Fulton Financial Corporation operates as a multi-bank financial holding company that provides banking and financial services to businesses and consumers. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. The company also offers consumer loans, including home equity loans and lines of credit, automobile loans, automobile and equipment leases, personal lines of credit, and checking account overdraft protection; construction and jumbo residential mortgage loans; and commercial lending products comprising commercial, financial, agricultural, and real estate loans. In addition, it provides equipment leasing, letters of credit, cash management services, and traditional deposit products; and investment management, trust, brokerage, insurance, and investment advisory services. Further, the company owns investment securities and other investments, as well as trust preferred securities; and sells various life insurance products. It provides its products and services through branch banking, as well as through a network of automated teller machines, telephone banking, mobile banking, and online banking. As of January 18, 2018, the company operated 240 branches in Pennsylvania, Maryland, Delaware, New Jersey, and Virginia. Fulton Financial Corporation was founded in 1882 and is headquartered in Lancaster, Pennsylvania.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:FULT
CUSIP36027110
Phone717-291-2411
Debt
Debt-to-Equity Ratio0.44
Current Ratio0.98
Quick Ratio0.97
Price-To-Earnings
Trailing P/E Ratio16.40
Forward P/E Ratio16.65
P/E Growth2
Sales & Book Value
Annual Sales$876.84 million
Price / Sales3.54
Cash Flow$1.3463 per share
Price / Cash13.11
Book Value$12.78 per share
Price / Book1.38
Profitability
EPS (Most Recent Fiscal Year)$1.07
Net Income$171.75 million
Net Margins19.05%
Return on Equity8.20%
Return on Assets0.91%
Miscellaneous
Employees3,569
Outstanding Shares175,750,000
Market Cap$2,979.03
Fulton Financial (NASDAQ:FULT) Frequently Asked Questions
What is Fulton Financial's stock symbol?
Fulton Financial trades on the NASDAQ under the ticker symbol "FULT."
How often does Fulton Financial pay dividends? What is the dividend yield for Fulton Financial?
Fulton Financial announced a quarterly dividend on Wednesday, June 20th. Investors of record on Monday, July 2nd will be paid a dividend of $0.12 per share on Friday, July 13th. This represents a $0.48 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date of this dividend is Friday, June 29th. View Fulton Financial's Dividend History.
How were Fulton Financial's earnings last quarter?
Fulton Financial Corp (NASDAQ:FULT) released its quarterly earnings results on Tuesday, July, 17th. The bank reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.07. The bank earned $208.12 million during the quarter, compared to analyst estimates of $208.67 million. Fulton Financial had a net margin of 19.05% and a return on equity of 8.20%. During the same period last year, the company earned $0.26 EPS. View Fulton Financial's Earnings History.
When is Fulton Financial's next earnings date?
What price target have analysts set for FULT?
7 brokers have issued 1-year target prices for Fulton Financial's shares. Their forecasts range from $17.00 to $19.00. On average, they expect Fulton Financial's share price to reach $18.1667 in the next twelve months. This suggests a possible upside of 2.9% from the stock's current price. View Analyst Ratings for Fulton Financial.
What is the consensus analysts' recommendation for Fulton Financial?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fulton Financial in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
Who are some of Fulton Financial's key competitors?
Some companies that are related to Fulton Financial include Zions Bancorp (ZION), Cullen/Frost Bankers (CFR), CIT Group (CIT), Synovus Financial (SNV), BOK Financial (BOKF), PacWest Bancorp (PACW), Webster Financial (WBS), Akbank T.A.S. (AKBTY), First Horizon National (FHN), Sterling Bancorp (STL), Pinnacle Financial Partners (PNFP), F.N.B. (FNB), TCF Financial (TCF), Valley National Bancorp (VLY) and MB Financial (MBFI).
Who are Fulton Financial's key executives?
Fulton Financial's management team includes the folowing people:
- Mr. E. Philip Wenger, Chairman & CEO (Age 60)
- Mr. Curtis J. Myers, Pres & COO (Age 49)
- Mr. Mark R. McCollom, Sr. EVP & CFO (Age 54)
- Ms. Beth Ann L. Chivinski, Sr. EVP & Chief Risk Officer (Age 57)
- Mr. Michael J. DePorter, Chief Accounting Officer, Exec. VP & Controller
Has Fulton Financial been receiving favorable news coverage?
News articles about FULT stock have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fulton Financial earned a coverage optimism score of 0.05 on Accern's scale. They also assigned press coverage about the bank an impact score of 43.41 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are Fulton Financial's major shareholders?
Fulton Financial's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Fulton Bank N.A. (1.08%), Foundry Partners LLC (0.76%), Smith Graham & Co. Investment Advisors LP (0.21%), Legacy Advisors LLC (0.18%), Nisa Investment Advisors LLC (0.05%) and Municipal Employees Retirement System of Michigan (0.02%). Company insiders that own Fulton Financial stock include Angela M Sargent, Craig A Roda, Curtis J Myers, David M Campbell, E Philip Wenger, Ernest J Waters, George W Hodges, James R Moxley III, Meg R Mueller, Michael J Deporter, Patrick J Freer, Patrick Sean Barrett, Philmer H Rohrbaugh, R Scott Smith Jr and R Scott Smith, Jr. View Institutional Ownership Trends for Fulton Financial.
Which institutional investors are selling Fulton Financial stock?
FULT stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan, Nisa Investment Advisors LLC and Smith Graham & Co. Investment Advisors LP. Company insiders that have sold Fulton Financial company stock in the last year include Craig A Roda, David M Campbell, George W Hodges, Michael J Deporter, R Scott Smith Jr and R Scott Smith, Jr. View Insider Buying and Selling for Fulton Financial.
Which institutional investors are buying Fulton Financial stock?
FULT stock was acquired by a variety of institutional investors in the last quarter, including Legacy Advisors LLC, Foundry Partners LLC, Campbell & CO Investment Adviser LLC and Fulton Bank N.A.. Company insiders that have bought Fulton Financial stock in the last two years include Ernest J Waters, James R Moxley III and Philmer H Rohrbaugh. View Insider Buying and Selling for Fulton Financial.
How do I buy shares of Fulton Financial?
Shares of FULT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Fulton Financial's stock price today?
One share of FULT stock can currently be purchased for approximately $17.65.
How big of a company is Fulton Financial?
Fulton Financial has a market capitalization of $2.98 billion and generates $876.84 million in revenue each year. The bank earns $171.75 million in net income (profit) each year or $1.07 on an earnings per share basis. Fulton Financial employs 3,569 workers across the globe.
How can I contact Fulton Financial?
Fulton Financial's mailing address is ONE PENN SQUARE P.O. BOX 4887, LANCASTER PA, 17604. The bank can be reached via phone at 717-291-2411 or via email at [email protected]
MarketBeat Community Rating for Fulton Financial (NASDAQ FULT)
MarketBeat's community ratings are surveys of what our community members think about Fulton Financial and other stocks. Vote "Outperform" if you believe FULT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FULT will underperform the S&P 500 over the long term. You may vote once every thirty days.
