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FULTP.PFD (Fulton Financial) Allowance For Loans And Lease Losses : $-375.94 Mil (As of Jun. 2024)


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What is Fulton Financial Allowance For Loans And Lease Losses?

Fulton Financial's Allowance For Loans And Lease Losses for the quarter that ended in Jun. 2024 was $-375.94 Mil.

Fulton Financial's quarterly Allowance For Loans And Lease Losses declined from Dec. 2023 ($-290.02 Mil) to Mar. 2024 ($-297.89 Mil) and declined from Mar. 2024 ($-297.89 Mil) to Jun. 2024 ($-375.94 Mil).

Fulton Financial's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-241.95 Mil) to Dec. 2022 ($-259.99 Mil) and declined from Dec. 2022 ($-259.99 Mil) to Dec. 2023 ($-290.02 Mil).

Fulton Financial Allowance For Loans And Lease Losses Historical Data

The historical data trend for Fulton Financial's Allowance For Loans And Lease Losses 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.

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Fulton Financial Allowance For Loans And Lease Losses Chart

Fulton Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -163.62 -270.94 -241.95 -259.99 -290.02

Fulton Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Allowance For Loans And Lease Losses 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 -280.85 -290.02 -297.89 -375.94 -375.96

Fulton Financial Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Fulton Financial Allowance For Loans And Lease Losses Related Terms

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Fulton Financial Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fulton Financial Corp (NAS:FULTP.PFD) » Definitions » Allowance For Loans And Lease Losses
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Traded in Other Exchanges
FULT:USA FU5:Germany
Address
One Penn Square, P.O Box 4887, Lancaster, PA, USA, 17604
Website
https://www.fultonbank.com
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. It offers consumer and commercial banking products and services, as well as wealth management products and services. The bank derives its revenue from non-interest income, led by its Wealth Management division.