FULTON FINANCIAL CORP FULT

Financials SIC 6021 - National Commercial Banks NAICS Finance and Insurance › Credit Intermediation and Related Activities › Depository Credit Intermediation › Commercial Banking derived Nasdaq

The Corporation was incorporated under the laws of Pennsylvania on February 8, 1982 and became a bank holding company through the acquisition of all of the outstanding stock of Fulton Bank on June 30, 1982. In 2000, we became a financial holding company as defined in the GLBA, which gave us the ability to expand our financial services activities under our holding company structure. See "Item 1. Business - Competition and - Supervision and Regulation." We directly own 100% of the common stock of Fulton Bank and five non-bank entities.

On November 24, 2025, the Corporation entered into the Merger Agreement with Blue Foundry. Under the terms of the Merger Agreement, Blue Foundry will merge with and into the Corporation, with the Corporation continuing as the surviving corporation. The combined company will operate under the Corporation's name and will trade under the ticker symbol "FULT." Shareholders of Blue Foundry approved the Merger at the Blue Foundry special shareholder meeting on January 29, 2026, and all regulatory approvals required to complete the Merger have been obtained. Subject to the satisfaction of the remaining customary closing conditions in the Merger Agreement, we expect the Merger to close on or about April 1, 2026. Blue Foundry Bank is expected to be merged with and into Fulton Bank in the third quarter of 2026.

Last close 23.67 2026-10-23
Market cap $4.52B 2026-06-30 share count
52-week range 16.91 - 25.23

Valuation FY2025 figures against the last close

P/S16.3x
P/E11.4x
P/FCF14.8x
EV/EBITDA—
Dividend yield3.1%
Diluted EPS2.08

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $276.8M$296.0M$228.4M$227.2M$240.2M$226.3M$211.4M$195.5M$198.9M$187.6M
Interest expense $1.04B$960.3M$854.3M$781.6M$59.7M$113.7M$176.9M$128.1M$93.5M$82.3M
Pre-tax income $485.6M$344.6M$348.7M$347.0M$334.2M$202.2M$264.0M$233.0M$234.5M$161.6M
Income tax $94.0M$55.9M$64.4M$60.0M$58.7M$24.2M$37.6M$24.6M$62.7M$46.6M
Net income $391.6M$288.7M$284.3M$287.0M$275.5M$178.0M$226.3M$208.4M$171.8M$161.6M
EPS, basic 2.101.591.661.691.631.081.361.190.980.93
EPS, diluted 2.081.571.641.671.621.081.351.180.980.93
Shares, diluted (wtd. avg.) 183.3M177.2M166.8M165.5M163.3M163.1M167.8M176.5M175.9M174.4M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $1.06B$1.06B$549.7M$681.9M$1.64B$1.85B$517.8M$445.7M$402.1M$352.5M
Property, plant and equipment $175.2M$195.5M$222.9M$225.1M$220.4M$231.5M$240.0M$234.5M$222.8M$217.8M
Goodwill $553.3M$553.3M$553.3M$550.5M$534.3M$533.4M———$530.6M
Other intangibles —$82.1M$7.3M$10.3M$3.8M$3.3M————
Total assets $32.12B$32.07B$27.57B$26.93B$25.80B$25.91B$21.89B$20.68B$20.04B$18.94B
Short-term debt ————$416.8M$630.1M$883.2M$754.8M$617.5M$541.3M
Total liabilities $28.63B$28.87B$24.81B$24.35B$23.08B$23.29B$19.54B$18.43B$17.81B$16.82B
Retained earnings $2.02B$1.78B$1.62B$1.45B$1.28B$1.12B$1.08B$946.0M$821.6M$732.1M
Total equity $3.49B$3.20B$2.76B$2.58B$2.71B$2.62B$2.34B$2.25B$2.23B$2.12B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $304.5M$416.6M$363.0M$594.8M$338.4M$157.4M$127.7M$296.8M$287.8M$226.1M
Investing cash flow -$82.2M$1.63B-$809.2M-$1.54B-$210.1M-$2.50B-$893.3M-$740.7M-$1.14B-$1.04B
Financing cash flow -$224.6M-$1.53B$314.0M-$15.9M-$337.5M$3.67B$837.7M$487.5M$897.1M$832.6M
Dividends paid $141.2M$131.7M$115.7M$116.0M$112.0M$91.0M$92.3M$89.7M$80.4M$69.4M
Buybacks $66.0M$30.3M$77.1M$0$43.9M$39.7M$111.5M$95.3M$0$18.5M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000700564-26-000006.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 100M 200M 300M 400M Revenue, FY2016: 187.6M Net income, FY2016: 161.6M Revenue, FY2017: 198.9M Net income, FY2017: 171.8M Revenue, FY2018: 195.5M Net income, FY2018: 208.4M Revenue, FY2019: 211.4M Net income, FY2019: 226.3M Revenue, FY2020: 226.3M Net income, FY2020: 178M Revenue, FY2021: 240.2M Net income, FY2021: 275.5M Revenue, FY2022: 227.2M Net income, FY2022: 287M Revenue, FY2023: 228.4M Net income, FY2023: 284.3M Revenue, FY2024: 296M Net income, FY2024: 288.7M Revenue, FY2025: 276.8M Net income, FY2025: 391.6M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $187.6M $198.9M $195.5M $211.4M $226.3M $240.2M $227.2M $228.4M $296.0M $276.8M
Gross profit — — — — — — — — — —
Net income $161.6M $171.8M $208.4M $226.3M $178.0M $275.5M $287.0M $284.3M $288.7M $391.6M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Officer or director change Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced Item 2.02
  • Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Regulation FD disclosure Item 7.01
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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