Fulton Financial Corporation operates as a financial holding company that provides banking and financial services to businesses and consumers. More Details
Flawless balance sheet 6 star dividend payer.
Share Price & News
How has Fulton Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FULT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FULT's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: FULT underperformed the US Banks industry which returned 59.1% over the past year.
Return vs Market: FULT exceeded the US Market which returned 35.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Fulton Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWith EPS Growth And More, Fulton Financial (NASDAQ:FULT) Is Interesting
1 month ago | Simply Wall StFulton Financial Corporation (NASDAQ:FULT) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
1 month ago | Simply Wall StFulton Financial (NASDAQ:FULT) Shareholders Booked A 49% Gain In The Last Year
Is Fulton Financial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FULT ($15.32) is trading below our estimate of fair value ($24.58)
Significantly Below Fair Value: FULT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FULT is good value based on its PE Ratio (10.2x) compared to the US Banks industry average (10.7x).
PE vs Market: FULT is good value based on its PE Ratio (10.2x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: FULT's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: FULT is good value based on its PB Ratio (1x) compared to the US Banks industry average (1.1x).
How is Fulton Financial forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FULT's earnings are forecast to decline over the next 3 years (-3.7% per year).
Earnings vs Market: FULT's earnings are forecast to decline over the next 3 years (-3.7% per year).
High Growth Earnings: FULT's earnings are forecast to decline over the next 3 years.
Revenue vs Market: FULT's revenue is expected to decline over the next 3 years (-0.3% per year).
High Growth Revenue: FULT's revenue is forecast to decline over the next 3 years (-0.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FULT's Return on Equity is forecast to be low in 3 years time (8.4%).
How has Fulton Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FULT has high quality earnings.
Growing Profit Margin: FULT's current net profit margins (26.6%) are higher than last year (22.9%).
Past Earnings Growth Analysis
Earnings Trend: FULT's earnings have grown by 6.3% per year over the past 5 years.
Accelerating Growth: FULT's earnings growth over the past year (38.6%) exceeds its 5-year average (6.3% per year).
Earnings vs Industry: FULT earnings growth over the past year (38.6%) exceeded the Banks industry 35%.
Return on Equity
High ROE: FULT's Return on Equity (9.3%) is considered low.
How is Fulton Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: FULT's Assets to Equity ratio (9.7x) is low.
Allowance for Bad Loans: FULT has a sufficient allowance for bad loans (166%).
Low Risk Liabilities: 93% of FULT's liabilities are made up of primarily low risk sources of funding.
Loan Level: FULT has an appropriate level of Loans to Assets ratio (70%).
Low Risk Deposits: FULT's Loans to Deposits ratio (84%) is appropriate.
Level of Bad Loans: FULT has an appropriate level of bad loans (0.8%).
What is Fulton Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FULT's dividend (3.92%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: FULT's dividend (3.92%) is in the top 25% of dividend payers in the US market (3.55%)
Stability and Growth of Payments
Stable Dividend: FULT's dividends per share have been stable in the past 10 years.
Growing Dividend: FULT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.1%), FULT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FULT's dividends in 3 years are forecast to be well covered by earnings (45.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Phil Wenger (63 yo)
Mr. E. Philip Wenger, also known as Phil, has been the Chairman and Chief Executive Officer of Fulton Financial Corporation since January 1, 2013. Mr. Wenger was the President at Fulton Financial Corporati...
CEO Compensation Analysis
Compensation vs Market: Phil's total compensation ($USD3.08M) is below average for companies of similar size in the US market ($USD5.32M).
Compensation vs Earnings: Phil's compensation has been consistent with company performance over the past year.
Experienced Management: FULT's management team is seasoned and experienced (6.2 years average tenure).
Experienced Board: FULT's board of directors are considered experienced (5.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FULT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Fulton Financial Corporation's company bio, employee growth, exchange listings and data sources
- Name: Fulton Financial Corporation
- Ticker: FULT
- Exchange: NasdaqGS
- Founded: 1882
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$2.497b
- Shares outstanding: 162.99m
- Website: https://www.fult.com
Number of Employees
- Fulton Financial Corporation
- One Penn Square
- PO Box 4887
- United States
Fulton Financial Corporation operates as a financial holding company that provides banking and financial services to businesses and consumers. It accepts various checking accounts and savings deposit produ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/01 22:08|
|End of Day Share Price||2021/07/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.