Fulton Financial Corporation
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $276.8M | $296.0M | $228.4M | $227.2M | $240.2M | $226.3M | $211.4M | $195.5M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $485.6M | $344.6M | $767.7M | $430.2M | $393.9M | $315.9M | $440.9M | $336.5M |
| Operating Margin | 175.4% | 116.4% | 336.1% | 189.4% | 164.0% | 139.6% | 208.5% | 172.1% |
| Interest Expense | — | — | $419.0M | $83.2M | $59.7M | $113.7M | $176.9M | $128.1M |
| Pretax Income | $485.6M | $344.6M | $348.7M | $347.0M | $334.2M | $202.2M | $264.0M | $208.4M |
| Income Tax Expense | $94.0M | $55.9M | $64.4M | $60.0M | $58.7M | $24.2M | $37.6M | $24.6M |
| Net Income | $391.6M | $288.7M | $284.3M | $287.0M | $275.5M | $178.0M | $226.3M | $208.4M |
| Net Margin | 141.5% | 97.5% | 124.5% | 126.3% | 114.7% | 78.7% | 107.1% | 106.6% |
| EPS (Basic) | $2.10 | $1.59 | $1.66 | $1.69 | $1.63 | $1.08 | $1.36 | $1.19 |
| EPS (Diluted) | $2.08 | $1.57 | $1.64 | $1.67 | $1.62 | $1.08 | $1.35 | $1.18 |
| Shares Outstanding (Basic) | 181.6M | 175.5M | 165.2M | 164.1M | 162.2M | 162.4M | 166.9M | 175.4M |
| Shares Outstanding (Diluted) | 183.3M | 177.2M | 166.8M | 165.5M | 163.3M | 163.1M | 167.8M | 176.5M |
| Dividends Per Share | $0.73 | $0.69 | $0.64 | $0.66 | $0.64 | $0.56 | $0.56 | $0.52 |