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Fulton Financial Corporation (FULT)

NASDAQ
Currency in USD
21.19
+0.11(+0.52%)
Real-time Data
FULT Scorecard
Full Analysis
Suffers from weak gross profit margins
Fair Value
Day's Range
21.0621.28
52 wk Range
13.8722.49
Key Statistics
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Prev. Close
21.08
Open
21.06
Day's Range
21.06-21.28
52 wk Range
13.87-22.49
Volume
167.58K
Average Volume (3m)
1.47M
1-Year Change
39.7%
Book Value / Share
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Fair Value
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Fair Value Upside
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FULT Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
20.83
Downside
-1.70%
Members' Sentiments
Bearish
Bullish
ProTips
Has maintained dividend payments for 43 consecutive years
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Fulton Financial Corporation Company Profile

Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services in Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. The company offers consumer loans products, including home equity loans and lines of credit, automobile loans, personal lines of credit, and checking account overdraft protection; construction and jumbo residential mortgage loans; and 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 offices, as well as through a network of automated teller machines, telephone banking, mobile banking, and online banking. Fulton Financial Corporation was founded in 1882 and is headquartered in Lancaster, Pennsylvania.

Sector
Financial
Employees
3400

Fulton Financial Corporation SWOT Analysis


Strategic Efficiency
Fulton Financial's cost-cutting initiatives and strategic moves, including a sale/leaseback transaction, aim to boost profitability and streamline operations.
Q1 Performance Beat
Explore Fulton's Q1 2024 results, featuring an EPS of $0.36 and core EPS of $0.40, slightly surpassing analyst expectations despite efficiency-related costs.
Rate Cut Readiness
Delve into management's outlook, maintaining guidance based on anticipated interest rate cuts, and the potential impact on Fulton's financial performance.
Analyst Perspectives
Analyst price targets range from $15 to $19, with an average of $17, reflecting varied views on Fulton's growth potential and market positioning.
Read full SWOT analysis
FULT Full Pro Research
Institutional-Grade Stock Analysis
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Financial health at a glance
Bearish and bullish outlooks
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Fulton Financial Corporation Earnings Call Summary for Q4/2024

  • Record Q3 operating earnings of $0.50/share; net income up to $91.3M driven by Republic Bank integration and strong growth
  • Total deposits up $745M (12% annualized); net interest income rose $16M to $258M; wealth management revenue hit record $21.6M
  • Projecting $925-950M net interest income for 2024; expects $50M+ annual savings from Republic acquisition by 2026
  • Anticipates 40% cost-savings from Republic deal by Jan 2025; forecasts stable 2025 operating expenses aligned with 2024 year-end
  • Considering M&A for 2024, targeting $1-5B banks; no immediate buybacks as focus remains on Republic integration
Last Updated: 17/10/2024, 06:56 am
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Compare FULT to Peers and Sector

Metrics to compare
FULT
Peers
Sector
Relationship
P/E Ratio
14.0x13.1x8.7x
PEG Ratio
−1.54−0.660.03
Price/Book
1.3x1.2x1.0x
Price / LTM Sales
3.5x3.8x2.8x
Upside (Analyst Target)
−2.8%3.2%10.2%
Fair Value Upside
Unlock33.0%2.7%Unlock

Analysts' Recommendations

1 Buy
6 Hold
0 Sell
Ratings:
6 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 20.83

(-1.68% Downside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.6
Dividend Yield
3.23%
Industry Median 4.56%
Annualised payout
0.6800
Paid quarterly
5-Years Growth
+5.92%
Growth Streak

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FAQ

What Is the Fulton (FULT) Stock Price Today?

The Fulton stock price today is 21.19

What Stock Exchange Does Fulton Trade On?

Fulton is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Fulton?

The stock symbol for Fulton is "FULT."

Does Fulton Pay Dividends? What’s The Current Dividend Yield?

The Fulton dividend yield is 3.23%.

What Is the Fulton Market Cap?

As of today, Fulton market cap is 3.84B.

What is Fulton Earnings Per Share?

The Fulton EPS is 1.60.

What Is the Next Fulton Earnings Date?

Fulton will release its next earnings report on 20 Jan 2025.

From a Technical Analysis Perspective, Is FULT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.
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