FULTON FINANCIAL (FULT) Company Report

Fulton Financial Corporation entered into a Merger Agreement with Blue Foundry Bancorp on November 24, 2025, which was unanimously approved by the boards of directors of both companies.
Under the terms of the agreement, Blue Foundry will merge with and into Fulton, with Fulton surviving, and subsequently, Blue Foundry Bank will merge with and into Fulton Bank, N.A..
At the effective time of the merger, each outstanding share of Blue Foundry Common Stock will be converted into the right to receive 0.650 of a share of Fulton Common Stock and cash in lieu of fractional shares.
The merger is intended to qualify as a "reorganization" for U.S. federal income tax purposes.

Nov 25, 2025, 11:30 AM

8-K

Fulton Financial Corporation to Acquire Blue Foundry Bancorp

FULT

M&A

New Projects/Investments

Fulton Financial Corporation (FULT) announced a definitive merger agreement to acquire Blue Foundry Bancorp (BLFY) in an all-stock transaction.
The transaction is valued at approximately $243 million, or $11.67 per share of Blue Foundry common stock, based on Fulton's share price of $17.96 as of November 21, 2025. Each share of Blue Foundry common stock will be exchanged for 0.6500 shares of Fulton common stock.
The acquisition is expected to be accretive to first full-year earnings by over 5%, immediately accretive to tangible book value per share, and neutral to regulatory capital ratios at close.
The merger is anticipated to close in the second quarter of 2026, pending customary closing conditions, including regulatory approvals and approval by Blue Foundry’s stockholders.

Nov 24, 2025, 1:47 PM

Press Release

Fulton Financial Corporation to Acquire Blue Foundry Bancorp

FULT

M&A

New Projects/Investments

Revenue Acceleration/Inflection

Fulton Financial Corporation (Fulton) will acquire Blue Foundry Bancorp (Blue Foundry) in an all-stock transaction.
Each share of Blue Foundry common stock will be exchanged for 0.6500 shares of Fulton common stock, valuing the transaction at approximately $243 million, or $11.67 per share of Blue Foundry common stock, based on Fulton's share price of $17.96 as of November 21, 2025.
The transaction is expected to be accretive to first full-year earnings by over 5%, immediately accretive to tangible book value per share, and neutral to regulatory capital ratios at close.
The acquisition is anticipated to close in the second quarter of 2026, subject to customary closing conditions, and will expand Fulton's presence in the northern New Jersey market.

Nov 24, 2025, 1:45 PM

Press Release

Fulton Financial Reports Strong Q3 2025 Operating Results and Updates 2025 Guidance

FULT

Earnings

Guidance Update

Share Buyback

Fulton Financial reported strong Q3 2025 operating results with $0.55 per share in operating earnings and an operating return on assets (ROA) of 1.29%.
The company repurchased 1,650,000 shares at a weighted average cost of $18.67 per share during the quarter, with $86,000,000 remaining on the buyback authorization.
Fulton updated its 2025 operating guidance, increasing net interest income to a range of $1,025,000,000 to $1,035,000,000 and lowering provision expense to $45,000,000 to $55,000,000.
Net interest income increased by $9,300,000 linked quarter to $264,200,000, and net interest margin rose 10 basis points to 3.57%.
Loan growth for the quarter was $29,000,000, which was offset by $600,000,000 in strategic actions year-to-date, with management expecting loan growth to return to long-term trends of 4% to 6%.

Oct 22, 2025, 2:00 PM

Transcript

Fulton Financial Corporation Reports Strong Q3 2025 Results and Updates 2025 Guidance

FULT

Earnings

Guidance Update

Share Buyback

Fulton Financial Corporation (FULT) reported strong Q3 2025 operating results, with operating earnings of $0.55 per share and $101.3 million in operating net income, driven by an all-time high in total revenue and an improved efficiency ratio of 56.5%.
The company demonstrated robust capital management by repurchasing 1.65 million shares at a weighted average cost of $18.67 per share and growing tangible book value per share by 18% on a linked quarter annualized basis.
FULT experienced deposit growth of $194 million and loan growth of $29 million in Q3 2025, noting that strategic actions year-to-date created a $600 million headwind to loan growth, which is expected to moderate.
FULT updated its 2025 operating guidance, increasing net interest income to a range of $1.025 billion to $1.035 billion and tightening fee income to $270 million to $280 million, while lowering provision expense and operating expenses.

Oct 22, 2025, 2:00 PM

Transcript

Fulton Financial Corporation Announces Q3 2025 Results and Updates Guidance

FULT

Earnings

Guidance Update

Share Buyback

Fulton Financial Corporation reported net income available to common shareholders of $97.9 million, or $0.53 per diluted share, for Q3 2025, alongside a record operating net income of $101.3 million, or $0.55 per diluted share.
The company's net interest margin (NIM) was 3.57% in Q3 2025, marking a ten basis point increase compared to the prior quarter.
During Q3 2025, Fulton repurchased 1,650,000 shares of common stock for $30.8 million, with $85.6 million remaining under the 2025 Repurchase Program as of September 30, 2025.
The common equity tier 1 capital ratio improved to approximately 11.5% in Q3 2025, up from 11.3% in the previous quarter.
Fulton updated its 2025 operating guidance, increasing the Non-FTE Net Interest Income range to $1.025 - $1.035 billion and lowering the Provision for Credit Losses range to $45 - $55 million.

Oct 21, 2025, 8:34 PM

8-K

Fulton Financial Corporation Announces Third Quarter 2025 Results

FULT

Earnings

Share Buyback

Fulton Financial Corporation reported net income available to common shareholders of $97.9 million, or $0.53 per diluted share, for the third quarter of 2025, an increase of $1.3 million compared to the second quarter of 2025. Operating net income available to common shareholders was a record $101.3 million, or $0.55 per diluted share, for the same period.
The company's net interest margin was 3.57% in the third quarter of 2025.
Non-interest income increased by $1.3 million to $70.4 million compared to the prior quarter, while non-interest expense increased by $3.8 million to $196.6 million.
The common equity tier 1 capital ratio increased to approximately 11.5% as of September 30, 2025, up from 11.3% in the prior quarter.
During the third quarter of 2025, 1,650,000 shares of common stock were repurchased at a cost of $30.8 million, averaging $18.67 per share.

Oct 21, 2025, 8:30 PM

Press Release

Fulton Financial Declares Common and Preferred Dividends

FULT

Dividends

Fulton Financial Corporation announced a quarterly cash dividend of eighteen cents per share on its common stock.
This common stock dividend is payable on October 15, 2025, to shareholders of record as of October 1, 2025.
A quarterly dividend of $12.81 per share (equivalent to $0.32025 per depositary share) was also declared for its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A.
The preferred stock dividend is payable on October 15, 2025, to shareholders of record as of September 30, 2025.

Sep 16, 2025, 8:30 PM

Press Release

Earnings Transcripts

Quarterly earnings call transcripts for FULTON FINANCIAL.

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