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FULT - Why Shares of Fulton Financial Are Rising This Week
Fulton Financial Corporation
For the week, shares of the Pennsylvania-based regional bank Fulton Financial (NASDAQ: FULT) traded nearly 10% higher as of 2:25 p.m. ET Thursday after the company reported earnings results for the second quarter of the year.
Fulton reported diluted earnings per share of $0.42 on total revenue of more than $237 million, both of which beat analyst estimates.
Fulton's CEO E. Philip Wenger said in a statement: