Fulton Financial Corporation

Fulton Financial Announces Closing of $287.5 Million Offering of Common Stock

Retrieved on: 
Mercredi, mai 1, 2024
Banking, Professional Services, Finance, Bank of America, Sale, Prospectus, Fulton Financial Corporation, Corporation, Republic Bank, Federal Deposit Insurance Corporation, FULT, Communication, Nicollet Mall, Form, Exercise, EDGAR, Acquisition, BofA Securities, Attention, Telephone, Security (finance)

Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced the closing of its public offering of 19,166,667 shares of its common stock (the “common stock”), at a price to the public of $15 per share, which included 2,500,000 shares issued upon the exercise in full by the underwriters of their option to purchase additional shares of common stock.

Key Points: 
  • Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced the closing of its public offering of 19,166,667 shares of its common stock (the “common stock”), at a price to the public of $15 per share, which included 2,500,000 shares issued upon the exercise in full by the underwriters of their option to purchase additional shares of common stock.
  • Piper Sandler and BofA Securities acted as joint book-running managers for the offering.
  • The Corporation received net proceeds from the offering of approximately $273.5 million, after deducting underwriting discounts and before deducting transaction expenses.
  • The shares of common stock to which this communication relates were issued pursuant to an effective registration statement on Form S-3 (File No.

Fulton Financial Announces Launch of Common Stock Offering

Retrieved on: 
Lundi, avril 29, 2024
Banking, Professional Services, Bank of America, Sale, Prospectus, Fulton Financial Corporation, Corporation, Republic Bank, Federal Deposit Insurance Corporation, FULT, Communication, Nicollet Mall, Form, EDGAR, Acquisition, BofA Securities, Attention, Telephone, Security (finance)

Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that it commenced an underwritten public offering of shares of its common stock.

Key Points: 
  • Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that it commenced an underwritten public offering of shares of its common stock.
  • The Corporation expects to grant the underwriters a 30-day option to purchase additional shares of its common stock.
  • Piper Sandler and BofA Securities are acting as joint book-running managers for the offering.
  • The offering is being made only by means of a prospectus supplement and accompanying base prospectus.

Fulton Financial Announces Pricing of $250 Million Offering of Common Stock

Retrieved on: 
Lundi, avril 29, 2024
Banking, Professional Services, Finance, Bank of America, Sale, Prospectus, Fulton Financial Corporation, Corporation, Republic Bank, Federal Deposit Insurance Corporation, FULT, Communication, Nicollet Mall, Form, EDGAR, Acquisition, BofA Securities, Attention, Telephone, Security (finance)

Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced the pricing of its public offering of 16,666,667 shares of its common stock (the “common stock”), at a price to the public of $15 per share, for an aggregate offering amount of $250 million.

Key Points: 
  • Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced the pricing of its public offering of 16,666,667 shares of its common stock (the “common stock”), at a price to the public of $15 per share, for an aggregate offering amount of $250 million.
  • In addition, the Corporation has granted the underwriters a 30-day option to purchase up to an additional 2,500,000 shares of common stock at the public offering price, less underwriting discounts.
  • Piper Sandler and BofA Securities acted as joint book-running managers for the offering.
  • The offering is being made only by means of a prospectus supplement and accompanying base prospectus.

Fulton Financial Corporation Acquires Substantially All of the Assets and Assumes Substantially All of the Deposits of Republic First Bank From the FDIC

Retrieved on: 
Samedi, avril 27, 2024
Banking, Professional Services, Finance, Oliver Cromwell, Fulton Financial Corporation, Corporation, Conversation, Republic Bank, Federal Deposit Insurance Corporation, Comptroller, Republic, FULT, Security (finance), Insurance, Result, Risk, Michael J. Hsu, Analysis, BofA Securities, ATM, Interim, Currency, Sullivan & Cromwell, Cryptocurrency

Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that its bank subsidiary, Fulton Bank, N.A.

Key Points: 
  • Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that its bank subsidiary, Fulton Bank, N.A.
  • (“Fulton”), has acquired substantially all of the assets and assumed substantially all of the deposits of Republic First Bank, doing business as Republic Bank (“Republic Bank”), from the Federal Deposit Insurance Corporation (the “FDIC”).
  • Republic Bank depositors will become Fulton depositors and do not need to change their banking relationship to retain their federally insured deposit insurance coverage.
  • Beginning as early as tomorrow, former Republic Bank financial centers will reopen as Fulton with their regularly scheduled operating hours.

Fulton Bank, N.A. Accepting Applications for Two $3,000 Scholarships

Retrieved on: 
Vendredi, avril 12, 2024
Teens, Women, Finance, Banking, Professional Services, University, Consumer, Primary, Secondary, Education, Fulton Financial Corporation, Women in Technology, STEM, Engineering, Mathematics, Documentation, Science

The funds for the scholarships were raised by Fulton Bank, N.A.’s employee resource group, Women in Technology.

Key Points: 
  • The funds for the scholarships were raised by Fulton Bank, N.A.’s employee resource group, Women in Technology.
  • Currently resides in Pennsylvania, New Jersey, Maryland, Delaware, District of Columbia or Virginia (Fulton Bank, N.A.’s footprint).
  • employees, Fulton Bank or Fulton Financial Corporation Directors or Fulton Bank Advisory Board members are not eligible for this scholarship opportunity.
  • Applications received after this date or applications that do not include the required documents will be automatically disqualified from consideration.

SBA Recognizes 2024 Export Lender Award Winners

Retrieved on: 
Lundi, avril 1, 2024
D.C, SBA, First American Bank, Fulton Financial Corporation, International trade, Lake Michigan Credit Union, Acquisition, Small business, Senior, First American, LMCU, Human, Bank

WASHINGTON, April 01, 2024 (GLOBE NEWSWIRE) -- Today , Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced the 2024 Export Lender of the Year Award winners.

Key Points: 
  • WASHINGTON, April 01, 2024 (GLOBE NEWSWIRE) -- Today , Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced the 2024 Export Lender of the Year Award winners.
  • and First American Bank as the 2024 Export Lenders of the Year, and Lake Michigan Credit Union as the 2024 International Trade Lender of the Year.
  • “Congratulations to these outstanding lending partners, who collectively fuel the engines of our nation’s small business exporters.”
    The SBA’s Export Lender of the Year Awards recognize excellence in export financing.
  • This is First American’s second Export Lender of the Year selection, as the institution was also recognized with the award in 2017.

Fulton Financial Corporation Announces Dates for First Quarter 2024 Earnings Release and Webcast

Retrieved on: 
Vendredi, avril 5, 2024
Banking, Other Professional Services, Professional Services, Finance, Interim management, Senior, Interim, Fulton Financial Corporation

Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that it will distribute its fourth quarter 2023 earnings release and accompanying charts on Tuesday, April 16, at approximately 4:30 p.m. Eastern Time.

Key Points: 
  • Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that it will distribute its fourth quarter 2023 earnings release and accompanying charts on Tuesday, April 16, at approximately 4:30 p.m. Eastern Time.
  • Fulton will host a conference call with analysts on Wednesday, April 17, at 10 a.m. Eastern Time.
  • The link to the webcast of this call can be found at https://investor.fultonbank.com .
  • Fulton, a $27 billion Lancaster, Pa.-based financial holding company, has approximately 3,400 employees and operates more than 200 branches in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through Fulton Bank, N.A.

FHLBank Pittsburgh, Rep. Lisa Blunt Rochester, Delaware Officials Join in Announcing Affordable Housing Awards in Harrington and $66.7 Million in Newly Available Affordable Housing Funding

Retrieved on: 
Jeudi, avril 4, 2024
Public Policy, Government, Other Philanthropy, State, Local, Finance, Banking, Professional Services, Philanthropy, Foundation, Diamond, Homelessness, Fulton Financial Corporation, Partnership, City, House, Housing, Investment, LGBTQ, Community Bank, Federal Home Loan Banks, Rehabilitation

at a ceremony to announce two affordable housing grants totaling $1.5 million from FHLBank and their member financial institutions.

Key Points: 
  • at a ceremony to announce two affordable housing grants totaling $1.5 million from FHLBank and their member financial institutions.
  • A second grant of $750,000 was presented to West End Neighborhood House from FHLBank and Community Bank Delaware.
  • The event also highlighted $114.2 million new funding opportunities, including $66.7 million for additional affordable housing, through FHLBank member institutions including:
    “I was so glad to be in Harrington, Delaware, to announce new investments in safe, stable, and affordable housing.
  • Affordable housing is the foundation for safe and prosperous communities, and in Delaware, we know too well how we need to increase our affordable housing supply,” said Rep. Blunt Rochester (D-Del.).

Fulton Financial Corporation Declares Common and Preferred Dividends

Retrieved on: 
Mardi, mars 19, 2024
Banking, Professional Services, Finance, Fulton Financial Corporation

Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of seventeen cents per share on its common stock, payable on April 15, 2024, to shareholders of record as of April 1, 2024.

Key Points: 
  • Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of seventeen cents per share on its common stock, payable on April 15, 2024, to shareholders of record as of April 1, 2024.
  • In addition, Fulton announced that the Board declared a quarterly dividend of $12.81 per share (equivalent to $0.32025 per depositary share) on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on April 15, 2024, to shareholders of record as of March 31, 2024, for the period from and including January 15, 2024, to but excluding, April 15, 2024.
  • Fulton, a $27 billion Lancaster, Pennsylvania-based financial holding company, has approximately 3,400 employees and operates more than 200 financial centers in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through Fulton Bank, N.A.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20240319313815/en/

OPERATION HOPE CELEBRATES 159th ANNIVERSARY OF FREEDMAN'S BANK BY ADDING NEW LOCATIONS TO ITS NATIONAL HOPE INSIDE NETWORK

Retrieved on: 
Lundi, mars 4, 2024
Fulton Financial Corporation, HOPE, Bank, Black, Treasury, Department of the Treasury, Freedman, Bank Building, Operation, Partnership

ATLANTA, March 4, 2024 /PRNewswire/ -- Operation HOPE, a national nonprofit dedicated to helping low-and moderate-income Americans thrive in an ever-changing economy, today recognized the 159th anniversary of the Freedman's Bank by announcing its newest HOPE Inside locations. Continuing its impressive growth streak, the organization is expanding its national footprint to the communities of Sacramento, Kansas City, Tampa, and Minneapolis. Operation HOPE uses its HOPE Inside locations to deliver no-charge financial coaching to individuals in the community or at work.

Key Points: 
  • Continuing its impressive growth streak, the organization is expanding its national footprint to the communities of Sacramento, Kansas City, Tampa, and Minneapolis.
  • Operation HOPE uses its HOPE Inside locations to deliver no-charge financial coaching to individuals in the community or at work.
  • During its existence, the Freedman's Bank maintained some 37 offices in 17 states.
  • Operation HOPE, along with its partners from the public and private sectors, is working to advance the unfulfilled legacy of the Freedman's Bank through its HOPE Inside portfolio.