FULT Q1 2022 Earnings — Fulton Financial Corporation Revenue & Financial Results | Market Cap Arena

FULTFulton Financial Corporation

$4B

Q1 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$228M-7.3% YoY

Gross Profit

$224M97.9% margin

Operating Income

$78M34.0% margin

Net Income

$64M28.2% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

-5.5%

Cash Flow

Operating Cash Flow

-$108M

Free Cash Flow

-$113M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$25.6B

Total Liabilities

$23.0B

Stockholders' Equity

$2.6B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$228M	$246M	-7.3%
Gross Profit	$224M	$231M	-3.4%
Operating Income	$78M	$87M	-10.8%
Net Income	$64M	$73M	-12.0%

Revenue Segments

Fiduciary and Trust

$19M35%

Financial Service, Other

$16M29%

Deposit Account

$12M21%

Mortgage Banking

$5M8%

Service, Other

$4M6%