Fulton Financial Corp (FULT)

Fulton Financial Corporation operates as the bank holding company for Fulton Bank that provides banking and financial products and services in the United States. It provides various checking accounts and savings deposit products, and certificates of deposit. The company also offers consumer loans products, including home equity loans and lines of credit; construction and jumbo residential mortgage loans; automobile, student, and personal loans; account overdraft protection; commercial lending products comprising commercial real estate, commercial and industrial, and construction loans, as well as equipment lease financing loans. In addition, it offers letters of credit, cash management services, and traditional deposit products; and wealth management services, including investment management, trust, brokerage, insurance, and investment advisory services. Further, the company owns trust preferred securities; and sells various life insurance products. It provides its products and services through financial center locations, as well as through a network of automated teller machines, telephone banking, mobile banking, and online banking. The company was founded in 1882 and is headquartered in Lancaster, Pennsylvania.

Symbol
FULT
Exchange
Nasdaq
Sector
Financial Services
Industry
Banks - Regional
Market cap
$4.35B
52 week range
16.6 - 25.23

Valuation

Share price
$22.75 (close of 2026-09-23)
P/E (TTM)
10.83x
Price to book
1.14x
Price to free cash flow
10.21x
Enterprise value
$4.80B
Book value per share
$19.94

Price performance

PeriodChange
1 day-2.28%
5 days-4.21%
1 month-3.76%
3 months-3.85%
6 months+14.55%
Year to date+17.69%
1 year+20.31%
3 years+87.09%
5 years+53.41%
10 years+54.76%
All time+331.69%

Profitability and growth

Return on equity
11.22%
Return on assets
1.22%
Net margin
141.49%
EBITDA margin
395.42%
Revenue growth
-6.50%
Net income growth
35.63%
Free cash flow growth
-26.91%

Cash flow and balance sheet

Free cash flow yield (TTM)
9.79%
Net debt to EBITDA
0.43x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$276.77M
EBITDA
$1.09B
Net income
$391.61M
Earnings per share
$2.10
Interest expense
$580.53M
Shares outstanding
181.62M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$276.77M$391.61M$2.10
2024-12-31$296.01M$288.74M$1.59
2023-12-31$228.41M$284.28M$1.66
2022-12-31$227.16M$286.98M$1.69
2021-12-31$240.23M$275.50M$1.63
2020-12-31$226.34M$178.04M$1.08
2019-12-31$211.43M$226.34M$1.36
2018-12-31$195.49M$208.39M$1.19
2017-12-31$198.90M$171.75M$0.98
2016-12-31$187.63M$161.63M$0.93

Margins and returns by year

Period endNet marginReturn on equity
2025-12-31141.49%11.22%
2024-12-3197.54%9.03%
2023-12-31124.46%10.30%
2022-12-31126.34%11.12%
2021-12-31114.68%10.16%
2020-12-3178.66%6.80%
2019-12-31107.05%9.66%
2018-12-31106.60%9.27%
2017-12-3186.35%7.70%
2016-12-3186.14%7.62%

Cash and debt by year

Period endCash
2025-12-31$1.06B
2024-12-31$1.06B
2023-12-31$549.71M
2022-12-31$681.92M
2021-12-31$1.64B
2020-12-31$1.85B
2019-12-31$517.79M
2018-12-31$445.69M
2017-12-31$402.10M
2016-12-31$352.53M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$304.48M$13.33M
2024-12-31$416.56M$10.52M
2023-12-31$362.98M$12.54M
2022-12-31$594.79M$14.00M
2021-12-31$338.39M$8.40M
2020-12-31$157.37M$7.53M
2019-12-31$127.71M$7.41M
2018-12-31$296.82M$7.96M
2017-12-31$287.76M$5.21M
2016-12-31$226.07M$6.56M

Dividend history

Most recent payment
2026-07-01
Paid in the last twelve months
$0.75
Payment dateDividend per share
2026-07-01$0.19
2026-04-01$0.19
2025-12-31$0.19
2025-10-01$0.18
2025-07-01$0.18
2025-04-01$0.18
2024-12-31$0.18
2024-10-01$0.17

Investor relations

Next earnings report

Next confirmed report
2026-10-20
Consensus EPS estimate
$0.55

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-22Jun/2026$0.53
2026-04-22--
2026-01-21--
2025-10-21--
2025-07-15--
2025-04-15--
2025-01-21--
2024-10-15--

Filings and sources

Company website
fultonbank.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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