Fulton Financial Earnings Preview: Revenue Expected to Decline 5% YOY

Fulton Financial is set to announce its earnings on Tuesday after the bell. The regional banking company beat analysts' revenue expectations by 1.8% last quarter, with revenues of $318.4 million, up 20.6% year on year. This quarter, analysts expect a 5% year-on-year decline in revenue to $318 million and adjusted earnings of $0.45 per share. Analysts have generally reconfirmed their estimates, suggesting the business will stay on course heading into earnings. The company is up 11.2% in the last month and has an average analyst price target of $19.80.

Fulton Financial Corporation (FULT) is scheduled to release its second-quarter 2025 earnings after the market closes on Tuesday, July 15. Analysts project that the regional banking company will report quarterly earnings of $0.43 per share, a decline of 8.5% year over year. Revenue is expected to reach $323.4 million, a 4.7% decrease from the same quarter last year [1].

Analysts have revised their earnings per share (EPS) estimate downward by 1.9% in the past 30 days, reflecting a more cautious outlook. The consensus EPS estimate stands at $0.43 per share, down from $0.44 per share in the previous quarter [1].

Key metrics forecasted by analysts include:

- Net Interest Margin (NIM): Expected to reach 3.4%, unchanged from the previous year [1].
- Efficiency Ratio: Projected to be 61.9%, down from 62.6% in the same quarter last year [1].
- Total Non-Interest Income (TNI): Estimated at $67.40 million, compared to $92.99 million in the prior year [1].
- Net Interest Income (FTE): Expected to be $255.50 million, up from $246.28 million in the previous year [1].

FULT shares have shown a 10.1% return over the past month, outperforming the Zacks S&P 500 composite's 4.4% change. The company has a Zacks Rank #2 (Buy), indicating positive future performance [1].

Fulton Financial is expected to announce a quarterly dividend of $0.18 per share on Tuesday, July 15, payable on Tuesday, July 1st. This represents an annualized dividend of $0.72 and a yield of 3.80% [2].

Large institutional investors, including hedge funds and other investment firms, have increased their stakes in FULT. For example, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings by 4.6% in the first quarter, while Jane Street Group LLC raised its position by 914.9% during the same period [2].

Analyst ratings for FULT have been mixed. DA Davidson maintained a "neutral" rating with a $20.00 price target, while Keefe, Bruyette & Woods and Piper Sandler reduced their price targets to $21.00 and $20.00, respectively. The consensus rating among analysts is "Hold" with an average target price of $20.88 [2].

Fulton Financial's performance in the second quarter is expected to be closely watched by investors and analysts. The company's ability to maintain its financial health and meet analyst expectations will be crucial in determining its stock performance.

References:
[1] https://www.nasdaq.com/articles/unveiling-fulton-financial-fult-q2-outlook-wall-street-estimates-key-metrics
[2] https://www.marketbeat.com/instant-alerts/fulton-financial-fult-expected-to-announce-earnings-on-tuesday-2025-07-08/