FMP
Jan 27, 2025(Last modified: Jan 28, 2025)
Fulton Financial Corporation (NASDAQ: FULT) is a financial services company that provides a range of banking services. It operates through its subsidiary banks, offering services like personal and business banking, loans, and wealth management. The company competes with other regional banks in the United States, striving to maintain a strong market presence.
On January 27, 2025, Angela M. Snyder, President of Fulton Financial, sold 13,322 shares of the company's common stock at $20.69 each. This transaction left her with approximately 63,682 shares. Such insider transactions can sometimes influence investor perceptions, as they may indicate the insider's view on the company's future performance.
Fulton Financial recently announced its financial results for the fourth quarter and full year of 2024. The company reported a net income of $66.1 million, or $0.36 per diluted share, for the fourth quarter. This marks an increase of $5.4 million, or $0.03 per share, compared to the third quarter. However, the operating net income decreased by $2.4 million, or $0.02 per share, during the same period.
For the full year ending December 31, 2024, Fulton Financial's net income available to common shareholders was $278.5 million, or $1.57 per diluted share. This reflects an increase of $4.5 million, although there was a decrease of $0.07 per diluted share compared to the previous year. The operating net income for the year was $328.1 million, or $1.85 per diluted share, showing a significant increase of $43.1 million.
Currently, FULT's stock price is $20.58, with a slight increase of 0.02, or 0.0973%. The stock has fluctuated between $20.445 and $20.91 today. Over the past year, FULT has reached a high of $22.49 and a low of $13.87. The company has a market capitalization of approximately $3.75 billion, and today's trading volume is 1,453,283 shares.
MicroStrategy Incorporated (NASDAQ:MSTR) is a prominent business intelligence company known for its software solutions a...
Introduction In corporate finance, assessing how effectively a company utilizes its capital is crucial. Two key metri...
Bank of America analysts reiterated a bullish outlook on data center and artificial intelligence capital expenditures fo...