FULT Q2 2022 Earnings — Fulton Financial Corporation Revenue & Financial Results | Market Cap Arena

FULTFulton Financial Corporation

$4B

Q2 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$249M+8.8% YoY

Gross Profit

$236M94.8% margin

Operating Income

$86M34.6% margin

Net Income

$70M28.1% margin

EPS (Diluted)

$0.42

QoQ Revenue Growth

+9.0%

Cash Flow

Operating Cash Flow

$92M

Free Cash Flow

$91M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$25.3B

Total Liabilities

$22.8B

Stockholders' Equity

$2.5B

Cash & Equivalents

$366M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$249M	$229M	+8.8%
Gross Profit	$236M	$218M	+8.2%
Operating Income	$86M	$77M	+11.7%
Net Income	$70M	$65M	+7.7%

Revenue Segments

Financial Service, Other

$20M35%

Fiduciary and Trust

$18M31%

Deposit Account

$12M21%

Mortgage Banking

$4M6%

Service, Other

$4M6%