Fulton Bank

Overview

What stands out about Fulton Bank?

Its largest one-quarter change in total assets since Q1 2016 was +34.6% between Q1 2019 and Q2 2019, when it absorbed Fulton Bank of New Jersey.

How large is Fulton Bank?

At Q2 2026 the bank held $32.6 bn of assets. Deposits were $27.4 bn and net loans and leases $24.0 bn, a loan-to-deposit ratio of 87.72%. Securities of $5.1 bn made up 15.6% of assets.

Total assets rose 227.2% between Q1 2016 and Q2 2026, from $10.0 bn.

How much of its funding is uninsured?

An estimated 40.46% of domestic deposits were above the FDIC insurance limit at Q2 2026, +0.24 pp from the previous quarter and +1.20 pp from a year earlier. That share ranks 178th among 500 banks reporting this metric (1 = highest).

Key facts, Q2 2026

US rank: rank among the banks in our coverage reporting each metric, 1 = highest unless marked 1 = lowest.

The common equity tier 1 (CET1) ratio was 13.03% at Q2 2026, +0.60 pp from a year earlier. Since Q1 2016 it has ranged from 10.61% (Q2 2017) to 13.03% (Q2 2026). At Q2 2026 the tier 1 leverage ratio was 10.20% and the total risk-based capital ratio 14.46%. The median CET1 ratio of the size peers listed below was 12.82% at Q2 2026.

Held-to-maturity securities had an unrealized loss of $168.0 mn at Q2 2026, measured as fair value minus amortized cost, equal to 4.7% of bank equity capital. The loss narrowed by $12.2 mn from a year earlier. The largest unrealized loss on these securities was $259.9 mn at Q3 2023. Available-for-sale securities showed an unrealized loss of $239.8 mn at Q2 2026; the loss narrowed by $63.2 mn from a year earlier.

Return on equity was 11.84% for the year to Q2 2026, annualized, with a return on assets of 1.30% and a net interest margin of 3.64%. The margin was +0.12 pp from a year earlier. The efficiency ratio, noninterest expense as a share of revenue as the FDIC defines it, was 57.38%. Net income for the year to Q2 2026 was $210.1 mn, up 2.2% on the same period a year earlier. The median return on equity of its size peers was 9.13% for the same period.

Noncurrent loans, those 90 days or more past due or no longer accruing interest, were 0.71% of total loans at Q2 2026. Net charge-offs for the year to date were 0.30% of average loans, annualized.

1. 13 October 2018. Absorbed FNB Bank, National Association (FDIC certificate 7459).
2. 13 October 2018. Absorbed Swineford National Bank (FDIC certificate 7774).
3. 18 May 2019. Absorbed Fulton Bank of New Jersey (FDIC certificate 27614).
4. 14 September 2019. Absorbed The Columbia Bank (FDIC certificate 27244).
5. 14 September 2019. Absorbed Lafayette Ambassador Bank (FDIC certificate 11106).
6. 5 November 2022. Absorbed Prudential Bank (FDIC certificate 30011).
7. 26 April 2024. Acquired the failed Republic Bank from the FDIC as receiver (FDIC certificate 27332).
8. 13 July 2026. Absorbed Blue Foundry Bank (FDIC certificate 30052).

Large one-quarter moves

• Total assets changed by +34.6% in the quarter to 2019-06-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Fulton Bank of New Jersey.
• Total assets changed by +26.2% in the quarter to 2019-09-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Lafayette Ambassador Bank, The Columbia Bank.

Source: FDIC BankFind API, institution history. Moves of more than 25% in one quarter are checked against that history in our review.