Fulton Financial Corporation (FULT) Stock Price & How to Invest

Fulton Financial Corporation (Nasdaq: FULT) is the Lancaster, Pennsylvania-based holding company for Fulton Bank, a regional bank operating roughly 200-plus branches across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia. With about $32 billion in total assets, it serves consumers and small-to-mid-sized businesses through commercial and consumer lending, residential mortgages, treasury and cash management, and a wealth management arm. Like most banks, Fulton makes money in two ways: net interest income, the spread between what it earns on loans and securities and what it pays on deposits, and noninterest fee income from wealth management, cards, service charges, and mortgage banking.

The recent story centers on scale and integration. In 2024 Fulton acquired substantially all of the assets and assumed the deposits of the failed Republic First Bank, adding roughly $4.8 billion of assets and expanding its footprint in the Philadelphia and New Jersey markets, and it has been running a company-wide transformation initiative branded FultonFirst to standardize operations and cut costs. Full-year 2025 was a record on an operating basis, with operating diluted EPS of about $2.16, helped by an improved net interest margin and expense discipline. In the first quarter of 2026 the bank earned net income available to common shareholders of about $92.2 million ($0.51 diluted, $0.55 operating), a net interest margin of 3.58%, and a common equity tier 1 ratio near 11.9%, while continuing to buy back stock and pay a quarterly dividend.

Fulton is highly sensitive to interest rates, since net interest income is its largest revenue source, so falling rates, an inverted curve, or rising deposit costs can compress its net interest margin and earnings. As a regional bank with meaningful commercial and commercial real estate lending, it is exposed to the credit cycle, where a regional economic slowdown, office or retail CRE stress, or rising unemployment would increase loan losses. Integration and execution risk remain from the Republic First acquisition and the FultonFirst transformation, where cost overruns or disruption could weigh on results. Deposit stability is a factor after the 2023 regional-banking stress that reminded investors mid-sized banks can face rapid outflows. Finally, the stock is smaller and less liquid than money-center peers and can be more volatile around rate expectations, regulation, and regional economic news.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Fulton Financial Corporation's investor relations page or your broker.

• Revenue (NII + fees, ~annualized): ~$1.3 billion
• Net Interest Income (~quarterly): ~$262 million (NIM ~3.58%)
• Net Income (FY2025, ~annual): ~$380-400 million
• Operating EPS (FY2025, record): ~$2.16 (Q1 2026 ~$0.55 operating)
• Market Capitalization: ~$4.6 billion
• P/E Ratio (TTM): ~11-12x
• Dividend Yield: ~3%, paid quarterly

Fulton trades at a low-double-digit price-to-earnings multiple, typical of a mid-cap regional bank, with a dividend yield around 3% and a common equity tier 1 ratio near 11.9%. Total assets are roughly $32 billion following the 2024 Republic First acquisition, and full-year 2025 operating EPS of about $2.16 was a company record. Bank valuations like this are commonly viewed alongside price-to-tangible-book value and return on tangible common equity, not just P/E.

There are three common ways to get FULT exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so FULT sits alongside other stocks that express the same thesis.

Walnut takes the basket route. Describe a thesis where FULT fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

Fulton Financial is a mid-cap Mid-Atlantic regional bank trading at a modest earnings multiple with a solid dividend, whose fortunes track interest rates, regional loan demand, and integration of its 2024 Republic First acquisition.

Whether FULT is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is FULT a buy?, and where the stock could go from here in the FULT stock forecast.

For income investors, whether FULT pays a dividend and how the payout looks is covered in does FULT pay a dividend?