NASDAQ$FULT
Fulton Financial Corp · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Reported strong third quarter results driven by increased net interest income, good loan growth, consistent fee income, and the acquisition of Prudential Bancorp
Fulton Financial Corporation reported a strong third quarter with net income available to common shareholders of $68.3 million, or $0.40 per diluted share. The results include the impact of the acquisition of Prudential Bancorp on July 1, 2022. Operating earnings were at an all-time high, driven by increased net interest income, rising interest rates, loan growth, and consistent fee income.
- Net income available to common shareholders increased by $0.9 million, or 1.3%, compared to the second quarter of 2022.
- Operating net income available to common shareholders was $80.5 million, or $0.48 per diluted share, for the third quarter of 2022.
- Net interest income for the third quarter of 2022 was $215.6 million, an increase of $36.8 million compared to the second quarter of 2022.
- The net interest margin for the third quarter of 2022 increased 50 basis points, to 3.54%, compared to 3.04% in the second quarter of 2022.
Headline financials
Revenue & EPS history
Fulton Financial · Revenue · Quarterly
$275M
Forward guidance
This press release may contain forward-looking statements with respect to the Corporation’s financial condition, results of operations and business.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
+0.1%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+2.8%
Avg return
30 days after
46%
32 / 69 earnings
Positive
+9.7%
Q2 2024
Best reaction
-9.5%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.2% | -0.5% | -1.9% | |
| Q4 2025 | +2.6% | -0.6% | +9.2% | |
| Q3 2025 | -1.5% | +0.4% | +0.4% | |
| Q2 2025 | -1.4% | -1.0% | +3.4% | |
| Q1 2025 | -0.4% | -1.8% | +13.5% | |
| Q4 2024 | -1.1% | -1.4% | -3.5% | |
| Q3 2024 | +2.9% | -0.3% | +15.7% | |
| Q2 2024 | +9.7% | +9.2% | -1.0% | |
| Q1 2024 | -2.1% | +1.3% | +18.0% | |
| Q4 2023 | -2.6% | +1.4% | +0.6% | |
| Q3 2023 | +0.3% | -2.3% | +14.4% | |
| Q2 2023 | +8.7% | +7.8% | +6.7% | |
| Q1 2023 | -4.9% | -6.9% | -14.4% | |
| Q4 2022 | -9.5% | -7.1% | +2.1% | |
| Q3 2022 | -1.1% | -1.8% | +2.3% | |
| Q2 2022 | +9.7% | +9.5% | +22.0% | |
| Q1 2022 | +2.6% | +1.8% | -6.2% | |
| Q4 2021 | -2.1% | -5.6% | -4.0% | |
| Q3 2021 | +6.4% | +4.9% | +4.3% | |
| Q2 2021 | +3.7% | +2.0% | +4.0% | |
| Q1 2021 | -1.0% | +1.1% | +0.8% | |
| Q4 2020 | +0.6% | +1.9% | +2.5% | |
| Q3 2020 | +8.5% | +10.7% | +25.6% | |
| Q2 2020 | +3.7% | +4.1% | -0.2% | |
| Q1 2020 | -5.0% | -2.2% | -1.2% | |
| Q4 2019 | -0.5% | -0.2% | -23.3% | |
| Q3 2019 | +0.9% | +1.7% | +2.2% | |
| Q2 2019 | +1.7% | +2.7% | -4.0% | |
| Q1 2019 | +2.5% | +1.2% | +3.6% | |
| Q4 2018 | +0.2% | +1.1% | +1.0% | |
| Q3 2018 | +5.3% | +2.4% | +4.8% | |
| Q2 2018 | +1.5% | +5.4% | +7.2% | |
| Q1 2018 | -2.8% | -2.8% | -0.8% | |
| Q4 2017 | -0.3% | -2.7% | +1.3% | |
| Q3 2017 | -4.2% | -3.9% | -7.0% | |
| Q2 2017 | -2.6% | -4.8% | -10.8% | |
| Q1 2017 | +3.5% | +6.3% | +0.0% | |
| Q4 2016 | -3.5% | -3.7% | +1.6% | |
| Q3 2016 | +3.9% | +4.2% | +23.2% | |
| Q2 2016 | -0.9% | -0.9% | +1.2% | |
| Q1 2016 | +1.9% | — | — | |
| Q4 2015 | +2.7% | — | — | |
| Q3 2015 | +4.5% | — | — | |
| Q2 2015 | -2.6% | — | — | |
| Q1 2015 | +1.7% | — | — | |
| Q4 2014 | -3.6% | — | — | |
| Q3 2014 | +4.4% | — | — | |
| Q2 2014 | -2.6% | — | — | |
| Q1 2014 | +2.7% | — | — | |
| Q4 2013 | +0.2% | — | — | |
| Q3 2013 | +0.0% | — | — | |
| Q2 2013 | +2.5% | — | — | |
| Q1 2013 | -4.3% | — | — | |
| Q4 2012 | -0.4% | — | — | |
| Q3 2012 | -2.5% | — | — | |
| Q2 2012 | -1.4% | — | — | |
| Q1 2012 | -0.3% | — | — | |
| Q4 2011 | +0.1% | — | — | |
| Q3 2011 | -6.3% | — | — | |
| Q2 2011 | -6.0% | — | — | |
| Q1 2010 | +0.6% | — | — | |
| Q1 2011 | +3.0% | — | — | |
| Q4 2009 | -2.8% | — | — | |
| Q4 2010 | -2.8% | — | — | |
| Q4 2008 | -2.8% | — | — | |
| Q3 2009 | -3.8% | — | — | |
| Q3 2010 | -3.8% | — | — | |
| Q2 2010 | -1.3% | — | — | |
| Q2 2009 | -1.3% | — | — |
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