Key Highlights

  • Fulton's $0.19 quarterly dividend goes ex-dividend October 1, 2026 and is payable October 15 to shareholders of record.
  • GAAP net income available to common shareholders was $99.9 million, or $0.52 per diluted share, in the second quarter.
  • Operating net income available to common shareholders, a non-GAAP measure, was $115.9 million, or $0.60 per diluted share.
  • The net interest margin was 3.60%, and the Blue Foundry Bancorp acquisition contributed $17.5 million of the increase in net interest income.

Overview

Fulton Financial Corporation's (NASDAQ:FULT) $0.19 quarterly dividend, declared September 15, 2026, yields 3.36%. Second-quarter GAAP net income available to common shareholders was $0.52 per diluted share, and operating net income available to common shareholders, a non-GAAP measure, was $0.60. Six-month GAAP diluted EPS was $1.02, and the common equity tier 1 ratio was approximately 12.1%.

Dividend Program and Shareholder Returns

Fulton's board declared a quarterly common dividend of $0.19 per share on September 15, 2026, payable October 15 to shareholders of record on October 1.

Preferred stock dividends of $2,562 thousand were deducted from net income in each of the first and second quarters, separate from the common dividend. The latest filing identifies no special or supplemental common dividend.

About the Company

Fulton Financial Corporation is a Lancaster, Pennsylvania-based financial holding company whose principal subsidiary is Fulton Bank, N.A. Revenue comes mainly from net interest income, supplemented by noninterest income including wealth management and mortgage banking. In July 2026, Fulton merged its Blue Foundry Bank subsidiary into Fulton Bank, N.A.

Financial Performance Behind the Payout

Fulton reported second-quarter net income available to common shareholders of $99.9 million, or $0.52 per diluted share, compared with $92.2 million, or $0.51, in the first quarter. Operating net income available to common shareholders was $115.9 million, or $0.60 per diluted share, compared with $0.55.

Net interest income was $284,252 thousand versus $262,023 thousand in the first quarter, the provision for credit losses was $4,897 thousand versus $14,442 thousand, and noninterest income was $79,306 thousand versus $69,841 thousand. Noninterest expense was $230,954 thousand versus $200,294 thousand.

Return on average assets was 1.20%, operating return on average assets was 1.39%, operating return on average tangible common equity was 15.71%, and the efficiency ratio was 57.3%. For six months, net income available to common shareholders was $192.1 million, or $1.02 per diluted share.

The Blue Foundry Bancorp Acquisition Behind the Quarter

Fulton completed the acquisition of Blue Foundry Bancorp on April 1, 2026. Net interest income rose $22.2 million to $284.3 million, including $17.5 million attributable to the transaction. Purchase loan mark accretion from acquired loans was $5.2 million, and nonperforming assets include $16.4 million from Blue Foundry.

Noninterest expense reflected acquisition costs, additional compensation and expenses tied to the acquired business. Management cited about $31 million of initial allowance for credit losses on acquired loans.

Outlook

Fulton guides 2026 net interest income to $1.12 billion to $1.135 billion, noninterest income to $290 million to $300 million and operating noninterest expense to $810 million to $830 million. The integration of Blue Foundry and the common equity tier 1 ratio, which was approximately 12.1% at quarter-end, are part of its quarterly reporting.