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Sep 30, 2023
Fulton Financial Q3 2023 Earnings Report
Reported a decrease in net income compared to the previous quarter, but solid operating earnings with deposit and loan growth were achieved.
Key Takeaways
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.
Net income available to common shareholders decreased by 9.7% compared to the previous quarter.
Operating earnings were solid with deposit and loan growth.
Net interest margin was maintained from the previous quarter.
Net interest income increased slightly compared to the previous quarter.
Forward Guidance
This press release may contain forward-looking statements with respect to the Corporation’s financial condition, results of operations and business. Do not unduly rely on forward-looking statements.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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