Fulton Financial (FULT) Revenue & Revenue Breakdown


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Fulton Financial Revenue Highlights


Latest Revenue (Y)

$1.50B

Latest Revenue (Q)

$446.11M

Main Segment (Y)

Financial Service, Other

Fulton Financial Revenue by Period


Fulton Financial Revenue by Year

DateRevenueChange
2023-12-31$1.50B48.79%
2022-12-31$1.01B11.65%
2021-12-31$903.48M5.23%
2020-12-31$858.60M-0.69%
2019-12-31$864.55M4.67%
2018-12-31$825.98M5.44%
2017-12-31$783.34M10.18%
2016-12-31$710.95M4.27%
2015-12-31$681.83M-0.06%
2014-12-31$682.25M-4.56%
2013-12-31$714.86M-6.06%
2012-12-31$760.95M1.75%
2011-12-31$747.89M0.57%
2010-12-31$743.65M7.20%
2009-12-31$693.71M9.21%
2008-12-31$635.20M0.08%
2007-12-31$634.67M-0.12%
2006-12-31$635.44M14.11%
2005-12-31$556.85M12.15%
2004-12-31$496.51M12.48%
2003-12-31$441.42M3.41%
2002-12-31$426.85M9.11%
2001-12-31$391.21M21.60%
2000-12-31$321.71M4.83%
1999-12-31$306.90M5.07%
1998-12-31$292.10M30.58%
1997-12-31$223.70M19.18%
1996-12-31$187.70M15.29%
1995-12-31$162.80M11.97%
1994-12-31$145.40M19.08%
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

DateRevenueChange
2024-06-30$446.11M12.77%
2024-03-31$395.60M-0.48%
2023-12-31$397.51M47.61%
2023-09-30$269.30M-1.51%
2023-06-30$273.44M2.28%
2023-03-31$267.34M-4.60%
2022-12-31$280.23M582.61%
2022-09-30$41.05M-82.69%
2022-06-30$237.22M9.54%
2022-03-31$216.57M-5.63%
2021-12-31$229.49M-1.86%
2021-09-30$233.85M9.13%
2021-06-30$214.29M-5.12%
2021-03-31$225.84M4.00%
2020-12-31$217.16M-0.09%
2020-09-30$217.37M4.16%
2020-06-30$208.68M-3.12%
2020-03-31$215.39M0.39%
2019-12-31$214.55M-2.95%
2019-09-30$221.07M1.01%
2019-06-30$218.86M4.19%
2019-03-31$210.07M-1.13%
2018-12-31$212.47M0.62%
2018-09-30$211.16M2.92%
2018-06-30$205.16M4.04%
2018-03-31$197.19M-4.45%
2017-12-31$206.37M3.82%
2017-09-30$198.78M2.50%
2017-06-30$193.93M5.25%
2017-03-31$184.25M-0.40%
2016-12-31$184.99M3.51%
2016-09-30$178.71M2.09%
2016-06-30$175.05M1.66%
2016-03-31$172.19M-0.83%
2015-12-31$173.64M1.86%
2015-09-30$170.47M0.63%
2015-06-30$169.41M0.65%
2015-03-31$168.32M-1.07%
2014-12-31$170.14M-0.66%
2014-09-30$171.27M-0.87%
2014-06-30$172.77M2.80%
2014-03-31$168.07M-3.23%
2013-12-31$173.68M-3.45%
2013-09-30$179.89M-2.44%
2013-06-30$184.38M4.23%
2013-03-31$176.90M-10.20%
2012-12-31$197.00M4.83%
2012-09-30$187.93M-1.58%
2012-06-30$190.95M0.30%
2012-03-31$190.38M4.88%
2011-12-31$181.52M-4.93%
2011-09-30$190.94M1.56%
2011-06-30$188.02M0.54%
2011-03-31$187.01M-2.73%
2010-12-31$192.27M-0.01%
2010-09-30$192.28M5.00%
2010-06-30$183.12M4.06%
2010-03-31$175.98M0.34%
2009-12-31$175.38M0.80%
2009-09-30$173.98M0.38%
2009-06-30$173.32M1.34%
2009-03-31$171.03M19.64%
2008-12-31$142.95M-13.17%
2008-09-30$164.63M0.36%
2008-06-30$164.04M0.28%
2008-03-31$163.58M4.35%
2007-12-31$156.76M-

Fulton Financial generated $446.11M in revenue during Q2 2024, up 12.77% compared to the previous quarter, and up 166.87% compared to the same period a year ago.

Fulton Financial Revenue Breakdown


Fulton Financial Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 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/ServiceDec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Deposit Account$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$11.38M
Fiduciary and Trust$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$13.24M
Financial Service, Other$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$14.76M
Mortgage Banking$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$4.77M
Service, Other$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$2.54M

Fulton Financial's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: Financial Service, Other (34.56%), Fiduciary and Trust (32.24%), Deposit Account (20.10%), Service, Other (9.29%), and Mortgage Banking (3.81%).

Fulton Financial Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
FULTFulton Financial$1.50B$446.11M
NWBINorthwest Bancshares$701.29M$157.95M
PFSProvident Financial Services$695.65M$270.09M
FCFFirst Commonwealth Financial$626.39M$175.81M
CFBCrossFirst Bankshares$455.32M$128.69M
FMBHFirst Mid Bancshares$386.95M$111.11M
CNOBConnectOne Bancorp$373.75M$134.41M
HBCPHome Bancorp$178.87M$49.13M
FNWBFirst Northwest Bancorp$104.92M$28.10M
FNWDFinward Bancorp$96.53M$24.70M
FUNCFirst United$95.74M$27.94M
FBIZFirst Business Financial Services$89.23M$50.94M
FFNWFirst Financial Northwest$80.93M$20.02M
CWBCCommunity West Bancshares$61.39M$27.26M
GSBCGreat Southern Bancorp$46.29M$84.15M
AFBIAffinity Bancshares$45.17M$12.93M
HMNFHMN Financial$43.48M$14.79M
HVBCHV Bancorp$25.74M$6.58M
HFBLHome Federal Bancorp, Inc. of Louisiana$23.45M$8.40M
OFEDOconee Federal Financial$16.61M$3.21M
FCCOFirst Community$10.42M$25.48M
HTBKHeritage Commerce$9.00K$61.25M

FULT Revenue FAQ


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.

Fulton Financial's quarterly revenue for Q2 2024 was $446.11M, a 12.77% increase from the previous quarter (Q1 2024), and a 63.15% increase year-over-year (Q2 2023). The company'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). FULT's quarterly revenue for Q4 2023 was $397.51M, a 47.61% increase from the previous quarter (Q3 2023), and a 41.85% increase year-over-year (Q4 2022).

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%.

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.

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.