Fulton Financial Corp Files 8-K
Ticker: FULTP · Form: 8-K · Filed: Dec 17, 2024 · CIK: 700564
| Field | Detail |
|---|---|
| Company | Fulton Financial Corp (FULTP) |
| Form Type | 8-K |
| Filed Date | Dec 17, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $2.50, $12.81, $0.32025, $125 million, $25 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, regulatory-filing, financials
Related Tickers: FULT
TL;DR
FULTON FINANCIAL CORP FILED AN 8-K ON DEC 17, 2024, REPORTING REG FD AND FINANCIALS.
AI Summary
Fulton Financial Corporation filed an 8-K on December 17, 2024, reporting information related to Regulation FD and financial statements. The filing details the company's principal executive offices in Lancaster, Pennsylvania, and its standard industrial classification as National Commercial Banks.
Why It Matters
This filing provides official updates and disclosures from Fulton Financial Corporation to the SEC, which can impact investor understanding of the company's regulatory compliance and financial reporting.
Risk Assessment
Risk Level: low — This is a routine regulatory filing (8-K) that primarily contains information about financial statements and disclosures, rather than significant operational changes or market-moving events.
Key Numbers
- 001-39680 — SEC File Number (Identifies the company's filing with the SEC.)
- 23-2195389 — I.R.S. Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Fulton Financial Corporation (company) — Registrant
- Pennsylvania (location) — State of incorporation
- Lancaster, Pennsylvania (location) — Principal Executive Offices
- December 17, 2024 (date) — Date of Report
FAQ
What is the primary purpose of this 8-K filing for Fulton Financial Corporation?
The primary purpose is to report information related to Regulation FD Disclosure and Financial Statements and Exhibits, as of December 17, 2024.
Where are Fulton Financial Corporation's principal executive offices located?
The principal executive offices are located at One Penn Square, P. O. Box 4887, Lancaster, Pennsylvania, 17604.
What is Fulton Financial Corporation's Standard Industrial Classification?
Fulton Financial Corporation's Standard Industrial Classification is National Commercial Banks [6021].
What is the date of the earliest event reported in this filing?
The date of the earliest event reported is December 17, 2024.
What is the company's telephone number?
The registrant's telephone number, including area code, is (717) 291-2411.
Filing Stats: 833 words · 3 min read · ~3 pages · Grade level 12.1 · Accepted 2024-12-17 16:35:48
Key Financial Figures
- $2.50 — ich registered Common stock, par value $2.50 FULT The Nasdaq Stock Market, LLC Depo
- $12.81 — Board declared a quarterly dividend of $12.81 per share (equivalent to $0.32025 per d
- $0.32025 — dend of $12.81 per share (equivalent to $0.32025 per depositary share) on its Fixed Rate
- $125 million — ggregate principal amount not to exceed $125 million (the "2025 Program") commencing on Janu
- $25 million — 31, 2025. Under the 2025 Program, up to $25 million may be used to repurchase shares of Ful
Filing Documents
- fult-20241217.htm (8-K) — 30KB
- exhibit991pressrelease.htm (EX-99.1) — 6KB
- 0000700564-24-000056.txt ( ) — 203KB
- fult-20241217.xsd (EX-101.SCH) — 2KB
- fult-20241217_def.xml (EX-101.DEF) — 16KB
- fult-20241217_lab.xml (EX-101.LAB) — 28KB
- fult-20241217_pre.xml (EX-101.PRE) — 16KB
- fult-20241217_htm.xml (XML) — 4KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On December 17, 2024, Fulton Financial Corporation ("Fulton") announced that its Board of Directors (the "Board") declared a quarterly cash dividend of eighteen cents per share on its common stock, payable on January 15, 2025, to shareholders of record as of December 31, 2024. This is a one cent per share increase from the quarterly cash dividend that the Board declared on September 17, 2024. In addition, Fulton announced that the Board declared a quarterly dividend of $12.81 per share (equivalent to $0.32025 per depositary share) on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (the "Preferred Stock"), payable on January 15, 2025, to shareholders of record as of December 31, 2024, for the period from and including October 15, 2024 to, but excluding, January 15, 2025. Fulton also announced that the Board approved the repurchase of shares of Fulton's common stock and other securities in an aggregate principal amount not to exceed $125 million (the "2025 Program") commencing on January 1, 2025 and expiring on December 31, 2025. Under the 2025 Program, up to $25 million may be used to repurchase shares of Fulton's Preferred Stock. Purchases may be made from time to time under the 2025 Program in open market transactions at prevailing market prices, in privately negotiated transactions or by other means in accordance with federal securities laws. The 2025 Program may be discontinued at any time at the discretion of the Board and does not commit Fulton to repurchase any of its securities. Purchases, if any, will be determined by management in its discretion and will depend upon a number of factors, including Fulton's capital position, liquidity, financial performance and alternate uses of capital, the market price of Fulton's securities, general market and economic conditions, and applicable legal and regulatory requirements. On December 17, 2024, Fulton issued a press release announcing the dividend declarati
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated December 17, 2024. 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: December 17, 2024 FULTON FINANCIAL CORPORATION By: /s/ Richard S. Kraemer Richard S. Kraemer Senior Executive Vice President and Chief Financial Officer