Fulton Financial (FULT) Reports In-Line Q2 EPS

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Fulton Financial Reports Second Quarter Earnings of $0.26 Per Share

July 18, 2017 4:30 PM EDT

Diluted earnings per share for the second quarter of 2017 were 26 cents, a 4.0 percent increase from the first quarter of 2017 and a 13.0 percent increase from the second quarter of 2016. Net income was $45.5 million, an increase of 4.8 percent and 14.4 percent, compared to first quarter of 2017 and second quarter of 2016, respectively. Pre-provision net revenue of $63.0 million was 1.8% higher than the first quarter of 2017 and 18.0% higher than the second quarter of 2016. Net interest income for the second quarter of 2017 increased $4.0 million, or 2.9 percent, compared to the first quarter of 2017 and $12.6 million, or 9.8 percent,... More