XNASFULTP
Market cap3.62bUSD
Dec 24, Last price
20.31USD
1D
-0.88%
1Q
1.55%
Name
Fulton Financial Corp
Profile
Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. The company also offers secured consumer loans, including home equity loans and lines of credit, automobile loans, personal lines of credit, and checking account overdraft protection; construction and jumbo residential mortgage loans; and commercial lending products comprising commercial real estate, commercial and industrial, and construction loans, as well as equipment lease financing loans. In addition, it provides letters of credit, cash management services, and traditional deposit products; and wealth management services, including investment management, trust, brokerage, insurance, and investment advisory services. Further, the company owns passive investments, as well as trust preferred securities; and sells various life insurance products. It provides its products and services through traditional financial center banking, as well as through a network of automated teller machines, telephone banking, mobile banking, and online banking. The company operated branches in Pennsylvania, Maryland, Delaware, New Jersey, and Virginia. Fulton Financial Corporation was incorporated in 1882 and is headquartered in Lancaster, Pennsylvania.
IPO date
Sep 03, 1985
Employees
3,300
Domiciled in
US
Incorporated in
US
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 1,027,928 1.90% | 1,008,764 11.65% | 903,475 5.23% | |||||||
Cost of revenue | 354,795 | 376,316 | 345,078 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 673,133 | 632,448 | 558,397 | |||||||
NOPBT Margin | 65.48% | 62.70% | 61.81% | |||||||
Operating Taxes | 64,441 | 60,034 | 58,748 | |||||||
Tax Rate | 9.57% | 9.49% | 10.52% | |||||||
NOPAT | 608,692 | 572,414 | 499,649 | |||||||
Net income | 284,280 -0.94% | 286,981 4.17% | 275,497 54.74% | |||||||
Dividends | (115,738) | (116,009) | (112,028) | |||||||
Dividend yield | 4.22% | 4.17% | 4.04% | |||||||
Proceeds from repurchase of equity | (73,896) | 7,876 | (36,472) | |||||||
BB yield | 2.69% | -0.28% | 1.31% | |||||||
Debt | ||||||||||
Debt current | 1,100,978 | 416,764 | ||||||||
Long-term debt | 1,617,122 | 2,754,685 | 694,598 | |||||||
Deferred revenue | (107,536) | 488,557 | ||||||||
Other long-term liabilities | 23,269,493 | (2,670,022) | (621,345) | |||||||
Net debt | 563,715 | (924,467) | (6,172,138) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 362,984 | 598,266 | 342,272 | |||||||
CAPEX | (32,958) | (21,246) | (17,679) | |||||||
Cash from investing activities | (809,215) | (1,539,058) | (213,967) | |||||||
Cash from financing activities | 314,020 | (15,901) | (337,523) | |||||||
FCF | 827,803 | (164,326) | 782,339 | |||||||
Balance | ||||||||||
Cash | 300,343 | 126,898 | 1,591,753 | |||||||
Long term investments | 753,064 | 4,653,232 | 5,691,747 | |||||||
Excess cash | 1,002,011 | 4,729,692 | 7,238,326 | |||||||
Stockholders' equity | 2,064,300 | 1,819,671 | 2,062,438 | |||||||
Invested Capital | 26,569,904 | 26,095,288 | 24,017,936 | |||||||
ROIC | 2.31% | 2.28% | 2.06% | |||||||
ROCE | 2.44% | 2.26% | 2.13% | |||||||
EV | ||||||||||
Common stock shares outstanding | 166,769 | 165,472 | 163,307 | |||||||
Price | 16.46 -2.20% | 16.83 -1.00% | 17.00 33.65% | |||||||
Market cap | 2,745,018 -1.43% | 2,784,894 0.31% | 2,776,219 33.83% | |||||||
EV | 3,501,611 | 2,053,305 | (3,203,041) | |||||||
EBITDA | 706,132 | 664,380 | 587,788 | |||||||
EV/EBITDA | 4.96 | 3.09 | ||||||||
Interest | 418,950 | 83,204 | 59,682 | |||||||
Interest/NOPBT | 62.24% | 13.16% | 10.69% |