Fulton Financial Files 8-K on Operations & Financial Condition
Ticker: FULTP · Form: 8-K · Filed: Jan 16, 2024 · CIK: 700564
| Field | Detail |
|---|---|
| Company | Fulton Financial Corp (FULTP) |
| Form Type | 8-K |
| Filed Date | Jan 16, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $2.50 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K, bank
TL;DR
**Fulton Financial just dropped an 8-K on its financials, time to check the numbers.**
AI Summary
Fulton Financial Corporation filed an 8-K on January 16, 2024, to report on its results of operations and financial condition. This filing indicates that the company is providing an update on its financial performance, which is crucial for investors to understand the health and trajectory of the bank. For shareholders or potential buyers, this matters because it offers transparency into the company's recent financial activities, helping them assess the stock's value and future prospects.
Why It Matters
This filing provides investors with the latest financial health update for Fulton Financial, essential for evaluating its performance and making informed investment decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial information, not indicating any immediate new risks but rather providing transparency.
Analyst Insight
A smart investor would review the detailed financial statements and results of operations that accompany this 8-K to understand the company's recent performance and financial health before making any investment decisions.
Key Numbers
- $2.50 — Common Stock Par Value (The par value of Fulton Financial's common stock.)
Key Players & Entities
- Fulton Financial Corporation (company) — registrant filing the 8-K
- The Nasdaq Stock Market, LLC (company) — exchange where FULT and FULTP are registered
- $2.50 (dollar_amount) — par value of common stock
- January 16, 2024 (date) — date of earliest event reported and filing date
FAQ
What is the purpose of this 8-K filing by Fulton Financial Corporation?
The purpose of this 8-K filing by Fulton Financial Corporation, dated January 16, 2024, is to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as per Item Information.
What is the trading symbol for Fulton Financial Corporation's common stock?
The trading symbol for Fulton Financial Corporation's common stock, with a par value of $2.50, is FULT on The Nasdaq Stock Market, LLC.
On which exchange are Fulton Financial Corporation's securities registered?
Fulton Financial Corporation's securities, including Common stock (FULT) and Depositary Shares, Series A (FULTP), are registered on The Nasdaq Stock Market, LLC.
What is the state of incorporation for Fulton Financial Corporation?
Fulton Financial Corporation's state of incorporation is Pennsylvania, as stated in the filing.
What is the business address and phone number of Fulton Financial Corporation?
The business address for Fulton Financial Corporation is One Penn Square, P.O. Box 4887, Lancaster, Pennsylvania 17604, and their business phone number is (717) 291-2411.
Filing Stats: 1,079 words · 4 min read · ~4 pages · Grade level 12 · Accepted 2024-01-16 16:50:06
Key Financial Figures
- $2.50 — ich registered Common stock, par value $2.50 FULT The Nasdaq Stock Market, LLC Depo
Filing Documents
- fult-20240116.htm (8-K) — 34KB
- exhibit991123123earningsre.htm (EX-99.1) — 1106KB
- exhibit992123123earnings.htm (EX-99.2) — 18KB
- exhibit992123123earnings001.jpg (GRAPHIC) — 178KB
- exhibit992123123earnings002.jpg (GRAPHIC) — 296KB
- exhibit992123123earnings003.jpg (GRAPHIC) — 134KB
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- exhibit992123123earnings011.jpg (GRAPHIC) — 115KB
- exhibit992123123earnings012.jpg (GRAPHIC) — 71KB
- exhibit992123123earnings013.jpg (GRAPHIC) — 101KB
- exhibit992123123earnings014.jpg (GRAPHIC) — 177KB
- exhibit992123123earnings015.jpg (GRAPHIC) — 82KB
- exhibit992123123earnings016.jpg (GRAPHIC) — 178KB
- exhibit992123123earnings017.jpg (GRAPHIC) — 107KB
- exhibit992123123earnings018.jpg (GRAPHIC) — 118KB
- exhibit992123123earnings019.jpg (GRAPHIC) — 108KB
- exhibit992123123earnings020.jpg (GRAPHIC) — 84KB
- 0000700564-24-000005.txt ( ) — 5131KB
- fult-20240116.xsd (EX-101.SCH) — 2KB
- fult-20240116_def.xml (EX-101.DEF) — 16KB
- fult-20240116_lab.xml (EX-101.LAB) — 31KB
- fult-20240116_pre.xml (EX-101.PRE) — 16KB
- fult-20240116_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 16, 2024, Fulton Financial Corporation (the "Corporation") issued a press release (the "Press Release") announcing its results of operations for the fourth quarter and year ended December 31, 2023. A copy of the Press Release and supplementary financial information which accompanied the Press Release are attached as Exhibit 99.1 to this Current Report on Form 8-K (this "Current Report") and are incorporated herein by reference. The Corporation also posted on its Investor Relations website, www.fultonbank.com , presentation materials the Corporation intends to use during a conference call and webcast to discuss those results on Wednesday, January 17, 2024 at 10:00 a.m. eastern time. A copy of the presentation materials is attached as Exhibit 99.2 to this Current Report and is incorporated herein by reference. The information included in Exhibit 99.1 shall be deemed filed for purposes of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and therefore may be incorporated by reference in filings under the Securities Act of 1933, as amended (the "Securities Act"). The information included in Exhibit 99.2 is being furnished and shall not be deemed filed for purposes of the Exchange Act or be incorporated by reference in any filing under the Securities Act.
Forward-Looking Statements
Forward-Looking Statements This Current Report, including Exhibits 99.1 and 99.2 may contain forward-looking statements with respect to the Corporation's financial condition, results of operations and business. Do not unduly rely on forward-looking statements. Forward-looking statements can be identified by the use of words such as "may," "should," "will," "could," "estimates," "predicts," "potential," "continue," "anticipates," "believes," "plans," "expects," "future," "intends," "projects," the negative of these terms and other comparable terminology. These forward-looking statements may include projections of, or guidance on, the Corporation's future financial performance, expected levels of future expenses, including future credit losses, anticipated growth strategies, descriptions of new business initiatives and anticipated trends in the Corporation's business or financial results. Management's "2024 Outlook" contained in Exhibit 99.2 to this Current Report is comprised of forward-looking statements. Forward-looking statements are neither historical facts nor assurance of future performance. Instead, the statements are based on current beliefs, expectations and assumptions regarding the future of the Corporation's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Corporation's control, and actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not unduly rely on any of these forward-looking statements. Any forward-looking statement is based only on information currently available and speaks only as of the date when made. The Corporation undertakes no obligation, other than as required by law, to update
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press release dated January 16, 2024 containing financial information for the quarter and year ended December 31, 2023, deemed filed under the Securities Exchange Act of 1934. 99.2 Presentation materials to be discussed during the conference call and webcast on January 17, 2024, deemed furnished under the Securities Exchange Act of 1934. 104 Cover page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 16, 2024 FULTON FINANCIAL CORPORATION By: /s/ Mark R. McCollom Mark R. McCollom Senior Executive Vice President and Chief Financial Officer