Earnings Summary

Fulton Financial Corp’s revenue jumped 47.98% since last year same period to $395.6Mn in the Q1 2024. On a quarterly growth basis, Fulton Financial Corp has generated -0.48% fall in its revenue since last 3-months.

Fulton Financial Corp’s net profit fell -9.33% since last year same period to $61.94Mn in the Q1 2024. On a quarterly growth basis, Fulton Financial Corp has generated -3.61% fall in its net profits since last 3-months.

Fulton Financial Corp’s net profit margin fell -38.73% since last year same period to 15.66% in the Q1 2024. On a quarterly growth basis, Fulton Financial Corp has generated -3.15% fall in its net profit margins since last 3-months.

Fulton Financial Corp’s price-to-earnings ratio after this Q1 2024 earnings stands at 11.92.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Fulton Financial Corp’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Fulton Financial Corp’s return on equity (ROE) stands at 0.1.

Fulton Financial Corp declared 0.32 dividend per share during the earnings announcement for Q1 2024.