FULT FY 2025 Earnings Report — Fulton Financial Corporation Revenue & Financial Results | Market Cap Arena

Fulton Financial CorporationFULT

FY 2025 Earnings

Reported February 27, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$1.9B	—	$1.8B	—	5.0%
Op. Income	$486M	—	$345M	—	40.9%
Gross Margin	67.4%	—	62.8%	—	4.6pp
Net Margin	20.7%	—	16.0%	—	4.7pp
EPS (Diluted)	$2.08	—	$1.57	—	32.5%
Free Cash Flow	$284M	—	$374M	—	-24.0%

Revenue Flow

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$616M
GROSS PROFIT	$1.3B
R&D Expenses	$0
Selling & Marketing	$10M
General & Administrative	$521M
SG&A Expenses	$531M
Other Expenses	$259M
Operating Expenses	$789M
Cost & Expenses	$1.4B
OPERATING INCOME	$486M
Interest Income	$1.6B
Interest Expense	$581M
Other Income/Expenses	$0
INCOME BEFORE TAX	$486M
Income Tax Expense	$94M
Net Income from Continuing Ops	$392M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$392M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$381M
D&A	$44M
EBIT	$486M
EBITDA	$529M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$616M
GROSS PROFIT	$1.3B
R&D Expenses	$0
Selling & Marketing	$10M
General & Administrative	$521M
SG&A Expenses	$531M
Other Expenses	$259M
Operating Expenses	$789M
Cost & Expenses	$1.4B
OPERATING INCOME	$486M
Interest Income	$1.6B
Interest Expense	$581M
Other Income/Expenses	$0
INCOME BEFORE TAX	$486M
Income Tax Expense	$94M
Net Income from Continuing Ops	$392M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$392M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$381M
D&A	$44M
EBIT	$486M
EBITDA	$529M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$392M
Depreciation & Amortization	$30M
Stock-Based Compensation	$13M
Deferred Income Tax	$0
Other Non-Cash Items	$505.0K
Change in Working Capital	-$131M
OPERATING CASH FLOW	$304M
Capital Expenditure	-$20M
Acquisitions (Net)	$0
Purchases of Investments	-$786M
Sales/Maturities of Investments	$839M
Other Investing Activities	-$115M
NET CASH FROM INVESTING	-$82M
Net Debt Issuance	-$485M
Common Stock Repurchased	-$66M
Common Dividends Paid	-$141M
Other Financing Activities	$460M
NET CASH FROM FINANCING	-$225M
FREE CASH FLOW	$284M
Net Change in Cash	-$2M

Balance Sheet

Item	Amount
Cash & Equivalents	$271M
Short-Term Investments	$911M
Net Receivables	$114M
Inventory	$0
Other Current Assets	$16M
TOTAL CURRENT ASSETS	$1.3B
PP&E (Net)	$175M
Goodwill	$553M
Intangible Assets	$60M
Long-Term Investments	$4.8B
Tax Assets	$0
Other Non-Current Assets	$23.8B
TOTAL NON-CURRENT ASSETS	$29.4B
TOTAL ASSETS	$32.1B
Account Payables	$17M
Short-Term Debt	$679M
Deferred Revenue	$0
Other Current Liabilities	$26.6B
TOTAL CURRENT LIABILITIES	$27.3B
Long-Term Debt	$619M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$136M
Other Non-Current Liabilities	$27.2B
TOTAL NON-CURRENT LIABILITIES	$28.1B
TOTAL LIABILITIES	$28.6B
Common Stock	$618M
Additional Paid-In Capital	$1.8B
Retained Earnings	$2.0B
Treasury Stock	-$949M
Accum. Other Comp. Income	-$199M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.5B
Minority Interest	$0
TOTAL EQUITY	$3.5B
TOTAL LIABILITIES & EQUITY	$32.1B
Total Debt	$1.3B
Net Debt	$1.0B