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Fulton Financial: 3Q Earnings Snapshot

LANCASTER, Pa. (AP) _ Fulton Financial Corp. (FULT) on Tuesday reported third-quarter net income of $62.1 million.

The Lancaster, Pennsylvania-based bank said it had earnings of 37 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.

The financial holding company posted revenue of $268.2 million in the period. Its revenue net of interest expense was $224.3 million, which also topped Street forecasts. Three analysts surveyed by Zacks expected $223 million.

Fulton Financial shares have climbed slightly more than 8% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $16.76, a climb of 4% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FULT at https://www.zacks.com/ap/FULT