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Fulton Financial Corporation Reports Fourth Quarter and Year-End Results for 2025

On January 21, 2026, Fulton Financial Corporation (NASDAQ: FULT) shared its financial data for the fourth quarter and the entirety of 2025. The firm recorded a net income attributable to common shareholders of $96.4 million, translating to $0.53 per diluted share for the fourth quarter. This figure represents a slight decline of $1.5 million compared to the previous quarter. For the full year, the corporation's net income was substantially $381.4 million or $2.08 per diluted share, marking an increase of $102.9 million from the comparable period in 2024.

Overview of Financial Highlights

In its earnings summary, Fulton Financial Corporation highlighted that the operating net income for the fourth quarter stood at $99.4 million (or $0.55 per diluted share), again reflecting a decrease of $1.9 million from the preceding quarter. On a yearly basis, the operating net income reached $396.8 million (or $2.16 per diluted share), indicating an increase of $68.7 million over 2024.

Curtis J. Myers, Chairman, CEO, and President of Fulton, commented on the results, emphasizing the corporation's strategic strength and the team's dedication, which led to an impressive 17% increase in operating diluted earnings per share. Myers stated, “In 2025, we successfully delivered value to our customers, expanded our team and customer base, all while demonstrating solid financial performance.”

Detailed Performance Insights

During the fourth quarter, the firm's net interest income was $266.0 million, which reflects a $1.8 million increase from the previous quarter. Notably, net interest margin stood strong at 3.59%, showing a 13 basis point decrease in total cost of funds when compared to the previous quarter.

However, on the non-interest income front, there was a slight downturn, decreasing by $0.4 million to $70.0 million. Non-interest expenses saw an uptick of $16.4 million, bringing it to $213.0 million compared to the last quarter's $196.6 million. A dissected view revealed that

• - Salaries and employee benefits costs rose significantly, accounting for the majority of the non-interest expense spike.
• - The provision for credit losses was noted at $2.9 million, with an allowance for credit losses attributed to net loans amounting to $364.5 million, or 1.51% of total net loans as of December 31, 2025.

Stability in Equity and Stock Repurchase

Fulton Financial also reported positive changes in its capital ratios. The common equity tier 1 capital ratio improved, rising to approximately 11.8%, compared to 11.6% in the prior quarter. Furthermore, during the fourth quarter, the corporation repurchased 1,082,678 shares of its common stock under its 2025 Repurchase Program at $19.9 million, averaging $18.34 per share.

In a forward-looking perspective, the Corporation's Board of Directors recently approved a 2026 Repurchase Program, authorized to buy back shares and various securities up to $150 million. This move symbolizes the company’s intent to enhance shareholder value amid robust financial results and favorable market conditions.

Conclusion and Future Outlook

Fulton Financial's 2025 year-end performance can be viewed as a testament to its growth and operational efficiency. Moving into future quarters, the focus will likely remain on sustaining this momentum, capturing further market share, and enhancing the overall shareholder value.

For more updates and detailed financial data, visit Fulton Bank's website.