FULT Q4 2022 Earnings — Fulton Financial Corporation Revenue & Financial Results | Market Cap Arena

FULTFulton Financial Corporation

$4B

Q4 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$322M+33.3% YoY

Gross Profit

$266M82.5% margin

Operating Income

$97M30.2% margin

Net Income

$82M25.4% margin

EPS (Diluted)

$0.47

QoQ Revenue Growth

+10.0%

Cash Flow

Operating Cash Flow

$79M

Free Cash Flow

$68M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$26.9B

Total Liabilities

$24.4B

Stockholders' Equity

$2.6B

Cash & Equivalents

$668M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$322M	$242M	+33.3%
Gross Profit	$266M	$234M	+13.3%
Operating Income	$97M	$80M	+20.9%
Net Income	$82M	$62M	+32.2%

Revenue Segments

Financial Service, Other

$19M34%

Fiduciary and Trust

$18M32%

Deposit Account

$12M22%

Service, Other

$4M7%

Mortgage Banking

$2M4%