Fulton Financial Completes Blue Foundry Acquisition; Q1 Net Income $92.2M

Fulton Financial Corporation announced the completion of its acquisition of Blue Foundry Bancorp on April 1, 2026, a significant strategic move. For the first quarter of 2026, the company reported a net income available to common shareholders of $92.2 million, or $0.51 per basic share, showing a modest increase year-over-year. Net interest income also grew to $262.0 million, while total assets reached $32.24 billion and total deposits stood at $26.77 billion as of March 31, 2026. The company also authorized a 2026 Repurchase Program for up to $150.0 million of its common and preferred stock and subordinated notes.