Fulton Financial Corporation

fultonbank.com

What Do They Do?

Delivers consumer and commercial banking and wealth management services to consumers and businesses in Pennsylvania, Delaware, Maryland, New Jersey and Virginia.

How Do They Make Money?

Most revenue comes from interest on loans and investments, offset by interest paid on deposits and borrowings; fees come from banking and wealth services as transactions occur or services are provided, alongside gains from asset sales.

revenue

Segment	Share	How money arrives
Commercial banking Usage-based	33% FY2022: 33%	Usage-based
Wealth management	33% FY2022: 32%
Consumer banking Usage-based	21% FY2022: 22%	Usage-based
Mortgage banking	5.2% FY2022: 6.3%
Other	7.8% FY2022: 6.5%

Who Are Their Customers?

Accounts and transactions are accessible through financial centers, ATMs, telephone, mobile and online banking.

Do Revenues Turn Into Profits?

Yes. Its net income in FY2025 was larger than its revenue.

Net income, FY2025

141% of revenue

▲ +36% vs FY2024 ($288.7M, 98%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +15%; vs $69.1M in Q2 FY2025
Net income: ▲ +3%; vs $99.2M in Q2 FY2025

Commercial banking share of revenue vs 33.9% in Q2 FY2025

Apr 1, 2026 Completed acquisition of Blue Foundry Bancorp Blue Foundry Bank became a wholly owned subsidiary.

Growing. Revenue grew 15% in 4 years, from $240.2M in FY2021 to $276.8M in FY2025, about 4% a year.

Higher stated business-size ceiling The commercial banking description raises the stated annual revenue ceiling for its small- and medium-sized business customers, while continuing to describe loans, equipment financing, letters of credit, cash management and deposits.

Revenue over time

Commercial banking Wealth management Consumer banking Mortgage banking Other

$500M$250M$0

FY2021 FY2022 FY2023 FY2024 FY2025

Comments