Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Equities

Fulton Financial Q2 2024 Earnings Summary

by Team Lumida
July 23, 2024
in Equities
Reading Time: 2 mins read
A A
0
Fulton Financial Q2 2024 Earnings Summary

Source: Fulton Financial

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Beats Earnings by ~56% & Beats Revenue expectations by ~8%

Total Revenue: $334.71M, up 22.4% YoY, up 27% QoQ

Net Income: $92.4M, up 18% YoY, up 56% QoQ

Shares up ~1% after results

2/ Key Takeaways:

Net interest income of $241.7M, up 17% YoY

Loan growth positive with net charge-offs at 0.19% of total average loans

Provision for credit losses: $32.1M, up 229% QoQ

3/ CEO Curtis J. Myers on Quarter:

“The second quarter was an extraordinary quarter for Fulton. I want to personally thank both our new Republic teammates and our dedicated Fulton team for an exceptional effort. Fulton’s solid performance, steady business trends, and stable asset quality were supplemented by a meaningful contribution from the Republic transaction.”

Tags: $FULTBankingEARNINGSFinancial IndustryFulton Financial
Previous Post

ASML Q2 2024 Earnings Summary

Next Post

Elevance Health Q2 2024 Earnings Summary

Recommended For You

Verizon Yields 6.4% Against a 5.3% Treasury, Which Is 110 Basis Points for Taking Competitive Risk

by Team Lumida
1 hour ago
Verizon Yields 6.4% Against a 5.3% Treasury, Which Is 110 Basis Points for Taking Competitive Risk

SpaceX is the catalyst. The cause is a sector whose growth disappears on consensus forecasts before the competition arrives.

Read more

BofA Kept a Client Generating $6 Million a Year Over Compliance Objections. The Fine Was $1.21 Billion

by Team Lumida
17 hours ago
BofA Kept a Client Generating $6 Million a Year Over Compliance Objections. The Fine Was $1.21 Billion

A 200,000-case backlog, 33,000 wires with wrong sender names, and a bond portfolio back above $100 billion in paper losses.

Read more

Chip Stocks Shed $1 Trillion After September Inflation Ran Hottest Since April on Fuel Costs

by Team Lumida
18 hours ago
Chip Stocks Shed $1 Trillion After September Inflation Ran Hottest Since April on Fuel Costs

The chain is complete: Hormuz to fuel prices to CPI to rate expectations to the longest-duration equities in the market.

Read more

CoreWeave’s Bonds Fall Below 80 Cents With Swaps Pricing a Coin Flip on Default, a Week After Firmus Used It as the Valuation Benchmark

by Team Lumida
18 hours ago
CoreWeave’s Bonds Fall Below 80 Cents With Swaps Pricing a Coin Flip on Default, a Week After Firmus Used It as the Valuation Benchmark

The comparable that made other AI infrastructure valuations look conservative is now itself distressed.

Read more

California Utilities May Cut Power to 316,000 Customers This Week, Because Not Delivering Electricity Is Now Cheaper Than the Liability

by Team Lumida
18 hours ago
California Utilities May Cut Power to 316,000 Customers This Week, Because Not Delivering Electricity Is Now Cheaper Than the Liability

The state is banning data centres politically while being unable to guarantee uninterrupted power physically.

Read more

Brazil’s Business Elite Switches Sides Before the October 25 Runoff, and the Poll Showing 52-48 Comes From a Bank Seeking Appointments

by Team Lumida
18 hours ago
Brazil’s Business Elite Switches Sides Before the October 25 Runoff, and the Poll Showing 52-48 Comes From a Bank Seeking Appointments

Executives themselves name the real risk: not who gets appointed, but whether appointees keep the political support to act.

Read more

Olympus Shares Plunge 13.5% on Expanded FDA Warning Letter; Systemic Quality Issues Across 6 Factories Signal Years-Long Resolution; Private Equity Circles Distressed Asset

by Team Lumida
1 day ago
Olympus Shares Plunge 13.5% on Expanded FDA Warning Letter; Systemic Quality Issues Across 6 Factories Signal Years-Long Resolution; Private Equity Circles Distressed Asset

Olympus -13.5% (intraday -16.5%) on FDA warning letter citing quality management system failures across 6 factories (US, Japan, Europe). CEO White's PE-style turnaround (job cuts, portfolio simplification) failing...

Read more

Gold Fields Mounts ‘Charm Offensive’ to Woo Northern Star Shareholders; A$39bn Bid Rejected but Elliott Activism, Trading Discount Signal Deal Momentum May Resume

by Team Lumida
1 day ago
Gold Fields Mounts ‘Charm Offensive’ to Woo Northern Star Shareholders; A$39bn Bid Rejected but Elliott Activism, Trading Discount Signal Deal Momentum May Resume

Gold Fields CEO Fraser in Perth/Sydney/Melbourne courting Northern Star investors. A$39bn bid rejected last month, but NST share price A$24.91 vs A$27 implied bid value signals market skepticism...

Read more

The Administration Will Fund a Refinery Expansion Under the Defense Production Act, While US Refiners Run at 92.5% of Capacity

by Team Lumida
2 days ago
The Administration Will Fund a Refinery Expansion Under the Defense Production Act, While US Refiners Run at 92.5% of Capacity

Capacity is not the binding constraint. Refiners are already running below it because of margins and maintenance.

Read more

Switzerland Is Designing a Bank Tax That Applies to Exactly One Bank, Because UBS Absorbed the Only Other Candidate

by Team Lumida
2 days ago
Switzerland Is Designing a Bank Tax That Applies to Exactly One Bank, Because UBS Absorbed the Only Other Candidate

Lenders would pay a fee for a liquidity backstop they cannot claim, provided by a creditor that ranks ahead of them.

Read more
Next Post
Elevance Health Q2 2024 Earnings Summary

Elevance Health Q2 2024 Earnings Summary

a bitcoin sitting on top of a pile of coins

Donald Trump’s Crypto Move: Fourth NFT Collection and Pro-Bitcoin Running Mate

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

CoreWeave Reports Fivefold Revenue Growth but Warns of Margin Pressure Amid Increased Investments

CoreWeave Reports Fivefold Revenue Growth but Warns of Margin Pressure Amid Increased Investments

May 15, 2025
JPMorgan Seeks to Dismiss Trump’s $5B Lawsuit, Cites Improper Legal Claims Against Dimon

JPMorgan Seeks to Dismiss Trump’s $5B Lawsuit, Cites Improper Legal Claims Against Dimon

February 20, 2026
Morgan Stanley Q2 2024 Earnings Summary

Morgan Stanley Raises $885 Million for Japan Real Estate Fund

September 8, 2025

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Legacy
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Opinions
    • Investing Philosophy
    • Op-Ed
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Investing Philosophy
  • Latest
  • Legacy
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Op-Ed
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips Amazon Apple Artificial Intelligence Banking Bank of America Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Novo Nordisk Nuclear Energy Nvidia oil OpenAI private equity S&P 500 SEC stock market Tech Stocks tesla Trump Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018