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
Company profile
Ticker
FULT, FULTP
Exchange
Website
CEO
E. Philip Wenger
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Fulton Financial Realty Company • Central Pennsylvania Financial Corp. • Fulton Insurance Services Group, Inc. • FFC Penn Square, Inc. • Fulton Community Partner, LLC ...
IRS number
232195389
FULT stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
20 May 24
8-K
Entry into a Material Definitive Agreement
15 May 24
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
Entry into a Material Definitive Agreement
2 May 24
8-K
Fulton Financial Announces Closing of $287.5 Million Offering of Common Stock
1 May 24
424B2
Prospectus for primary offering
30 Apr 24
8-K
Entry into a Material Definitive Agreement
29 Apr 24
8-K
Fulton Financial Announces Launch of Common Stock Offering
29 Apr 24
424B5
Prospectus supplement for primary offering
29 Apr 24
8-K
Fulton Financial Corporation Announces First Quarter 2024 Results
16 Apr 24
Transcripts
FULT
Earnings call transcript
2024 Q1
17 Apr 24
FULT
Earnings call transcript
2023 Q4
17 Jan 24
FULT
Earnings call transcript
2023 Q3
18 Oct 23
FULT
Earnings call transcript
2023 Q2
19 Jul 23
FULT
Earnings call transcript
2023 Q2
19 Jul 23
FULT
Earnings call transcript
2023 Q1
19 Apr 23
FULT
Earnings call transcript
2022 Q4
18 Jan 23
FULT
Earnings call transcript
2022 Q3
19 Oct 22
FULT
Earnings call transcript
2022 Q2
20 Jul 22
FULT
Earnings call transcript
2022 Q1
20 Apr 22
Latest ownership filings
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 357.33 mm | 357.33 mm | 357.33 mm | 357.33 mm | 357.33 mm | 357.33 mm |
Cash burn (monthly) | 64.13 mm | 17.45 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 134.73 mm | 36.67 mm | n/a | n/a | n/a | n/a |
Cash remaining | 222.60 mm | 320.67 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 3.5 | 18.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
1.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 36 |
Opened positions | 4 |
Closed positions | 216 |
Increased positions | 11 |
Reduced positions | 15 |
13F shares | Current |
---|---|
Total value | 48.46 bn |
Total shares | 3.41 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Fulton Bank, N.a. | 2.05 mm | $33.82 bn |
Nordea Investment Management Ab | 443.35 k | $7.36 bn |
New York State Teachers Retirement System | 224.70 k | $3.70 mm |
State of Alaska, Department of Revenue | 101.01 k | $1.66 mm |
Mirae Asset Global Investments | 73.26 k | $1.21 bn |
RKL Wealth Management | 54.64 k | $899.34 mm |
Raymond James & Associates | 52.59 k | $865.58 mm |
SG Americas Securities | 52.05 k | $857.00 k |
Hazlett, Burt & Watson | 50.39 k | $828.00 k |
Arizona State Retirement System | 45.85 k | $754.76 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 May 24 | Snyder Angela M | $2.50 par value Common Stock | Payment of exercise | Dispose F | No | No | 17.01 | 282 | 4.80 k | 74,242.415 |
22 May 24 | Snyder Angela M | $2.50 par value Common Stock | Option exercise | Acquire M | No | No | 0 | 282 | 0.00 | 74,524.415 |
22 May 24 | Snyder Angela M | RSU $2.50 par value Common Stock | Option exercise | Dispose M | No | No | 0 | 282 | 0.00 | 11,677 |
1 May 24 | Myers Curtis J | $2.50 par value Common Stock | Payment of exercise | Dispose F | No | No | 16.9 | 23,577.231 | 398.46 k | 182,437.654 |
1 May 24 | Myers Curtis J | $2.50 par value Common Stock | Option exercise | Acquire M | No | No | 0 | 49,653.231 | 0.00 | 206,014.885 |
1 May 24 | Myers Curtis J | RSU $2.50 par value Common Stock | Grant | Acquire A | No | No | 0 | 24,953 | 0.00 | 24,953 |
1 May 24 | Myers Curtis J | Performance Stock Units $2.50 par value Common Stock | Option exercise | Dispose M | No | No | 0 | 49,653.231 | 0.00 | 0 |
1 May 24 | Snyder Angela M | $2.50 par value Common Stock | Payment of exercise | Dispose F | No | No | 16.9 | 9,470.556 | 160.05 k | 74,205.124 |
1 May 24 | Snyder Angela M | $2.50 par value Common Stock | Option exercise | Acquire M | No | No | 0 | 26,194.556 | 0.00 | 83,675.68 |
1 May 24 | Snyder Angela M | RSU $2.50 par value Common Stock | Grant | Acquire A | No | No | 0 | 11,959 | 0.00 | 11,959 |
News
Stephens & Co. Maintains Equal-Weight on Fulton Financial, Raises Price Target to $17.5
7 May 24
DA Davidson Maintains Neutral on Fulton Financial, Raises Price Target to $18
30 Apr 24
Keefe, Bruyette & Woods Maintains Market Perform on Fulton Financial, Raises Price Target to $19
30 Apr 24
Why Clever Leaves Holdings Shares Are Trading Lower By Around 60%? Here Are Other Stocks Moving In Monday's Mid-Day Session
29 Apr 24
Tesla, Deciphera Pharmaceuticals, Heartland Financial And Other Big Stocks Moving Higher On Monday
29 Apr 24
Press releases
Fulton Bank Partners With Rider University on Banking Program for Students, Faculty & Alumni
13 May 24
Fulton Financial Announces Closing of $287.5 Million Offering of Common Stock
1 May 24
Fulton Financial Announces Pricing of $250 Million Offering of Common Stock
29 Apr 24
Fulton Financial Announces Launch of Common Stock Offering
29 Apr 24
Fulton Financial Corporation Acquires Substantially All of the Assets and Assumes Substantially All of the Deposits of Republic First Bank From the FDIC
26 Apr 24