Fulton Financial (FULT) Expected to Announce Earnings on Tuesday

Fulton Financial (NASDAQ:FULT) is projected to announce its Q2 2025 earnings results after the market closes on Tuesday, July 15th. Analysts expect the company to announce earnings of $0.44 per share and revenue of $320.47 million for the quarter.

Fulton Financial (NASDAQ:FULT) last posted its quarterly earnings data on Tuesday, April 15th. The bank reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.08. Fulton Financial had a return on equity of 12.19% and a net margin of 16.59%. The company had revenue of $322.64 million during the quarter, compared to analysts’ expectations of $315.07 million. During the same period in the prior year, the business earned $0.40 earnings per share. On average, analysts expect Fulton Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Fulton Financial Stock Down 1.5%

FULT opened at $19.11 on Monday. The business has a 50 day moving average of $17.81 and a 200-day moving average of $18.32. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $3.47 billion, a price-to-earnings ratio of 11.24 and a beta of 0.77. Fulton Financial has a 1-year low of $14.33 and a 1-year high of $22.49.

Fulton Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be paid a $0.18 dividend. The ex-dividend date is Tuesday, July 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.77%. Fulton Financial’s payout ratio is 42.35%.

Wall Street Analyst Weigh In

FULT has been the subject of several recent analyst reports. DA Davidson reiterated a “neutral” rating and set a $20.00 price objective on shares of Fulton Financial in a research note on Wednesday, April 16th. Keefe, Bruyette & Woods restated a “market perform” rating on shares of Fulton Financial in a report on Wednesday. Jefferies Financial Group reiterated a “hold” rating on shares of Fulton Financial in a report on Wednesday. Finally, Piper Sandler reiterated a “neutral” rating on shares of Fulton Financial in a report on Wednesday. Six analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $20.88.

Hedge Funds Weigh In On Fulton Financial

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FULT. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Fulton Financial by 5.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 448,832 shares of the bank’s stock valued at $8,119,000 after purchasing an additional 21,596 shares in the last quarter. Jane Street Group LLC increased its position in shares of Fulton Financial by 914.9% during the 1st quarter. Jane Street Group LLC now owns 308,243 shares of the bank’s stock worth $5,576,000 after purchasing an additional 277,871 shares during the last quarter. Royal Bank of Canada increased its position in shares of Fulton Financial by 4.9% during the 1st quarter. Royal Bank of Canada now owns 220,706 shares of the bank’s stock worth $3,992,000 after purchasing an additional 10,242 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Fulton Financial by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 108,096 shares of the bank’s stock worth $1,955,000 after purchasing an additional 4,727 shares during the last quarter. Finally, Strs Ohio acquired a new position in shares of Fulton Financial during the 1st quarter worth approximately $152,000. Institutional investors own 72.02% of the company’s stock.

About Fulton Financial

Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services in Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts.