Fulton Financial: Q4 Earnings Snapshot

Published: 2022-01-18 17:24:03 ET FULT

LANCASTER, Pa. (AP) _ Fulton Financial Corp. (FULT) on Tuesday reported fourth-quarter profit of $61.9 million.

The Lancaster, Pennsylvania-based bank said it had earnings of 37 cents per share.

The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 37 cents per share.

The financial holding company posted revenue of $241.6 million in the period. Its revenue net of interest expense was $232.7 million, topping Street forecasts. Three analysts surveyed by Zacks expected $225.6 million.

For the year, the company reported profit of $275.5 million, or $1.62 per share. Revenue was reported as $949.8 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FULT at https://www.zacks.com/ap/FULT