Fulton Financial Surges on Blue Foundry Win | Business and Finance News

Fulton Financial crushed Q2 expectations with a 12% revenue surge to $367.9 million and adjusted EPS of 60 cents—12% above forecasts. The Blue Foundry acquisition is the star driver, expanding their footprint in Northern New Jersey and bringing in fresh customers. Strong operations, solid credit trends, and diversified revenue streams fuel the momentum. Consumer lending, especially mortgages and home equity, is booming while commercial lending slows, helping balance the books. Management expects further cost savings from Blue Foundry integration and higher net interest margins as older loans reprice. They’re staying lean, agile, and focused on turning synergies into sustained profits in a competitive market. Listen in comfort:Get a discount on a Soli Pillow: http://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/2c704bac1bde4dff