Company data sheet · Fulton Financial
Fulton Financial: leaders came and went.
- Industry
- National Commercial Banks
- Ticker
- FULT (Nasdaq)
- Sources
- SEC filings (1995–2026), Stratrix's verified Decision Cases, market data and official economic statistics
- Data as of
- November 15, 2026
- Leaders came and went. Fulton Financial filed 27 leadership changes since 2016, more than 81% of large financial companies (the median is 15). The day after each, its shares moved a median 0.2 points against its sector. The news was rarely news.
- Profitable every year. Fulton Financial made money in each of its last ten fiscal years, from $0.2 billion (2016) to $0.4 billion (2025).
Financial results
| Fiscal year | Revenue | Net income |
|---|
As reported in its annual filings. Losses in red.
Has Fulton Financial had layoffs?
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 3,400 | December 31, 2023 |
| 10-K for 2024 | approximately 3,400 | December 31, 2024 and December 31, 2023 |
| 10-K for 2025 | approximately 3,400 | December 31, 2025 |
Job cuts, severance and restructuring
Consolidated 15 financial centers as part of the FultonFirst initiative, recording pre-tax costs for write-offs, severance and lease termination.
“In the fourth quarter of 2024, in connection with the FultonFirst initiative, the Corporation recorded pre-tax costs of $8.5 million in connection with the Corporation's plan to consolidate 15 financial centers in early 2025.” 10-K for 2024
Recorded acquisition-related costs for the Republic First transaction that included severance expenses, among other items, and closed 13 financial center offices.
“The Corporation recorded pre-tax costs of approximately $9.8 million reflected in acquisition-related expenses in the Consolidated Statements of Income for the year ended December 31, 2024, consisting of write-offs of premises and equipment and related expenses, severance expenses and lease termination charges.” 10-K for 2024
The company said it has incurred and expects to incur significant one-time Merger costs, including severance and employee benefit-related costs.
“These costs include legal, financial advisory, accounting, consulting and other advisory fees, severance/employee benefit-related costs, public company filing fees and other regulatory fees, financial printing and other printing costs and other related costs.” 10-K for 2025
Fulton Financial filed 2 restructuring notices (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
What has Fulton Financial acquired?
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Prudential Bancorp, Inc.“The acquisition by the Corporation of Prudential Bancorp effective as of July 1, 2022 Merger Agreement Agreement and Plan of Merger, dated as of March 1, 2022, between the Corporation and Prudential Bancorp Merger Consideration For each share of Prudential Bancorp common stock, $3.65 in cash and 0.7974 of a share of the Corporation's common stock, with cash paid in lieu of each fractional share of the Corporation's common stock that would otherwise be issued, determined by multiplying such fractional share amount by $18.25 MSRs Mortgage servicing rights NDAA National Defense Authorization Act Net loans Loans and lease receivables, (net of unearned income) 4 NIM Net interest margin NIST National Institute of Standards and Technology N/M Not meaningful NMTC New Market Tax Credits OBS Off-Balance-Sheet OCC Office of the Comptroller of the Currency OCI Other comprehensive income OREO Other real estate owned Parent Company Fulton Financial Corporation individually Patriot Act USA PATRIOT Act of 2001 PD Probability of default Pension Plan Fulton Financial Affiliates' Defined Benefit Pension Plan Postretirement Plan Postretirement Benefits Plan Prudential Bancorp Prudential Bancorp, Inc.” 10-K for 2023 | acquisition | July 1, 2022 | — |
Republic First Bank“On April 26, 2024, the Corporation consummated the Republic First Transaction.” 10-K for 2024 | acquisition | April 26, 2024 | — |
40 financial center office locations sold to certain affiliates of Blue Owl Capital Inc. (Sale-Leaseback Transaction)“Sale of 40 financial center office locations to certain affiliates of Blue Owl Capital Inc. with concurrent agreements to lease each of the locations” 10-K for 2024 | divestiture | — | — |
Blue Foundry Bancorp“On November 24, 2025, the Corporation entered into the Merger Agreement with Blue Foundry.” 10-K for 2025 | agreed acquisition | November 24, 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2017-12-31 | $0 | — |
| 2018-12-31 | $0 | — |
| 2019-12-31 | $5.2 million | $2.1 million |
| 2020-12-31 | $1.9 million | — |
| 2021-12-31 | $2 million | — |
| 2022-12-31 | $21.8 million | — |
| 2023-12-31 | $0 | — |
| 2024-12-31 | $1.02 billion | — |
| 2025-12-31 | $0 | — |
Deal filings since 2016
- 2026-04-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-11-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-02-28 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2024-05-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-05-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-04-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-04-29 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2022-03-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-12-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-10-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-03-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-02-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-11-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-03-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-07-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
What are Fulton Financial's subsidiaries?
Subsidiaries it lists
| Subsidiary | Jurisdiction |
|---|---|
| Fulton Bank, N.A. | United States of America |
| Fulton Financial Realty Company | Pennsylvania |
| Central Pennsylvania Financial Corp. | Pennsylvania |
| Fulton Insurance Services Group, Inc. | Pennsylvania |
| FFC Penn Square, Inc. | Delaware |
| Fulton Community Partner, LLC | Delaware |
From Exhibit 21 of the 10-K for 2025. Companies must list their significant subsidiaries there and may leave out smaller ones, so this is the company’s own list, not every entity it owns.
Layoffs, acquisitions, competitors and subsidiaries are read from Fulton Financial’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023), as of 2026-02-27.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Market reaction to disclosed decisions: 42 decision filings since 2016, each linked to the SEC, with the share return against its sector and the US market the next day and the next year (31 with market data).
- Peer comparison: against 505 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
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