Oct 21, 4:31 PM ET
Fulton Financial reported third-quarter 2026 net income available to common shareholders of $114.1 million, or $0.59 per diluted share, up $14.2 million from the second quarter. Operating net income was $119.8 million, or $0.62 per diluted share, up $0.02 from the prior quarter, with higher net interest income and lower non-interest expense driving the gain. Shareholders also benefit from the company's ongoing buybacks, having repurchased $56.1 million of common stock in the quarter.
- Net income available to common shareholders was $114.1 million, or $0.59 per diluted share, versus $99.9 million in the second quarter of 2026.
- Net interest income rose $5.8 million to $290.0 million; non-interest expense fell $12.4 million to $218.5 million.
- Non-interest income fell $2.1 million to $77.2 million, mainly due to a $6.9 million equity method gain recognized in the prior quarter.
- The company repurchased 2,325,000 shares for $56.1 million in the third quarter under its 2026 Repurchase Program; common equity Tier 1 ratio was 12.2%.
Read the filing on SEC.gov ↗
Jul 22, 4:30 PM ET
Fulton Financial reported second-quarter 2026 net income available to common shareholders of $99.9 million, or $0.52 per diluted share, up $7.7 million from the first quarter. Operating earnings were $0.60 per diluted share, up from $0.55 in the prior quarter, as the company integrated Blue Foundry Bancorp, which it acquired on April 1, 2026. Higher acquisition-related and salary expenses partly offset revenue gains.
- Net income available to common shareholders was $99.9 million, or $0.52 per diluted share, versus $92.2 million, or $0.51, in the first quarter of 2026.
- Net interest income rose $22.2 million to $284.3 million, and non-interest expense rose $30.7 million to $231.0 million, including $13.8 million of acquisition-related expenses.
- Provision for credit losses was $4.9 million, down from $14.4 million in the first quarter; annualized net charge-offs were 0.34% of average loans, up from 0.25%.
- The company repurchased 525,000 shares for $11.1 million in the second quarter under its 2026 repurchase program, which authorizes up to $150 million through January 31, 2027.
Read the filing on SEC.gov ↗
Jul 21, 4:34 PM ET
Fulton Financial's board elected David S. Schulz as a director, effective with a term starting September 14, 2026, and he will also join the board of Fulton Bank, N.A. He will serve on the Audit and Risk committees, and the board will grow to 11 members. The filing describes this as a board appointment with no reported financial results or deal terms.
- Term begins September 14, 2026 and runs to the 2027 annual meeting of shareholders
- Schulz was CFO of Wesco International from 2016 to 2020 and Executive Vice President and CFO from June 2020 to February 2026, retiring May 31, 2026
- Schulz will receive director pay, including a pro rata RSU grant with a fair value of about $64,400 that vests June 1, 2027
- Annual non-employee director cash retainer and equity award were raised to $80,000 and $90,000 effective January 1, 2026
Read the filing on SEC.gov ↗
May 28, 12:18 PM ET
At its May 28, 2026 Annual Meeting, Fulton Financial shareholders elected all 10 director nominees to one-year terms and approved the advisory vote on executive compensation and the ratification of KPMG LLP as auditor for 2026. Director George K. Martin did not stand for re-election and retired from the board effective immediately after the meeting, under the company's age-based governance guidelines.
- All 10 director nominees were elected; Jennifer Craighead Carey received 138,371,551 votes for and 1,308,732 withheld, and Michael F. Shirk received 139,108,770 votes for and 571,513 withheld
- Advisory vote on executive compensation was approved with 136,017,805 for and 2,704,141 against
- KPMG LLP was ratified as independent auditor for the fiscal year ending December 31, 2026, with 150,683,271 votes for and 2,191,088 against
- George K. Martin retired from the board after reaching age 72, which made him ineligible for re-election under the Corporate Governance Guidelines
Read the filing on SEC.gov ↗
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