Fulton Financial Corporation reported its financial results for the third quarter ended September 30, 2026, in a press release dated October 21, 2026. The company reported operating net income available to common shareholders of $119.8 million, or $0.62 per diluted share. This figure represents an increase of $3.9 million, or $0.02 per diluted share, compared to the second quarter of 2026.
Net income available to common shareholders for the quarter was $114.1 million, or $0.59 per diluted share. For the nine months ended September 30, 2026, operating net income available to common shareholders totaled $335.3 million, or $1.77 per diluted share, an increase of $37.9 million, or $0.15 per diluted share, compared to the same period in the prior year.
Key financial metrics for the quarter included a net interest margin of 3.58%, a decrease of two basis points from the prior quarter. Total net loans increased by $43.6 million to $26.0 billion, driven primarily by a $107.0 million increase in consumer loans. Deposits totaled $28.8 billion, a $571.0 million increase from the prior quarter.
The company recorded a provision for credit losses of $4.1 million and maintained an allowance for credit losses attributable to net loans of $375.6 million, or 1.45% of total net loans. Common equity Tier 1 capital ratio was reported at 12.2% as of September 30, 2026.
Fulton Financial repurchased 2,325,000 shares of its common stock during the third quarter under the 2026 Repurchase Program at a cost of $56.1 million. As of September 30, 2026, the company had repurchased 4,062,650 shares at a total cost of $91.8 million under this authorization.
