Fulton Financial (FULT) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Financial Performance - Revenue for the quarter ended December 2024 was $323.93 million, a 17.4% year-over-year increase [1] - EPS for the quarter was$ 0.48, compared to $0.42 a year ago [1] - Revenue surprise was +0.35% over the Zacks Consensus Estimate of$ 322.8 million [1] - EPS surprise was +14.29% over the consensus estimate of $0.42 [1] Key Metrics - Efficiency Ratio: 58.4% compared to the 63% average estimate [4] - Net Interest Margin: 3.4% compared to the 3.4% average estimate [4] - Average Balance - Total Interest-Earning Assets:$ 30.19 billion versus $30.20 billion estimated [4] - Net charge-offs to average loans: 0.2% versus 0.2% estimated [4] - Net Interest Income (FTE):$ 258 million versus the $255.16 million average estimate [4] - Total Non-Interest Income:$ 65.92 million compared to the $67.09 million average estimate [4] Segment Performance - Non-Interest Income- Total consumer banking:$ 14.31 million compared to the $15.04 million average estimate [4] - Mortgage banking:$ 3.76 million versus the $2.76 million average estimate [4] - Wealth management:$ 22 million versus $21.48 million estimated [4] - Non-Interest Income- Other:$ 6.09 million versus $5.19 million estimated [4] - Non-Interest Income- Total commercial banking:$ 22.45 million versus $22.37 million estimated [4] Stock Performance - Shares of Fulton Financial have returned +6.9% over the past month versus the Zacks S&P 500 composite's +1.2% change [3] - The stock currently has a Zacks Rank 3 (Hold), indicating it could perform in line with the broader market in the near term [3]