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Fulton Financial Q3 2026 earnings rise to $0.59 EPS

FULT's 2026 outlook puts non-FTE net interest income at $1.125–$1.135 billion and operating non-interest expense at $820–$830 million.

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Filing Sentiment

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8-K

Rhea-AI Filing Summary

Fulton Financial Corporation (FULT) reported third-quarter 2026 net income available to common shareholders of $114.1 million, or $0.59 per diluted share, up $14.2 million and $0.07 per share from the second quarter. Operating net income, a non-GAAP measure, was $119.8 million, or $0.62 per diluted share, up $3.9 million and $0.02 per share.

Net interest income was $290.0 million, while net interest margin was 3.58%, down two basis points from the prior quarter. Deposits totaled $28.8 billion and net loans were $26.0 billion as of September 30, 2026. The allowance for credit losses attributable to net loans was $375.6 million, or 1.45% of total net loans; non-performing assets were $179.4 million, or 0.52% of total assets.

FULT repurchased 2,325,000 common shares for $56.1 million during the quarter, at an average of $24.14 per share. Its 2026 guidance lists non-FTE net interest income of $1.125–$1.135 billion, provision for credit losses of $30–$40 million, non-interest income of $295–$305 million, and operating non-interest expense of $820–$830 million, excluding non-operating expenses and core deposit intangible amortization.

1 point · 0 major

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Positive

  • Moderate pointThird-quarter net income available to common shareholders rose $14.2 million from the second quarter.

Negative

  • None.

Filing Explained

The presentation says $58 million remains under the $150 million 2026 share-repurchase authorization, which expires January 31, 2027; that is permission for additional purchases, not a commitment to spend the balance.

Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Net income available to common shareholders $114.1 million Third quarter 2026; up $14.2 million from the second quarter
Diluted EPS $0.59 per diluted share Third quarter 2026; up $0.07 per diluted share from the second quarter
Operating net income available to common shareholders $119.8 million Third quarter 2026; non-GAAP measure
Net interest income $290.0 million Third quarter 2026
Net interest margin 3.58% Third quarter 2026; down two basis points from the second quarter
Net loans $26.0 billion As of September 30, 2026
Deposits $28.8 billion As of September 30, 2026
Common stock repurchases $56.1 million During the third quarter of 2026
Net interest margin financial
"Net interest margin remained solid at 3.58%"
Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.
Allowance for credit losses financial
"allowance for credit losses attributable to net loans"
Allowance for credit losses is a reserve set aside by a financial institution to cover potential losses from borrowers who may not repay their loans. It acts like a safety net, helping the institution prepare for loans that might turn sour. For investors, it signals how cautious the institution is about the quality of its loans and potential risks to its financial health.
Non-performing assets financial
"Non-performing assets were $179.4 million"
Loans or other credit exposures that are not producing expected income because borrowers have stopped making scheduled payments for a significant period (commonly around 90 days). Think of it like a business lending money that has gone quiet — the cash flow stops while the lender still carries the debt on its books. High levels of non-performing assets matter to investors because they reduce a lender’s earnings, tie up capital that could be used for growth, and signal higher risk of future losses.
Common equity Tier 1 capital ratio regulatory
"Common equity Tier 1 capital ratio was 12.2%"
A bank’s common equity tier 1 (CET1) capital ratio measures the size of its strongest loss-absorbing capital—mainly common shares and retained earnings—relative to the bank’s assets after adjusting those assets for how risky they are (riskier loans count more). Think of it as the safety cushion compared with the weight of risky business; investors use it to judge a bank’s ability to survive losses, meet rules, and sustain dividends or growth.
Net income available to common shareholders $114.1 million Increased $14.2 million from the second quarter
Diluted EPS $0.59 per diluted share Increased $0.07 per diluted share from the second quarter
Operating net income available to common shareholders $119.8 million Increased $3.9 million from the second quarter
Operating diluted EPS $0.62 per diluted share Increased $0.02 per diluted share from the second quarter
Net interest margin 3.58% Decreased two basis points from the second quarter
Guidance

2026 ranges: non-FTE net interest income of $1.125–$1.135 billion; provision for credit losses of $30–$40 million; non-interest income of $295–$305 million; operating non-interest expense of $820–$830 million, excluding non-operating expenses and core deposit intangible amortization; effective tax rate of 18.5%–19.5%.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much did FULT earn in the third quarter of 2026?
FULT reported $114.1 million of net income available to common shareholders, or $0.59 per diluted share, for the third quarter of 2026. Both were up from the second quarter by $14.2 million and $0.07 per diluted share, respectively; operating net income was $119.8 million, or $0.62 per diluted share.

What is FULT's 2026 financial guidance?
FULT's guidance lists non-FTE net interest income of $1.125–$1.135 billion, provision for credit losses of $30–$40 million, non-interest income of $295–$305 million, and operating non-interest expense of $820–$830 million. The operating expense range excludes non-operating expenses and core deposit intangible amortization.

When does FULT's 2026 share repurchase authorization expire?
The 2026 Repurchase Program runs from January 1, 2026, through January 31, 2027, and authorizes up to $150 million, excluding fees, commissions, excise tax and other ancillary expenses. Up to $25 million may be used for preferred stock or outstanding subordinated notes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

October 21, 2026
Date of Report (date of earliest event reported)

Fulton Financial Corporation
(Exact name of registrant as specified in its charter)
Pennsylvania
001-39680
23-2195389
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
One Penn Square,
P.O. Box 4887
Lancaster,
Pennsylvania
17604
               (Address of Principal Executive Offices)
(Zip Code)
(717) 291-2411
(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $2.50FULTThe Nasdaq Stock Market, LLC
Depositary Shares, Each Representing 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A
FULTPThe Nasdaq Stock Market, LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
o



Item 2.02 Results of Operations and Financial Condition.

    On October 21, 2026, Fulton Financial Corporation (the "Corporation") issued a press release (the "Press Release") announcing its results of operations for the third quarter ended September 30, 2026. A copy of the Press Release and supplementary financial information which accompanied the Press Release are attached as Exhibit 99.1 to this Current Report on Form 8-K (this "Current Report") and are incorporated herein by reference. The Corporation also posted on its Investor Relations website, www.fultonbank.com, presentation materials the Corporation intends to use during a conference call and webcast to discuss those results on Thursday, October 22, 2026 at 10:00 a.m. eastern time. A copy of the presentation materials is attached as Exhibit 99.2 to this Current Report and is incorporated herein by reference.    

The information in this Item 2.02, including Exhibit 99.1 and Exhibit 99.2 attached hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, and such information shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.
(d)    Exhibits.
Exhibit No.Description
99.1
Press release dated October 21, 2026 containing financial information for the third quarter ended September 30, 2026, deemed furnished under the Securities Exchange Act of 1934.
99.2
Presentation materials to be discussed during the conference call and webcast on October 22, 2026, deemed furnished under the Securities Exchange Act of 1934.
104Cover page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document)

SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: October 21, 2026
FULTON FINANCIAL CORPORATION
By: /s/ Richard S. Kraemer
       Richard S. Kraemer
       Senior Executive Vice President and
       Chief Financial Officer




Exhibit 99.1

FULTON FINANCIAL
CORPORATION
FOR IMMEDIATE RELEASE
Media Contact: Lacey Dean (717) 735-8688
Investor Contact: Rick Kraemer (717) 327-2567


Fulton Financial Corporation Announces Third Quarter 2026 Results

(October 21, 2026) – Lancaster, PA – Fulton Financial Corporation (NASDAQ: FULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $114.1 million, or $0.59 per diluted share, for the third quarter of 2026, an increase of $14.2 million, or $0.07 per diluted share, in comparison to the second quarter of 2026. Operating net income available to common shareholders for the three months ended September 30, 2026 was $119.8 million(1), or $0.62 per diluted share(1), an increase of $3.9 million, or $0.02 per diluted share, in comparison to the second quarter of 2026.

Net income available to common shareholders for the nine months ended September 30, 2026 was $306.1 million, or $1.62 per diluted share, an increase of $21.2 million, or $0.07 per diluted share in comparison to the nine months ended September 30, 2025. Operating net income available to common shareholders for the nine months ended September 30, 2026, was $335.3 million(1), or $1.77 per diluted share(1), an increase of $37.9 million, or $0.15 per diluted share, in comparison to the nine months ended September 30, 2025.

"During the quarter, we achieved record financial results while successfully completing the Blue Foundry Bank integration and delivering solid growth in the customer base and customer funding," said Curtis J. Myers, Fulton Chairman, CEO and President. "Our ongoing strong performance reflects robust demand for our community banking model and the steadfast dedication of our team members to deliver a personalized experience. The sustained commitment to executing our strategic priorities is generating long-term value for our shareholders."

Financial Highlights

Third quarter of 2026 operating results of $0.62 per diluted share(1) were impacted by the following items:

•Net interest margin remained solid at 3.58%, representing a two basis point decrease from the prior quarter.

•Non-interest income decreased $2.1 million to $77.2 million compared to $79.3 million in the prior quarter. The decrease was primarily attributable to $6.9 million of income recognized from an equity method investment that was sold in the prior quarter.




•Non-interest expense decreased $12.4 million to $218.5 million compared to $231.0 million in the prior quarter. Operating non-interest expense increased $0.6 million to $211.2 million(1) compared to $210.6 million in the prior quarter.

•Provision for credit losses was $4.1 million resulting in an allowance for credit losses attributable to net loans of $375.6 million, or 1.45% of total net loans as of September 30, 2026.

•Common equity Tier 1 capital ratio(2) was 12.2% as of September 30, 2026.

•During the third quarter of 2026, 2,325,000 shares of the Corporation's common stock were repurchased under the 2026 Repurchase Program(3) at a cost of $56.1 million or an average of $24.14 per share. As of September 30, 2026, the Corporation repurchased 4,062,650 shares of the Corporation's common stock at a cost of $91.8 million or an average of $22.58 per share, under the 2026 Repurchase Program .

The following items highlight notable changes in the components of net income in the third quarter of 2026 compared to the second quarter of 2026:

•Net interest income increased $5.8 million to $290.0 million driven by a $6.1 million increase in interest income on net loans, a $4.3 million increase in interest income on investment securities, a $2.3 million increase in interest income on other interest-earning assets, and a $2.1 million decrease in interest expense on borrowings and other interest-bearing liabilities, partially offset by a $9.0 million increase in interest expense on deposits. Purchase loan mark accretion from loans acquired in the Republic Transaction(4) was $8.3 million in the third quarter of 2026 compared to $9.9 million in the prior quarter. Purchase loan mark accretion from loans acquired in the Blue Foundry Bancorp Transaction(5) was $4.6 million in the third quarter of 2026 compared to $5.2 million in the prior quarter. The decrease in interest expense on borrowings and other interest-bearing liabilities was partially due to $2.4 million of interest expense recognized in the second quarter of 2026 from the Corporation’s $195.0 million aggregate principal amount of outstanding 3.250% Fixed-to-Floating Rate Subordinated Notes due 2030 that were redeemed on June 15, 2026.

•Non-interest income before investment securities gains (losses) was $77.2 million compared to $79.3 million in the prior quarter. The $2.1 million decrease was primarily attributable to a $6.3 million decline in income from equity method investments, reflected in other income, mainly due to $6.9 million of income recognized from an equity method investment that was sold in the prior quarter. Compared to the prior quarter, wealth management revenues increased by $2.1 million.

•Non-interest expense was $218.5 million compared to $231.0 million in the prior quarter. The $12.4 million decrease was primarily attributable to a $12.1 million decrease in acquisition-related expenses. Salaries and employee benefits expense increased $5.6 million mainly due to a $3.9 million increase in incentive compensation expense, a $0.8 million increase in base salary
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expense from one additional calendar day in the third quarter and a $0.8 million increase in recruiting expenses. Other non-interest expense for the second quarter included a $2.1 million charge incurred related to combining two employee pension plans and $0.8 million of debt extinguishment costs.

Balance Sheet Summary

•Total net loans increased $43.6 million to $26.0 billion compared to $25.9 billion as of June 30, 2026. The increase was due to a $107.0 million increase in consumer loans(6), partially offset by a $63.3 million decrease in commercial loans(6).

•Deposits totaled $28.8 billion, a $571.0 million increase compared to $28.3 billion as of June 30, 2026. The increase was attributable to increases of $601.0 million in savings deposits, $324.1 million in interest-bearing demand deposits and $120.3 million in time deposits, partially offset by decreases of $428.5 million in brokered deposits and $45.8 million in noninterest-bearing demand deposits. The increase in deposits was driven by solid commercial deposit growth and seasonal trends in the municipal deposit portfolio.

Provision for Credit Losses and Asset Quality

•The provision for credit losses totaled $4.1 million in the third quarter of 2026 compared to $4.9 million in the second quarter of 2026.

•The allowance for credit losses attributable to net loans was $375.6 million, or 1.45% of total net loans as of September 30, 2026, compared to $382.6 million, or 1.48% of total net loans as of June 30, 2026.

•Non-performing assets were $179.4 million, or 0.52% of total assets, as of September 30, 2026, in comparison to $187.1 million, or 0.54% of total assets, as of June 30, 2026.

•Annualized net charge-offs for the third quarter of 2026 were 0.14% of total average loans in comparison to 0.34% in the prior quarter.

Additional information on Fulton is available at www.fultonbank.com.
(1) Financial measure derived by methods other than generally accepted accounting principles ("GAAP"). Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of the press release.
(2) Regulatory capital ratios as of September 30, 2026 are preliminary estimates and prior periods are actual.
(3) The 2026 Repurchase Program represents the authorization, commencing on January 1, 2026 and expiring on January 31, 2027, to repurchase up to $150 million, excluding fees, commissions, excise tax and other ancillary expenses, of the Corporation’s common stock.
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Under this authorization, up to $25 million of the $150 million authorization may be used to repurchase the Corporation’s preferred stock and outstanding subordinated notes. As permitted by securities laws and other legal requirements and subject to market conditions and other factors, purchases may be made from time to time under the 2026 Repurchase Program in open market or privately negotiated transactions, including without limitation, through accelerated share repurchase transactions. The 2026 Repurchase Program may be discontinued at any time.
(4) On April 26, 2024, Fulton Bank, National Association ("Fulton Bank"), acquired substantially all of the assets and assumed substantially all of the deposits and certain liabilities of Republic First Bank, doing business as Republic Bank ("Republic Bank"), from the Federal Deposit Insurance Corporation (the "FDIC"), as receiver for Republic Bank (the "Republic Transaction"), pursuant to the terms of the Purchase and Assumption Agreement - Whole Bank, All Deposits, effective as of April 26, 2024 among the FDIC, as receiver of Republic Bank, the FDIC and Fulton Bank.
(5) On April 1, 2026, the Corporation completed the acquisition of Blue Foundry Bancorp (the "Blue Foundry Bancorp Transaction") and Blue Foundry Bancorp's wholly owned subsidiary, Blue Foundry Bank, became a wholly owned subsidiary of the Corporation. On July 11, 2026, Blue Foundry Bank merged with and into the Corporation's wholly owned subsidiary Fulton Bank, with Fulton Bank continuing as the surviving bank.
(6) Consumer loans include increases of $81.1 million in real estate - residential mortgage loans, $19.9 million in real estate - home equity loans, $4.8 million in consumer loans and $1.2 million in residential construction loans, reflected in real estate - construction. Commercial loans include decreases of $66.4 million in commercial construction loans, reflected in real estate - construction and $12.4 million in commercial and industrial loans, partially offset by an increase of $14.7 million in leases and other loans and $0.8 million in real estate - commercial mortgage.

Note: Some numbers contained in this document may not sum due to rounding.














4


Forward-Looking Statements
This press release may contain forward-looking statements with respect to the Corporation’s financial condition, results of operations and business. Forward-looking statements are any statement that does not relate to historical or current facts and can be identified by the use of words such as "may," "should," "will," "could," "estimates," "predicts," "potential," "continue," "anticipates," "believes," "plans," "expects," "future," "intends," “projects,” the negative of these terms and other comparable terminology. These forward-looking statements may include projections of, or guidance on, the Corporation’s future financial performance, expected levels of future expenses, including future credit losses, anticipated growth strategies, descriptions of new business initiatives and anticipated trends in the Corporation’s business or financial results.

Forward-looking statements are neither historical facts, nor assurance of future performance. Instead, the statements are based on current beliefs, expectations and assumptions regarding the future of the Corporation’s business, plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Corporation’s control, and actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not unduly rely on any of these forward-looking statements. Any forward-looking statement is based only on information currently available and speaks only as of the date when made. The Corporation undertakes no obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Numerous factors could cause the Corporation's actual results to differ materially from those described in the forward-looking statements, including, but not limited to, the following: the impact of adverse conditions in the economy and financial markets; trade policies and the imposition of tariffs and retaliatory tariffs; the impacts of events affecting the financial services industry; the effects of actions by the federal government, including those of the Board of Governors of the Federal Reserve System and other government agencies, that impact the money supply and market interest rates; the effects of market interest rates and the relative balances of interest rate-sensitive assets to interest rate-sensitive liabilities on net interest margin and net interest income; the composition of the Corporation's loan portfolio and potential exposure to increased credit risk; the effects of changes in interest rates; investment securities gains and losses, including declines in the fair value of securities; disruptions in liquidity markets; capital and liquidity strategies; the Corporation's ability to generate capital internally or raise capital on favorable terms; the effects of competition; possible goodwill impairment charges; the impact of operational risks; the loss of, or failure to safeguard, confidential or proprietary information; the Corporation's failure to identify and promptly address cybersecurity risks; the impact of failures of the Corporation's third-party vendors to perform in accordance with contractual arrangements; the effects of concerns about other financial institutions on the Corporation; potential losses in connection with repurchase and indemnification payments related to sold loans; the effects of climate change on the Corporation's business and results of operations; the effects of increases in non-performing assets; the determination of the allowance for credit losses; the effects of the extensive level of regulation and supervision to which
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the Corporation and Fulton Bank are subject; changes in law, regulation and government policy; the continuing impact of the Dodd-Frank Wall Street Reform and Consumer Protection Act; potential negative consequences resulting from regulatory violations, investigations and examinations; the effects of adverse outcomes in litigation and governmental or administrative proceedings; the effects of changes in U.S. federal, state or local tax laws; the effects of the significant amounts of time and expense associated with regulatory compliance and risk management; the Corporation's ability to realize anticipated reductions in non-interest expense and increases in revenue from strategic initiatives implemented from time to time; risks related to the acquisition of Blue Foundry Bancorp; completed and potential future acquisitions may affect costs and the Corporation may not be able to successfully integrate the acquired business or realize the anticipated benefits from such acquisitions; geopolitical conditions, including acts or threats of terrorism, actions taken by the United States or other governments in response to acts or threats of terrorism, military conflicts, wars and other international hostilities; public health crises and pandemics; the Corporation's ability to achieve its growth plans; the Corporation's ability to attract and retain talented personnel; the effects of competition from financial service companies and other companies offering bank services; the Corporation's ability to keep pace with technological changes; the Corporation's reliance on its subsidiaries for substantially all of its revenues; and the effects of negative publicity on the Corporation's reputation. For additional information about factors that could cause actual results to differ materially from those described in forward-looking statements, refer to the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2025, Quarterly Report on Form 10-Q for the quarters ended March 31, 2026 and June 30, 2026 and other current and periodic reports, which have been, or will be, filed with the Securities and Exchange Commission (the "SEC") and are, or will be, available in the Investor Relations section of the Corporation's website (www.fultonbank.com) and on the SEC's website (www.sec.gov).



















6


Non-GAAP Financial Measures

The Corporation uses certain financial measures in this press release that have been derived from methods other than GAAP. These non-GAAP financial measures are reconciled to the most comparable GAAP measures in tables at the end of this press release.

FULTON FINANCIAL CORPORATION
SUMMARY CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)
(dollars in thousands, except per share and shares data)
Three months ended
Sep 30Jun 30Mar 31Dec 31Sep 30
20262026202620252025
Ending Balances
Investment securities(1)
$5,321,773$5,122,759$4,861,967$4,833,744$5,045,270
Net loans25,977,92425,934,29324,266,34524,144,88424,041,489
Total assets34,775,37034,556,72032,237,43832,118,40031,995,086
Deposits28,821,36528,250,34226,768,33526,589,40726,332,490
Shareholders' equity3,686,7523,815,8133,505,2833,490,4473,413,598
Average Balances
Investment securities(1)
5,250,8314,983,0154,785,2764,921,6695,025,072
Net loans25,973,09325,883,82324,225,65524,053,08924,020,322
Total assets34,836,62734,193,60831,999,22832,013,16331,924,038
Deposits28,770,98428,014,66626,451,09426,537,65926,298,680
Shareholders' equity3,807,7283,788,4213,543,9113,464,5393,361,368
Income Statement
Net interest income290,035 284,252 262,023 266,042 264,198 
Provision for credit losses4,059 4,897 14,442 2,948 10,245 
Non-interest income77,225 79,306 69,841 69,980 70,407 
Non-interest expense218,517 230,954 200,294 212,986 196,574 
Income before taxes144,684 127,707 117,128 120,088 127,786 
Net income available to common shareholders114,095 99,852 92,199 96,408 97,892 
Per Share
Net income available to common shareholders (basic)$0.60 $0.52 $0.51 $0.53 $0.54 
Net income available to common shareholders (diluted)$0.59 $0.52 $0.51 $0.53 $0.53 
Operating net income available to common shareholders(2)
$0.62 $0.60 $0.55 $0.55 $0.55 
Cash dividends$0.19 $0.19 $0.19 $0.19 $0.18 
Common shareholders' equity$18.46 $18.92 $18.52 $18.33 $17.81 
Common shareholders' equity (tangible)(2)
$15.14 $15.61 $15.12 $14.92 $14.39 
Weighted average shares (basic)190,642 191,386 179,720 180,405 181,658 
Weighted average shares (diluted)192,234 192,997 181,655 182,197 183,349 
(1) Includes related unrealized holding gains (losses) for available for sale ("AFS") securities.
(2) Non-GAAP financial measure. Refer to the calculation on the page titled “Reconciliation of Non-GAAP Measures” at the end of this press release.
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Three months ended
Sep 30Jun 30Mar 31Dec 31Sep 30
20262026202620252025
Asset Quality
Net charge-offs to average loans (annualized) 0.14 %0.34 %0.25 %0.24 %0.18 %
Non-performing loans to total net loans0.67 %0.70 %0.72 %0.76 %0.83 %
Non-performing assets to total assets0.52 %0.54 %0.55 %0.58 %0.63 %
ACL - loans(1) to total loans
1.45 %1.48 %1.51 %1.51 %1.57 %
ACL - loans(1) to non-performing loans
216 %211 %209 %198 %189 %
Profitability
Return on average assets1.33 %1.20 %1.20 %1.23 %1.25 %
Operating return on average assets(2)
1.40 %1.39 %1.30 %1.27 %1.29 %
Return on average common shareholders' equity12.52 %11.14 %11.16 %11.69 %12.26 %
Operating return on average common shareholders' equity (tangible)(2)
15.94 %15.71 %14.76 %14.86 %15.79 %
Net interest margin3.58 %3.60 %3.58 %3.59 %3.57 %
Efficiency ratio(2)
56.8 %57.3 %56.7 %60.0 %56.5 %
Non-interest expense to total average assets2.49 %2.71 %2.54 %2.64 %2.44 %
Operating non-interest expense to total average assets(2)
2.41 %2.47 %2.42 %2.53 %2.38 %
Capital Ratios(3)
Tangible common equity ratio ("TCE")(2)
8.4 %8.8 %8.6 %8.5 %8.3 %
Tier 1 leverage ratio9.9 %10.0 %9.9 %9.7 %9.6 %
Common equity Tier 1 capital ratio12.2 %12.2 %11.9 %11.8 %11.6 %
Tier 1 risk-based capital ratio12.9 %12.9 %12.7 %12.6 %12.4 %
Total risk-based capital ratio16.0 %16.0 %15.2 %15.2 %15.0 %
(1) "ACL - loans" relates to the allowance for credit losses ("ACL") specifically on "Net Loans" and does not include the ACL related to off-balance-sheet
    ("OBS") credit exposures.
(2) Non-GAAP financial measure. Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of this press release.
(3) Regulatory capital ratios as of September 30, 2026 are preliminary estimates and prior periods are actual.

8

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED ENDING BALANCE SHEETS (UNAUDITED)
(dollars in thousands)
Sep 30Jun 30Mar 31Dec 31Sep 30
20262026202620252025
ASSETS
Cash and due from banks$272,674 $325,259 $311,796 $271,463 $307,267 
Other interest-earning assets969,295 1,076,395 871,066 911,155 643,111 
Loans held for sale16,044 33,902 11,887 16,316 19,875 
Investment securities5,321,773 5,122,759 4,861,967 4,833,744 5,045,270 
Net loans25,977,924 25,934,293 24,266,345 24,144,884 24,041,489 
Less: ACL - loans(1)
(375,635)(382,580)(367,489)(364,462)(376,258)
   Loans, net25,602,289 25,551,713 23,898,856 23,780,422 23,665,231 
Net premises and equipment181,019 186,184 168,941 175,240 178,644 
Accrued interest receivable123,664 121,220 112,083 113,698 114,003 
Goodwill and intangible assets627,923 633,485 607,647 612,996 618,361 
Other assets1,660,689 1,505,803 1,393,195 1,403,366 1,403,324 
    Total Assets$34,775,370 $34,556,720 $32,237,438 $32,118,400 $31,995,086 
LIABILITIES AND SHAREHOLDERS' EQUITY
Deposits$28,821,365 $28,250,342 $26,768,335 $26,589,407 $26,332,490 
Borrowings1,232,869 1,713,976 1,252,579 1,297,375 1,471,961 
Other liabilities1,034,384 776,589 711,241 741,171 777,037 
    Total Liabilities31,088,618 30,740,907 28,732,155 28,627,953 28,581,488 
Shareholders' equity3,686,752 3,815,813 3,505,283 3,490,447 3,413,598 
    Total Liabilities and Shareholders' Equity$34,775,370 $34,556,720 $32,237,438 $32,118,400 $31,995,086 
LOANS, DEPOSITS AND BORROWINGS DETAIL:
Loans, by type:
Real estate - commercial mortgage$10,915,582 $10,914,813 $9,985,368 $9,820,944 $9,734,156 
Commercial and industrial4,547,315 4,559,732 4,494,031 4,539,060 4,437,905 
Real estate - residential mortgage7,332,034 7,250,949 6,735,338 6,669,993 6,617,017 
Real estate - home equity1,355,940 1,336,068 1,253,192 1,242,831 1,214,399 
Real estate - construction881,493 946,654 876,498 970,298 1,134,748 
Consumer574,893 570,093 565,041 564,349 566,291 
Leases and other loans(2)
370,667 355,984 356,877 337,409 336,973 
Total Net Loans$25,977,924 $25,934,293 $24,266,345 $24,144,884 $24,041,489 
Deposits, by type:
Noninterest-bearing demand$5,199,747 $5,245,586 $5,334,920 $5,256,096 $5,136,210 
Interest-bearing demand8,470,142 8,146,057 7,823,683 7,970,188 8,035,393 
Savings9,878,185 9,277,215 8,875,256 8,512,829 8,417,678 
     Total demand and savings23,548,074 22,668,858 22,033,859 21,739,113 21,589,281 
Brokered546,707 975,204 715,850 855,042 709,667 
Time4,726,584 4,606,280 4,018,626 3,995,252 4,033,542 
Total Deposits$28,821,365 $28,250,342 $26,768,335 $26,589,407 $26,332,490 
Borrowings, by type:
Federal Home Loan Bank advances$— $552,500 $200,000 $250,000 $450,000 
Senior debt and subordinated debt469,876 469,668 367,720 367,637 367,557 
Other borrowings762,993 691,808 684,859 679,738 654,404 
Total Borrowings$1,232,869 $1,713,976 $1,252,579 $1,297,375 $1,471,961 
(1) "ACL - loans" relates to the ACL specifically on "Net Loans" and does not include the ACL related to OBS credit exposures.
(2) Includes equipment lease financing, overdraft and net origination fees and costs.
9

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
(dollars in thousands, except per share and share data)
Three months endedNine months ended
Sep 30Jun 30Mar 31Dec 31Sep 30Sep 30
2026202620262025202520262025
Net Interest Income:
Interest income$440,908 $428,154 $390,056 $403,416 $411,006 $1,259,118 $1,213,458 
Interest expense150,873 143,902 128,033 137,374 146,808 422,809 443,153 
    Net Interest Income290,035 284,252 262,023 266,042 264,198 836,309 770,305 
Provision for credit losses4,059 4,897 14,442 2,948 10,245 23,397 32,749 
    Net Interest Income after Provision285,976 279,355 247,581 263,094 253,953 812,912 737,556 
Non-Interest Income:
Wealth management25,257 23,139 24,496 23,879 22,639 72,891 66,705 
Commercial banking:
   Merchant and card7,298 7,496 6,343 6,847 7,327 21,137 21,294 
   Cash management8,890 8,817 8,363 8,374 8,335 26,070 24,510 
   Capital markets3,675 3,530 3,614 3,730 2,908 10,819 8,264 
   Other commercial banking5,113 4,979 4,486 5,162 4,595 14,578 13,857 
Total commercial banking24,976 24,822 22,806 24,113 23,165 72,604 67,925 
Consumer banking:
  Card8,673 8,596 7,887 8,366 8,246 25,156 23,748 
  Overdraft4,265 3,858 3,798 4,109 4,153 11,921 11,265 
  Other consumer banking2,722 2,891 2,491 2,967 2,775 8,104 7,757 
Total consumer banking15,660 15,345 14,176 15,442 15,174 45,181 42,770 
Mortgage banking5,110 4,938 3,955 3,636 3,711 14,003 10,841 
Other6,222 11,062 4,408 2,910 5,718 21,693 18,547 
Non-interest income before investment securities (losses) gains77,225 79,306 69,841 69,980 70,407 226,372 206,788 
Investment securities (losses) gains, net— — — — — — (2)
    Total Non-Interest Income77,225 79,306 69,841 69,980 70,407 226,372 206,786 
Non-Interest Expense:
Salaries and employee benefits125,764 120,184 109,917 121,632 111,265 355,865 321,914 
Data processing and software20,898 20,419 18,662 19,695 18,535 59,979 55,396 
Net occupancy18,714 17,841 18,229 17,554 15,954 54,784 50,571 
Other outside services15,370 14,999 12,750 13,105 12,951 43,119 36,797 
Intangible amortization5,561 5,910 5,349 5,365 5,368 16,821 17,097 
FDIC insurance4,465 4,430 4,249 4,540 5,089 13,144 15,638 
Equipment 3,832 4,086 3,924 4,001 3,926 11,842 12,175 
Marketing3,636 2,818 2,331 1,694 2,470 8,785 7,595 
Professional fees3,229 2,342 2,239 2,088 2,320 7,809 3,405 
Acquisition-related expenses1,740 13,839 2,644 802 — 18,223 380 
Other15,308 24,086 20,000 22,510 18,696 59,393 57,877 
    Total Non-Interest Expense218,517 230,954 200,294 212,986 196,574 649,764 578,845 
    Income Before Income Taxes144,684 127,707 117,128 120,088 127,786 389,520 365,497 
Income tax expense28,027 25,293 22,367 21,118 27,332 75,687 72,858 
    Net Income116,657 102,414 94,761 98,970 100,454 313,833 292,639 
Preferred stock dividends(2,562)(2,562)(2,562)(2,562)(2,562)(7,686)(7,686)
     Net Income Available to Common Shareholders$114,095 $99,852 $92,199 $96,408 $97,892 $306,147 $284,953 
10

Three months endedNine months ended
Sep 30Jun 30Mar 31Dec 31Sep 30Sep 30
2026202620262025202520262025
PER SHARE:
Net income available to common shareholders:
Net income available to common shareholders (basic)$0.60 $0.52 $0.51 $0.53 $0.54 $1.63 $1.57 
Net income available to common shareholders (diluted)$0.59 $0.52 $0.51 $0.53 $0.53 $1.62 $1.55 
Cash dividends$0.19 $0.19 $0.19 $0.19 $0.18 $0.57 $0.54 
Weighted average shares (basic)190,642 191,386 179,720 180,405 181,658 187,289 182,030 
Weighted average shares (diluted)192,234 192,997 181,655 182,197 183,349 188,977 183,718 




11

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)
(dollars in thousands)
Three months ended
September 30, 2026June 30, 2026September 30, 2025
AverageYield/AverageYield/AverageYield/
Balance
Interest(1)
RateBalance
Interest(1)
RateBalance
Interest(1)
Rate
ASSETS
Interest-earning assets:
Net loans(2)
$25,973,093 $380,564 5.82 %$25,883,823 $374,426 5.80 %$24,020,322 $358,443 5.93 %
Investment securities(3)
5,537,868 51,940 3.75 %5,233,693 47,661 3.64 %5,330,905 49,442 3.70 %
Other interest-earning assets1,228,130 12,711 4.11 %997,586 10,377 4.17 %622,832 7,557 4.83 %
Total Interest-Earning Assets32,739,091 445,215 5.41 %32,115,102 432,464 5.40 %29,974,059 415,442 5.51 %
Noninterest-earning assets:
Cash and due from banks314,436 310,904 312,578 
Premises and equipment184,787 189,791 181,116 
Other assets1,985,950 1,978,494 1,837,179 
Less: ACL - loans(4)
(387,637)(400,683)(380,894)
Total Assets$34,836,627 $34,193,608 $31,924,038 
LIABILITIES AND SHAREHOLDERS' EQUITY
Interest-bearing liabilities:
Demand deposits$8,318,136 $33,302 1.59 %$8,279,932 $32,443 1.57 %$7,876,227 $36,369 1.83 %
Savings deposits9,706,048 53,922 2.20 %9,128,400 47,299 2.08 %8,391,379 48,237 2.28 %
Brokered deposits812,556 8,110 3.96 %887,546 8,589 3.88 %694,486 7,689 4.39 %
Time deposits4,712,221 40,427 3.40 %4,540,334 38,406 3.39 %4,097,195 37,942 3.67 %
Total Interest-Bearing Deposits23,548,961 135,761 2.29 %22,836,212 126,737 2.23 %21,059,287 130,237 2.45 %
Borrowings and other interest-bearing liabilities1,566,225 15,112 3.83 %1,744,871 17,165 3.95 %1,564,996 16,571 4.20 %
Total Interest-Bearing Liabilities25,115,186 150,873 2.38 %24,581,083 143,902 2.35 %22,624,283 146,808 2.57 %
Noninterest-bearing liabilities:
Demand deposits5,222,023 5,178,454 5,239,393 
Other liabilities691,690 645,650 698,994 
Total Liabilities31,028,899 30,405,187 28,562,670 
Total Deposits28,770,984 1.87 %28,014,666 1.81 %26,298,680 1.96 %
Total interest-bearing liabilities and non-interest bearing deposits (cost of funds)30,337,209 1.97 %29,759,537 1.94 %27,863,676 2.09 %
Shareholders' equity3,807,728 3,788,421 3,361,368 
Total Liabilities and Shareholders' Equity$34,836,627 $34,193,608 $31,924,038 
Net interest income/net interest margin (fully taxable equivalent)294,342 3.58 %288,562 3.60 %268,634 3.57 %
Tax equivalent adjustment(4,307)(4,310)(4,436)
Net Interest Income$290,035 $284,252 $264,198 
(1) Presented on a fully taxable-equivalent basis using a 21% federal tax rate and statutory interest expense disallowances.
(2) Average balances include non-performing loans.
(3) Average balances include amortized historical cost for AFS securities; the related unrealized holding gains (losses) are included in other assets.
(4) ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities.



12

FULTON FINANCIAL CORPORATION
AVERAGE LOANS, DEPOSITS AND BORROWINGS DETAIL (UNAUDITED)
(dollars in thousands)
Three months ended
Sep 30Jun 30Mar 31Dec 31Sep 30
20262026202620252025
Loans, by type:
Real estate - commercial mortgage$10,906,964 $10,887,986 $9,930,713 $9,785,717 $9,721,395 
Commercial and industrial4,572,754 4,602,800 4,522,694 4,473,522 4,494,662 
Real estate - residential mortgage7,301,234 7,189,941 6,696,646 6,646,318 6,560,413 
Real estate - home equity1,324,822 1,298,632 1,235,977 1,223,293 1,191,465 
Real estate - construction918,036 962,625 926,026 1,014,343 1,125,130 
Consumer593,202 592,106 576,852 577,136 590,658 
Leases and other loans(1)
356,081 349,733 336,747 332,760 336,599 
Total Net Loans$25,973,093 $25,883,823 $24,225,655 $24,053,089 $24,020,322 
Deposits, by type:
Noninterest-bearing demand$5,222,023 $5,178,454 $5,120,028 $5,243,390 $5,239,393 
Interest-bearing demand8,318,136 8,279,932 7,774,121 7,984,980 7,876,227 
Savings9,706,048 9,128,400 8,684,478 8,519,075 8,391,379 
     Total demand and savings23,246,207 22,586,786 21,578,627 21,747,445 21,506,999 
Brokered812,556 887,546 856,823 803,755 694,486 
Time4,712,221 4,540,334 4,015,644 3,986,459 4,097,195 
Total Deposits$28,770,984 $28,014,666 $26,451,094 $26,537,659 $26,298,680 
Borrowings, by type:
Federal funds purchased$— $— $— $54 $— 
Federal Home Loan Bank advances241,032 475,983 221,039 237,880 484,022 
Senior debt and subordinated debt469,787 509,493 367,679 367,598 367,517 
Other borrowings and other interest-bearing liabilities855,406 759,395 770,395 740,305 713,456 
Total Borrowings$1,566,225 $1,744,871 $1,359,113 $1,345,837 $1,564,995 
(1) Includes equipment lease financing, overdraft and net origination fees and costs.

13

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)
(dollars in thousands)
Nine months ended September 30,
20262025
AverageYield/AverageYield/
Balance
Interest(1)
RateBalance
Interest(1)
Rate
ASSETS
Interest-earning assets:
Net loans(2)
$25,367,258 $1,096,831 5.78 %$23,975,693 $1,055,558 5.88 %
Investment securities(3)
5,259,513 144,372 3.66 %5,307,436 146,147 3.67 %
Other interest-earning assets1,001,295 30,833 4.11 %698,727 24,919 4.76 %
Total Interest-Earning Assets31,628,066 1,272,036 5.37 %29,981,856 1,226,624 5.46 %
Noninterest-Earning assets:
Cash and due from banks308,524 297,491 
Premises and equipment182,637 186,414 
Other assets1,954,038 1,850,254 
Less: ACL - loans(4)
(386,382)(383,776)
Total Assets$33,686,883 $31,932,239 
LIABILITIES AND SHAREHOLDERS' EQUITY
Interest-Bearing liabilities:
Demand deposits$8,126,056 $94,782 1.56 %$7,810,681 $105,303 1.80 %
Savings deposits9,176,718 145,884 2.13 %8,195,790 140,800 2.30 %
Brokered deposits852,146 24,908 3.91 %761,952 25,222 4.43 %
Time deposits4,425,284 112,729 3.41 %4,112,258 118,998 3.87 %
Total Interest-Bearing Deposits22,580,204 378,303 2.24 %20,880,681 390,323 2.50 %
Borrowings and other interest-bearing liabilities1,557,497 44,505 3.82 %1,691,351 52,830 4.18 %
Total Interest-Bearing Liabilities24,137,701 422,808 2.34 %22,572,032 443,153 2.62 %
Noninterest-Bearing liabilities:
Demand deposits5,173,875 5,317,851 
Other liabilities660,987 735,460 
Total Liabilities29,972,563 28,625,343 
Total Deposits27,754,079 1.82 %26,198,532 1.99 %
Total interest-bearing liabilities and non-interest bearing deposits (cost of funds)29,311,576 1.93 %27,889,883 2.12 %
Shareholders' equity3,714,320 3,306,896 
Total Liabilities and Shareholders' Equity$33,686,883 $31,932,239 
Net interest income/net interest margin (fully taxable equivalent)849,228 3.58 %783,471 3.49 %
Tax equivalent adjustment(12,919)(13,166)
Net Interest Income$836,309 $770,305 
(1) Presented on a fully taxable-equivalent basis using a 21% federal tax rate and statutory interest expense disallowances.
(2) Average balances include non-performing loans.
(3) Average balances include amortized historical cost for AFS; the related unrealized holding gains (losses) are included in other assets.
(4) ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities.






14

FULTON FINANCIAL CORPORATION
AVERAGE LOANS, DEPOSITS AND BORROWINGS DETAIL (UNAUDITED)
(dollars in thousands)
Nine months ended September 30,
20262025
Loans, by type:
Real estate - commercial mortgage$10,573,385 $9,676,574 
Commercial and industrial4,571,800 4,543,967 
Real estate - residential mortgage7,064,822 6,459,649 
Real estate - home equity1,286,802 1,177,209 
Real estate - construction935,413 1,197,159 
Consumer587,447 601,877 
Leases and other loans(1)
347,589 319,258 
Total Net Loans$25,367,258 $23,975,693 
Deposits, by type:
Noninterest-bearing demand$5,173,875 $5,317,851 
Interest-bearing demand8,126,056 7,810,681 
Savings9,176,718 8,195,790 
   Total demand and savings22,476,649 21,324,322 
Brokered852,146 761,952 
Time4,425,284 4,112,258 
Total Deposits$27,754,079 $26,198,532 
Borrowings, by type:
Federal funds purchased $— $366 
Federal Home Loan Bank advances312,758 634,370 
Senior debt and subordinated debt449,361 367,438 
Other borrowings and other interest-bearing liabilities795,378 689,177 
Total Borrowings$1,557,497 $1,691,351 
(1) Includes equipment lease financing, overdraft and net origination fees and costs.
15

FULTON FINANCIAL CORPORATION
ASSET QUALITY INFORMATION (UNAUDITED)
(dollars in thousands)
Three months ended Nine months ended
Sep 30Jun 30Mar 31Dec 31Sep 30Sep 30Sep 30
2026202620262025202520262025
Allowance for credit losses related to net loans:
Balance at beginning of period$382,580$367,489$364,462$376,258$377,337$364,462 $379,156 
Initial allowance for credit losses on purchased loans —30,9933,351——34,344 — 
Loans charged off:
    Real estate - commercial mortgage(5,839)(10,789)(4,102)(14,104)(3,906)(20,730)(22,414)
    Commercial and industrial(2,107)(12,015)(10,545)(5,295)(5,847)(24,667)(15,492)
    Real estate - residential mortgage(2,347)(121)(391)(58)(394)(2,859)(995)
    Consumer and home equity(1,936)(2,119)(2,164)(2,212)(2,527)(6,219)(6,605)
    Real estate - construction————(5,286)— (5,387)
    Leases and other loans(1)
(1,100)(966)(1,116)(1,140)(1,479)(3,180)(4,495)
    Total loans charged off(13,329)(26,010)(18,318)(22,809)(19,439)(57,655)(55,388)
Recoveries of loans previously charged off:
    Real estate - commercial mortgage3091,6297016334,3072,639 4,814 
    Commercial and industrial2,5661,2807406,5923,2054,586 11,785 
    Real estate - residential mortgage1701977223033439 410 
    Consumer and home equity4954845848617261,561 2,285 
    Real estate - construction——884—47884 228 
    Leases and other loans(1)
3324044291461921,165 633 
    Total recoveries of loans previously charged off3,8723,9943,4108,4628,51011,274 20,155 
Net loans charged off(9,457)(22,016)(14,908)(14,347)(10,929)(46,381)(35,233)
Provision for credit losses(2)
2,7616,30814,5842,5519,85023,653 32,335 
Other (249)(194)———(443)— 
Balance at end of period$375,635$382,580$367,489$364,462$376,258$375,635 $376,258 
Net charge-offs to average loans(3)
0.14 %0.34 %0.25 %0.24 %0.18 %0.24 %0.20 %
Provision for credit losses related to OBS Credit Exposures
Provision for credit losses(2)
$1,298$(1,411)$(142)$397$395$(256)$414
NON-PERFORMING ASSETS:
Non-accrual loans$136,053$146,457$142,035$153,872$150,137
Loans 90 days past due and accruing37,71034,81533,81629,92448,597
    Total non-performing loans173,763181,272175,851183,796198,734
Other real estate owned5,6455,7911,6481,3652,305
Total non-performing assets$179,408$187,063$177,499$185,161$201,039
NON-PERFORMING LOANS, BY TYPE:
Commercial and industrial$38,162$39,466$47,759$47,756$48,817
Real estate - commercial mortgage62,77966,44564,89074,98187,789
Real estate - residential mortgage54,77156,82147,82645,56944,689
Consumer and home equity14,42712,38712,33911,87512,658
Real estate - construction3,6136,1353,0002,2673,461
Leases and other loans(1)
1118371,3481,320
Total non-performing loans$173,763$181,272$175,851$183,796$198,734
(1) Includes equipment lease financing, overdrafts and net origination fees and costs.
(2) The sum of these amounts are reflected in the provision for credit losses in the Condensed Consolidated Statements of Income.
(3) Quarterly results are annualized.
16

FULTON FINANCIAL CORPORATION
RECONCILIATION OF NON-GAAP MEASURES (UNAUDITED)
(dollars in thousands, except per share and share data)
Explanatory note:This press release contains supplemental financial information, as detailed below, that has been derived by methods other than GAAP. The Corporation has presented these non-GAAP financial measures because it believes that these measures provide useful and comparative information to assess trends in the Corporation's results of operations and financial condition. Presentation of these non-GAAP financial measures is consistent with how the Corporation evaluates its performance internally and these non-GAAP financial measures are frequently used by securities analysts, investors and other interested parties in the evaluation of companies in the Corporation's industry. Management believes that these non-GAAP financial measures, in addition to GAAP measures, are also useful to investors to evaluate the Corporation's results. Investors should recognize that the Corporation's presentation of these non-GAAP financial measures might not be comparable to similarly titled measures of other companies. These non-GAAP financial measures should not be considered a substitute for GAAP basis measures, and the Corporation strongly encourages a review of its condensed consolidated financial statements in their entirety. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measure follow:
Three months ended
Sep 30Jun 30Mar 31Dec 31Sep 30
20262026202620252025
Operating net income available to common shareholders
Net income available to common shareholders$114,095$99,852$92,199$96,408$97,892
Less: Other (1)
———(4,989)(738)
Plus: Core deposit intangible amortization5,4675,8165,2555,2555,255
Plus: Acquisition-related expense1,74013,8392,644802—
Plus: FDIC special assessment———(95)—
Plus: FultonFirst implementation and asset disposals15(189)1,5562,795(207)
Plus: Debt extinguishment costs—787———
Less: Tax impact of adjustments(1,517)(4,253)(1,985)(791)(905)
Operating net income available to common shareholders (numerator)$119,800$115,852$99,669$99,385$101,297
Weighted average shares (diluted) (denominator)192,234192,997181,655182,197183,349
Operating net income available to common shareholders, per share (diluted)$0.62$0.60$0.55$0.55$0.55
Common shareholders' equity (tangible), per share
Shareholders' equity$3,686,752$3,815,813$3,505,283$3,490,447$3,413,598
Less: Preferred stock(192,878)(192,878)(192,878)(192,878)(192,878)
Less: Goodwill and intangible assets(627,923)(633,485)(607,647)(612,996)(618,361)
Tangible common shareholders' equity (numerator)$2,865,951$2,989,450$2,704,758$2,684,573$2,602,359
Shares outstanding, end of period (denominator)189,285191,461178,843179,895180,865
Common shareholders' equity (tangible), per share$15.14$15.61$15.12$14.92$14.39
(1) Includes loan recovery adjustments of $5.0 million and $0.6 million in the fourth quarter of 2025 and the third quarter of 2025, respectively, reflected in the provision for credit losses related to a loan acquired in the Republic Transaction.
17

Three months ended
Sep 30Jun 30Mar 31Dec 31Sep 30
20262026202620252025
Operating return on average assets
Net income$116,657$102,414$94,761$98,970$100,454
Less: Other (1)
———(4,989)(738)
Plus: Core deposit intangible amortization5,4675,8165,2555,2555,255
Plus: Acquisition-related expense1,74013,8392,644802—
Plus: FDIC special assessment———(95)—
Plus: FultonFirst implementation and asset disposals15(189)1,5562,795(207)
Plus: Debt extinguishment costs—787———
Less: Tax impact of adjustments(1,517)(4,253)(1,985)(791)(905)
Operating net income (numerator)$122,362$118,414$102,231$101,947$103,859
Total average assets $34,836,627$34,193,608$31,999,228$32,013,163$31,924,038
Less: Average net core deposit intangible(61,185)(66,665)(54,629)(60,726)(65,999)
Total operating average assets (denominator)$34,775,442$34,126,943$31,944,599$31,952,437$31,858,039
Operating return on average assets(2)
1.40%1.39%1.30%1.27%1.29%
Operating return on average common shareholders' equity (tangible)
Net income available to common shareholders$114,095$99,852$92,199$96,408$97,892
Less: Other (1)
———(4,989)(738)
Plus: Intangible amortization5,5615,9105,3495,3655,368
Plus: Acquisition-related expense1,74013,8392,644802—
Plus: FDIC special assessment———(95)—
Plus: FultonFirst implementation and asset disposals15(189)1,5562,795(207)
Plus: Debt extinguishment costs—787———
Less: Tax impact of adjustments(1,536)(4,273)(2,005)(814)(929)
Adjusted net income available to common shareholders (numerator)$119,875$115,926$99,743$99,472$101,386
Average shareholders' equity$3,807,728$3,788,421$3,543,911$3,464,539$3,361,368
Less: Average preferred stock(192,878)(192,878)(192,878)(192,878)(192,878)
Less: Average goodwill and intangible assets(630,639)(635,278)(610,262)(615,600)(620,986)
Average tangible common shareholders' equity (denominator)$2,984,211$2,960,265$2,740,771$2,656,061$2,547,504
Operating return on average common shareholders' equity (tangible)(2)
15.94%15.71%14.76%14.86%15.79%
Tangible common equity to tangible assets (TCE Ratio)
Shareholders' equity$3,686,752$3,815,813$3,505,283$3,490,447$3,413,598
Less: Preferred stock(192,878)(192,878)(192,878)(192,878)(192,878)
Less: Goodwill and intangible assets(627,923)(633,485)(607,647)(612,996)(618,361)
Tangible common shareholders' equity (numerator)$2,865,951$2,989,450$2,704,758$2,684,573$2,602,359
Total assets$34,775,370$34,556,720$32,237,438$32,118,400$31,995,086
Less: Goodwill and intangible assets(627,923)(633,485)(607,647)(612,996)(618,361)
Total tangible assets (denominator)$34,147,447$33,923,235$31,629,791$31,505,404$31,376,725
Tangible common equity to tangible assets8.39%8.81%8.55%8.52%8.29%
(1) Includes loan recovery adjustments of $5.0 million and $0.6 million in the fourth quarter of 2025 and the third quarter of 2025, respectively, reflected in the provision for credit losses related to a loan acquired in the Republic Transaction.
(2) Results are annualized.
18

Three months ended
Sep 30Jun 30Mar 31Dec 31Sep 30
20262026202620252025
Efficiency ratio
Non-interest expense$218,517$230,954$200,294$212,986$196,574
Less: Acquisition-related expense(1,740)(13,839)(2,644)(802)—
Less: FDIC special assessment———95—
Less: FultonFirst implementation and asset disposals(15)189(1,556)(2,795)207
Less: Intangible amortization(5,561)(5,910)(5,349)(5,365)(5,368)
Less: Debt extinguishment costs—(787)———
Operating non-interest expense (numerator)$211,201$210,607$190,745$204,119$191,413
Net interest income$290,035$284,252$262,023$266,042$264,198
Tax equivalent adjustment4,3074,3104,3034,4164,436
Plus: Total non-interest income77,22579,30669,84169,98070,407
Less: Other revenue———11(138)
Plus: Investment securities (gains) losses, net—————
Total revenue (denominator)$371,567$367,868$336,167$340,449$338,903
Efficiency ratio56.8%57.3%56.7%60.0%56.5%
Operating non-interest expense to total average assets
Non-interest expense$218,517$230,954$200,294$212,986$196,574
Less: Intangible amortization(5,561)(5,910)(5,349)(5,365)(5,368)
Less: Acquisition-related expense(1,740)(13,839)(2,644)(802)—
Less: FDIC special assessment———95—
Less: FultonFirst implementation and asset disposals(15)189(1,556)(2,795)207
Less: Debt extinguishment costs—(787)———
Operating non-interest expense (numerator)$211,201$210,607$190,745$204,119$191,413
Total average assets (denominator)$34,836,627$34,193,608$31,999,228$32,013,163$31,924,038
Operating non-interest expenses to total average assets(1)
2.41%2.47%2.42%2.53%2.38%
(1) Results are annualized.
Nine months ended
Sep 30Sep 30
20262025
Operating net income available to common shareholders
Net income available to common shareholders$306,147$284,953
Less: Other (1)
—(869)
Plus: Core deposit intangible amortization16,53716,756
Plus: Acquisition-related expense18,223380
Plus: FultonFirst implementation and asset disposals1,382(524)
Plus: Debt extinguishment costs787—
Less: Tax impact of adjustments(7,755)(3,306)
Operating net income available to common shareholders (numerator)$335,321$297,390297,390
Weighted average shares (diluted) (denominator)188,977 183,718 
Operating net income available to common shareholders, per share (diluted)$1.77$1.62
(1) Includes a loan recovery adjustment of $0.6 million for the nine months ended September 30, 2025, reflected in the provision for credit losses related to a loan acquired in the Republic Transaction.
19
© 2026 Fulton Financial Corporation. All rights reserved. Investor Presentation Data as of or for the period ended September 30, 2026, unless otherwise noted Please refer to the Glossary of Terms on slide [24] for the definitions of acronyms and capitalized terms used in this presentation. Certain financial measures in this presentation have been derived by methods other than generally accepted accounting principles (“GAAP”). These non-GAAP financial measures are reconciled to the most comparable GAAP measures at the end of this presentation.

 

© 2026 Fulton Financial Corporation. All rights reserved. Forward-Looking Statements 2 This presentation contains forward-looking statements with respect to the Corporation’s financial condition, results of operations and business. Forward-looking statements are any statement that does not relate to historical or current facts and can be identified by the use of words such as "may," "should," "will," "could," "estimates," "predicts," "potential," "continue," "anticipates," "believes," "plans," "expects," "future," "intends," “projects,” the negative of these terms and other comparable terminology. These forward-looking statements may include projections of, or guidance on, the Corporation’s future financial performance, expected levels of future expenses, including future credit losses, anticipated growth strategies, descriptions of new business initiatives and anticipated trends in the Corporation’s business or financial results. Management's "2026 Operating Guidance" contained herein is comprised of forward-looking statements. Forward-looking statements are neither historical facts, nor assurance of future performance. Instead, the statements are based on current beliefs, expectations and assumptions regarding the future of the Corporation’s business, plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Corporation’s control, and actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not unduly rely on any of these forward-looking statements. Any forward-looking statement is based only on information currently available and speaks only as of the date when made. The Corporation undertakes no obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Numerous factors could cause the Corporation's actual results to differ materially from those described in the forward-looking statements, including, but not limited to, the following: the impact of adverse conditions in the economy and financial markets; trade policies and the imposition of tariffs and retaliatory tariffs; the impacts of events affecting the financial services industry; the effects of actions by the federal government, including those of the Board of Governors of the Federal Reserve System and other government agencies, that impact the money supply and market interest rates; the effects of market interest rates and the relative balances of interest rate-sensitive assets to interest rate-sensitive liabilities on net interest margin and net interest income; the composition of the Corporation's loan portfolio and potential exposure to increased credit risk; the effects of changes in interest rates; investment securities gains and losses, including declines in the fair value of securities; disruptions in liquidity markets; capital and liquidity strategies; the Corporation's ability to generate capital internally or raise capital on favorable terms; the effects of competition; possible goodwill impairment charges; the impact of operational risks; the loss of, or failure to safeguard, confidential or proprietary information; the Corporation's failure to identify and promptly address cybersecurity risks; the impact of failures of the Corporation's third-party vendors to perform in accordance with contractual arrangements; the effects of concerns about other financial institutions on the Corporation; potential losses in connection with repurchase and indemnification payments related to sold loans; the effects of climate change on the Corporation's business and results of operations; the effects of increases in non-performing assets; the determination of the allowance for credit losses; the effects of the extensive level of regulation and supervision to which the Corporation and Fulton Bank are subject; changes in law, regulation and government policy; the continuing impact of the Dodd -Frank Wall Street Reform and Consumer Protection Act; potential negative consequences resulting from regulatory violations, investigations and examinations; the effects of adverse outcomes in litigation and governmental or administrative proceedings; the effects of changes in U.S. federal, state or local tax laws; the effects of the significant amounts of time and expense associated with regulatory compliance and risk management; the Corporation's ability to realize anticipated reductions in non-interest expense and increases in revenue from strategic initiatives implemented from time to time; risks related to the acquisition of Blue Foundry Bancorp; completed and potential future acquisitions may affect costs and the Corporation may not be able to successfully integrate the acquired business or realize the anticipated benefits from such acquisitions; geopolitical conditions, including acts or threats of terrorism, actions taken by the United States or other governments in response to acts or threats of terrorism, military conflicts, wars and other international hostilities; public health crises and pandemics; the Corporation's ability to achieve its growth plans; the Corporation's ability to attract and retain talented personnel; the effects of competition from financial service companies and other companies offering bank services; the Corporation's ability to keep pace with technological changes; the Corporation's reliance on its subsidiaries for substantially all of its revenues; and the effects of negative publicity on the Corporation's reputation. For additional information about factors that could cause actual results to differ materially from those described in forward-looking statements, refer to the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2025, Quarterly Report on Form 10-Q for the quarters ended March 31, 2026 and June 30, 2026 and other current and periodic reports, which have been, or will be, filed with the SEC and are, or will be, available in the Investor Relations section of the Corporation's website (www.fultonbank.com) and on the SEC's website (www.sec.gov).

 

© 2026 Fulton Financial Corporation. All rights reserved. QUARTERLY FINANCIAL PERFORMANCE 3

 

© 2026 Fulton Financial Corporation. All rights reserved. GAAP Reported Operating(1) 3Q26 2Q26 3Q26 2Q26 Net Income Available to Common Shareholders (dollars in millions) $114.1 $99.9 $119.8 $115.9 ROAA (annualized) 1.33% 1.20% 1.40% 1.39% ROATCE (annualized; non-GAAP) -- -- 15.94% 15.71% Efficiency Ratio (non-GAAP) -- -- 56.8% 57.3% Non-Interest Expense / Total Average Assets (annualized) 2.49% 2.71% 2.41% 2.47% Diluted EPS $0.59 $0.52 $0.62 $0.60 Operating PPNR (dollars in millions; non-GAAP) -- -- $156.0 $152.9 Operating PPNR / Average Assets (annualized; non-GAAP) -- -- 1.78% 1.80% Third Quarter 2026 Financial Highlights 4 (1) Non-GAAP financial measures. Please refer to the calculation and management’s reason for using this measure on the slide titled “Non-GAAP Reconciliation” at the end of this presentation. Focus: • Strong Balance Sheet and Liquidity • Benefits Realization from Strategic Initiatives • Ongoing Commitment to Organizational Efficiency Productivity: • Disciplined and Profitable Growth • Solid Operating Profitability Metrics • Operating Net Income Available to Common Shareholders of $119.8 million or $0.62 per Diluted Share

 

© 2026 Fulton Financial Corporation. All rights reserved. 3Q26 2Q26 Linked-Quarter Change Net interest income $290,035 $284,252 $5,783 Provision for credit losses 4,059 4,897 (838) Non-interest income before investment securities gains (losses) 77,225 79,306 (2,081) Investment securities gains (losses) - - - Non-interest expense 218,517 230,954 (12,437) Income before income taxes 144,684 127,707 16,977 Income taxes 28,027 25,293 2,734 Net income 116,657 102,414 14,243 Preferred stock dividends (2,562) (2,562) - Net income available to common shareholders $114,095 $99,852 $14,243 Net income available to common shareholders, per share (diluted) $0.59 $0.52 $0.07 Operating net income available to common shareholders, per share (diluted) (1) $0.62 $0.60 $0.02 ROAA 1.33% 1.20% 13 bps Operating ROAA(1) 1.40% 1.39% 1 bps ROAE 12.52% 11.14% 138 bps Operating ROATCE(1) 15.94% 15.71% 23 bps Efficiency ratio(1) 56.8% 57.3% (50) bps (dollars in thousands, except per-share data) Third Quarter 2026 Income Statement Summary 5 (1) Non-GAAP financial measures. Please refer to the calculation and management’s reason for using this measure on the slide titled “Non-GAAP Reconciliation” at the end of this presentation.

 

© 2026 Fulton Financial Corporation. All rights reserved. $264 $266 $262 $284 $290 3.57% 3.59% 3.58% 3.60% 3.58% 3Q25 4Q25 1Q26 2Q26 3Q26 NII NIM (FTE basis) $24 $24 $24 $26 $26 $6 $6 $6 $6 $7 5.51% 5.40% 5.31% 5.40% 5.41% 5.93% 5.82% 5.70% 5.80% 5.82% 3Q25 4Q25 1Q26 2Q26 3Q26 Loans Securities and Other Interest-Earning Asset Yield Loan Yield $26 $27 $26 $28 $29 $2 $1 $1 $2 $2 1.96% 1.86% 1.78% 1.81% 1.87% 2.09% 1.96% 1.87% 1.94% 1.97% 3Q25 4Q25 1Q26 2Q26 3Q26 Deposits Borrowings & Other Cost of Deposits Cost of Funds Net Interest Income 6 • NIM was 3.58% in the third quarter of 2026, decreasing two bps compared to the second quarter of 2026. • Loan yield of 5.82% increased two bps during the third quarter of 2026 compared to the second quarter of 2026. • Total cost of deposits was 1.87% in the third quarter of 2026, a six bps increase compared to the second quarter of 2026. Average Interest-Earning Assets and YieldsHighlights Average Deposits and Borrowings & Other, Cost of Deposits and Cost of FundsNII(1) and NIM (1) NII on a non-FTE basis using a 21% federal tax rate and statutory interest expense disallowances. (m ill io ns ) (b ill io ns ) (b ill io ns )

 

© 2026 Fulton Financial Corporation. All rights reserved. (dollars in thousands) 3Q26 2Q26 1Q26 4Q25 3Q25 Change Since 2Q26 Wealth management $25,257 $23,139 $24,496 $23,879 $22,639 $2,118 Commercial banking 24,976 24,822 22,806 24,113 23,165 154 Consumer banking 15,660 15,345 14,176 15,442 15,174 315 Mortgage banking 5,110 4,938 3,955 3,636 3,711 172 Other 6,222 11,062 4,408 2,910 5,718 (4,840) Non-interest income before investment securities gains (losses) $77,225 $79,306 $69,841 $69,980 $70,407 ($2,081) Investment securities gains (losses), net – – – – – – Total Non-Interest Income $77,225 $79,306 $69,841 $69,980 $70,407 ($2,081) Non-Interest Income Remains a Key Revenue Source at Over 20% of Total Revenue 7 Wealth Management AUM/AUA of approximately $18.6 billion Robust Commercial Fee Income Businesses Consistent Consumer Fees Three months ended September 30, 2026 Three months ended September 30, 2026 Total Revenue Non-Interest Income Diversified Non-Interest Income in Complementary Businesses Net Interest Income 79% Non-Interest Income 21% $367.3 MM 33% Wealth Management 7% Mortgage Banking 20% Consumer Banking 32% Commercial Banking 8% Other $77.2 MM

 

© 2026 Fulton Financial Corporation. All rights reserved. (dollars in thousands) 3Q26 2Q26 1Q26 4Q25 3Q25 Change Since 2Q26 Salaries and employee benefits $125,764 $120,184 $109,917 $121,632 $111,265 $5,580 Data processing and software 20,898 20,419 18,662 19,695 18,535 479 Net occupancy 18,714 17,841 18,229 17,554 15,954 873 Other outside services 15,370 14,999 12,750 13,105 12,951 371 Intangible amortization 5,561 5,910 5,349 5,365 5,368 (349) FDIC insurance 4,465 4,430 4,249 4,540 5,089 35 Equipment 3,832 4,086 3,924 4,001 3,926 (254) Professional fees 3,229 2,342 2,239 2,088 2,320 887 Acquisition-related expenses 1,740 13,839 2,644 802 – (12,099) Other 18,944 26,904 22,331 24,204 21,166 (7,960) Total non-interest expense $218,517 $230,954 $200,294 $212,986 $196,574 ($12,437) Non-GAAP adjustments: Less: Intangible amortization (5,561) (5,910) (5,349) (5,365) (5,368) 349 Less: Acquisition-related expenses (1,740) (13,839) (2,644) (802) – 12,099 Less: FDIC special assessment – – – 95 – – Less: FultonFirst implementation and asset disposals (15) 189 (1,556) (2,795) 207 (204) Less: Debt extinguishment costs – (787) – – – 787 Operating non-interest expense(1) $211,201 $210,607 $190,745 $204,119 $191,413 $594 56.5% 60.0% 56.7% 57.3% 56.8% 3Q25 4Q25 1Q26 2Q26 3Q26 Efficiency Ratio(1) Disciplined Management of Non-Interest Expense Drives Earnings 8 (1) Non-GAAP financial measure. Please refer to the calculation and management’s reason for using this measure on the slide titled “Non-GAAP Reconciliation” at the end of this presentation. • Operating non-interest expense increased by $0.6 million linked quarter • Quarterly increases reflected higher incentive accruals, recruiting expense and one additional day in the third quarter • Blue Foundry Bancorp Transaction targeted cost-saves remain favorable to original estimates Highlights

 

© 2026 Fulton Financial Corporation. All rights reserved. Asset Quality 9 NPAs and NPAs/AssetsProvision for Credit Losses ACL(1)/NPLs and ACL/LoansNCOs and NCOs/Average Loans (m ill io ns ) (m ill io ns ) (m ill io ns ) (1) The ACL relates specifically to “Loans, net of unearned income” and does not include reserves related to off-balance sheet credit exposures.

 

© 2026 Fulton Financial Corporation. All rights reserved. Internal Capital Generation Enhancing Capital Ratios(1) 10 (4) (m ill io ns ) • Capital ratios remain well above regulatory minimums • Returned capital through $56.1 million of common share repurchases during the third quarter of 2026 • $58 million remaining share repurchase authorization in place through January 31, 2027 (2) • AOCI of ($370) million at September 30, 2026 • Tangible capital(3) of $2.9 billion as of September 30, 2026 • Current common stock dividend of $0.19 per share Highlights (1) Regulatory capital ratios and excess capital amounts as of September 30, 2026 are preliminary estimates. (2) Up to $25 million of the $150 million authorization may be used to repurchase the Corporation’s preferred stock or outstanding subordinated notes. (3) Non-GAAP financial measure. Please refer to the calculation and management’s reason for using this measure on the slide titled “Non-GAAP Reconciliation” at the end of this presentation. (4) Excesses shown are to regulatory minimums, including the 250 bps capital conservation buffer, except for Tier 1 Leverage which is the well-capitalized minimum.

 

© 2026 Fulton Financial Corporation. All rights reserved. 2026 Operating Guidance 11 Non-FTE NII(1) [FTE Adjustment for NIM Calculation] [Purchase Accounting Accretion] $1.125 – $1.135 billion [$16 - $18 million] [~$50 million] Reflects low, single-digit organic loan growth plus Blue Foundry Bancorp Transaction [$4.0 - $4.5 million per quarter] Provision for Credit Losses $30 – $40 million Adjusted to reflect performance to date Non-Interest Income $295 – $305 million Increasing to reflect performance to date Operating Non-Interest Expense(2) Non-Operating Assumptions: [2026 CDI expense] [Non-Operating Expenses] $820 – $830 million [~$22.0 million] [~$25.0 million] Assumes legacy Blue Foundry Bancorp Transaction operating non-interest expense of approximately $25 million Estimated Blue Foundry Bancorp Transaction acquisition-related expense and FultonFirst implementation expense Effective Tax Rate: 18.5% – 19.5% Income Statement Line Item Expected Range Outlook (1) Incorporates federal funds target rate hikes of 25 bps in September 2026 and December 2026. (2) Excludes non-operating expenses and CDI amortization.

 

© 2026 Fulton Financial Corporation. All rights reserved. CORPORATE HIGHLIGHTS 12

 

© 2026 Fulton Financial Corporation. All rights reserved. A Community Bank Strategy, Operating on a Regional Scale 13 Execution of our strategic objectives has provided us with long-term growth in customers, exceptional customer experience and enhanced operational metrics, delivering results to our stakeholders Our Differentiator: Customer Intimacy

 

© 2026 Fulton Financial Corporation. All rights reserved. • Approximately $35 billion in assets, 216 financial centers and more than 3,400 team members operating in a customer-dense Mid-Atlantic market(1) • Market capitalization of ~$4.2 billion(2) • Current valuation(2) of 10.2x TTM diluted EPS of $2.15 and 1.4x TBV(3) • Steady increase in shareholder value with a five-year CAGR in TBV per share, excluding AOCI(3), of 7.2% • Ten-year CAGR in common dividends of 6.6% • 3.46% dividend yield(4) • $58 million remaining of a $150 million share repurchase authorization(5) (1) As of September 30, 2026. (2) Based on shares outstanding of 189.3 million and closing price of $21.95 as of October 13, 2026. (3) As of September 30, 2026, TBV per share was $15.14. TBV per share is a non-GAAP financial measure. Please refer to the calculation and management’s reasons for using this measure on slides titled “Non-GAAP Reconciliation” at the end of this presentation. (4) Based on current quarterly common dividend of $0.19 per share and closing stock price of $21.95 per share as of October 13, 2026. (5) Authorization expires January 31, 2027. Up to $25 million of the $150 million authorization may be used to repurchase the Corporation’s preferred stock or outstanding subordinated notes. A Growing and Well-Positioned Franchise 14

 

© 2026 Fulton Financial Corporation. All rights reserved. Robust and Scalable Product Suite 15 Commercial Banking Consumer Banking Business Banking Treasury Management Wealth and Trust International Services Capital Markets Mortgage Banking • Significant technology spend over the past six years • Focus on digital enablement as a driver of growth, efficiency and service Well positioned to compete in and serve our market ROBUST PRODUCTS AND SERVICES INDUSTRY-LEADING TECHNOLOGY PLATFORMS NIMBLE COMPETITIVE POSITION

 

© 2026 Fulton Financial Corporation. All rights reserved. We Do What is Right - Corporate Social Responsibility 16 • Our most recent Corporate Social Responsibility Report with key metrics is available at www.fultonbank.com/about-fulton-bank. • Integrity is fundamental to governance at Fulton. The Corporation’s established Board of Directors governance and oversight support management’s efforts to build maturity and capability that drives impact. • The Climate Impact Working Group underscores the Corporation’s commitment to progressing its understanding of, and reporting on, climate-related risks and activities. PROTECTING THE ENVIRONMENT Environment The Corporation is committed to practicing environmental stewardship in its everyday operations. Operational measures like waste reduction and smart energy use, as well as financing sustainable projects, are core to these efforts. CORPORATE GOVERNANCE Governance Core values and guiding behavior lead the Corporation to demonstrate the highest professional and ethical standards in all business activities. The Corporation operates under a robust board- and management-level enterprise risk management structure. CHANGING LIVES FOR THE BETTER Employees The Corporation is committed to creating a workforce culture that is welcoming, engaging and inclusive. Customers Fulton Bank has a proven track record of fair and responsible banking – rated “Outstanding” for Community Reinvestment Act performance. Community Employees live and work in the communities we serve and want to see these communities thrive. Through the Fulton Forward® initiative, the Corporation gives back by paying it forward. READ THE REPORT

 

© 2026 Fulton Financial Corporation. All rights reserved. A Balanced Business Model Delivering Strong Returns 17 • Non-interest income as a percentage of revenue of approximately 21% • Wealth management accounts for approximately 33% of total non-interest income, delivering a 7% five-year TTM CAGR, AUM/AUA of $18.6 billion and over 85% in recurring income • Commercial banking businesses representing approximately 32% of total non-interest income • Fulton Mortgage Company caters to the new home purchase business with the ability to leverage refinance activity into gain on sale revenue • A full-service commercial bank with robust treasury services, payment technology solutions, wealth management and full-service mortgage company • Ongoing investment in technology, digitally enabling a growing customer base • Serving a diversified, dense and economically stable market • Room to grow in existing markets and continue to penetrate both organically and inorganically • Organic growth strategy supplemented by inorganic, in-market opportunities • Low CRE concentration compared to peers(1) • Reduced financial center infrastructure over the last ten years, driving average deposits per financial center over $100 mill ion • Completed $4.8 billion transaction in 2024, $930.6 million acquisition in 2022 and acquired five wealth management firms since 2018 • Effective April 1, 2026, closed the $2.1 billion Blue Foundry Bancorp Transaction • 3Q26 operating diluted EPS of $0.62(2) • Operating ROAA of 1.40%(2) in 3Q26 compared to 1.39%(2) in 2Q26 • 3Q26 operating ROATCE of 15.94%(2) compared to 15.71%(2) in 2Q26 • Efficiency ratio of 56.8%(2) and 57.3%(2) in 3Q26 and 2Q26, respectively • 3Q26 NCOs to average loans (annualized) of 14 bps; ACL to loans of 1.45% in addition to on-balance sheet purchase accounting marks Premier Franchise that Provides Expanding and Innovative Solutions Robust Combination of Diversified Business Lines and Fee Income Businesses Dynamic Growth Strategy Blending an Organic Engine with Inorganic Opportunities Attractive Risk- Adjusted Profitability and Returns (1) For a list of peers please see page 37 of the Corporation’s proxy statement dated April 1, 2026. (2) Non-GAAP financial measure. Please refer to the calculation and management’s reasons for using this measure on slides titled “Non-GAAP Reconciliation” at the end of this presentation.

 

© 2026 Fulton Financial Corporation. All rights reserved. 38% 40% 38% 38% 40% 41% 42% 30% 23% 22% 21% 19% 19% 18% 17% 21% 23% 25% 26% 27% 28% 6% 6% 6% 5% 5% 5% 5% 5% 6% 6% 6% 6% 4% 3% 4% 4% 5% 5% 4% 4% 4% $18.9 $18.3 $20.3 $21.4 $24.0 $24.1 $26.0 2020 2021 2022 2023 2024 2025 2026 YTD Commercial Mortgage C&I Residential Mortgage Home Equity Construction Consumer/Other A Diversified Loan Portfolio with Growth in Multiple Categories 18 Loan Mix By Product(1) 18 (b ill io ns ) (1) Loan mix by product is based on ending balances for the periods ended December 31, 2020 to September 30, 2026. The C&I category includes Paycheck Protection Program loan growth and forgiveness. The Construction category includes residential and commercial construction loans.

 

© 2026 Fulton Financial Corporation. All rights reserved. 31% 34% 34% 25% 21% 20% 18% 28% 27% 26% 27% 30% 30% 29% 28% 30% 31% 31% 30% 32% 34%2% 1% 1% 5% 3% 3% 2% 11% 8% 8% 12% 16% 15% 17% $20.8 $21.6 $20.6 $21.5 $26.1 $26.6 $28.8 2020 2021 2022 2023 2024 2025 2026 YTD Time Deposits Brokered Savings Interest-bearing demand Noninterest-bearing demand A Deposit Portfolio That is Granular, Tenured and Diversified with Significant Liquidity Coverage Deposit Mix By Product(1) Highlights(2) • 921,785 deposit accounts • $31,499 average account balance • Average account age of ~ten years • 26% net estimated uninsured deposits • 277% coverage of net estimated uninsured deposits Deposit Mix By Customer 19 (b ill io ns ) (1) Deposit mix by product is based on ending balances for the periods ended December 31, 2020 to September 30, 2026. (2) As of September 30, 2026. Estimated uninsured deposits net of collateralized municipal deposits and inter-company deposits.

 

© 2026 Fulton Financial Corporation. All rights reserved. Fixed Rate Asset Repricing(1) and a Premier Deposit Franchise Drive a Neutral Interest Rate Risk Profile 20 Interest-Earning Assets 20 (September 30, 2026) Interest-Bearing Liabilities(3) (September 30, 2026) Variable Rate Loans Non-maturity Deposits Fixed and Adjustable Asset Repricing Schedule (m ill io ns ) (m ill io ns ) (m ill io ns ) (m ill io ns ) Time Deposits and Borrowings Repricing Schedule (2) (1) “Repricing” includes contractual repricing of adjustable-rate loans, plus estimated cashflows and maturities of fixed rate assets and liabilities assumed within the time frames presented. (2) Other includes non-accrual loan balances, fair value purchase accounting marks and net origination fees and costs. (3) Time Deposits include brokered CDs.

 

© 2026 Fulton Financial Corporation. All rights reserved. 38% 39% 39% 40% 40% 42% 43% 46% 44% 43% 41% 40% 37% 36% 16% 17% 18% 19% 20% 21% 21% $12.8 $14.6 $13.5 $14.8 $16.2 $17.4 $18.6 2020 2021 2022 2023 2024 2025 2026 YTD Mass Affluent Institutional High Net Worth / Private Banking Mature and Growing Wealth Management Business, Consistent Non-interest Income and Diversified Client Base Delivering Solid Results(1) 21 Over 85% Recurring Income Client and Market Aligned Growth $96.8 Million TTM(3) Non-Interest Income Five Year CAGR of 7% Five Wealth Management Acquisitions Since 2018 Organic and Analytics Based Growth Strategy Wealth Management AUM/AUA(2) (b ill io ns ) (1) Wealth Management revenue does not include NII. (2) AUM and AUA are ending market values for the periods ended December 31, 2020 to September 30, 2026. (3) TTM through September 30, 2026 Wealth Management income.

 

© 2026 Fulton Financial Corporation. All rights reserved. 48% 52% 50% 56% 55% 55% 55% 30% 28% 31% 24% 25% 26% 26% 22% 20% 19% 20% 20% 19% 19% $41,598 $45,544 $49,496 $47,197 $55,504 $58,212 $60,623 2020 2021 2022 2023 2024 2025 TTM Card Overdraft Other Consumer Banking 33% 38% 38% 36% 34% 30% 29% 27% 30% 31% 29% 33% 36% 36% 26% 14% 16% 19% 13% 13% 15% 14% 18% 15% 16% 20% 21% 20% $70,286 $68,689 $75,779 $81,160 $84,982 $92,038 $96,717 2020 2021 2022 2023 2024 2025 TTM Merchant and Card Income Cash Management Capital Markets Other Commercial Banking Consistent Fee Income Growth, Robust Suite of Commercial and Consumer Services 22 Repeatable Income Stream; Analytics-Based Cross-Sell Opportunity Optimized Account Framework and Exception Process; Multi- Channel Distribution Strategy Robust Back-to-Back Swap Program Serves Commercial Customers Financial Center Network and Loyal Customer Base Drive Consumer Fees Merchant and Card Income Cash Management Capital Markets Consumer Fees Commercial Non-Interest Income Consumer Non-Interest Income(2) (th ou sa nd s) (th ou sa nd s) (1) TTM through September 30, 2026 (2) Does not include mortgage banking income. (1) (1)

 

© 2026 Fulton Financial Corporation. All rights reserved. Solid Asset Quality Trends Through Many Cycles 23 Quarterly Delinquency Trend (%) Quarterly NCO Trend (Annualized %) Sources: Top 100 Commercial Banks and All Commercial Banks - Board of Governors of the Federal Reserve System (Top 100 Commercial Banks are the 100 largest banks based on consolidated assets); Fulton historical data – S&P Capital IQ. Delinquency rates are non-seasonally adjusted and determined based on loans and leases past due 30 days or more and non-accrual loans. Charge-off rates are non- seasonally adjusted and are net of recoveries.

 

© 2026 Fulton Financial Corporation. All rights reserved. Glossary of Terms 24 Term/Acronym Defined As ACL Allowance for credit losses AOCI Accumulated other comprehensive income AUM Assets under management AUA Assets under administration Blue Foundry Bancorp Transaction On April 1, 2026, the Corporation completed the acquisition of Blue Foundry Bancorp and Blue Foundry Bancorp’s wholly owned subsidiary, Blue Foundry Bank, became a wholly owned subsidiary of the Corporation. On July 11, 2026, Blue Foundry Bank merged with and into the Corporation’s wholly owned subsidiary Fulton Bank, with Fulton Bank continuing as the surviving bank. bps Basis point or basis points C&I Commercial and industrial CAGR Compound annual growth rate CD Certificate of deposit CDI Core deposit intangible CET1 Common equity Tier 1 capital CRE Commercial real estate EPS Earnings per share FDIC Federal Deposit Insurance Corporation Term/Acronym Defined As FTE Fully taxable-equivalent Fulton or the Corporation Fulton Financial Corporation Fulton Bank Fulton Bank, National Association GAAP Generally accepted accounting principles NCO Net charge-off NII Net interest income NIM Net interest margin NPA Non-performing asset NPL Non-performing loan PPNR Pre-provision net revenue ROAA Return on average assets ROAE Return on average common shareholders’ equity ROATCE Return on average tangible common equity SEC U.S. Securities and Exchange Commission TBV Tangible book value TRBC Total risk-based capital TTM Trailing twelve months

 

© 2026 Fulton Financial Corporation. All rights reserved. NON-GAAP RECONCILIATION 25

 

© 2026 Fulton Financial Corporation. All rights reserved. Three months ended (dollars in thousands) Sep 30 Jun 30 2026 2026 Operating net income available to common shareholders Net income available to common shareholders $ 114,095 $ 99,852 Plus: CDI amortization 5,467 5,816 Plus: Acquisition-related expense 1,740 13,839 Plus: FultonFirst implementation and asset disposals 15 (189) Plus: Debt Extinguishment Costs - 787 Less: Tax impact of adjustments (1,517) (4,253) Operating net income available to common shareholders (numerator) $ 119,800 $ 115,852 Weighted average shares (diluted) (denominator) 192,234 192,997 Operating net income available to common shareholder, per share (diluted) $ 0.62 $ 0.60 Non-GAAP Reconciliation 26 Note: The Corporation has presented the following non-GAAP financial measures because it believes that these measures provide useful and comparative information to assess trends in the Corporation's results of operations and financial condition. Presentation of these non-GAAP financial measures is consistent with how the Corporation evaluates its performance internally and these non-GAAP financial measures are frequently used by securities analysts, investors and other interested parties in the evaluation of companies in the Corporation's industry. Investors should recognize that the Corporation's presentation of these non-GAAP financial measures might not be comparable to similarly-titled measures of other companies. These non-GAAP financial measures should not be considered a substitute for GAAP basis measures, and the Corporation strongly encourages a review of its condensed consolidated financial statements in their entirety.

 

© 2026 Fulton Financial Corporation. All rights reserved. Three months ended (dollars in thousands) Sep 30 Jun 30 2026 2026 Operating ROAA(1) Net income $ 116,657 $ 102,414 Plus: CDI amortization 5,467 5,816 Plus: Acquisition-related expense 1,740 13,839 Plus: FultonFirst implementation and asset disposals 15 (189) Plus: Debt Extinguishment Costs - 787 Less: Tax impact of adjustments (1,517) (4,253) Operating net income (numerator) $ 122,362 $ 118,414 Total average assets $ 34,836,627 $ 34,193,608 Less: Average net CDI (61,185) (66,665) Total operating average assets (denominator) $ 34,775,442 $ 34,126,943 Operating ROAA 1.40% 1.39% Non-GAAP Reconciliation 27 (1) Annualized.

 

© 2026 Fulton Financial Corporation. All rights reserved. Three months ended (dollars in thousands) Sep 30 Jun 30 2026 2026 Operating ROATCE(1) Net income available to common shareholders $ 114,095 $ 99,852 Plus: Intangible amortization 5,561 5,910 Plus: Acquisition-related expense 1,740 13,839 Plus: FultonFirst implementation and asset disposals 15 (189) Plus: Debt Extinguishment Costs - 787 Less: Tax impact of adjustments (1,536) (4,273) Adjusted net income available to common shareholders (numerator) $ 119,875 $ 115,926 Average shareholders' equity $ 3,807,728 $ 3,788,421 Less: Average preferred stock (192,878) (192,878) Less: Average goodwill and intangible assets (630,639) (635,278) Average tangible common shareholders' equity (denominator) $ 2,984,211 $ 2,960,265 Operating ROATCE 15.94% 15.71% Non-GAAP Reconciliation 28 (1) Annualized.

 

© 2026 Fulton Financial Corporation. All rights reserved. Three months ended (dollars in thousands) Sep 30 Jun 30 2026 2026 Operating non-interest expense to total average assets(1) Non-interest expense $ 218,517 $ 230,954 Less: Intangible amortization (5,561) (5,910) Less: Acquisition-related expense (1,740) (13,839) Less: FultonFirst implementation and asset disposals (15) 189 Less: Debt Extinguishment Costs - (787) Operating non-interest expense (numerator) $ 211,201 $ 210,607 Total average assets (denominator) $ 34,836,627 $ 34,193,608 Operating non-interest expense to total average assets 2.41% 2.47% Non-GAAP Reconciliation 29 (1) Annualized.

 

© 2026 Fulton Financial Corporation. All rights reserved. Three months ended (dollars in thousands) Sep 30 Jun 30 2026 2026 Operating PPNR to average assets(1) Plus: NII $ 290,035 $ 284,252 Plus: Non-interest income 77,225 79,306 Less: Non-interest expense (218,517) (230,954) Plus: CDI amortization 5,467 5,816 Plus: Acquisition-related expense 1,740 13,839 Plus: Debt Extinguishment Costs - 787 Plus: FultonFirst implementation and asset disposals 15 (189) Operating PPNR (numerator) $ 155,965 $ 152,857 Total average assets $ 34,836,627 $ 34,193,608 Less: Average net CDI (61,185) (66,665) Average assets (denominator) $ 34,775,442 $ 34,126,943 Operating PPNR to average assets 1.78% 1.80% Non-GAAP Reconciliation 30 (1) Annualized.

 

© 2026 Fulton Financial Corporation. All rights reserved. Three months ended (dollars in thousands) Sep 30 Jun 30 Mar 31 Dec 31 Sep 30 2026 2026 2026 2025 2025 Efficiency ratio Non-interest expense $ 218,517 $ 230,954 $ 200,294 $ 212,986 $ 196,574 Less: Acquisition-related expense (1,740) (13,839) (2,644) (802) - Less: FDIC special assessment - - - 95 - Less: FultonFirst implementation and asset disposals (15) 189 (1,556) (2,795) 207 Less: Debt Extinguishment Costs - (787) - - - Less: Intangible amortization (5,561) (5,910) (5,349) (5,365) (5,368) Operating non-interest expense (numerator) $ 211,201 $ 210,607 $ 190,745 $ 204,119 $ 191,413 NII $ 290,035 $ 284,252 $ 262,023 $ 266,042 $ 264,198 Tax equivalent adjustment 4,307 4,310 4,303 4,416 4,436 Plus: Total non-interest income 77,225 79,306 69,841 69,980 70,407 Plus: Other revenue - - - 11 (138) Total revenue (denominator) $ 371,567 $ 367,868 $ 336,167 $ 340,449 $ 338,903 Efficiency ratio 56.8% 57.3% 56.7% 60.0% 56.5% Non-GAAP Reconciliation 31

 

© 2026 Fulton Financial Corporation. All rights reserved. (dollars in thousands) Sep 30 Jun 30 2026 2026 Tangible common shareholders' equity Shareholders' equity $ 3,686,752 $ 3,815,813 Less: Preferred stock (192,878) (192,878) Less: Goodwill and intangible assets (627,923) (633,485) Tangible common shareholders' equity $ 2,865,951 $ 2,989,450 Non-GAAP Reconciliation 32

 

© 2026 Fulton Financial Corporation. All rights reserved. Three months ended (dollars in thousands, except per share data) Sep 30 Sep 30 2026 2021 TBV per share Shareholders' equity $ 3,686,752 $ 2,699,818 Less: Preferred stock (192,878) (192,878) Less: Goodwill and intangible assets (627,923) (536,697) Tangible common shareholders' equity (numerator) $ 2,865,951 $ 1,970,243 Shares outstanding, end of period (denominator) 189,285 161,429 TBV per share $ 15.14 $ 12.21 Book value per share $ 18.46 $ 15.53 TBV per share excluding AOCI Shareholders' equity $ 3,686,752 $ 2,699,818 Less: Preferred stock (192,878) (192,878) Less: Goodwill and intangible assets (627,923) (536,697) Tangible common shareholders' equity $ 2,865,951 $ 1,970,243 Less: AOCI (369,749) 25,615 Tangible common shareholders' equity excluding AOCI $ 3,235,700 $ 1,944,628 Shares outstanding, end of period (denominator) 189,285 161,429 TBV per share excluding AOCI $ 17.09 $ 12.05 Non-GAAP Reconciliation 33

 

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