Fulton Financial's Q3 profit rises on improved interest margin

Fulton Financial

21/10/2025 21:40

Overview

Fulton Financial Q3 net income rises to $97.9 mln, with EPS at $0.53

Company repurchased 1.65 mln shares for $30.8 mln in Q3

Net interest income increased by $9.3 mln to $264.2 mln in Q3

Outlook

Company did not provide specific guidance for future quarters

Result Drivers

NET INTEREST MARGIN - Solid net interest margin of 3.57% contributed to Q3 results

NON-INTEREST INCOME - Increase in non-interest income driven by wealth management and consumer card income

SHARE REPURCHASE - 1.65 mln shares repurchased at $30.8 mln under 2025 Repurchase Program

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$0.53
Q3 Net Income
$97.89 mln
Q3 Net Interest Income
$264.19 mln
Q3 CET1 Capital Ratio
11.50%
Q3 Credit Loss Provision
$10.24 mln
Q3 Net Interest Margin (%)
3.57%
Q3 Pretax Profit
$127.78 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Fulton Financial Corp is $21.00, about 16% above its October 20 closing price of $17.65

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nPn3GFgBba

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)