FULTON FINANCIAL CORP
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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FY2024 · Filed Feb 28, 2025
FULT$24.00-0.5%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
(dollars in thousands)
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Net Income | $288,743 | $284,280 | $286,981 |
| Other comprehensive income (loss), net of tax: | |||
| Unrealized gains (losses) on AFS investment securities: | |||
| Net unrealized holding gains (losses) | (22,425) | 36,023 | (312,169) |
| Reclassification adjustment for securities net change realized in net income | 15,689 | (567) | (20) |
| Amortization of net unrealized gains (losses) on AFS securities transferred to HTM | 5,609 | 5,913 | (44,483) |
| Net Unrealized Gains (Losses) on AFS Investment Securities | (1,127) | 41,369 | (356,672) |
| Unrealized gains (losses) on interest rate derivatives used in cash flow hedges: | |||
| Net unrealized holding gains (losses) | 590 | 6,998 | (62,963) |
| Reclassification adjustment for net change realized in net income | 18,141 | 19,995 | 6,004 |
| Net Unrealized Gains (Losses) on Interest Rate Derivatives Used in Cash Flow Hedges | 18,731 | 26,993 | (56,959) |
| Defined benefit pension plan and postretirement benefits: | |||
| Unrecognized pension and postretirement income (cost) | 7,279 | 4,777 | 644 |
| Amortization of net unrecognized pension and postretirement income (loss) | (422) | 57 | 100 |
| Net Unrealized Gains (Losses) on Defined Benefit Pension and Postretirement Plans | 6,857 | 4,834 | 744 |
| Other Comprehensive Income (Loss), Net of Tax | 24,461 | 73,196 | (412,887) |
| Total Comprehensive Income | $313,204 | $357,476 | $(125,906) |
| See Notes to Consolidated Financial Statements | |||
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