Welcome to our dedicated page for Fulton Financial news (Ticker: FULT), a resource for investors and traders seeking the latest updates and insights on Fulton Financial stock.
Fulton Financial Corporation (NASDAQ: FULT) is a Lancaster, Pennsylvania-based financial holding company serving the Mid-Atlantic region through its subsidiary Fulton Bank, N.A. This news page aggregates coverage of FULT, with a focus on corporate announcements, earnings results, capital actions and strategic developments that affect the company’s commercial banking and financial services operations.
Readers can expect regular updates on quarterly and annual financial results, which Fulton releases via earnings press releases and accompanying investor presentations. These items typically detail net income, net interest income, non-interest income, asset quality metrics, capital ratios and other key performance indicators. The company also announces the dates and times of its earnings releases and analyst conference calls, along with webcast access information.
Fulton’s news flow frequently includes dividend declarations and share repurchase authorizations, such as quarterly cash dividends on its common stock and Series A preferred stock and board-approved repurchase programs covering common shares and certain other securities. Strategic activity is another important theme: Fulton has announced an Agreement and Plan of Merger with Blue Foundry Bancorp in an all-stock transaction and has disclosed the acquisition of substantially all of the assets and deposits of Republic First Bank by Fulton Bank from the FDIC as receiver.
Additional news items highlight leadership and governance changes, including executive appointments, retirements and new senior roles at Fulton Bank overseeing operations, technology and treasury functions. Community and employee-focused stories, such as scholarship awards funded by internal employee resource groups and community initiatives under the Fulton Forward® banner, also appear in the company’s news.
Investors, analysts and other interested readers can use this page to follow FULT’s ongoing financial performance, capital management decisions, merger activity and community banking initiatives in one consolidated feed.
The Board of Directors of Fulton Financial Corporation (NASDAQ: FULT) has declared a quarterly cash dividend of 14 cents per share on common stock, payable on January 14, 2022, to shareholders of record as of December 31, 2021.
Additionally, a quarterly dividend of $12.81 per share on Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, will be paid on January 18, 2022, to holders of record as of December 31, 2021. Fulton Financial, with assets of $26 billion, operates over 200 branches across several states.
Fulton Financial Corporation (FULT) has declared a special cash dividend of eight cents per share, payable on December 15, 2021, to shareholders of record as of December 1, 2021. The company maintained quarterly dividends of fourteen cents per share throughout 2021, reporting record earnings per share in the first and third quarters. Furthermore, Fulton extended its stock repurchase program from December 31, 2021, to March 31, 2022, with $75 million authorized for repurchase, of which $29.2 million has been utilized.
Fulton Financial Corporation (NASDAQ: FULT) announced the retirement of Daniel R. Stolzer, chief legal officer, effective
Fulton Financial Corporation (NASDAQ:FULT) reported a net income of $73 million or $0.45 per diluted share for Q3 2021, showcasing record earnings per share. Loan growth improved in various sectors, with net interest income surging to $171 million, a $9 million increase from Q2 2021. Additionally, mortgage banking income and wealth management achieved record highs. Non-interest income rose by 21% to $63 million, while total average deposits grew to $22.1 billion. However, average loans decreased 2.6% to $18.4 billion.
Fulton Financial Corporation (NASDAQ: FULT) announced the release of its third quarter 2021 earnings report on October 19 at 4:30 p.m. ET. A conference call for analysts will take place on October 20 at 10:00 a.m. ET, hosted by CEO E. Philip Wenger, with CFO Mark R. McCollom and COO Curtis J. Myers. The event will be accessible via webcast at investor.fultonbank.com and can also be joined by phone at (844) 264-2102, Conference ID: 4969541.
Fulton Financial Corporation (NASDAQ: FULT) has appointed Anthony L. Cossetti as Executive Vice President, Chief Accounting Officer, and Controller. With over 27 years of experience, including 18 years in banking, Cossetti will oversee SEC reporting and operational accounting functions. He joins from Title Alliance Ltd. and has held significant roles at other financial institutions. Cossetti succeeds Mark R. McCollom, who served in an interim capacity. Fulton Financial is a $26 billion financial holding company based in Lancaster, PA, with over 3,300 employees across multiple states.
The Board of Directors of Fulton Financial Corporation (Nasdaq: FULT) has declared a quarterly cash dividend of 14 cents per share on its common stock, payable on October 15, 2021, to shareholders of record as of October 1, 2021. Additionally, a dividend of $12.81 per share on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, will be paid to holders on the same date for holders of record as of September 30, 2021. Fulton Financial operates over 200 branches across multiple states and has approximately 3,300 employees.
Fulton Financial Corporation (NASDAQ:FULT) reported net income of $62 million, or $0.38 per diluted share, for Q2 2021. Key highlights include a decrease in net interest income to $162 million, attributed to lower Paycheck Protection Program (PPP) fee income. Total average net loans fell by $74 million to $18.9 billion, impacted by $639 million of PPP loans forgiven. Non-interest income decreased by $10 million to $52 million due to lower mortgage banking income. Non-interest expenses decreased by $38 million to $141 million, reflecting costs from prior quarter restructuring. The effective tax rate was stable at 16%.
Fulton Financial Corporation (Nasdaq:FULT) will release its second quarter 2021 earnings on July 20 at 4:30 p.m. ET. A conference call for analysts is scheduled for July 21 at 10:00 a.m. ET, hosted by CEO E. Philip Wenger, along with President Curtis J. Myers and CFO Mark R. McCollom. Interested parties can access the call via webcast at this link or by phone at (844) 264-2102, Conference ID: 3899811. Fulton Financial is a $26 billion financial holding company with over 200 branches across five states.
The Board of Directors of Fulton Financial Corporation (FULT) has announced a quarterly cash dividend of $0.14 per share on its common stock, payable on July 15, 2021, to shareholders of record as of July 1, 2021. Additionally, a quarterly dividend of $12.81 per share on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, will be paid to holders of record as of June 30, 2021. Fulton Financial Corporation, valued at $26 billion, operates over 200 branches across five states.
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