FULTON FINANCIAL CORP

Fulton Financial Corporation announced strong second-quarter 2026 results, with net income available to common shareholders reaching $99.9 million, or $0.52 per diluted share. Operating net income was $115.9 million, or $0.60 per diluted share, reflecting a significant increase from the prior quarter. The company successfully completed the acquisition of Blue Foundry Bancorp, integrating Blue Foundry Bank into Fulton Bank in July, which contributed to the financial performance and expanded footprint.

Fulton Financial Corporation held its 2026 Annual Meeting of Shareholders on May 28, 2026. Director George K. Martin retired from the Board due to reaching the age limit specified in the company's Corporate Governance Guidelines. Shareholders elected 10 director nominees for a one-year term, approved the advisory proposal on executive compensation, and ratified KPMG LLP as the independent auditor for the fiscal year ending December 31, 2026.

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.

Fulton Financial Corporation completed its $300 million public offering of 5.950% Fixed-to-Floating Rate Subordinated Notes due 2036. The company intends to use the net proceeds to repay $195 million of its outstanding 3.250% Fixed-to-Floating Rate Subordinated Notes due 2030 and for general corporate purposes. The new notes are subordinated, unsecured obligations with a fixed interest rate until May 2031, then a floating rate.

Fulton Financial Corporation filed an 8-K to furnish an Investor Presentation dated April 27, 2026. This presentation contains preliminary unaudited financial information and expectations for the first quarter of 2026, which management will use during investor and analyst visits. The full unaudited financial statements for Q1 2026 are not yet available and are subject to revision.

Fulton Financial Corporation reported its first-quarter 2026 financial results. Net income available to common shareholders was $92.2 million, or $0.51 diluted earnings per share. This represents a decrease compared to the fourth quarter of 2025, which saw $96.4 million in net income and $0.53 diluted EPS. However, the company improved its efficiency ratio to 56.7% from 60.0% and increased operating PPNR to $141.0 million from $131.8 million quarter-over-quarter.