Fulton Financial (NASDAQ:FULT) Issues Earnings Results, Beats Expectations By $0.07 EPS

by · The Cerbat Gem

Fulton Financial (NASDAQ:FULT – Get Free Report) posted its earnings results on Wednesday. The bank reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.07, FiscalAI reports. Fulton Financial had a return on equity of 12.68% and a net margin of 20.63%. The company had revenue of $367.26 million for the quarter, compared to analyst estimates of $366.71 million. During the same quarter in the previous year, the firm earned $0.55 earnings per share.

Fulton Financial Stock Down 0.4%

NASDAQ:FULT traded down $0.10 during mid-day trading on Wednesday, hitting $22.53. 1,789,520 shares of the company’s stock traded hands, compared to its average volume of 1,886,284. The company has a fifty day moving average of $23.24 and a 200 day moving average of $22.92. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.92 and a current ratio of 0.92. Fulton Financial has a twelve month low of $16.91 and a twelve month high of $25.23. The company has a market capitalization of $4.30 billion, a P/E ratio of 10.78 and a beta of 0.79.

Fulton Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, October 1st were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Thursday, October 1st. Fulton Financial’s dividend payout ratio is currently 36.36%.

More Fulton Financial News

Here are the key news stories impacting Fulton Financial this week:

  • Positive Sentiment: Earnings and revenue exceeded expectations. Fulton reported quarterly earnings of approximately $0.59-$0.62 per diluted share, compared with analyst estimates of roughly $0.53-$0.55. Revenue of $367.26 million also edged out the $366.71 million consensus estimate. Earnings increased from $0.55 per share a year earlier. Fulton Financial Beats Q3 Earnings and Revenue Estimates
  • Positive Sentiment: Profitability improved sequentially. Net income available to common shareholders rose $14.2 million from the second quarter to $114.1 million. Net interest income increased $5.8 million to $290.0 million, while non-interest expense fell $12.4 million to $218.5 million. The bank also reported a 20.63% net margin and 12.68% return on equity. Fulton Financial Announces Third Quarter 2026 Results
  • Positive Sentiment: Deposits and capital returns were encouraging. Total deposits grew $571 million to $28.8 billion, and Fulton repurchased 2.325 million shares for $56.1 million, supporting per-share value and signaling management confidence.
  • Neutral Sentiment: Loan growth was limited. Total net loans increased only $43.6 million to $26.0 billion, indicating modest balance-sheet expansion despite stronger deposits.
  • Negative Sentiment: Non-interest income declined. Fee and other non-interest revenue fell $2.1 million sequentially to $77.2 million, partially offsetting gains from net interest income and expense control.

Insiders Place Their Bets

In other Fulton Financial news, Director Lisa Crutchfield sold 4,100 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $24.80, for a total value of $101,680.00. Following the completion of the sale, the director owned 7,838 shares of the company’s stock, valued at approximately $194,382.40. This trade represents a 34.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.01% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on FULT shares. Wall Street Zen raised shares of Fulton Financial from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Fulton Financial in a research report on Wednesday, July 29th. Piper Sandler reaffirmed a “neutral” rating and issued a $27.00 price objective (up from $23.00) on shares of Fulton Financial in a research report on Monday, August 3rd. DA Davidson boosted their price objective on shares of Fulton Financial from $24.00 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Finally, Raymond James Financial cut shares of Fulton Financial from an “outperform” rating to a “market perform” rating in a research report on Tuesday, October 6th. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $24.75.

Read Our Latest Stock Report on FULT

Fulton Financial Company Profile

(Get Free Report)

Fulton Financial Corporation is a regional bank holding company headquartered in Lancaster, Pennsylvania. Through its principal subsidiary, Fulton Bank, N.A., the company provides banking and financial services to individuals, businesses, and institutions.

Fulton Bank offers deposit accounts, consumer and commercial lending, residential mortgages, and cash-management and treasury services. Its other offerings include wealth management, trust and investment services, financial planning, and insurance solutions.

Founded in 1882, Fulton Financial serves customers through banking offices and digital channels in Pennsylvania, Delaware, Maryland, New Jersey, and Virginia.

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