Fulton Financial Corporation (FULT) Income Statement
FULT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFULT revenue and net income
Where FULT's revenue goes
2025Each bar shows an amount and its share of revenue. FULT kept 20.7% of revenue as net income.
FULT profit margins
FULT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.0% | +20.1% | +14.2% | +9.5% |
| Gross profit | +12.8% | +8.8% | +10.3% | +6.5% |
| Operating income | +40.9% | +11.9% | +19.1% | +9.3% |
| Net income | +35.6% | +10.9% | +17.1% | +10.1% |
| EPS (diluted) | +17.3% | +7.2% | +13.3% | +9.8% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FULT quarterly EPS vs estimates
Fulton Financial beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 21, 2026 (estimate $0.55).
FULT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.89B | $1.80B | $1.50B | $1.09B | $997.2M | $972.3M | $1.04B | $954.0M | $871.7M | $793.3M |
| Cost of revenue | $616.2M | $670.1M | $473.0M | $103.3M | $45.1M | $190.6M | $209.7M | $175.0M | $116.8M | $95.5M |
| Gross profit | $1.28B | $1.13B | $1.03B | $988.7M | $952.1M | $781.7M | $831.7M | $779.1M | $754.9M | $697.8M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $530.7M | $464.7M | $405.5M | $376.3M | $345.1M | $338.4M | $330.5M | $323.0M | $309.2M | $300.2M |
| Total operating expenses | $789.5M | $786.0M | $679.2M | $641.7M | $617.8M | $579.4M | $567.7M | $546.1M | $520.5M | $489.5M |
| Operating income | $485.6M | $344.6M | $348.7M | $347.0M | $334.2M | $202.2M | $264.0M | $233.0M | $234.5M | $208.2M |
| Interest income | $1.62B | $1.58B | $1.20B | $864.8M | $723.4M | $742.9M | $825.3M | $758.5M | $668.9M | $603.1M |
| Interest expense | $580.5M | $621.9M | $418.9M | $83.2M | $59.7M | $113.7M | $176.9M | $128.1M | $93.5M | $82.3M |
| Income before taxes | $485.6M | $344.6M | $348.7M | $347.0M | $334.2M | $202.2M | $264.0M | $233.0M | $234.5M | $208.2M |
| Income taxes | $94.0M | $55.9M | $64.4M | $60.0M | $58.7M | $24.2M | $37.6M | $24.6M | $62.7M | $46.6M |
| Net income | $391.6M | $288.7M | $284.3M | $287.0M | $275.5M | $178.0M | $226.3M | $208.4M | $171.8M | $161.6M |
| EBITDA | $536.3M | $401.6M | $381.7M | $378.9M | $363.6M | $231.6M | $293.6M | $261.1M | $262.6M | $235.7M |
| EPS (diluted) | $2.17 | $1.85 | $1.70 | $1.76 | $1.80 | $1.16 | $1.38 | $1.18 | $1.07 | $0.93 |
| Gross margin | 67.4% | 62.8% | 68.5% | 90.5% | 95.5% | 80.4% | 79.9% | 81.7% | 86.6% | 88.0% |
| Operating margin | 25.7% | 19.1% | 23.2% | 31.8% | 33.5% | 20.8% | 25.3% | 24.4% | 26.9% | 26.3% |
| Net margin | 20.7% | 16.0% | 18.9% | 26.3% | 27.6% | 18.3% | 21.7% | 21.8% | 19.7% | 20.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $507.5M | $454.6M | $471.8M | $481.2M | $471.9M | $466.9M | $484.4M | $494.2M | $425.3M | $396.8M | $397.5M | $386.3M |
| Cost of revenue | $148.8M | $142.5M | $140.3M | $157.1M | $156.4M | $162.4M | $177.4M | $181.6M | $167.4M | $143.7M | $135.9M | $126.5M |
| Gross profit | $358.7M | $312.1M | $331.5M | $324.2M | $315.5M | $304.5M | $306.9M | $312.6M | $257.9M | $253.2M | $261.6M | $259.9M |
| Sales, general & admin | $165.3M | $132.1M | $190.5M | $118.8M | $109.7M | $111.6M | $116.5M | $126.2M | $119.4M | $102.5M | $105.5M | $103.4M |
| Total operating expenses | $231.0M | $195.0M | $211.4M | $196.4M | $192.8M | $189.5M | $220.7M | $233.0M | $154.7M | $177.6M | $180.6M | $171.0M |
| Operating income | $127.7M | $117.1M | $120.1M | $127.8M | $122.7M | $115.1M | $86.2M | $79.7M | $103.2M | $75.6M | $81.0M | $88.8M |
| Interest income | $428.2M | $390.1M | $403.4M | $411.0M | $402.8M | $399.7M | $414.4M | $427.7M | $400.5M | $339.7M | $338.1M | $330.4M |
| Interest expense | $143.9M | $128.0M | $137.4M | $146.8M | $147.8M | $148.5M | $160.7M | $169.6M | $158.8M | $132.7M | $126.1M | $116.5M |
| Income before taxes | $127.7M | $117.1M | $120.1M | $127.8M | $122.7M | $115.1M | $86.2M | $79.7M | $103.2M | $75.6M | $81.0M | $88.8M |
| Income taxes | $25.3M | $22.4M | $21.1M | $27.3M | $23.5M | $22.1M | $17.6M | $16.5M | $8.2M | $13.6M | $16.8M | $16.7M |
| Net income | $102.4M | $94.8M | $99.0M | $100.5M | $99.2M | $93.0M | $68.6M | $63.2M | $95.0M | $61.9M | $64.3M | $72.1M |
| EBITDA | $146.2M | $129.3M | $132.5M | $140.1M | $135.2M | $128.6M | $108.9M | $93.1M | $115.7M | $83.9M | $89.5M | $97.0M |
| EPS (diluted) | $0.60 | $0.55 | $0.55 | $0.55 | $0.55 | $0.52 | $0.48 | $0.50 | $0.47 | $0.40 | $0.42 | $0.43 |
| Gross margin | 70.7% | 68.7% | 70.3% | 67.4% | 66.8% | 65.2% | 63.4% | 63.3% | 60.6% | 63.8% | 65.8% | 67.3% |
| Operating margin | 25.2% | 25.8% | 25.5% | 26.6% | 26.0% | 24.6% | 17.8% | 16.1% | 24.3% | 19.0% | 20.4% | 23.0% |
| Net margin | 20.2% | 20.8% | 21.0% | 20.9% | 21.0% | 19.9% | 14.2% | 12.8% | 22.3% | 15.6% | 16.2% | 18.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FULT's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FULT financial results
In fiscal year 2025 (ended December 31, 2025), Fulton Financial reported revenue of $1.9 billion, up 5.0% from the year before. It had net income of $391.6 million (up 35.6%), a net profit margin of 20.7%. Diluted earnings per share came to $2.17. Over five years revenue grew at an average rate of 14.2% a year.
See the FULT stock overview for the latest quote and news, or the FULT chart for price history and technical indicators.
FULT income statement FAQ
What is Fulton Financial's annual revenue?
Fulton Financial reported total revenue of $1.9 billion for fiscal year 2025, which ended on December 31, 2025. That was up 5.0% from $1.8 billion the previous year.
Is Fulton Financial profitable?
Yes. Fulton Financial reported net income of $391.6 million in fiscal 2025, a net profit margin of 20.7%; its operating margin was 25.7%.
What is Fulton Financial's gross margin?
Fulton Financial's gross margin was 67.4% in fiscal 2025: for every $100 of revenue, Fulton Financial kept $67 after the direct cost of its products and services.
How fast is Fulton Financial growing?
Revenue grew 14.2% a year on average over the last five fiscal years, from $972.3 million to $1.9 billion.
What are Fulton Financial's earnings per share?
Fulton Financial earned $2.17 per diluted share in fiscal 2025, compared with $1.85 a year earlier.
When will Fulton Financial report its next earnings?
Fulton Financial is expected to report results for the quarter ending September 30, 2026 on October 21, 2026 after the market closes.
When does Fulton Financial's fiscal year end?
Fulton Financial's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.