FULT Stock Recent News

Fulton Financial Corporation (FULT) Q4 2023 Earnings Call Transcript

Fulton Financial (FULT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Fulton (FULT) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Besides Wall Street's top -and-bottom-line estimates for Fulton Financial (FULT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Fulton Financial (FULT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Fulton Financial (FULT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

With the Fed widely expected to cut policy rates this year, interest rates are broadly forecast to fall, and Financial stocks are set up to benefit considerably from this shifting dynamic. Banks in particular, which hold large securities portfolios, made up primarily of fixed income would benefit significantly as those assets should rally in response to a decline in interest rates.

Fulton (FULT) announces a 6.3% increase in its dividend payout along with a new share repurchase plan. Regular capital distribution initiatives are likely to enhance shareholder value.

PHI, FULT and FMX made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 19, 2023.