Fulton Financial Corporation
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 997.16M | 1.09B | 1.50B | 1.80B | 1.89B | 5.0% | |
| Cost of Revenue | (45.08M) | (103.27M) | (472.99M) | (670.06M) | (616.23M) | -8.0% | |
Gross Profit | 952.08M | 988.70M | 1.03B | 1.13B | 1.28B | 12.8% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (345.08M) | (376.32M) | (405.49M) | (464.67M) | (530.67M) | 14.2% | |
| General & Administrative | (339.80M) | (369.43M) | (396.49M) | (455.71M) | (520.58M) | 14.2% | |
| Selling & Marketing | (5.28M) | (6.88M) | (9.00M) | (8.96M) | (10.09M) | 12.6% | |
| Depreciation & Amortization | (29.39M) | (31.93M) | (33.00M) | (56.99M) | (43.70M) | -23.3% | |
Operating Income (EBIT) | 334.25M | 347.01M | 348.72M | 344.63M | 485.59M | 40.9% | |
| Non-Operating Items | |||||||
| Interest Income | 723.41M | 864.84M | 1.27B | 1.58B | 1.62B | 2.2% | |
| Interest Expense | (59.68M) | (83.20M) | (418.95M) | (621.87M) | (580.53M) | -6.6% | |
| Other Income/Expenses (Net) | — | — | — | — | — | — | |
Income Before Tax | 334.25M | 347.01M | 348.72M | 344.63M | 485.59M | 40.9% | |
| Income Tax Expense | (58.75M) | (60.03M) | (64.44M) | (55.89M) | (93.98M) | 68.2% | |
Net Income | 275.50M | 286.98M | 284.28M | 288.74M | 391.61M | 35.6% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $2 | $2 | $2 | $2 | $2 | 32.1% | |
| Weighted Avg Shares Outstanding | 162.23M | 164.12M | 165.24M | 175.52M | 183.29M | 4.4% | |
| Weighted Avg Shares Outstanding (Diluted) | 163.31M | 165.47M | 166.77M | 177.22M | 183.29M | 3.4% | |
EBITDA | 363.64M | 378.95M | 381.72M | 401.62M | 529.28M | 31.8% |
Explore FULT
FULT in the Financial Services
Mid Cap