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 reports developments for a regional financial holding company that provides consumer and commercial banking, deposit and loan products, and wealth management services through bank subsidiaries in Pennsylvania, New Jersey, Maryland, Delaware and Virginia.
Recurring updates cover quarterly operating results, earnings webcasts, common and Series A preferred dividends, capital-structure disclosures, governance changes and bank acquisition integration. News also reflects the completed acquisition of Blue Foundry Bancorp, which expanded Fulton's New Jersey presence and added Blue Foundry Bank as a subsidiary alongside Fulton Bank, N.A.
Fulton Financial announced the pricing of a $250 million offering of 16,666,667 shares of common stock at $15 per share, with a 30-day option for underwriters to purchase additional shares. The net proceeds are expected to be around $238 million. The offering will fund general corporate purposes, including business strategy opportunities post-acquisition of Republic First Bank assets. The expected closing date is around May 1, 2024.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.