Fulton Financial Q2 adjusted EPS rises on Blue Foundry deal
FULT•Key details
| Metric | Actual |
|---|---|
| Q2 Adjusted EPS | $0.60 |
| Q2 Net Income | $99.85 mln |
| Q2 Net Interest Income | $284.25 mln |
| Q2 CET1 Capital Ratio | 12.10% |
| Q2 Credit Loss Provision | $4.90 mln |
| Q2 Net Interest Margin (%) | 3.60% |
Analyst coverage
- The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
- The average consensus recommendation for the banks peer group is "buy"
- Wall Street's median 12-month price target for Fulton Financial Corp is $24.00, about 2.5% below its July 21 closing price of $24.62
- The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago
