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Fulton Financial (FULT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Fulton Financial (FULT) reported revenue of $332M for the first quarter 2026 (Q1 2026), +4% from a year earlier and -1% from the quarter before. Operating margin was 35.3%, net earnings $94.8M (28.6% of revenue).
Fulton Financial, Q1 2026: revenue $332M (+4% year over year), operating margin 35.3%, net earnings $94.8M, operating cash flow $115M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $332M | -1% | +4% |
| Operating profit | $117M | -2% | +2% |
| Net earnings | $94.8M | -4% | +2% |
| Operating cash flow | $115M | +20% | 163× |
What changed
Revenue was $331.9M in Q1 2026, up 4% year over year and down 1% from the previous quarter. Wealth management was the largest line at 7% of revenue. Wealth management added $2.7M year over year (up 12%), 20% of the total change. Other declined 44%.
Operating profit was $117.1M, a 35.3% margin (down 0.8 points year over year). Of the extra revenue versus Q1 2025, 15% reached operating profit, below the 36% margin then. Total costs grew 6% against revenue growth of 4%. Net earnings were $94.8M, up 2% year over year. The effective tax rate was 19.1%.
Operating cash flow was $114.7M (up 16216% year over year), 121% of net earnings. Non-cash charges added back $2.3M of share-based compensation. Working capital and other items added $17.6M.
Questions
What was Fulton Financial's revenue in the first quarter 2026?
Fulton Financial (FULT) reported revenue of $332M for the first quarter 2026 (Q1 2026), +4% from a year earlier and -1% from the quarter before.
Was Fulton Financial profitable in the first quarter 2026?
Operating profit was $117M (35.3% of revenue) and net earnings $94.8M.
Source: Fulton Financial 10-Q on SEC EDGAR.