(USD) | Jun 2023 | Q/Q |
---|---|---|
Revenue | 60.6MM | +17% |
Operating Income | 95.7MM | +15% |
Operating Expenses | 168MM | +5% |
Net Income | 79.6MM | +17% |
Marketing | 1.7MM | -12% |
Compensation | 94.1MM | +5% |
Professional Service | 1.8MM | -24% |
Amortization | 1.1MM | +59% |
Interest Expense | 102.1MM | +37% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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Fulton Financial Corporation (NASDAQ:FULT) Q1 2024 Earnings Call Transcript April 17, 2024 Fulton Financial Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, and thank you for standing by. Welcome to the Fulton Financials’ First Quarter 2024 Results […]
Q1 2024 Fulton Financial Corp Earnings Call
Explore the detailed financial performance and strategic initiatives shaping Fulton Financial Corp's trajectory in the first quarter of 2024.
Although the revenue and EPS for Fulton Financial (FULT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Insights into Fulton's Financial Performance and Strategic Focus
Fulton Financial (FULT) delivered earnings and revenue surprises of 2.56% and 14.33%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
LANCASTER, Pa., April 16, 2024--Fulton Financial Corporation (NASDAQ: FULT) ("Fulton" or the "Corporation") reported net income available to common shareholders of $59.4 million, or $0.36 per diluted share, for the first quarter of 2024, a decrease of $2.3 million, or 3.8%, in comparison to the fourth quarter of 2023. Operating net income available to common shareholders for the three months ended March 31, 2024 was $65.4 million, or $0.40 per diluted share(1), a decrease of $3.5 million, or 5.0
LANCASTER, Pa., April 12, 2024--Fulton Bank, N.A., a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), today announced two $3,000 scholarship opportunities for local women studying in science, technology, engineering, or mathematics (STEM) fields. The funds for the scholarships were raised by Fulton Bank, N.A.’s employee resource group, Women in Technology.
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Beyond analysts' top -and-bottom-line estimates for Fulton Financial (FULT), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.