Fulton Financial Corp (FULT)
NASDAQ:FULT
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Earnings Data
Report Date
Jul 21, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.42Last Year’s EPS
0.53Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated a predominantly positive operational and strategic picture: stable and repeatable operating earnings, improving efficiency, diversified fee growth, solid capital generation, and a strategically accretive acquisition. Headwinds were acknowledged — modest NII/margin pressure, portfolio runoff in construction and indirect auto, seasonal fee fluctuations, and near-term acquisition costs — but management expressed confidence in continued disciplined execution, affirmed full-year guidance, and highlighted positions (asset repricing, deposit discipline, and cost saves from BlueFoundry) that should support margin and growth going forward.Company Guidance
Solid Operating Earnings
Operating net income available to common shareholders of $99.7M, or $0.55 per diluted share (consistent with prior quarter); GAAP EPS $0.51 after acquisition-related items.
Strong Profitability Metrics
Operating return on average assets of 1.3% and operating return on tangible common equity of 14.76%.
Improved Efficiency and Revenue Power
Efficiency ratio improved to 56.7%; pre-provision net revenue increased $9.2M linked quarter to $141M, demonstrating positive operating leverage.
Diversified Fee Income Growth
Noninterest income remained >20% of total revenue; fee income grew >9% year-over-year across businesses, led by Wealth Management which grew 12%.
Balance Sheet and Liquidity Strength
Loan balances increased $121M during the quarter; ending deposit balances rose $179M; securities increased $28M and investments remained ~15% of total assets; AOCI increased $23M.
Disciplined Expense Management
Total noninterest expense declined $12.7M versus prior quarter to $200.3M; operating noninterest expense $190.7M and management expects sustainable efficiency while investing selectively.
Stable Credit Metrics
Provision for credit losses $14.4M; allowance for credit losses $367.5M (1.51% of loans); nonperforming assets improved to 55 bps of total assets (from 58 bps); net charge-offs 25 bps annualized.
Capital and Shareholder Returns
CET1 ratio ~11.9%; tangible common equity ~8.6%; repurchased ~$24.5M of common stock in the quarter with $125M remaining authorization; management prioritizes organic growth first and opportunistic buybacks.
Strategic Acquisition Closed
Closed acquisition of BlueFoundry Bancorp on April 1; transaction expected to be immediately earnings and tangible book accretive with expected revenue synergies from relationship expansion and $27M of projected costs across Q2-Q4 (50% cost save run rate by year-end).
Affirmed 2026 Guidance
Full-year 2026 operating guidance affirmed (with interest rate timing update to a 25 bps cut in July rather than March); continuing to expect annualized mid-single-digit loan growth and controlled expense growth.
FULT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FULT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 27, 2026 | $21.92 | $21.73 | -0.87% |
Jan 21, 2026 | $20.32 | $20.84 | +2.58% |
Oct 21, 2025 | $17.54 | $17.30 | -1.40% |
Jul 15, 2025 | $18.48 | $18.46 | -0.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Fulton Financial Corp (FULT) report earnings?
Fulton Financial Corp (FULT) is schdueled to report earning on Jul 21, 2026, After Close (Confirmed).
What is Fulton Financial Corp (FULT) earnings time?
Fulton Financial Corp (FULT) earnings time is at Jul 21, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FULT EPS forecast?
FULT EPS forecast for the fiscal quarter 2026 (Q2) is 0.42.