Fulton Financial (FULT) Financials

$23.75 +0.15 (+0.64%)

Closing price 09/14/2026 04:00 PM Eastern

Extended Trading

$23.80 +0.05 (+0.19%)

As of 07:50 AM Eastern

Annual Income Statements for Fulton Financial

This table shows Fulton Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-	-	172	208	226	176	265	277	274	278	381
Consolidated Net Income / (Loss)	-	-	172	208	226	178	275	287	284	289	392
Net Income / (Loss) Continuing Operations	-	-	172	208	226	178	275	287	284	289	392
Total Pre-Tax Income	-	-	234	233	264	202	334	347	349	345	486
Total Revenue	-	-	783	826	865	859	937	1,009	1,082	1,236	1,313
Net Interest Income / (Expense)	-	-	575	630	648	629	664	782	854	960	1,036
Total Interest Income	-	-	669	759	825	743	723	865	1,273	1,582	1,617
Loans and Leases Interest Income	-	-	605	684	739	658	639	759	1,156	1,395	1,396
Investment Securities Interest Income	-	-	59	68	77	79	80	98	102	137	187
Other Interest Income	-	-	5.07	6.19	9.25	5.50	5.00	8.11	15	51	34
Total Interest Expense	-	-	94	128	177	114	60	83	419	622	581
Deposits Interest Expense	-	-	58	88	132	70	30	44	292	522	515
Long-Term Debt Interest Expense	-	-	33	32	31	41	30	36	96	97	66
Federal Funds Purchased and Securities Sold Interest Expense	-	-	-	-	-	0.54	0.00	2.97	30	2.88	0.01
Total Non-Interest Income	-	-	208	196	216	229	274	227	228	276	277
Net Realized & Unrealized Capital Gains on Investments	-	-	9.07	0.04	216	3.05	34	-0.03	-0.73	-20	-0.00
Other Non-Interest Income	-	-	199	195	-	226	240	227	228	296	277
Provision for Credit Losses	-	-	23	47	33	77	-15	28	54	72	36
Total Non-Interest Expense	-	-	526	546	568	579	618	634	679	820	792
Salaries and Employee Benefits	-	-	290	303	312	324	329	357	377	433	444
Net Occupancy & Equipment Expense	-	-	101	106	111	115	124	130	139	165	159
Marketing Expense	-	-	-	-	9.85	5.13	5.28	6.89	9.00	8.96	9.29
Property & Liability Insurance Claims	-	-	11	11	7.78	8.87	11	13	26	24	20
Other Operating Expenses	-	-	112	114	115	123	115	115	125	134	136
Amortization Expense	-	-	11	11	7.45	0.53	0.59	1.73	2.94	18	22
Restructuring Charge	-	-	-	-	-	0.00	0.00	10	0.00	38	1.18
Income Tax Expense	-	-	63	25	38	24	59	60	64	56	94
Preferred Stock Dividends Declared	-	-	-	0.00	0.00	2.14	10	10	10	10	10
Basic Earnings per Share	-	-	$0.98	$1.19	$1.36	$1.08	$1.63	$1.69	$1.66	$1.59	$2.10
Weighted Average Basic Shares Outstanding	173.62M	174.10M	175.29M	169.88M	164.29M	162.46M	160.52M	166.96M	162.02M	182.20M	180.01M
Diluted Earnings per Share	-	-	$0.98	$1.18	$1.35	$1.08	$1.62	$1.67	$1.64	$1.57	$2.08
Weighted Average Diluted Shares Outstanding	173.62M	174.10M	175.29M	169.88M	164.29M	162.46M	160.52M	166.96M	162.02M	182.20M	180.01M
Weighted Average Basic & Diluted Shares Outstanding	173.62M	174.10M	175.29M	169.88M	164.29M	162.46M	160.52M	166.96M	162.02M	182.20M	180.01M
Cash Dividends to Common per Share	$0.38	$0.41	$0.47	$0.52	$0.56	$0.56	$0.64	$0.66	$0.64	$0.69	$0.73

This table shows Fulton Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
Net Income / (Loss) Attributable to Common Shareholders	62	59	92	61	66	90	97	98	96	92	100
Consolidated Net Income / (Loss)	64	62	95	63	69	93	99	100	99	95	102
Net Income / (Loss) Continuing Operations	64	62	95	63	69	93	99	100	99	95	102
Total Pre-Tax Income	81	76	103	80	86	115	123	128	120	117	128
Total Revenue	271	264	335	318	320	318	324	335	336	332	364
Net Interest Income / (Expense)	212	207	242	258	254	251	255	264	266	262	284
Total Interest Income	338	340	401	428	414	400	403	411	403	390	428
Loans and Leases Interest Income	309	311	353	373	358	345	347	356	349	339	372
Investment Securities Interest Income	25	25	32	36	43	46	48	48	46	43	46
Other Interest Income	3.46	3.33	16	18	13	9.17	8.20	7.56	8.81	7.75	10
Total Interest Expense	126	133	159	170	161	149	148	147	137	128	144
Deposits Interest Expense	97	104	131	145	142	131	129	130	124	116	127
Long-Term Debt Interest Expense	43	16	15	14	52	12	13	11	30	7.04	12
Federal Funds Purchased and Securities Sold Interest Expense	6.32	2.39	0.49	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.00
Other Interest Expense	-	11	12	10	-	6.02	5.66	5.82	-	5.19	5.20
Total Non-Interest Income	59	57	93	60	66	67	69	70	70	70	79
Net Realized & Unrealized Capital Gains on Investments	-61	57	-20	-0.00	-	-0.00	0.00	0.00	-	0.00	0.00
Other Non-Interest Income	-	-	113	60	66	67	69	70	70	70	79
Provision for Credit Losses	9.81	11	32	12	17	14	8.61	10	2.95	14	4.90
Total Non-Interest Expense	181	178	199	226	217	189	193	197	213	200	231
Salaries and Employee Benefits	97	95	111	119	108	104	107	111	122	110	120
Net Occupancy & Equipment Expense	36	38	43	44	40	41	39	38	41	41	42
Marketing Expense	3.55	1.91	2.10	2.25	2.69	2.52	2.60	2.47	1.69	2.33	2.82
Property & Liability Insurance Claims	11	6.10	6.70	5.11	5.92	5.60	4.95	5.09	4.54	4.25	4.43
Other Operating Expenses	32	36	19	35	43	30	34	34	37	35	41
Amortization Expense	0.60	0.57	4.69	6.29	6.28	6.27	5.46	5.37	5.37	5.35	5.91
Restructuring Charge	-	0.00	14	14	9.64	0.38	0.00	0.00	0.80	2.64	14
Income Tax Expense	17	14	8.20	16	18	22	23	27	21	22	25
Preferred Stock Dividends Declared	2.56	2.56	2.56	2.56	2.56	2.56	2.56	2.56	2.56	2.56	2.56
Basic Earnings per Share	$0.39	$0.36	$0.53	$0.33	$0.37	$0.50	$0.53	$0.54	$0.53	$0.51	$0.52
Weighted Average Basic Shares Outstanding	162.02M	181.76M	181.91M	182.03M	182.20M	181.79M	182.10M	180.59M	180.01M	191.13M	190.91M
Diluted Earnings per Share	$0.37	$0.36	$0.52	$0.33	$0.36	$0.49	$0.53	$0.53	$0.53	$0.51	$0.52
Weighted Average Diluted Shares Outstanding	162.02M	181.76M	181.91M	182.03M	182.20M	181.79M	182.10M	180.59M	180.01M	191.13M	190.91M
Weighted Average Basic & Diluted Shares Outstanding	162.02M	181.76M	181.91M	182.03M	182.20M	181.79M	182.10M	180.59M	180.01M	191.13M	190.91M
Cash Dividends to Common per Share	$0.17	$0.17	$0.17	$0.17	$0.18	$0.18	$0.18	$0.18	$0.19	$0.19	$0.19

This table details how cash moves in and out of Fulton Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-4.58	21	50	44	72	1,330	-209	-957	-132	514	-2.26
Net Cash From Operating Activities	178	226	288	297	128	157	338	595	363	417	304
Net Cash From Continuing Operating Activities	178	226	288	297	128	157	338	595	363	417	304
Net Income / (Loss) Continuing Operations	150	162	172	208	226	178	275	287	284	289	392
Consolidated Net Income / (Loss)	150	162	172	208	226	178	275	287	284	289	392
Provision For Loan Losses	2.25	13	23	47	33	77	-15	28	54	72	36
Depreciation Expense	28	27	28	28	28	29	29	30	30	39	28
Amortization Expense	8.16	35	48	49	44	14	18	15	15	-19	-24
Non-Cash Adjustments to Reconcile Net Income	16	2.29	34	-4.20	-8.21	-65	-38	-53	-22	-57	7.27
Changes in Operating Assets and Liabilities, net	-26	-13	-17	-31	-196	-75	68	287	1.97	93	-135
Net Cash From Investing Activities	-818	-1,038	-1,135	-741	-893	-2,499	-210	-1,536	-809	1,629	-82
Net Cash From Continuing Investing Activities	-818	-1,038	-1,135	-741	-893	-2,499	-210	-1,536	-809	-407	-82
Purchase of Investment Securities	-1,455	-1,717	-1,738	-1,122	-1,922	-3,239	-1,194	-2,429	-1,234	-3,153	-935
Sale and/or Maturity of Investments	637	679	602	381	1,029	740	984	893	425	2,694	842
Other Investing Activities, net	-	-	-	-	-	-	-	0.00	0.00	51	11
Net Cash From Financing Activities	636	833	897	487	838	3,672	-338	-16	314	-1,532	-225
Net Cash From Continuing Financing Activities	636	833	897	487	838	3,672	-338	-16	314	-1,532	-225
Net Change in Deposits	765	881	785	579	1,018	3,445	734	-1,456	888	480	460
Issuance of Debt	516	260	299	187	613	375	-213	1,630	-379	-1,951	-485
Issuance of Common Equity	11	16	8.54	6.74	6.36	7.38	7.44	7.88	3.16	271	7.71
Repayment of Debt	-540	-237	-115	-100	-596	-218	-711	-81	-5.00	-169	0.00
Repurchase of Common Equity	-50	-19	0.00	-95	-111	-40	-44	0.00	-77	-30	-66
Payment of Dividends	-65	-69	-80	-90	-92	-91	-112	-116	-116	-132	-141
Cash Interest Paid	91	83	94	127	179	112	63	80	394	659	595
Cash Income Taxes Paid	13	16	6.54	14	9.19	16	28	33	25	29	113

This table details how cash moves in and out of Fulton Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
Net Change in Cash & Equivalents	129	-192	1,039	44	-377	-33	-226	9.53	247	1.30	200
Net Cash From Operating Activities	-57	153	168	-32	128	0.70	92	116	96	115	100
Net Cash From Continuing Operating Activities	-57	153	168	-32	128	0.70	92	116	96	115	100
Net Income / (Loss) Continuing Operations	64	62	95	63	69	93	99	100	99	95	102
Consolidated Net Income / (Loss)	64	62	95	63	69	93	99	100	99	95	102
Provision For Loan Losses	9.81	11	32	12	17	14	8.61	10	2.95	14	4.90
Depreciation Expense	7.84	7.80	7.88	7.12	16	7.22	7.06	6.95	7.04	6.79	7.27
Amortization Expense	3.39	1.33	5.11	6.37	6.50	6.68	6.19	5.70	-42	5.62	2.35
Non-Cash Adjustments to Reconcile Net Income	6.52	5.12	-67	-13	-21	-3.53	-19	-14	44	-7.00	-39
Changes in Operating Assets and Liabilities, net	-149	66	95	-108	40	-117	-10	6.53	-15	0.09	22
Net Cash From Investing Activities	-11	-300	2,485	-357	-198	-74	-196	65	122	-188	16
Net Cash From Continuing Investing Activities	-11	-300	2,485	-357	-198	-74	-196	65	122	-188	16
Purchase of Investment Securities	-230	-327	52	-484	-356	-206	-406	-98	-225	-447	-364
Sale and/or Maturity of Investments	220	27	2,382	127	158	120	211	164	347	259	380
Net Cash From Financing Activities	197	-45	-1,614	434	-306	40	-122	-172	29	75	84
Net Cash From Continuing Financing Activities	197	-45	-1,614	434	-306	40	-122	-172	29	75	84
Net Change in Deposits	116	204	-295	592	-23	200	-191	194	257	179	-50
Issuance of Debt	122	-192	-	-127	-79	-125	117	-302	-175	-45	383
Issuance of Common Equity	0.67	1.00	269	0.41	-0.02	1.55	2.35	1.97	1.84	2.10	3.43
Repurchase of Common Equity	-6.12	-30	-	-	-	-0.55	-15	-31	-20	-25	-18
Payment of Dividends	-30	-29	-35	-32	-36	-35	-35	-35	-35	-37	-39
Cash Interest Paid	118	141	136	182	199	153	147	152	143	127	139
Cash Income Taxes Paid	1.90	6.76	13	1.43	8.38	7.68	45	18	42	1.49	34

This table presents Fulton Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	17,915	18,944	20,037	20,682	21,886	25,907	25,796	26,932	27,572	32,072	32,118
Cash and Due from Banks	101	119	108	103	132	120	172	127	300	279	271
Interest Bearing Deposits at Other Banks	230	234	294	342	386	1,727	1,466	555	249	785	790
Trading Account Securities	2,485	2,559	2,548	2,714	2,905	3,424	4,204	3,975	3,681	4,832	4,850
Loans and Leases, Net of Allowance	13,670	14,531	15,598	16,005	16,674	18,623	18,076	20,010	-293	-379	-364
Allowance for Loan and Lease Losses	169	169	170	161	164	278	249	269	293	379	364
Premises and Equipment, Net	226	218	223	235	240	231	220	225	223	196	175
Intangible Assets	532	532	532	532	535	537	538	561	561	635	613
Other Assets	655	724	703	751	1,014	1,243	1,119	1,478	22,851	25,724	25,783
Total Liabilities & Shareholders' Equity	17,915	18,944	20,037	20,682	21,886	25,907	25,796	26,932	27,572	32,072	32,118
Total Liabilities	15,873	16,823	17,807	18,435	19,544	23,290	23,084	24,352	24,812	28,874	28,628
Non-Interest Bearing Deposits	3,948	4,376	4,437	4,310	4,453	6,531	7,371	7,006	5,314	5,500	5,256
Interest Bearing Deposits	10,184	10,637	11,360	12,066	12,941	14,308	14,203	13,643	16,224	20,630	21,333
Federal Funds Purchased and Securities Sold	197	279	220	-	-	-	0.00	191	240	0.00	0.00
Short-Term Debt	300	263	398	755	883	630	-	-	-	-	680
Accrued Interest Payable	11	9.63	9.32	11	8.83	10	7.00	10	35	32	17
Long-Term Debt	950	929	1,038	992	882	1,296	1,038	2,680	2,248	1,782	618
Other Long-Term Liabilities	283	330	344	301	376	514	465	821	752	931	724
Total Equity & Noncontrolling Interests	2,042	2,121	2,230	2,248	2,342	2,617	2,713	2,580	2,760	3,197	3,490
Total Preferred & Common Equity	2,042	2,121	2,230	2,248	2,342	2,617	2,713	2,580	2,760	3,197	3,490
Preferred Stock	-	-	-	-	0.00	193	193	193	193	193	193
Total Common Equity	2,042	2,121	2,230	2,248	2,342	2,424	2,520	2,387	2,567	3,004	3,298
Common Stock	1,998	2,017	2,031	2,044	2,056	2,066	2,080	2,103	2,117	2,404	2,421
Retained Earnings	642	732	822	946	1,079	1,121	1,282	1,451	1,619	1,776	2,025
Treasury Stock	-576	-590	-589	-683	-793	-828	-870	-782	-857	-887	-949
Accumulated Other Comprehensive Income / (Loss)	-22	-38	-33	-59	-0.14	65	27	-385	-312	-288	-199

This table presents Fulton Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026
Period end date	9/30/2022	3/31/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026	6/30/2026
Total Assets	26,146	27,112	27,375	27,643	31,770	32,186	32,132	32,040	31,995	32,237	34,557
Cash and Due from Banks	143	129	304	248	333	297	389	362	307	312	325
Interest Bearing Deposits at Other Banks	385	438	116	110	1,063	1,144	642	442	507	751	938
Trading Account Securities	3,951	3,957	3,719	3,794	4,211	4,563	5,087	5,116	5,065	4,874	5,157
Loans and Leases, Net of Allowance	0.00	0.00	-293	-298	-376	-376	-380	-377	-376	-367	-383
Allowance for Loan and Lease Losses	-	-	293	298	376	376	380	377	376	367	383
Premises and Equipment, Net	221	216	216	214	181	172	187	184	179	169	186
Intangible Assets	561	564	561	560	648	642	629	624	618	608	633
Other Assets	20,883	21,809	22,752	23,016	25,710	25,745	25,578	25,689	25,695	25,892	27,700
Total Liabilities & Shareholders' Equity	26,146	27,112	27,375	27,643	31,770	32,186	32,132	32,040	31,995	32,237	34,557
Total Liabilities	23,675	24,493	24,808	24,885	28,668	28,982	28,858	28,711	28,581	28,732	30,741
Non-Interest Bearing Deposits	7,373	6,403	5,575	5,087	5,609	5,502	5,436	5,338	5,136	5,335	5,246
Interest Bearing Deposits	14,004	14,913	15,846	16,655	19,950	20,650	20,893	20,800	21,196	21,433	23,005
Federal Funds Purchased and Securities Sold	136	525	544	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Short-Term Debt	484	635	556	860	893	566	540	606	654	685	692
Accrued Interest Payable	5.74	12	27	26	49	37	27	28	23	18	23
Long-Term Debt	805	1,287	1,270	1,436	1,286	1,486	1,117	1,167	818	568	1,022
Other Long-Term Liabilities	868	718	990	821	881	741	845	772	754	694	754
Total Equity & Noncontrolling Interests	2,471	2,619	2,567	2,758	3,102	3,204	3,274	3,329	3,414	3,505	3,816
Total Preferred & Common Equity	2,471	2,619	2,567	2,758	3,102	3,204	3,274	3,329	3,414	3,505	3,816
Preferred Stock	193	193	193	193	193	193	193	193	193	193	193
Total Common Equity	2,278	2,426	2,374	2,565	2,909	3,011	3,081	3,136	3,221	3,312	3,623
Common Stock	2,098	2,107	2,114	2,119	2,396	2,400	2,407	2,411	2,416	2,425	2,506
Retained Earnings	1,407	1,492	1,585	1,651	1,713	1,742	1,833	1,897	1,962	2,083	2,144
Treasury Stock	-783	-821	-852	-886	-889	-888	-887	-900	-931	-973	-814
Accumulated Other Comprehensive Income / (Loss)	-443	-351	-473	-319	-311	-243	-272	-272	-228	-222	-213

This table displays calculated financial ratios and metrics derived from Fulton Financial's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	180,593,797.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	180,593,797.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	2.17
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	5.44%	4.67%	-0.69%	9.19%	7.60%	7.26%	14.24%	6.23%
EBITDA Growth	-85.19%	74.57%	397.64%	-0.27%	8.65%	-27.25%	55.77%	2.88%	0.31%	2.39%	34.56%
EBIT Growth	-100.00%	0.00%	0.00%	-0.63%	13.31%	-23.39%	65.28%	3.82%	0.49%	-1.17%	40.90%
NOPAT Growth	-100.00%	0.00%	0.00%	21.33%	8.61%	-21.34%	54.74%	4.17%	-0.94%	1.57%	35.63%
Net Income Growth	0.00%	0.00%	0.00%	21.33%	8.61%	-21.34%	54.74%	4.17%	-0.94%	1.57%	35.63%
EPS Growth	0.00%	0.00%	0.00%	20.41%	14.41%	-20.00%	50.00%	3.09%	-1.80%	-4.27%	32.48%
Operating Cash Flow Growth	-15.74%	27.33%	27.29%	3.15%	-56.97%	23.22%	115.04%	75.77%	-38.97%	14.76%	-26.91%
Free Cash Flow Firm Growth	-47.80%	-112.76%	-744.40%	33.31%	194.42%	-326.69%	514.01%	-214.45%	143.90%	-40.92%	83.94%
Invested Capital Growth	-4.85%	0.65%	10.64%	8.97%	2.82%	10.61%	-17.44%	40.24%	-4.80%	-0.57%	-3.85%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.74%	0.24%	0.31%	1.33%	5.30%	-0.81%	4.06%	1.27%
EBITDA Q/Q Growth	-84.44%	65.39%	240.43%	2.28%	-3.95%	-10.58%	14.69%	4.10%	-4.01%	4.37%	-4.69%
EBIT Q/Q Growth	-100.00%	0.00%	0.00%	1.04%	-3.13%	0.57%	7.84%	5.08%	-4.45%	1.54%	7.49%
NOPAT Q/Q Growth	-100.00%	0.00%	0.00%	13.07%	-4.35%	1.73%	4.18%	7.47%	-5.82%	1.53%	8.40%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	13.07%	-4.35%	1.73%	4.18%	7.47%	-5.82%	1.53%	8.40%
EPS Q/Q Growth	0.00%	0.00%	0.00%	13.46%	-2.17%	0.00%	3.85%	7.05%	-5.75%	-0.63%	8.90%
Operating Cash Flow Q/Q Growth	-10.41%	21.53%	-3.36%	-2.66%	18.62%	35.02%	-24.33%	11.68%	-27.23%	80.12%	-9.49%
Free Cash Flow Firm Q/Q Growth	-54.93%	-126.38%	12.52%	-495.10%	78.52%	-7.74%	39.36%	-502.88%	-86.79%	106.38%	-20.32%
Invested Capital Q/Q Growth	-4.07%	-1.11%	3.06%	7.65%	5.76%	5.70%	-1.20%	39.90%	0.00%	-5.27%	-2.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	0.00%	0.00%	39.66%	37.51%	38.94%	28.53%	40.70%	38.91%	36.39%	32.61%	37.34%
EBIT Margin	0.00%	0.00%	29.93%	28.21%	30.53%	23.55%	35.65%	34.40%	32.23%	27.88%	36.98%
Profit (Net Income) Margin	0.00%	0.00%	21.93%	25.23%	26.18%	20.74%	29.39%	28.45%	26.27%	23.36%	29.82%
Tax Burden Percent	0.00%	0.00%	73.26%	89.45%	85.74%	88.04%	82.42%	82.70%	81.52%	83.78%	80.65%
Interest Burden Percent	0.00%	0.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	0.00%	0.00%	26.74%	10.55%	14.26%	11.96%	17.58%	17.30%	18.48%	16.22%	19.35%
Return on Invested Capital (ROIC)	0.00%	0.00%	4.92%	5.44%	5.59%	4.12%	6.64%	6.37%	5.54%	5.78%	8.02%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	4.92%	5.44%	5.59%	4.12%	6.64%	6.37%	5.54%	5.78%	8.02%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	2.97%	3.87%	4.28%	3.06%	3.70%	4.48%	5.11%	3.91%	3.69%
Return on Equity (ROE)	0.00%	0.00%	7.89%	9.31%	9.86%	7.18%	10.34%	10.84%	10.65%	9.69%	11.71%
Cash Return on Invested Capital (CROIC)	4.97%	-0.65%	-5.18%	-3.15%	2.81%	-5.96%	25.75%	-27.13%	10.45%	6.35%	11.94%
Operating Return on Assets (OROA)	0.00%	0.00%	1.20%	1.14%	1.24%	0.85%	1.29%	1.32%	1.28%	1.16%	1.51%
Return on Assets (ROA)	0.00%	0.00%	0.88%	1.02%	1.06%	0.75%	1.07%	1.09%	1.04%	0.97%	1.22%
Return on Common Equity (ROCE)	0.00%	0.00%	7.89%	9.31%	9.86%	6.90%	9.59%	10.05%	9.88%	9.07%	11.04%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	7.70%	9.27%	9.66%	6.80%	10.16%	11.12%	10.30%	9.03%	11.22%
Net Operating Profit after Tax (NOPAT)	0.00	0.00	172	208	226	178	275	287	284	289	392
NOPAT Margin	0.00%	0.00%	21.93%	25.23%	26.18%	20.74%	29.39%	28.45%	26.27%	23.36%	29.82%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	0.00%	0.00%	49.98%	49.57%	50.07%	51.77%	48.90%	49.00%	48.55%	49.10%	46.62%
Operating Expenses to Revenue	0.00%	0.00%	67.09%	66.12%	65.67%	67.49%	65.90%	62.82%	62.78%	66.32%	60.30%
Earnings before Interest and Taxes (EBIT)	0.00	0.00	234	233	264	202	334	347	349	345	486
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	36	62	311	310	337	245	382	392	394	403	490
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.81	1.15	1.08	0.96	1.00	0.73	0.98	1.08	1.01	1.17	1.06
Price to Tangible Book Value (P/TBV)	1.09	1.53	1.42	1.26	1.30	0.94	1.24	1.42	1.29	1.48	1.30
Price to Revenue (P/Rev)	0.00	0.00	3.07	2.61	2.71	2.07	2.62	2.56	2.40	2.84	2.66
Price to Earnings (P/E)	0.00	0.00	14.01	10.36	10.36	10.12	9.27	9.34	9.48	12.60	9.15
Dividend Yield	4.01%	2.92%	3.42%	4.24%	3.92%	5.10%	4.20%	4.28%	4.04%	3.58%	3.78%
Earnings Yield	0.00%	0.00%	7.14%	9.65%	9.66%	9.88%	10.78%	10.71%	10.55%	7.94%	10.92%
Enterprise Value to Invested Capital (EV/IC)	0.78	0.99	0.94	0.87	0.87	0.45	0.55	0.91	0.90	0.89	0.82
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	4.39	4.19	4.15	2.39	2.19	4.73	4.15	3.58	2.98
Enterprise Value to EBITDA (EV/EBITDA)	71.75	52.48	11.07	11.17	10.67	8.38	5.38	12.17	11.40	10.97	7.99
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	14.67	14.85	13.60	10.15	6.14	13.76	12.87	12.83	8.07
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	20.03	16.60	15.87	11.52	7.45	16.64	15.79	15.31	10.01
Enterprise Value to Operating Cash Flow (EV/OCF)	14.45	14.49	11.95	11.66	28.12	13.04	6.06	8.03	12.37	10.61	12.87
Enterprise Value to Free Cash Flow (EV/FCFF)	15.30	0.00	0.00	0.00	31.56	0.00	1.92	0.00	8.37	13.94	6.72
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.61	0.56	0.64	0.78	0.75	0.74	0.38	1.04	0.81	0.56	0.37
Long-Term Debt to Equity	0.47	0.44	0.47	0.44	0.38	0.50	0.38	1.04	0.81	0.56	0.37
Financial Leverage	0.67	0.59	0.60	0.71	0.77	0.74	0.56	0.70	0.92	0.68	0.46
Leverage Ratio	8.68	8.85	8.96	9.09	9.27	9.64	9.70	9.96	10.21	10.01	9.60
Compound Leverage Factor	0.00	0.00	8.96	9.09	9.27	9.64	9.70	9.96	10.21	10.01	9.60
Debt to Total Capital	37.97%	35.98%	39.17%	43.74%	42.97%	42.40%	27.68%	50.95%	44.88%	35.79%	27.10%
Short-Term Debt to Total Capital	9.13%	7.93%	10.84%	18.89%	21.50%	13.87%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	28.85%	28.05%	28.33%	24.84%	21.47%	28.53%	27.68%	50.95%	44.88%	35.79%	27.10%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	4.25%	5.14%	3.67%	3.85%	3.87%	4.03%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	62.03%	64.02%	60.83%	56.26%	57.03%	53.35%	67.18%	45.38%	51.27%	60.34%	68.87%
Debt to EBITDA	34.95	19.10	4.62	5.64	5.24	7.87	2.72	6.83	5.71	4.42	2.65
Net Debt to EBITDA	25.68	13.45	3.33	4.20	3.70	0.32	-1.57	5.09	4.31	1.78	0.48
Long-Term Debt to EBITDA	26.55	14.89	3.34	3.20	2.62	5.29	2.72	6.83	5.71	4.42	2.65
Debt to NOPAT	0.00	0.00	8.36	8.38	7.80	10.82	3.77	9.34	7.91	6.17	3.31
Net Debt to NOPAT	0.00	0.00	6.02	6.24	5.51	0.44	-2.18	6.96	5.97	2.49	0.60
Long-Term Debt to NOPAT	0.00	0.00	6.05	4.76	3.90	7.28	3.77	9.34	7.91	6.17	3.31
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	3.89%	7.24%	7.29%	7.22%	6.48%	5.77%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	168	-21	-181	-121	114	-258	1,068	-1,222	537	317	583
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	-1.93	-0.94	0.64	-2.27	17.89	-14.69	1.28	0.51	1.00
Operating Cash Flow to Interest Expense	0.00	0.00	3.08	2.32	0.72	1.38	5.67	7.15	0.87	0.67	0.52
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	3.08	2.32	0.72	1.38	5.67	7.15	0.87	0.67	0.52
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.00	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04
Fixed Asset Turnover	0.00	0.00	3.56	3.61	3.64	3.64	4.15	4.53	4.83	5.91	7.08
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,292	3,313	3,666	3,995	4,107	4,543	3,751	5,260	5,008	4,979	4,788
Invested Capital Turnover	0.00	0.00	0.22	0.22	0.21	0.20	0.23	0.22	0.21	0.25	0.27
Increase / (Decrease) in Invested Capital	-168	21	352	329	113	436	-792	1,509	-252	-28	-192
Enterprise Value (EV)	2,566	3,277	3,440	3,460	3,591	2,052	2,052	4,776	4,489	4,421	3,920
Market Capitalization	1,648	2,437	2,406	2,159	2,344	1,780	2,460	2,585	2,598	3,509	3,491
Book Value per Share	$11.73	$12.24	$12.73	$12.76	$14.27	$14.94	$15.62	$14.25	$15.64	$16.51	$18.26
Tangible Book Value per Share	$8.68	$9.17	$9.70	$9.74	$11.01	$11.63	$12.29	$10.90	$12.22	$13.01	$14.87
Total Capital	3,292	3,313	3,666	3,995	4,107	4,543	3,751	5,260	5,008	4,979	4,788
Total Debt	1,250	1,192	1,436	1,747	1,765	1,926	1,038	2,680	2,248	1,782	1,297
Total Long-Term Debt	950	929	1,038	992	882	1,296	1,038	2,680	2,248	1,782	1,297
Net Debt	919	840	1,034	1,301	1,247	78	-601	1,998	1,698	718	236
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	1,250	1,192	1,436	1,747	1,765	1,926	1,038	2,680	2,248	1,782	1,297
Total Depreciation and Amortization (D&A)	36	62	76	77	73	43	47	45	45	58	4.69
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.93	$0.00	$0.00	$1.36	$1.08	$1.63	$1.69	$1.66	$1.59	$2.10
Adjusted Weighted Average Basic Shares Outstanding	173.62M	174.10M	175.29M	169.88M	164.29M	162.46M	160.52M	166.96M	162.02M	182.20M	180.01M
Adjusted Diluted Earnings per Share	$0.00	$0.93	$0.00	$0.00	$1.35	$1.08	$1.62	$1.67	$1.64	$1.57	$2.08
Adjusted Weighted Average Diluted Shares Outstanding	173.62M	174.10M	175.29M	169.88M	164.29M	162.46M	160.52M	166.96M	162.02M	182.20M	180.01M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$1.36	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	173.62M	174.10M	175.29M	169.88M	164.29M	162.46M	160.52M	166.96M	162.02M	182.20M	180.01M
Normalized Net Operating Profit after Tax (NOPAT)	0.00	0.00	172	208	230	181	303	296	284	320	393
Normalized NOPAT Margin	0.00%	0.00%	21.93%	25.23%	26.61%	21.03%	32.31%	29.30%	26.27%	25.91%	29.90%
Pre Tax Income Margin	0.00%	0.00%	29.93%	28.21%	30.53%	23.55%	35.65%	34.40%	32.23%	27.88%	36.98%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	2.51	1.82	1.49	1.78	5.60	4.17	0.83	0.55	0.84
NOPAT to Interest Expense	0.00	0.00	1.84	1.63	1.28	1.57	4.62	3.45	0.68	0.46	0.67
EBIT Less CapEx to Interest Expense	0.00	0.00	2.51	1.82	1.49	1.78	5.60	4.17	0.83	0.55	0.84
NOPAT Less CapEx to Interest Expense	0.00	0.00	1.84	1.63	1.28	1.57	4.62	3.45	0.68	0.46	0.67
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	46.79%	43.02%	40.79%	51.09%	40.66%	40.42%	40.71%	45.61%	36.06%
Augmented Payout Ratio	0.00%	0.00%	46.79%	88.76%	90.04%	73.41%	56.60%	40.42%	67.82%	56.12%	52.92%

This table displays calculated financial ratios and metrics derived from Fulton Financial's official financial filings.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	180,593,797.00	180,010,562.00	191,133,586.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	180,593,797.00	180,010,562.00	191,133,586.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	0.55	0.53	0.54
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-3.16%	-1.22%	22.41%	17.75%	17.76%	20.58%	-3.18%	5.33%	5.14%	4.22%	12.19%
EBITDA Growth	-15.12%	-10.24%	8.43%	-6.84%	18.28%	52.30%	17.00%	50.77%	20.76%	0.45%	1.05%
EBIT Growth	-16.69%	-9.17%	7.84%	-10.33%	6.44%	52.29%	18.88%	60.41%	39.24%	1.80%	4.12%
NOPAT Growth	-21.47%	-9.33%	19.30%	-12.33%	6.78%	50.12%	4.45%	58.93%	44.23%	1.91%	3.24%
Net Income Growth	-21.47%	-9.33%	19.30%	-12.33%	6.78%	50.12%	4.45%	58.93%	44.23%	1.91%	3.24%
EPS Growth	-21.28%	-7.69%	13.04%	-21.43%	-2.70%	36.11%	1.92%	60.61%	47.22%	4.08%	-1.89%
Operating Cash Flow Growth	-173.20%	232.66%	-1.65%	-115.90%	322.80%	-99.54%	-41.84%	627.85%	-24.96%	16,215.79%	8.67%
Free Cash Flow Firm Growth	122.18%	49.55%	6.64%	-235.52%	-69.39%	147.71%	134.86%	109.07%	199.78%	24.74%	-217.36%
Invested Capital Growth	-4.80%	11.30%	20.20%	0.00%	-0.57%	-2.42%	-3.35%	-7.05%	-3.85%	-3.52%	8.36%
Revenue Q/Q Growth	0.59%	0.00%	26.75%	-5.09%	0.60%	-0.36%	1.77%	3.25%	0.42%	-1.24%	9.55%
EBITDA Q/Q Growth	-7.73%	0.00%	37.18%	-19.81%	17.15%	18.19%	5.38%	3.34%	-39.49%	52.44%	6.01%
EBIT Q/Q Growth	-8.81%	0.00%	36.56%	-22.78%	8.26%	33.41%	6.60%	4.19%	-6.02%	-2.46%	9.03%
NOPAT Q/Q Growth	-10.87%	0.00%	53.33%	-33.45%	8.57%	35.51%	6.68%	1.27%	-1.48%	-4.25%	8.08%
Net Income Q/Q Growth	-10.87%	0.00%	53.33%	-33.45%	8.57%	35.51%	6.68%	1.27%	-1.48%	-4.25%	8.08%
EPS Q/Q Growth	-11.90%	0.00%	44.44%	-36.54%	9.09%	36.11%	8.16%	0.00%	0.00%	-3.77%	1.96%
Operating Cash Flow Q/Q Growth	-128.21%	0.00%	9.96%	-119.24%	495.31%	-99.45%	12,951.07%	26.50%	-17.31%	19.51%	-13.08%
Free Cash Flow Firm Q/Q Growth	-91.74%	0.00%	-75.70%	-555.32%	101.87%	122.04%	28.38%	70.52%	-38.33%	-7.61%	-220.79%
Invested Capital Q/Q Growth	0.00%	0.00%	4.48%	-0.46%	-5.27%	-0.96%	3.48%	-4.26%	-2.00%	-0.63%	16.22%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	33.99%	32.07%	34.70%	29.32%	34.14%	40.50%	41.94%	41.97%	25.29%	39.03%	37.77%
EBIT Margin	29.86%	28.61%	30.82%	25.08%	26.99%	36.14%	37.85%	38.19%	35.74%	35.29%	35.13%
Profit (Net Income) Margin	23.68%	23.46%	28.38%	19.90%	21.47%	29.20%	30.61%	30.02%	29.45%	28.55%	28.17%
Tax Burden Percent	79.31%	81.98%	92.06%	79.34%	79.57%	80.82%	80.88%	78.61%	82.41%	80.90%	80.19%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	20.69%	18.02%	7.94%	20.66%	20.43%	19.18%	19.12%	21.39%	17.59%	19.10%	19.81%
Return on Invested Capital (ROIC)	4.99%	5.27%	6.69%	8.99%	5.32%	7.55%	7.55%	7.68%	7.92%	7.82%	7.24%
ROIC Less NNEP Spread (ROIC-NNEP)	4.99%	5.27%	6.69%	8.99%	5.32%	7.55%	7.55%	7.68%	7.92%	7.82%	7.24%
Return on Net Nonoperating Assets (RNNOA)	4.61%	4.14%	4.73%	5.76%	3.60%	4.95%	4.64%	4.09%	3.65%	3.36%	3.53%
Return on Equity (ROE)	9.60%	9.41%	11.41%	14.75%	8.91%	12.49%	12.18%	11.77%	11.57%	11.17%	10.77%
Cash Return on Invested Capital (CROIC)	10.45%	-4.90%	-12.28%	-189.18%	6.35%	8.85%	9.65%	14.43%	11.94%	11.70%	-0.57%
Operating Return on Assets (OROA)	1.19%	1.13%	1.19%	0.93%	1.12%	1.56%	1.52%	1.54%	1.46%	1.45%	1.44%
Return on Assets (ROA)	0.94%	0.92%	1.09%	0.73%	0.89%	1.26%	1.23%	1.21%	1.21%	1.18%	1.16%
Return on Common Equity (ROCE)	8.90%	8.74%	10.64%	13.86%	8.33%	11.70%	11.45%	11.08%	10.90%	10.54%	10.19%
Return on Equity Simple (ROE_SIMPLE)	0.00%	10.08%	9.46%	8.88%	0.00%	9.77%	9.73%	10.58%	0.00%	11.22%	10.39%
Net Operating Profit after Tax (NOPAT)	64	62	95	63	69	93	99	100	99	95	102
NOPAT Margin	23.68%	23.46%	28.38%	19.90%	21.47%	29.20%	30.61%	30.02%	29.45%	28.55%	28.17%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	50.28%	51.21%	46.44%	52.02%	47.23%	46.17%	45.82%	45.47%	48.98%	46.12%	45.48%
Operating Expenses to Revenue	66.53%	67.25%	59.60%	71.17%	67.78%	59.50%	59.50%	58.75%	63.38%	60.35%	63.53%
Earnings before Interest and Taxes (EBIT)	81	76	103	80	86	115	123	128	120	117	128
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	92	85	116	93	109	129	136	140	85	130	137
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.01	0.99	1.05	1.09	1.17	1.06	1.04	1.04	1.06	1.10	1.27
Price to Tangible Book Value (P/TBV)	1.29	1.27	1.35	1.38	1.48	1.33	1.29	1.29	1.30	1.34	1.53
Price to Revenue (P/Rev)	2.40	2.36	2.68	2.75	2.84	2.53	2.54	2.59	2.66	2.73	3.36
Price to Earnings (P/E)	9.48	9.52	10.80	11.92	12.60	10.54	10.35	9.57	9.15	9.47	11.87
Dividend Yield	4.04%	4.20%	3.93%	3.73%	3.58%	3.85%	3.92%	3.85%	3.78%	3.62%	3.08%
Earnings Yield	10.55%	10.50%	9.26%	8.39%	7.94%	9.49%	9.66%	10.45%	10.92%	10.56%	8.42%
Enterprise Value to Invested Capital (EV/IC)	0.90	0.93	0.76	0.77	0.89	0.83	0.86	0.86	0.82	0.84	0.95
Enterprise Value to Revenue (EV/Rev)	4.15	4.34	3.54	3.43	3.58	3.16	3.45	3.25	2.98	3.02	3.83
Enterprise Value to EBITDA (EV/EBITDA)	11.40	12.19	10.25	10.54	10.97	9.13	9.44	8.19	7.99	8.17	10.63
Enterprise Value to EBIT (EV/EBIT)	12.87	13.72	11.56	12.00	12.83	10.63	10.92	9.32	8.07	8.22	10.62
Enterprise Value to NOPAT (EV/NOPAT)	15.79	16.84	13.74	14.32	15.31	12.77	13.61	11.65	10.01	10.19	13.19
Enterprise Value to Operating Cash Flow (EV/OCF)	12.37	9.96	8.63	17.61	10.61	15.44	22.23	12.52	12.87	9.58	12.27
Enterprise Value to Free Cash Flow (EV/FCFF)	8.37	0.00	0.00	0.00	13.94	9.24	8.80	5.75	6.72	7.07	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.81	0.83	0.70	0.64	0.56	0.51	0.53	0.43	0.37	0.36	0.45
Long-Term Debt to Equity	0.81	0.52	0.41	0.46	0.56	0.34	0.35	0.24	0.37	0.16	0.27
Financial Leverage	0.92	0.78	0.71	0.64	0.68	0.66	0.61	0.53	0.46	0.43	0.49
Leverage Ratio	10.21	10.18	10.43	10.05	10.01	9.91	9.92	9.70	9.60	9.49	9.32
Compound Leverage Factor	10.21	10.18	10.43	10.05	10.01	9.91	9.92	9.70	9.60	9.49	9.32
Debt to Total Capital	44.88%	45.43%	41.26%	39.04%	35.79%	33.60%	34.76%	30.13%	27.10%	26.33%	31.00%
Short-Term Debt to Total Capital	0.00%	17.03%	16.91%	10.77%	0.00%	10.95%	11.88%	13.39%	0.00%	14.39%	12.51%
Long-Term Debt to Total Capital	44.88%	28.41%	24.35%	28.27%	35.79%	22.66%	22.88%	16.73%	27.10%	11.93%	18.48%
Preferred Equity to Total Capital	3.85%	3.82%	3.65%	3.67%	3.87%	3.91%	3.78%	3.95%	4.03%	4.05%	3.49%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	51.27%	50.75%	55.09%	57.29%	60.34%	62.48%	61.46%	65.92%	68.87%	69.62%	65.52%
Debt to EBITDA	5.71	5.98	5.54	5.31	4.42	3.70	3.80	2.86	2.65	2.55	3.48
Net Debt to EBITDA	4.31	5.05	1.99	1.58	1.78	1.40	2.07	1.28	0.48	0.39	0.92
Long-Term Debt to EBITDA	5.71	3.74	3.27	3.85	4.42	2.50	2.50	1.59	2.65	1.16	2.08
Debt to NOPAT	7.91	8.26	7.43	7.22	6.17	5.18	5.47	4.07	3.31	3.18	4.32
Net Debt to NOPAT	5.97	6.98	2.67	2.15	2.49	1.96	2.99	1.82	0.60	0.48	1.14
Long-Term Debt to NOPAT	7.91	5.17	4.38	5.23	6.17	3.49	3.60	2.26	3.31	1.44	2.58
Noncontrolling Interest Sharing Ratio	7.22%	7.17%	6.81%	6.02%	6.48%	6.40%	6.00%	5.83%	5.77%	5.69%	5.40%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	317	-451	-792	-5,193	97	215	276	471	291	268	-324
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	2.51	-3.40	-4.99	-30.61	0.60	1.45	1.87	3.21	2.11	2.10	-2.25
Operating Cash Flow to Interest Expense	-0.46	1.15	1.06	-0.19	0.80	0.00	0.62	0.79	0.70	0.90	0.69
Operating Cash Flow Less CapEx to Interest Expense	-0.46	1.15	1.06	-0.19	0.80	0.00	0.62	0.79	0.70	0.90	0.69
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04
Fixed Asset Turnover	4.83	5.02	5.75	6.92	5.91	6.45	7.01	7.40	7.08	7.46	7.37
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	5,008	5,054	5,280	5,256	4,979	4,932	5,103	4,886	4,788	4,758	5,530
Invested Capital Turnover	0.21	0.22	0.24	0.45	0.25	0.26	0.25	0.26	0.27	0.27	0.26
Increase / (Decrease) in Invested Capital	-252	513	887	5,256	-28	-122	-177	-371	-192	-174	427
Enterprise Value (EV)	4,489	4,680	4,031	4,071	4,421	4,083	4,409	4,210	3,920	4,010	5,231
Market Capitalization	2,598	2,549	3,055	3,267	3,509	3,263	3,247	3,360	3,491	3,627	4,587
Book Value per Share	$15.64	$15.83	$16.00	$16.55	$16.51	$16.91	$17.25	$17.69	$18.26	$18.40	$18.96
Tangible Book Value per Share	$12.22	$12.37	$12.44	$13.03	$13.01	$13.46	$13.82	$14.29	$14.87	$15.03	$15.64
Total Capital	5,008	5,054	5,280	5,256	4,979	4,932	5,103	4,886	4,788	4,758	5,530
Total Debt	2,248	2,296	2,179	2,052	1,782	1,657	1,774	1,472	1,297	1,253	1,714
Total Long-Term Debt	2,248	1,436	1,286	1,486	1,782	1,117	1,167	818	1,297	568	1,022
Net Debt	1,698	1,939	782	612	718	627	969	658	236	190	451
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	2,248	2,296	2,179	2,052	1,782	1,657	1,774	1,472	1,297	1,253	1,714
Total Depreciation and Amortization (D&A)	11	9.13	13	13	23	14	13	13	-35	12	9.62
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.39	$0.36	$0.53	$0.33	$0.37	$0.50	$0.53	$0.54	$0.53	$0.51	$0.52
Adjusted Weighted Average Basic Shares Outstanding	162.02M	181.76M	181.91M	182.03M	182.20M	181.79M	182.10M	180.59M	180.01M	191.13M	190.91M
Adjusted Diluted Earnings per Share	$0.37	$0.36	$0.52	$0.33	$0.36	$0.49	$0.53	$0.53	$0.53	$0.51	$0.52
Adjusted Weighted Average Diluted Shares Outstanding	162.02M	181.76M	181.91M	182.03M	182.20M	181.79M	182.10M	180.59M	180.01M	191.13M	190.91M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	162.02M	181.76M	181.91M	182.03M	182.20M	181.79M	182.10M	180.59M	180.01M	191.13M	190.91M
Normalized Net Operating Profit after Tax (NOPAT)	64	62	108	74	76	93	99	100	100	97	114
Normalized NOPAT Margin	23.68%	23.46%	32.17%	23.44%	23.87%	29.30%	30.61%	30.02%	29.65%	29.20%	31.22%
Pre Tax Income Margin	29.86%	28.61%	30.82%	25.08%	26.99%	36.14%	37.85%	38.19%	35.74%	35.29%	35.13%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.64	0.57	0.65	0.47	0.54	0.77	0.83	0.87	0.87	0.91	0.89
NOPAT to Interest Expense	0.51	0.47	0.60	0.37	0.43	0.63	0.67	0.68	0.72	0.74	0.71
EBIT Less CapEx to Interest Expense	0.64	0.57	0.65	0.47	0.54	0.77	0.83	0.87	0.87	0.91	0.89
NOPAT Less CapEx to Interest Expense	0.51	0.47	0.60	0.37	0.43	0.63	0.67	0.68	0.72	0.74	0.71
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	40.71%	42.01%	42.46%	44.49%	45.61%	43.27%	42.79%	39.22%	36.06%	36.24%	36.82%
Augmented Payout Ratio	67.82%	66.10%	65.29%	57.31%	56.12%	43.44%	47.44%	51.99%	52.92%	59.15%	60.50%

Financials Breakdown Chart

Key Financial Trends

Fulton Financial’s Q2 2026 results show continued revenue and earnings growth, although rising operating costs and funding needs remain important risks. Total revenue increased to $363.6 million from $324.1 million in Q2 2025, while net interest income rose 11.5% to $284.3 million. Net income increased more modestly to $102.4 million from $99.2 million, as higher non-interest expenses offset part of the revenue gain.

The longer-term trend is favorable. Compared with Q1 2023, Q2 2026 revenue is up approximately 36%, net interest income is up 32%, and net income is up about 50%. Earnings per share increased from $0.39 to $0.52 over that period, despite the weighted average share count rising from roughly 165.5 million to 190.9 million. The quarterly common dividend also increased from $0.15 to $0.19 per share.

Fulton’s balance sheet has expanded, with total assets reaching $34.6 billion in Q2 2026 versus $27.1 billion in Q1 2023. Total equity rose to $3.8 billion from $2.6 billion over the same period. However, Q2 cash growth was supported heavily by $383.4 million of debt issuance, while deposits declined by $50.5 million during the quarter. Investors should also note that several historical figures are marked as restated or calculated, and the standardized loan balances appear unusual, so balance-sheet comparisons should be interpreted cautiously.

Net interest income continues to grow: Q2 2026 net interest income reached $284.3 million, up from $254.9 million in Q2 2025 and $215.6 million in Q1 2023.
Revenue growth remains broad: Total revenue increased 12.2% year over year, with loan interest income rising to $371.6 million and non-interest income reaching $79.3 million.
Credit-loss provisions improved: The provision for credit losses declined to $4.9 million in Q2 2026 from $8.6 million in Q2 2025 and $14.4 million in Q1 2026.
Profitability has improved over the longer term: Net income increased from $68.3 million in Q1 2023 to $102.4 million in Q2 2026, while diluted EPS improved from $0.39 to $0.52.
Capital has strengthened: Total equity grew to $3.8 billion in Q2 2026 from $3.3 billion in Q2 2025 and $2.6 billion in Q1 2023.
Shareholder distributions are rising: The common dividend increased to $0.19 per share from $0.17 in Q2 2024 and $0.15 in Q2 2023. Fulton also continued repurchasing common stock.
Operating cash flow remains positive: Q2 2026 operating cash flow was $99.7 million, although this was below $114.7 million in Q1 2026 and $116.1 million in Q3 2025.
Investment securities activity is significant: Fulton purchased $364.1 million of investment securities and sold or received maturities totaling $380.4 million in Q2 2026, producing positive net investing cash flow of $16.3 million.
Operating expenses are rising faster than revenue: Non-interest expense increased nearly 20% year over year to $231.0 million, including a $13.8 million restructuring charge.
Funding pressure bears watching: Deposits fell by $50.5 million in Q2 2026, while debt issuance contributed $383.4 million of financing cash flow. Greater reliance on debt could increase funding costs and balance-sheet risk.

09/15/26 07:50 AM ETAI Generated. May Contain Errors.

Fulton Financial Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Fulton Financial's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Fulton Financial's net income appears to be on an upward trend, with a most recent value of $391.61 million in 2025, rising from $0.00 in 2015. The previous period was $288.74 million in 2024. Check out Fulton Financial's forecast to explore projected trends and price targets.

Over the last 10 years, Fulton Financial's total revenue changed from $0.00 in 2015 to $1.31 billion in 2025, a change of 131,311,300,000.0%.

Fulton Financial's total liabilities were at $28.63 billion at the end of 2025, a 0.9% decrease from 2024, and a 80.4% increase since 2015.

In the past 10 years, Fulton Financial's cash and equivalents has ranged from $101.12 million in 2015 to $300.34 million in 2023, and is currently $271.46 million as of their latest financial filing in 2025.

Over the last 10 years, Fulton Financial's book value per share changed from 11.73 in 2015 to 18.26 in 2025, a change of 55.6%.

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Financial statements for NASDAQ:FULT last updated on 8/7/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Fulton Financial (FULT) Financials

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Fulton Financial (FULT) Financials

Annual Income Statements for Fulton Financial

Quarterly Income Statements for Fulton Financial

Annual Cash Flow Statements for Fulton Financial

Quarterly Cash Flow Statements for Fulton Financial

Annual Balance Sheets for Fulton Financial

Quarterly Balance Sheets for Fulton Financial

Annual Metrics And Ratios for Fulton Financial

Quarterly Metrics And Ratios for Fulton Financial

Financials Breakdown Chart

Key Financial Trends

Fulton Financial Financials - Frequently Asked Questions

When does Fulton Financial's financial year end?

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How has Fulton Financial's revenue changed over the last 10 years?

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How has Fulton Financial's book value per share changed over the last 10 years?

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