# EDGAR Filing Document

**Accession Number:** 0000700564
**File Stem:** 0000700564-25-000037
**Filing Date:** 2025-7
**Character Count:** 115524
**Document Hash:** ee8f7ab0696a19211899a33fe407e6cc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000700564-25-000037.hdr.sgml**: 20250716

**ACCESSION NUMBER**: 0000700564-25-000037

**CONFORMED SUBMISSION TYPE**: 8-K/A

**PUBLIC DOCUMENT COUNT**: 37

**CONFORMED PERIOD OF REPORT**: 20250715

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250716

**DATE AS OF CHANGE**: 20250716

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FULTON FINANCIAL CORP
- **CENTRAL INDEX KEY:** 0000700564
- **STANDARD INDUSTRIAL CLASSIFICATION:** NATIONAL COMMERCIAL BANKS [6021]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 232195389
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39680
- **FILM NUMBER:** 251126170

**BUSINESS ADDRESS:**
- **STREET 1:** ONE PENN SQ
- **STREET 2:** PO BOX 4887
- **CITY:** LANCASTER
- **STATE:** PA
- **ZIP:** 17604
- **BUSINESS PHONE:** 7172912411

**MAIL ADDRESS:**
- **STREET 1:** ONE PENN SQ
- **STREET 2:** PO BOX 4887
- **CITY:** LANCASTER
- **STATE:** PA
- **ZIP:** 17604

?xml version='1.0' encoding='ASCII'? fult-20250715

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K/A** 

**Amendment No. 1**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

July 15, 2025

Date of Report (date of earliest event reported)

**Fulton Financial Corporation** 

**(Exact name of registrant as specified in its charter)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Pennsylvania** | **Pennsylvania** | **001-39680** | **001-39680** | **23-2195389** |
| (State or other jurisdiction of incorporation) | (State or other jurisdiction of incorporation) | (Commission File Number) | (Commission File Number) | (I.R.S. Employer Identification No.) |
| **One Penn Square,** | **P.O. Box 4887** | **Lancaster,** | **Pennsylvania** | **17604** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Address of Principal Executive Offices) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Address of Principal Executive Offices) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Address of Principal Executive Offices) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Address of Principal Executive Offices) | (Zip Code) |

---

**(717) 291-2411** 

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common stock, par value $2.50 | FULT | The Nasdaq Stock Market, LLC |
| Depositary Shares, Each Representing 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A | FULTP | The Nasdaq Stock Market, LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

□

------

**<u>Explanatory Note</u>**

On July 15, 2025, Fulton Financial Corporation (the "Corporation") issued a press release (the "Press Release") announcing its results of operations for the second quarter and six months ended June 30, 2025 and posted on its Investor Relations website, www.fultonbank.com, presentation materials (the "Presentation Materials") it intends to use during a conference call and webcast to discuss those results on Wednesday, July 16, 2025 at 10:00 a.m. Eastern Time. A copy of the Press Release was filed, and a copy of the Presentation Materials was furnished, with a Current Report on Form 8-K filed with the Securities and Exchange Commission on July 15, 2025 (the "Original Current Report"). This Amendment No. 1 is being filed solely to correct a typographical error citing the word "millions" which was corrected to "billions" when referring to the expected range of Non-FTE Net Interest Income ("NII") on Slide 10 titled "2025 Operating Guidance" of the Presentation Materials attached as Exhibit 99.2 to the Original Current Report. There are no other changes to the corrected Presentation Materials attached as Exhibit 99.2 to this Amendment No. 1. There are no changes to the Press Release attached as Exhibit 99.1 to this Amendment No. 1. The corrected version of the Presentation Materials has been posted to the Corporation's Investor Relations website.

**<u>Item 2.02 Results of Operations and Financial Condition.</u>**

&nbsp;&nbsp;&nbsp;&nbsp;On July 15, 2025, Fulton Financial Corporation (the "Corporation") issued a press release (the "Press Release") announcing its results of operations for the second quarter and six months ended June 30, 2025. A copy of the Press Release and supplementary financial information which accompanied the Press Release are attached as Exhibit 99.1 to this Current Report on Form 8-K (this "Current Report") and are incorporated herein by reference. The Corporation also posted on its Investor Relations website, <u>www.fultonbank.com</u>, presentation materials the Corporation intends to use during a conference call and webcast to discuss those results on Wednesday, July 16, 2025 at 10:00 a.m. eastern time. A copy of the presentation materials is attached as Exhibit 99.2 to this Current Report and is incorporated herein by reference.&nbsp;&nbsp;&nbsp;&nbsp;

The information included in Exhibit 99.1 shall be deemed filed for purposes of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and therefore may be incorporated by reference in filings under the Securities Act of 1933, as amended (the "Securities Act"). The information included in Exhibit 99.2 is being furnished and shall not be deemed filed for purposes of the Exchange Act or be incorporated by reference in any filing under the Securities Act.

Forward-Looking Statements

This Current Report, including Exhibits 99.1 and 99.2, may contain forward-looking statements with respect to the Corporation's financial condition, results of operations and business. Do not unduly rely on forward-looking statements. Forward-looking statements can be identified by the use of words such as "may," "should," "will," "could," "estimates," "predicts," "potential," "continue," "anticipates," "believes," "plans," "expects," "future," "intends," "projects," the negative of these terms and other comparable terminology. These forward-looking statements may include projections of, or guidance on, the Corporation's future financial performance, expected levels of future expenses, including future credit losses, anticipated growth strategies, descriptions of new business initiatives and anticipated trends in the Corporation's business or financial results. Management's "2025 Operating Guidance" contained in Exhibit 99.2 to this Current Report is comprised of forward-looking statements.

Forward-looking statements are neither historical facts nor assurance of future performance. Instead, the statements are based on current beliefs, expectations and assumptions regarding the future of the Corporation's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Corporation's control, and actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not unduly rely on any of these forward-looking statements. Any forward-looking statement is based only on information currently available and speaks only as of the date when made. The Corporation undertakes no obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

------

A discussion of certain risks and uncertainties affecting the Corporation, and some of the factors that could cause the Corporation's actual results to differ materially from those described in the forward-looking statements, can be found in the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Corporation's Annual Report on Form 10-K for the year ended December 31, 2024, Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 and other current and periodic reports, which have been, or will be, filed with the Securities and Exchange Commission (the "SEC") and are, or will be, available in the Investor Relations section of the Corporation's website (<u>www.fultonbank.com</u>) and on the SEC's website (<u>www.sec.gov</u>).

**<u>Item 9.01 Financial Statements and Exhibits.</u>**

(d)&nbsp;&nbsp;&nbsp;&nbsp;Exhibits.

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| | |
|:---|:---|
| **<u>Exhibit No.</u>** | **<u>Description</u>** |
| <u>[99.1](exhibit991063025earningsre.htm)</u> | Press release dated July 15, 2025 containing financial information for the second quarter and six months ended June 30, 2025, deemed filed under the Securities Exchange Act of 1934. |
| <u>[99.2](conferencecallslidescons.htm)</u> | Presentation materials to be discussed during the conference call and webcast on July 16, 2025, deemed furnished under the Securities Exchange Act of 1934. |
| 104 | Cover page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document) |

---

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
| Date: July 16, 2025 | **FULTON FINANCIAL CORPORATION** |
|  | By: /s/ Richard S. Kraemer |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Richard S. Kraemer |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Senior Executive Vice President and |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Chief Financial Officer |

---

## Exhibit 99.1

 **Exhibit 99.1**

**<u>FULTON FINANCIAL</u>**

CORPORATION

FOR IMMEDIATE RELEASE

Media Contact: Lacey Dean (717) 735-8688

Investor Contact: Matt Jozwiak (717) 327-2657

**Fulton Financial Corporation Announces 2025 Second Quarter Results**

(July 15, 2025) – Lancaster, PA – Fulton Financial Corporation (NASDAQ: FULT) ("Fulton" or the "Corporation") reported net income available to common shareholders of $96.6 million, or $0.53 per diluted share, for the second quarter of 2025, an increase of $6.2 million, or $0.04 per diluted share, in comparison to the first quarter of 2025. Operating net income available to common shareholders for the three months ended June 30, 2025 was $100.6 million<sup>(1)</sup>, or $0.55 per diluted share<sup>(1)</sup>, an increase of $5.2 million, or $0.03 per diluted share, in comparison to the first quarter of 2025.

Net income available to common shareholders for the six months ended June 30, 2025 was $187.1 million, or $1.02 per diluted share, an increase of $35.3 million, or $0.13 per diluted share, in comparison to the six months ended June 30, 2024. Operating net income available to common shareholders for the six months ended June 30, 2025, was $196.1 million<sup>(1)</sup>, or $1.07 per diluted share<sup>(1)</sup>, an increase of $48.2 million, or $0.20 per diluted share, in comparison to the six months ended June 30, 2024.

"I'm proud that our team has delivered a new company record, with operating net income of $100.6 million, or $0.55 per diluted share, this past quarter," said Curt Myers, Chairman and CEO of Fulton. "Our community banking strategy continues to provide significant value to customers and has once again resulted in strong bottom-line results for the company."

**<u>Financial Highlights</u>**

**Second quarter of 2025 operating results of $0.55 per diluted share were impacted by the following items:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Solid net interest margin of 3.47%, with a two basis point decrease in total cost of funds compared to the prior quarter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Non-interest income increased $1.9 million to $69.1 million compared to $67.2 million in the prior quarter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Non-interest expense increased $3.4 million to $192.8 million compared to $189.5 million in the prior quarter. Operating non-interest expense increased $4.8 million to $187.6 million<sup>(1)</sup> compared to $182.9 million in the prior quarter.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Provision for credit losses was $8.6 million resulting in an allowance for credit losses attributable to net loans of $377.3 million, or 1.57% of total net loans as of June 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net loans increased $150.0 million, or 2.5% annualized, compared to the prior quarter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Common equity tier 1 capital ratio<sup>(2)</sup> increased to approximately 11.3% compared to 11.1% in the prior quarter.

**The following items highlight notable changes in the components of net income in the second quarter of 2025 compared to the first quarter of 2025:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net interest income totaled $254.9 million, an increase of $3.7 million. Increases of $2.2 million in interest income on investment securities and $1.8 million in interest income on net loans were partially offset by a $1.0 million decrease in interest income on other interest-earning assets. A $1.7 million decrease in interest expense on deposits was partially offset by a $1.0 million increase in interest expense on borrowings and other interest-bearing liabilities. Purchase loan mark accretion from loans acquired in the Acquisition<sup>(3)</sup> was $11.4 million in the second quarter of 2025 compared to $13.1 million in the prior quarter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Non-interest income before investment securities gains (losses) was $69.1 million compared to $67.2 million in the prior quarter. The $1.9 million increase was primarily due to increases of $0.9 million in mortgage banking income, $0.8 million in merchant and card fee income, $0.6 million in cash management fee income, $0.5 million in overdraft fee income, $0.5 million in wealth management revenues, $0.5 million in other consumer deposit banking fees, $0.4 million in debit card fee income and $0.4 million in commercial customer interest rate derivative fee income, reflected in capital markets income, partially offset by a $2.7 million decrease in income from equity method investments, reflected in other income.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Non-interest expense was $192.8 million compared to $189.5 million in the prior quarter. The $3.4 million increase in non-interest expense was primarily due to a $3.6 million increase in salaries and employee benefits expense largely due to annual merit increases taking effect at the beginning of the second quarter of 2025, one additional calendar day in the second quarter of 2025 and an increase in incentive compensation expense. Additional drivers of the increase in non-interest expense included a $3.2 million increase in professional fees largely driven by a recovery of previously incurred fees in the first quarter of 2025, partially offset by decreases of $1.8 million in net occupancy costs largely due to a decrease in snow removal expense, $0.7 million in state tax expense, reflected in other expense, $0.6 million in FDIC insurance expense and $0.3 million in data processing and software expense.

------

**<u>Balance Sheet Summary</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net loans totaled $24.0 billion, an increase of $150.0 million, compared to $23.9 billion as of March 31, 2025. The increase in net loans was due to increases of $117.4 million in consumer loans<sup>(4)</sup> and $32.6 million in commercial and other loans<sup>(4)</sup>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Deposits totaled $26.1 billion, a decrease of $190.9 million, compared to $26.3 billion as of March 31, 2025. The decrease was primarily due to decreases of $211.3 million in interest-bearing demand deposits, $98.2 million in noninterest-bearing demand deposits and $23.8 million in time deposits, partially offset by increases of $78.9 million in brokered deposits and $63.4 million in savings deposits.

**<u>Provision for Credit Losses and Asset Quality</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The provision for credit losses was $8.6 million in the second quarter of 2025, resulting in a $377.3 million allowance for credit losses attributable to net loans, or 1.57% of total net loans as of June 30, 2025, compared to $379.7 million, or 1.59% of total net loans as of March 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Non-performing assets were $215.6 million, or 0.67% of total assets, as of June 30, 2025, in comparison to $199.0 million, or 0.62% of total assets, as of March 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Annualized net charge-offs for the second quarter of 2025 were 0.20% of total average loans in comparison to 0.21% in the prior quarter.

Additional information on Fulton is available on the Internet at www.fultonbank.com.

<sup>(1)</sup> Financial measure derived by methods other than generally accepted accounting principles ("GAAP"). Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of the press release.

<sup>(2)</sup> Regulatory capital ratios as of June 30, 2025, are preliminary estimates and prior periods are actual.

<sup>(3)</sup> On April 26, 2024, the Corporation announced that its wholly owned banking subsidiary, Fulton Bank, National Association ("Fulton Bank"),

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;acquired substantially all of the assets and assumed substantially all of the deposits and certain liabilities of Republic First Bank, doing

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;business as Republic Bank ("Republic Bank"), from the Federal Deposit Insurance Corporation (the "FDIC"), as receiver for Republic Bank (the

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;"Acquisition"), pursuant to the terms of the Purchase and Assumption Agreement - Whole Bank, All Deposits, effective as of April 26, 2024 among the FDIC, as receiver of Republic Bank, the FDIC and Fulton Bank..

<sup>(4)</sup> Commercial loans include real estate - commercial mortgage, commercial and industrial, leases and other loans and includes a decrease in commercial construction loans of $26.1 million, reflected in real estate - construction. Consumer loans include real estate - residential mortgage, real estate - home equity, consumer and includes an increase of $5.8 million in residential construction loans, reflected in real estate - construction.

------

**<u>Safe Harbor Statement</u>**

This press release may contain forward-looking statements with respect to the Corporation's financial condition, results of operations and business. Do not unduly rely on forward-looking statements. Forward-looking statements can be identified by the use of words such as "may," "should," "will," "could," "estimates," "predicts," "potential," "continue," "anticipates," "believes," "plans," "expects," "future," "intends," "projects," the negative of these terms and other comparable terminology. These forward-looking statements may include projections of, or guidance on, the Corporation's future financial performance, expected levels of future expenses, including future credit losses, anticipated growth strategies, descriptions of new business initiatives and anticipated trends in the Corporation's business or financial results.

Forward-looking statements are neither historical facts, nor assurance of future performance. Instead, the statements are based on current beliefs, expectations and assumptions regarding the future of the Corporation's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Corporation's control, and actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not unduly rely on any of these forward-looking statements. Any forward-looking statement is based only on information currently available and speaks only as of the date when made. The Corporation undertakes no obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

A discussion of certain risks and uncertainties affecting the Corporation, and some of the factors that could cause the Corporation's actual results to differ materially from those described in the forward-looking statements, can be found in the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Corporation's Annual Report on Form 10-K for the year ended December 31, 2024, Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 and other current and periodic reports, which have been, or will be, filed with the Securities and Exchange Commission (the "SEC") and are, or will be, available in the Investor Relations section of the Corporation's website (www.fultonbank.com) and on the SEC's website (www.sec.gov).

------

**<u>Non-GAAP Financial Measures</u>**

The Corporation uses certain financial measures in this press release that have been derived from methods other than GAAP. These non-GAAP financial measures are reconciled to the most comparable GAAP measures in tables at the end of this press release.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | | | |
| **SUMMARY CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)** | **SUMMARY CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)** | **SUMMARY CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)** | | | |
| **(dollars in thousands, except per share and shares data)** | **(dollars in thousands, except per share and shares data)** | **(dollars in thousands, except per share and shares data)** | | | |
| | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** |
| | **Jun 30** | **Mar 31** | **Dec 31** | **Sep 30** | **Jun 30** |
|  | **2025** | **2025** | **2024** | **2024** | **2024** |
| **<u>Ending Balances</u>** |  |  |  |  |  |
| Investment securities<sup>(1)</sup> | $5093027 | $5071323 | $4806468 | $4545278 | $4184027 |
| Net loans | 24012539 | 23862574 | 24044919 | 24176075 | 24106297 |
| Total assets | 32040448 | 32132028 | 32071810 | 32185726 | 31769813 |
| Deposits | 26138067 | 26328972 | 26129433 | 26152144 | 25559654 |
| Shareholders' equity | 3329246 | 3274321 | 3197325 | 3203943 | 3101609 |
| **<u>Average Balances</u>** |  |  |  |  |  |
| Investment securities<sup>(1)</sup> | 5084371 | 4906952 | 4771537 | 4237805 | 4043136 |
| Net loans | 23899743 | 24006863 | 24068784 | 24147801 | 23345914 |
| Total assets | 31901574 | 31971601 | 32098852 | 31895235 | 30774891 |
| Deposits | 26125602 | 26169883 | 26313378 | 25778259 | 24642954 |
| Shareholders' equity | 3304015 | 3254125 | 3219026 | 3160322 | 2952671 |
| **<u>Income Statement</u>** |  |  |  |  |  |
| Net interest income | 254921 | 251187 | 253659 | 258009 | 241720 |
| Provision for credit losses | 8607 | 13898 | 16725 | 11929 | 32056 |
| Non-interest income | 69148 | 67232 | 65924 | 59673 | 92994 |
| Non-interest expense | 192811 | 189460 | 216615 | 226089 | 199488 |
| Income before taxes | 122651 | 115061 | 86243 | 79664 | 103170 |
| Net income available to common shareholders | 96636 | 90425 | 66058 | 60644 | 92413 |
| **<u>Per Share</u>** |  |  |  |  |  |
| Net income available to common shareholders (basic) | $0.53 | $0.50 | $0.36 | $0.33 | $0.53 |
| Net income available to common shareholders (diluted) | $0.53 | $0.49 | $0.36 | $0.33 | $0.52 |
| Operating net income available to common shareholders<sup>(2)</sup> | $0.55 | $0.52 | $0.48 | $0.50 | $0.47 |
| Cash dividends | $0.18 | $0.18 | $0.18 | $0.17 | $0.17 |
| Common shareholders' equity | $17.20 | $16.91 | $16.50 | $16.55 | $16.00 |
| Common shareholders' equity (tangible)<sup>(2)</sup> | $13.78 | $13.46 | $13.01 | $13.02 | $12.43 |
| Weighted average shares (basic) | 182261 | 182179 | 182032 | 181905 | 175305 |
| Weighted average shares (diluted) | 183813 | 184077 | 183867 | 183609 | 176934 |
| <sup>(1)</sup> Includes related unrealized holding gains (losses) for available for sale ("AFS") securities. | <sup>(1)</sup> Includes related unrealized holding gains (losses) for available for sale ("AFS") securities. | <sup>(1)</sup> Includes related unrealized holding gains (losses) for available for sale ("AFS") securities. | <sup>(1)</sup> Includes related unrealized holding gains (losses) for available for sale ("AFS") securities. | <sup>(1)</sup> Includes related unrealized holding gains (losses) for available for sale ("AFS") securities. | <sup>(1)</sup> Includes related unrealized holding gains (losses) for available for sale ("AFS") securities. |
| <sup>(2)</sup> Non-GAAP financial measure. Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of this press release. | <sup>(2)</sup> Non-GAAP financial measure. Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of this press release. | <sup>(2)</sup> Non-GAAP financial measure. Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of this press release. | <sup>(2)</sup> Non-GAAP financial measure. Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of this press release. | <sup>(2)</sup> Non-GAAP financial measure. Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of this press release. | <sup>(2)</sup> Non-GAAP financial measure. Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of this press release. |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** |
| | **Jun 30**<br>**2025** | **Mar 31**<br>**2025** | **Dec 31**<br>**2024** | **Sep 30**<br>**2024** | **Jun 30**<br>**2024** |
| **<u>Asset Quality</u>** |  |  |  |  |  |
| Net charge-offs to average loans (annualized) | 0.20% | 0.21% | 0.22% | 0.18% | 0.19% |
| Non-performing loans to total net loans | 0.89% | 0.82% | 0.92% | 0.84% | 0.72% |
| Non-performing assets to total assets | 0.67% | 0.62% | 0.69% | 0.64% | 0.55% |
| ACL - loans<sup>(1)</sup> to total loans | 1.57% | 1.59% | 1.58% | 1.56% | 1.56% |
| ACL - loans<sup>(1)</sup> to non-performing loans | 177% | 193% | 172% | 186% | 218% |
| **<u>Profitability</u>** |  |  |  |  |  |
| Return on average assets | 1.25% | 1.18% | 0.85% | 0.79% | 1.24% |
| Operating return on average assets<sup>(2)</sup> | 1.30% | 1.25% | 1.14% | 1.17% | 1.11% |
| Return on average common shareholders' equity | 12.46% | 11.98% | 8.68% | 8.13% | 13.47% |
| Operating return on average common shareholders' equity (tangible)<sup>(2)</sup> | 16.26% | 15.95% | 14.83% | 15.65% | 15.56% |
| Net interest margin | 3.47% | 3.43% | 3.41% | 3.49% | 3.43% |
| Efficiency ratio<sup>(2)</sup> | 57.1% | 56.7% | 58.4% | 59.6% | 62.6% |
| Non-interest expense to total average assets | 2.42% | 2.40% | 2.68% | 2.82% | 2.61% |
| Operating non-interest expense to total average assets<sup>(2)</sup> | 2.36% | 2.32% | 2.36% | 2.45% | 2.55% |
| **<u>Capital Ratios</u>**<sup>(3)</sup> |  |  |  |  |  |
| Tangible common equity ratio ("TCE")<sup>(2)</sup> | 8.0% | 7.8% | 7.5% | 7.5% | 7.3% |
| Tier 1 leverage ratio | 9.3% | 9.2% | 9.0% | 9.0% | 9.2% |
| Common equity Tier 1 capital ratio | 11.3% | 11.1% | 10.8% | 10.5% | 10.3% |
| Tier 1 risk-based capital ratio | 12.1% | 11.9% | 11.5% | 11.3% | 11.1% |
| Total risk-based capital ratio | 14.7% | 14.5% | 14.3% | 14.0% | 13.8% |
| <sup>(1)</sup> "ACL - loans" relates to the allowance for credit losses ("ACL") specifically on "Net Loans" and does not include the ACL related to off-balance-sheet <br>&nbsp;&nbsp;&nbsp;&nbsp;("OBS") credit exposures. | <sup>(1)</sup> "ACL - loans" relates to the allowance for credit losses ("ACL") specifically on "Net Loans" and does not include the ACL related to off-balance-sheet <br>&nbsp;&nbsp;&nbsp;&nbsp;("OBS") credit exposures. | <sup>(1)</sup> "ACL - loans" relates to the allowance for credit losses ("ACL") specifically on "Net Loans" and does not include the ACL related to off-balance-sheet <br>&nbsp;&nbsp;&nbsp;&nbsp;("OBS") credit exposures. | <sup>(1)</sup> "ACL - loans" relates to the allowance for credit losses ("ACL") specifically on "Net Loans" and does not include the ACL related to off-balance-sheet <br>&nbsp;&nbsp;&nbsp;&nbsp;("OBS") credit exposures. | <sup>(1)</sup> "ACL - loans" relates to the allowance for credit losses ("ACL") specifically on "Net Loans" and does not include the ACL related to off-balance-sheet <br>&nbsp;&nbsp;&nbsp;&nbsp;("OBS") credit exposures. | <sup>(1)</sup> "ACL - loans" relates to the allowance for credit losses ("ACL") specifically on "Net Loans" and does not include the ACL related to off-balance-sheet <br>&nbsp;&nbsp;&nbsp;&nbsp;("OBS") credit exposures. |
| <sup>(2)</sup> Non-GAAP financial measure. Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of this press release. | <sup>(2)</sup> Non-GAAP financial measure. Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of this press release. | <sup>(2)</sup> Non-GAAP financial measure. Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of this press release. | <sup>(2)</sup> Non-GAAP financial measure. Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of this press release. | <sup>(2)</sup> Non-GAAP financial measure. Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of this press release. | <sup>(2)</sup> Non-GAAP financial measure. Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of this press release. |
| <sup>(3)</sup> Regulatory capital ratios as of June 30, 2025 are preliminary estimates and prior periods are actual. | <sup>(3)</sup> Regulatory capital ratios as of June 30, 2025 are preliminary estimates and prior periods are actual. | <sup>(3)</sup> Regulatory capital ratios as of June 30, 2025 are preliminary estimates and prior periods are actual. | <sup>(3)</sup> Regulatory capital ratios as of June 30, 2025 are preliminary estimates and prior periods are actual. | <sup>(3)</sup> Regulatory capital ratios as of June 30, 2025 are preliminary estimates and prior periods are actual. | <sup>(3)</sup> Regulatory capital ratios as of June 30, 2025 are preliminary estimates and prior periods are actual. |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | |
| **CONDENSED CONSOLIDATED ENDING BALANCE SHEETS (UNAUDITED)** | **CONDENSED CONSOLIDATED ENDING BALANCE SHEETS (UNAUDITED)** | **CONDENSED CONSOLIDATED ENDING BALANCE SHEETS (UNAUDITED)** | **CONDENSED CONSOLIDATED ENDING BALANCE SHEETS (UNAUDITED)** | **CONDENSED CONSOLIDATED ENDING BALANCE SHEETS (UNAUDITED)** | |
| **(dollars in thousands)** | **(dollars in thousands)** | **(dollars in thousands)** | **(dollars in thousands)** | **(dollars in thousands)** | |
| | **Jun 30** | **Mar 31** | **Dec 31** | **Sep 30** | **Jun 30** |
|  | **2025** | **2025** | **2024** | **2024** | **2024** |
| **<u>ASSETS</u>** | **<u>ASSETS</u>** |  |  |  |  |
| Cash and due from banks | $362280 | $388503 | $279041 | $296500 | $333238 |
| Other interest-earning assets | 583899 | 778117 | 924404 | 1287392 | 1188341 |
| Loans held for sale | 23281 | 15965 | 25618 | 17678 | 26822 |
| Investment securities | 5093027 | 5071323 | 4806468 | 4545278 | 4184027 |
| Net loans | 24012539 | 23862574 | 24044919 | 24176075 | 24106297 |
| Less: ACL - loans<sup>(1)</sup> | (377337) | (379677) | (379156) | (375961) | (375941) |
| &nbsp;&nbsp;&nbsp;&nbsp;Loans, net | 23635202 | 23482897 | 23665763 | 23800114 | 23730356 |
| Net premises and equipment | 184290 | 186873 | 195527 | 171731 | 180642 |
| Accrued interest receivable | 117130 | 116215 | 117029 | 115903 | 120752 |
| Goodwill and intangible assets | 623729 | 629189 | 635458 | 641739 | 648026 |
| Other assets | 1417610 | 1462946 | 1422502 | 1309391 | 1357609 |
| **&nbsp;&nbsp;&nbsp;&nbsp;Total Assets** | $32040448 | $32132028 | $32071810 | $32185726 | $31769813 |
| **<u>LIABILITIES AND SHAREHOLDERS' EQUITY</u>** | **<u>LIABILITIES AND SHAREHOLDERS' EQUITY</u>** |  |  |  |  |
| Deposits | $26138067 | $26328972 | $26129433 | $26152144 | $25559654 |
| Borrowings | 1773900 | 1657200 | 1782048 | 2052227 | 2178597 |
| Other liabilities | 799235 | 871535 | 963004 | 777412 | 929953 |
| **&nbsp;&nbsp;&nbsp;&nbsp;Total Liabilities** | 28711202 | 28857707 | 28874485 | 28981783 | 28668204 |
| Shareholders' equity | 3329246 | 3274321 | 3197325 | 3203943 | 3101609 |
| **&nbsp;&nbsp;&nbsp;&nbsp;Total Liabilities and Shareholders' Equity** | $32040448 | $32132028 | $32071810 | $32185726 | $31769813 |
| **<u>LOANS, DEPOSITS AND BORROWINGS DETAIL:</u>** | **<u>LOANS, DEPOSITS AND BORROWINGS DETAIL:</u>** | **<u>LOANS, DEPOSITS AND BORROWINGS DETAIL:</u>** |  |  |  |
| Loans, by type: | Loans, by type: |  |  |  |  |
| Real estate - commercial mortgage | $9678038 | $9676517 | $9601858 | $9493479 | $9289770 |
| Commercial and industrial | 4541765 | 4531266 | 4605589 | 4914734 | 4967796 |
| Real estate - residential mortgage | 6511687 | 6409657 | 6349643 | 6302624 | 6248856 |
| Real estate - home equity | 1193410 | 1170470 | 1160616 | 1144402 | 1120878 |
| Real estate - construction | 1155099 | 1175445 | 1394899 | 1332954 | 1463799 |
| Consumer | 583949 | 597305 | 616856 | 651717 | 692086 |
| Leases and other loans<sup>(2)</sup> | 348591 | 301914 | 315458 | 336165 | 323112 |
| **Total Net Loans** | $24012539 | $23862574 | $24044919 | $24176075 | $24106297 |
| Deposits, by type: | Deposits, by type: |  |  |  |  |
| Noninterest-bearing demand | $5337771 | $5435934 | $5499760 | $5501699 | $5609383 |
| Interest-bearing demand | 7593083 | 7804388 | 7843604 | 7779472 | 7478077 |
| Savings | 8271925 | 8208526 | 7792114 | 7740595 | 7563495 |
| *&nbsp;&nbsp;&nbsp;&nbsp; Total demand and savings* | 21202779 | 21448848 | 21135478 | 21021766 | 20650955 |
| Brokered | 817398 | 738458 | 843857 | 843473 | 995975 |
| Time | 4117890 | 4141666 | 4150098 | 4286905 | 3912724 |
| **Total Deposits** | $26138067 | $26328972 | $26129433 | $26152144 | $25559654 |
| Borrowings, by type: | Borrowings, by type: |  |  |  |  |
| Federal Home Loan Bank advances | $800000 | $750000 | $850000 | $950000 | $750000 |
| Senior debt and subordinated debt | 367476 | 367396 | 367316 | 535917 | 535741 |
| Other borrowings | 606424 | 539804 | 564732 | 566310 | 892856 |
| **Total Borrowings** | $1773900 | $1657200 | $1782048 | $2052227 | $2178597 |
| <sup>(1)</sup> "ACL - loans" relates to the ACL specifically on "Net Loans" and does not include the ACL related to OBS credit exposures. | <sup>(1)</sup> "ACL - loans" relates to the ACL specifically on "Net Loans" and does not include the ACL related to OBS credit exposures. | <sup>(1)</sup> "ACL - loans" relates to the ACL specifically on "Net Loans" and does not include the ACL related to OBS credit exposures. | <sup>(1)</sup> "ACL - loans" relates to the ACL specifically on "Net Loans" and does not include the ACL related to OBS credit exposures. | <sup>(1)</sup> "ACL - loans" relates to the ACL specifically on "Net Loans" and does not include the ACL related to OBS credit exposures. | <sup>(1)</sup> "ACL - loans" relates to the ACL specifically on "Net Loans" and does not include the ACL related to OBS credit exposures. |
| <sup>(2)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(2)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(2)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(2)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(2)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(2)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | | |
| **CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)** | **CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)** | **CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)** | **CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)** | **CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)** | **CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)** | | |
| **(dollars in thousands, except per share and share data)** | **(dollars in thousands, except per share and share data)** | **(dollars in thousands, except per share and share data)** | **(dollars in thousands, except per share and share data)** | **(dollars in thousands, except per share and share data)** | **(dollars in thousands, except per share and share data)** | | |
| | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** | **Six months ended** | **Six months ended** |
| | **Jun 30** | **Mar 31** | **Dec 31** | **Sep 30** | **Jun 30** | **Jun 30** | **Jun 30** |
|  | **2025** | **2025** | **2024** | **2024** | **2024** | **2025** | **2024** |
| Net Interest Income: |  |  |  |  |  |  |  |
| Interest income | $402761 | $399692 | $414368 | $427656 | $400506 | $802452 | $740172 |
| Interest expense | 147840 | 148505 | 160709 | 169647 | 158786 | 296345 | 291515 |
| **&nbsp;&nbsp;&nbsp;&nbsp;Net Interest Income** | 254921 | 251187 | 253659 | 258009 | 241720 | 506107 | 448657 |
| Provision for credit losses | 8607 | 13898 | 16725 | 11929 | 32056 | 22505 | 42981 |
| **&nbsp;&nbsp;&nbsp;&nbsp;Net Interest Income after Provision** | 246314 | 237289 | 236934 | 246080 | 209664 | 483602 | 405676 |
| Non-Interest Income: |  |  |  |  |  |  |  |
| Wealth management | 22281 | 21785 | 22002 | 21596 | 20990 | 44066 | 41144 |
| Commercial banking: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Merchant and card | 7376 | 6591 | 7082 | 7496 | 7798 | 13967 | 14607 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash management | 8376 | 7799 | 7633 | 7201 | 6966 | 16175 | 13271 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital markets | 2945 | 2411 | 2797 | 3311 | 2585 | 5356 | 4926 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other commercial banking | 4734 | 4528 | 4942 | 4281 | 4061 | 9262 | 7434 |
| &nbsp;&nbsp;&nbsp;&nbsp;*Total commercial banking* | 23431 | 21329 | 22454 | 22289 | 21410 | 44760 | 40238 |
| Consumer banking: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Card | 7958 | 7544 | 8064 | 7917 | 8305 | 15502 | 14933 |
| &nbsp;&nbsp;&nbsp;&nbsp;Overdraft | 3817 | 3295 | 3644 | 3957 | 3377 | 7112 | 6163 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other consumer banking | 2753 | 2229 | 2601 | 3054 | 2918 | 4982 | 5172 |
| &nbsp;&nbsp;&nbsp;&nbsp;*Total consumer banking* | 14528 | 13068 | 14309 | 14928 | 14600 | 27596 | 26268 |
| Mortgage banking | 3991 | 3138 | 3759 | 3142 | 3951 | 7130 | 7041 |
| Gain on acquisition, net of tax |  |  | (2689) | (7706) | 47392 |  | 47392 |
| Other | 4917 | 7914 | 6089 | 5425 | 4933 | 12830 | 8332 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Non-interest income before investment securities gains (losses)** | 69148 | 67234 | 65924 | 59674 | 113276 | 136382 | 170415 |
| Investment securities losses, net |  | (2) |  | (1) | (20282) | (2) | (20282) |
| **&nbsp;&nbsp;&nbsp;&nbsp;Total Non-Interest Income** | 69148 | 67232 | 65924 | 59673 | 92994 | 136380 | 150133 |
| Non-Interest Expense: |  |  |  |  |  |  |  |
| Salaries and employee benefits | 107123 | 103526 | 107886 | 118824 | 110630 | 210649 | 206111 |
| Data processing and software | 18262 | 18599 | 19550 | 20314 | 20357 | 36861 | 38018 |
| Net occupancy | 16410 | 18207 | 16417 | 18999 | 17793 | 34617 | 33943 |
| Other outside services | 12009 | 11837 | 14531 | 15839 | 16933 | 23846 | 30216 |
| Intangible amortization | 5460 | 6269 | 6282 | 6287 | 4688 | 11729 | 5261 |
| FDIC insurance | 4951 | 5597 | 5921 | 5109 | 6696 | 10549 | 12800 |
| Equipment | 4100 | 4150 | 4388 | 4860 | 4561 | 8249 | 8602 |
| Marketing | 2604 | 2521 | 2695 | 2251 | 2101 | 5124 | 4012 |
| Professional fees | 2163 | (1078) | 3387 | 2811 | 2571 | 1085 | 4659 |
| Acquisition-related expenses |  | 380 | 9637 | 14195 | 13803 | 380 | 13803 |
| Other | 19729 | 19452 | 25921 | 16600 | (645) | 39181 | 19662 |
| **&nbsp;&nbsp;&nbsp;&nbsp;Total Non-Interest Expense** | 192811 | 189460 | 216615 | 226089 | 199488 | 382270 | 377087 |
| **&nbsp;&nbsp;&nbsp;&nbsp;Income Before Income Taxes** | 122651 | 115061 | 86243 | 79664 | 103170 | 237712 | 178722 |
| Income tax expense | 23453 | 22074 | 17623 | 16458 | 8195 | 45527 | 21806 |
| **&nbsp;&nbsp;&nbsp;&nbsp;Net Income** | 99198 | 92987 | 68620 | 63206 | 94975 | 192185 | 156916 |
| Preferred stock dividends | (2562) | (2562) | (2562) | (2562) | (2562) | (5124) | (5124) |
| **&nbsp;&nbsp;&nbsp;&nbsp; Net Income Available to Common Shareholders** | $96636 | $90425 | $66058 | $60644 | $92413 | $187061 | $151792 |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** | **Six months ended** | **Six months ended** |
| | | | | | | **Jun 30** | **Jun 30** |
| | **Jun 30**<br>**2025** | **Mar 31**<br>**2025** | **Dec 31**<br>**2024** | **Sep 30**<br>**2024** | **Jun 30**<br>**2024** | **2025** | **2024** |
| **<u>PER SHARE:</u>** |  |  |  |  |  |  |  |
| Net income available to common shareholders (basic) | $0.53 | $0.50 | $0.36 | $0.33 | $0.53 | $1.03 | $0.90 |
| Net income available to common shareholders (diluted) | $0.53 | $0.49 | $0.36 | $0.33 | $0.52 | $1.02 | $0.89 |
| Cash dividends | $0.18 | $0.18 | $0.18 | $0.17 | $0.17 | $0.36 | $0.34 |
| Weighted average shares (basic) | 182261 | 182179 | 182032 | 181905 | 175305 | 182220 | 169006 |
| Weighted average shares (diluted) | 183813 | 184077 | 183867 | 183609 | 176934 | 183999 | 170769 |

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | | | |
| **CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)** | **CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)** | **CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)** | **CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)** | **CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)** | **CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)** | **CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)** | | | |
| **(dollars in thousands)** | **(dollars in thousands)** | **(dollars in thousands)** | **(dollars in thousands)** | **(dollars in thousands)** | **(dollars in thousands)** | **(dollars in thousands)** | | | |
| | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** |
| | **June 30, 2025** | **June 30, 2025** | **June 30, 2025** | **March 31, 2025** | **March 31, 2025** | **March 31, 2025** | **June 30, 2024** | **June 30, 2024** | **June 30, 2024** |
| | **Average**<br>**Balance** |<br>**Interest**<sup>(1)</sup> | **Yield/**<br>**Rate** | **Average**<br>**Balance** |<br>**Interest**<sup>(1)</sup> | **Yield/**<br>**Rate** | **Average**<br>**Balance** |<br>**Interest**<sup>(1)</sup> | **Yield/**<br>**Rate** |
| **<u>ASSETS</u>** | | | | | | | | | |
| Interest-earning assets: | Interest-earning assets: |  |  |  |  |  |  |  |  |
| Net loans<sup>(2)</sup> | 23899742 | 349490 | 5.86% | 24006863 | 347626 | 5.86% | $23345914 | $355533 | 6.12% |
| Investment securities<sup>(3)</sup> | 5390953 | 49463 | 3.67% | 5199000 | 47242 | 3.63% | 4396050 | 33799 | 3.07% |
| Other interest-earning assets | 682075 | 8197 | 4.82% | 793126 | 9164 | 4.67% | 1125886 | 15730 | 5.61% |
| **Total Interest-Earning Assets** | 29972770 | 407150 | 5.44% | 29998989 | 404032 | 5.44% | 28867850 | 405062 | 5.64% |
| Noninterest-earning assets: | Noninterest-earning assets: |  |  |  |  |  |  |  |  |
| Cash and due from banks | 277880 |  |  | 301897 |  |  | 302381 |  |  |
| Premises and equipment | 186989 |  |  | 191248 |  |  | 203166 |  |  |
| Other assets | 1848891 |  |  | 1864996 |  |  | 1759138 |  |  |
| Less: ACL - loans<sup>(4)</sup> | (384956) |  |  | (385529) |  |  | (357644) |  |  |
| **Total Assets** | 31901574 |  |  | 31971601 |  |  | $30774891 |  |  |
| **<u>LIABILITIES AND SHAREHOLDERS' EQUITY</u>** | **<u>LIABILITIES AND SHAREHOLDERS' EQUITY</u>** |  |  |  |  |  |  |  |  |
| Interest-bearing liabilities: | Interest-bearing liabilities: |  |  |  |  |  |  |  |  |
| Demand deposits | 7800881 | 34745 | 1.79% | 7753586 | 34189 | 1.79% | $7080302 | $31748 | 1.80% |
| Savings deposits | 8219637 | 47462 | 2.32% | 7971728 | 45101 | 2.29% | 7309141 | 44901 | 2.47% |
| Brokered deposits | 688957 | 7495 | 4.36% | 904722 | 10038 | 4.50% | 1123328 | 15074 | 5.40% |
| Time deposits | 4112130 | 39492 | 3.85% | 4127784 | 41564 | 4.08% | 3670158 | 39364 | 4.31% |
| **Total Interest-Bearing Deposits** | 20821605 | 129194 | 2.49% | 20757820 | 130892 | 2.56% | 19182929 | 131087 | 2.75% |
| Borrowings and other interest-bearing liabilities | 1756246 | 18646 | 4.26% | 1754900 | 17613 | 4.07% | 2441691 | 27699 | 4.53% |
| **Total Interest-Bearing Liabilities** | 22577851 | 147840 | 2.62% | 22512720 | 148505 | 2.67% | 21624620 | 158786 | 2.95% |
| Noninterest-bearing liabilities: | Noninterest-bearing liabilities: |  |  |  |  |  |  |  |  |
| Demand deposits | 5303997 |  |  | 5412063 |  |  | 5460025 |  |  |
| Other liabilities | 715711 |  |  | 792693 |  |  | 737575 |  |  |
| **Total Liabilities** | 28597559 |  |  | 28717476 |  |  | 27822220 |  |  |
| Total Deposits | 26125602 |  | 1.98% | 26169883 |  | 2.03% | 24642954 |  | 2.14% |
| **Total interest-bearing liabilities and non-interest bearing deposits (cost of funds)** | 27881848 |  | 2.13% | 27924783 |  | 2.15% | 27084645 |  | 2.35% |
| Shareholders' equity | 3304015 |  |  | 3254125 |  |  | 2952671 |  |  |
| **Total Liabilities and Shareholders' Equity** | 31901574 |  |  | 31971601 |  |  | $30774891 |  |  |
| Net interest income/net interest margin (fully taxable equivalent) |  | 259310 | 3.47% |  | 255527 | 3.43% |  | 246276 | 3.43% |
| Tax equivalent adjustment |  | (4389) |  |  | (4340) |  |  | (4556) |  |
| **Net Interest Income** |  | 254921 |  |  | 251187 |  |  | $241720 |  |
| <sup>(1)</sup> Presented on a fully taxable-equivalent basis using a 21% federal tax rate and statutory interest expense disallowances. | <sup>(1)</sup> Presented on a fully taxable-equivalent basis using a 21% federal tax rate and statutory interest expense disallowances. | <sup>(1)</sup> Presented on a fully taxable-equivalent basis using a 21% federal tax rate and statutory interest expense disallowances. | <sup>(1)</sup> Presented on a fully taxable-equivalent basis using a 21% federal tax rate and statutory interest expense disallowances. | <sup>(1)</sup> Presented on a fully taxable-equivalent basis using a 21% federal tax rate and statutory interest expense disallowances. | <sup>(1)</sup> Presented on a fully taxable-equivalent basis using a 21% federal tax rate and statutory interest expense disallowances. |  |  |  |  |
| <sup>(2)</sup> Average balances include non-performing loans. | <sup>(2)</sup> Average balances include non-performing loans. | <sup>(2)</sup> Average balances include non-performing loans. | <sup>(2)</sup> Average balances include non-performing loans. | <sup>(2)</sup> Average balances include non-performing loans. | <sup>(2)</sup> Average balances include non-performing loans. | <sup>(2)</sup> Average balances include non-performing loans. | <sup>(2)</sup> Average balances include non-performing loans. | <sup>(2)</sup> Average balances include non-performing loans. | <sup>(2)</sup> Average balances include non-performing loans. |
| <sup>(3)</sup> Average balances include amortized historical cost for AFS securities; the related unrealized holding gains (losses) are included in other assets. | <sup>(3)</sup> Average balances include amortized historical cost for AFS securities; the related unrealized holding gains (losses) are included in other assets. | <sup>(3)</sup> Average balances include amortized historical cost for AFS securities; the related unrealized holding gains (losses) are included in other assets. | <sup>(3)</sup> Average balances include amortized historical cost for AFS securities; the related unrealized holding gains (losses) are included in other assets. | <sup>(3)</sup> Average balances include amortized historical cost for AFS securities; the related unrealized holding gains (losses) are included in other assets. | <sup>(3)</sup> Average balances include amortized historical cost for AFS securities; the related unrealized holding gains (losses) are included in other assets. | <sup>(3)</sup> Average balances include amortized historical cost for AFS securities; the related unrealized holding gains (losses) are included in other assets. | <sup>(3)</sup> Average balances include amortized historical cost for AFS securities; the related unrealized holding gains (losses) are included in other assets. | <sup>(3)</sup> Average balances include amortized historical cost for AFS securities; the related unrealized holding gains (losses) are included in other assets. | <sup>(3)</sup> Average balances include amortized historical cost for AFS securities; the related unrealized holding gains (losses) are included in other assets. |
| <sup>(4)</sup> ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities. | <sup>(4)</sup> ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities. | <sup>(4)</sup> ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities. | <sup>(4)</sup> ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities. | <sup>(4)</sup> ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities. | <sup>(4)</sup> ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities. | <sup>(4)</sup> ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities. | <sup>(4)</sup> ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities. | <sup>(4)</sup> ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities. | <sup>(4)</sup> ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities. |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** |
| **AVERAGE LOANS, DEPOSITS AND BORROWINGS DETAIL (UNAUDITED)** | **AVERAGE LOANS, DEPOSITS AND BORROWINGS DETAIL (UNAUDITED)** | **AVERAGE LOANS, DEPOSITS AND BORROWINGS DETAIL (UNAUDITED)** | **AVERAGE LOANS, DEPOSITS AND BORROWINGS DETAIL (UNAUDITED)** | **AVERAGE LOANS, DEPOSITS AND BORROWINGS DETAIL (UNAUDITED)** | **AVERAGE LOANS, DEPOSITS AND BORROWINGS DETAIL (UNAUDITED)** |
| **(dollars in thousands)** | **(dollars in thousands)** | **(dollars in thousands)** | **(dollars in thousands)** | **(dollars in thousands)** | **(dollars in thousands)** |
| | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** |
| | **Jun 30** | **Mar 31** | **Dec 31** | **Sep 30** | **Jun 30** |
|  | **2025** | **2025** | **2024** | **2024** | **2024** |
| Loans, by type: |  |  |  |  |  |
| Real estate - commercial mortgage | $9652320 | $9655283 | $9595996 | $9318273 | $8958139 |
| Commercial and industrial | 4530085 | 4608401 | 4730101 | 4998051 | 4853583 |
| Real estate - residential mortgage | 6448443 | 6367978 | 6319205 | 6268922 | 5977132 |
| Real estate - home equity | 1179109 | 1160713 | 1116665 | 1122313 | 1117367 |
| Real estate - construction | 1172138 | 1296090 | 1312245 | 1437907 | 1430057 |
| Consumer | 599505 | 615741 | 665261 | 682602 | 685183 |
| Leases and other loans<sup>(1)</sup> | 318142 | 302657 | 329311 | 319733 | 324453 |
| **Total Net Loans** | $23899742 | $24006863 | $24068784 | $24147801 | $23345914 |
| Deposits, by type: |  |  |  |  |  |
| Noninterest-bearing demand | $5303997 | $5412063 | $5558110 | $5495950 | $5460025 |
| Interest-bearing demand | 7800881 | 7753586 | 7838590 | 7668583 | 7080302 |
| Savings | 8219637 | 7971728 | 7806303 | 7663599 | 7309141 |
| *&nbsp;&nbsp;&nbsp;&nbsp; Total demand and savings* | 21324515 | 21137377 | 21203003 | 20828132 | 19849468 |
| Brokered | 688957 | 904722 | 877526 | 842661 | 1123328 |
| Time | 4112130 | 4127784 | 4232849 | 4107466 | 3670158 |
| **Total Deposits** | $26125602 | $26169883 | $26313378 | $25778259 | $24642954 |
| Borrowings, by type: |  |  |  |  |  |
| Federal funds purchased | $1099 | $— | $54 | $— | $32637 |
| Federal Home Loan Bank advances | 712198 | 709367 | 727957 | 754130 | 833726 |
| Senior debt and subordinated debt | 367438 | 367357 | 449795 | 535831 | 535656 |
| Other borrowings and other interest-bearing liabilities | 675511 | 678176 | 669625 | 939387 | 1039672 |
| **Total Borrowings** | $1756246 | $1754900 | $1847431 | $2229348 | $2441691 |
| <sup>(1)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(1)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(1)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(1)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(1)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(1)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | | | | | | |
| **CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)** | **CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)** | **CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)** | **CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)** | | | | |
| **(dollars in thousands)** | **(dollars in thousands)** | **(dollars in thousands)** | **(dollars in thousands)** | | | | |
| | **Six months ended June 30** | **Six months ended June 30** | **Six months ended June 30** | **Six months ended June 30** | **Six months ended June 30** | **Six months ended June 30** | **Six months ended June 30** |
|  | **2025** | **2025** | **2025** | **2024** | **2024** | **2024** | **2024** |
|  | **Average** |  | **Yield/** | **Average** | **Average** |  | **Yield/** |
|  | **Balance** | **Interest**<sup>(1)</sup> | **Rate** | **Balance** | **Balance** | **Interest**<sup>(1)</sup> | **Rate** |
| **<u>ASSETS</u>** |  |  |  |  |  |  |  |
| Interest-earning assets: |  |  |  |  |  |  |  |
| Net loans<sup>(2)</sup> | 23953003 | 697115 | 5.86% | $| 22357972 | $669414 | 6.02% |
| Investment securities<sup>(3)</sup> | 5295507 | 96706 | 3.65% | 4189901 | 4189901 | 60847 | 2.90% |
| Other interest-earning assets | 737302 | 17361 | 4.74% | 699547 | 699547 | 19059 | 5.47% |
| **Total Interest-Earning Assets** | 29985812 | 811182 | 5.44% | 27247420 | 27247420 | 749320 | 5.52% |
| Noninterest-Earning assets: |  |  |  |  |  |  |  |
| Cash and due from banks | 289822 |  |  | 292638 | 292638 |  |  |
| Premises and equipment | 189108 |  |  | 213270 | 213270 |  |  |
| Other assets | 1856900 |  |  | 1686941 | 1686941 |  |  |
| Less: ACL - loans<sup>(4)</sup> | (385241) |  |  | (326950) | (326950) |  |  |
| **Total Assets** | 31936401 |  |  | $| 29113319 |  |  |
| **<u>LIABILITIES AND SHAREHOLDERS' EQUITY</u>** |  |  |  |  |  |  |  |
| Interest-Bearing liabilities: |  |  |  |  |  |  |  |
| Demand deposits | 7777364 | 68934 | 1.79% | $| 6338513 | $52248 | 1.66% |
| Savings deposits | 8134377 | 92563 | 2.29% | 6989186 | 6989186 | 83699 | 2.41% |
| Brokered deposits | 796243 | 17533 | 4.44% | 1103356 | 1103356 | 29728 | 5.42% |
| Time deposits | 4081913 | 81055 | 4.00% | 3319249 | 3319249 | 68986 | 4.18% |
| **Total Interest-Bearing Deposits** | 20789897 | 260085 | 2.52% | 17750304 | 17750304 | 234661 | 2.66% |
| Borrowings and other interest-bearing liabilities | 1755577 | 36260 | 4.17% | 2525034 | 2525034 | 56854 | 4.49% |
| **Total Interest-Bearing Liabilities** | 22545474 | 296345 | 2.65% | 20275338 | 20275338 | 291515 | 2.89% |
| Noninterest-Bearing liabilities: |  |  |  |  |  |  |  |
| Demand deposits | 5357731 |  |  | 5260550 | 5260550 |  |  |
| Other liabilities | 753988 |  |  | 717623 | 717623 |  |  |
| **Total Liabilities** | 28657193 |  |  | 26253511 | 26253511 |  |  |
| Total Deposits | 26147628 |  | 2.01% | 23010854 | 23010854 |  | 2.05% |
| **Total interest-bearing liabilities and non-interest bearing deposits (cost of funds)** | 27903205 |  | 2.14% | 25535888 | 25535888 |  | 2.29% |
| Shareholders' equity | 3279208 |  |  | 2859808 | 2859808 |  |  |
| **Total Liabilities and Shareholders' Equity** | 31936401 |  |  | $| 29113319 |  |  |
| Net interest income/net interest margin (fully taxable equivalent) |  | 514837 | 3.45% |  |  | 457805 | 3.37% |
| Tax equivalent adjustment |  | (8730) |  |  |  | (9148) |  |
| **Net Interest Income** |  | 506107 |  |  |  | $448657 |  |
| <sup>(1)</sup> Presented on a fully taxable-equivalent basis using a 21% federal tax rate and statutory interest expense disallowances. | <sup>(1)</sup> Presented on a fully taxable-equivalent basis using a 21% federal tax rate and statutory interest expense disallowances. | <sup>(1)</sup> Presented on a fully taxable-equivalent basis using a 21% federal tax rate and statutory interest expense disallowances. | <sup>(1)</sup> Presented on a fully taxable-equivalent basis using a 21% federal tax rate and statutory interest expense disallowances. | <sup>(1)</sup> Presented on a fully taxable-equivalent basis using a 21% federal tax rate and statutory interest expense disallowances. | <sup>(1)</sup> Presented on a fully taxable-equivalent basis using a 21% federal tax rate and statutory interest expense disallowances. |  |  |
| <sup>(2)</sup> Average balances include non-performing loans. |  |  |  |  |  |  |  |
| <sup>(3)</sup> Average balances include amortized historical cost for AFS; the related unrealized holding gains (losses) are included in other assets. | <sup>(3)</sup> Average balances include amortized historical cost for AFS; the related unrealized holding gains (losses) are included in other assets. | <sup>(3)</sup> Average balances include amortized historical cost for AFS; the related unrealized holding gains (losses) are included in other assets. | <sup>(3)</sup> Average balances include amortized historical cost for AFS; the related unrealized holding gains (losses) are included in other assets. | <sup>(3)</sup> Average balances include amortized historical cost for AFS; the related unrealized holding gains (losses) are included in other assets. | <sup>(3)</sup> Average balances include amortized historical cost for AFS; the related unrealized holding gains (losses) are included in other assets. | <sup>(3)</sup> Average balances include amortized historical cost for AFS; the related unrealized holding gains (losses) are included in other assets. | <sup>(3)</sup> Average balances include amortized historical cost for AFS; the related unrealized holding gains (losses) are included in other assets. |
| <sup>(4)</sup> ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities. | <sup>(4)</sup> ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities. | <sup>(4)</sup> ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities. | <sup>(4)</sup> ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities. | <sup>(4)</sup> ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities. | <sup>(4)</sup> ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities. | <sup>(4)</sup> ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities. | <sup>(4)</sup> ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities. |

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| | | |
|:---|:---|:---|
| **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | |
| **AVERAGE LOANS, DEPOSITS AND BORROWINGS DETAIL (UNAUDITED)** | **AVERAGE LOANS, DEPOSITS AND BORROWINGS DETAIL (UNAUDITED)** | **AVERAGE LOANS, DEPOSITS AND BORROWINGS DETAIL (UNAUDITED)** |
| **(dollars in thousands)** | **(dollars in thousands)** | **(dollars in thousands)** |
| | **Six months ended June 30** | **Six months ended June 30** |
|  | **2025** | **2024** |
| Loans, by type: |  |  |
| Real estate - commercial mortgage | $9653793 | $8562077 |
| Commercial and industrial | 4569027 | 4685383 |
| Real estate - residential mortgage | 6408432 | 5665518 |
| Real estate - home equity | 1169961 | 1078344 |
| Real estate - construction | 1233770 | 1335348 |
| Consumer | 607578 | 703353 |
| Leases and other loans<sup>(1)</sup> | 310442 | 327949 |
| **Total Net Loans** | $23953003 | $22357972 |
| Deposits, by type: |  |  |
| Noninterest-bearing demand | $5357731 | $5260550 |
| Interest-bearing demand | 7777364 | 6338513 |
| Savings | 8134377 | 6989186 |
| *Total demand and savings* | 21269472 | 18588249 |
| Brokered | 796243 | 1103356 |
| Time | 4081913 | 3319249 |
| **Total Deposits** | $26147628 | $23010854 |
| Borrowings, by type: |  |  |
| Federal funds purchased | $552 | $103148 |
| Federal Home Loan Bank advances | 710790 | 868308 |
| Senior debt and subordinated debt | 367398 | 535567 |
| Other borrowings | 676837 | 1018011 |
| **Total Borrowings** | $1755577 | $2525034 |
| <sup>(1)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(1)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(1)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | | | | |
| **ASSET QUALITY INFORMATION (UNAUDITED)** | **ASSET QUALITY INFORMATION (UNAUDITED)** | **ASSET QUALITY INFORMATION (UNAUDITED)** | **ASSET QUALITY INFORMATION (UNAUDITED)** | | | | |
| **(dollars in thousands)** | **(dollars in thousands)** | **(dollars in thousands)** | **(dollars in thousands)** | | | | |
| | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** | **Six months ended** | **Six months ended** |
| | **Jun 30** | **Mar 31** | **Dec 31** | **Sep 30** | **Jun 30** | **Jun 30** | **Jun 30** |
|  | **2025** | **2025** | **2024** | **2024** | **2024** | **2025** | **2024** |
| **<u>Allowance for credit losses related to net loans:</u>** | **<u>Allowance for credit losses related to net loans:</u>** |  |  |  |  |  |  |
| **Balance at beginning of period** | $379677 | $379156 | $375961 | $375941 | $297888 | $379156 | $293404 |
| CECL day 1 provision expense<sup>(1)</sup> |  |  |  |  | 23444 |  | 23444 |
| Initial purchased credit deteriorated allowance for credit losses |  |  | (136) | (1139) | 55906 |  | 55906 |
| Loans charged off: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Real estate - commercial mortgage | (6402) | (12106) | (2844) | (2723) | (7853) | (18508) | (7879) |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial and industrial | (5780) | (3865) | (9480) | (6256) | (2955) | (9645) | (10587) |
| &nbsp;&nbsp;&nbsp;&nbsp;Real estate - residential mortgage | (258) | (343) | (55) | (1131) | (35) | (601) | (286) |
| &nbsp;&nbsp;&nbsp;&nbsp;Consumer and home equity | (1885) | (2193) | (2179) | (2308) | (1766) | (4078) | (4004) |
| &nbsp;&nbsp;&nbsp;&nbsp;Real estate - construction | (100) |  |  |  |  | (100) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Leases and other loans<sup>(2)</sup> | (1491) | (1527) | (1768) | (726) | (1398) | (3018) | (2203) |
| **&nbsp;&nbsp;&nbsp;&nbsp;Total loans charged off** | **(15916)** | **(20034)** | **(16326)** | **(13144)** | **(14007)** | **(35950)** | **(24959)** |
| Recoveries of loans previously charged off: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Real estate - commercial mortgage | 133 | 374 | 199 | 107 | 146 | 507 | 298 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial and industrial | 2628 | 5952 | 1387 | 1008 | 796 | 8580 | 2044 |
| &nbsp;&nbsp;&nbsp;&nbsp;Real estate - residential mortgage | 203 | 174 | 104 | 130 | 122 | 377 | 238 |
| &nbsp;&nbsp;&nbsp;&nbsp;Consumer and home equity | 899 | 660 | 974 | 545 | 1161 | 1559 | 1837 |
| &nbsp;&nbsp;&nbsp;&nbsp;Real estate - construction | 99 | 82 | 47 | 103 | 233 | 181 | 233 |
| &nbsp;&nbsp;&nbsp;&nbsp;Leases and other loans<sup>(2)</sup> | 240 | 201 | 194 | 129 | 247 | 441 | 409 |
| **&nbsp;&nbsp;&nbsp;&nbsp;Total recoveries of loans previously charged off** | **4202** | **7443** | **2905** | **2022** | **2705** | **11645** | **5059** |
| **Net loans charged off** | **(11714)** | **(12591)** | **(13421)** | **(11122)** | **(11302)** | **(24305)** | **(19900)** |
| Provision for credit losses<sup>(1)</sup> | 9374 | 13112 | 16752 | 12281 | 10005 | 22486 | 23087 |
| **Balance at end of period** | $**377337** | $**379677** | $**379156** | $**375961** | $**375941** | $**377337** | $**375941** |
| **Net charge-offs to average loans**<sup>(3)</sup> | 0.20% | 0.21% | 0.22% | 0.18% | 0.19% | 0.20% | 0.18% |
| **<u>Provision for credit losses related to OBS Credit Exposures</u>** | **<u>Provision for credit losses related to OBS Credit Exposures</u>** | **<u>Provision for credit losses related to OBS Credit Exposures</u>** |  |  |  |  |  |
| Provision for credit losses<sup>(1)</sup> | $**(767)** | $**786** | $**(27)** | $**(352)** | $**(1393)** | $**19** | $**(3550)** |
| **<u>NON-PERFORMING ASSETS:</u>** | **<u>NON-PERFORMING ASSETS:</u>** |  |  |  |  |  |  |
| Non-accrual loans | $182942 | $162426 | $189293 | $175861 | $145630 |  |  |
| Loans 90 days past due and accruing | 29949 | 34367 | 30781 | 26286 | 26962 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Total non-performing loans | 212891 | 196793 | 220074 | 202147 | 172592 |  |  |
| Other real estate owned | 2706 | 2193 | 2621 | 2844 | 1444 |  |  |
| **Total non-performing assets** | $**215597** | $**198986** | $**222695** | $**204991** | $**174036** |  |  |
| **<u>NON-PERFORMING LOANS, BY TYPE:</u>** | **<u>NON-PERFORMING LOANS, BY TYPE:</u>** |  |  |  |  |  |  |
| Commercial and industrial | $45565 | $42913 | $43677 | $64450 | $58433 |  |  |
| Real estate - commercial mortgage | 90852 | 88081 | 102359 | 71467 | 48615 |  |  |
| Real estate - residential mortgage | 37703 | 46878 | 45901 | 41727 | 41033 |  |  |
| Consumer and home equity | 11109 | 12682 | 14374 | 12830 | 11886 |  |  |
| Real estate - construction | 25602 | 3666 | 1746 | 1746 | 2632 |  |  |
| Leases and other loans<sup>(2)</sup> | 2060 | 2573 | 12017 | 9927 | 9993 |  |  |
| **Total non-performing loans** | $**212891** | $**196793** | $**220074** | $**202147** | $**172592** |  |  |
| <sup>(1)</sup> The sum of these amounts are reflected in the provision for credit losses in the Condensed Consolidated Statements of Income. | <sup>(1)</sup> The sum of these amounts are reflected in the provision for credit losses in the Condensed Consolidated Statements of Income. | <sup>(1)</sup> The sum of these amounts are reflected in the provision for credit losses in the Condensed Consolidated Statements of Income. | <sup>(1)</sup> The sum of these amounts are reflected in the provision for credit losses in the Condensed Consolidated Statements of Income. | <sup>(1)</sup> The sum of these amounts are reflected in the provision for credit losses in the Condensed Consolidated Statements of Income. | <sup>(1)</sup> The sum of these amounts are reflected in the provision for credit losses in the Condensed Consolidated Statements of Income. | <sup>(1)</sup> The sum of these amounts are reflected in the provision for credit losses in the Condensed Consolidated Statements of Income. | <sup>(1)</sup> The sum of these amounts are reflected in the provision for credit losses in the Condensed Consolidated Statements of Income. |
| <sup>(2)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(2)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(2)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(2)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(2)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(2)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(2)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. | <sup>(2)</sup> Includes equipment lease financing, overdraft and net origination fees and costs. |
| <sup>(3)</sup> Quarterly results are annualized. | <sup>(3)</sup> Quarterly results are annualized. |  |  |  |  |  |  |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** | **FULTON FINANCIAL CORPORATION** |
| **RECONCILIATION OF NON-GAAP MEASURES (UNAUDITED)** | **RECONCILIATION OF NON-GAAP MEASURES (UNAUDITED)** | **RECONCILIATION OF NON-GAAP MEASURES (UNAUDITED)** | **RECONCILIATION OF NON-GAAP MEASURES (UNAUDITED)** | **RECONCILIATION OF NON-GAAP MEASURES (UNAUDITED)** | **RECONCILIATION OF NON-GAAP MEASURES (UNAUDITED)** | **RECONCILIATION OF NON-GAAP MEASURES (UNAUDITED)** |
| **(dollars in thousands, except per share and share data)** | **(dollars in thousands, except per share and share data)** | **(dollars in thousands, except per share and share data)** | **(dollars in thousands, except per share and share data)** | **(dollars in thousands, except per share and share data)** | **(dollars in thousands, except per share and share data)** | **(dollars in thousands, except per share and share data)** |
| <u>Explanatory note:</u> | This press release contains supplemental financial information, as detailed below, that has been derived by methods other than GAAP. The Corporation has presented these non-GAAP financial measures because it believes that these measures provide useful and comparative information to assess trends in the Corporation's results of operations and financial condition. Presentation of these non-GAAP financial measures is consistent with how the Corporation evaluates its performance internally and these non-GAAP financial measures are frequently used by securities analysts, investors and other interested parties in the evaluation of companies in the Corporation's industry. Management believes that these non-GAAP financial measures, in addition to GAAP measures, are also useful to investors to evaluate the Corporation's results. Investors should recognize that the Corporation's presentation of these non-GAAP financial measures might not be comparable to similarly titled measures of other companies. These non-GAAP financial measures should not be considered a substitute for GAAP basis measures, and the Corporation strongly encourages a review of its condensed consolidated financial statements in their entirety. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measure follow: | This press release contains supplemental financial information, as detailed below, that has been derived by methods other than GAAP. The Corporation has presented these non-GAAP financial measures because it believes that these measures provide useful and comparative information to assess trends in the Corporation's results of operations and financial condition. Presentation of these non-GAAP financial measures is consistent with how the Corporation evaluates its performance internally and these non-GAAP financial measures are frequently used by securities analysts, investors and other interested parties in the evaluation of companies in the Corporation's industry. Management believes that these non-GAAP financial measures, in addition to GAAP measures, are also useful to investors to evaluate the Corporation's results. Investors should recognize that the Corporation's presentation of these non-GAAP financial measures might not be comparable to similarly titled measures of other companies. These non-GAAP financial measures should not be considered a substitute for GAAP basis measures, and the Corporation strongly encourages a review of its condensed consolidated financial statements in their entirety. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measure follow: | This press release contains supplemental financial information, as detailed below, that has been derived by methods other than GAAP. The Corporation has presented these non-GAAP financial measures because it believes that these measures provide useful and comparative information to assess trends in the Corporation's results of operations and financial condition. Presentation of these non-GAAP financial measures is consistent with how the Corporation evaluates its performance internally and these non-GAAP financial measures are frequently used by securities analysts, investors and other interested parties in the evaluation of companies in the Corporation's industry. Management believes that these non-GAAP financial measures, in addition to GAAP measures, are also useful to investors to evaluate the Corporation's results. Investors should recognize that the Corporation's presentation of these non-GAAP financial measures might not be comparable to similarly titled measures of other companies. These non-GAAP financial measures should not be considered a substitute for GAAP basis measures, and the Corporation strongly encourages a review of its condensed consolidated financial statements in their entirety. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measure follow: | This press release contains supplemental financial information, as detailed below, that has been derived by methods other than GAAP. The Corporation has presented these non-GAAP financial measures because it believes that these measures provide useful and comparative information to assess trends in the Corporation's results of operations and financial condition. Presentation of these non-GAAP financial measures is consistent with how the Corporation evaluates its performance internally and these non-GAAP financial measures are frequently used by securities analysts, investors and other interested parties in the evaluation of companies in the Corporation's industry. Management believes that these non-GAAP financial measures, in addition to GAAP measures, are also useful to investors to evaluate the Corporation's results. Investors should recognize that the Corporation's presentation of these non-GAAP financial measures might not be comparable to similarly titled measures of other companies. These non-GAAP financial measures should not be considered a substitute for GAAP basis measures, and the Corporation strongly encourages a review of its condensed consolidated financial statements in their entirety. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measure follow: | This press release contains supplemental financial information, as detailed below, that has been derived by methods other than GAAP. The Corporation has presented these non-GAAP financial measures because it believes that these measures provide useful and comparative information to assess trends in the Corporation's results of operations and financial condition. Presentation of these non-GAAP financial measures is consistent with how the Corporation evaluates its performance internally and these non-GAAP financial measures are frequently used by securities analysts, investors and other interested parties in the evaluation of companies in the Corporation's industry. Management believes that these non-GAAP financial measures, in addition to GAAP measures, are also useful to investors to evaluate the Corporation's results. Investors should recognize that the Corporation's presentation of these non-GAAP financial measures might not be comparable to similarly titled measures of other companies. These non-GAAP financial measures should not be considered a substitute for GAAP basis measures, and the Corporation strongly encourages a review of its condensed consolidated financial statements in their entirety. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measure follow: | This press release contains supplemental financial information, as detailed below, that has been derived by methods other than GAAP. The Corporation has presented these non-GAAP financial measures because it believes that these measures provide useful and comparative information to assess trends in the Corporation's results of operations and financial condition. Presentation of these non-GAAP financial measures is consistent with how the Corporation evaluates its performance internally and these non-GAAP financial measures are frequently used by securities analysts, investors and other interested parties in the evaluation of companies in the Corporation's industry. Management believes that these non-GAAP financial measures, in addition to GAAP measures, are also useful to investors to evaluate the Corporation's results. Investors should recognize that the Corporation's presentation of these non-GAAP financial measures might not be comparable to similarly titled measures of other companies. These non-GAAP financial measures should not be considered a substitute for GAAP basis measures, and the Corporation strongly encourages a review of its condensed consolidated financial statements in their entirety. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measure follow: |
|  |  | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** |
|  |  | **Jun 30** | **Mar 31** | **Dec 31** | **Sep 30** | **Jun 30** |
|  |  | **2025** | **2025** | **2024** | **2024** | **2024** |
| **<u>Operating net income available to common shareholders</u>** | **<u>Operating net income available to common shareholders</u>** |  |  |  |  |  |
| Net income available to common shareholders | Net income available to common shareholders | $96636 | $90425 | $66058 | $60644 | $92413 |
| Less: Other revenue | Less: Other revenue | (9) | (122) | (269) | (677) | (708) |
| Plus: Gain on acquisition, net of tax | Plus: Gain on acquisition, net of tax |  |  | 2689 | 7706 | (47392) |
| Plus: Loss on securities restructuring | Plus: Loss on securities restructuring |  |  |  |  | 20282 |
| Plus: Core deposit intangible amortization | Plus: Core deposit intangible amortization | 5346 | 6155 | 6155 | 6155 | 4556 |
| Plus: Acquisition-related expense | Plus: Acquisition-related expense |  | 380 | 9637 | 14195 | 13803 |
| Plus: CECL day 1 provision expense | Plus: CECL day 1 provision expense |  |  |  |  | 23444 |
| Less: Gain on sale-leaseback | Less: Gain on sale-leaseback |  |  |  |  | (20266) |
| Plus: FDIC special assessment | Plus: FDIC special assessment |  |  |  | (16) |  |
| Plus: FultonFirst implementation and asset disposals | Plus: FultonFirst implementation and asset disposals | (270) | (47) | 10001 | 9385 | 6323 |
| Less: Tax impact of adjustments | Less: Tax impact of adjustments | (1064) | (1337) | (5360) | (6099) | (9961) |
| Operating net income available to common shareholders (numerator) | Operating net income available to common shareholders (numerator) | $100639 | $95454 | $88911 | $91293 | $82494 |
| Weighted average shares (diluted) (denominator) | Weighted average shares (diluted) (denominator) | 183813 | 184077 | 183867 | 183609 | 176934 |
| Operating net income available to common shareholders, per share (diluted) | Operating net income available to common shareholders, per share (diluted) | $0.55 | $0.52 | $0.48 | $0.50 | $0.47 |
| **<u>Common shareholders' equity (tangible), per share</u>** | **<u>Common shareholders' equity (tangible), per share</u>** |  |  |  |  |  |
| Shareholders' equity | Shareholders' equity | $3329246 | $3274321 | $3197325 | $3203943 | $3101609 |
| Less: Preferred stock | Less: Preferred stock | (192878) | (192878) | (192878) | (192878) | (192878) |
| Less: Goodwill and intangible assets | Less: Goodwill and intangible assets | (623729) | (629189) | (635458) | (641739) | (648026) |
| Tangible common shareholders' equity (numerator) | Tangible common shareholders' equity (numerator) | $2512639 | $2452254 | $2368989 | $2369326 | $2260705 |
| Shares outstanding, end of period (denominator) | Shares outstanding, end of period (denominator) | 182379 | 182204 | 182089 | 181957 | 181831 |
| Common shareholders' equity (tangible), per share | Common shareholders' equity (tangible), per share | $13.78 | $13.46 | $13.01 | $13.02 | $12.43 |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** |
| | **Jun 30**<br>**2025** | **Mar 31**<br>**2025** | **Dec 31**<br>**2024** | **Sep 30**<br>**2024** | **Jun 30**<br>**2024** |
| **<u>Operating return on average assets</u>** |  |  |  |  |  |
| Net income | $99198 | $92987 | $68620 | $63206 | $94975 |
| Less: Other revenue | (9) | (122) | (269) | (677) | (708) |
| Less: Gain on acquisition, net of tax |  |  | 2689 | 7706 | (47392) |
| Plus: Loss on securities restructuring |  |  |  |  | 20282 |
| Plus: Core deposit intangible amortization | 5346 | 6155 | 6155 | 6155 | 4556 |
| Plus: Acquisition-related expense |  | 380 | 9637 | 14195 | 13803 |
| Plus: CECL day 1 provision expense |  |  |  |  | 23444 |
| Less: Gain on sale-leaseback |  |  |  |  | (20266) |
| Plus: FDIC special assessment |  |  |  | (16) |  |
| Plus: FultonFirst implementation and asset disposals | (270) | (47) | 10001 | 9385 | 6323 |
| Less: Tax impact of adjustments | (1064) | (1337) | (5360) | (6099) | (9961) |
| Operating net income (numerator) | $103201 | $98016 | $91473 | $93855 | $85056 |
| Total average assets | $31901574 | $31971601 | $32098852 | $31895235 | $30774891 |
| Less: Average net core deposit intangible | (71282) | (77039) | (83173) | (89350) | (68234) |
| Total operating average assets (denominator) | $31830292 | $31894562 | $32015679 | $31805885 | $30706657 |
| Operating return on average assets<sup>(1)</sup> | 1.30% | 1.25% | 1.14% | 1.17% | 1.11% |
| **<u>Operating return on average common shareholders' equity (tangible)</u>** | **<u>Operating return on average common shareholders' equity (tangible)</u>** | **<u>Operating return on average common shareholders' equity (tangible)</u>** |  |  |  |
| Net income available to common shareholders | $96636 | $90425 | $66058 | $60644 | $92413 |
| Less: Other revenue | (9) | (122) | (269) | (677) | (708) |
| Less: Gain on acquisition, net of tax |  |  | 2689 | 7706 | (47392) |
| Plus: Loss on securities restructuring |  |  |  |  | 20282 |
| Plus: Intangible amortization | 5460 | 6269 | 6282 | 6287 | 4688 |
| Plus: Acquisition-related expense |  | 380 | 9637 | 14195 | 13803 |
| Plus: CECL day 1 provision expense |  |  |  |  | 23444 |
| Less: Gain on sale-leaseback |  |  |  |  | (20266) |
| Plus: FDIC special assessment |  |  |  | (16) |  |
| Plus: FultonFirst implementation and asset disposals | (270) | (47) | 10001 | 9385 | 6323 |
| Less: Tax impact of adjustments | (1088) | (1361) | (5387) | (6127) | (9989) |
| Adjusted net income available to common shareholders (numerator) | $100729 | $95544 | $89011 | $91397 | $82598 |
| Average shareholders' equity | $3304015 | $3254125 | $3219026 | $3160322 | $2952671 |
| Less: Average preferred stock | (192878) | (192878) | (192878) | (192878) | (192878) |
| Less: Average goodwill and intangible assets | (626383) | (632254) | (638507) | (644814) | (624471) |
| Average tangible common shareholders' equity (denominator) | $2484754 | $2428993 | $2387641 | $2322630 | $2135322 |
| Operating return on average common shareholders' equity (tangible)<sup>(1)</sup> | 16.26% | 15.95% | 14.83% | 15.65% | 15.56% |
| <sup>(1)</sup> Results are annualized. |  |  |  |  |  |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** | **Three months ended** |
| | **Jun 30**<br>**2025** | **Mar 31**<br>**2025** | **Dec 31**<br>**2024** | **Sep 30**<br>**2024** | **Jun 30**<br>**2024** |
| **Tangible common equity to tangible assets (TCE Ratio)** |  |  |  |  |  |
| Shareholders' equity | $3329246 | $3274321 | $3197325 | $3203943 | $3101609 |
| Less: Preferred stock | (192878) | (192878) | (192878) | (192878) | (192878) |
| Less: Goodwill and intangible assets | (623729) | (629189) | (635458) | (641739) | (648026) |
| Tangible common shareholders' equity (numerator) | $2512639 | $2452254 | $2368989 | $2369326 | $2260705 |
| Total assets | $32040448 | $32132028 | $32071810 | $32185726 | $31769813 |
| Less: Goodwill and intangible assets | (623729) | (629189) | (635458) | (641739) | (648026) |
| Total tangible assets (denominator) | $31416719 | $31502839 | $31436352 | $31543987 | $31121787 |
| Tangible common equity to tangible assets | 8.00% | 7.78% | 7.54% | 7.51% | 7.26% |
| **<u>Efficiency ratio</u>** |  |  |  |  |  |
| Non-interest expense | $192811 | $189460 | $216615 | $226089 | $199488 |
| Less: Acquisition-related expense |  | (380) | (9637) | (14195) | (13803) |
| Plus: Gain on sale-leaseback |  |  |  |  | 20266 |
| Less: FDIC special assessment |  |  |  | 16 |  |
| Less: FultonFirst implementation and asset disposals | 270 | 47 | (10001) | (9385) | (6323) |
| Less: Intangible amortization | (5460) | (6269) | (6282) | (6287) | (4688) |
| Operating non-interest expense (numerator) | $187621 | $182858 | $190695 | $196238 | $194940 |
| Net interest income | $254921 | $251187 | $253659 | $258009 | $241720 |
| Tax equivalent adjustment | 4389 | 4340 | 4343 | 4424 | 4556 |
| Plus: Total non-interest income | 69148 | 67232 | 65924 | 59673 | 92994 |
| Less: Other revenue | (9) | (122) | (269) | (677) | (708) |
| Less: Gain on acquisition, net of tax |  |  | 2689 | 7706 | (47392) |
| Plus: Investment securities (gains) losses, net |  | 2 |  | 1 | 20282 |
| Total revenue (denominator) | $328449 | $322639 | $326346 | $329136 | $311452 |
| Efficiency ratio | 57.1% | 56.7% | 58.4% | 59.6% | 62.6% |
| **<u>Operating non-interest expense to total average assets</u>** |  |  |  |  |  |
| Non-interest expense | $192811 | $189460 | $216615 | $226089 | $199488 |
| Less: Intangible amortization | (5460) | (6269) | (6282) | (6287) | (4688) |
| Less: Acquisition-related expense |  | (380) | (9637) | (14195) | (13803) |
| Plus: Gain on sale-leaseback |  |  |  |  | 20266 |
| Less: FDIC special assessment |  |  |  | 16 |  |
| Less: FultonFirst implementation and asset disposals | 270 | 47 | (10001) | (9385) | (6323) |
| Operating non-interest expense (numerator) | $187621 | $182858 | $190695 | $196238 | $194940 |
| Total average assets (denominator) | $31901574 | $31971601 | $32098852 | $31895235 | $30774891 |
| &nbsp;&nbsp;&nbsp;&nbsp;Operating non-interest expenses to total average assets<sup>(1)</sup> | 2.36% | 2.32% | 2.36% | 2.45% | 2.55% |
| <sup>(1)</sup> Results are annualized. |  |  |  |  |  |

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| | | | |
|:---|:---|:---|:---|
| | **Six Months Ended** | **Six Months Ended** | |
| | **Jun 30**<br>**2025** | **Jun 30**<br>**2024** | |
| **<u>Operating net income available to common shareholders</u>** |  |  |  |
| Net income available to common shareholders | $187061 | $151792 |  |
| Less: Other revenue | (131) | (859) |  |
| Plus Gain on acquisition, net of tax |  | (47392) |  |
| Plus: Loss on securities restructuring |  | 20282 |  |
| Plus: Core deposit intangible amortization | 11501 | 4997 |  |
| Plus: Acquisition-related expense | 380 | 13803 |  |
| Plus: CECL day 1 provision expense |  | 23444 |  |
| Less: Gain on sale-leaseback |  | (20266) |  |
| Plus: FDIC special assessment |  | 956 |  |
| Plus: FultonFirst implementation and asset disposals | (317) | 12652 |  |
| Less: Tax impact of adjustments | (2401) | (11552) |  |
| Operating net income available to common shareholders (numerator) | $196093 | $147857 | 147857 |
| Weighted average shares (diluted) (denominator) | 183999 | 170769 |  |
| Operating net income available to common shareholders, per share (diluted) | $1.07 | $0.87 |  |

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## Exhibit 99.2

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SECOND QUARTER 2025 RESULTS NASDAQ: FULT Data as of or for the period ended June 30, 2025 unless otherwise noted

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This presentation may contain forward-looking statements with respect to Fulton Financial Corporation's (the "Corporation" or "Fulton") financial condition, results of operations and business. Do not unduly rely on forward-looking statements. Forward-looking statements can be identified by the use of words such as "may," "should," "will," "could," "estimates," "predicts," "potential," "continue," "anticipates," "believes," "plans," "expects," "future," "intends," "projects," the negative of these terms and other comparable terminology. These forward-looking statements may include projections of, or guidance on, the Corporation's future financial performance, expected levels of future expenses, including future credit losses, anticipated growth strategies, descriptions of new business initiatives and anticipated trends in the Corporation's business or financial results. Management's "2025 Operating Guidance" contained herein is compri sed of forward-looking statements. Forward-looking statements are neither historical facts, nor assurance of future performance. Instead, the statements are based on current beliefs, expectations and assumptions regarding the future of the Corporation's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Corporation's control, and actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not unduly rely on any of these forward-looking statements. Any forward-looking statement is based only on information currently available and speaks only as of the date when made. The Corporation undertakes no obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. A discussion of certain risks and uncertainties affecting the Corporation, and some of the factors that could cause the Corporation's actual results to differ materially from those described in the forward-looking statements, can be found in the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Corporation's Annual Report on Form 10-K for the year ended December 31, 2024, Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 and other periodic reports, which have been, or will be, filed with the Securities and Exchange Commission (the "SEC") and are, or will be, available in the Investor Relations section of the Corporation's website (www.fultonbank.com) and on the SEC's website (www.sec.gov). The Corporation uses certain financial measures in this presentation that have been derived by methods other than generally accepted accounting principles ("GAAP"). These non-GAAP financial measures are reconciled to the most comparable GAAP measures at the end of this presentation. 2

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3 Second Quarter 2025 Financial Highlights (1) Non-GAAP financial measures. Please refer to the calculation and management's reason for using this measure on the slide titled "Non -GAAP Reconciliation" at the end of this presentation. Productivity: • Disciplined & Profitable Growth • Strong Operating Profitability Metrics • Record Operating Net Income Available to Common Shareholders of $100.6 million or $0.55 per Diluted Share Focus: • Benefits Realization from Strategic Initiatives • Solid Balance Sheet & Liquidity • Ongoing Commitment to Organizational Efficiency 2Q25 1Q25 2Q25 1Q25 Net Income Available to Common Shareholders (dollars in millions) $96.6 $90.4 $100.6 $95.5 Return on Average Assets (annualized) 1.25% 1.18% 1.30% 1.25% Return on Average Tangible Common Equity (annualized; non-GAAP) -- -- 16.26% 15.95% Efficiency Ratio (non-GAAP) -- -- 57.1% 56.7% Non-Interest Expense / Average Assets (annualized) 2.42% 2.40% 2.36% 2.32% Diluted Earnings Per Share $0.53 $0.49 $0.55 $0.52 Pre-Provision Net Revenue ("PPNR") (dollars in millions; non-GAAP) -- -- $136.3 $135.3 PPNR / Average Assets (annualized; non-GAAP) -- -- 1.72% 1.72% GAAP Reported Operating (1)

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(1) Non-GAAP financial measures. Please refer to the calculation and management's reason for using this measure on the slide titled "Non -GAAP Reconciliation" at the end of this presentation. 4 Income Statement Summary 2Q25 1Q25 Linked-Quarter Change Net interest income $254,921 $251,187 $3,734 Provision for credit losses 8,607 13,898 (5,291) Non-interest income before investment securities gains (losses) 69,148 67,234 1,914 Securities gains (losses) - (2) 2 Non-interest expense 192,811 189,460 3,351 Income before income taxes 122,651 115,061 7,590 Income taxes 23,453 22,074 1,379 Net income 99,198 92,987 6,211 Preferred stock dividends (2,562) (2,562) - Net income available to common shareholders $96,636 $90,425 $6,211 Net income available to common shareholders, per share (diluted) $0.53 $0.49 $0.04 Operating net income available to common shareholders, per share (diluted)(1) $0.55 $0.52 $0.03 Return on average assets ("ROAA") 1.25% 1.18% 0.07% Operating ROAA(1) 1.30% 1.25% 0.05% Return on average common shareholders' equity ("ROAE") 12.46% 11.98% 0.48% Operating ROAE (tangible)(1) 16.26% 15.95% 0.31% Efficiency ratio(1) 57.1% 56.7% 0.4% (dollars in thousands, except per-share data)

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• NIM was 3.47% in the second quarter of 2025, increasing four basis points compared to the first quarter of 2025. A decline in the total cost of funds benefited NIM during the quarter. • Loan yield was flat during the second quarter of 2025 compared to the first quarter of 2025, at 5.86%. • Total cost of deposits was 1.98% for the second quarter of 2025, a decrease of five basis points compared to the first quarter of 2025. 5 Net Interest Income and Net Interest Margin ("NIM") 2Q25 Highlights Net Interest Income(1) & NIM Average Deposits and Borrowings & Other and Cost of Funds Average Interest-Earning Assets & Yields (dollars in millions) (dollars in billions) (dollars in billions) (1) Net interest income on a non-fully taxable-equivalent ("FTE") basis using a 21% federal tax rate and statutory interest expense disallowances.

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6 Non-Interest Income 2Q25 Highlights • Linked quarter increase of $1.9 million • Commercial banking income increased due to activity in merchant and card fee income, cash management fee income and capital markets revenue • Consumer revenue increased primarily due to customer activity • Strong wealth management revenue due to organic growth (dollars in thousands) 2Q25 1Q25 4Q24 3Q24 1Q25 Commercial banking $23,431 $21,329 $22,454 $22,289 $2,102 Wealth management 22,281 21,785 22,002 21,596 496 Consumer banking 14,528 13,068 14,309 14,928 1,460 Mortgage banking 3,991 3,138 3,759 3,142 853 Gain on acquisition, net of tax - - (2,689) (7,706) - Other 4,917 7,914 6,089 5,425 (2,997) Non-interest income before investment securities gains (losses) $69,148 $67,234 $65,924 $59,674 $1,914 Investment securities gains (losses), net - (2) - (1) 2 Total Non-Interest Income $69,148 $67,232 $65,924 $59,673 $1,916 Change Since

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7 Non-Interest Expense (1) Non-GAAP financial measures. Please refer to the calculation and management's reason for using this measure on the slide titled "Non -GAAP Reconciliation" at the end of this presentation. 2Q25 Highlights • Operating non-interest expense up $4.8 million on a linked-quarter basis • Salaries and employee benefits expense increased primarily due to annual merit increases, one additional calendar day in the second quarter and an increase in incentive compensation expense • Increase in professional fees was largely driven by a recovery of previously incurred fees in 1Q25 • Negligible FultonFirst implementation costs in 2Q25, with up to $10 million projected for the remainder of 2025 (dollars in thousands) 2Q25 1Q25 4Q24 3Q24 1Q25 Salaries and employee benefits $107,123 $103,526 $107,886 $118,824 $3,597 Data processing and software 18,262 18,599 19,550 20,314 (337) Net occupancy 16,410 18,207 16,417 18,999 (1,797) Other outside services 12,009 11,837 14,531 15,839 172 Intangible Amortization 5,460 6,269 6,282 6,287 (809) FDIC insurance 4,951 5,597 5,921 5,109 (646) Equipment 4,100 4,150 4,388 4,860 (50) Professional fees 2,163 (1,078) 3,387 2,811 3,241 Acquisition-related expenses - 380 9,637 14,195 (380) Other 22,333 21,973 28,616 18,851 360 Total non-interest expense $192,811 $189,460 $216,615 $226,089 $3,351 Non-GAAP Adjustments: Less: Intangible amortization (5,460) (6,269) (6,282) (6,287) 809 Less: Acquisition-related expenses (380) (9,637) (14,195) 380 Less: FDIC special assessment - - 16 - Less: FultonFirst implementation and asset disposals 270 47 (10,001) (9,385) 223 Operating non-interest expense(1) $187,621 $182,858 $190,695 $196,238 $4,763 Change Since

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8 Asset Quality Provision for Credit Losses Non-Performing Assets ("NPAs") & NPAs to Assets Net Charge-offs ("NCOs") and NCOs to Average Loans ACL(1) to NPLs & Loans (1) The allowance for credit losses ("ACL") relates specifically to "Loans, net of unearned income" and does not include reserves related to off-balance sheet credit exposures.

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9 (1) Regulatory capital ratios and excess capital amounts as of June 30, 2025 are preliminary estimates. (2) Excesses shown are to regulatory minimums, including the 250 basis point capital conservation buffer, except for Tier 1 Leverage which is the well- capitalized minimum. (as of June 30, 2025) (dollars in millions) (2) Capital Ratios(1)

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2025 Operating Guidance 10 (1) NII is on a non-FTE basis. (2) Excludes non-operating expenses and core deposit intangible ("CDI") amortization. Income Statement Line Item Expected Range Outlook Non-FTE Net Interest Income ("NII") (1) $1.005 - $1.025 billion Incorporates Fed Funds Rate cuts of 25 bps in September and 25 bps in December; down from four 25 bps cuts previously [ FTE Adjustment for NIM calculation ] [ ~$17 million annualized ] Low single digit interest earning asset growth Provision for Credit Losses $50 - $70 million Lowering range to reflect actual performance to date and low single digit loan growth Non-Interest Income $265 - $280 million Steady market activity and interest rate environment Non-Interest Expense (Operating) (2) $750 - $765 million Lowering range; represents low single digit increase to 2024 Non-Operating Assumptions: [ 2025 CDI expense ] [ $22.5 million ] [ Non-Operating Expenses ] [ $10 million ] [ Lowering from $14 million previously ] Effective Tax Rate: 18.5% - 19.5% Increasing to reflect updated ranges; previously 18% - 19%

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11 Deposit Portfolio That Is Granular, Tenured and Diversified With Significant Liquidity Coverage Deposit Mix By Customer (June 30, 2025) Deposit Portfolio Highlights(1) 881,632 deposit accounts $30,099 average account balance ~9 year average account age 24% net estimated uninsured deposits 270% coverage of net estimated uninsured deposits Deposit Mix By Product(2) (1) As of June 30, 2025. Estimated uninsured deposits net of collateralized municipal deposits and intercompany deposits. For the calculation of the coverage of net estimated uninsured deposits, please refer to the slide titled "Liquidity Profile." (2) Deposit balances are ending balances. (dollars in millions)

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12 Balance Sheet Maintains Flexibility (1) Time deposits include brokered certificates of deposit ("CDs"). Time deposits provide gradual tailwind in current environment Deposit Mix by Product Type(1) (June 30, 2025) Loan Mix by Rate Type (June 30, 2025) The majority of adjustable-rate loans reprice beyond two years CD Maturities (next twelve months) Balance (dollars in millions) Average Cost (%) 3rd Quarter 2025 $1,817 4.19% 4th Quarter 2025 1,453 3.96% 1st Quarter 2026 684 3.56% 2nd Quarter 2026 553 3.38% Total $4,507 3.92% Loans by Rate Type Balance (dollars in millions) Weighted Average Contractual Repricing Date (years) Variable $10,082 0.06 Fixed 8,215 N/A Adjustable 5,715 4.33

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The Loan Portfolio Remains Diversified and Granular With Low Office Concentration at 3% of Total Loans 13 (1) LTV as of most recent appraisal. (2) Metropolitan Statistical Areas or "MSA" titled in short name for presentation purposes. Geographically Diverse by MSA(2)Maturing Over Time Total Loan Portfolio (June 30, 2025) Office Only Profile Total Office Loan Commitments: $803 million Total Office Loans Outstanding: $757 million Average Loan Size: $2.2 million Weighted Average loan-to-value(1) ("LTV"): 63% Weighted Average Debt Service Coverage Ratio ("DSCR"): 1.36x Class A: 34% Class B: 31% Class C: 9% Not Classified: 26%

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Multi-Family Loans Represent 8% of the Total Loan Portfolio With a Small Average Loan Size, Low LTV and Solid DSCR 14 Diversified by Geographical MSA(2) Total Loan Portfolio (June 30, 2025) Multi-Family Profile Maturing Over Time (1) LTV as of most recent appraisal. (2) Metropolitan Statistical Areas or "MSA" titled in short name for presentation purposes. Total Multi-Family Loan Commitments: $2.2 billion Total Multi-Family Loans Outstanding: $1.9 billion Average Loan Size: $3.3 million Weighted Average LTV(1): 61% Weighted Average DSCR: 1.32x Class A: 48% Class B: 16% Class C: 6% Not Classified: 30%

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Estimated Uninsured Deposits June 30, 2025 Total Deposits 26,138$ Estimated Uninsured Deposits 9,242$ Estimated Uninsured Deposits to Total Deposits 35% Estimated Uninsured Deposits 9,242$ Less: Collateralized Municipal Deposits (3,080) Net Estimated Uninsured Deposits(4) 6,162$ Net Estimated Uninsured Deposits to Total Deposits 24% Committed Liquidity to Net Estimated Uninsured Deposits 166% Available Liquidity to Net Estimated Uninsured Deposits 270% Available Liquidity June 30, 2025 Cash On-Hand(1) 484$ Federal Reserve Capacity 3,929 Total Available @ Federal Reserve 3,929$ FHLB Borrowing Capacity 11,229 Advances(2) (816) Letters of Credit (4,133) Total Available @ FHLB 6,280$ Total Committed Liquidity 10,209$ Fed Funds Lines 2,576 Outstanding Net Fed Funds - Total Fed Funds Lines Available 2,576$ Brokered Deposit Capacity(3) 4,167 Brokered & Wholesale Deposits (817) Total Brokered Deposit Availability 3,350$ Total Uncommitted Available Liquidity 5,926$ Total Available Liquidity 16,619$• Robust liquidity profile with additional capacity at the Federal Reserve, FHLB and other available funding sources • Total available liquidity significantly exceeds net estimated uninsured deposits • On balance sheet liquidity remains a focus 15 Liquidity Profile (1) Includes cash at the FHLB and Federal Reserve and vault cash for liquidity purposes only. (2) Includes accrued interest, fees, and other adjustments. (3) Brokered deposit availability is based upon internal policy limit. (4) Net estimated uninsured deposits are net of collateralized municipal deposits and inter-company deposits. (dollars in millions) (dollars in millions)

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16 Note: The Corporation has presented the following non-GAAP financial measures because it believes that these measures provide useful and comparative information to assess trends in the Corporation's results of operations and financial condition. Presentation of these non-GAAP financial measures is consistent with how the Corporation evaluates its performance internally and these non-GAAP financial measures are frequently used by securities analysts, investors and other interested parties in the evaluation of companies in the Corporation's industry. Investors should recognize that the Corporation's presentation of these non-GAAP financial measures might not be comparable to similarly-titled measures of other companies. These non-GAAP financial measures should not be considered a substitute for GAAP basis measures and the Corporation strongly encourages a review of its condensed consolidatedfinancial statements in their entirety. Non-GAAP Reconciliation Three months ended (dollars in thousands) Jun 30 Mar 31 2025 2025 Operating net income available to common shareholders Net income available to common shareholders 96,636$90,425$ Less: Other revenue (9) (122) Plus: Core deposit intangible amortization 5,346 6,155 Plus: Acquisition-related expense - 380 Plus: FultonFirst implementation and asset disposals (270) (47) Less: Tax impact of adjustments (1,064) (1,337) Operating net income available to common shareholders (numerator) 100,639$95,454$ Weighted average shares (diluted) (denominator) 183,813 184,077 Operating net income available to common shareholder, per share (diluted) 0.55$0.52$

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17 Non-GAAP Reconciliation Three months ended (dollars in thousands) Jun 30 Mar 31 2025 2025 Operating return on average assets Net income 99,198$92,987$ Less: Other revenue (9) (122) Plus: Core deposit intangible amortization 5,346 6,155 Plus: Acquisition-related expense - 380 Plus: FultonFirst implementation and asset disposals (270) (47) Less: Tax impact of adjustments (1,064) (1,337) Operating net income (numerator) 103,201$98,016$ Total average assets 31,901,574$31,971,601$ Less: Average net core deposit intangible (71,282) (77,039) Total Operating average assets (denominator) 31,830,292$31,894,562$ Operating return on average assets (1) 1.30% 1.25% (1) Annualized.

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18 Non-GAAP Reconciliation Three months ended (dollars in thousands) Jun 30 Mar 31 2025 2025 Operating non-interest expense to total average assets Non-interest expense 192,811$189,460$ Less: Intangible amortization (5,460) (6,269) Less: Acquisition-related expense - (380) Less: FultonFirst implementation and asset disposals 270 47 Operating non-interest expense (numerator) 187,621$182,858$ Total average assets (denominator) $31,901,574 $31,971,601 Operating non-interest expense to total average assets (1) 2.36% 2.32% (1) Annualized.

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19 Non-GAAP Reconciliation Three months ended (dollars in thousands) Jun 30 Mar 31 2025 2025 Pre-provision net revenue to average assets Plus: Net interest income 254,921$251,187$ Plus: Non-interest income 69,148 67,232 Less: Non-interest expense (192,811) (189,460) Less: Other revenue (9) (122) Plus: Core deposit intangible amortization 5,346 6,155 Plus: Acquisition-related expense - 380 Plus: FultonFirst implementation and asset disposals (270) (47) Pre-provision net revenue (numerator) 136,325$135,325$ Total average assets $31,901,574 $31,971,601 Less: Average net core deposit intangible (71,282) (77,039) Average assets (denominator) 31,830,292$31,894,562$ Pre-provision net revenue to average assets (1) 1.72% 1.72% (1) Annualized.

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20 Non-GAAP Reconciliation Three months ended (dollars in thousands) Jun 30 Mar 31 2025 2025 Operating return on average common shareholders' equity (tangible) Net income available to common shareholders 96,636$90,425$ Less: Other revenue (9) (122) Plus: Intangible amortization 5,460 6,269 Plus: Acquisition-related expense - 380 Plus: FultonFirst implementation and asset disposals (270) (47) Less: Tax impact of adjustments (1,088) (1,361) Adjusted net income available to common shareholders (numerator) 100,729$95,544$ Average Shareholders' equity 3,304,015$3,254,125$ Less: Average goodwill and intangible assets (626,383) (632,254) Less: Average preferred stock (192,878) (192,878) Average tangible common shareholders' equity (denominator) 2,484,754$2,428,993$ Operating return on average common shareholders' equity (tangible) (1) 16.26% 15.95% (1) Annualized.

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21 Non-GAAP Reconciliation Three months ended (dollars in thousands) Jun 30 Mar 31 2025 2025 Efficiency ratio Non-interest expense 192,811$189,460$ Less: Acquisition-related expense - (380) Less: FultonFirst implementation and asset disposals 270 47 Less: Intangible amortization (5,460) (6,269) Operating non-interest expense (numerator) 187,621$182,858$ Net interest income 254,921$251,187$ Tax equivalent adjustment 4,389 4,340 Plus: Total non-interest income 69,148 67,232 Less: Other revenue (9) (122) Plus: Investment securities (gains) losses, net - 2 Total revenue (denominator) 328,449$322,639$ Efficiency ratio 57.1% 56.7%

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22 Non-GAAP Reconciliation (dollars in thousands, except per share data) Jun 30 Mar 31 2025 2025 Common shareholders' equity (tangible), per share Shareholders' equity 3,329,246$3,274,321$ Less: Preferred stock (192,878) (192,878) Less: Goodwill and intangible assets (623,729) (629,189) Tangible common shareholders' equity (numerator) 2,512,639$2,452,254$ Shares outstanding, end of period (denominator) 182,379 182,204 Common shareholders' equity (tangible), per share 13.78$13.46$

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