CORRECTED-Fulton Financial Q4 net income falls quarter-on-quarter

Reuters
Jan 22
CORRECTED-Fulton Financial Q4 net income falls quarter-on-quarter

Corrects EPS figure in Key Details table to $0.53 from $0.55

Overview

  • U.S. bank's Q4 2025 net income decreased to $96.4 mln compared to Q3 2025

  • Company repurchased 1.08 mln shares in Q4 2025 under 2025 Repurchase Program

  • Co in December announced 2026 Repurchase Program to buy back up to $150 mln in shares

Outlook

  • Company did not provide specific financial guidance for 2026 in press release

Result Drivers

  • NET INTEREST MARGIN - Stable at 3.59% due to a 13 basis point decrease in total cost of funds compared to prior qtr

  • NON-INTEREST EXPENSES - Increased by $16.4 mln on prior quarter mainly due to higher salaries and benefits

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 EPS

$0.53

Q4 Net Income

$96.41 mln

Q4 Net Interest Income

$266.04 mln

Q4 CET1 Capital Ratio

11.8%

Q4 Credit Loss Provision

$2.9 mln

Q4 Net Interest Margin (%)

3.59%

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the banks peer group is "buy"

  • Wall Street's median 12-month price target for Fulton Financial Corp is $21.00, about 6.8% above its January 20 closing price of $19.67

  • The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nPnYRbVza

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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