April 29 (Reuters) - Fulton Financial Corp ( FULT ):
* FULTON FINANCIAL ( FULT ) CEO SAYS EXPECTS DEAL FOR REPUBLIC BANK
TO ADD
20% TO EARNINGS PER SHARE IN 2024 - CONFERENCE CALL
* FULTON FINANCIAL ( FULT ) CEO SAYS TOTAL DEPOSITS FOR FULTON
INCREASED
20% AFTER THE DEAL
* FULTON FINANCIAL SAYS IT EXPECTS TO RECEIVE $1 BILLION
FROM THE
FEDERAL DEPOSIT INSURANCE CORPORATION AS PART OF THE TRANSACTION
* FULTON FINANCIAL SAYS IT WILL BE SELLING A $2 BILLION
REPUBLIC
BANK SECURITIES PORTFOLIO
* FULTON FINANCIAL SAYS THERE IS NO LOSS SHARE AGREEMENT IN
THE
TRANSACTION
* FULTON FINANCIAL EXEC SAYS TOTAL OFFICE LOANS IN REPUBLIC
FIRST'S BOOK IS ABOUT $200 MILLION
* FULTON FINANCIAL EXEC SAYS SECURITIES WERE TRANSFERRED AT
FAIR
VALUE WITH FDIC ASSUMING SOME LOSS
* FULTON FINANCIAL EXEC SAYS CAPITAL RAISE WAS NOT REQUIRED
AND
THE BID WAS NOT CONTINGENT ON CAPITAL
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