
• Reported GAAP EPS of $0.51 up 2.00% YoY • Reported revenue of $331.86M up 4.22% YoY
Bullish
Fulton Financial Corporation achieved increased operating net income, reduced non-interest expenses, and improved its common equity tier 1 capital ratio. Fulton Financial Corporation also expanded its presence through an acquisition and grew total net loans and deposits.
Bearish
Fulton Financial Corporation's net income decreased, net interest income declined due to lower loan and investment income, and acquisition-related expenses and annualized net charge-offs increased.