FULTON FINANCIAL CORP
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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FY2024 · Filed Feb 28, 2025
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, 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 | ||||||||||||
| Reissuance of treasury stock pursuant to acquisition | 6,209 | 4,547 | 85,166 | 89,713 | ||||||||||||
| Stock-based compensation awards (repurchases) | 277 | 1,092 | 13,658 | (2,438) | 12,312 | |||||||||||
| 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 | |||||||
| Net income | 288,743 | 288,743 | ||||||||||||||
| Other comprehensive income | 24,461 | 24,461 | ||||||||||||||
| Common stock issued(2) | 19,339 | 48,348 | 227,052 | 12 | 275,412 | |||||||||||
| Dividend reinvestment activity | 322 | 902 | 4,753 | 5,655 | ||||||||||||
| Stock-based compensation awards (repurchases) | 561 | 2,116 | 8,400 | (4,830) | 5,686 | |||||||||||
| Acquisition of treasury stock | (1,934) | (30,348) | (30,348) | |||||||||||||
| Preferred stock dividend | (10,248) | (10,248) | ||||||||||||||
| Common stock dividends - $0.69 per share | (122,175) | (122,175) | ||||||||||||||
| Balance at December 31, 2024 | 200 | $192,878 | 182,089 | $614,866 | $1,789,214 | $1,775,620 | $(287,819) | $(887,434) | $3,197,325 | |||||||
| (1) Issuance of common stock includes issuance in connection with the Corporation's ESPP and exercised stock options. | ||||||||||||||||
(2) Issuance of common stock includes the issuance of 19,166,667 shares of common stock in an underwritten public offering that closed on May 1, 2024, 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.