How did FULTP's Q4 earnings surprise impact its annual performance?

**Fulton Financial Corporation's (FULTP) Q4 earnings surprise had a positive impact on its annual performance**, as evidenced by several key metrics and strategic initiatives:

1. **Record Operating Earnings**: FULTP reported record operating earnings of $0.50 per diluted share for Q3 2024, which contributed to a strong annual performance. This marked an significant improvement over the previous year's performance.
2. **Net Income Growth**: The company's net income for the year was $278.5 million, with a notable increase of $43.1 million compared to the prior year. This growth was driven by factors such as strong loan and deposit growth and effective cost management.
3. **Strategic Initiatives**: FULTP's dynamic growth strategy, supported by recent acquisitions and ongoing investment in digital technologies, has bolstered its market position and contributed to its financial performance. The consolidation of financial centers under the FultonFirst plan has also been a key factor in its success.
4. **Dividend Increase and Stock Repurchase Program**: The company's announcement of a dividend increase and a $125 million stock repurchase program reflects its strong financial standing and commitment to shareholder value. This move is likely to have boosted investor confidence and attracted more investors to the stock.
5. **Analyst Optimism**: Analysts have expressed optimism about FULTP's future performance, with forecasts of continued growth in key metrics such as net interest income and non-interest income. This positive outlook is a testament to the company's strong annual performance and potential for further growth.

In conclusion, FULTP's Q4 earnings surprise, which included a significant increase in net income and operating earnings, has had a positive ripple effect on its annual performance. The company's strategic initiatives, financial growth, and commitment to shareholder value have all contributed to a strong financial standing and a promising outlook for the future.