Associated tags: Fulton Financial Corporation, Professional Services, Finance, Banking, Senior
Locations: UNITED STATES, NORTH AMERICA, PENNSYLVANIA, VIRGINIA, DELAWARE, NEW JERSEY, MARYLAND, FULTON
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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.
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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.
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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.
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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 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.
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/
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Management Fulton Financial Corporation (Nasdaq: FULT) (Corporation) today announced that Betsy Chivinski (Chivinski) has been named interim chief financial officer (CFO), replacing Mark McCollom who resigned from Fulton Financial on February 8, 2024.
Key Points:
- Fulton Financial Corporation (Nasdaq: FULT) (Corporation) today announced that Betsy Chivinski (Chivinski) has been named interim chief financial officer (CFO), replacing Mark McCollom who resigned from Fulton Financial on February 8, 2024.
- In a related announcement, Atul Malhotra (Malhotra) has been promoted to chief risk officer (CRO) to succeed Chivinski in that role.
- Previously chief risk officer, Chivinski will now serve as senior executive vice president and interim CFO and will continue to report to Chairman and CEO Curt Myers.
- Replacing Chivinski, Malhotra will serve as executive vice president and chief risk officer and will report to Myers.
Retrieved on:
Tuesday, January 16, 2024
Fulton Financial Corporation (“Fulton”) (Nasdaq: FULT) today announced that it will distribute its fourth quarter 2023 earnings release and accompanying charts on Tuesday, January 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, January 16, at approximately 4:30 p.m. Eastern Time.
- Fulton will host a conference call with analysts on Wednesday, January 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 3,300 employees and operates more than 200 branches in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through Fulton Bank, N.A.
