Fulton Financial Corporation

Company Profile

Fulton Financial Corporation had its IPO on 1990-03-26 under the ticker symbol FULT.

The company operates in the Financial Services sector and Banks-Regional industry. Fulton Financial Corporation has a staff strength of 3,300 employees.

Stock update

Shares of Fulton Financial Corporation opened at $12.71 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $12.64 - $12.98, and closed at $12.96.

This is a +2.13% increase from the previous day's closing price.

A total volume of 1,028,816 shares were traded at the close of the day’s session.

In the last one week, shares of Fulton Financial Corporation have slipped by -5.54%.

Fulton Financial Corporation's Key Ratios

Fulton Financial Corporation has a market cap of $2.08 billion, indicating a price to book ratio of 1.2138 and a price to sales ratio of 2.9026.

In the last 12-months Fulton Financial Corporation’s revenue was $1.03 billion with a gross profit of $980.14 million and an EBITDA of $0. The EBITDA ratio measures Fulton Financial Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Fulton Financial Corporation’s operating margin was 37.89% while its return on assets stood at 1.14% with a return of equity of 11.76%.

In Q2, Fulton Financial Corporation’s quarterly earnings growth was a positive 9.8% while revenue growth was a positive 12.2%.

Fulton Financial Corporation’s PE and PEG Ratio

Forward PE

10.5708

Trailing PE

7.3779

PEG

-7.57

Its diluted EPS in the last 12-months stands at $1.72 per share while it has a forward price to earnings multiple of 10.5708 and a PEG multiple of -7.57. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Fulton Financial Corporation’s profitability.

Fulton Financial Corporation stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.9026.

Fulton Financial Corporation stock pays annual dividends of $0.61 per share, indicating a yield of 4.95% and a payout ratio of 30.23%.

Balance sheet and cash flow metrics

Total Assets

$27.40 billion

Total Liabilities

$24.10 million

Operating Cash Flow

$-366151000.00

Capital Expenditure

$8.58 million

Dividend Payout Ratio

30.23%

Fulton Financial Corporation ended 2024 with $27.40 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $27.40 billion while shareholder equity stood at $2.64 billion.

Fulton Financial Corporation ended 2024 with $0 in deferred long-term liabilities, $24.10 million in other current liabilities, 564137000.00 in common stock, $1.54 billion in retained earnings and $0 in goodwill. Its cash balance stood at $123.78 million and cash and short-term investments were $123.78 million. The company’s total short-term debt was $0 while long-term debt stood at $2.16 billion.

Fulton Financial Corporation’s total current assets stands at $537.59 million while long-term investments were $4.37 billion and short-term investments were $1.10 billion. Its net receivables were $413.81 million compared to accounts payable of $24.10 million and inventory worth $0.

In 2024, Fulton Financial Corporation's operating cash flow was $-366151000.00 while its capital expenditure stood at $8.58 million.

Comparatively, Fulton Financial Corporation paid $0.30 in dividends in 2024.

Other key metrics

Current Trading Price

$12.96

52-Week High

$18.241

52-Week Low

$9.5151

Analyst Target Price

$14.29

Fulton Financial Corporation stock is currently trading at $12.96 per share. It touched a 52-week high of $18.241 and a 52-week low of $18.241. Analysts tracking the stock have a 12-month average target price of $14.29.

Its 50-day moving average was $13.28 and 200-day moving average was $14.09 The short ratio stood at 6.19 indicating a short percent outstanding of 0%.

Around 98.5% of the company’s stock are held by insiders while 6870.3% are held by institutions.