Fulton Financial to acquire Blue Foundry Bancorp in stock-for-stock merger at 0.650x exchange ratio

FULTON FINANCIAL CORP

Each Blue Foundry share will convert to 0.650 Fulton common share; options and restricted stock cashed out.
Blue Foundry termination fee of $9.69M payable under certain conditions.
Boards of both companies unanimously approved; Blue Foundry stockholder vote and regulatory approvals required.
Merger expected to close after customary conditions, including Fed, OCC, and NJ banking approvals.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FULTON FINANCIAL CORP entered into Agreement and Plan of Merger with Blue Foundry Bancorp (effective 2025-11-24).

Action: entry
Agreement: merger
Counterparty: Blue Foundry Bancorp
Effective: 2025-11-24

Exact text from the filing

On November 24, 2025, Fulton Financial Corporation, a Pennsylvania corporation (“Fulton”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Blue Foundry Bancorp

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FULTON FINANCIAL CORP filing history →

Source: SEC EDGAR

accession 0001193125-25-294477

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