Fulton Financial reports Q1 operating EPS 55c, consensus 49c

Net interest margin remained solid at 3.58%, representing a one basis point decline from the prior quarter. “Our first quarter results reflect steady, solid profitability driven by disciplined execution of our strategy,” said Fulton Chairman, CEO, and President, Curtis Myers. “The Blue Foundry Bancorp acquisition expands our presence in northern New Jersey and meaningfully advances our business objectives. We are pleased to welcome Blue Foundry Bank’s team members and customers to Fulton. Our focus now turns to a seamless integration, a smooth customer transition, and the continued delivery of positive operating leverage and successful strategic outcomes.”