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Fulton Financial Corp. - FULT STOCK NEWS

Welcome to our dedicated news page for Fulton Financial (Ticker: FULT), a resource for investors and traders seeking the latest updates and insights on Fulton Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fulton Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fulton Financial's position in the market.

Rhea-AI Summary
Fulton Financial reported a decrease in net income available to common shareholders for the first quarter of 2024 compared to the fourth quarter of 2023. The net interest income decreased, but interest income from net loans increased. Asset quality remained stable, and non-interest income decreased due to various factors. Non-interest expense decreased primarily due to lower FDIC insurance expenses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
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Rhea-AI Summary
Fulton Bank, N.A., part of Fulton Financial (NASDAQ: FULT), has announced the availability of two $3,000 scholarships for local women pursuing degrees in STEM fields. These scholarships are facilitated by the bank's Women in Technology employee resource group. Eligible candidates must be female, reside in specific states within the bank's operational footprint, be high school seniors, and plan to enroll in a STEM major at an accredited institution for the 2024/2025 academic year. Applications must be submitted by May 10, 2024, with necessary documents to be considered. Children of Fulton Bank or Fulton Financial employees or board members are ineligible.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
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none
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Rhea-AI Summary
Fulton Financial (FULT) will release its Q4 2023 earnings on April 16, followed by a conference call on April 17. The company, with $27 billion in assets, operates over 200 branches in five states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.07%
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Rhea-AI Summary
Fulton Financial (Nasdaq: FULT) announced the distribution of its first quarter 2024 earnings release and webcast details. The company will release the earnings on April 16 and host a conference call on April 17. Fulton, a $27 billion financial holding company based in Lancaster, operates over 200 branches in several states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.07%
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Rhea-AI Summary
Fulton Financial (Nasdaq: FULT) declares a quarterly cash dividend of $0.17 per share on common stock and $12.81 per share on preferred stock. The company, with a market cap of $27 billion, operates over 200 financial centers in several states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.53%
Tags
dividends
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Rhea-AI Summary
Fulton Financial Corporation (FULT) appoints Betsy Chivinski as interim CFO and Atul Malhotra as CRO. Chivinski brings 40 years of experience to the role, while Malhotra has over 20 years of experience in risk management. Both changes are effective immediately.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Fulton Financial Corporation (FULT) reported a decrease in net income available to common shareholders for the fourth quarter of 2023, as well as for the year ended December 31, 2023, compared to the same periods in 2022. The Corporation launched the 'FultonFirst' initiative and recognized a Federal Deposit Insurance Corporation special assessment charge of $6.5 million. Net interest income decreased in the fourth quarter of 2023, and non-interest expense increased. Non-performing assets, net charge-offs, and non-interest income all saw changes in the fourth quarter of 2023 compared to the third quarter of 2023 and the fourth quarter of 2022. The effective tax rate for 2023 was 18.5% compared to 17.3% for 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
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Rhea-AI Summary
Fulton Financial Corporation (Nasdaq: FULT) will release its Q4 2023 earnings on January 16, with a conference call on January 17. The $27 billion financial holding company operates over 200 branches in 5 states, with 3,300 employees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.44%
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Rhea-AI Summary
Fulton Financial Corporation (NASDAQ: FULT) appoints Angela Snyder as President of Fulton and Fulton Bank, N.A., effective January 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
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none
Rhea-AI Summary
Fulton Financial Corporation (Nasdaq: FULT) Increases Quarterly Dividend and Announces Share Repurchase Program
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
Tags
buyback dividends
Fulton Financial Corp.

Nasdaq:FULT

FULT Rankings

FULT Stock Data

2.40B
160.05M
1.03%
73.69%
4.94%
Commercial Banking
Finance and Insurance
Link
US
Lancaster

About FULT

fulton financial corporation is a $17+ billion regional financial holding company headquartered in lancaster, pennsylvania, providing a variety of financial services throughout our ten affiliates in pennsylvania, maryland, delaware, new jersey and virginia. we operate approximately 250 offices and atms. our flagship bank, fulton bank, was founded in 1882 and operates throughout south central pennsylvania, delaware and virginia. our corporation also provides a broad array of financial services through: fulton financial advisors, n.a. (trust, brokerage and investment management services) fulton mortgage company (residential mortgage services) as part of fulton financial corporation, our affiliate banks are able to offer a broad array of financial services while maintaining the strong personal relationships and community support our customers have come to expect and appreciate. our community-oriented style of banking enables us to be better listeners, and to satisfy and maintain lo