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Fulton Financial Q1 Operating Net Income Rises, Revenue Falls; Shares Decline After Hours
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Fulton Financial Q1 Operating Net Income Rises, Revenue Falls; Shares Decline After Hours
Apr 16, 2024 2:18 PM

04:50 PM EDT, 04/16/2024 (MT Newswires) -- Fulton Financial ( FULT ) reported Q1 operating net income Tuesday of $0.40 per diluted share, up from $0.39 a year earlier.

Analysts polled by Capital IQ expected $0.39.

Revenue, expressed as the sum of net interest income and total noninterest income, for the quarter ended March 31 was $264.1 million, down from $267.3 million a year earlier.

Analysts surveyed by Capital IQ expected $267.4 million.

The company's shares were down about 14% in after-hours activity.

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