Equibles

8-K

FULTON FINANCIAL CORP (FULT)

8-K 2026-01-21 For: 2026-01-21
View Original
Added on April 12, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

January 21, 2026

Date of Report (date of earliest event reported)

Fulton Financial Corporation

(Exact name of registrant as specified in its charter)

Pennsylvania 001-39680 23-2195389
(State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)
One Penn Square, P.O. Box 4887 Lancaster, Pennsylvania 17604
(Address of Principal Executive Offices) (Zip Code)

(717) 291-2411

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common stock, par value $2.50 FULT The Nasdaq Stock Market, LLC
Depositary Shares, Each Representing 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A FULTP The Nasdaq Stock Market, LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

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Item 2.02 Results of Operations and Financial Condition.

On January 21, 2026, Fulton Financial Corporation (the "Corporation") issued a press release (the "Press Release") announcing its results of operations for the fourth quarter and year ended December 31, 2025. A copy of the Press Release and supplementary financial information which accompanied the Press Release are attached as Exhibit 99.1 to this Current Report on Form 8-K (this "Current Report") and are incorporated herein by reference. The Corporation also posted on its Investor Relations website, www.fultonbank.com, presentation materials the Corporation intends to use during a conference call and webcast to discuss those results on Wednesday, January 22, 2026 at 10:00 a.m. eastern time. A copy of the presentation materials is attached as Exhibit 99.2 to this Current Report and is incorporated herein by reference.

The information included in Exhibit 99.1 shall be deemed filed for purposes of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and therefore may be incorporated by reference in filings under the Securities Act of 1933, as amended (the "Securities Act"). The information included in Exhibit 99.2 is being furnished and shall not be deemed filed for purposes of the Exchange Act or be incorporated by reference in any filing under the Securities Act.

Forward-Looking Statements

This Current Report, including Exhibits 99.1 and 99.2, may contain forward-looking statements with respect to the Corporation's financial condition, results of operations and business. Do not unduly rely on forward-looking statements. Forward-looking statements can be identified by the use of words such as "may," "should," "will," "could," "estimates," "predicts," "potential," "continue," "anticipates," "believes," "plans," "expects," "future," "intends," "projects," the negative of these terms and other comparable terminology. These forward-looking statements may include projections of, or guidance on, the Corporation's future financial performance, expected levels of future expenses, including future credit losses, anticipated growth strategies, descriptions of new business initiatives and anticipated trends in the Corporation's business or financial results. Management’s "2025 Operating Guidance" contained in Exhibit 99.2 to this Current Report is comprised of forward-looking statements.

Forward-looking statements are neither historical facts nor assurance of future performance. Instead, the statements are based on current beliefs, expectations and assumptions regarding the future of the Corporation's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Corporation's control, and actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not unduly rely on any of these forward-looking statements. Any forward-looking statement is based only on information currently available and speaks only as of the date when made. The Corporation undertakes no obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

A discussion of certain risks and uncertainties affecting the Corporation, and some of the factors that could cause the Corporation's actual results to differ materially from those described in the forward-looking statements, can be found in the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Corporation's Annual Report on Form 10-K for the year ended December 31, 2024, Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025, June 30, 2025, September 30, 2025 and other current and periodic reports, which have been, or will be, filed with the Securities and Exchange Commission (the "SEC") and are, or will be, available in the Investor Relations section of the Corporation's website (www.fultonbank.com) and on the SEC's website (www.sec.gov).

Item 9.01 Financial Statements and Exhibits.

(d)    Exhibits.

Exhibit No. Description
99.1 Press release dated January 21, 2026 containing financial information for the third quarter and nine months ended December 31, 2025, deemed filed under the Securities Exchange Act of 1934.
99.2 Presentation materials to be discussed during the conference call and webcast on January 22, 2026, deemed furnished under the Securities Exchange Act of 1934.
104 Cover page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: January 21, 2026 FULTON FINANCIAL CORPORATION
By: /s/ Richard S. Kraemer
Richard S. Kraemer
Senior Executive Vice President and
Chief Financial Officer

Document

Exhibit 99.1

FULTON FINANCIAL

CORPORATION

FOR IMMEDIATE RELEASE

Media Contact: Lacey Dean (717) 735-8688

Investor Contact: Rick Kraemer (717) 327-2567

Fulton Financial Corporation Announces 2025 Fourth Quarter and Full-Year Results

(January 21, 2026) – Lancaster, PA – Fulton Financial Corporation (NASDAQ: FULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $96.4 million, or $0.53 per diluted share, for the fourth quarter of 2025, a decrease of $1.5 million in comparison to the third quarter of 2025. Operating net income available to common shareholders for the three months ended December 31, 2025 was $99.4 million(1), or $0.55 per diluted share(1), a decrease of $1.9 million in comparison to the third quarter of 2025.

Net income available to common shareholders for the year ended December 31, 2025 was $381.4 million, or $2.08 per diluted share, an increase of $102.9 million, or $0.51 per diluted share, in comparison to the year ended December 31, 2024. Operating net income available to common shareholders for the year ended December 31, 2025, was $396.8 million(1), or $2.16 per diluted share(1), an increase of $68.7 million, or $0.31 per diluted share, in comparison to the year ended December 31, 2024.

"The strength of our strategy and the dedication of our team combined to generate a 17% increase in our operating diluted earnings per share," said Curtis J. Myers, Fulton Chairman, CEO and President. "In 2025, we delivered value to customers, expanded our team and customer base, and generated solid financial performance."

Financial Highlights

Fourth quarter of 2025 operating results of $0.55 per diluted share(1) were impacted by the following items:

•Solid net interest margin of 3.59%, with a 13 basis point decrease in total cost of funds compared to the prior quarter.

•Non-interest income decreased $0.4 million to $70.0 million compared to $70.4 million in the prior quarter.

•Non-interest expense increased $16.4 million to $213.0 million compared to $196.6 million in the prior quarter. Operating non-interest expense increased $12.7 million to $204.1 million(1) compared to $191.4 million in the prior quarter.

•Provision for credit losses was $2.9 million resulting in an allowance for credit losses attributable to net loans of $364.5 million, or 1.51% of total net loans as of December 31, 2025.

•Common equity tier 1 capital ratio(2) increased to approximately 11.8% compared to 11.6% in the prior quarter.

•During the fourth quarter of 2025, 1,082,678 shares of the Corporation's common stock were repurchased under the 2025 Repurchase Program(3) at a cost of $19.9 million or an average of $18.34 per share. The Corporation repurchased $59.0 million of common stock under the 2025 Repurchase Program as of December 31, 2025.

•On December 16, 2025, the Corporation announced that its Board of Directors approved the 2026 Repurchase Program(4). Under the 2026 Repurchase Program, the Corporation is authorized to repurchase up to $150 million of shares of its common stock and certain other securities.

The following items highlight notable changes in the components of net income in the fourth quarter of 2025 compared to the third quarter of 2025:

•Net interest income totaled $266.0 million, an increase of $1.8 million. A $5.9 million decrease in interest expense on deposits, a $3.6 million decrease in interest expense on other borrowings and other interest-bearing liabilities and a $1.3 million increase in interest income on other interest-earning assets were partially offset by decreases of $6.4 million in interest income on net loans and $2.4 million in interest income on investments securities. Purchase loan mark accretion from loans acquired in the Acquisition(5) was $10.5 million in the fourth quarter of 2025 compared to $12.7 million in the prior quarter.

•Non-interest income before investment securities gains (losses) was $70.0 million compared to $70.4 million in the prior quarter. The $0.4 million decrease was primarily due to a decrease of $1.7 million in income from equity method investments and a $1.1 million gain on sale of commercial loans in the prior quarter, both reflected in other non-interest income, which were partially offset by increases of $1.2 million in wealth management revenues, $0.9 million in commercial customer derivative fee income, reflected in capital markets income, and $0.6 million in small business administration income, reflected in other commercial banking income.

•Non-interest expense was $213.0 million compared to $196.6 million in the prior quarter. The $16.4 million increase in non-interest expense was primarily due to a $10.4 million increase in salaries and employee benefits expense largely due to increases of $7.5 million in incentive compensation expense, $1.0 million in employee healthcare expense and $0.6 million in employee severance expense. Additionally, increases of $1.6 million in net occupancy expense largely due to snow removal and maintenance costs, and $1.2 million in data processing and software expense contributed to the increase in non-interest expense.

Balance Sheet Summary

•Total net loans totaled $24.1 billion, an increase of $103.4 million, compared to $24.0 billion as of September 30, 2025. The increase was largely due to increases of $73.4 million in consumer loans(6) and $30.0 million in commercial loans.(6)

•Deposits totaled $26.6 billion, an increase of $256.9 million, compared to $26.3 billion as of September 30, 2025. The increase was primarily due to increases of $145.4 million in brokered deposits, $119.9 million in noninterest-bearing demand deposits and $95.2 million in savings deposits, partially offset by decreases of $65.2 million in interest-bearing demand deposits and $38.3 million in time deposits.

Provision for Credit Losses and Asset Quality

•The provision for credit losses was $2.9 million in the fourth quarter of 2025, resulting in a $364.5 million allowance for credit losses attributable to net loans, or 1.51% of total net loans as of December 31, 2025, compared to $376.3 million, or 1.57% of total net loans as of September 30, 2025.

•Non-performing assets were $185.2 million, or 0.58% of total assets, as of December 31, 2025, in comparison to $201.0 million, or 0.63% of total assets, as of September 30, 2025.

•Annualized net charge-offs for the fourth quarter of 2025 were 0.24% of total average loans in comparison to 0.18% in the prior quarter.

Additional information on Fulton is available on the Internet at www.fultonbank.com.

(1) Financial measure derived by methods other than generally accepted accounting principles ("GAAP"). Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of the press release.

(2) Regulatory capital ratios as of December 31, 2025, are preliminary estimates and prior periods are actual.

(3) The 2025 Repurchase Program represented the authorization, commencing on January 1, 2025 and expiring on December 31, 2025, to repurchase up to $125 million of the Corporation’s common stock. Under this authorization, up to $25 million of the $125 million authorization could be used to repurchase the Corporation’s preferred stock and outstanding subordinated notes due 2030. As permitted by securities laws and other legal requirements and subject to market conditions and other factors, purchases were made from time to time under the 2025 Repurchase Program in open market or privately negotiated transactions, including without limitation, through accelerated share repurchase transactions.

(4) The 2026 Repurchase Program represents the authorization, commencing on January 1, 2026 and expiring on January 31, 2027, to repurchase up to $150 million, excluding fees, commissions, excise tax and other ancillary expenses, of the Corporation’s common stock. Under this authorization, up to $25 million of the $150 million authorization may be used to repurchase the Corporation’s preferred stock, outstanding subordinated notes due 2030 or outstanding subordinated notes due 2035. As permitted by securities laws and other legal requirements and subject to market conditions and other factors, purchases may be made from time to time under the 2026 Repurchase Program in open market or privately negotiated transactions, including without limitation, through accelerated share repurchase transactions. The 2026 Repurchase Program may be discontinued at any time.

(5) On April 26, 2024, the Corporation announced that its wholly owned banking subsidiary, Fulton Bank, National Association ("Fulton Bank"), acquired substantially all of the assets and assumed substantially all of the deposits and certain liabilities of Republic First Bank, doing business as Republic Bank ("Republic Bank"), from the Federal Deposit Insurance Corporation (the "FDIC"), as receiver for Republic Bank (the "Acquisition"), pursuant to the terms of the Purchase and Assumption Agreement - Whole Bank, All Deposits, effective as of April 26, 2024 among the FDIC, as receiver of Republic Bank, the FDIC and Fulton Bank.

(6) Commercial loans include real estate - commercial mortgage, commercial and industrial, leases and other loans and includes a decrease in commercial construction loans of $158.4 million, reflected in real estate - construction. Consumer loans include real estate - residential mortgage, real estate - home equity, consumer and includes a decrease of $6.1 million in residential construction loans, reflected in real estate - construction.

Note: Some numbers contained in this document may not sum due to rounding.

Safe Harbor Statement

This press release may contain forward-looking statements with respect to the Corporation’s financial condition, results of operations and business. Do not unduly rely on forward-looking statements. Forward-looking statements can be identified by the use of words such as "may," "should," "will," "could," "estimates," "predicts," "potential," "continue," "anticipates," "believes," "plans," "expects," "future," "intends," “projects,” the negative of these terms and other comparable terminology. These forward-looking statements may include projections of, or guidance on, the Corporation’s future financial performance, expected levels of future expenses, including future credit losses, anticipated growth strategies, descriptions of new business initiatives and anticipated trends in the Corporation’s business or financial results.

Forward-looking statements are neither historical facts, nor assurance of future performance. Instead, the statements are based on current beliefs, expectations and assumptions regarding the future of the Corporation’s business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Corporation’s control, and actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not unduly rely on any of these forward-looking statements. Any forward-looking statement is based only on information currently available and speaks only as of the date when made. The Corporation undertakes no obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

A discussion of certain risks and uncertainties affecting the Corporation, and some of the factors that could cause the Corporation's actual results to differ materially from those described in the forward-looking statements, can be found in the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2024, Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025, June 30, 2025, September 30, 2025 and other current and periodic reports, which have been, or will be, filed with the Securities and Exchange Commission (the "SEC") and are, or will be, available in the Investor Relations section of the Corporation's website (www.fultonbank.com) and on the SEC's website (www.sec.gov), including, without limitation, the Cautionary Note Regarding Forward-Looking Statements set forth in the Current Report on Form 8-K filed by the Corporation on November 25, 2025.

Non-GAAP Financial Measures

The Corporation uses certain financial measures in this press release that have been derived from methods other than GAAP. These non-GAAP financial measures are reconciled to the most comparable GAAP measures in tables at the end of this press release.

FULTON FINANCIAL CORPORATION
SUMMARY CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)
(dollars in thousands, except per share and shares data)
Three months ended
Dec 31 Sep 30 Jun 30 Mar 31 Dec 31
2025 2025 2025 2025 2024
Ending Balances
Investment securities(1)
Net loans 24,144,884 24,041,489 24,012,539 23,862,574 24,044,919
Total assets 32,118,400 31,995,086 32,040,448 32,132,028 32,071,810
Deposits 26,589,407 26,332,490 26,138,067 26,328,972 26,129,433
Shareholders' equity 3,490,447 3,413,598 3,329,246 3,274,321 3,197,325
Average Balances
Investment securities(1) 4,921,669 5,025,072 5,084,371 4,906,952 4,771,537
Net loans 24,053,089 24,020,322 23,899,743 24,006,863 24,068,784
Total assets 32,013,163 31,924,038 31,901,574 31,971,601 32,098,852
Deposits 26,537,659 26,298,680 26,125,602 26,169,883 26,313,378
Shareholders' equity 3,464,539 3,361,368 3,304,015 3,254,125 3,219,026
Income Statement
Net interest income 266,042 264,198 254,921 251,187 253,659
Provision for credit losses 2,948 10,245 8,607 13,898 16,725
Non-interest income 69,980 70,407 69,148 67,232 65,924
Non-interest expense 212,986 196,574 192,811 189,460 216,615
Income before taxes 120,088 127,786 122,651 115,061 86,243
Net income available to common shareholders 96,408 97,892 96,636 90,425 66,058
Per Share
Net income available to common shareholders (basic) 0.53 0.54 0.53 0.50 0.36
Net income available to common shareholders (diluted) 0.53 0.53 0.53 0.49 0.36
Operating net income available to common shareholders(2) 0.55 0.55 0.55 0.52 0.48
Cash dividends 0.19 0.18 0.18 0.18 0.18
Common shareholders' equity 18.33 17.81 17.20 16.91 16.50
Common shareholders' equity (tangible)(2) 14.92 14.39 13.78 13.46 13.01
Weighted average shares (basic) 180,405 181,658 182,261 182,179 182,032
Weighted average shares (diluted) 182,197 183,349 183,813 184,077 183,867
(1) Includes related unrealized holding gains (losses) for available for sale ("AFS") securities.
(2) Non-GAAP financial measure. Refer to the calculation on the page titled “Reconciliation of Non-GAAP Measures” at the end of this press release.

All values are in US Dollars.

Three months ended
Dec 31 Sep 30 Jun 30 Mar 31 Dec 31
2025 2025 2025 2025 2024
Asset Quality
Net charge-offs to average loans (annualized) 0.24 % 0.18 % 0.20 % 0.21 % 0.22 %
Non-performing loans to total net loans 0.76 % 0.83 % 0.89 % 0.82 % 0.92 %
Non-performing assets to total assets 0.58 % 0.63 % 0.67 % 0.62 % 0.69 %
ACL - loans(1) to total loans 1.51 % 1.57 % 1.57 % 1.59 % 1.58 %
ACL - loans(1) to non-performing loans 198 % 189 % 177 % 193 % 172 %
Profitability
Return on average assets 1.23 % 1.25 % 1.25 % 1.18 % 0.85 %
Operating return on average assets(2) 1.27 % 1.29 % 1.30 % 1.25 % 1.14 %
Return on average common shareholders' equity 11.69 % 12.26 % 12.46 % 11.98 % 8.68 %
Operating return on average common shareholders' equity (tangible)(2) 14.86 % 15.79 % 16.26 % 15.95 % 14.83 %
Net interest margin 3.59 % 3.57 % 3.47 % 3.43 % 3.41 %
Efficiency ratio(2) 60.0 % 56.5 % 57.1 % 56.7 % 58.4 %
Non-interest expense to total average assets 2.64 % 2.44 % 2.42 % 2.40 % 2.68 %
Operating non-interest expense to total average assets(2) 2.53 % 2.38 % 2.36 % 2.32 % 2.36 %
Capital Ratios(3)
Tangible common equity ratio ("TCE")(2) 8.5 % 8.3 % 8.0 % 7.8 % 7.5 %
Tier 1 leverage ratio 9.7 % 9.6 % 9.4 % 9.2 % 9.0 %
Common equity Tier 1 capital ratio 11.8 % 11.6 % 11.3 % 11.1 % 10.8 %
Tier 1 risk-based capital ratio 12.6 % 12.4 % 12.1 % 11.9 % 11.5 %
Total risk-based capital ratio 15.2 % 15.0 % 14.7 % 14.5 % 14.3 %
(1) "ACL - loans" relates to the allowance for credit losses ("ACL") specifically on "Net Loans" and does not include the ACL related to off-balance-sheet<br><br>("OBS") credit exposures.
(2) Non-GAAP financial measure. Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of this press release.
(3) Regulatory capital ratios as of December 31, 2025 are preliminary estimates and prior periods are actual.
FULTON FINANCIAL CORPORATION
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CONDENSED CONSOLIDATED ENDING BALANCE SHEETS (UNAUDITED)
(dollars in thousands)
Dec 31 Sep 30 Jun 30 Mar 31 Dec 31
2025 2025 2025 2025 2024
ASSETS
Cash and due from banks $ 271,463 $ 307,267 $ 362,280 $ 388,503 $ 279,041
Other interest-earning assets 911,155 643,111 583,899 778,117 924,404
Loans held for sale 16,316 19,875 23,281 15,965 25,618
Investment securities 4,833,744 5,045,270 5,093,027 5,071,323 4,806,468
Net loans 24,144,884 24,041,489 24,012,539 23,862,574 24,044,919
Less: ACL - loans(1) (364,462) (376,258) (377,337) (379,677) (379,156)
Loans, net 23,780,422 23,665,231 23,635,202 23,482,897 23,665,763
Net premises and equipment 175,240 178,644 184,290 186,873 195,527
Accrued interest receivable 113,698 114,003 117,130 116,215 117,029
Goodwill and intangible assets 612,996 618,361 623,729 629,189 635,458
Other assets 1,403,366 1,403,324 1,417,610 1,462,946 1,422,502
Total Assets $ 32,118,400 $ 31,995,086 $ 32,040,448 $ 32,132,028 $ 32,071,810
LIABILITIES AND SHAREHOLDERS' EQUITY
Deposits $ 26,589,407 $ 26,332,490 $ 26,138,067 $ 26,328,972 $ 26,129,433
Borrowings 1,297,375 1,471,961 1,773,900 1,657,200 1,782,048
Other liabilities 741,171 777,037 799,235 871,535 963,004
Total Liabilities 28,627,953 28,581,488 28,711,202 28,857,707 28,874,485
Shareholders' equity 3,490,447 3,413,598 3,329,246 3,274,321 3,197,325
Total Liabilities and Shareholders' Equity $ 32,118,400 $ 31,995,086 $ 32,040,448 $ 32,132,028 $ 32,071,810
LOANS, DEPOSITS AND BORROWINGS DETAIL:
Loans, by type:
Real estate - commercial mortgage $ 9,820,944 $ 9,734,156 $ 9,678,038 $ 9,676,517 $ 9,601,858
Commercial and industrial 4,539,060 4,437,905 4,541,765 4,531,266 4,605,589
Real estate - residential mortgage 6,669,993 6,617,017 6,511,687 6,409,657 6,349,643
Real estate - home equity 1,242,831 1,214,399 1,193,410 1,170,470 1,160,616
Real estate - construction 970,298 1,134,748 1,155,099 1,175,445 1,394,899
Consumer 564,349 566,291 583,949 597,305 616,856
Leases and other loans(2) 337,409 336,973 348,591 301,914 315,458
Total Net Loans $ 24,144,884 $ 24,041,489 $ 24,012,539 $ 23,862,574 $ 24,044,919
Deposits, by type:
Noninterest-bearing demand $ 5,256,096 $ 5,136,210 $ 5,337,771 $ 5,435,934 $ 5,499,760
Interest-bearing demand 7,970,188 8,035,393 7,593,083 7,804,388 7,843,604
Savings 8,512,829 8,417,678 8,271,925 8,208,526 7,792,114
Total demand and savings 21,739,113 21,589,281 21,202,779 21,448,848 21,135,478
Brokered 855,042 709,667 817,398 738,458 843,857
Time 3,995,252 4,033,542 4,117,890 4,141,666 4,150,098
Total Deposits $ 26,589,407 $ 26,332,490 $ 26,138,067 $ 26,328,972 $ 26,129,433
Borrowings, by type:
Federal Home Loan Bank advances $ 250,000 $ 450,000 $ 800,000 $ 750,000 $ 850,000
Senior debt and subordinated debt 367,637 367,557 367,476 367,396 367,316
Other borrowings 679,738 654,404 606,424 539,804 564,732
Total Borrowings $ 1,297,375 $ 1,471,961 $ 1,773,900 $ 1,657,200 $ 1,782,048
(1) "ACL - loans" relates to the ACL specifically on "Net Loans" and does not include the ACL related to OBS credit exposures.
(2) Includes equipment lease financing, overdraft and net origination fees and costs.
FULTON FINANCIAL CORPORATION
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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
(dollars in thousands, except per share and share data)
Three months ended Year ended
Dec 31 Sep 30 Jun 30 Mar 31 Dec 31 Dec 31
2025 2025 2025 2025 2024 2025 2024
Net Interest Income:
Interest income $ 403,416 $ 411,006 $ 402,761 $ 399,692 $ 414,368 $ 1,616,874 $ 1,582,196
Interest expense 137,374 146,808 147,840 148,505 160,709 580,527 621,871
Net Interest Income 266,042 264,198 254,921 251,187 253,659 1,036,347 960,325
Provision for credit losses 2,948 10,245 8,607 13,898 16,725 35,698 71,636
Net Interest Income after Provision 263,094 253,953 246,314 237,289 236,934 1,000,649 888,689
Non-Interest Income:
Wealth management 23,879 22,639 22,281 21,785 22,002 90,584 84,743
Commercial banking:
Merchant and card 6,847 7,327 7,376 6,591 7,082 28,141 29,186
Cash management 8,374 8,335 8,376 7,799 7,633 32,884 28,106
Capital markets 3,730 2,908 2,945 2,411 2,797 11,995 11,033
Other commercial banking 5,162 4,595 4,734 4,528 4,942 19,018 16,657
Total commercial banking 24,113 23,165 23,431 21,329 22,454 92,038 84,982
Consumer banking:
Card 8,366 8,246 7,958 7,544 8,064 32,114 30,914
Overdraft 4,109 4,153 3,817 3,295 3,644 15,373 13,764
Other consumer banking 2,967 2,775 2,753 2,229 2,601 10,725 10,826
Total consumer banking 15,442 15,174 14,528 13,068 14,309 58,212 55,504
Mortgage banking 3,636 3,711 3,991 3,138 3,759 14,477 13,943
Gain on acquisition, net of tax — — — — (2,689) — 36,996
Other 2,910 5,718 4,917 7,914 6,089 21,457 19,846
Non-interest income before investment securities (losses) gains 69,980 70,407 69,148 67,234 65,924 276,768 296,014
Investment securities (losses) gains, net — — — (2) — (2) (20,283)
Total Non-Interest Income 69,980 70,407 69,148 67,232 65,924 276,766 275,731
Non-Interest Expense:
Salaries and employee benefits 121,632 111,265 107,123 103,526 107,886 443,546 432,821
Data processing and software 19,695 18,535 18,262 18,599 19,550 75,091 77,882
Net occupancy 17,554 15,954 16,410 18,207 16,417 68,125 69,359
Other outside services 13,105 12,951 12,009 11,837 14,531 49,902 60,586
Intangible amortization 5,365 5,368 5,460 6,269 6,282 22,462 17,830
FDIC insurance 4,540 5,089 4,951 5,597 5,921 20,178 23,829
Equipment 4,001 3,926 4,100 4,150 4,388 16,176 17,850
Professional fees 2,088 2,320 2,163 (1,078) 3,387 5,493 10,857
Marketing 1,694 2,470 2,604 2,521 2,695 9,288 8,958
Acquisition-related expenses 802 — — 380 9,637 1,182 37,635
Other 22,510 18,696 19,729 19,452 25,921 80,386 62,184
Total Non-Interest Expense 212,986 196,574 192,811 189,460 216,615 791,829 819,791
Income Before Income Taxes 120,088 127,786 122,651 115,061 86,243 485,586 344,629
Income tax expense 21,118 27,332 23,453 22,074 17,623 93,977 55,886
Net Income 98,970 100,454 99,198 92,987 68,620 391,609 288,743
Preferred stock dividends (2,562) (2,562) (2,562) (2,562) (2,562) (10,248) (10,248)
Net Income Available to Common Shareholders $ 96,408 $ 97,892 $ 96,636 $ 90,425 $ 66,058 $ 381,361 $ 278,495
Three months ended Year ended
--- --- --- --- --- --- --- --- ---
Dec 31 Sep 30 Jun 30 Mar 31 Dec 31 Dec 31
2025 2025 2025 2025 2024 2025 2024
PER SHARE:
Net income available to common shareholders (basic) $0.53 $0.54 $0.53 $0.50 $0.36 $2.10 $1.59
Net income available to common shareholders (diluted) $0.53 $0.53 $0.53 $0.49 $0.36 $2.08 $1.57
Cash dividends $0.19 $0.18 $0.18 $0.18 $0.18 $0.73 $0.69
Weighted average shares (basic) 180,405 181,658 182,261 182,179 182,032 181,621 175,523
Weighted average shares (diluted) 182,197 183,349 183,813 184,077 183,867 183,289 177,223
FULTON FINANCIAL CORPORATION
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)
(dollars in thousands)
Three months ended
December 31, 2025 September 30, 2025 December 31, 2024
Average Yield/ Average Yield/ Average Yield/
Balance Interest(1) Rate Balance Interest(1) Rate Balance Interest(1) Rate
ASSETS
Interest-earning assets:
Net loans(2) $ 24,053,089 $ 352,014 5.82 % $ 24,020,322 $ 358,443 5.93 % $ 24,068,784 $ 360,642 5.97 %
Investment securities(3) 5,159,396 47,007 3.64 % 5,330,905 49,442 3.70 % 5,033,765 44,616 3.54 %
Other interest-earning assets 820,025 8,811 4.27 % 622,832 7,557 4.83 % 1,086,536 13,453 4.93 %
Total Interest-Earning Assets 30,032,510 407,832 5.40 % 29,974,059 415,442 5.51 % 30,189,085 418,711 5.53 %
Noninterest-earning assets:
Cash and due from banks 284,768 312,578 288,867
Premises and equipment 178,194 181,116 183,801
Other assets 1,898,152 1,837,179 1,816,421
Less: ACL - loans(4) (380,461) (380,894) (379,322)
Total Assets $ 32,013,163 $ 31,924,038 $ 32,098,852
LIABILITIES AND SHAREHOLDERS' EQUITY
Interest-bearing liabilities:
Demand deposits $ 7,984,980 $ 33,831 1.68 % $ 7,876,227 $ 36,369 1.83 % $ 7,838,590 $ 37,952 1.93 %
Savings deposits 8,519,075 47,219 2.20 % 8,391,379 48,237 2.28 % 7,806,303 47,280 2.41 %
Brokered deposits 803,755 8,325 4.11 % 694,486 7,689 4.39 % 877,526 10,619 4.81 %
Time deposits 3,986,459 34,996 3.48 % 4,097,195 37,942 3.67 % 4,232,849 46,023 4.33 %
Total Interest-Bearing Deposits 21,294,269 124,371 2.32 % 21,059,287 130,237 2.45 % 20,755,268 141,874 2.72 %
Borrowings and other interest-bearing liabilities 1,345,837 13,003 3.83 % 1,564,996 16,571 4.20 % 1,847,431 18,835 4.06 %
Total Interest-Bearing Liabilities 22,640,106 137,374 2.41 % 22,624,283 146,808 2.57 % 22,602,699 160,709 2.83 %
Noninterest-bearing liabilities:
Demand deposits 5,243,390 5,239,393 5,558,110
Other liabilities 665,128 698,994 719,017
Total Liabilities 28,548,624 28,562,670 28,879,826
Total Deposits 26,537,659 1.86 % 26,298,680 1.96 % 26,313,378 2.14 %
Total interest-bearing liabilities and non-interest bearing deposits (cost of funds) 27,883,496 1.96 % 27,863,676 2.09 % 28,160,809 2.27 %
Shareholders' equity 3,464,539 3,361,368 3,219,026
Total Liabilities and Shareholders' Equity $ 32,013,163 $ 31,924,038 $ 32,098,852
Net interest income/net interest margin (fully taxable equivalent) 270,458 3.59 % 268,634 3.57 % 258,002 3.41 %
Tax equivalent adjustment (4,416) (4,436) (4,343)
Net Interest Income $ 266,042 $ 264,198 $ 253,659
(1) Presented on a fully taxable-equivalent basis using a 21% federal tax rate and statutory interest expense disallowances.
(2) Average balances include non-performing loans.
(3) Average balances include amortized historical cost for AFS securities; the related unrealized holding gains (losses) are included in other assets.
(4) ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities.
FULTON FINANCIAL CORPORATION
--- --- --- --- --- --- --- --- --- --- --- ---
AVERAGE LOANS, DEPOSITS AND BORROWINGS DETAIL (UNAUDITED)
(dollars in thousands)
Three months ended
Dec 31 Sep 30 Jun 30 Mar 31 Dec 31
2025 2025 2025 2025 2024
Loans, by type:
Real estate - commercial mortgage $ 9,785,717 $ 9,721,395 $ 9,652,320 $ 9,655,283 $ 9,595,996
Commercial and industrial 4,473,522 4,494,662 4,530,085 4,608,401 4,730,101
Real estate - residential mortgage 6,646,318 6,560,413 6,448,443 6,367,978 6,319,205
Real estate - home equity 1,223,293 1,191,465 1,179,109 1,160,713 1,116,665
Real estate - construction 1,014,343 1,125,130 1,172,138 1,296,090 1,312,245
Consumer 577,136 590,658 599,505 615,741 665,261
Leases and other loans(1) 332,760 336,599 318,142 302,657 329,311
Total Net Loans $ 24,053,089 $ 24,020,322 $ 23,899,742 $ 24,006,863 $ 24,068,784
Deposits, by type:
Noninterest-bearing demand $ 5,243,390 $ 5,239,393 $ 5,303,997 $ 5,412,063 $ 5,558,110
Interest-bearing demand 7,984,980 7,876,227 7,800,881 7,753,586 7,838,590
Savings 8,519,075 8,391,379 8,219,637 7,971,728 7,806,303
Total demand and savings 21,747,445 21,506,999 21,324,515 21,137,377 21,203,003
Brokered 803,755 694,486 688,957 904,722 877,526
Time 3,986,459 4,097,195 4,112,130 4,127,784 4,232,849
Total Deposits $ 26,537,659 $ 26,298,680 $ 26,125,602 $ 26,169,883 $ 26,313,378
Borrowings, by type:
Federal funds purchased $ 54 $ — $ 1,099 $ — $ 54
Federal Home Loan Bank advances 237,880 484,022 712,198 709,367 727,957
Senior debt and subordinated debt 367,598 367,517 367,438 367,357 449,795
Other borrowings and other interest-bearing liabilities 740,305 713,456 675,511 678,176 669,625
Total Borrowings $ 1,345,837 $ 1,564,995 $ 1,756,246 $ 1,754,900 $ 1,847,431
(1) Includes equipment lease financing, overdraft and net origination fees and costs.
FULTON FINANCIAL CORPORATION
--- --- --- --- --- --- --- --- --- --- --- --- --- ---
CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)
(dollars in thousands)
Year ended December 31,
2025 2024
Average Yield/ Average Yield/
Balance Interest(1) Rate Balance Interest(1) Rate
ASSETS
Interest-earning assets:
Net loans(2) $ 23,995,200 $ 1,407,669 5.87 % $ 23,145,114 $ 1,406,216 6.08 %
Investment securities(3) 5,270,122 193,154 3.66 % 4,486,726 143,317 3.19 %
Other interest-earning assets 729,300 33,731 4.63 % 962,971 50,578 5.25 %
Total Interest-Earning Assets 29,994,622 1,634,554 5.45 % 28,594,811 1,600,111 5.60 %
Noninterest-Earning assets:
Cash and due from banks 294,284 295,156
Premises and equipment 184,342 197,823
Other assets 1,862,326 1,761,083
Less: ACL - loans(4) (382,941) (375,743)
Total Assets $ 31,952,633 $ 30,473,130
LIABILITIES AND SHAREHOLDERS' EQUITY
Interest-Bearing liabilities:
Demand deposits $ 7,854,613 $ 139,134 1.77 % $ 7,049,915 $ 128,969 1.83 %
Savings deposits 8,277,276 188,019 2.27 % 7,364,106 180,455 2.45 %
Brokered deposits 772,488 33,547 4.34 % 981,060 51,691 5.27 %
Time deposits 4,080,550 153,993 3.77 % 3,747,029 160,744 4.29 %
Total Interest-Bearing Deposits 20,984,927 514,693 2.45 % 19,142,110 521,859 2.73 %
Borrowings and other interest-bearing liabilities 1,604,263 65,834 4.10 % 2,280,382 100,012 4.39 %
Total Interest-Bearing Liabilities 22,589,190 580,527 2.57 % 21,422,492 621,871 2.90 %
Noninterest-Bearing liabilities:
Demand deposits 5,299,084 5,394,518
Other liabilities 717,729 630,478
Total Liabilities 28,606,003 27,447,488
Total Deposits 26,284,011 1.96 % 24,536,628 2.13 %
Total interest-bearing liabilities and non-interest bearing deposits (cost of funds) 27,888,274 2.08 % 26,817,010 2.32 %
Shareholders' equity 3,346,630 3,025,642
Total Liabilities and Shareholders' Equity $ 31,952,633 $ 30,473,130
Net interest income/net interest margin (fully taxable equivalent) 1,054,027 3.51 % 978,240 3.42 %
Tax equivalent adjustment (17,680) (17,915)
Net Interest Income $ 1,036,347 $ 960,325
(1) Presented on a fully taxable-equivalent basis using a 21% federal tax rate and statutory interest expense disallowances.
(2) Average balances include non-performing loans.
(3) Average balances include amortized historical cost for AFS; the related unrealized holding gains (losses) are included in other assets.
(4) ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities.
FULTON FINANCIAL CORPORATION
--- --- --- --- --- ---
AVERAGE LOANS, DEPOSITS AND BORROWINGS DETAIL (UNAUDITED)
(dollars in thousands)
Year ended December 31,
2025 2024
Loans, by type:
Real estate - commercial mortgage $ 9,704,084 $ 9,052,738
Commercial and industrial 4,526,210 4,779,254
Real estate - residential mortgage 6,506,700 5,925,708
Real estate - home equity 1,188,824 1,060,520
Real estate - construction 1,151,081 1,275,562
Consumer 595,640 725,308
Leases and other loans(1) 322,661 326,024
Total Net Loans $ 23,995,200 $ 23,145,114
Deposits, by type:
Noninterest-bearing demand $ 5,299,084 $ 5,394,518
Interest-bearing demand 7,854,613 7,049,915
Savings 8,277,276 7,364,106
Total demand and savings 21,430,973 19,808,539
Brokered 772,488 981,060
Time 4,080,550 3,747,029
Total Deposits $ 26,284,011 $ 24,536,628
Borrowings, by type:
Federal funds purchased $ 288 $ 51,306
Federal Home Loan Bank advances 534,433 804,328
Senior debt and subordinated debt 367,478 514,073
Other borrowings and other interest-bearing liabilities 702,064 910,675
Total Borrowings $ 1,604,263 $ 2,280,382
(1) Includes equipment lease financing, overdraft and net origination fees and costs.
FULTON FINANCIAL CORPORATION
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
ASSET QUALITY INFORMATION (UNAUDITED)
(dollars in thousands)
Three months ended Year ended
Dec 31 Sep 30 Jun 30 Mar 31 Dec 31 Dec 31 Dec 31
2025 2025 2025 2025 2024 2025 2024
Allowance for credit losses related to net loans:
Balance at beginning of period $ 376,258 $ 377,337 $ 379,677 $ 379,156 $ 375,961 $ 379,156 $ 293,404
CECL day 1 provision expense(1) — — — — — — 23,444
Initial purchased credit deteriorated allowance for credit losses — — — — (136) — 54,631
Loans charged off:
Real estate - commercial mortgage (14,104) (3,906) (6,402) (12,106) (2,844) (36,518) (13,186)
Commercial and industrial (5,295) (5,847) (5,780) (3,865) (9,480) (20,787) (26,585)
Real estate - residential mortgage (58) (394) (258) (343) (55) (1,053) (1,472)
Consumer and home equity (2,212) (2,527) (1,885) (2,193) (2,179) (8,817) (8,490)
Real estate - construction — (5,286) (100) — — (5,386) —
Leases and other loans(2) (1,140) (1,479) (1,491) (1,527) (1,768) (5,637) (4,696)
Total loans charged off (22,809) (19,439) (15,916) (20,034) (16,326) (78,198) (54,429)
Recoveries of loans previously charged off:
Real estate - commercial mortgage 633 4,307 133 374 199 5,447 603
Commercial and industrial 6,592 3,205 2,628 5,952 1,387 18,377 4,440
Real estate - residential mortgage 230 33 203 174 104 640 472
Consumer and home equity 861 726 899 660 974 3,146 3,357
Real estate - construction — 47 99 82 47 227 382
Leases and other loans(2) 146 192 240 201 194 780 730
Total recoveries of loans previously charged off 8,462 8,510 4,202 7,443 2,905 28,617 9,984
Net loans charged off (14,347) (10,929) (11,714) (12,591) (13,421) (49,581) (44,445)
Provision for credit losses(1) 2,551 9,850 9,374 13,112 16,752 34,887 52,122
Balance at end of period $ 364,462 $ 376,258 $ 377,337 $ 379,677 $ 379,156 $ 364,462 $ 379,156
Net charge-offs to average loans(3) 0.24 % 0.18 % 0.20 % 0.21 % 0.22 % 0.21 % 0.19 %
Provision for credit losses related to OBS Credit Exposures
Provision for credit losses(1) $ 397 $ 395 $ (767) $ 786 $ (27) $ 811 $ (3,930)
NON-PERFORMING ASSETS:
Non-accrual loans $ 153,872 $ 150,137 $ 182,942 $ 162,426 $ 189,293
Loans 90 days past due and accruing 29,924 48,597 29,949 34,367 30,781
Total non-performing loans 183,796 198,734 212,891 196,793 220,074
Other real estate owned 1,365 2,305 2,706 2,193 2,621
Total non-performing assets $ 185,161 $ 201,039 $ 215,597 $ 198,986 $ 222,695
NON-PERFORMING LOANS, BY TYPE:
Commercial and industrial $ 47,756 $ 48,817 $ 45,565 $ 42,913 $ 43,677
Real estate - commercial mortgage 74,981 87,789 90,852 88,081 102,359
Real estate - residential mortgage 45,569 44,689 37,703 46,878 45,901
Consumer and home equity 11,875 12,658 11,109 12,682 14,374
Real estate - construction 2,267 3,461 25,602 3,666 1,746
Leases and other loans(2) 1,348 1,320 2,060 2,573 12,017
Total non-performing loans $ 183,796 $ 198,734 $ 212,891 $ 196,793 $ 220,074
(1) The sum of these amounts are reflected in the provision for credit losses in the Condensed Consolidated Statements of Income.
(2) Includes equipment lease financing, overdraft and net origination fees and costs.
(3) Quarterly results are annualized.
FULTON FINANCIAL CORPORATION
--- --- --- --- --- --- --- --- --- --- ---
RECONCILIATION OF NON-GAAP MEASURES (UNAUDITED)
(dollars in thousands, except per share and share data)
Explanatory note:
Three months ended
Dec 31 Sep 30 Jun 30 Mar 31 Dec 31
2025 2025 2025 2025 2024
Operating net income available to common shareholders
Net income available to common shareholders $ 96,408 $ 97,892 $ 96,636 $ 90,425 $ 66,058
Less: Other (1) (4,989) (738) (9) (122) (269)
Plus: Gain on acquisition, net of tax — — — 2,689
Plus: Core deposit intangible amortization 5,255 5,255 5,346 6,155 6,155
Plus: Acquisition-related expense 802 — — 380 9,637
Plus: FDIC special assessment (95) — — — —
Plus: FultonFirst implementation and asset disposals 2,795 (207) (270) (47) 10,001
Less: Tax impact of adjustments (791) (905) (1,064) (1,337) (5,360)
Operating net income available to common shareholders (numerator) $ 99,385 $ 101,297 $ 100,639 $ 95,454 $ 88,911
Weighted average shares (diluted) (denominator) 182,197 183,349 183,813 184,077 183,867
Operating net income available to common shareholders, per share (diluted) $ 0.55 $ 0.55 $ 0.55 $ 0.52 $ 0.48
Common shareholders' equity (tangible), per share
Shareholders' equity $ 3,490,447 $ 3,413,598 $ 3,329,246 $ 3,274,321 $ 3,197,325
Less: Preferred stock (192,878) (192,878) (192,878) (192,878) (192,878)
Less: Goodwill and intangible assets (612,996) (618,361) (623,729) (629,189) (635,458)
Tangible common shareholders' equity (numerator) $ 2,684,573 $ 2,602,359 $ 2,512,639 $ 2,452,254 $ 2,368,989
Shares outstanding, end of period (denominator) 179,895 180,865 182,379 182,204 182,089
Common shareholders' equity (tangible), per share $ 14.92 $ 14.39 $ 13.78 $ 13.46 $ 13.01
(1) Includes loan recovery adjustments of 5.0 million and 0.6 million in the fourth quarter of 2025 and the third quarter of 2025, respectively, reflected in the provision for credit losses related to a loan acquired in the Acquisition.

All values are in US Dollars.
Sep 30 Jun 30 Mar 31 Dec 31
2025 2025 2025 2024
Operating return on average assets
Net income 98,970 $ 100,454 $ 99,198 $ 92,987 $ 68,620
Less: Other (1) (738) (9) (122) (269)
Less: Gain on acquisition, net of tax — — — 2,689
Plus: Core deposit intangible amortization 5,255 5,346 6,155 6,155
Plus: Acquisition-related expense — — 380 9,637
Plus: FDIC special assessment — — — —
Plus: FultonFirst implementation and asset disposals (207) (270) (47) 10,001
Less: Tax impact of adjustments (905) (1,064) (1,337) (5,360)
Operating net income (numerator) 101,947 $ 103,859 $ 103,201 $ 98,016 $ 91,473
Total average assets 32,013,163 $ 31,924,038 $ 31,901,574 $ 31,971,601 $ 32,098,852
Less: Average net core deposit intangible (65,999) (71,282) (77,039) (83,173)
Total operating average assets (denominator) 31,952,437 $ 31,858,039 $ 31,830,292 $ 31,894,562 $ 32,015,679
Operating return on average assets(2) 1.29% 1.30% 1.25% 1.14%
Operating return on average common shareholders' equity (tangible)
Net income available to common shareholders 96,408 $ 97,892 $ 96,636 $ 90,425 $ 66,058
Less: Other (1) (738) (9) (122) (269)
Less: Gain on acquisition, net of tax — — — 2,689
Plus: Intangible amortization 5,368 5,460 6,269 6,282
Plus: Acquisition-related expense — — 380 9,637
Plus: FDIC special assessment — — —
Plus: FultonFirst implementation and asset disposals (207) (270) (47) 10,001
Less: Tax impact of adjustments (929) (1,088) (1,361) (5,387)
Adjusted net income available to common shareholders (numerator) 99,472 $ 101,386 $ 100,729 $ 95,544 $ 89,011
Average shareholders' equity 3,464,539 $ 3,361,368 $ 3,304,015 $ 3,254,125 $ 3,219,026
Less: Average preferred stock (192,878) (192,878) (192,878) (192,878)
Less: Average goodwill and intangible assets (620,986) (626,383) (632,254) (638,507)
Average tangible common shareholders' equity (denominator) 2,656,061 $ 2,547,504 $ 2,484,754 $ 2,428,993 $ 2,387,641
Operating return on average common shareholders' equity (tangible)(2) 15.79% 16.26% 15.95% 14.83%
Tangible common equity to tangible assets (TCE Ratio)
Shareholders' equity 3,490,447 $ 3,413,598 $ 3,329,246 $ 3,274,321 $ 3,197,325
Less: Preferred stock (192,878) (192,878) (192,878) (192,878)
Less: Goodwill and intangible assets (618,361) (623,729) (629,189) (635,458)
Tangible common shareholders' equity (numerator) 2,684,573 $ 2,602,359 $ 2,512,639 $ 2,452,254 $ 2,368,989
Total assets 32,118,400 $ 31,995,086 $ 32,040,448 $ 32,132,028 $ 32,071,810
Less: Goodwill and intangible assets (618,361) (623,729) (629,189) (635,458)
Total tangible assets (denominator) 31,505,404 $ 31,376,725 $ 31,416,719 $ 31,502,839 $ 31,436,352
Tangible common equity to tangible assets 8.29% 8.00% 7.78% 7.54%
(1) Results are annualized.
(2) Includes loan recovery adjustments of 5.0 million and 0.6 million in the fourth quarter of 2025 and the third quarter of 2025, respectively, reflected in the provision for credit losses related to a loan acquired in the Acquisition.

All values are in US Dollars.
Sep 30 Jun 30 Mar 31 Dec 31
2025 2025 2025 2024
Efficiency ratio
Non-interest expense 212,986 $ 196,574 $ 192,811 $ 189,460 $ 216,615
Less: Acquisition-related expense — — (380) (9,637)
Less: FDIC special assessment — — — —
Less: FultonFirst implementation and asset disposals 207 270 47 (10,001)
Less: Intangible amortization (5,368) (5,460) (6,269) (6,282)
Operating non-interest expense (numerator) 204,119 $ 191,413 $ 187,621 $ 182,858 $ 190,695
Net interest income 266,042 $ 264,198 $ 254,921 $ 251,187 $ 253,659
Tax equivalent adjustment 4,436 4,389 4,340 4,343
Plus: Total non-interest income 70,407 69,148 67,232 65,924
Less: Other revenue (138) (9) (122) (269)
Less: Gain on acquisition, net of tax — — — 2,689
Plus: Investment securities (gains) losses, net — — 2 —
Total revenue (denominator) 340,449 $ 338,903 $ 328,449 $ 322,639 $ 326,346
Efficiency ratio 56.5% 57.1% 56.7% 58.4%
Operating non-interest expense to total average assets
Non-interest expense 212,986 $ 196,574 $ 192,811 $ 189,460 $ 216,615
Less: Intangible amortization (5,368) (5,460) (6,269) (6,282)
Less: Acquisition-related expense — — (380) (9,637)
Less: FDIC special assessment — — — —
Less: FultonFirst implementation and asset disposals 207 270 47 (10,001)
Operating non-interest expense (numerator) 204,119 $ 191,413 $ 187,621 $ 182,858 $ 190,695
Total average assets (denominator) 32,013,163 $ 31,924,038 $ 31,901,574 $ 31,971,601 $ 32,098,852
Operating non-interest expenses to total average assets(1) 2.38% 2.36% 2.32% 2.36%
(1) Results are annualized.
Dec 31
2024
Operating net income available to common shareholders
Net income available to common shareholders 381,361 $ 278,495
Less: Other (1) (1,805)
Plus Gain on acquisition, net of tax (36,996)
Plus: Loss on securities restructuring 20,282
Plus: Core deposit intangible amortization 17,307
Plus: Acquisition-related expense 37,635
Plus: CECL Day 1 Provision 23,444
Less: Gain on sale-leaseback (20,266)
Plus: FDIC special assessment 940
Plus: FultonFirst implementation and asset disposals 32,038
Less: Tax impact of adjustments (23,011)
Operating net income available to common shareholders (numerator) 396,774 $ 328,063 328,063
Weighted average shares (diluted) (denominator) 177,223
Operating net income available to common shareholders, per share (diluted) 2.16 $ 1.85
(1) Includes a loan recovery adjustment of 5.6 million in 2025, reflected in the provision for credit losses related to a loan acquired in the Acquisition.

All values are in US Dollars.

18

exhibit992fultinvestorpr

© 2026 Fulton Financial Corporation. All rights reserved. Investor Presentation Data as of or for the period ended December 31, 2025, unless otherwise noted

© 2026 Fulton Financial Corporation. All rights reserved. Forward-Looking Statements This presentation contains forward-looking statements with respect to the Corporation’s financial condition, results of operations and business. Do not unduly rely on forward-looking statements. Forward-looking statements can be identified by the use of words such as "may," "should," "will," "could," "estimates," "predicts," "potential," "continue," "anticipates," "believes," "plans," "expects," "future," "intends," “projects,” the negative of these terms and other comparable terminology. These forward-looking statements may include projections of, or guidance on, the Corporation’s future financial performance, expected levels of future expenses, including future credit losses, anticipated growth strategies, descriptions of new business initiatives and anticipated trends in the Corporation’s business or financial results. Management’s "2026 Operating Guidance" contained herein is comprised of forward-looking statements. Forward-looking statements are neither historical facts, nor assurance of future performance. Instead, the statements are based on current beliefs, expectations and assumptions regarding the future of the Corporation’s business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Corporation’s control, and actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not unduly rely on any of these forward-looking statements. Any forward-looking statement is based only on information currently available and speaks only as of the date when made. The Corporation undertakes no obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. A discussion of certain risks and uncertainties affecting the Corporation, and some of the factors that could cause the Corporation’s actual results to differ materially from those described in the forward-looking statements, can be found in the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2024, Quarterly Reports on Form 10-Q for the quarters ending March 31, 2025, June 30, 2025 and September, 30 2025 and other periodic reports, which have been, or will be, filed with the SEC and are, or will be, available in the Investor Relations section of the Corporation’s website (www.fultonbank.com) and on the SEC’s website (www.sec.gov), including, without limitation, the Cautionary Note Regarding Forward-Looking Statements set forth in the Current Report on Form 8-K filed by the Corporation on November 25, 2025. Please refer to the Glossary of Terms on slide 26 for the definitions of acronyms and capitalized terms used in this presentation. The Corporation uses certain financial measures in this presentation that have been derived by methods other than GAAP. These non-GAAP financial measures are reconciled to the most comparable GAAP measures at the end of this presentation. 2

© 2026 Fulton Financial Corporation. All rights reserved. QUARTERLY FINANCIAL PERFORMANCE 3

© 2026 Fulton Financial Corporation. All rights reserved. Fourth Quarter 2025 Financial Highlights 4 (1) Non-GAAP financial measures. Please refer to the calculation and management’s reason for using this measure on the slide titled “Non-GAAP Reconciliation” at the end of this presentation. Focus: • Strong Balance Sheet and Liquidity • Benefits Realization from Strategic Initiatives • Ongoing Commitment to Organizational Efficiency Productivity: • Disciplined and Profitable Growth • Solid Operating Profitability Metrics • Operating Net Income Available to Common Shareholders of $99.4 million or $0.55 per Diluted Share 4Q25 3Q25 4Q25 3Q25 Net Income Available to Common Shareholders (dollars in millions) $96.4 $97.9 $99.4 $101.3 ROAA (annualized) 1.23% 1.25% 1.27% 1.29% ROATCE (annualized; non-GAAP) -- -- 14.86% 15.79% Efficiency Ratio (non-GAAP) -- -- 60.0% 56.5% Non-Interest Expense / Total Average Assets (annualized) 2.64% 2.44% 2.53% 2.38% Diluted EPS $0.53 $0.53 $0.55 $0.55 Operating PPNR (dollars in millions; non-GAAP) -- -- $131.8 $142.9 Operating PPNR / Average Assets (annualized; non-GAAP) -- -- 1.64% 1.78% GAAP Reported Operating(1)

© 2026 Fulton Financial Corporation. All rights reserved. 4Q25 3Q25 Linked-Quarter Change Net interest income $266,042 $264,198 $1,844 Provision for credit losses 2,948 10,245 (7,297) Non-interest income before investment securities gains (losses) 69,980 70,407 (427) Investment securities gains (losses) - - - Non-interest expense 212,986 196,574 16,412 Income before income taxes 120,088 127,786 (7,698) Income taxes 21,118 27,332 (6,214) Net income 98,970 100,454 (1,484) Preferred stock dividends (2,562) (2,562) - Net income available to common shareholders $96,408 $97,892 ($1,484) Net income available to common shareholders, per share (diluted) $0.53 $0.53 - Operating net income available to common shareholders, per share (diluted)(2) $0.55 $0.55 - ROAA 1.23% 1.25% (2) bps(1) Operating ROAA(2) 1.27% 1.29% (2) bps ROAE 11.69% 12.26% (57) bps Operating ROATCE(2) 14.86% 15.79% (93) bps Efficiency ratio(2) 60.0% 56.5% 350 bps (dollars in thousands, except per-share data) Fourth Quarter 2025 Income Statement Summary 5 (1) Basis points (“bps”). (2) Non-GAAP financial measures. Please refer to the calculation and management’s reason for using this measure on the slide titled “Non-GAAP Reconciliation” at the end of this presentation.

© 2026 Fulton Financial Corporation. All rights reserved. Net Interest Income 6 • NIM was 3.59% in the fourth quarter of 2025, increasing two bps compared to the third quarter of 2025. A decrease in cost of funds benefited NIM in the fourth quarter of 2025. • Loan yield of 5.82% decreased by 11 bps during the fourth quarter of 2025 compared to the third quarter of 2025. • Total cost of deposits was 1.86% for the fourth quarter of 2025, a decrease of ten bps compared to the third quarter of 2025. Average Interest-Earning Assets and YieldsHighlights Average Deposits and Borrowings & Other, Cost of Deposits and Cost Of FundsNII(1) and NIM (1) NII on a non-FTE basis using a 21% federal tax rate and statutory interest expense disallowances. (m ill io ns ) (b ill io ns ) (b ill io ns )

© 2026 Fulton Financial Corporation. All rights reserved. Non-Interest Income Remains a Key Revenue Source at Over 20% of Revenue 7 Wealth Management AUM/AUA above $17 billion Robust Commercial Fee Income Businesses Consistent Consumer Fees Three months ended 12/31/25 Three months ended 12/31/25 Total Revenue Non-Interest Income Diversified Non-Interest Income in Complementary Businesses Commercial banking $24,113 $23,165 $23,431 $21,329 $22,454 $948 Wealth management 23,879 22,639 22,281 21,785 22,002 1,240 Consumer banking 15,442 15,174 14,528 13,068 14,309 268 Mortgage banking 3,636 3,711 3,991 3,138 3,759 (75) Gain on acquisition, net of tax – – – – (2,689) – Other 2,910 5,718 4,917 7,914 6,089 (2,808) Non-interest income before investment securities gains (losses) $69,980 $70,407 $69,148 $67,234 $65,924 ($427) Investment securities gains (losses), net – – – (2) – – Total Non-Interest Income $69,980 $70,407 $69,148 $67,232 $65,924 ($427) 4Q24 Change Since 3Q254Q25(dollars in thousands) 3Q25 2Q25 1Q25

© 2026 Fulton Financial Corporation. All rights reserved. Salaries and employee benefits $121,632 $111,265 $107,123 $103,526 $107,886 $10,367 Data processing and software 19,695 18,535 18,262 18,599 19,550 1,160 Net occupancy 17,554 15,954 16,410 18,207 16,417 1,600 Other outside services 13,105 12,951 12,009 11,837 14,531 154 Intangible amortization 5,365 5,368 5,460 6,269 6,282 (3) FDIC insurance 4,540 5,089 4,951 5,597 5,921 (549) Equipment 4,001 3,926 4,100 4,150 4,388 75 Professional fees 2,088 2,320 2,163 (1,078) 3,387 (232) Acquisition-related expenses 802 – – 380 9,637 802 Other 24,204 21,166 22,333 21,973 28,616 3,038 Total non-interest expense $212,986 $196,574 $192,811 $189,460 $216,615 $16,412 Non-GAAP adjustments: Less: Intangible amortization (5,365) (5,368) (5,460) (6,269) (6,282) 3 Less: Acquisition-related expenses (802) – – (380) (9,637) (802) Less: FDIC special assessment 95 – – – – 95 Less: FultonFirst implementation and asset disposals (2,795) 207 270 47 (10,001) (3,002) Operating non-interest expense(1) $204,119 $191,413 $187,621 $182,858 $190,695 $12,706 (dollars in thousands) 4Q25 3Q25 2Q25 1Q25 4Q24 Change Since 3Q25 Efficiency Ratio(1) Disciplined Management of Non-Interest Expense Drives Earnings 8 (1) Non-GAAP financial measure. Please refer to the calculation and management’s reason for using this measure on the slide titl ed “Non-GAAP Reconciliation” at the end of this presentation. • Salaries and employee benefits expense increased primarily due to an increase in incentive compensation expense in the fourth quarter of 2025 Highlights

© 2026 Fulton Financial Corporation. All rights reserved. Asset Quality 9 NPAs and NPAs / AssetsProvision for Credit Losses ACL(1) / NPLs and ACL / LoansNCOs and NCOs / Average Loans (m ill io ns ) (m ill io ns ) (m ill io ns ) (1) The ACL relates specifically to “Loans, net of unearned income” and does not include reserves related to off-balance sheet credit exposures.

© 2026 Fulton Financial Corporation. All rights reserved. Internal Capital Generation Enhancing Capital Ratios(1) 10 (4) (m ill io ns ) • Increasing regulatory capital ratios provide operational and strategic flexibility • Tangible capital (2) increased linked quarter by $82 million, net of share repurchases • AOCI of ($199) million at December 31, 2025 • Current common dividend of $0.19 • $150 million share repurchase authorization in place through January 31, 2027 (3) Highlights (1) Regulatory capital ratios and excess capital amounts as of December 31, 2025 are preliminary estimates. (2) Non-GAAP financial measure. Please refer to the calculation and management’s reason for using this measure on the slide titl ed “Non-GAAP Reconciliation” at the end of this presentation. (3) Up to $25 million of the $150 million authorization may be used to repurchase the Corporation’s preferred stock, outstand ing subordinated notes due 2030 or outstanding subordinated notes due 2035. (4) Excesses shown are to regulatory minimums, including the 250 bps capital conservation buffer, except for Tier 1 Leverage which is the well-capitalized minimum.

© 2026 Fulton Financial Corporation. All rights reserved. 2026 Operating Guidance(1) 11 Non-FTE NII(2) [FTE Adjustment for NIM Calculation] [Purchase Accounting Accretion] $1.120 – $1.140 billion [$16 - $18 million] [$50 - $55 million] Reflects mid single-digit organic loan growth plus Blue Foundry Bancorp acquisition [$4.0 - $4.5 million per quarter] [1Q26 ~ $10 million] Provision for Credit Losses $55 – $75 million Non-Interest Income $285 – $300 million Non-Interest Expense(3) Non-Operating Assumptions: [2026 CDI expense] [Non-Operating Expenses] $800 – $835 million [$22.4 million] [$38.4 million] Assumes Blue Foundry Bancorp operating non-interest expense of approximately $27 million Estimated Blue Foundry Bancorp acquisition related expense and incremental FultonFirst implementation expense Effective Tax Rate: 18.5% – 19.5% Income Statement Line Item Expected Range Outlook (1) Assumes Blue Foundry Bancorp acquisition closes in 2Q26 and systems conversion is completed in 3Q26. (2) NII is on a non-FTE basis. Incorporates federal funds target rate cut of 25 bps in March 2026. (3) Excludes non-operating expenses and CDI amortization.

© 2026 Fulton Financial Corporation. All rights reserved. CORPORATE HIGHLIGHTS 12

© 2026 Fulton Financial Corporation. All rights reserved. A Community Bank Strategy, Operating on a Regional Scale 13 Execution of our Strategic Objectives has provided us with long-term growth in customers, exceptional customer experience and enhanced operational metrics, delivering results to our stakeholders Our Differentiator: Customer Intimacy

© 2026 Fulton Financial Corporation. All rights reserved. • $32 billion in assets, 200 financial centers, 200 commercial sales professionals, 100 mortgage loan officers, and more than 3,300 team members operating in a customer-dense Mid-Atlantic market(1) • Market capitalization of ~$3.6 billion(2) • Current valuation(2) of 9.6x TTM diluted EPS of $2.08 and 1.3x TBV(3) • Steady increase in shareholder value with a five-year CAGR in TBV per share, excluding AOCI(3), of 7.4% • Ten-year CAGR in common dividends of 7.8% • 3.80% dividend yield(4) • Repurchased $59 million of shares in 2025 with $150 million authorization in place through January of 2027(5) (1) As of December 31, 2025. (2) Based on shares outstanding of 180.4 million and closing price of $20.00 as of January 16, 2026. (3) As of December 31, 2025, TBV per share was $14.92. TBV per share is a non-GAAP financial measure. Please refer to the calculation and management’s reasons for using this measure on slides titled “Non-GAAP Reconciliation” at the end of this presentation. (4) Based on current quarterly common dividend of $0.19 per share and closing stock price of $20.00 per share as of January 16, 2026. (5) Authorization expires January 31, 2027. Up to $25 million of the $150 million authorization may be used to repurchase the Corporation’s preferred stock, outstanding subordinated notes due 2030 or outstanding subordinated notes due 2035. A Growing & Well-Positioned Franchise 14

© 2026 Fulton Financial Corporation. All rights reserved. Acquisition of Blue Foundry Bancorp: Strategic Rationale and Key Highlights 15 © 2026 Fulton Fi a cial Corporation. All rights reserve . 5%+ EPS Accretive Excellent risk-adjusted return potential Immediately TBV Accretive 30 bps; no TBV earn back period Neutral to Capital Ratios Pro forma CET1 at close of 11.8% 25%+ IRR Additional revenue synergies identified but NOT factored into pro forma earnings Financially Compelling Assets: $34B Deposits: $28B Loans: $25B Financial Centers: 221 Fulton Blue Foundry Pro Forma Combined Franchise ✓Fulton expands its presence in a demographically desirable northern New Jersey market ✓Strategically located and attractive retail branch network with long-tenured, granular core deposit base ✓Leverages Fulton’s comprehensive suite of products and services in a compelling market ✓Opportunity to expand wealth and mortgage banking business lines in Blue Foundry’s footprint ✓Adds a complementary interest rate risk profile to Fulton’s neutral interest rate positioning ✓Fulton’s balance sheet flexibility provides opportunity for growth Unique opportunity to expand into high-growth, strategic markets • Founded: 1930 • Headquarters: Rutherford, NJ • Top ten regional/community bank(2) franchise in Bergen County, NJ $2.2B Total Assets $1.7B Gross Loans 14.6% TCE / TA(3) $1.5B Total Deposits 20 Financial Centers $32K Average Account Size(4) Blue Foundry Overview(1) Source: S&P Global Market Intelligence; company documents. (1) Blue Foundry Bancorp data as of September 30, 2025. (2) Excludes Specialty Banks, J.P. Morgan Chase, Bank of America, Citigroup, and Wells Fargo & Company. (3) Non-GAAP financial measure. Please refer to the calculation and management’s reason for using this measure on the slide titled “Non-GAAP Reconciliation” at the end of this presentation. (4) Excludes brokered deposits.

© 2026 Fulton Financial Corporation. All rights reserved. Robust and Scalable Product Suite 16 Commercial Banking Consumer Banking Small Business Treasury Management Wealth and Trust International Services Capital Markets Mortgage Banking • Significant technology spend over the past five years • Focus on digital enablement as a driver of growth, efficiency and service Well positioned to compete in and serve our market ROBUST PRODUCTS AND SERVICES INDUSTRY-LEADING TECHNOLOGY PLATEFORMS NIMBLE COMPETITIVE POSITION

© 2026 Fulton Financial Corporation. All rights reserved. We Do What is Right - Corporate Social Responsibility 17 • Our most recent Corporate Social Responsibility Report with key metrics is available at fultonbank.com/about-fulton-bank. • Integrity is fundamental to governance at Fulton. The Corporation’s established Board governance and oversight support management’s efforts to build maturity and capability that drives impact. • The Climate Impact Working Group underscores the Corporation’s commitment to progressing its understanding of, and reporting on, climate-related risks and activities. PROTECTING THE ENVIRONMENT Environment The Corporation is committed to practicing environmental stewardship in its everyday operations. Operational measures like waste reduction and smart energy use, as well as financing sustainable projects, are core to these efforts. CORPORATE GOVERNANCE Governance Core values and guiding behavior lead the Corporation to demonstrate the highest professional and ethical standards in all business activities. The Corporation operates under a robust board- and management-level enterprise risk management structure. CHANGING LIVES FOR THE BETTER Employees The Corporation is committed to creating a workforce culture that is welcoming, engaging and inclusive. Customers Fulton Bank has a proven track record of fair and responsible banking – rated “Outstanding” for Community Reinvestment Act performance. Community Employees live and work in the communities we serve and want to see these communities thrive. Through the “Fulton Forward® initiative, the Corporation gives back by paying it forward. READ THE REPORT

© 2026 Fulton Financial Corporation. All rights reserved. A Balanced Business Model Delivering Strong Returns 18 • Non-interest income as a percentage of revenue of approximately 21% • Wealth management accounts for approximately 1/3 of total non-interest income, delivering a 9% five-year CAGR, AUM/AUA of $17.4 billion and over 85% in recurring income • Commercial banking businesses representing approximately 1/3 of total non-interest income • Fulton Mortgage Company caters to the new home purchase business with the ability to leverage refinance activity into gain on sale revenue • A full-service commercial bank with robust treasury services, payment technology solutions, wealth management and full -service mortgage company • Ongoing investment in technology, digitally enabling a growing customer base • Serving a diversified, dense and economically stable market • Room to grow in existing markets and continue to penetrate both organically and inorganically • Organic growth strategy supplemented by inorganic, in-market opportunities • Low CRE concentration compared to peers(1) • Reduced financial center infrastructure over the last ten years, driving average deposits per financial center over $100 mill ion per financial center • Completed $5.2 billion Republic First Bank transaction in 2024, $1.2 billion acquisition in 2022 and acquired five wealth management firms since 2018 • Operate in a target-rich market with over 40 in-market banking institutions that fit our M&A criteria and strategy • 4Q25 operating diluted EPS of $0.55(2) • Operating ROAA of 1.27%(2) in 4Q25 compared to 1.29%(2) in 3Q25 • 4Q25 operating ROATCE of 14.86%(2) compared to 15.79%(2) in 3Q25 • Efficiency ratio of 60.0%(2) and 56.5%(2) in 4Q25 and 3Q25, respectively • 4Q25 NCOs to average loans (annualized) of 24 bps; ACL to loans of 1.51% in addition to on-balance sheet purchase accounting marks Premier Franchise that Provides Expanding and Innovative Solutions Robust Combination of Diversified Business Lines and Fee Income Businesses Dynamic Growth Strategy Blending an Organic Engine with Inorganic Opportunities Attractive Risk- Adjusted Profitability and Returns Source: Management reporting and internal financials at December 31, 2025. (1) For a list of peers please see page 36 of the Corporation’s proxy statement dated April 1, 2025. (2) Non -GAAP financial measure. Please refer to the calculation and management’s reasons for using this measure on slides titled “Non-GAAP Reconciliation” at the end of this presentation.

© 2026 Fulton Financial Corporation. All rights reserved. A Diversified Loan Portfolio with Growth in Multiple Categories 19 Loan Mix By Product(1) Highlights • The loan portfolio has grown $7.2 billion since 2019 • A balanced loan mix enhanced by adjustable-rate mortgage growth in 2022 and 2023 outpacing other categories • Commercial mortgages remain a stable percentage of the mix Commercial Mortgage Non-Owner Occupied Portfolio 19 (b ill io ns ) (1) Loan mix by product is based on ending balances for the periods ended December 31, 2019 to December 31, 2025. The C&I category includes Paycheck Protection Program loan growth and forgiveness during the 2020 – 2025 timeframe. The Construction category includes residential and commercial construction loans. The Commercial Mortgage category includes both owner and non-owner occupied loans.

© 2026 Fulton Financial Corporation. All rights reserved. A Deposit Portfolio That Is Granular, Tenured and Diversified With Significant Liquidity Coverage 20 Deposit Mix By Product(1) Highlights(2) • 876,741 deposit accounts • Average account balance of $30,856 • Average account age of ~ten years • 24% net estimated uninsured deposits • 277% Coverage of net estimated uninsured deposits Deposit Mix By Customer 20 (b ill io ns ) (1) Deposit mix by product is based on ending balances for the periods ended December 31, 2019 to December 31, 2025. (2) As o f December 31, 2025. Estimated uninsured deposits net of collateralized municipal deposits and inter-company deposits.

© 2026 Fulton Financial Corporation. All rights reserved. History of Prudently Managing Deposit Costs During Fed Easing Cycles With Strategies in Place to Drive a Neutral Interest Rate Risk Position 21 Historical Deposit Costs and Loan and Deposit Betas(1) Highlights • Managed deposit costs to a 42% beta during the 2007 – 2011 easing cycle in a high-rate environment • Lower deposit beta in 2019 – 2020 attributable to a lower rate environment and inflow of deposits • Cycle to date deposit costs have benefited from time deposit repricing as the Federal Reserve has cut rates • Fixed asset repricing and balance sheet mix has benefited loan beta relative to historical cycles • Over $3 billion of receive fixed swaps, floors, and collars, helping to neutralize the interest rate risk profile. • Fed dot plot implies additional 25 bps of easing through 2026. Strategies in place to manage funding costs. 21 Quarterly & Cycle to Date Yields, Costs & Betas 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 EFFR (avg) 5.33% 5.26% 4.65% 4.33% 4.33% 4.29% 3.90% Loan Yield 6.12% 6.20% 5.97% 5.86% 5.86% 5.93% 5.82% Deposit Cost 2.14% 2.24% 2.14% 2.03% 1.98% 1.96% 1.86% Quarterly Yields, Costs and Average Effective Federal Funds Rate ("EFFR") (1) Fulton historical data – S&P Capital IQ. Quarterly Average EFFR – Federal Reserve Bank of St. Louis.

© 2026 Fulton Financial Corporation. All rights reserved. Fixed Rate Asset Repricing(1) Coupled With a Premier Deposit Franchise Drives a Neutral Interest Rate Risk Profile 22 Interest Earning Assets 22 (December 31, 2025) Interest-Bearing Liabilities(3) (December 31, 2025) Variable Rate Loans Non-maturity Deposits Fixed and Adjustable Asset Repricing Schedule (m ill io ns ) (m ill io ns ) (m ill io ns ) (m ill io ns ) Time Deposits and Borrowings Repricing Schedule (2) (1) “Repricing” includes contractual repricing of adjustable-rate loans, plus estimated cashflows and maturities of fixed rate assets and liabilities assumed within the time frames presented. (2) Other includes non-accrual loan balances, fair value purchase accounting marks and net origination fees and costs. (3) Time Deposits include brokered CDs.

© 2026 Fulton Financial Corporation. All rights reserved. Mature and Growing Wealth Management Businesses, Consistent Non-interest Income and Diversified Client Base Delivering Solid Results(1) 23 Over 85% Recurring Income Client and Market Aligned Growth $90.6 Million TTM(3) Non-Interest Income Five Year CAGR of 9% Five Wealth Management Acquisitions Since 2017 Organic and Analytics Based Growth Strategy Wealth Management AUM/AUA(2) (b ill io ns ) (1) Wealth Management revenue does not include NII. (2) AUM and AUA are ending market values for the periods ended December 31, 2019 to December 31, 2025. (3) TTM through December 31, 2025 Wealth Management income.

© 2026 Fulton Financial Corporation. All rights reserved. Material and Consistent Fee Income, Robust Suite of Commercial and Consumer Services 24 Repeatable Income Stream; Analytics-Based Cross-Sell Opportunity Optimized Account Framework and Exception Process; Multi- Channel Distribution Strategy Robust Back-to-Back Swap Program Serves Commercial Customers Financial Center Network and Loyal Customer Base Drive Consumer Fees Merchant and Card Income Cash Management Capital Markets Consumer Fees Commercial Non-Interest Income Consumer Non-Interest Income(1) (t ho us an ds ) (t ho us an ds ) (1) Does not include gain on sale from residential mortgages.

© 2026 Fulton Financial Corporation. All rights reserved. Solid Asset Quality Trends Through Many Cycles 25 Quarterly Delinquency Trend (%) Quarterly NCO Trend (Annualized %) Sources: Top 100 Commercial Banks and All Commercial Banks - Board of Governors of the Federal Reserve System (Top 100 Commercial Banks are the 100 largest banks based on consolidated assets); Fulton historical data – S&P Capital IQ. Delinquency rates are non-seasonally adjusted and determined based on loans and leases past due 30 days or more and non-accrual loans. Charge-off rates are non- seasonally adjusted and are net of recoveries.

© 2026 Fulton Financial Corporation. All rights reserved. Glossary of Terms 26 Term/Acronym Defined As ACL Allowance for credit losses AOCI Accumulated other comprehensive income AUM Assets under management AUA Assets under administration CAGR Compound annual growth rate CD Certificate of deposit CDI Core deposit intangible CECL Day 1 Provision Initial provision for credit losses required on non-purchase credit deteriorated loans acquired in the Republic First Bank transaction CET1 Common equity tier 1 capital CRE Commercial real estate EFFR Effective federal funds rate EPS Earnings per share FDIC Federal Deposit Insurance Corporation FTE Fully taxable-equivalent Fulton or the Corporation Fulton Financial Corporation GAAP Generally accepted accounting principles IRR Internal rate of return Term/Acronym Defined As M&A Mergers and acquisitions NCO Net charge-off NII Net Interest Income NIM Net interest margin NPA Non-performing asset NPL Non-performing loan PPNR Pre-provision net revenue ROAA Return on average assets ROAE Return on average common shareholders’ equity ROATCE Return on average tangible common equity Sale-Leaseback Transaction Sale of 40 financial center office locations to certain affiliates of Blue Owl Capital, Inc. with concurrent agreements to lease each of the locations SEC U.S. Securities and Exchange Commission TBV Tangible book value TCE/TA Tangible common equity / tangible assets TRBC Total risk-based capital TTM Trailing twelve months

© 2026 Fulton Financial Corporation. All rights reserved. NON-GAAP RECONCILIATION 27

© 2026 Fulton Financial Corporation. All rights reserved. Three months ended (dollars in thousands) Dec 31 Sep 30 2025 2025 Operating net income available to common shareholders Net income available to common shareholders 96,408$ 97,892$ Less: Other(1) (4,989) (738) Plus: CDI amortization 5,255 5,255 Plus: Acquisition-related expense 802 - Plus: FDIC special assessment (95) - Plus: FultonFirst implementation and asset disposals 2,795 (207) Less: Tax impact of adjustments (791) (905) Operating net income available to common shareholders (numerator) 99,385$ 101,297$ Weighted average shares (diluted) (denominator) 182,197 183,349 Operating net income available to common shareholder, per share (diluted) 0.55$ 0.55$ Non-GAAP Reconciliation 28 Note: The Corporation has presented the following non-GAAP financial measures because it believes that these measures provide useful and comparative information to assess trends in the Corporation's results of operations and financial condition. Presentation of these non-GAAP financial measures is consistent with how the Corporation evaluates its performance internally and these non-GAAP financial measures are frequently used by securities analysts, investors and other interested parties in the evaluation of companies in the Corporation's industry. Investors should recognize that the Corporation's presentation of these non-GAAP financial measures might not be comparable to similarly-titled measures of other companies. These non-GAAP financial measures should not be considered a substitute for GAAP basis measures, and the Corporation strongly encourages a review of its condensed consolidated financial statements in their entirety. (1) Includes loan recovery adjustments of $5.0 million and $0.6 million in the fourth quarter of 2025 and the third quarter o f 2025, respectively, reflected in the provision for credit losses related to a loan acquired in the Republic First Bank acquisition.

© 2026 Fulton Financial Corporation. All rights reserved. Three months ended (dollars in thousands) Dec 31 Sep 30 2025 2025 Operating ROAA(1) Net income 98,970$ 100,454$ Less: Other(2) (4,989) (738) Plus: CDI amortization 5,255 5,255 Plus: Acquisition-related expense 802 - Plus: FDIC special assessment (95) - Plus: FultonFirst implementation and asset disposals 2,795 (207) Less: Tax impact of adjustments (791) (905) Operating net income (numerator) 101,947$ 103,859$ Total average assets 32,013,163$ 31,924,038$ Less: Average net CDI (60,726) (65,999) Total operating average assets (denominator) 31,952,437$ 31,858,039$ Operating ROAA 1.27% 1.29% Non-GAAP Reconciliation 29 (1) Annualized. (2) Includes loan recovery adjustments of $5.0 million and $0.6 million in the fourth quarter of 2025 and the third quarter o f 2025, respectively, reflected in the provision for credit losses related to a loan acquired in the Republic First Bank acquisition.

© 2026 Fulton Financial Corporation. All rights reserved. Year Ended (dollars in thousands) Dec 31 Dec 31 2025 2024 Operating ROAA Net income 391,609$ 288,743$ Less: Other(1) (5,858) (1,805) Less: Gain on acquisition, net of tax - (36,996) Plus: Loss on securities restructuring - 20,282 Plus: CDI amortization 22,010 17,307 Plus: Acquisition-related expense 1,182 37,635 Plus: CECL Day 1 Provision - 23,444 Plus: FDIC special assessment (95) 940 Less: Gain on Sale-Leaseback Transaction - (20,266) Plus: FultonFirst implementation and asset disposals 2,271 32,038 Less: Tax impact of adjustments (4,097) (23,011) Operating net income (numerator) 407,022$ 338,311$ Total average assets 31,952,633$ 30,473,130$ Less: Average net CDI (68,709) (61,810) Total average operating assets (denominator) 31,883,924$ 30,411,320$ Operating ROAA 1.28% 1.11% Non-GAAP Reconciliation 30 (1) Includes a loan recovery adjustment of $5.6 million in 2025, reflected in the provision for credit losses related to a lo an acquired in the Republic First Bank acquisition.

© 2026 Fulton Financial Corporation. All rights reserved. Three months ended (dollars in thousands) Dec 31 Sep 30 2025 2025 Operating ROATCE(1) Net income available to common shareholders 96,408$ 97,892$ Less: Other(2) (4,989) (738) Plus: Intangible amortization 5,365 5,368 Plus: Acquisition-related expense 802 - Plus: FDIC special assessment (95) - Plus: FultonFirst implementation and asset disposals 2,795 (207) Less: Tax impact of adjustments (814) (929) Adjusted net income available to common shareholders (numerator) 99,472$ 101,386$ Average shareholders' equity 3,464,539$ 3,361,368$ Less: Average preferred stock (192,878) (192,878) Less: Average goodwill and intangible assets (615,600) (620,986) Average tangible common shareholders' equity (denominator) 2,656,061$ 2,547,504$ Operating ROATCE 14.86% 15.79% Non-GAAP Reconciliation 31 (1) Annualized. (2) Includes loan recovery adjustments of $5.0 million and $0.6 million in the fourth quarter of 2025 and the third quarter o f 2025, respectively, reflected in the provision for credit losses related to a loan acquired in the Republic First Bank acquisition.

© 2026 Fulton Financial Corporation. All rights reserved. Three months ended (dollars in thousands) Dec 31 Sep 30 2025 2025 Operating non-interest expense to total average assets(1) Non-interest expense 212,986$ 196,574$ Less: Intangible amortization (5,365) (5,368) Less: Acquisition-related expense (802) - Less: FDIC special assessment 95 - Less: FultonFirst implementation and asset disposals (2,795) 207 Operating non-interest expense (numerator) 204,119$ 191,413$ Total average assets (denominator) 32,013,163$ 31,924,038$ Operating non-interest expense to total average assets 2.53% 2.38% Non-GAAP Reconciliation 32 (1) Annualized.

© 2026 Fulton Financial Corporation. All rights reserved. Three months ended (dollars in thousands) Dec 31 Sep 30 2025 2025 Operating PPNR to average assets(1) Plus: NII 266,042$ 264,198$ Plus: Non-interest income 69,980 70,407 Less: Non-interest expense (212,986) (196,574) Plus: Other revenue 11 (138) Plus: CDI amortization 5,255 5,255 Plus: Acquisition-related expense 802 - Plus: FDIC special assessment (95) - Plus: FultonFirst implementation and asset disposals 2,795 (207) Operating PPNR (numerator) 131,804$ 142,941$ Total average assets 32,013,163$ 31,924,038$ Less: Average net core deposit intangible (60,726) (65,999) Average assets (denominator) 31,952,437$ 31,858,039$ Operating PPNR to average assets 1.64% 1.78% Non-GAAP Reconciliation 33 (1) Annualized.

© 2026 Fulton Financial Corporation. All rights reserved. Three months ended (dollars in thousands) Dec 31 Sep 30 2025 2025 Efficiency ratio Non-interest expense 212,986$ 196,574$ Less: Acquisition-related expense (802) - Less: FDIC special assessment 95 - Less: FultonFirst implementation and asset disposals (2,795) 207 Less: Intangible amortization (5,365) (5,368) Operating non-interest expense (numerator) 204,119$ 191,413$ NII 266,042$ 264,198$ Tax equivalent adjustment 4,416 4,436 Plus: Total non-interest income 69,980 70,407 Plus: Other revenue 11 (138) Total revenue (denominator) 340,449$ 338,903$ Efficiency ratio 60.0% 56.5% Non-GAAP Reconciliation 34

© 2026 Fulton Financial Corporation. All rights reserved. (dollars in thousands) Dec 31 Dec 31 Dec 31 2025 2024 2023 Efficiency ratio Non-interest expense 791,829$ 819,791$ 679,207$ Less: Acquisition-related expense (1,182) (37,635) - Less: FDIC special assessment 95 (940) (6,494) Less: FultonFirst implementation and asset disposals (2,271) (32,038) (3,197) Less: Intangible amortization (22,462) (17,830) (2,944) Less: Gain on Sale-Leaseback Transaction - 20,266 - Less: Debt extinguishment gain (loss) - - 720 Operating non-interest expense (numerator) 766,009$ 751,614$ 667,292$ NII 1,036,347$ 960,325$ 854,286$ Tax equivalent adjustment 17,680 17,915 17,811 Plus: Total non-interest income 276,766 275,731 227,678 Plus: Other revenue (258) (1,805) 1,855 Less: Gain on acquisition, net of tax - (36,996) - Plus: Investment securities losses, net 2 20,283 733 Total revenue (denominator) 1,330,537$ 1,235,453$ 1,102,363$ Efficiency ratio 57.6% 60.8% 60.5% Year Ended Non-GAAP Reconciliation 35

© 2026 Fulton Financial Corporation. All rights reserved. (dollars in thousands) Dec 31 Sep 30 2025 2025 Tangible common shareholders' equity Shareholders' equity 3,490,447$ 3,413,598$ Less: Preferred stock (192,878) (192,878) Less: Goodwill and intangible assets (612,996) (618,361) Tangible common shareholders' equity 2,684,573$ 2,602,359$ Non-GAAP Reconciliation 36

© 2026 Fulton Financial Corporation. All rights reserved. (dollars in thousands, except per share data) Dec 31 Dec 31 2025 2020 TBV per share Shareholders' equity 3,490,447$ 2,616,828$ Less: Preferred stock (192,878) (192,878) Less: Goodwill and intangible assets (612,996) (536,659) Tangible common shareholders' equity (numerator) 2,684,573$ 1,887,291$ Shares outstanding, end of period (denominator) 179,895 162,350 TBV per share 14.92$ 11.62$ Book value per share 18.33$ 14.93$ TBV per share excluding AOCI Shareholders' equity 3,490,447$ 2,616,828$ Less: Preferred stock (192,878) (192,878) Less: Goodwill and intangible assets (612,996) (536,659) Tangible common shareholders' equity 2,684,573$ 1,887,291$ Less: AOCI (198,682) 65,091 Tangible common shareholders' equity excluding AOCI 2,883,255$ 1,822,200$ Shares outstanding, end of period (denominator) 179,895 162,350 TBV per share excluding AOCI 16.03$ 11.22$ Non-GAAP Reconciliation 37

© 2026 Fulton Financial Corporation. All rights reserved. Blue Foundry Bancorp (dollars in thousands) Sep 30 2025 Blue Foundry Bancorp TCE/TA Shareholders' equity 314,397$ Less: Goodwill and intangible assets (79) Tangible common shareholders' equity (numerator) 314,318$ Total assets 2,155,792$ Less: intangible assets (79) Tangible assets (denominator) 2,155,713$ Blue Foundry Bancorp TCE/TA 14.58% Non-GAAP Reconciliation 38

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