Fulton Financial (US:FULT) Prnewswire·2026-01-21 21:30Core Insights - Fulton Financial Corporation reported a net income of $96.4 million, or $0.53 per diluted share, for Q4 2025, reflecting a decrease of $1.5 million from Q3 2025 [1] - For the full year 2025, net income available to common shareholders was $381.4 million, an increase of $102.9 million compared to 2024 [2] - The company achieved a 17% increase in operating diluted earnings per share in 2025, attributed to strategic strength and team dedication [3] Financial Performance - Operating net income for Q4 2025 was $99.4 million, or $0.55 per diluted share, down by $1.9 million from Q3 2025 [1] - Net interest income for Q4 2025 totaled $266.0 million, an increase of $1.8 million from the previous quarter [5] - Non-interest income decreased by $0.4 million to $70.0 million in Q4 2025 compared to Q3 2025 [5] Expenses and Costs - Non-interest expense rose by $16.4 million to $213.0 million in Q4 2025, primarily due to increased salaries and employee benefits [6] - The provision for credit losses was $2.9 million, resulting in an allowance for credit losses of $364.5 million, or 1.51% of total net loans as of December 31, 2025 [10] Balance Sheet Highlights - Total net loans increased to $24.1 billion, up by $103.4 million from Q3 2025, driven by a rise in consumer and commercial loans [10] - Deposits reached $26.6 billion, an increase of $256.9 million compared to the previous quarter [10] - The common equity tier 1 capital ratio improved to approximately 11.8% from 11.6% in the prior quarter [5] Share Repurchase Program - Fulton repurchased 1,082,678 shares of common stock for $19.9 million at an average price of $18.34 per share during Q4 2025 [5] - The Board approved a new repurchase program for 2026, allowing up to $150 million in share repurchases [9]