Fulton Financial Q2 2023 Earnings Report
Key Takeaways
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.
Net income available to common shareholders increased by 17.2% compared to Q1 2023.
Credit metrics remained stable with credit losses returning to historically low levels.
Non-interest income showed strength across various areas of the bank.
Loan growth was solid and aligned with company expectations.
Fulton Financial
Fulton Financial
Forward Guidance
This press release contains forward-looking statements with respect to the Corporation’s financial condition, results of operations and business. Do not unduly rely on forward-looking statements.