Fulton Financial (FULT) Tops Q1 EPS by 2c

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Go back to Fulton Financial (FULT) Tops Q1 EPS by 2c

Fulton Financial Reports First Quarter Earnings of $0.25 Per Share

April 18, 2017 4:30 PM EDT

Diluted earnings per share for the first quarter of 2017 were 25 cents, a 4.2 percent increase from the fourth quarter of 2016 and a 13.6 percent increase from the first quarter of 2016. Pre-provision net revenue of $60.9 million was 9.0% higher than the fourth quarter of 2016 and 19.8% higher than the first quarter of 2016. Net interest income for the first quarter of 2017 increased $5.3 million, or 4.0 percent, compared to the fourth quarter of 2016 and $8.5 million, or 6.6 percent, compared to first quarter of 2016. Net interest margin increased eleven basis points, to 3.26 percent, compared to the fourth quarter of 2016, and... More