]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

LANCASTER, Pa., July 1, 2025 /PRNewswire/ -- Fulton Financial Corporation ("Fulton") (Nasdaq: FULT) today announced that it will distribute its second quarter 2025 earnings release and accompanying charts on Tuesday, July 15, at approximately 4:30 p.m. Eastern Time.Fulton will host a conference call with analysts on Wednesday, July 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.The link to the web ...

Core Insights - Fulton Bank emphasizes its commitment to translating values into tangible benefits for stakeholders, including customers, employees, communities, and shareholders [2][5] Community Engagement - In 2024, Fulton Bank received an "Outstanding" rating in its Community Reinvestment Act performance evaluation, reflecting its efforts to meet the credit needs of low- and moderate-income neighborhoods [3] - The bank made $303 million in community development investments in 2024 [5] - Fulton Bank provided $220 million in mortgage loans to low- to moderate-income buyers from 2023 to 2024 [5] - The bank originated $135 million in Small Business Administration loans from 2023 to 2024 [5] - Fulton Bank contributed $11.7 million in charitable donations during 2023-2024, including $6.5 million to the Fulton Forward Foundation [5] - Employees volunteered over 11,000 hours in 2024 [5] Corporate Responsibility - Fulton Bank focuses on expanding digital capabilities while maintaining personalized service [5] - The bank engages in community volunteering to promote financial literacy and job skills [5] - Fulton Bank is committed to environmental sustainability by minimizing resource consumption and supporting customers' sustainability efforts [5] - The bank fosters a strong corporate culture with professional development opportunities and an inclusive workplace [5] - Responsible governance is a priority, with a focus on risk management, ethical conduct, and fair banking practices [5] Company Overview - Fulton Bank is a premier community bank in the Mid-Atlantic region, part of Fulton Financial Corporation, which has over $30 billion in assets [4] - The bank operates more than 200 financial centers across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia [4] - Fulton Bank aims to change lives for the better by building strong customer relationships and providing significant community support [4]