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FULT - Fulton Financial Corporation

NASDAQ -> Financial Services -> Banks—Regional
Lancaster, United States
Type: Equity

FULT price evolution
FULT
(in millions $) 31 Jan 2024 30 Oct 2023 30 Jul 2023 1 May 2023
Current assets
Cash $549.71 $420.46 $504.7 $566.75
Short term investments
Net receivables
Inventory
Total current assets
Long term investments
Property, plant & equipment $222.88 $215.63 $216.32 $216.06
Goodwill & intangible assets $560.69 $561.28 $561.88 $563.5
Total noncurrent assets
Total investments $24863.53 $24710.1 $24763.47 $24455.71
Total assets $27560.7 $27380.84 $27403.16 $27112.18
Current liabilities
Accounts payable $35.08 $27 $24.1 $11.89
Deferred revenue
Short long term debt
Total current liabilities $852.14 $1099.94 $1014.12 $1171.85
Long term debt $535.38 $540.17 $539.99 $539.81
Total noncurrent liabilities
Total debt $2487.53 $2370.11 $2719.11 $2446.77
Total liabilities $24810.66 $24814.14 $24761.01 $24493.18
Shareholders' equity
Retained earnings $1619.3 $1585.45 $1542.16 $1491.7
Other shareholder equity $2750.04 $2566.69 $2642.15 -$350.99
Total shareholder equity $2760.14 $2566.69 $2642.15 $2619
(in millions $) 31 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $549.71 $681.92 $1638.61 $1847.83
Short term investments
Net receivables
Inventory
Total current assets
Long term investments
Property, plant & equipment $222.88 $225.14 $220.36 $231.48
Goodwill & intangible assets $560.69 $560.82 $538.05 $536.66
Total noncurrent assets
Total investments $24863.53 $24115.65 $22337.53 $22139.69
Total assets $27560.7 $26931.7 $25796.4 $25906.73
Current liabilities
Accounts payable $35.08 $10.19 $7 $10
Deferred revenue
Short long term debt
Total current liabilities $852.14 $104.07 $100 $107
Long term debt $535.38 $539.63 $621 $760
Total noncurrent liabilities
Total debt $2487.53 $2871.21 $1038.11 $1926.33
Total liabilities $24810.66 $24351.94 $23083.72 $23289.9
Shareholders' equity
Retained earnings $1619.3 $1450.76 $1282.38 $1120.78
Other shareholder equity $2750.04 $2579.76 $27.41 $65.09
Total shareholder equity $2760.14 $2579.76 $2712.68 $2616.83
(in millions $) 31 Jan 2024 30 Oct 2023 30 Jul 2023 1 May 2023
Revenue
Total revenue $269.8 $273.44 $267.34
Cost of revenue
Gross Profit
Operating activities
Research & development
Selling, general & administrative
Total operating expenses
Operating income
Income from continuing operations
EBIT
Income tax expense $16.75 $16.07 $14.87
Interest expense
Net income
Net income $69.53 $77.05 $65.75
Income (for common shares)
(in millions $) 31 Jan 2024 31 Dec 2022 31 Jan 2022 31 Dec 2020
Revenue
Total revenue $1081.96 $980.74 $781.67
Cost of revenue
Gross Profit $980.74 $781.67
Operating activities
Research & development
Selling, general & administrative $429.09 $390.24
Total operating expenses $633.73 $576.56
Operating income $347.01 $205.11
Income from continuing operations
EBIT $347.01 $202.23
Income tax expense $64.44 $60.03 $24.19
Interest expense
Net income
Net income $274.03 $286.98 $178.04
Income (for common shares) $276.73 $175.91
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $64.26 $72.1 $79.61 $68.31
Operating activities
Depreciation $8.44 $8.14 $8.43 $7.99
Business acquisitions & disposals
Stock-based compensation $4.57 $3.73 $2.57 $1.67
Total cash flows from operations -$57.4 $203.48 $170.95 $45.96
Investing activities
Capital expenditures -$15.1 -$6.84 -$8.58 -$2.44
Investments $2.21 -$87.54 -$357.61 -$335.58
Total cash flows from investing -$10.72 -$94.33 -$366.15 -$338.01
Financing activities
Dividends paid -$30.41 -$30.25 -$27.37 -$27.7
Sale and purchase of stock -$5.45 -$29.01 -$1.59 -$37.85
Net borrowings $117.2 -$349.18 $272.16 -$424.62
Total cash flows from financing $197.38 -$193.39 $133.15 $176.88
Effect of exchange rate
Change in cash and equivalents $129.25 -$84.24 -$62.05 -$115.17
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $284.28 $286.98 $275.5 $178.04
Operating activities
Depreciation $33 $31.93 $29.39 $29.33
Business acquisitions & disposals -$21.81 $31.98 -$1.88
Stock-based compensation $12.54 $14 $8.4 $7.53
Total cash flows from operations $362.98 $598.27 $342.27 $154.49
Investing activities
Capital expenditures -$32.96 -$21.25 -$17.68 -$20.24
Investments -$778.52 -$1496 -$228.27 -$2477.36
Total cash flows from investing -$809.22 -$1539.06 -$213.97 -$2499.48
Financing activities
Dividends paid -$115.74 -$116.01 -$112.03 -$90.96
Sale and purchase of stock -$73.9 $7.88 -$36.47 -$32.37
Net borrowings -$384.43 $1548.37 -$923.32 $160.19
Total cash flows from financing $314.02 -$15.9 -$337.52 $3675.03
Effect of exchange rate
Change in cash and equivalents -$132.21 -$956.69 -$209.22 $1330.04
Fundamentals
Market cap $2.36B
Enterprise value $4.30B
Shares outstanding 163.80M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q N/A
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio 234.14
Book/Share 0.06
Cash/Share 3.36
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 8.99
Net debt/EBITDA N/A
Current ratio N/A
Quick ratio N/A