Fulton Financial Corporation

Fulton Financial Corporation (NASDAQ: FULT) is an $18 billion regional financial holding company headquartered in Lancaster, PA, with locations in PA, NJ, MD, DE and VA. Fulton Financial Corporation offers a workplace that values collaboration, innovation, and integrity, along with a competitive salary, benefits, and a generous tuition reimbursement program. Our many internship and management trainee opportunities also make us a unique place to begin your career. Learn more and join our team at www.fult.com/careers. Our flagship bank, Fulton Bank, N.A., was founded in 1882 to serve local businesses and farmers. Today, we offer a broad range of financial products and services through our six subsidiary banks, emphasizing the importance of building lasting relationships with our customers. Residential mortgage lending is offered at all banks under the Fulton Mortgage Company brand. Fulton Financial Corporation subsidiary banks are Members FDIC and Equal Housing Lenders. Loans are subject to credit approval. Investment management and trust services are offered at all banks through Fulton Financial Advisors and Clermont Wealth Strategies, both divisions of Fulton Bank, N.A. Securities and insurance products are not insured by the FDIC or any other government agency, are not deposits or obligations of, or guaranteed by, any bank, and are subject to investment risks, including possible loss of the principal amount invested. Fulton Financial Corporation is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton Financial Corporation will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.
Company Growth (employees)
Type
Public
HQ
Lancaster, US
Founded
1882
Size (employees)
3,500 (est)
Website
fult.com
Fulton Financial Corporation was founded in 1882 and is headquartered in Lancaster, US

Fulton Financial Corporation Office Locations

Fulton Financial Corporation has an office in Lancaster
Lancaster, US (HQ)
1 Penn Square

Fulton Financial Corporation Data and Metrics

Fulton Financial Corporation Financial Metrics

Fulton Financial Corporation's revenue was reported to be $205.2 m in Q1, 2017
USD

Revenue (Q1, 2017)

205.2 m

Gross profit (Q1, 2017)

184.3 m

Gross profit margin (Q1, 2017), %

90%

Net income (Q1, 2017)

43.4 m

EBIT (Q1, 2017)

137.6 m

Market capitalization (17-Aug-2017)

2.9 b

Cash (31-Mar-2017)

93.8 m
Fulton Financial Corporation's current market capitalization is $2.9 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

609.7 m596.1 m583.8 m603.1 m

Revenue growth, %

(2%)(2%)3%

Cost of goods sold

83.8 m82.3 m

Gross profit

500 m520.8 m

Gross profit Margin, %

86%86%

Sales and marketing expense

7 m

R&D expense

20 m

Operating expense total

480.2 m489.5 m

EBIT

500 m520.8 m

EBIT margin, %

86%86%

Pre tax profit

199.4 m208.2 m

Income tax expense

49.9 m46.6 m

Net Income

161.8 m157.9 m149.5 m161.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

190.7 m191 m192.4 m195.4 m199.6 m205.2 m

Cost of goods sold

21.3 m20.5 m20.3 m20.4 m20.9 m20.9 m

Gross profit

169.4 m170.5 m172.2 m175.1 m178.7 m184.3 m

Gross profit Margin, %

89%89%89%90%90%90%

Sales and marketing expense

2.9 m2.9 m1.6 m1.9 m1.8 m2 m

R&D expense

4.9 m5.1 m5.4 m5.5 m4.6 m4.3 m

Operating expense total

7.8 m8 m7 m7.4 m6.4 m6.3 m

EBIT

122.9 m125.7 m129.1 m128.9 m130.6 m137.6 m

EBIT margin, %

64%66%67%66%65%67%

Pre tax profit

48.9 m44.6 m50.2 m50.9 m54.7 m57.2 m

Income tax expense

12.2 m10.3 m12 m11.2 m13.3 m13.8 m

Net Income

81.4 m119.9 m40 m76.7 m111 m38.3 m78 m119.5 m43.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

218.5 m105.7 m101.1 m118.8 m

Accounts Receivable

44 m41.8 m42.8 m943.1 k

PP&E

226 m226 m225.5 m217.8 m

Total Assets

16.9 b17.1 b17.9 b18.9 b

Accounts Payable

15.2 m18 m10.7 m15 b

Total Liabilities

16.8 b

Additional Paid-in Capital

1.4 b1.4 b1.5 b1.5 b

Retained Earnings

463.8 m558.8 m641.6 m732.1 m

Total Equity

2.1 b2 b2.1 b

Financial Leverage

8.2 x8.8 x8.9 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

258.8 m220.9 m91.9 m100.5 m93.8 m83.5 m84.6 m86.5 m93.8 m

PP&E

225.2 m224.4 m226.2 m226.8 m225.7 m228.1 m228.9 m228 m216.2 m

Goodwill

532.4 m

Total Assets

17 b17.2 b17.4 b17.4 b17.8 b18.1 b18.5 b18.7 b19.2 b

Accounts Payable

12.7 b13.3 b13.5 b13.5 b14.1 b14.4 b14.3 b15 b15.1 b

Additional Paid-in Capital

1.4 b1.4 b1.4 b1.4 b1.4 b1.5 b1.5 b1.5 b1.5 b

Retained Earnings

515 m538.7 m582.7 m603.6 m622.2 m664.2 m686.6 m710.8 m756.3 m

Total Equity

2.1 b2 b2 b2.1 b2.1 b2.1 b2.2 b

Financial Leverage

8.1 x8.6 x8.8 x8.7 x8.8 x8.8 x8.9 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

161.8 m157.9 m149.5 m161.6 m

Accounts Payable

(4.1 m)

Cash From Operating Activities

301.6 m210.4 m177 m185.4 m

Cash From Investing Activities

(598.7 m)(275.4 m)(818 m)(1 b)

Long-term Borrowings

(10.7 m)(6.3 m)(539.5 m)(236.6 m)

Dividends Paid

(46.5 m)(64 m)(65.4 m)(69.4 m)

Cash From Financing Activities

259.4 m(47.8 m)636.5 m832.6 m

Interest Paid

86.6 m78.4 m91.1 m83.4 m

Income Taxes Paid

32.6 m16.8 m13.4 m16.2 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

81.4 m119.9 m40 m76.7 m111 m38.3 m78 m119.5 m43.4 m

Accounts Payable

1.4 m(2.4 m)

Cash From Operating Activities

94.4 m147.9 m30.5 m77 m134.9 m34.1 m74.1 m143.8 m64.5 m

Cash From Investing Activities

(14.8 m)(293.5 m)(214.4 m)(248.3 m)(714.5 m)(169.7 m)(447 m)(698.8 m)(274.6 m)

Long-term Borrowings

(5.2 m)(5.3 m)(44.9 m)(154.9 m)(509.6 m)(42 k)(183 k)(603 k)(15 m)

Dividends Paid

(30.5 m)(45.6 m)(14.3 m)(30.4 m)(46.2 m)(15.7 m)(31.3 m)(48.6 m)(17.4 m)

Cash From Financing Activities

(39.3 m)148 m170.1 m166 m567.7 m117.9 m356.4 m540.3 m185.1 m

Interest Paid

37.8 m57.4 m21.9 m46.4 m67.4 m17.4 m43 m58.6 m18 m

Income Taxes Paid

16.4 m16.6 m146 k11.1 m9.2 m4 m9.1 m9.4 m116 k
USDY, 2017

Revenue/Employee

58.6 k

Financial Leverage

8.9 x

Fulton Financial Corporation Market Value History

Traffic Overview of Fulton Financial Corporation

Fulton Financial Corporation Company Life and Culture

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