Fulton Financial Corporation Announces Increased Common Stock Dividend, Preferred Stock Dividend and $150 Million Repurchase Program

Rhea-AI Summary

Fulton Financial (Nasdaq: FULT) announced a quarterly common dividend of $0.19 per share, payable Jan 15, 2026, to holders of record Dec 31, 2025, up $0.01 from the prior quarterly dividend. The Board also declared a preferred dividend of $12.81 per preferred share (equivalent to $0.32025 per depositary share) for the period Oct 15, 2025 to Jan 15, 2026, payable Jan 15, 2026.

The Board approved a $150 million repurchase program effective Jan 1, 2026 through Jan 31, 2027, with up to $25 million available to repurchase preferred or subordinated notes; purchases are discretionary and subject to capital, liquidity and regulatory considerations. Fulton reported approximately $32 billion in assets and operates 200+ financial centers.

Positive

• Common dividend increased to $0.19 per share
• Preferred dividend declared at $12.81 per share for the quarter
• $150 million repurchase program approved for Jan 1, 2026–Jan 31, 2027

Negative

• Common dividend rise is modest: only $0.01 per share increase
• Repurchases are discretionary and may not occur depending on capital

Key Figures

Common dividend $0.19 per share Quarterly dividend payable January 15, 2026

Prior dividend $0.18 per share Quarterly dividend declared September 16, 2025

Preferred dividend $12.81 per share Series A quarterly dividend; $0.32025 per depositary share

Depositary dividend $0.32025 per share Per depositary share for Series A preferred

Repurchase authorization $150 million Aggregate principal amount under 2026 Program Jan 1, 2026–Jan 31, 2027

Preferred/debt buyback cap $25 million Maximum for Preferred Stock and subordinated notes within 2026 Program

Total assets $32 billion Company size cited in release

Employees and centers 3,300+ employees, 200+ centers Operating footprint across PA, NJ, MD, DE and VA

Market Reality Check

$19.91 Last Close

Volume Volume 1,272,853 vs 20-day average 1,641,727 shows trading below recent norms ahead of this announcement. normal

Technical Price $19.91 is above 200-day MA of $18.05 and about 6.96% below the 52-week high.

Peers on Argus

While FULT was up 0.15% pre-news, key regional bank peers like RNST (-0.88%), FHB (-0.95%) and INDB (-0.71%) were down, suggesting today’s dividend increase and new $150 million repurchase authorization are company-specific rather than part of a sector-wide move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 24	Acquisition announcement	Positive	-1.2%	All-stock merger with Blue Foundry Bancorp valued at about $243 million.
Oct 21	Earnings results	Positive	-1.4%	Q3 2025 net income and operating net income improved versus prior quarter.
Oct 02	Earnings scheduling	Neutral	+0.0%	Announced dates and access details for Q3 2025 earnings release and call.
Sep 16	Dividend declaration	Positive	+1.3%	Declared $0.18 common dividend and regular preferred Series A dividend.
Aug 25	Community initiative	Neutral	-0.1%	Awarded two $2,000 STEM scholarships through Fulton Bank initiative.

Pattern Detected

Recent material positives (acquisition, strong Q3 results) saw modest negative price reactions, while dividend news drew a small positive move.

Recent Company History

Over the last few months, Fulton has reported stronger operating performance and pursued strategic growth. Q3 2025 results showed higher earnings and continued share repurchases. On Nov 24, 2025, Fulton announced an all-stock merger with Blue Foundry valued near $243 million. Dividend declarations on Sep 16, 2025 supported shareholder returns. Today’s higher common dividend and new $150 million repurchase program build on that capital return track alongside ongoing M&A activity.

Regulatory & Risk Context

Active S-3 Shelf Registration 2025-08-11

Fulton has an effective S-3ASR shelf registration dated Aug 11, 2025, allowing it to issue common and preferred stock, debt securities, depositary shares, warrants, purchase contracts and units over time. As of the provided data, there is no recorded usage of this shelf (usage count 0).

Market Pulse Summary

This announcement combines a higher quarterly common dividend of $0.19 per share with a new $150 million repurchase program running through January 31, 2027, plus continued preferred dividends. It follows recent earnings strength and an announced all-stock acquisition. Investors should track how much of the authorization is ultimately used, any capital raised under the existing S-3ASR shelf, and how these actions interact with regulatory capital and future profitability.

Key Terms

depositary share financial

"equivalent to $0.32025 per depositary share) on its Fixed Rate"

A depositary share is a special type of stock that represents ownership in a company but is traded on the stock market like regular shares. It often makes it easier for people to buy and sell shares of companies from other countries or smaller companies that don’t list directly on big exchanges.

subordinated notes financial

"Fixed-to-Floating Rate Subordinated Notes due 2030 or Fulton's 3.750%"

Subordinated notes are loans companies issue that rank below other debts for repayment, meaning holders get paid only after higher-priority creditors if the issuer runs into trouble. Because they act like being farther back in line at a buffet, they usually offer higher interest to compensate for greater risk, so investors watch them for potential higher returns but also increased chance of loss and sensitivity to the issuer’s financial health.

fixed-to-floating rate financial

"Fulton's 3.250% Fixed-to-Floating Rate Subordinated Notes due 2030"

A fixed-to-floating rate is a type of loan or investment that starts with a fixed interest rate for a certain period, meaning the payments stay the same, then switches to a variable rate that can change over time based on market conditions. This matters because it offers the stability of fixed payments initially, but also the flexibility to benefit if interest rates drop later.

financial holding company financial

"Fulton, a $32 billion Lancaster, Pennsylvania-based financial holding company,"

A financial holding company is a parent firm that owns and oversees banks and other financial businesses, such as lending, insurance, or investment services. It matters to investors because it bundles several money-making activities under one roof—like a parent managing several children—so returns, risks, and regulatory rules for banking apply to the whole group; trouble in one unit can affect the company’s profits, capital needs, and dividends.

federal securities laws regulatory

"or by other means in accordance with federal securities laws."

Federal securities laws are the set of national rules that require companies and market participants to provide accurate information, prohibit deceptive practices, and ensure fair trading of stocks and bonds. Think of them as the rules of the road for financial markets: they help investors make informed choices by mandating disclosures and punishing fraud, which reduces risk and builds trust in the safety and reliability of investments.

AI-generated analysis. Not financial advice.

LANCASTER, Pa., Dec. 16, 2025 /PRNewswire/ -- Fulton Financial Corporation ("Fulton") (Nasdaq: FULT) today announced that its Board of Directors (the "Board") declared a quarterly cash dividend of nineteen cents per share on its common stock, payable on January 15, 2026, to shareholders of record as of December 31, 2025. This is a one cent per share increase from the quarterly cash dividend that the Board declared on September 16, 2025.

"The Board's decision to increase our common dividend and increase our share repurchase program demonstrates our continued strength, confidence and commitment to delivering value to our shareholders," said Chairman and CEO Curt Myers.

In addition, Fulton announced that the Board declared a quarterly dividend of $12.81 per share (equivalent to $0.32025 per depositary share) on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A ("Preferred Stock"), payable on January 15, 2026, to shareholders of record as of December 31, 2025, for the period from and including October 15, 2025, to but excluding, January 15, 2026.

Fulton also announced that the Board approved the repurchase of shares of Fulton's common stock and other securities in an aggregate principal amount not to exceed $150 million commencing on January 1, 2026, and expiring on January 31, 2027 (the "2026 Program"). Under the 2026 Program, up to $25 million, in the aggregate, may be used to repurchase shares of Fulton's Preferred Stock, Fulton's 3.250% Fixed-to-Floating Rate Subordinated Notes due 2030 or Fulton's 3.750% Fixed-to-Floating Rate Subordinated Notes due 2035. Purchases may be made from time to time under the 2026 Program in open market transactions at prevailing market prices, in privately negotiated transactions or by other means in accordance with federal securities laws. The 2026 Program may be discontinued at any time at the discretion of the Board and does not commit Fulton to repurchase any of its securities. Purchases, if any, will be determined by management in its discretion and will depend upon a number of factors, including Fulton's capital position, liquidity, financial performance and alternate uses of capital, the market price of Fulton's securities, general market and economic conditions, and applicable legal and regulatory requirements.

Fulton, a $32 billion Lancaster, Pennsylvania-based financial holding company, has more than 3,300 employees and operates more than 200 financial centers in Pennsylvania, New Jersey, Maryland, Delaware and Virginia through Fulton Bank, N.A.

Additional information on Fulton can be found at investor.fultonbank.com.

Media:
Rachel Sharkey (717) 291-2831

Investors:
Matt Jozwiak (717) 327-2657

View original content to download multimedia:https://www.prnewswire.com/news-releases/fulton-financial-corporation-announces-increased-common-stock-dividend-preferred-stock-dividend-and-150-million-repurchase-program-302643888.html

SOURCE Fulton Financial Corporation

FAQ

What is Fulton (FULT) common dividend for January 15, 2026 and record date?

Fulton declared a $0.19 quarterly common dividend payable Jan 15, 2026 to shareholders of record as of Dec 31, 2025.

How much is the Fulton (FULT) preferred dividend payable Jan 15, 2026?

The preferred dividend was declared at $12.81 per preferred share (equivalent to $0.32025 per depositary share) payable Jan 15, 2026.

What are the terms of Fulton’s $150 million repurchase program (FULT)?

The Board approved up to $150 million in repurchases from Jan 1, 2026 through Jan 31, 2027, with up to $25 million available for preferred or subordinated notes.

Will Fulton (FULT) definitely repurchase shares under the 2026 program?

No; repurchases are at management discretion and depend on capital, liquidity, market and regulatory conditions.

How does Fulton (FULT) describe the purpose of the dividend and repurchase actions?

The company said the actions reflect its confidence and commitment to delivering value to shareholders.

Where does Fulton (FULT) operate and what size is the company?

Fulton operates 200+ financial centers with about $32 billion in assets and more than 3,300 employees.