Fulton Financial (FULT) Misses Q4 EPS by 2c

Fulton Financial (NASDAQ: FULT) reported Q4 EPS of $0.33, $0.02 worse than the analyst estimate of $0.35.

2019 Key Accomplishments

• Termination of the remaining BSA/AML regulatory orders
• Successful consolidation of affiliate banks into Fulton Bank, N.A.
• Record year of revenues and net income
• Average loan growth of 4% and average deposit growth of 6%
• Net income grew 12% and pre-provision net revenue(1) increased 4%

"Overall, 2019 was another good year for Fulton as we continued to execute on our growth strategies and completed the consolidation of our remaining affiliate banks into Fulton Bank,” said E. Philip Wenger, Chairman and CEO. “I’m extremely proud of our team’s hard work this year, and continued focus on driving shareholder value. We look forward to 2020 and believe we are well-positioned to continue to advance our strategic priorities.”

For earnings history and earnings-related data on Fulton Financial (FULT) click here.

You May Also Be Interested In

• LeonaBio (LONA) Price Target Cut to $17 by Citizens Amid Pipeline Development
• reAlpha Tech Corp. (AIRE) Misses Q2 EPS by 7c
• Genco rejects Diana Shipping takeover bid as undervalued