How Fulton’s Higher Dividend and New Buybacks At Fulton Financial (FULT) Has Changed Its Investment Story

Simply Wall St · 2d ago
  • Earlier this week, Fulton Financial Corporation’s Board of Directors increased its quarterly common dividend to US$0.19 per share and confirmed a quarterly preferred dividend, both payable on January 15, 2026, while also approving a new US$150 million capital return program spanning common shares, preferred stock and certain subordinated notes.
  • These moves reinforce the bank’s emphasis on returning cash to investors through a higher regular payout and flexible repurchases across its capital structure.
  • Next, we’ll examine how Fulton’s higher common dividend might reshape the existing investment narrative built around Fulton First and earnings growth.

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Fulton Financial Investment Narrative Recap

To own Fulton Financial, you need to believe the bank can keep growing earnings steadily while managing loan growth, credit quality and interest rate pressure. The higher US$0.19 dividend and US$150 million capital return program support the near term income story, but do not materially change the key catalyst of earnings resilience or the central risks around loan growth and credit costs.

The new US$150 million repurchase authorization, effective from January 1, 2026, is the announcement most directly tied to this dividend increase, as both shape how Fulton balances capital returns with funding for future growth. For investors focused on catalysts, this matters mainly if buybacks reduce share count over time while the bank is still managing slower loan growth and potential pressure on net interest income.

Yet even with higher cash returns, investors should be aware of how a weaker loan pipeline could still...

Read the full narrative on Fulton Financial (it's free!)

Fulton Financial's narrative projects $1.5 billion revenue and $452.9 million earnings by 2028.

Uncover how Fulton Financial's forecasts yield a $20.80 fair value, in line with its current price.

Exploring Other Perspectives

FULT 1-Year Stock Price Chart
FULT 1-Year Stock Price Chart

Two members of the Simply Wall St Community see Fulton's fair value between US$20.80 and about US$37.66, showing a wide spread of personal estimates. Against that, the key concern remains whether slower loan and deposit growth could pressure net interest income and influence how these different views on the bank's future performance play out over time.

Explore 2 other fair value estimates on Fulton Financial - why the stock might be worth as much as 85% more than the current price!

Build Your Own Fulton Financial Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

  • A great starting point for your Fulton Financial research is our analysis highlighting 5 key rewards that could impact your investment decision.
  • Our free Fulton Financial research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Fulton Financial's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.