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FULT

FULTON FINANCIAL CORP

In the published model solve dated 2026-Q2, anchored at $23.69, FULTON FINANCIAL CORP (FULT) is priced for 11.7% return on equity. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 26, 2026 from SEC EDGAR filings.

Published model solve
11.7% return on equity
Priced In
within-range

Key Takeaways

• Growth here arrives by purchase rather than by origination: Blue Foundry Bancorp closed on April 1, 2026 and pushed net loans up $1.7 billion in a single quarter to $25.9 billion, while everything the existing franchise originated added $102.6 million [Source: Q2 2026 earnings release, July 22, 2026]. • Credit and funding are both drifting the wrong way, with annualized net charge-offs running 0.34% of average loans in the second quarter of 2026 against 0.25% the quarter before, and non-intere

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Institutional ownership

323 institutional managers reported holding FULT in 13F filings for the quarter ended 2026-03-31. Together they hold about 80% of the company; the top 10 hold 56%. 41 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 9.6M shares were sold short as of the 2026-06-15 count, about 5% of shares outstanding (4.9 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

FULT's share count grew 10.4% over the past five years even with $241.99M spent on repurchases. It pays a dividend, and has paid one every year in our records (17 and counting), raised 2 years straight; the current rate is $0.73 a share annually. Cash returned over the past three years: $370.31M in dividends and $157.63M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at FULT over the trailing three years: 2025: 5 buys totaling $36k. 27 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

FULT's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-09+8.7%-11.8%
2023-11-10+4.5%+18.2%
2024-03-02-1.7%+11.2%
2024-05-10+0.8%-0.3%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

FULT's latest 8-K filings: 2026-07-22 (items 2.02, 9.01); 2026-07-21 (items 5.02); 2026-05-28 (items 5.02, 5.07); 2026-05-05 (items 8.01, 9.01); 2026-04-27 (items 7.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

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Model solve date: 2026-Q2
Narrative composed: July 26, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.