Exploring Analyst Estimates for Fulton Financial (FULT) Q1 Earnings, Beyond Revenue and EPS

Core Viewpoint - Analysts expect Fulton Financial (FULT) to report quarterly earnings of $0.44 per share, reflecting a 10% year-over-year increase, with revenues projected at $317.9 million, up 38% from the previous year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 1.5%, indicating a reassessment by analysts of their initial forecasts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3]. Key Financial Metrics - The consensus for the 'Efficiency Ratio' is expected to be 61.2%, down from 63.2% a year ago [5]. - Analysts predict a 'Net Interest Margin' of 3.4%, slightly up from 3.3% in the previous year [5]. - The 'Average Balance - Total Interest-Earning Assets' is estimated at $30.20 billion, compared to $25.60 billion in the same quarter last year [5]. Income Projections - 'Net Interest Income (FTE)' is projected to reach $251.27 million, up from $211.53 million in the same quarter last year [6]. - 'Total Non-Interest Income' is expected to be $66.87 million, compared to $57.14 million in the same quarter last year [6]. - 'Non-Interest Income - Total consumer banking' is forecasted at $13.66 million, up from $11.67 million a year ago [7]. - The consensus for 'Mortgage banking' stands at $3.01 million, slightly down from $3.09 million last year [7]. - 'Wealth management' is estimated at $22.11 million, compared to $20.16 million in the previous year [7]. - 'Non-Interest Income - Other' is expected to reach $5.28 million, up from $3.40 million last year [8]. - 'Non-Interest Income - Total commercial banking' is projected at $21.84 million, compared to $18.83 million a year ago [8]. Stock Performance - Over the past month, Fulton Financial shares have returned -7.8%, while the Zacks S&P 500 composite has changed by -5.3% [8]. - Currently, FULT holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [8].