Fulton Financial (FULT) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Fulton Financial Revenue Highlights

Latest Revenue (Y)

$1.50B

Latest Revenue (Q)

$495.04M

Main Segment (Y)

Financial Service, Other

Fulton Financial Revenue by Period

Fulton Financial Revenue by Year

Date	Revenue	Change
2023-12-31	$1.50B	48.79%
2022-12-31	$1.01B	11.65%
2021-12-31	$903.48M	5.23%
2020-12-31	$858.60M	-0.69%
2019-12-31	$864.55M	4.67%
2018-12-31	$825.98M	5.44%
2017-12-31	$783.34M	10.18%
2016-12-31	$710.95M	4.27%
2015-12-31	$681.83M	-0.06%
2014-12-31	$682.25M	-4.56%
2013-12-31	$714.86M	-6.06%
2012-12-31	$760.95M	1.75%
2011-12-31	$747.89M	0.57%
2010-12-31	$743.65M	7.20%
2009-12-31	$693.71M	9.21%
2008-12-31	$635.20M	0.08%
2007-12-31	$634.67M	-0.12%
2006-12-31	$635.44M	14.11%
2005-12-31	$556.85M	12.15%
2004-12-31	$496.51M	12.48%
2003-12-31	$441.42M	3.41%
2002-12-31	$426.85M	9.11%
2001-12-31	$391.21M	21.60%
2000-12-31	$321.71M	4.83%
1999-12-31	$306.90M	5.07%
1998-12-31	$292.10M	30.58%
1997-12-31	$223.70M	19.18%
1996-12-31	$187.70M	15.29%
1995-12-31	$162.80M	11.97%
1994-12-31	$145.40M	19.08%
1993-12-31	$122.10M	-

Fulton Financial generated $1.50B in revenue during NA 2023, up 48.79% compared to the previous quarter, and up 181.71% compared to the same period a year ago.

Fulton Financial Revenue by Quarter

Date	Revenue	Change
2024-09-30	$495.04M	10.90%
2024-06-30	$446.37M	12.83%
2024-03-31	$395.60M	-0.48%
2023-12-31	$397.51M	47.61%
2023-09-30	$269.30M	-1.51%
2023-06-30	$273.44M	2.28%
2023-03-31	$267.34M	-4.60%
2022-12-31	$280.23M	582.61%
2022-09-30	$41.05M	-82.69%
2022-06-30	$237.22M	9.54%
2022-03-31	$216.57M	-5.63%
2021-12-31	$229.49M	-1.86%
2021-09-30	$233.85M	9.13%
2021-06-30	$214.29M	-5.12%
2021-03-31	$225.84M	4.00%
2020-12-31	$217.16M	-0.09%
2020-09-30	$217.37M	4.16%
2020-06-30	$208.68M	-3.12%
2020-03-31	$215.39M	0.39%
2019-12-31	$214.55M	-2.95%
2019-09-30	$221.07M	1.01%
2019-06-30	$218.86M	4.19%
2019-03-31	$210.07M	-1.13%
2018-12-31	$212.47M	0.62%
2018-09-30	$211.16M	2.92%
2018-06-30	$205.16M	4.04%
2018-03-31	$197.19M	-4.45%
2017-12-31	$206.37M	3.82%
2017-09-30	$198.78M	2.50%
2017-06-30	$193.93M	5.25%
2017-03-31	$184.25M	-0.40%
2016-12-31	$184.99M	3.51%
2016-09-30	$178.71M	2.09%
2016-06-30	$175.05M	1.66%
2016-03-31	$172.19M	-0.83%
2015-12-31	$173.64M	1.86%
2015-09-30	$170.47M	0.63%
2015-06-30	$169.41M	0.65%
2015-03-31	$168.32M	-1.07%
2014-12-31	$170.14M	-0.66%
2014-09-30	$171.27M	-0.87%
2014-06-30	$172.77M	2.80%
2014-03-31	$168.07M	-3.23%
2013-12-31	$173.68M	-3.45%
2013-09-30	$179.89M	-2.44%
2013-06-30	$184.38M	4.23%
2013-03-31	$176.90M	-10.20%
2012-12-31	$197.00M	4.83%
2012-09-30	$187.93M	-1.58%
2012-06-30	$190.95M	0.30%
2012-03-31	$190.38M	4.88%
2011-12-31	$181.52M	-4.93%
2011-09-30	$190.94M	1.56%
2011-06-30	$188.02M	0.54%
2011-03-31	$187.01M	-2.73%
2010-12-31	$192.27M	-0.01%
2010-09-30	$192.28M	5.00%
2010-06-30	$183.12M	4.06%
2010-03-31	$175.98M	0.34%
2009-12-31	$175.38M	0.80%
2009-09-30	$173.98M	0.38%
2009-06-30	$173.32M	1.34%
2009-03-31	$171.03M	19.64%
2008-12-31	$142.95M	-13.17%
2008-09-30	$164.63M	0.36%
2008-06-30	$164.04M	0.28%
2008-03-31	$163.58M	4.35%
2007-12-31	$156.76M	-

Fulton Financial generated $495.04M in revenue during Q3 2024, up 10.90% compared to the previous quarter, and up 181.04% compared to the same period a year ago.

Fulton Financial Revenue Breakdown

Fulton Financial Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Deposit Account	$47.20M	$49.50M	$45.54M	$41.60M	$49.50M
Fiduciary and Trust	$75.54M	$72.84M	$71.80M	$59.06M	$55.68M
Financial Service, Other	$81.16M	$75.78M	$68.69M	$70.29M	$71.12M
Mortgage Banking	$10.39M	$23.10M	-	-	-
Service, Other	$14.13M	$14.84M	$20.62M	$13.08M	$12.03M

Fulton Financial's latest annual revenue breakdown by segment (product or service), as of Dec 23: Financial Service, Other (35.53%), Fiduciary and Trust (33.07%), Deposit Account (20.66%), Service, Other (6.18%), and Mortgage Banking (4.55%).

Quarterly Revenue by Product

Product/Service	Sep 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19
Fiduciary and Trust	$21.60M	$19.39M	$19.41M	$18.68M	$18.06M	$17.53M	$17.61M	$18.27M	$19.43M	$18.29M	$18.53M	$17.63M	$17.35M	$15.65M	$14.94M	$13.41M	$15.05M	$14.42M	$13.87M	$14.15M
Financial Service, Other	$22.29M	$20.78M	$19.72M	$23.14M	$17.51M	$18.60M	$20.81M	$20.36M	$16.01M	$18.48M	$16.74M	$17.13M	$16.34M	$16.81M	$18.31M	$16.75M	$18.42M	$19.63M	$18.28M	$18.44M
Mortgage Banking	$3.14M	$2.29M	$3.19M	$2.94M	$1.97M	$2.14M	$3.72M	$3.77M	$4.58M	$7.24M	$9.54M	$2.84M	$13.96M	$9.31M	$16.80M	$9.96M	$6.23M	$5.08M	$6.66M	$6.59M
Service, Other	$5.42M	$5.59M	$1.46M	$4.11M	$2.97M	$3.97M	$3.80M	$3.51M	$3.55M	$7.74M	$5.97M	$3.39M	$3.52M	$3.00M	$2.77M	$3.66M	$3.65M	$3.73M	$3.18M	$2.58M
Deposit Account	$14.93M	$12.09M	$12.17M	$11.72M	$11.22M	$12.07M	$13.28M	$12.47M	$11.67M	$12.13M	$11.80M	$10.86M	$10.75M	$10.80M	$10.42M	$9.14M	$11.24M	$12.43M	$13.33M	$12.37M

Fulton Financial's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Financial Service, Other (33.08%), Fiduciary and Trust (32.05%), Deposit Account (22.15%), Service, Other (8.05%), and Mortgage Banking (4.66%).

Fulton Financial Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
FULT	Fulton Financial	$1.50B	$495.04M
NWBI	Northwest Bancshares	$701.29M	$171.38M
PFS	Provident Financial Services	$695.65M	$279.55M
FCF	First Commonwealth Financial	$626.39M	$179.04M
CFB	CrossFirst Bankshares	$455.32M	$134.39M
FMBH	First Mid Bancshares	$386.95M	$44.35M
CNOB	ConnectOne Bancorp	$373.75M	$134.98M
HBCP	Home Bancorp	$178.87M	$51.02M
FNWB	First Northwest Bancorp	$104.92M	$28.21M
FNWD	Finward Bancorp	$96.53M	$22.47M
FUNC	First United	$95.74M	$28.19M
FBIZ	First Business Financial Services	$89.23M	$50.94M
FFNW	First Financial Northwest	$80.93M	$20.09M
CWBC	Community West Bancshares	$61.39M	$27.26M
GSBC	Great Southern Bancorp	$46.29M	$91.36M
AFBI	Affinity Bancshares	$45.17M	$12.87M
HMNF	HMN Financial	$43.48M	$14.79M
HFBL	Home Federal Bancorp, Inc. of Louisiana	$33.45M	$8.04M
HVBC	HV Bancorp	$25.74M	$6.58M
OFED	Oconee Federal Financial	$16.61M	$3.21M
FCCO	First Community	$10.42M	$26.72M
HTBK	Heritage Commerce	$9.00K	$2.24K

FULT Revenue FAQ

What is Fulton Financial’s yearly revenue?

Fulton Financial's yearly revenue for 2023 was $1.5B, representing an increase of 48.79% compared to 2022. The company's yearly revenue for 2022 was $1.01B, representing an increase of 11.65% compared to 2021. FULT's yearly revenue for 2021 was $903.48M, representing an increase of 5.23% compared to 2020.

What is Fulton Financial’s quarterly revenue?

Fulton Financial's quarterly revenue for Q3 2024 was $495.04M, a 10.90% increase from the previous quarter (Q2 2024), and a 83.82% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $446.37M, a 12.83% increase from the previous quarter (Q1 2024), and a 63.24% increase year-over-year (Q2 2023). FULT's quarterly revenue for Q1 2024 was $395.6M, a -0.48% decrease from the previous quarter (Q4 2023), and a 47.98% increase year-over-year (Q1 2023).

What is Fulton Financial’s revenue growth rate?

Fulton Financial's revenue growth rate for the last 3 years (2021-2023) was 66.13%, and for the last 5 years (2019-2023) was 73.61%.

What are Fulton Financial’s revenue streams?

Fulton Financial's revenue streams in c 23 are Deposit Account, Fiduciary and Trust, Financial Service, Other, Mortgage Banking, and Service, Other. Deposit Account generated $47.2M in revenue, accounting 20.66% of the company's total revenue, down -4.64% year-over-year. Fiduciary and Trust generated $75.54M in revenue, accounting 33.07% of the company's total revenue, up 3.70% year-over-year. Financial Service, Other generated $81.16M in revenue, accounting 35.53% of the company's total revenue, up 7.10% year-over-year. Mortgage Banking generated $10.39M in revenue, accounting 4.55% of the company's total revenue, down -55.03% year-over-year. Service, Other generated $14.12M in revenue, accounting 6.18% of the company's total revenue, down -4.79% year-over-year.

What is Fulton Financial’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Fulton Financial was Financial Service, Other. This segment made a revenue of $81.16M, representing 35.53% of the company's total revenue.