earnings
confidence high
sentiment positive
materiality 0.80
Fulton Financial Q2 2026 EPS $0.52 ($0.60 operating); completes Blue Foundry acquisition
FULTON FINANCIAL CORP
- Net income available to common shareholders of $99.9M ($0.52 diluted EPS); operating net income $115.9M ($0.60 diluted EPS).
- Completed acquisition of Blue Foundry Bancorp on April 1, 2026; acquired $2.1B assets, $1.6B loans, $1.5B deposits.
- Net interest margin 3.60%, up 2 bps QoQ; non-interest income rose $9.5M to $79.3M.
- Issued $300M of 5.95% subordinated notes due 2036; redeemed $195M of 3.25% notes due 2030.
- Repurchased 525,000 shares for $11.1M in Q2; CET1 ratio ~12.1% (preliminary).