FULT Q1 2020 Earnings — Fulton Financial Corporation Revenue & Financial Results | Market Cap Arena

FULTFulton Financial Corporation

$4B

Q1 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$254M+1.0% YoY

Gross Profit

$171M67.5% margin

Operating Income

$29M11.3% margin

Net Income

$26M10.3% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

-1.3%

Cash Flow

Operating Cash Flow

-$47M

Free Cash Flow

-$51M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$22.9B

Total Liabilities

$20.6B

Stockholders' Equity

$2.3B

Cash & Equivalents

$403M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$254M	$251M	+1.0%
Gross Profit	$171M	$205M	-16.4%
Operating Income	$29M	$67M	-57.1%
Net Income	$26M	$57M	-54.0%

Revenue Segments

Financial Service, Other

$18M34%

Fiduciary and Trust

$15M28%

Deposit Account

$11M21%

Mortgage Banking

$6M11%

Service, Other

$4M7%