Fulton Financial (NASDAQ:FULT) Issues Quarterly Earnings Results

Fulton Financial (NASDAQ:FULT) released its quarterly earnings data on Wednesday. The bank reported $0.62 EPS for the quarter, beating the consensus estimate of $0.55 by $0.07, FiscalAI reports. The business had revenue of $367.26 million for the quarter, compared to the consensus estimate of $366.71 million. Fulton Financial had a net margin of 21.07% and a return on equity of 13.05%. During the same period in the prior year, the firm earned $0.55 earnings per share.

Fulton Financial Trading Up 3.6%

Shares of FULT opened at $23.35 on Friday. The firm’s 50 day simple moving average is $23.18 and its 200 day simple moving average is $22.95. The company has a market capitalization of $4.46 billion, a P/E ratio of 11.17 and a beta of 0.79. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.92 and a quick ratio of 0.92. Fulton Financial has a 1-year low of $16.91 and a 1-year high of $25.23.

Fulton Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, October 1st were given a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Thursday, October 1st. Fulton Financial’s dividend payout ratio is 36.36%.

Analysts Set New Price Targets

Several research firms have recently issued reports on FULT. Wall Street Zen raised shares of Fulton Financial from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Piper Sandler restated a “neutral” rating and set a $27.00 price target (up from $23.00) on shares of Fulton Financial in a research note on Monday, August 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Fulton Financial in a report on Wednesday, July 29th. DA Davidson lifted their price objective on shares of Fulton Financial from $24.00 to $25.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Finally, Raymond James Financial lowered shares of Fulton Financial from an “outperform” rating to a “market perform” rating in a research note on Tuesday, October 6th. One investment analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $24.75.

Insider Transactions at Fulton Financial

In other Fulton Financial news, Director Lisa Crutchfield sold 4,100 shares of Fulton Financial stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $24.80, for a total transaction of $101,680.00. Following the completion of the sale, the director directly owned 7,838 shares in the company, valued at $194,382.40. The trade was a 34.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.01% of the stock is currently owned by insiders.

More Fulton Financial News

Here are the key news stories impacting Fulton Financial this week:

• Positive Sentiment: Fulton reported third-quarter net income available to common shareholders of $114.1 million, or $0.59 per diluted share, up $14.2 million from the prior quarter. Adjusted earnings of $0.62 per share exceeded the $0.55 analyst consensus, while revenue of approximately $367.3 million also edged past estimates. Fulton Financial Corporation Announces Third Quarter 2026 Results
• Positive Sentiment: Net interest income increased $5.8 million sequentially to $290.0 million, and total deposits rose $571 million to $28.8 billion. Fulton forecast 2026 net interest income of $1.125 billion to $1.135 billion, with growth in commercial deposits helping support the outlook. Fulton forecasts 2026 net interest income
• Positive Sentiment: Operating efficiency improved: non-interest expense declined $12.4 million from the second quarter to $218.5 million, while the provision for credit losses fell to $4.1 million from $4.9 million. Net loans also increased modestly to $26.0 billion.
• Positive Sentiment: The company repurchased 2.325 million shares for $56.1 million during the quarter, supporting per-share value and signaling management confidence in the stock.
• Neutral Sentiment: Fulton’s third-quarter release included data on net loan charge-offs. Investors will focus on the detailed credit-quality figures and management commentary to determine whether commercial-loan performance is becoming a risk.

About Fulton Financial

Fulton Financial Corporation is a regional bank holding company headquartered in Lancaster, Pennsylvania. Through its principal subsidiary, Fulton Bank, N.A., the company provides banking and financial services to individuals, businesses, and institutions.

Fulton Bank offers deposit accounts, consumer and commercial lending, residential mortgages, and cash-management and treasury services. Its other offerings include wealth management, trust and investment services, financial planning, and insurance solutions.

Founded in 1882, Fulton Financial serves customers through banking offices and digital channels in Pennsylvania, Delaware, Maryland, New Jersey, and Virginia.