FULT Q2 2020 Earnings — Fulton Financial Corporation Revenue & Financial Results | Market Cap Arena

FULTFulton Financial Corporation

$4B

Q2 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$237M-10.5% YoY

Gross Profit

$189M79.9% margin

Operating Income

$46M19.5% margin

Net Income

$40M16.7% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

-6.9%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$5M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$24.6B

Total Liabilities

$22.3B

Stockholders' Equity

$2.3B

Cash & Equivalents

$585M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$237M	$264M	-10.5%
Gross Profit	$189M	$214M	-11.6%
Operating Income	$46M	$70M	-33.8%
Net Income	$40M	$60M	-33.8%

Revenue Segments

Financial Service, Other

$17M32%

Fiduciary and Trust

$13M25%

Mortgage Banking

$10M19%

Deposit Account

$9M17%

Service, Other

$4M7%