Company Quick10K Filing
Fulton Financial
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 170 $2,666
10-K 2020-02-21 Annual: 2019-12-31
10-Q 2019-11-08 Quarter: 2019-09-30
10-Q 2019-08-07 Quarter: 2019-06-30
10-Q 2019-05-08 Quarter: 2019-03-31
10-K 2019-03-01 Annual: 2018-12-31
10-Q 2018-11-06 Quarter: 2018-09-30
10-Q 2018-08-09 Quarter: 2018-06-30
10-Q 2018-05-08 Quarter: 2018-03-31
10-K 2018-03-01 Annual: 2017-12-31
10-Q 2017-11-03 Quarter: 2017-09-30
10-Q 2017-08-04 Quarter: 2017-06-30
10-Q 2017-05-05 Quarter: 2017-03-31
10-K 2017-02-27 Annual: 2016-12-31
10-Q 2016-11-04 Quarter: 2016-09-30
10-Q 2016-08-05 Quarter: 2016-06-30
10-Q 2016-05-05 Quarter: 2016-03-31
10-K 2016-02-26 Annual: 2015-12-31
10-Q 2015-11-06 Quarter: 2015-09-30
10-Q 2015-08-07 Quarter: 2015-06-30
10-Q 2015-05-11 Quarter: 2015-03-31
10-K 2015-02-27 Annual: 2014-12-31
10-Q 2014-11-05 Quarter: 2014-09-30
10-Q 2014-08-08 Quarter: 2014-06-30
10-Q 2014-05-12 Quarter: 2014-03-31
10-K 2014-03-03 Annual: 2013-12-31
10-Q 2013-11-08 Quarter: 2013-09-30
10-Q 2013-08-08 Quarter: 2013-06-30
10-Q 2013-05-09 Quarter: 2013-03-31
10-K 2013-02-28 Annual: 2012-12-31
10-Q 2012-11-09 Quarter: 2012-09-30
10-Q 2012-08-09 Quarter: 2012-06-30
10-Q 2012-05-10 Quarter: 2012-03-31
10-K 2012-02-29 Annual: 2011-12-31
10-Q 2011-11-09 Quarter: 2011-09-30
10-Q 2011-08-08 Quarter: 2011-06-30
10-Q 2011-05-09 Quarter: 2011-03-31
10-K 2011-03-01 Annual: 2010-12-31
10-Q 2010-11-08 Quarter: 2010-09-30
10-Q 2010-08-09 Quarter: 2010-06-30
10-Q 2010-05-07 Quarter: 2010-03-31
10-K 2010-03-01 Annual: 2009-12-31
8-K 2020-02-24 Regulation FD, Exhibits
8-K 2020-02-12 Regulation FD, Exhibits
8-K 2019-12-09 Regulation FD, Exhibits
8-K 2019-11-25 Regulation FD, Exhibits
8-K 2019-10-03 Other Events
8-K 2019-09-03 Regulation FD, Exhibits
8-K 2019-07-16 Earnings, Exhibits
8-K 2019-05-23 Other Events, Exhibits
8-K 2019-05-21 Regulation FD, Exhibits
8-K 2019-05-21 Officers, Shareholder Vote, Exhibits
8-K 2019-04-16 Earnings, Exhibits
8-K 2019-03-19 Regulation FD, Exhibits
8-K 2019-02-12 Regulation FD, Exhibits
8-K 2019-01-15 Earnings, Other Events, Exhibits
8-K 2018-11-20 Regulation FD, Exhibits
8-K 2018-11-19 Regulation FD, Exhibits
8-K 2018-11-01 Regulation FD, Exhibits
8-K 2018-10-16 Earnings, Exhibits
8-K 2018-09-04 Regulation FD, Exhibits
8-K 2018-07-30 Regulation FD, Exhibits
8-K 2018-07-17 Earnings, Exhibits
8-K 2018-06-05 Regulation FD, Exhibits
8-K 2018-05-31 Regulation FD
8-K 2018-05-21 Regulation FD, Exhibits
8-K 2018-05-21 Shareholder Vote
8-K 2018-05-01 Regulation FD, Exhibits
8-K 2018-04-17 Earnings, Exhibits
8-K 2018-03-20 Regulation FD, Exhibits
8-K 2018-02-06 Regulation FD, Exhibits
8-K 2018-01-22 Earnings, Exhibits
8-K 2017-12-29 Officers, Exhibits

Fulton Financial Financials

FULT Metrics, Comps, Filings

Annual | Quarterly

Business

Fulton Financial Corporation was incorporated under the laws of Pennsylvania on February 8, 1982 and became a bank holding company through the acquisition of all of the outstanding stock of Fulton Bank N.A. ("Fulton Bank") on June 30, 1982. In this Report, "the Corporation" refers to Fulton Financial Corporation and its subsidiaries that are consolidated for financial reporting purposes, except that when referring to Fulton Financial Corporation as a public company, as a bank holding company or as a financial holding company, or to the common stock or other securities issued by Fulton Financial Corporation, references to "the Corporation" refer just to Fulton Financial Corporation. References to "the Parent Company" refer just to Fulton Financial Corporation. In 2000, the Corporation became a financial holding company as defined in the Gramm-Leach-Bliley Act ("GLB Act"), which gave the Corporation the ability to expand its financial services activities under its holding company structure. See "Competition" and "Supervision and Regulation." The Corporation directly owns 100% of the common stock of four community banks and eight non-bank entities. As of December 31, 2018, the Corporation had approximately 3,500 full-time equivalent employees.

The Corporation's subsidiary banks are located in areas that are home to a wide range of manufacturing, distribution, health care and other service companies. The Corporation is not dependent upon one or a few customers or any one industry, and the loss of any single customer or a few customers would not have a material adverse impact on the Corporation. However, a large portion of the Corporation's loan portfolio is comprised of commercial loans, commercial mortgage loans and construction loans. See Item 1A. "Risk Factors - Economic and Credit Risks - The composition of the Corporation's loan portfolio and competition subject the Corporation to credit risk."

Each of the subsidiary banks offers a full range of consumer and commercial banking products and services in its local market area. Personal banking services include various checking account and savings deposit products, certificates of deposit and individual retirement accounts. The subsidiary banks offer a variety of consumer lending products to creditworthy customers in their market areas. Secured consumer loan products include home equity loans and lines of credit, which are underwritten based on loan-to-value limits specified in the Corporation's lending policy. The subsidiary banks also offer a variety of fixed, variable and adjustable rate products, including construction loans and jumbo residential mortgage loans. Residential mortgages are offered through Fulton


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
UMB Financial (UMBF) 3,095 3.5 1% 24,016 21,538 0 0 198 458 1,601
Centerstate Bank (CSFL) 2,988 6.8 1% 17,037 14,146 0 0 188 315 2,151
Texas Capital Bancshares (TCBI) 2,987 -0.8 1% 29,970 27,302 0 0 318 823 -658
Investors Bancorp (ISBC) 2,968 0% 4.3 1% 27,064 24,137 12 0 182 632 2,713
CVB Financial (CVBF) 2,942 9.9 2% 11,172 9,235 0 0 188 279 2,766
Chemical Financial (CHFC) 2,899 5.3 1% 22,492 19,538 0 0 276 514 2,732
Old National Bancorp (ONB) 2,876 0% 6.2 1% 20,145 17,342 96 0 218 415 2,575
Cathay General Bancorp (CATY) 2,838 0% 4.8 2% 17,606 15,407 29 0 273 513 2,451
South State (SSB) 2,720 5.7 1% 15,683 13,309 0 0 182 325 1,868
Washington Federal (WAFD) 2,686 5.1 1% 16,469 14,456 0 0 209 466 2,397
Union Bankshares (UBSH) 2,685 10.0 1% 17,159 14,647 0 0 167 357 3,585
Columbia Banking System (COLB) 2,683 9.2 1% 13,091 10,957 0 0 189 263 2,424
Fulton Financial (FULT) 2,666 0% 4.7 1% 21,309 19,000 201 0 240 460 2,167
Cadence Bancorporation (CADE) 2,600 4.7 1% 17,504 15,078 0 0 186 443 2,066
Independent Bank (INDB) 2,546 11.9 1% 11,603 9,967 0 0 129 221 2,621
First Interstate Bancsystem (FIBK) 2,542 4.6 1% 14,415 12,466 0 0 161 308 1,413
International Bancshares (IBOC) 2,475 6.9 2% 12,227 10,167 0 0 212 312 2,154
Independent Bank Group (IBTX) 2,308 5.1 1% 14,709 12,460 0 0 157 338 1,728
First Financial Bancorp (FFBC) 2,302 7.2 1% 14,438 12,249 0 0 204 395 2,849
First Midwest Bancorp (FMBI) 2,218 6.0 1% 17,462 15,162 0 0 188 352 2,125

Balance Sheet ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash12110209791113446
Accounts Receivable
Inventory
PP&E208212228505226226218223235
Assets16,2752,4482,5332,5412,6292,6692,74420,03720,682
Accounts Payable
Long-Term Debt372368368466362362
Liabilities14,39545545247863262762317,80718,435
Stockholders' Equity1,8801,9932,0822,0631,9972,0422,1212,2302,248
Income Statement ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue195
Cost of Revenue
Gross Profit
R&D
SG&A1110888778
Tax44-12-11331713166325
Net Income128146160162158150162172208
Cash Flow ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating2859412212715421179259297
Cash Investing146-56-3300-818-1,000-1,166-741
Cash Financing-516-38-89-127-154-211-71897487