Fulton Financial Stock Price, News & Analysis

Fulton Financial Corporation (NASDAQ: FULT) announced that President Angela Snyder will retire effective December 31, 2025. Chairman and CEO Curt Myers praised Snyder's leadership and contributions to the company, highlighting her role in shaping the organization's current position.

Snyder expressed confidence in the company's future, citing the strength of the existing team and leadership. She will conclude her tenure at the end of 2025, marking a significant leadership transition for the financial institution.

Fulton Bank (NASDAQ:FULT) has appointed Kevin Gremer as Senior Executive Vice President and Chief Operations and Technology Officer, effective August 25, 2025. Reporting to Chairman and CEO Curt Myers, Gremer will lead the bank's information technology and operations teams, focusing on enhancing digital customer experience.

Gremer brings over 27 years of financial services leadership experience, most recently serving as SVP, Head of Operations at City National Bank (RBC's U.S. subsidiary). His previous roles include senior positions at Capital One Financial Corporation, where he spent over 20 years in progressive management roles.

Fulton Financial Corporation (NASDAQ: FULT) reported strong Q2 2025 results with net income of $96.6 million, or $0.53 per diluted share, up from Q1 2025. Operating net income reached a company record of $100.6 million, or $0.55 per diluted share.

Key financial metrics include a solid net interest margin of 3.47%, net loans increase of $150.0 million, and improved common equity tier 1 capital ratio of 11.3%. The bank maintained strong asset quality with an allowance for credit losses of 1.57% of total net loans and annualized net charge-offs of 0.20%.

Total deposits were $26.1 billion, showing a slight decrease of $190.9 million from Q1 2025, while net loans grew to $24.0 billion. Non-interest income increased by $1.9 million to $69.1 million, and non-interest expense rose by $3.4 million to $192.8 million compared to the previous quarter.

Fulton Financial Corporation (NASDAQ: FULT), a $30 billion financial holding company, has scheduled its second quarter 2025 earnings release for Tuesday, July 15, 2025, at approximately 4:30 p.m. Eastern Time. The company will host an analyst conference call on Wednesday, July 16, at 10:00 a.m. Eastern Time.

The conference call will be led by Chairman and CEO Curtis J. Myers, accompanied by Senior Executive Vice President and CFO Rick Kraemer. Fulton Bank operates more than 200 financial centers across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia, employing over 3,400 people.

Fulton Financial Corporation (NASDAQ: FULT) has announced its latest dividend declarations. The Board of Directors approved a quarterly cash dividend of $0.18 per share on common stock, payable on July 15, 2025, to shareholders of record as of July 1, 2025. Additionally, the company declared a quarterly dividend of $12.81 per share ($0.32025 per depositary share) on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on July 15, 2025, to shareholders of record as of June 30, 2025. Fulton Financial, with over $30 billion in assets, operates more than 200 financial centers across five states through Fulton Bank, N.A., employing over 3,400 people.

Fulton Bank (NASDAQ: FULT) has published its 2024 Corporate Social Responsibility Report titled 'From Values to Value', showcasing its commitment to stakeholder value creation. The bank reported significant community investments including $303 million in community development, $220 million in mortgage loans to low-moderate income buyers (2023-2024), and $135 million in SBA loan originations. Notable achievements include $11.7 million in charitable donations, over 11,000 employee volunteer hours in 2024, and an 'Outstanding' rating in Community Reinvestment Act performance. The report emphasizes Fulton's focus on digital capabilities, financial literacy, environmental sustainability, employee engagement, and responsible governance practices.

Fulton Bank (NASDAQ: FULT) has announced key leadership changes effective June 1, 2025. Andy Fiol, currently Head of Consumer & Business Banking, has been promoted to Chief Banking Officer. JoBeth Mauriello will succeed Fiol as the new Head of Consumer & Business Banking.

Fiol, who joined Fulton in 2018, brings over 20 years of financial services experience, including executive roles at Capital One and Bank of America. Mauriello, with 40+ years in financial services, has been with Fulton since 2007 and currently serves as Head of Sales and Transformation Initiatives.

CEO Curt Myers emphasized these appointments align with the bank's strategic priority to accelerate organic growth and enhance customer service excellence.

Fulton Bank (NASDAQ: FULT) has announced two $2,000 scholarships for students pursuing STEM fields, funded by the bank's Women in Technology employee resource group. The scholarships are available to high school seniors residing in Pennsylvania, New Jersey, Maryland, Delaware, District of Columbia, or Virginia who are enrolling in accredited undergraduate programs for the 2025/2026 academic year.

Applications must be submitted by May 9, 2025, with recipients to be notified around May 30, 2025. Eligible candidates must demonstrate academic excellence and plan to major in science, technology, engineering, or mathematics. Children of active Fulton employees, directors, and advisory board members are not eligible.

Fulton Financial (NASDAQ: FULT) reported strong Q1 2025 results with net income of $90.4 million, or $0.49 per diluted share, marking a $24.4 million increase from Q4 2024. Operating net income reached $95.5 million, or $0.52 per diluted share.

Key highlights include a solid net interest margin of 3.43%, with total cost of funds decreasing by 12 basis points. Non-interest expense decreased by $27.2 million to $189.5 million. Customer deposits grew by $304.9 million (4.9% annualized), excluding brokered deposits. The common equity tier 1 capital ratio improved to 11.0%.

Asset quality metrics showed improvement with non-performing assets decreasing to 0.62% of total assets, down from 0.69% in Q4 2024. The allowance for credit losses stood at $379.7 million, representing 1.59% of total net loans, while net charge-offs were 0.21% of total average loans.