financetom
Business
financetom
/
Business
/
Fulton Financial Q2 Operating Net Income Flat Year Over Year, Revenue Rises; Shares Jump After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Fulton Financial Q2 Operating Net Income Flat Year Over Year, Revenue Rises; Shares Jump After Hours
Jul 16, 2024 2:44 PM

05:22 PM EDT, 07/16/2024 (MT Newswires) -- Fulton Financial ( FULT ) reported Q2 operating net income Tuesday of $0.47 per diluted share, flat from a year earlier.

Analysts polled by Capital IQ expected $0.30.

Revenue, expressed as the sum of net interest income and total noninterest income, for the quarter ended June 30 was $334.7 million, up from $273.4 million a year earlier.

Analysts polled by Capital IQ expected $309.7 million.

Fulton Financial ( FULT ) shares were up more than 2% in after-hours trading.

Price: 19.20, Change: +0.39, Percent Change: +2.07

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Freeport Indonesia targets 478,000 tons of copper cathode output in 2026
Freeport Indonesia targets 478,000 tons of copper cathode output in 2026
Nov 23, 2025
JAKARTA, Nov 24 (Reuters) - Freeport Indonesia plans to produce 478,000 metric tons of copper cathode and 26 tons of gold in 2026, lower than its initial plan due to an ongoing recovery process following a mud flow accident, chief executive Tony Wenas said on Monday. Copper and gold sales in 2025 are also expected to be lower than initially...
Analysis-U.S. companies hold the line at climate talks despite Trump
Analysis-U.S. companies hold the line at climate talks despite Trump
Nov 23, 2025
BELEM, Brazil (Reuters) -Despite the U.S. government souring on the global climate agenda ahead of the COP30 summit, American companies did not shy away. A Reuters analysis of attendance lists shows there were 60 representatives of Fortune 100 companies at the Brazil event, compared with 50 at last year's in Baku, Azerbaijan. Still others attended pre-conference events in Brazil's finance...
Analysis-Shein's first bricks-and-mortar shop highlights department stores' existential pain
Analysis-Shein's first bricks-and-mortar shop highlights department stores' existential pain
Nov 23, 2025
PARIS (Reuters) -Shein's move into the flagship BHV in Paris has added political heat to the troubles of department stores, which are facing an existential threat from shoppers' shift to online retailers offering ultra-fast fashion. The Chinese budget retailer opened its first bricks-and-mortar shop in the BHV department store on the Rue de Rivoli in central Paris earlier this month, triggering...
Analysis-Norway's wealth tax trades millionaires for equality
Analysis-Norway's wealth tax trades millionaires for equality
Nov 23, 2025
OSLO (Reuters) -Sitting in his lakeside villa in the Swiss city of Lucerne, Borger Borgenhaug misses his grandchildren and the smell of the Nordic sea on a clear summer night. The carpenter turned real-estate tycoon says that is the price he pays to escape Norway's beefed-up wealth tax - an annual levy that has driven hundreds of millionaires abroad while...
Copyright 2023-2026 - www.financetom.com All Rights Reserved