Articles from Fulton Financial Corporation

Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQFULT), has released its 2023 Corporate Social Responsibility Report, featuring stories and data about how the bank works to build value for its stakeholders.

Fulton Financial Corporation (NASDAQFULT) (the “Corporation”) today announced the closing of its public offering of 19,166,667 shares of its common stock (the “common stock”), at a price to the public of $15 per share, which included 2,500,000 shares issued upon the exercise in full by the underwriters of their option to purchase additional shares of common stock. The total gross proceeds from the offering were $287.5 million.

Fulton Financial Corporation (NASDAQFULT) (the “Corporation”) today announced the pricing of its public offering of 16,666,667 shares of its common stock (the “common stock”), at a price to the public of $15 per share, for an aggregate offering amount of $250 million. In addition, the Corporation has granted the underwriters a 30-day option to purchase up to an additional 2,500,000 shares of common stock at the public offering price, less underwriting discounts.

Fulton Financial Corporation (NASDAQFULT) (the “Corporation”) today announced that it commenced an underwritten public offering of shares of its common stock. The Corporation expects to grant the underwriters a 30-day option to purchase additional shares of its common stock.

Fulton Financial Corporation (NASDAQFULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $59.4 million, or $0.36 per diluted share, for the first quarter of 2024, a decrease of $2.3 million, or 3.8%, in comparison to the fourth quarter of 2023. Operating net income available to common shareholders for the three months ended March 31, 2024 was $65.4 million, or $0.40 per diluted share(1), a decrease of $3.5 million, or 5.0% in comparison to the fourth quarter of 2023.

First paragraph, first sentence of release should read: Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that it will distribute its first quarter 2024 earnings release and accompanying charts on Tuesday, April 16, at approximately 4:30 p.m. Eastern Time. (Instead of Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that it will distribute its fourth quarter 2023 earnings release and accompanying charts on Tuesday, April 16, at approximately 4:30 p.m. Eastern Time.)

Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of seventeen cents per share on its common stock, payable on April 15, 2024, to shareholders of record as of April 1, 2024.

Fulton Financial Corporation (Nasdaq: FULT) (Corporation) today announced that Betsy Chivinski (Chivinski) has been named interim chief financial officer (CFO), replacing Mark McCollom who resigned from Fulton Financial on February 8, 2024. In a related announcement, Atul Malhotra (Malhotra) has been promoted to chief risk officer (CRO) to succeed Chivinski in that role. Both changes are effective immediately.

Fulton Financial Corporation (NASDAQFULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $61.7 million, or $0.37 per diluted share, for the fourth quarter of 2023, a decrease of $7.8 million, or 11.3%, in comparison to the third quarter of 2023. Operating net income available to common shareholders for the three months ended December 31, 2023 was $68.8 million, or $0.42 per diluted share(1).

Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that it will distribute its fourth quarter 2023 earnings release and accompanying charts on Tuesday, January 16, at approximately 4:30 p.m. Eastern Time.

Fulton Financial Corporation (NASDAQFULT) (“Fulton”) today announced that Angela Snyder has been named President of Fulton and Fulton Bank, N.A. (“Fulton Bank”) and a director of Fulton Bank, effective January 1, 2024.

Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of seventeen cents per share on its common stock, payable on January 12, 2024, to shareholders of record as of January 2, 2024. This is a one cent per share increase from the quarterly cash dividend that the Board declared on September 19, 2023.

Fulton Financial Corporation (NASDAQFULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $69.5 million, or $0.42 per diluted share, for the third quarter of 2023, a decrease of $7.5 million, or 9.7%, in comparison to the second quarter of 2023. Operating net income available to common shareholders for the three months ended September 30, 2023 was $72.2 million, or $0.43 per diluted share(1).

Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that it will distribute its third quarter 2023 earnings release and accompanying charts on Tuesday, October 17, at approximately 4:30 p.m. Eastern Time.

Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of $0.16 per share on its common stock, payable on October 13, 2023, to shareholders of record as of October 2, 2023.

Fulton Financial Corporation (NASDAQFULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $77.0 million, or $0.46 per diluted share, for the second quarter of 2023, an increase of $11.3 million, or 17.2%, in comparison to the first quarter of 2023. Operating net income available to common shareholders was $77.8 million, or $0.47 per diluted share(1).

Fulton Financial Corporation (Nasdaq: FULT) today announced that the company will distribute its second quarter 2023 earnings release and accompanying charts on Tuesday, July 18, at approximately 4:30 p.m. Eastern Time.

Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of $0.16 per share on its common stock, payable on July 14, 2023, to shareholders of record as of July 3, 2023. This is a one cent per share increase from the quarterly cash dividend that the Board declared on March 21, 2023.

Fulton Bank, N.A (“Fulton Bank”), a subsidiary of Fulton Financial Corporation (NASDAQFULT), today released its 2022 Corporate Social Responsibility (CSR) Report showcasing how Fulton Bank continues to meet its purpose of changing lives for the better.

Fulton Financial Corporation (NASDAQFULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $65.8 million, or $0.39 per diluted share, for the first quarter of 2023, a decrease of $13.5 million, or 17.1%, in comparison to the fourth quarter of 2022.

Fulton Financial Corporation (Nasdaq: FULT) today announced that the company will distribute its first quarter 2023 earnings release and accompanying charts on Tuesday, April 18 at approximately 4:30 p.m. Eastern Time.

Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQFULT), announced that it has hired Steven H. Santini as the Fulton Private Bank Regional Wealth Director for eastern Pennsylvania and New Jersey, with a primary focus on greater Philadelphia.

Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of fifteen cents per share on its common stock, payable on April 14, 2023, to shareholders of record as of April 3, 2023.

Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQFULT), has invested $1 million in Innovate Capital Growth Fund, L.P., which provides capital and operational expertise to enable minority- and women-owned businesses to grow.

Operation HOPE recently recognized Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQFULT), for providing nearly $1 billion in loans to low- and moderate-income homebuyers over the past seven years.

Fulton Financial Corporation (NASDAQFULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $79.3 million, or $0.47 per diluted share, for the fourth quarter of 2022, an increase of $11.0 million, or 16.0%, in comparison to the third quarter of 2022. The Corporation reported net income available to common shareholders of $276.7 million, or $1.67 per diluted share, for the year ended December 31, 2022, an increase of $11.5 million or 4.3%, in comparison to the year ended December 31, 2021. The results for the third and fourth quarters of 2022 include the impact of the consummation of the acquisition by the Corporation of Prudential Bancorp, Inc. ("Prudential Bancorp") on July 1, 2022.

Fulton Financial Corporation (Nasdaq: FULT) today announced that the company will distribute its fourth quarter 2022 earnings release and accompanying charts on Tuesday, January 17 at approximately 4:30 p.m. Eastern Time.

Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQFULT), announced the promotion of Dara C. Bachman to the President of Fulton Private Bank. In this position, she will be responsible for leading a team of professionals charged with developing customized wealth management and banking solutions for high-net-worth clients.

Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of fifteen cents per share on its common stock, payable on January 13, 2023, to shareholders of record as of January 3, 2023.

Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that its Board of Directors (the “Board”) declared a special cash dividend of six cents per share on its common stock, payable on December 15, 2022, to shareholders of record as of December 1, 2022.

Fulton Financial Corporation (NASDAQFULT) ("Fulton") announced the merger of Prudential Bank with and into Fulton Bank, N.A. ("Fulton Bank"), effective November 5, 2022, and the subsequent conversion of Prudential Bank's systems onto Fulton Bank's banking platforms. This conversion brings new products and services to former Prudential Bank customers.

Fulton Financial Corporation (NASDAQFULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $68.3 million, or $0.40 per diluted share, for the third quarter of 2022, an increase of $0.9 million, or 1.3%, in comparison to the second quarter of 2022. The Corporation reported net income available to common shareholders of $197.5 million, or $1.20 per diluted share, for the nine months ended September 30, 2022, a decrease of $8.4 million or 4.1%, in comparison to the nine months ended September 30, 2021. The results for the third quarter of 2022 include the impact of the consummation of the acquisition by the Corporation of Prudential Bancorp, Inc. ("Prudential Bancorp") on July 1, 2022.

Fulton Financial Corporation (Nasdaq: FULT) today announced that the company will distribute its third quarter 2022 earnings release and accompanying charts on Tuesday, October 18 at approximately 4:30 p.m. Eastern Time.

The Board of Directors of Fulton Financial Corporation (Nasdaq: FULT) has declared a quarterly cash dividend of fifteen cents per share on its common stock, payable on October 17, 2022, to shareholders of record as of October 3, 2022.

Fulton Financial Corporation (NASDAQFULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $67.4 million, or $0.42 per diluted share, for the second quarter of 2022, an increase of $5.7 million, or 9.2%, in comparison to the first quarter of 2022. The Corporation reported net income available to common shareholders of $129.2 million, or $0.80 per diluted share, for the six months ended June 30, 2022, a decrease of $3.7 million or 2.8%, in comparison to the six months ended June 30, 2021.

Fulton Financial Corporation (Nasdaq: FULT) today announced that the company will distribute its second quarter 2022 earnings news release and accompanying charts on Tuesday, July 19 at approximately 4:30 p.m. Eastern Time.

Fulton Financial Corporation (NASDAQFULT) (“Fulton”) today announced the successful completion of its acquisition of Prudential Bancorp, Inc. (formerly NASDAQ: PBIP) (“Prudential Bancorp”) headquartered in Philadelphia, Pennsylvania, in a transaction in which Prudential Bancorp was merged into Fulton (the “Merger”).

Fulton Bank, N.A. (“Fulton Bank”) a subsidiary of Fulton Financial Corporation (NASDAQFULT), today announced changes coming to its overdraft program and fee schedule in support of its customers. In the fourth quarter of 2022, Fulton Bank will eliminate non-sufficient funds and extended overdraft fees for its consumer customers.

The Board of Directors of Fulton Financial Corporation (Nasdaq: FULT) has declared a quarterly cash dividend of fifteen cents per share on its common stock, payable on July 15, 2022, to shareholders of record as of July 1, 2022.

Fulton Bank welcomes Joel Barnett as its new Senior Vice President, Director of Commercial Affinity Banking—a new position centered on building relationships with businesses owned by people of color, women and veterans.

Fulton Financial Corporation (NASDAQFULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $61.7 million, or $0.38 per diluted share, for the first quarter of 2022, an increase of $2.4 million, or 4.0%, in comparison to the fourth quarter of 2021.

Fulton Financial Corporation (Nasdaq: FULT) today announced that the company will distribute its first quarter 2022 earnings news release and accompanying charts on Tuesday, April 19 at approximately 4:30 p.m. Eastern Time.

Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that its Board of Directors has approved the repurchase of up to $75 million of shares of Fulton’s common stock, or approximately 2.7 percent of Fulton’s outstanding shares, based on the closing price of Fulton’s common stock and the number of shares outstanding on March 17, 2022 (the “2022 Program”). Shares may be repurchased under the 2022 Program commencing on April 1, 2022, following the March 31, 2022 expiration of the repurchase program announced on February 9, 2021. The 2022 Program will expire on December 31, 2022.

Fulton Financial Corporation (the “Corporation”) today announced that E. Philip Wenger, chairman and chief executive officer of the Corporation (NASDAQFULT), has informed the board that he will retire on December 31, 2022 after 43 years of service to the company. After he retires, Wenger will continue to serve as a director of the Corporation and its banking subsidiary, Fulton Bank, N.A. (the “Bank”). The Corporation's board of directors has named Curtis J. Myers, currently the Corporation’s president and chief operating officer, to succeed Wenger as chairman, president and chief executive officer, effective January 1, 2023. As he assumes his new role, Myers will continue to serve as the Bank’s chairman, president and chief executive officer and will continue to serve as a director of the Corporation and the Bank.

The Board of Directors of Fulton Financial Corporation (Nasdaq: FULT) has declared a quarterly cash dividend of fifteen cents per share on its common stock, payable on April 18, 2022, to shareholders of record as of April 1, 2022. This is a one cent per share increase from the quarterly cash dividend that was declared on December 21, 2021.

Fulton Financial Corporation (NASDAQFULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $59.3 million, or $0.37 per diluted share, for the fourth quarter of 2021 and $265.2 million, or $1.62 per diluted share, for the year ended December 31, 2021.

Fulton Financial Corporation (Nasdaq: FULT) today announced that the company will distribute its fourth quarter 2021 earnings news release and accompanying charts on Tuesday, January 18 at approximately 4:30 p.m. Eastern Time.

The Board of Directors of Fulton Financial Corporation (Nasdaq: FULT) has declared a quarterly cash dividend of fourteen cents per share on its common stock, payable on January 14, 2022, to shareholders of record as of December 31, 2021.

Fulton Financial Corporation (“Fulton”) (Nasdaq:FULT) today announced that its Board of Directors (the “Board”) has declared a special cash dividend of eight cents per share on its common stock, payable on December 15, 2021, to shareholders of record as of December 1, 2021. Fulton declared quarterly cash dividends on its common stock of fourteen cents per share in each of the first, second and third quarters of 2021 and reported record earnings per share for both the first and third quarters of 2021. The Board is expected to consider the next quarterly cash dividend at its December 2021 meeting.

Daniel R. Stolzer, senior executive vice president, chief legal officer and corporate secretary of Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT), has announced that he will retire from Fulton on January 7, 2022 after more than eight years of service to the company.

Fulton Financial Corporation (NASDAQFULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $73 million, or $0.45 per diluted share, for the third quarter of 2021.

Fulton Financial Corporation (Nasdaq: FULT) today announced that the company will distribute its third quarter 2021 earnings news release and accompanying charts on Tuesday, October 19 at approximately 4:30 p.m. Eastern Time.

Fulton Financial Corporation (NASDAQFULT) announced today that industry veteran Anthony L. Cossetti has joined the company as Executive Vice President, Chief Accounting Officer and Controller.

The Board of Directors of Fulton Financial Corporation (Nasdaq: FULT) has declared a quarterly cash dividend of fourteen cents per share on its common stock, payable on October 15, 2021, to shareholders of record as of October 1, 2021.

Fulton Financial Corporation (NASDAQFULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $62 million, or $0.38 per diluted share, for the second quarter of 2021.

Fulton Financial Corporation (Nasdaq:FULT) today announced that the company will distribute its second quarter 2021 earnings news release and accompanying charts on Tuesday, July 20 at approximately 4:30 p.m. Eastern Time.

The Board of Directors of Fulton Financial Corporation (Nasdaq: FULT) has declared a quarterly cash dividend of fourteen cents per share on its common stock, payable on July 15, 2021, to shareholders of record as of July 1, 2021.

George K. Martin, of Virginia, managing partner of the Richmond, Virginia office of McGuire Woods LLP, has been elected to the board of directors of Fulton Financial Corporation (NASDAQFULT), effective May 25, 2021. Martin fills the board seat vacated by retiring director Patrick Freer.

Please replace the release with the following corrected version due to multiple revisions.

Fulton Financial Corporation (NASDAQFULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $70 million, or $0.43 per diluted share, for the first quarter of 2021.

Fulton Financial Corporation (Nasdaq: FULT) today announced that it will distribute its first quarter 2021 earnings news release and accompanying charts on Tuesday, April 20 at approximately 4:30 p.m. Eastern Time.