Fulton Financial Corporation has reported its fourth quarter and full-year results for 2025, with net income available to common shareholders of $96.4 million for the fourth quarter, representing a decrease of $1.5 million compared to the third quarter of 2025. The operating net income available to common shareholders for the same period was $99.4 million, reflecting a decrease of $1.9 million compared to the third quarter of 2025.
For the full year ended December 31, 2025, net income available to common shareholders was $381.4 million, an increase of $102.9 million compared to the year ended December 31, 2024. Operating net income available to common shareholders for the same period was $396.8 million, marking an increase of $68.7 million compared to the year ended December 31, 2024.
In the fourth quarter of 2025, the corporation repurchased 1,082,678 shares of its common stock under the 2025 repurchase program at a cost of $19.9 million. The common equity tier 1 capital ratio increased to approximately 11.8% compared to 11.6% in the prior quarter. Additionally, the board of directors approved the 2026 repurchase program, authorizing the repurchase of up to $150 million of shares of its common stock and certain other securities.
The balance sheet summary shows that total net loans increased to $24.1 billion, deposits totaled $26.6 billion, and the provision for credit losses was $2.9 million in the fourth quarter of 2025. Non-performing assets were $185.2 million, or 0.58% of total assets, as of December 31, 2025, in comparison to $201.0 million, or 0.63% of total assets, as of September 30, 2025.
These results reflect a mix of positive and negative changes in various financial metrics, with the corporation citing the strength of its strategy and the dedication of its team as key contributors to its performance. The market has reacted to these announcements by moving the company's shares -0.84% to a price of $20.00. For more information, read the company's full 8-K submission here.
