Fulton Financial: RMBS Offsets Slow Growth In Loan Portfolio

Prospects and Challenges Ahead Q1 2024 Fulton Average Deposits and Borrowings & Other and 3.50% Cost of Funds (dollars in billions) $24 3.00% $3 $3 $3 $3 $3 2.50% $21 $21 $21 $21 $21 $21 2.22 2.00% 2.68 4 1.70% $18 1.929 1.95% 1.79% 4 1.50% 1.279 1.56% $15 C 1.32% 1.00% I $12 0.82% 0.50% $9 0.00% 1Q23 2Q23 3Q23 4Q23 1Q24 Deposits Borrowings & Other == Cost of Deposits —Cost of Funds The second problematic aspect is that the loan portfolio has almost stalled. Compared to the previous quarter, there was an in ...