Fulton Financial falls after Q4 profit dips

Fulton Financial

16/01/2024 23:06

** Shares of regional lender Fulton Financial  FULT.O  fall
5.2% to $14.78 in extended trading
    ** Co posts Q4 net income available to common shareholders
of 37 cents/shr vs 47 cents/shr, a year ago
    ** Q4 net interest income dips 6.2% to $212 mln
    ** Q4 provision for credit losses came in at $9.8 mln vs
$14.5 mln, a year earlier
    ** FULT records $6.5 mln charge on Federal Deposit Insurance
Corporation special assessment fee
    ** Stock fell 2.2% in 2023

 (Reporting by Arasu Kannagi Basil in Bengaluru)
 ((ArasuKannagi.Basil@thomsonreuters.com))