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Fulton Financial (Fulton Financial) Scaled Net Operating Assets : 0.11 (As of Dec. 2023)


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What is Fulton Financial Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Fulton Financial's operating assets for the quarter that ended in Dec. 2023 was $26,148 Mil. Fulton Financial's operating liabilities for the quarter that ended in Dec. 2023 was $23,176 Mil. Fulton Financial's Total Assets for the quarter that ended in Sep. 2023 was $27,375 Mil. Therefore, Fulton Financial's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.11.


Fulton Financial Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Fulton Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(27039.605-23175.554)/26931.702
=0.14

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=27571.915 - 532.31
=27039.605

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=24811.776 - 1636.222 - 0
=23175.554

Fulton Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(26147.966-23175.554)/27375.177
=0.11

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=27571.915 - 1423.949
=26147.966

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=24811.776 - 1636.222 - 0
=23175.554

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fulton Financial Scaled Net Operating Assets Related Terms

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Fulton Financial (Fulton Financial) Business Description

Traded in Other Exchanges
Address
One Penn Square, P.O Box 4887, Lancaster, PA, USA, 17602
Fulton Financial is a U.S.-based financial services holding company that operates in five states: Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It offers a range of consumer and commercial banking products and services, such as checking and savings deposit products and loan products. Its services cover five distinct divisions: consumer banking, commercial banking, mortgage banking, wealth management, and other. The bank derives its revenue from non-interest income, led by its Wealth Management division.
Executives
E Philip Wenger officer: Sr. Executive Vice President C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Karthik Sridharan officer: Sr Executive Vice President 110 WEST FRONT STREET, RED BANK NJ 07701
Curtis J Myers officer: Sr. Executive Vice President C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Mark R Mccollom officer: Sr. Executive Vice President 1130 BERKSHIRE BOULEVARD, WYOMISSING PA 19610
David M Campbell officer: Sr Executive Vice President C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Meg R Mueller officer: SEVP & Chief Credit Officer C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Andrew B Fiol officer: Sr Executive Vice President C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
George K Martin director C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Moxley James R Iii director 10480 LITTLE PATUXENT PARKWAY, COLUMBIA MD 21044
Angela M Sargent officer: SEVP & Chief Info Office C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Steven S Etter director C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Angela M Snyder officer: Sr Executive Vice President C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Antoinette M Pergolin director C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Natasha R. Luddington officer: Sr. Executive Vice President C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Daniel R Stolzer officer: Sr Executive Vice President C/O CODORUS VALLEY BANCORP INC, 105 LEADER HEIGHTS ROAD, YORK PA 17403