FULT Q3 2024 Earnings — Fulton Financial Corporation Revenue & Financial Results | Market Cap Arena

FULTFulton Financial Corporation

$4B

Q3 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$494M+27.9% YoY

Gross Profit

$313M63.3% margin

Operating Income

$80M16.1% margin

Net Income

$63M12.8% margin

EPS (Diluted)

$0.33

QoQ Revenue Growth

+16.2%

Cash Flow

Operating Cash Flow

-$32M

Free Cash Flow

-$30M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$32.2B

Total Liabilities

$29.0B

Stockholders' Equity

$3.2B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$494M	$386M	+27.9%
Gross Profit	$313M	$260M	+20.3%
Operating Income	$80M	$89M	-10.3%
Net Income	$63M	$72M	-12.3%

Revenue Segments

Financial Service, Other

$22M33%

Fiduciary and Trust

$22M32%

Deposit Account

$15M22%

Service, Other

$5M8%

Mortgage Banking

$3M5%