Fulton Financial (FULT) Reports In-Line Q4 EPS
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Fulton Financial reports 2016 earnings
January 17, 2017 4:30 PM ESTDiluted earnings per share for the fourth quarter of 2016 were 24 cents, unchanged from the third quarter of 2016 and a two cent, or 9.1 percent, increase from the fourth quarter of 2015. For the year ended December 31, 2016, diluted earnings per share were 93 cents, a 9.4 percent increase from 85 cents reported in 2015. Pre-provision net revenue of $55.8 million for the fourth quarter of 2016 decreased 5.1 percent from the third quarter of 2016, mainly due to higher expenses. For the year, pre-provision net revenue was $218.9 million, or 10.4% higher than 2015. Net interest income for the fourth quarter of 2016 increased $1.7 million, or 1.3... More
