m_and_a
confidence high
sentiment positive
materiality 0.85
Fulton Financial to acquire Blue Foundry Bancorp in $243M all-stock merger
FULTON FINANCIAL CORP
- All-stock deal valued at ~$243M; exchange ratio of 0.6500 Fulton shares per Blue Foundry share.
- Deal is over 5% accretive to first full-year earnings and immediately accretive to tangible book value.
- Expected close in Q2 2026; requires regulatory approvals and Blue Foundry stockholder approval.
- Expands Fulton's presence in northern New Jersey; $1.5M contribution to Fulton Forward Foundation.
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