FULTON FINANCIAL CORP
For the period ended Dec 31, 2023. Filed Mar 1, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 1, 2024
FULT$24.13+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Shareholders' Equity
(in thousands, except per share data)
| Preferred Stock · Common Stock · AdditionalPaid-inCapital · AccumulatedOtherComprehensive (Loss) Income | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares Outstanding · Amount · Shares Outstanding · Amount · RetainedEarnings · TreasuryStock · Total | ||||||||||||||||
| Balance at December 31, 2020 | 200 | $192,878 | 162,350 | $557,917 | $1,508,117 | $1,120,781 | $65,091 | $(827,956) | $2,616,828 | |||||||
| Net income | 275,497 | 275,497 | ||||||||||||||
| Other comprehensive (loss) | (37,680) | (37,680) | ||||||||||||||
| Common stock issued(1) | 288 | 720 | 3,960 | (136) | 4,544 | |||||||||||
| Dividend reinvestment activity | 362 | 4 | 4,934 | 4,938 | ||||||||||||
| Stock-based compensation awards (repurchases) | 293 | 1,129 | 7,792 | (2,564) | 6,357 | |||||||||||
| Acquisition of treasury stock | (2,803) | (43,909) | (43,909) | |||||||||||||
| Preferred stock dividend | (10,277) | (10,277) | ||||||||||||||
| Common stock dividends - $0.64 per share | (103,618) | (103,618) | ||||||||||||||
| Balance at December 31, 2021 | 200 | 192,878 | 160,490 | 559,766 | 1,519,873 | 1,282,383 | 27,411 | (869,631) | 2,712,680 | |||||||
| Net income | 286,981 | 286,981 | ||||||||||||||
| Other comprehensive loss | (412,887) | (412,887) | ||||||||||||||
| Common stock issued(1) | 261 | 653 | 3,677 | 4,330 | ||||||||||||
| Dividend reinvestment activity | 362 | 85 | 5,149 | 5,234 | ||||||||||||
| Stock-based compensation awards (repurchases) | 277 | 1,092 | 13,658 | (2,438) | 12,312 | |||||||||||
| Reissuance of treasury stock pursuant to acquisition | 6,209 | 4,547 | 85,166 | 89,713 | ||||||||||||
| Preferred stock dividend | (10,248) | (10,248) | ||||||||||||||
| Common stock dividends - $0.66 per share | (108,358) | (108,358) | ||||||||||||||
| Balance at December 31, 2022 | 200 | 192,878 | 167,599 | 561,511 | 1,541,840 | 1,450,758 | (385,476) | (781,754) | 2,579,757 | |||||||
| Net income | 284,280 | 284,280 | ||||||||||||||
| Other comprehensive income | 73,196 | 73,196 | ||||||||||||||
| Common stock issued(1) | 231 | 578 | 2,548 | 34 | 3,160 | |||||||||||
| Dividend reinvestment activity | 408 | (132) | 5,691 | 5,559 | ||||||||||||
| Stock-based compensation awards (repurchases) | 592 | 2,313 | 8,604 | (3,936) | 6,981 | |||||||||||
| Acquisition of treasury stock | (5,029) | (77,056) | (77,056) | |||||||||||||
| Preferred stock dividend | (10,248) | (10,248) | ||||||||||||||
| Common stock dividends - $0.64 per share | (105,490) | (105,490) | ||||||||||||||
| Balance at December 31, 2023 | 200 | $192,878 | 163,801 | $564,402 | $1,552,860 | $1,619,300 | $(312,280) | $(857,021) | $2,760,139 | |||||||
| (1) Issuance of common stock includes issuance in connection with the Corporation's ESPP and exercised stock options. | ||||||||||||||||
| See Notes to Consolidated Financial Statements | ||||||||||||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.