Every material Form 8-K Fulton Financial filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Fulton Financial said its president, Angela Snyder, will retire December 31, 2025, and that Chairman and CEO Curtis Myers will also take on the title of president from January 1, 2026. Snyder will serve as a consultant through December 31, 2026 for a $600,000 lump-sum fee, and will remain a director of Fulton Bank. The changes consolidate top leadership roles under one executive.
Angela Snyder retires as president effective December 31, 2025, and enters a consulting agreement running January 1 to December 31, 2026
Snyder receives a $600,000 lump-sum payment on or about January 1, 2026, plus reasonable expense reimbursement
Curtis Myers, 57, becomes Chairman, Chief Executive Officer and President of Fulton and Fulton Bank effective January 1, 2026
On November 24, 2025, Fulton Financial entered a merger agreement under which Blue Foundry Bancorp will merge into Fulton, with Fulton surviving. Blue Foundry shareholders would receive 0.650 of a Fulton share for each Blue Foundry share, plus cash for fractional shares, and the deal requires Blue Foundry stockholder approval and several bank regulatory approvals. The filing does not state the total deal value or an expected closing date.
Exchange ratio: 0.650 of a Fulton common share for each Blue Foundry common share, plus cash in lieu of fractional shares
Blue Foundry will pay Fulton a termination fee of $9,694,662 if the agreement is terminated under certain circumstances
Closing conditions include Blue Foundry stockholder approval and approvals from the Federal Reserve, the OCC and the New Jersey Department of Banking and Insurance
Blue Foundry Bank would merge into Fulton Bank, N.A. in a separate bank merger
Fulton Financial reported third-quarter 2025 net income available to common shareholders of $97.9 million, or $0.53 per diluted share, up $1.3 million from the second quarter. Operating net income was $101.3 million, or $0.55 per diluted share, up $0.7 million from the second quarter. Quarterly gains were modest, while the company repurchased 1,650,000 shares for $30.8 million during the quarter.
Q3 2025 net income available to common shareholders: $97.9 million, or $0.53 per diluted share, up $1.3 million from Q2 2025
Q3 2025 operating net income: $101.3 million, or $0.55 per diluted share, up $0.7 million from Q2 2025
Nine-month 2025 net income available to common shareholders: $285.0 million, or $1.55 per diluted share, up $72.5 million from the same period in 2024
Repurchased 1,650,000 shares for $30.8 million in Q3 2025; $85.6 million remained under the 2025 Repurchase Program as of September 30, 2025
Fulton Financial President Angela Snyder informed the company on July 28, 2025 of her intention to retire, and the company announced the retirement on August 1, 2025. Her retirement takes effect December 31, 2025, which is a change in the company's senior leadership that shareholders will want to track.
Angela M. Snyder, President, will retire from Fulton Financial Corporation on December 31, 2025.
She informed the company of her intention to retire on July 28, 2025; the press release followed on August 1, 2025.
Chairman and CEO Curt Myers praised her leadership. The filing does not name a successor.
Fulton Bank, the banking subsidiary of Fulton Financial, appointed Kevin Gremer as Senior Executive Vice President and Chief Operations and Technology Officer, effective August 25, 2025, leading a team of information technology and operations professionals. The filing describes a $460,000 base salary, a $125,000 signing bonus and severance and change-in-control terms, but it contains no financial results, so the change is an executive appointment with no stated effect on reported earnings.
Kevin Gremer becomes Senior Executive Vice President and Chief Operations and Technology Officer effective August 25, 2025, reporting to Chairman and CEO Curt Myers
Expected annual base salary of $460,000, with a $125,000 signing bonus and RSUs equivalent to $150,000 vesting over three years
Severance under the employment agreement is 12 months of base salary, and change-in-control terms provide two times salary plus bonus over the prior three years
Fulton Financial reported second-quarter 2025 net income available to common shareholders of $96.6 million, or $0.53 per diluted share, up $6.2 million from the first quarter, and operating net income of $100.6 million, or $0.55 per diluted share, which CEO Curt Myers called a new company record. Deposits declined $190.9 million in the quarter and non-performing assets rose to $215.6 million, so shareholders may weigh strong profit growth against a smaller deposit base and higher non-performing assets.
Q2 2025 net income available to common shareholders was $96.6 million, or $0.53 per diluted share, up $6.2 million from Q1 2025.
Operating net income was $100.6 million, or $0.55 per diluted share, up from $0.52 in Q1 2025 on a per-share basis.
Six-month 2025 net income available to common shareholders was $187.1 million, or $1.02 per diluted share, up $35.3 million from the first half of 2024.
Total deposits fell $190.9 million to $26.1 billion, and non-performing assets rose to $215.6 million, or 0.67% of total assets, from $199.0 million at March 31, 2025.
Fulton Financial Corporation disclosed that director Steven S. Etter did not stand for re-election at its May 20, 2025 annual meeting and retired from the board immediately afterward. Under the company's Corporate Governance Guidelines, Etter was not eligible for re-election because he had reached age 72.
Steven S. Etter retired from the Fulton board effective immediately after the May 20, 2025 annual meeting
Etter had reached age 72 before the meeting, which under Fulton's governance guidelines made him ineligible to stand for re-election
The filing describes a routine board retirement under age-based governance rules and does not name a successor
Fulton Financial reported first-quarter 2025 net income available to common shareholders of $90.4 million, or $0.49 per diluted share, up from $0.36 in the fourth quarter of 2024. Operating earnings were $0.52 per diluted share, and the board approved a $25 million supplemental authorization to repurchase its 2030 subordinated notes under the existing $125 million program.
Net income available to common shareholders was $90.4 million, or $0.49 per diluted share, versus $66.1 million, or $0.36, in Q4 2024.
Operating earnings were $0.52 per diluted share, compared with $0.48 in Q4 2024; net interest income fell $2.5 million to $251.2 million.
Provision for credit losses was $13.9 million; non-performing assets fell to $199.0 million from $222.7 million.
The board approved up to $25 million in repurchases of 3.250% Subordinated Notes due 2030 under the $125 million program, which expires December 31, 2025.
Fulton Financial said its Senior Executive Vice President and Chief Operations and Technology Officer, Karthik Sridharan, is leaving the company effective January 31, 2025, and that the departure will be treated as a termination without Cause under his employment agreement. The filing describes severance of 12 months' base salary, a prorated target bonus, and 12 months of benefits, with some equity awards vesting and others forfeited.
Departure effective January 31, 2025; treated as termination without Cause under the June 12, 2023 employment agreement
Severance conditional on a general release of claims: 12 months of base salary and 12 months of health and welfare benefits or equivalent cost
Prorated target-level bonus for the year of separation, plus any vested but unpaid bonus
Time-Vested Awards vest under the 2022 plan; other unvested awards will be forfeited
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Fulton Financial filing is on SEC EDGAR ↗. 8-K briefs of other companies →