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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 Corporation reported net income of $77.0 million for Q2 2023, a 17.2% increase from Q1 2023. Operating net income was $77.8 million. Net interest income decreased by $2.7 million, primarily due to an increase in the rate on interest-bearing deposits. Interest income increased by $25.1 million, driven by higher loan yields and an increase in average net loans. Non-interest income increased by $8.9 million, mainly from commercial banking income. Non-interest expense increased by $8.4 million. The effective tax rate for Q2 2023 was 16.8%.
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4.73%
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1%
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0.75%
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0.23%
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4.71%
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3.76%
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-0.78%
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-1.17%
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-1.18%
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Fulton Financial Corp.

Nasdaq:FULT

FULT Rankings

FULT Stock Data

2.58B
160.05M
1.02%
73.51%
5.34%
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