secwatch.observer — SEC 8-K summary
======================================

Issuer:     FULTON FINANCIAL CORP (FULT)
CIK:        0000700564
Form:       8-K/A
Filed at:   2023-01-18T23:59:59+00:00
Accession:  0000700564-23-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fulton Financial Q4 EPS $0.47, up 16% QoQ; full-year record net income $276.7M
------------------------------------------------------------------------------

- Diluted EPS $0.47 (GAAP), $0.48 operating; net income available to common $79.3M, up 16% QoQ.
- Net interest income $225.9M, NIM 3.69% (+15bp QoQ); provision for credit losses $14.5M.
- Non-performing assets $177.7M (0.66% of assets); net charge-offs $11.7M (0.23%) on commercial office loan.
- Non-interest income down 8.3% QoQ; non-interest expense (ex-mrg) up 2.5% QoQ; merger costs $1.9M.
- Amendment corrects footnote in 2023 outlook presentation; no change to press release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/700564/000070056423000006/0000700564-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/700564/000070056423000006/fult-20230117.htm
  HTML page:      https://secwatch.observer/filing/0000700564-23-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer