FULT Fulton Financial Corp

Price (delayed)

$18.48

Market cap

$3.37B

P/E Ratio

10.74

Dividend/share

$0.71

EPS

$1.72

Enterprise value

$4.33B

Fulton, a $25.5 billion, Lancaster, Pa.-based financial holding company, has approximately 3,400 employees and operates approximately 225 branches in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through Fulton Bank, N.A.

Highlights
The company's gross profit rose by 14% YoY
Fulton Financial's revenue has increased by 14% YoY
Fulton Financial's debt has decreased by 19% YoY but it has increased by 7% QoQ
FULT's price to earnings (P/E) is 7% higher than its 5-year quarterly average of 10.0 but 3.2% lower than its last 4 quarters average of 11.1

Key stats

What are the main financial stats of FULT
Market
Shares outstanding
182.1M
Market cap
$3.37B
Enterprise value
$4.33B
Valuations
Price to earnings (P/E)
10.74
Price to book (P/B)
1.01
Price to sales (P/S)
2.73
EV/EBIT
10.74
EV/EBITDA
9.31
EV/Sales
3.53
Earnings
Revenue
$1.23B
Gross profit
$1.23B
Operating income
$403.62M
Net income
$324.01M
EBIT
$403.62M
EBITDA
$465.69M
Free cash flow
$135.6M
Per share
EPS
$1.72
EPS diluted
$1.71
Free cash flow per share
$0.75
Book value per share
$18.31
Revenue per share
$6.76
TBVPS
$172.81
Balance sheet
Total assets
$32.04B
Total liabilities
$28.71B
Debt
$1.77B
Equity
$3.33B
Working capital
N/A
Liquidity
Debt to equity
0.53
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
2.08
Margins
EBITDA margin
37.9%
Gross margin
100%
Net margin
26.4%
Operating margin
32.9%
Efficiency
Return on assets
1%
Return on equity
9.7%
Return on invested capital
1.3%
Return on capital employed
N/A
Return on sales
32.9%
Dividend
Dividend yield
3.84%
DPS
$0.71
Payout ratio
41.3%

FULT stock price

How has the Fulton Financial stock price performed over time
Intraday
3.7%
1 week
4.29%
1 month
-3.3%
1 year
7.01%
YTD
-4.15%
QTD
2.44%

Financial performance

How have Fulton Financial's revenue and profit performed over time
Revenue
$1.23B
Gross profit
$1.23B
Operating income
$403.62M
Net income
$324.01M
Gross margin
100%
Net margin
26.4%
The operating income has increased by 16% YoY and by 5% from the previous quarter
The company's gross profit rose by 14% YoY
Fulton Financial's revenue has increased by 14% YoY
Fulton Financial's net income has increased by 10% YoY

Price vs fundamentals

How does FULT's price correlate with its fundamentals

Growth

What is Fulton Financial's growth rate over time

Valuation

What is Fulton Financial stock price valuation
P/E
10.74
P/B
1.01
P/S
2.73
EV/EBIT
10.74
EV/EBITDA
9.31
EV/Sales
3.53
FULT's price to earnings (P/E) is 7% higher than its 5-year quarterly average of 10.0 but 3.2% lower than its last 4 quarters average of 11.1
FULT's P/B is 12% above its 5-year quarterly average of 0.9
FULT's equity is up by 7% year-on-year
Fulton Financial's revenue has increased by 14% YoY
FULT's P/S is 5% above its 5-year quarterly average of 2.6 but 2.5% below its last 4 quarters average of 2.8

Efficiency

How efficient is Fulton Financial business performance
Fulton Financial's return on invested capital has increased by 8% QoQ and by 8% YoY
The ROE has contracted by 4% YoY
FULT's ROS is up by 4.1% from the previous quarter

Dividends

What is FULT's dividend history
DPS
$0.71
Dividend yield
3.84%
Payout ratio
41.3%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Fulton Financial financials performed over time
The company's total assets is 12% higher than its total liabilities
Fulton Financial's debt is 47% lower than its equity
The debt to equity has contracted by 24% YoY but it has grown by 3.9% from the previous quarter
Fulton Financial's debt has decreased by 19% YoY but it has increased by 7% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.