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Fulton Financial Corporation - $FULT STOCK NEWS

Welcome to our dedicated page for Fulton Financial Corporation news (Ticker: $FULT), a resource for investors and traders seeking the latest updates and insights on Fulton Financial Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fulton Financial Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fulton Financial Corporation's position in the market.

Rhea-AI Summary
Fulton Financial Corporation (FULT) appoints Betsy Chivinski as interim CFO and Atul Malhotra as CRO. Chivinski brings 40 years of experience to the role, while Malhotra has over 20 years of experience in risk management. Both changes are effective immediately.
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Fulton Financial Corporation (FULT) reported a decrease in net income available to common shareholders for the fourth quarter of 2023, as well as for the year ended December 31, 2023, compared to the same periods in 2022. The Corporation launched the 'FultonFirst' initiative and recognized a Federal Deposit Insurance Corporation special assessment charge of $6.5 million. Net interest income decreased in the fourth quarter of 2023, and non-interest expense increased. Non-performing assets, net charge-offs, and non-interest income all saw changes in the fourth quarter of 2023 compared to the third quarter of 2023 and the fourth quarter of 2022. The effective tax rate for 2023 was 18.5% compared to 17.3% for 2022.
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End-of-Day
-0.9%
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Rhea-AI Summary
Fulton Financial Corporation (Nasdaq: FULT) will release its Q4 2023 earnings on January 16, with a conference call on January 17. The $27 billion financial holding company operates over 200 branches in 5 states, with 3,300 employees.
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1.44%
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Fulton Financial Corporation (NASDAQ: FULT) appoints Angela Snyder as President of Fulton and Fulton Bank, N.A., effective January 1, 2024.
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0.73%
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Fulton Financial Corporation (Nasdaq: FULT) Increases Quarterly Dividend and Announces Share Repurchase Program
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-0.42%
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buyback dividends
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Rhea-AI Summary
Fulton Financial Corporation reports net income of $69.5 million for Q3 2023, a decrease of 9.7% compared to Q2 2023.
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Rhea-AI Sentiment
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-1.59%
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Rhea-AI Summary
Fulton Financial Corporation to release Q3 2023 earnings on October 17th
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Fulton Financial Corporation declares quarterly cash dividend of $0.16 per share on its common stock and $12.81 per share on its Preferred Stock, Series A.
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-1.35%
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dividends
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-2.19%
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management
Rhea-AI Summary
Fulton Financial Corporation reported net income of $77.0 million for Q2 2023, a 17.2% increase from Q1 2023. Operating net income was $77.8 million. Net interest income decreased by $2.7 million, primarily due to an increase in the rate on interest-bearing deposits. Interest income increased by $25.1 million, driven by higher loan yields and an increase in average net loans. Non-interest income increased by $8.9 million, mainly from commercial banking income. Non-interest expense increased by $8.4 million. The effective tax rate for Q2 2023 was 16.8%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.73%
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Fulton Financial Corporation

Nasdaq:FULT

FULT Rankings

FULT Stock Data

3.16B
160.05M
1.03%
73.69%
4.94%
Commercial Banking
Finance and Insurance
Link
United States of America
LANCASTER

About FULT

fulton financial corporation is a $17+ billion regional financial holding company headquartered in lancaster, pennsylvania, providing a variety of financial services throughout our ten affiliates in pennsylvania, maryland, delaware, new jersey and virginia. we operate approximately 250 offices and atms. our flagship bank, fulton bank, was founded in 1882 and operates throughout south central pennsylvania, delaware and virginia. our corporation also provides a broad array of financial services through: fulton financial advisors, n.a. (trust, brokerage and investment management services) fulton mortgage company (residential mortgage services) as part of fulton financial corporation, our affiliate banks are able to offer a broad array of financial services while maintaining the strong personal relationships and community support our customers have come to expect and appreciate. our community-oriented style of banking enables us to be better listeners, and to satisfy and maintain lo