“Excluding FultonFirst implementation and asset disposals, acquisition-related expenses and the Blue Foundry Merger impact, the remaining $19.2 million increase in non-interest expense was driven by a $12.8 million increase in salaries and employee benefits ex…”10-Q · Aug 7, 2026 ↗
Fulton Financial Corporation
FULT
Market read
Fulton Financial Corporation's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 7 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
- Rate changes reduced quarterly interest expense, while deposit volume added cost after the Blue Foundry merger.
- Deposits increased across savings, time, interest-bearing demand, and brokered categories in the latest reported period.
Invalidation: The isolated read changes if FULT's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 7 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Rate changes reduced quarterly interest expense, while deposit volume added cost after the Blue Foundry merger.
- Deposits increased across savings, time, interest-bearing demand, and brokered categories in the latest reported period.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Net margin changed +43.9 percentage points in the latest annual period.
- Latest annual revenue changed -6.5% year over year.
- Diluted shares increased 3.4% in the latest annual period.
- Credit and interest rates has repeated adverse evidence across 5 filings.
- Demand and volume has repeated adverse evidence across 5 filings.
- P/E is 15% below the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 43% below the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 10, 2026
23.59Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“The increase in total deposits was primarily due to a $764.4 million increase in savings and money market deposits, a $611.0 million increase in time deposits, a $175.9 million increase in interest-bearing demand deposits and a $120.2 million increase in brok…”10-Q · Aug 7, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 15.6× · EV/sales 15.6×. Comparisons use only industry-matched filing peers.
Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 10:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for FULT. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for FULT. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind FULT
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depended on by
KOThe Coca-Cola CompanypartnerFeb 20, 2026 ▾
“2002CV631-50) in the Superior Court of Fulton County, Georgia (“Georgia case”), seeking a declaratory judgment that the Company has no obligation to its former subsidiary, Aqua-Chem, Inc., now known as Cleaver-Brooks, Inc.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 8 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
FULT is currently a Leader in the organic co-movement group Regional Banks. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.