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Fulton Financial (Fulton Financial) Total Assets : $27,572 Mil (As of Dec. 2023)


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What is Fulton Financial Total Assets?

Fulton Financial's Total Assets for the quarter that ended in Dec. 2023 was $27,572 Mil.

During the past 12 months, Fulton Financial's average Total Assets Growth Rate was 10.70% per year. During the past 3 years, the average Total Assets Growth Rate was 7.60% per year. During the past 5 years, the average Total Assets Growth Rate was 7.20% per year. During the past 10 years, the average Total Assets Growth Rate was 6.20% per year.

During the past 13 years, Fulton Financial's highest 3-Year average Total Assets Growth Rate was 20.70%. The lowest was 0.40%. And the median was 7.05%.

Total Assets is connected with ROA %. Fulton Financial's annualized ROA % for the quarter that ended in Dec. 2023 was 0.94%. Total Assets is also linked to Revenue through Asset Turnover. Fulton Financial's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.


Fulton Financial Total Assets Historical Data

The historical data trend for Fulton Financial's Total Assets can be seen below:

* 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.

* Premium members only.

Fulton Financial Total Assets Chart

Fulton Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21,886.04 25,906.73 25,796.40 26,931.70 27,571.92

Fulton Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27,112.18 27,403.16 27,375.18 27,571.92 27,642.96

Fulton Financial Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Fulton Financial's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=2760.139+24811.776
=27,572

Fulton Financial's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=2760.139+24811.776
=27,572

* 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  (NAS:FULT) Total Assets Explanation

Total Assets is connected with ROA %.

Fulton Financial's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=257.052/( (27375.177+27571.915)/ 2 )
=257.052/27473.546
=0.94 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Fulton Financial's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=271.383/( (27375.177+27571.915)/ 2 )
=271.383/27473.546
=0.01

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Fulton Financial Total 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