Fulton Financial (FULT) Tops Q2 EPS by 1c

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Go back to Fulton Financial (FULT) Tops Q2 EPS by 1c

Fulton Financial Reports Second Quarter Earnings of $40 Million, or $0.23 per Share

July 19, 2016 4:30 PM EDT

LANCASTER, PA -- (Marketwired) -- 07/19/16 -- Fulton Financial Corporation (NASDAQ: FULT)

Diluted earnings per share for the second quarter of 2016 were 23 cents, a 4.5 percent increase from first quarter of 2016 and a 9.5 percent increase from the second quarter of 2015. Pre-provision net revenue of $53.3 million was 4.9 percent higher than the first quarter of 2016 and 9.7 percent higher than the second quarter of 2015. Net interest income for the second quarter of 2016 was flat compared to the first quarter of 2016 and increased $6.0 million, or 4.9 percent, compared to the second quarter of 2015. Net interest margin... More