m_and_a
confidence high
sentiment positive
materiality 0.75
Fulton Financial completes acquisition of Blue Foundry Bancorp, becomes $34B firm
FULTON FINANCIAL CORP
- Closed April 1, 2026; each Blue Foundry share exchanged for 0.650 Fulton common shares.
- Fulton issued ~12.44M shares; combined company now $34 billion in assets.
- Blue Foundry Bank to operate separately until summer 2026 when it merges into Fulton Bank, N.A.
- Fulton will make a $1.5M contribution to the Fulton Forward Foundation for New Jersey nonprofits.
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