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Fulton Financial Closes Blue Foundry Bancorp Acquisition, Expands

Story Highlights
  • Fulton Financial closed its acquisition of Blue Foundry Bancorp on April 1, 2026, boosting assets to $34 billion.
  • The deal expands Fulton’s New Jersey footprint and includes a $1.5 million foundation gift for local nonprofits.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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The latest update is out from Fulton Financial ( (FULT) ).

On April 1, 2026, Fulton Financial Corporation announced it had completed its acquisition of Rutherford, N.J.-based Blue Foundry Bancorp, advancing its growth plan in New Jersey and bringing its balance sheet to $34 billion in assets. Blue Foundry Bank will initially operate as a separate, wholly owned subsidiary, with operations, systems and accounts slated to be merged into Fulton Bank, N.A. later in the summer, while customers continue to use existing Blue Foundry locations in the interim.

As part of the transaction, Fulton plans a $1.5 million contribution to its Fulton Forward Foundation, earmarked for nonprofit organizations in New Jersey, signaling a concerted effort to deepen community ties in its expanded footprint. The deal broadens Fulton’s presence in attractive New Jersey markets, strengthening its regional competitive position while committing additional capital to local community initiatives alongside the operational integration ahead.

The most recent analyst rating on (FULT) stock is a Buy with a $24.00 price target. To see the full list of analyst forecasts on Fulton Financial stock, see the FULT Stock Forecast page.

Spark’s Take on FULT Stock

According to Spark, TipRanks’ AI Analyst, FULT is a Outperform.

The score is driven mainly by improving profitability/capital strength but tempered by revenue volatility. Valuation is a clear positive (low P/E and strong yield), while technicals are mixed with weaker near-term momentum. Earnings-call tone and guidance are constructive, but execution and macro assumptions remain key risks.

To see Spark’s full report on FULT stock, click here.

More about Fulton Financial

Fulton Financial Corporation is a Lancaster, Pa.-based community banking organization and financial holding company with approximately $34 billion in assets. Through its subsidiary Fulton Bank and, currently, Blue Foundry Bank, it provides a range of financial services across Pennsylvania, Maryland, Delaware, New Jersey and Virginia, focusing on relationship banking and community support initiatives.

The company employs more than 3,500 people and positions itself as a premier regional player in Mid-Atlantic markets. Its Fulton Forward initiative underscores a strategic emphasis on community development, including targeted philanthropic contributions in key geographies such as New Jersey.

Average Trading Volume: 2,074,144

Technical Sentiment Signal: Buy

Current Market Cap: $3.66B

Learn more about FULT stock on TipRanks’ Stock Analysis page.

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