FULT Q3 2022 Earnings — Fulton Financial Corporation Revenue & Financial Results | Market Cap Arena

FULTFulton Financial Corporation

$4B

Q3 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$293M+18.7% YoY

Gross Profit

$256M87.3% margin

Operating Income

$86M29.4% margin

Net Income

$71M24.2% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

+17.8%

Cash Flow

Operating Cash Flow

$532M

Free Cash Flow

$528M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$26.1B

Total Liabilities

$23.7B

Stockholders' Equity

$2.5B

Cash & Equivalents

$512M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$293M	$247M	+18.7%
Gross Profit	$256M	$234M	+9.1%
Operating Income	$86M	$90M	-4.0%
Net Income	$71M	$76M	-6.2%

Revenue Segments

Financial Service, Other

$21M35%

Fiduciary and Trust

$18M30%

Deposit Account

$13M22%

Service, Other

$4M6%

Mortgage Banking

$4M6%