22.10.2013 23:14:37
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Fulton Financial Q3 Profit Shrinks, EPS Flat - Quick Facts
(RTTNews) - Fulton Financial Corp. (FULT) Tuesday reported third-quarter profit of $39.95 million, down from $40.58 million in the same period last year. On a per-share basis, earnings were $0.21 per share, flat with last year.
On average, 13 analysts polled by Thomson Reuters expected the company to earn $0.20 per share for the quarter. Analysts' estimates typically exclude special items.
Net-interest income dropped to $132.53 million from $135.88 million last year. Net interest margin was 3.45 percent, compared to 3.74 percent last year. Non-interest income totaled $47.36 million, down from $51.94 million last year.
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