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    Chris McGratty

    Research Analyst at KBW

    Chris McGratty is the Head of U.S. Bank Research and Managing Director at KBW, focusing on both large-cap and mid-cap U.S. banks with broad coverage across over 100 financial sector stocks. He has achieved a 65% rate of profitable recommendations and an average return per transaction of 11%, and is ranked as a 4.73-star Wall Street analyst on TipRanks. After starting his career as a Financial Controller at Morgan Stanley, McGratty joined KBW in 2004, led the SMID-cap bank research team, and was promoted to Head of U.S. Bank Research in 2020. He holds a BS from Villanova University, the Chartered Financial Analyst (CFA) designation, and is a frequent industry commentator in major financial publications.

    Chris McGratty's questions to FULTON FINANCIAL (FULT) leadership

    Chris McGratty's questions to FULTON FINANCIAL (FULT) leadership • Q4 2024

    Question

    An analyst on behalf of Chris McGratty from KBW inquired about the expected cadence of the net interest margin (NIM) throughout 2025 and whether the company's appetite for share buybacks has increased.

    Answer

    CFO Rick Kraemer explained that while avoiding specific margin guidance, he anticipates Net Interest Income (NII) will start lower in Q1 due to day count and then gradually increase through 2025. CEO Curtis Myers stated that capital allocation priorities remain unchanged, with share buybacks ranked third, although the company maintains the flexibility of an approved authorization.

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