FULT Fulton Financial margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 80

Gross margin

100%

Operating margin

37.1%

EBITDA margin

40.8%

Net margin

30.1%

Current Fulton Financial reports a gross margin of 100%, an operating margin of 37.1%, an EBITDA margin of 40.8%, and a net margin of 30.1%. Of the available margins, net margin increased the most and EBITDA margin fell the most, by 1.1 and 0.3 percentage points respectively.

FULT margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Fulton Financial's margins averaged 100% gross, 34.13% operating, 38.19% EBITDA, and 27.88% net. For Fulton Financial, operating, EBITDA, and net margins are above their three-year averages.

FULT margin expansion

Year-over-year margin changes in percentage points

The strongest improvement was in net margin, which increased by 1.1 percentage points, and operating margin also expanded by 0.9 percentage points, whereas EBITDA margin contracted by 0.3 percentage points.

Gross margin expansion

0pp

Operating margin expansion

0.9pp

EBITDA margin expansion

-0.3pp

Net margin expansion

1.1pp

FULT Gross margin

The average gross margin for Fulton Financial was 100% in the last 3 years. Compared with its three-year average, Fulton Financial's current gross margin is 100% and is in line with its three-year average. The gross margin for Fulton Financial moved between 100% in Dec 2023 and 100% in Sep 2026.

FULT Operating margin

Over the last 3 years, the average operating margin for Fulton Financial was 34.13%. The latest operating margin for Fulton Financial is 37.1%, 3 percentage points above its three-year average. Fulton Financial's operating margin ranged from a low of 29.6% in Dec 2024 to a high of 38% in Dec 2025.

FULT EBITDA margin

Fulton Financial recorded an average EBITDA margin of 38.19% across the last 3 years. Fulton Financial currently reports an EBITDA margin of 40.8%, 2.6 percentage points above its three-year average. The highest EBITDA margin for Fulton Financial was 42% in Dec 2025, while the lowest was 34% in Sep 2024.

FULT Net margin

In the last 3 years, Fulton Financial had an average net margin of 27.88%. Against its three-year average, Fulton Financial's net margin is currently 30.1%, 2.2 percentage points above its three-year average. Looking back over the last 3 years, Fulton Financial's net margin reached 30.7% at its highest point in Dec 2025 and 24.8% at its lowest in Dec 2024.

FULT margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 100%, FULT ranks higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 83.5%, Fulton Financial's gross margin is 20% higher.

FULT margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Fulton Financial's gross margin?

For the period ending Sep 30, 2026, FULT recorded a gross margin of 100%.

What is Fulton Financial's operating margin?

For the period ending Sep 30, 2026, FULT recorded an operating margin of 37.1%.

What is Fulton Financial's EBITDA margin?

For the period ending Sep 30, 2026, FULT recorded an EBITDA margin of 40.8%.

What is Fulton Financial's net margin?

For the period ending Sep 30, 2026, FULT recorded a net margin of 30.1%.

What are the average margins of FULT?

The three-year average margins for FULT were 100.0% gross, 34.1% operating, 38.2% EBITDA, and 27.9% net.

What are the highest historical margins of FULT?

Looking back across 5 years, FULT reached 100% gross in Sep 2026, 38.6% operating in Dec 2021, 42% EBITDA in Dec 2025, and 30.7% net in Dec 2025.

What are the lowest historical margins of FULT?

Over this 5-year history, Fulton Financial's margins fell as low as 100% gross in Dec 2021, 29.6% operating in Dec 2024, 34% EBITDA in Sep 2024, and 24.8% net in Dec 2024.