Fulton Financial (FULT) Reports In-Line Q2 EPS

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Go back to Fulton Financial (FULT) Reports In-Line Q2 EPS

Fulton Financial Reports Second Quarter Earnings of $0.21 per Share

July 21, 2015 4:30 PM EDT

LANCASTER, PA -- (Marketwired) -- 07/21/15 -- Fulton Financial Corporation (NASDAQ: FULT)

Diluted earnings per share was 21 cents, a 4.5 percent decrease from the first quarter of 2015 and unchanged from the second quarter of 2014. Net interest income decreased $661,000, or 0.5 percent, compared to the first quarter of 2015 and decreased $5.0 million, or 3.9%, compared to the second quarter of 2014. The net interest margin decreased 7 basis points compared to the first quarter of 2015, to 3.20 percent. The net interest margin for the second quarter of 2014 was 3.41 percent. Average loans increased $97.1 million, or 0.7 percent, compared to the first... More