Fulton Financial reports Q3 operating EPS 55c, consensus 50c

Solid net interest margin of 3.57%, with a four basis point decrease in total cost of funds compared to the prior quarter. “We’re proud to announce record operating net income surpassing $101 million, or $0.55 per diluted share, during the third quarter,” said Curtis Myers, Chairman and CEO of Fulton. “Our continued success is a result of our focus on serving as trusted advisors to our customers and deepening our customer relationships.”