Fulton Financial Q1: Strong Loan Growth, BlueFoundry Acquisition

Fulton Financials Q1 results show a 4.2% revenue increase, beating analyst calls, with adjusted EPS hitting 55 cents, a 12% surpass of expectations. Loan growth, particularly in commercial mortgages, and wealth management noninterest income boosted performance. The BlueFoundry Bancorp acquisition added to their footprint and earnings. Expect mid-single digit loan growth and cost savings from the deal, with NIMs holding steady amidst rate and regulatory watch. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/84cf7a27853ec4e7

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