Cover
Cover | 12 Months Ended |
Dec. 31, 2022 | |
Cover [Abstract] | |
Document Type | DEF 14A |
Entity Registrant Name | Fulton Financial Corporation |
Entity Central Index Key | 0000700564 |
Amendment Flag | false |
Pay vs Performance Disclosure
Pay vs Performance Disclosure | 12 Months Ended | ||
Dec. 31, 2022 USD ($) $ / shares | Dec. 31, 2021 USD ($) $ / shares | Dec. 31, 2020 USD ($) $ / shares | |
Pay vs Performance Disclosure [Table] | |||
Pay vs Performance [Table Text Block] | Year 1 Summary PEO 2 Compensation to PEO 3 Average NEOs 2 Average NEOs 3 Value of Initial Fixed $100 4 Net Income (GAAP) 6 Company EPS 7 TSR Peer Group TSR 5 (a) (b) (c) (d) (e) (f) (g) (h) (i) 2022 $4,923,557 $5,537,243 $1,541,616 $1,675,245 $110.08 $101.92 $287 $1.76 2021 $4,207,894 $5,365,077 $1,395,455 $1,745,204 $106.76 $124.84 $275 $1.62 2020 $3,084,495 $2,225,418 $1,082,224 $821,870 $76.83 $89.37 $178 $1.08 | ||
Company Selected Measure Name | EPS | ||
Named Executive Officers, Footnote [Text Block] | 1 Mr. Wenger • 2022: Mark R. McCollom, Curtis J. Myers, Natasha Luddington and Angela M. Snyder; • 2021: Curtis J. Myers, Mark R. McCollom, Angela M. Snyder and Meg R. Mueller; and • 2020: Mark R. McCollom, Curtis J. Myers, Angela M. Snyder and Beth Ann L. Chivinski. | ||
Peer Group Issuers, Footnote [Text Block] | Peer Group TSR represents the Nasdaq Bank Index, which is used by Fulton for purposes of compliance with Item 201(e) of Regulation S-K. | ||
PEO Total Compensation Amount | $ 4,923,557 | $ 4,207,894 | $ 3,084,495 |
PEO Actually Paid Compensation Amount | $ 5,537,243 | 5,365,077 | 2,225,418 |
Adjustment To PEO Compensation, Footnote [Text Block] | 2022 2021 2020 PEO Average PEO Average PEO Average Summary Compensation Table Total $4,923,557 $1,541,616 $4,207,894 $1,395,455 $3,084,495 $1,082,224 Less $2,076,061 $462,213 $1,305,528 $395,464 $1,292,385 $393,958 Plus $2,517,933 $552,934 $1,335,263 $404,470 $1,423,841 $434,250 Plus $233,715 $57,715 $944,182 $285,212 ($901,359) ($267,705) Plus - - - - - - Plus ($61,901) ($14,807) $183,267 $55,530 ($89,174) ($32,941) Minus $0 $0 $0 $0 $0 $0 Plus $0 $0 $0 $0 $0 $0 Compensation Actually Paid $5,537,243 $1,675,245 $5,365,077 $1,745,204 $2,225,418 $821,870 | ||
Non-PEO NEO Average Total Compensation Amount | $ 1,541,616 | 1,395,455 | 1,082,224 |
Non-PEO NEO Average Compensation Actually Paid Amount | $ 1,675,245 | 1,745,204 | 821,870 |
Equity Valuation Assumption Difference, Footnote [Text Block] | In the table above, the unvested equity values are computed in accordance with ASC Topic 718. For unvested awards subject to performance-based vesting conditions, the equity value is determined based on the probable outcome of such performance-based vesting conditions as of the last day of the covered year. | ||
Compensation Actually Paid vs. Total Shareholder Return [Text Block] | Relationship between CAP and TSR. | ||
Compensation Actually Paid vs. Net Income [Text Block] | Relationship between CAP and Net Income. | ||
Compensation Actually Paid vs. Company Selected Measure [Text Block] | Relationship between CAP and EPS. | ||
Tabular List [Table Text Block] | The following is a list of performance measures which represent the most important performance measures used by Fulton to link 2022 CAP to the NEOs: • EPS (non-GAAP); • ROE ; and • Operating Expenses/Average Assets. Each performance measure is reflected on Fulton’s 2022 VCP scorecard. | ||
Total Shareholder Return Amount | $ 110.08 | 106.76 | 76.83 |
Peer Group Total Shareholder Return Amount | 101.92 | 124.84 | 89.37 |
Net Income (Loss) | $ 287,000,000 | $ 275,000,000 | $ 178,000,000 |
Company Selected Measure Amount | $ / shares | 1.76 | 1.62 | 1.08 |
PEO Name | Mr. Wenger | Mr. Wenger | Mr. Wenger |
Additional 402(v) Disclosure [Text Block] | Pursuant to Section 953(a) of the Dodd-Frank Act and Item 402(v) of Regulation S-K, Fulton is providing the following information about the relationship between executive compensation actually paid (“ CAP PEO Non-PEO NEOs | ||
Measure [Axis]: 1 | |||
Pay vs Performance Disclosure [Table] | |||
Measure Name | EPS | ||
Non-GAAP Measure Description [Text Block] | EPS is a Fulton selected measure. Values shown reflect EPS | ||
Measure [Axis]: 2 | |||
Pay vs Performance Disclosure [Table] | |||
Measure Name | ROE | ||
Measure [Axis]: 3 | |||
Pay vs Performance Disclosure [Table] | |||
Measure Name | Operating Expenses/Average Assets. | ||
PEO [Member] | Less Stock Award Value & Option Award Value [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | $ 2,076,061 | $ 1,305,528 | $ 1,292,385 |
PEO [Member] | Plus Fair Value of Equity Awards Granted That Remain Outstanding and Unvested [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 2,517,933 | 1,335,263 | 1,423,841 |
PEO [Member] | Plus Change in Fair Value of Outstanding and Unvested Equity Awards Granted [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 233,715 | 944,182 | (901,359) |
PEO [Member] | Plus Fair Value of Equity Awards Granted and Vested [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | |||
PEO [Member] | Plus Change in Fair Value of Equity Awards Granted Vested [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (61,901) | 183,267 | (89,174) |
PEO [Member] | Minus Fair Value of Equity Awards that Failed to Meet Vesting Conditions [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 0 | 0 | 0 |
PEO [Member] | Plus Value of Dividends or Other Earnings Paid on Stock or Option Awards [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 0 | 0 | 0 |
Non-PEO NEO [Member] | Less Stock Award Value & Option Award Value [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 462,213 | 395,464 | 393,958 |
Non-PEO NEO [Member] | Plus Fair Value of Equity Awards Granted That Remain Outstanding and Unvested [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 552,934 | 404,470 | 434,250 |
Non-PEO NEO [Member] | Plus Change in Fair Value of Outstanding and Unvested Equity Awards Granted [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 57,715 | 285,212 | (267,705) |
Non-PEO NEO [Member] | Plus Fair Value of Equity Awards Granted and Vested [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | |||
Non-PEO NEO [Member] | Plus Change in Fair Value of Equity Awards Granted Vested [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (14,807) | 55,530 | (32,941) |
Non-PEO NEO [Member] | Minus Fair Value of Equity Awards that Failed to Meet Vesting Conditions [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 0 | 0 | 0 |
Non-PEO NEO [Member] | Plus Value of Dividends or Other Earnings Paid on Stock or Option Awards [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | $ 0 | $ 0 | $ 0 |