Fulton Financial Corp - Understand $fult stock

$FULT Market Cap: $3.877 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$230.1M

TTM

Gross Margin

Net Earnings

$274.1M

TTM

Current Assets

Current Liabilities

$566.3M

Q3 2024

Current Ratio

Total Assets

$32.19B

Q3 2024

Total Liabilities

$28.98B

Q3 2024

Book Value

$3.204B

Q3 2024

Cash

$1.441B

Q3 2024

P/E

14.14

Nov 29, 2024 EST

Free Cash Flow

$245.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$228.4M	$227.2M	$723.4M	$742.9M	$825.3M	$758.5M	$668.9M	$603.1M	$583.8M	$596.1M	$609.7M	$647.5M	$693.7M	$745.4M	$786.5M
YoY Change	0.55%	-68.6%	-2.62%	-9.99%	8.81%	13.4%	10.9%	3.31%	-2.06%	-2.23%	-5.84%	-6.66%	-6.93%	-5.23%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$228.4M	$227.2M	$723.4M	$742.9M	$825.3M	$758.5M	$668.9M	$603.1M	$583.8M	$596.1M	$609.7M	$647.5M	$693.7M	$745.4M	$786.5M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$33.00M	$31.93M	$29.40M	$29.30M	$29.60M	$28.20M	$28.10M	$27.40M	$27.80M	$25.90M	$28.30M	$25.60M	$25.40M	$25.70M	$26.30M	$26.90M	$28.00M	$27.20M	$21.60M	$17.10M	$14.50M	$14.60M	$17.80M	$13.40M	$12.50M	$10.40M	$11.20M	$9.400M	$7.300M	$5.500M	$4.600M	$4.500M	$3.300M	$2.600M	$2.200M	$400.0K
YoY Change	3.34%	8.61%	0.34%	-1.01%	4.96%	0.36%	2.55%	-1.44%	7.34%	-8.48%	10.55%	0.79%	-1.17%	-2.28%	-2.23%	-3.93%	2.94%	25.93%	26.32%	17.93%	-0.68%	-17.98%	32.84%	7.2%	20.19%	-7.14%	19.15%	28.77%	32.73%	19.57%	2.22%	36.36%	26.92%	18.18%	450.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	$419.0M	$83.20M	$59.68M	$113.7M	$176.9M	$128.1M	$93.50M	$82.33M	$83.80M	$81.21M	$82.50M	$103.2M	$133.5M	$186.6M	$265.5M
YoY Change	403.52%	39.41%	-47.5%	-35.75%	38.15%	36.96%	13.57%	-1.75%	3.18%	-1.56%	-20.04%	-22.74%	-28.45%	-29.71%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Pretax Income	$348.7M	$347.0M	$334.2M	$202.2M	$264.0M	$208.4M	$171.8M	$161.6M	$149.5M	$157.9M	$161.8M	$159.8M	$196.4M	$172.7M	$89.33M	$19.00M	$216.3M	$265.9M	$237.4M	$214.3M	$195.5M	$189.4M	$160.0M	$151.3M	$147.1M	$128.3M	$109.9M	$93.70M	$71.80M	$58.10M	$46.80M	$31.80M	$34.10M	$28.10M	$26.60M	$24.20M	$18.60M	$14.70M	$12.30M	$10.20M	$6.700M
YoY Change	0.49%	3.82%	65.28%	-23.39%	26.68%	21.33%	6.27%	8.11%	-5.31%	-2.44%	1.25%	-18.62%	13.7%	93.37%	370.17%	-91.22%	-18.65%	12.01%	10.78%	9.62%	3.22%	18.38%	5.75%	2.86%	14.65%	16.74%	17.29%	30.5%	23.58%	24.15%	47.17%	-6.74%	21.35%	5.64%	9.92%	30.11%	26.53%	19.51%	20.59%	52.24%
Income Tax	$64.44M	$60.03M	$58.75M	$24.20M	$37.65M	$24.58M	$62.70M	$46.62M	$49.92M	$52.61M	$51.09M	$57.60M	$50.84M	$44.41M	$15.41M	$24.60M	$63.50M	$80.40M	$71.40M	$64.70M	$59.10M	$56.50M	$46.40M	$44.40M	$42.50M	$39.80M	$33.40M	$27.80M	$20.20M	$15.60M	$10.30M	$5.700M	$6.500M	$4.900M	$4.200M	$3.600M	$2.500M	$500.0K	$700.0K	$600.0K	$200.0K
% Of Pretax Income	18.48%	17.3%	17.58%	11.96%	14.26%	11.79%	36.51%	28.85%	33.39%	33.32%	31.57%	36.04%	25.88%	25.71%	17.25%	129.47%	29.36%	30.24%	30.08%	30.19%	30.23%	29.83%	29.0%	29.35%	28.89%	31.02%	30.39%	29.67%	28.13%	26.85%	22.01%	17.92%	19.06%	17.44%	15.79%	14.88%	13.44%	3.4%	5.69%	5.88%	2.99%
Net Earnings	$274.0M	$276.7M	$275.5M	$178.0M	$226.3M	$208.4M	$171.8M	$161.6M	$149.5M	$157.9M	$161.8M	$159.8M	$145.6M	$128.3M	$73.92M	-$5.600M	$152.7M	$185.5M	$166.1M	$149.6M	$136.4M	$132.9M	$113.6M	$106.8M	$104.6M	$88.50M	$76.40M	$65.90M	$51.60M	$42.50M	$33.10M	$26.10M	$27.70M	$23.30M	$22.40M	$20.60M	$16.10M	$14.20M	$11.70M	$9.600M	$6.500M
YoY Change	-0.98%	0.45%	54.74%	-21.34%	8.61%	21.33%	6.27%	8.11%	-5.31%	-2.44%	1.25%	9.8%	13.43%	73.6%	-1420.07%	-103.67%	-17.68%	11.68%	11.03%	9.68%	2.63%	16.99%	6.37%	2.1%	18.19%	15.84%	15.93%	27.71%	21.41%	28.4%	26.82%	-5.78%	18.88%	4.02%	8.74%	27.95%	13.38%	21.37%	21.88%	47.69%
Net Earnings / Revenue	119.97%	121.82%	38.08%	23.97%	27.42%	27.47%	25.68%	26.8%	25.61%	26.49%	26.54%	24.69%	20.99%	17.22%	9.4%
Basic Earnings Per Share	$1.66	$1.69	$1.63	$1.08	$1.36	$1.19	$0.98	$0.93	$0.85	$0.85	$0.84	$0.80	$0.73	$0.59	$0.31
Diluted Earnings Per Share	$1.64	$1.672M	$1.62	$1.08	$1.35	$1.18	$0.98	$0.93	$0.85	$0.84	$0.83	$0.80	$0.73	$0.59	$0.31	-$32.15K	$875.6K	$1.061M	$998.8K	$943.8K	$917.9K	$889.0K	$755.3K	$722.6K	$698.3K	$636.7K	$549.6K	$476.8K	$463.2K	$431.0K	$356.3K	$291.3K	$354.2K	$355.2K	$337.3K	$310.7K	$322.0K	$290.4K	$274.6K	$224.8K	$166.7K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$222.9M	$225.1M	$303.0M	$316.0M	$343.0M	$235.0M	$223.0M	$218.0M	$226.0M	$226.0M	$226.0M	$228.0M	$212.0M	$208.0M	$204.0M	$203.0M	$193.0M	$191.0M	$170.0M	$147.0M	$121.0M	$123.0M	$126.0M	$116.0M	$79.00M	$76.00M	$73.00M	$58.00M	$48.00M	$42.00M	$36.00M	$31.00M	$28.00M	$26.00M	$24.00M	$17.00M	$15.00M	$14.00M	$13.00M	$12.00M	$12.00M
YoY Change	-1.0%	-25.7%	-4.11%	-7.87%	45.96%	5.38%	2.29%	-3.54%	0.0%	0.0%	-0.88%	7.55%	1.92%	1.96%	0.49%	5.18%	1.05%	12.35%	15.65%	21.49%	-1.63%	-2.38%	8.62%	46.84%	3.95%	4.11%	25.86%	20.83%	14.29%	16.67%	16.13%	10.71%	7.69%	8.33%	41.18%	13.33%	7.14%	7.69%	8.33%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$140.7M	$164.6M	$44.00M	$46.00M	$31.00M	$48.00M
YoY Change	-14.5%	274.01%	-4.35%	48.39%	-35.42%
Total Long-Term Assets
YoY Change
Total Assets	$27.56B	$26.93B	$25.80B	$25.91B	$21.89B	$20.68B	$20.04B	$18.94B	$17.92B	$17.13B	$16.94B	$16.53B	$16.37B	$16.28B	$16.64B	$16.19B	$15.92B	$14.92B	$12.40B	$11.16B	$9.767B	$8.388B	$7.771B	$7.365B	$6.070B	$5.839B	$5.378B	$4.111B	$3.525B	$3.179B	$2.739B	$2.363B	$2.042B	$1.789B	$1.690B	$1.337B	$1.229B	$1.098B	$1.019B	$765.0M	$674.0M
YoY Change
Accounts Payable	$35.08M	$10.19M	$7.000M	$10.00M	$9.000M	$11.00M	$9.000M	$10.00M	$11.00M	$18.00M	$15.00M	$19.00M	$26.00M	$33.00M	$47.00M	$54.00M	$69.00M	$61.00M	$39.00M	$27.00M	$25.00M	$28.00M	$36.00M	$48.00M	$32.00M	$34.00M	$33.00M	$21.00M	$19.00M	$13.00M	$10.00M	$10.00M	$13.00M	$14.00M	$14.00M	$7.000M	$6.000M	$6.000M	$7.000M	$6.000M	$5.000M
YoY Change	244.46%	45.5%	-30.0%	11.11%	-18.18%	22.22%	-10.0%	-9.09%	-38.89%	20.0%	-21.05%	-26.92%	-21.21%	-29.79%	-12.96%	-21.74%	13.11%	56.41%	44.44%	8.0%	-10.71%	-22.22%	-25.0%	50.0%	-5.88%	3.03%	57.14%	10.53%	46.15%	30.0%	0.0%	-23.08%	-7.14%	0.0%	100.0%	16.67%	0.0%	-14.29%	16.67%	20.0%
Accrued Expenses	$95.23M	$93.88M	$93.00M	$97.00M	$110.0M
YoY Change	1.43%	0.95%	-4.12%	-11.82%
Deferred Revenue
YoY Change
Short-Term Debt	$852.1M	$1.082B	$417.0M	$630.0M	$383.0M	$370.0M	$618.0M	$541.0M	$388.0M	$260.0M	$859.0M	$868.0M	$597.0M	$674.0M	$869.0M	$1.763B	$1.734B	$1.681B	$1.297B	$1.195B	$1.347B	$632.0M	$400.0M	$446.0M	$488.0M	$236.0M	$248.0M	$209.0M	$131.0M	$197.0M	$81.00M	$33.00M	$25.00M	$64.00M	$60.00M	$46.00M	$44.00M	$39.00M	$52.00M	$50.00M	$33.00M
YoY Change	-21.21%	159.37%	-33.81%	64.49%	3.51%	-40.13%	14.23%	39.43%	49.23%	-69.73%	-1.04%	45.39%	-11.42%	-22.44%	-50.71%	1.67%	3.15%	29.61%	8.54%	-11.28%	113.13%	58.0%	-10.31%	-8.61%	106.78%	-4.84%	18.66%	59.54%	-33.5%	143.21%	145.45%	32.0%	-60.94%	6.67%	30.43%	4.55%	12.82%	-25.0%	4.0%	51.52%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$852.1M	$104.1M	$100.0M	$107.0M	$119.0M	$11.00M	$9.000M	$10.00M	$11.00M	$18.00M	$15.00M	$19.00M	$26.00M	$33.00M	$47.00M	$54.00M	$69.00M	$61.00M	$39.00M	$27.00M	$25.00M	$28.00M	$36.00M	$48.00M	$32.00M	$34.00M	$33.00M	$21.00M	$19.00M	$13.00M	$10.00M	$10.00M	$13.00M	$14.00M	$14.00M	$7.000M	$6.000M	$6.000M	$7.000M	$6.000M	$5.000M
YoY Change	718.83%	4.07%	-6.54%	-10.08%	981.82%	22.22%	-10.0%	-9.09%	-38.89%	20.0%	-21.05%	-26.92%	-21.21%	-29.79%	-12.96%	-21.74%	13.11%	56.41%	44.44%	8.0%	-10.71%	-22.22%	-25.0%	50.0%	-5.88%	3.03%	57.14%	10.53%	46.15%	30.0%	0.0%	-23.08%	-7.14%	0.0%	100.0%	16.67%	0.0%	-14.29%	16.67%	20.0%
Long-Term Debt	$535.4M	$539.6M	$621.0M	$760.0M	$391.0M	$390.0M	$386.0M	$362.0M	$362.0M	$466.0M	$370.0M	$369.0M	$374.0M	$383.0M	$383.0M	$383.0M	$383.0M	$306.0M	$143.0M	$39.00M	$36.00M	$4.000M	$4.000M	$5.000M	$1.000M	$1.000M	$1.000M	$3.000M	$3.000M	$27.00M	$13.00M	$12.00M	$10.00M	$11.00M	$11.00M	$11.00M	$12.00M	$11.00M	$11.00M	$11.00M	$11.00M
YoY Change	-0.79%	-13.1%	-18.29%	94.37%	0.26%	1.04%	6.63%	0.0%	-22.32%	25.95%	0.27%	-1.34%	-2.35%	0.0%	0.0%	0.0%	25.16%	113.99%	266.67%	8.33%	800.0%	0.0%	-20.0%	400.0%	0.0%	0.0%	-66.67%	0.0%	-88.89%	107.69%	8.33%	20.0%	-9.09%	0.0%	0.0%	-8.33%	9.09%	0.0%	0.0%	0.0%
Other Long-Term Liabilities	$785.5M	$831.2M	$372.0M	$417.0M	$266.0M	$301.0M	$344.0M	$330.0M	$283.0M	$273.0M	$223.0M	$185.0M	$189.0M	$179.0M	$145.0M	$169.0M	$147.0M	$124.0M	$116.0M	$114.0M	$79.00M	$83.00M	$79.00M	$77.00M	$61.00M	$72.00M	$60.00M	$43.00M	$70.00M	$43.00M	$53.00M	$23.00M	$20.00M	$14.00M	$18.00M	$11.00M	$11.00M	$9.000M	$10.00M	$4.000M	$4.000M
YoY Change	-5.5%	123.44%	-10.79%	56.77%	-11.63%	-12.5%	4.24%	16.61%	3.66%	22.42%	20.54%	-2.12%	5.59%	23.45%	-14.2%	14.97%	18.55%	6.9%	1.75%	44.3%	-4.82%	5.06%	2.6%	26.23%	-15.28%	20.0%	39.53%	-38.57%	62.79%	-18.87%	130.43%	15.0%	42.86%	-22.22%	63.64%	0.0%	22.22%	-10.0%	150.0%	0.0%
Total Long-Term Liabilities	$1.321B	$1.371B	$993.0M	$1.177B	$657.0M	$691.0M	$730.0M	$692.0M	$645.0M	$739.0M	$593.0M	$554.0M	$563.0M	$562.0M	$528.0M	$552.0M	$530.0M	$430.0M	$259.0M	$153.0M	$115.0M	$87.00M	$83.00M	$82.00M	$62.00M	$73.00M	$61.00M	$46.00M	$73.00M	$70.00M	$66.00M	$35.00M	$30.00M	$25.00M	$29.00M	$22.00M	$23.00M	$20.00M	$21.00M	$15.00M	$15.00M
YoY Change	-3.64%	38.05%	-15.63%	79.15%	-4.92%	-5.34%	5.49%	7.29%	-12.72%	24.62%	7.04%	-1.6%	0.18%	6.44%	-4.35%	4.15%	23.26%	66.02%	69.28%	33.04%	32.18%	4.82%	1.22%	32.26%	-15.07%	19.67%	32.61%	-36.99%	4.29%	6.06%	88.57%	16.67%	20.0%	-13.79%	31.82%	-4.35%	15.0%	-4.76%	40.0%	0.0%
Total Liabilities	$24.81B	$24.35B	$23.08B	$23.29B	$19.54B	$18.44B	$17.81B	$16.82B	$15.87B	$15.13B	$14.87B	$14.45B	$14.38B	$14.40B	$14.70B	$14.33B	$14.35B	$13.40B	$11.12B	$9.916B	$8.820B	$7.524B	$6.959B	$6.634B	$5.456B	$5.230B	$4.813B	$3.692B	$3.171B	$2.870B	$2.457B	$2.133B	$1.860B	$1.628B	$1.539B	$1.224B	$1.128B	$1.016B	$946.0M	$711.0M	$625.0M
YoY Change	1.88%	5.49%	-0.88%	19.17%	6.02%	3.53%	5.85%	5.99%	4.92%	1.73%	2.91%	0.51%	-0.12%	-2.07%	2.61%	-0.16%	7.05%	20.54%	12.13%	12.43%	17.22%	8.12%	4.9%	21.59%	4.32%	8.66%	30.36%	16.43%	10.49%	16.81%	15.19%	14.68%	14.25%	5.78%	25.74%	8.51%	11.02%	7.4%	33.05%	13.76%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	165.2M shares	164.1M shares	162.2M shares	162.4M shares	166.9M shares	175.4M shares	174.7M shares	173.3M shares	175.7M shares	186.2M shares	193.3M shares	199.1M shares	198.9M shares	190.9M shares	175.7M shares
Diluted Shares Outstanding	166.8M shares	165.5M shares	163.3M shares	163.1M shares	167.8M shares	176.5M shares	175.9M shares	174.4M shares	176.8M shares	187.2M shares	194.4M shares	200.0M shares	199.7M shares	191.4M shares	175.9M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Free Cash Flow YoY

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Stock Price

Market Cap: $3.8771 Billion

About FULTON FINANCIAL CORP

Fulton Financial Corp. is financial holding company, which through its subsidiaries, engages in the provision of consumer and commercial banking products and services. The company is headquartered in Lancaster, Pennsylvania and currently employs 3,400 full-time employees. Through banking subsidiary, Fulton Bank (the Bank), it delivers financial services within its five-state market area, comprised of Pennsylvania, Delaware, Maryland, New Jersey and Virginia. The company offers a range of consumer and commercial banking as well as wealth management products and services, to its customers and the communities it serves. Its consumer banking products and services include various checking account and savings deposit products and certificates of deposit. Its consumer loan products include automobile loans, personal lines of credit and checking account overdraft protection. The company provides commercial banking products and services to small and medium sized businesses. Its commercial lending products include commercial real estate loans, commercial and industrial loans, and construction loans. Its wealth management services include investment management, trust, brokerage, insurance and investment advisory services.

Industry: National Commercial Banks Peers: Atlantic Union Bankshares Corp BankUnited, Inc. PACWEST BANCORP Independent Bank Group, Inc. INTERNATIONAL BANCSHARES CORP PNC FINANCIAL SERVICES GROUP, INC. SIMMONS FIRST NATIONAL CORP TEXAS CAPITAL BANCSHARES INC/TX