Fulton Financial Corporation - Fitch Research

Fulton Financial Corporation

Fulton Financial Corporation - Fitch Research
Fulton Financial Corporation
Published May 24, 2019
16 pages (9497 words) — Published May 24, 2019
Price US$ 550.00  |  Buy this Report Now

About This Report

  
Brief Excerpt:

...Ratings Affirmed: In May 2019, Fitch Ratings affirmed Fulton Financial Corporation's (FULT) Long-Term Issuer Default Rating (IDR) at 'BBB' and Short-Term IDR at 'F2'. The Rating Outlook is Stable. The ratings reflect FULT's established market share in core markets, a relatively good long-term credit track record and stable earnings performance. Credit Quality Supports Rating: Fitch continues to view FULT's credit performance history as solid relative to its `BBB' category peers due in part to stable performance in FULT's rural and small-town markets. In Fitch's opinion, FULT's asset quality is also aided by the bank's focus on a high-touch community banking strategy and strong customer relationships as well as good industry and product diversification. Capital in Line with Rating: FULT's regulatory capital ratios remain in the bottom quartile of its peer group. Despite this, Fitch views FULT's capital levels as acceptable, reflecting our view of FULT's solid asset quality track record....

  
Report Type:

Full Rating Report

Company(ies)
Fulton Financial Corporation , Lafayette Ambassador Bank , Fulton Bank, National Association , The Columbia Bank , Fulton Bank Office
Ticker(s)
Issuer
The Bank
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Fitch Research. "Fulton Financial Corporation" May 24, 2019. Alacra Store. May 06, 2025. <http://www.alacrastore.com/fitch-credit-research/Fulton-Financial-Corporation-947594_report_frame>
  
APA:
Fitch Research. (). Fulton Financial Corporation May 24, 2019. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/fitch-credit-research/Fulton-Financial-Corporation-947594_report_frame>
  
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