FULTON FINANCIAL Business Summary

Fulton Financial Corporation (FULT) operates as a prominent financial holding company, generating revenue primarily through net interest income from its diverse commercial and consumer loan portfolios, supplemented by non-interest income from wealth management, mortgage banking, and brokerage services. The company’s core business is conducted through its subsidiary, Fulton Bank, which provides a full suite of retail and commercial banking solutions across the Mid-Atlantic region, including Pennsylvania, New Jersey, Delaware, Maryland, and Virginia. Its primary segments are categorized into Commercial Banking, targeting small-to-mid-sized enterprises with specialized lending and cash management, and Consumer Banking, which focuses on residential mortgages and personal deposit products. Fulton competes directly with regional powerhouses such as M&T Bank, Valley National Bancorp, and WSFS Financial. Positioned as a high-touch regional player, Fulton leverages its 2024 acquisition of Republic First Bank assets to command a dominant presence in the Philadelphia market, offering a competitive middle ground between localized community banks and large national institutions. Leadership is directed by Chairman and CEO Curtis J. Myers, a veteran executive who has been instrumental in the company’s disciplined credit culture and recent inorganic growth initiatives. The executive suite includes Angela M. Snyder, Senior Executive Vice President and Head of Consumer Banking, and Daniel R. Stolzer, Senior Executive Vice President and Chief Legal Officer, both of whom bring extensive regional banking expertise to the firm’s strategic execution. The company’s governance is supported by a board of directors that includes seasoned professionals like Ronald H. Spair and G. William Ryan, ensuring robust oversight of its $30+ billion asset base. Fulton is backed by significant institutional investors, including BlackRock, Vanguard, and State Street, reflecting strong market confidence in its conservative capital structure and consistent dividend performance. This leadership team has successfully navigated the firm through evolving regulatory landscapes while maintaining a focus on community-centric banking and digital transformation.