Fulton Financial Q2 2023 Earnings Report

Fulton Financial EPS Results

• Actual EPS: $0.47
• Consensus EPS: $0.42
• Beat/Miss: Beat by +$0.05
• One Year Ago EPS: $0.42

Fulton Financial Revenue Results

• Actual Revenue: $375.50 million
• Expected Revenue: $270.30 million
• Beat/Miss: Beat by +$105.20 million
• YoY Revenue Growth: N/A

Fulton Financial Announcement Details

• Quarter: Q2 2023
• Date: 7/19/2023
• Time: After Market Closes

Fulton Financial (NASDAQ:FULT) 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.