Revenue: As of FY2026 Q1, the actual value is USD 459.9 M.

EPS: As of FY2026 Q1, the actual value is USD 0.51.

EBIT: As of FY2026 Q1, the actual value is USD -144.9 M.

Segment Revenue and Related Operational Metrics

Non-Interest Income

• Wealth management: $24,496 thousand for the three months ended March 31, 2026, compared to $21,785 thousand for the same period in 2025.
• Commercial banking: $22,806 thousand for the three months ended March 31, 2026, compared to $21,329 thousand for the same period in 2025.
• Consumer banking: $14,176 thousand for the three months ended March 31, 2026, compared to $13,068 thousand for the same period in 2025.
• Mortgage banking: $3,955 thousand for the three months ended March 31, 2026, compared to $3,138 thousand for the same period in 2025.
• Other non-interest income: $4,408 thousand for the three months ended March 31, 2026, compared to $7,914 thousand for the same period in 2025.
• Total Non-Interest Income: $69,841 thousand for the three months ended March 31, 2026, compared to $67,232 thousand for the same period in 2025.

Interest Income and Expense

• Total Interest Income: $390,056 thousand for the three months ended March 31, 2026, down from $399,692 thousand for the same period in 2025.
• Total Interest Expense: $128,033 thousand for the three months ended March 31, 2026, down from $148,505 thousand for the same period in 2025.
• Net Interest Income: $262,023 thousand for the three months ended March 31, 2026, up from $251,187 thousand for the same period in 2025.

Provision for Credit Losses

• Provision for credit losses: $14,442 thousand for the three months ended March 31, 2026, compared to $13,898 thousand for the same period in 2025.
• Net Interest Income After Provision for Credit Losses: $247,581 thousand for the three months ended March 31, 2026, up from $237,289 thousand for the same period in 2025.

Non-Interest Expense

• Total Non-Interest Expense: $200,294 thousand for the three months ended March 31, 2026, up from $189,460 thousand for the same period in 2025.
  • Salaries and employee benefits: $109,917 thousand in 2026, up from $103,526 thousand in 2025.
  • Acquisition-related expenses: $2,644 thousand in 2026, up from $380 thousand in 2025.

Net Income

• Net Income: $94,761 thousand for the three months ended March 31, 2026, compared to $92,987 thousand for the same period in 2025.
• Net Income Available to Common Shareholders: $92,199 thousand for the three months ended March 31, 2026, compared to $90,425 thousand for the same period in 2025.

Loans and Allowance for Credit Losses (ACL)

Net Loans by Segment (March 31, 2026 vs. December 31, 2025)

• Real estate - commercial mortgage: $9,985,368 thousand vs. $9,820,944 thousand.
• Commercial and industrial: $4,494,031 thousand vs. $4,539,060 thousand.
• Real estate - residential mortgage: $6,735,338 thousand vs. $6,669,993 thousand.
• Real estate - home equity: $1,253,192 thousand vs. $1,242,831 thousand.
• Real estate - construction: $876,498 thousand vs. $970,298 thousand.
• Consumer: $565,041 thousand vs. $564,349 thousand.
• Leases and other loans: $356,877 thousand vs. $337,409 thousand.
• Total Net Loans: $24,266,345 thousand vs. $24,144,884 thousand.

Allowance for Credit Losses (ACL) Activity (Three months ended March 31, 2026 vs. 2025)

• Balance at beginning of period: $364,462 thousand (2026) vs. $379,156 thousand (2025).
• Initial allowance for credit losses on purchased loans: $3,351 thousand (2026) vs. $0 (2025).
• Loans charged off: - $18,318 thousand (2026) vs. - $20,034 thousand (2025).
• Recoveries of loans previously charged off: $3,410 thousand (2026) vs. $7,443 thousand (2025).
• Net loans (charged off) recovered: - $14,908 thousand (2026) vs. - $12,591 thousand (2025).
• Provision for loan losses: $14,584 thousand (2026) vs. $13,112 thousand (2025).
• Balance at end of period: $367,489 thousand (2026) vs. $379,677 thousand (2025).

ACL by Portfolio Segment (March 31, 2026)

• Real estate - commercial mortgage: $159,042 thousand.
• Commercial and industrial: $78,978 thousand.
• Real estate - residential mortgage: $89,860 thousand.
• Consumer and Real Estate - Home Equity: $24,194 thousand.
• Real Estate Construction: $9,353 thousand.
• Leases and other loans: $6,062 thousand.
• Total ACL - loans: $367,489 thousand.

Non-Accrual Loans by Class Segment (March 31, 2026 vs. December 31, 2025)

• Real estate - commercial mortgage: $59,281 thousand vs. $72,050 thousand.
• Commercial and industrial: $45,370 thousand vs. $44,103 thousand.
• Real estate - residential mortgage: $28,643 thousand vs. $27,751 thousand.
• Real estate - home equity: $7,307 thousand vs. $7,126 thousand.
• Real estate - construction: $1,406 thousand vs. $1,661 thousand.
• Consumer: $3 thousand vs. $3 thousand.
• Leases and other loans: $25 thousand vs. $1,178 thousand.
• Total Non-Accrual Loans: $142,035 thousand vs. $153,872 thousand.

Loan Modifications to Borrowers Experiencing Financial Difficulty (Three months ended March 31, 2026 vs. 2025)

• Term Extension: Totaled $3,452 thousand in 2026 compared to $6,915 thousand in 2025, with contributions from real estate - commercial mortgage, commercial and industrial, and real estate - residential mortgage segments.
• Interest Rate Reduction: $560 thousand for real estate - residential mortgage in 2026, with no reported amount in 2025.
• Interest Rate Reduction and Term Extension: $1,608 thousand for real estate - residential mortgage in 2026 compared to $1,389 thousand in 2025.
• No principal balance forgiveness was reported for either period, and Fulton Financial Corporation Depositary Shs Repr 1/40th 5.125 % Non-Cum Red Perp Pfd Rg Shs Ser A made no commitments to lend additional funds to borrowers with loan modifications due to financial difficulty as of March 31, 2026.

Mortgage Servicing Rights (MSRs)

• Amortized cost at end of period: $30,168 thousand as of March 31, 2026, compared to $30,298 thousand as of March 31, 2025.
• Estimated fair value of MSRs at end of period: $52,856 thousand as of March 31, 2026, compared to $51,277 thousand as of March 31, 2025.
• The total portfolio of mortgage loans serviced for unrelated third parties was $4.1 billion as of March 31, 2026, up from $4.0 billion as of December 31, 2025.

Derivative Financial Instruments

• Interest Rate Derivatives with Customers (Notional Amount): $1,985,186 thousand positive fair values and $2,878,969 thousand negative fair values as of March 31, 2026.
• Interest Rate Derivatives with Dealer Counterparties (Notional Amount): $2,878,969 thousand positive fair values and $1,985,186 thousand negative fair values as of March 31, 2026.
• Interest Rate Derivatives used in Cash Flow Hedges (Notional Amount): $2,700,000 thousand positive fair values and $450,000 thousand negative fair values as of March 31, 2026.
• An estimated $4.4 million will be reclassified as a decrease to net interest income over the next twelve months due to cash flow hedge accounting.

Future Outlook and Strategy

Fulton Financial Corporation Depositary Shs Repr 1/40th 5.125 % Non-Cum Red Perp Pfd Rg Shs Ser A completed its acquisition of Blue Foundry and Blue Foundry Bank on April 1, 2026, with integration into Fulton Bank expected in the third quarter of 2026 around the time of systems conversion. The Corporation incurred $2.6 million in direct acquisition-related expenses for the three months ended March 31, 2026. The company anticipates realizing reductions in non-interest expense and increases in revenue from strategic initiatives like the Blue Foundry Merger, with the accounting for this business combination currently being finalized.