Fulton Financial delivered a strong Q1 2025, posting higher net and operating income, stable margins, and notable efficiency improvements. However, loan balances saw a modest decline and interest income dipped slightly.
Fulton Financial Corporation reported a solid fourth quarter with net income available to common shareholders of $66.1 million, or $0.36 per diluted share. The operating results were $0.48 per diluted share. The quarter was marked by a solid net interest margin and a decrease in non-interest expense.
Fulton Financial Corporation reported a net income of $60.6 million, or $0.33 per diluted share, for Q3 2024. Operating net income available to common shareholders was $91.3 million, or $0.50 per diluted share, marking an all-time high for the company. The quarter benefited from a solid net interest margin and an increase in customer deposits, excluding brokered deposits.
Fulton Financial Corporation reported a strong second quarter in 2024, with net income available to common shareholders of $92.4 million, or $0.52 per diluted share. The results were significantly influenced by the acquisition of Republic First Bank, which contributed to increases in net interest income and non-interest income.
Fulton Financial Corporation reported a net income available to common shareholders of $59.4 million, or $0.36 per diluted share, for Q1 2024. Operating net income available to common shareholders was $65.4 million, or $0.40 per diluted share. Deposit growth outpaced loan growth, net interest margin was in line with expectations and asset quality remained stable.
Fulton Financial Corporation reported a net income available to common shareholders of $61.7 million, or $0.37 per diluted share, for Q4 2023. The results reflect a decrease compared to the previous quarter, influenced by expenses related to the 'FultonFirst' initiative and an FDIC special assessment. Despite these challenges, the company saw growth in loans and deposits and advancements in strategic objectives.
Fulton Financial Corporation reported net income available to common shareholders of $69.5 million, or $0.42 per diluted share, for Q3 2023. This represents a decrease of $7.5 million, or 9.7%, compared to Q2 2023. However, operating earnings were solid, with deposit and loan growth, and the net interest margin was maintained.
Fulton Financial Corporation reported a net income available to common shareholders of $77.0 million, or $0.46 per diluted share, for the second quarter of 2023, representing a 17.2% increase compared to the first quarter of 2023. The company saw stable credit metrics, historically low credit losses, strong non-interest income, and solid loan growth.
Fulton Financial Corporation reported a net income available to common shareholders of $65.8 million, or $0.39 per diluted share, for the first quarter of 2023. The company focused on fortifying its balance sheet, increasing liquidity, diversifying funding, and enhancing reserves during the quarter.
Fulton Financial Corporation reported a strong fourth quarter and record year for 2022, with net income available to common shareholders increasing by 16.0% compared to the third quarter of 2022. The corporation's performance was driven by strategic initiatives, including the acquisition of Prudential Bancorp.
Fulton Financial Corporation reported a strong third quarter with net income available to common shareholders of $68.3 million, or $0.40 per diluted share. The results include the impact of the acquisition of Prudential Bancorp on July 1, 2022. Operating earnings were at an all-time high, driven by increased net interest income, rising interest rates, loan growth, and consistent fee income.
Fulton Financial Corporation reported net income available to common shareholders of $61.7 million, or $0.38 per diluted share, for the first quarter of 2022, an increase of $2.4 million, or 4.0%, in comparison to the fourth quarter of 2021.
Fulton Financial Corporation reported net income available to common shareholders of $59.3 million, or $0.37 per diluted share, for the fourth quarter of 2021.
Fulton Financial Corporation reported a net income available to common shareholders of $73 million, or $0.45 per diluted share, for the third quarter of 2021. The company saw loan growth, solid core commercial and consumer businesses, stable asset quality, improving pipelines, strong mortgage banking earnings, and record highs in wealth management income and assets under management and administration.
Fulton Financial Corporation reported net income available to common shareholders of $62 million, or $0.38 per diluted share, for the second quarter of 2021.
Fulton Financial Corporation reported a net income available to common shareholders of $70 million, or $0.43 per diluted share, for the first quarter of 2021. The balance sheet restructuring announced in March had minimal net impact on earnings but is expected to enhance net interest income going forward.
Fulton Financial Corporation reported a net income available to common shareholders of $49 million, or $0.30 per diluted share, for the fourth quarter of 2020. The company's achievements were noted given the challenges of COVID-19, with stable asset quality and growth in mortgage and wealth management businesses.
Fulton Financial Corporation reported a net income of $62 million, or $0.38 per diluted share, for the third quarter of 2020. The company experienced record growth in its mortgage business, and loan growth, fee income, and credit quality exceeded expectations.
Fulton Financial Corporation reported net income of $40 million, or $0.24 per diluted share, for the second quarter of 2020. The company's earnings were strong, with lower credit losses and relatively stable fee income and expenses.
Fulton Financial Corporation reported a net income of $26 million, or $0.16 per diluted share, for the first quarter of 2020, influenced by the COVID-19 pandemic.
Fulton Financial Corporation reported a net income of $54 million, or $0.33 per diluted share, for the fourth quarter of 2019. The net income per diluted share remained unchanged compared to Q4 2018.