secwatch.observer — SEC 8-K summary
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Issuer:     FULTON FINANCIAL CORP (FULT)
CIK:        0000700564
Form:       8-K
Filed at:   2025-01-21T23:59:59+00:00
Accession:  0000700564-25-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fulton Financial reports record operating EPS of $1.85 for 2024; Q4 operating EPS $0.48
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- Q4 net income available to common $66.1M ($0.36 diluted); operating net income $88.9M ($0.48 diluted).
- Full-year 2024 operating net income $328.1M ($1.85 diluted), up 8% YoY from $1.71.
- Net interest margin 3.41%; cost of funds down 14 bps QoQ; avg noninterest-bearing deposits up $62M.
- Loans $24.0B (-$131M QoQ); deposits $26.1B (-$23M); provision $16.7M; NPAs 0.69% of assets.
- Acquisition-related costs $9.6M; FultonFirst consolidation costs $10.0M; operating expenses fell $5.5M QoQ.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/700564/000070056425000002/0000700564-25-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/700564/000070056425000002/fult-20250121.htm
  HTML page:      https://secwatch.observer/filing/0000700564-25-000002

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