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Fulton Financial FULT Data processing and equipment

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Segments

By segment

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Reportable Segment$75.09M-3.6%

Other financials

Income statement

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Revenue$363.6M+12.2%
Net income$99.9M+0.7%
EPS (diluted)$0.52-1.9%

Balance sheet

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Cash & equivalents$1.1B+3.1%
Total debt$1.9B-11.8%
Total equity$3.8B+14.6%
Total assets$34.6B+7.9%

Cash flow

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Operating cash flow$114.7M+16,216%
CapEx$1.5M-84.2%
Free cash flow$113.2M+1,408%

Valuation

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Market cap$4.67B+45.8%
P/E11.9×+2.0×
P/S3.4×+0.9×

Profitability

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Net margin28.8%+3.5pp
FCF margin30.6%+12.5pp

Returns & leverage

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Return on equity11%+1.0pp
Debt / equity0.6×-0.1×

Where this comes from

Reported directly by Fulton Financial in its filing.

Tagged under the XBRL concept us-gaap:InformationTechnologyAndDataProcessing.

The source filing: Fulton Financial’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:31 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000700564-26-000016
(dollars in thousands, except per-share data)Three months ended March 31, 2026Three months ended March 31, 2025
Total Non-Interest Income69,84167,232
Non-Interest Expense
Salaries and employee benefits109,917103,526
Data processing and software18,66218,599
Net occupancy18,22918,207
Other outside services12,75011,837
Intangible amortization5,3496,269
FDIC insurance4,2495,597

Item 1. Financial Statements

FAQ

What is Fulton Financial's data processing and equipment?
Fulton Financial (FULT) reported data processing and equipment of $18.66M in Q1 2026.
How has Fulton Financial's data processing and equipment changed year-over-year?
Fulton Financial's data processing and equipment increased by 0.3% year-over-year, from $18.6M to $18.66M.
What is the long-term trend for Fulton Financial's data processing and equipment?
Over 4 years (2021 to 2025), Fulton Financial's data processing and equipment has grown at a 7.4% compound annual growth rate (CAGR), from $56.44M to $75.09M.
What does data processing and equipment mean?
Includes costs associated with maintaining core banking systems, digital platforms, and data infrastructure. This expense category is critical for assessing a bank's investment in digital transformation and operational scalability.

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