Previous view $830M-$840M. Backs FY23 non-interest income view $220M-$230M. Backs FY23 provision for credit losses view $55M-$65M. Raises FY23 non-interest expense view to roughly $665M from $645M-$660M. Backs FY23 effective tax rate view of about 17.5%. Guidance taken from Q3 earnings conference call presentation slides.
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Read More on FULT:
- Fulton Financial reports Q3 net interest margin 3.40% vs. 3.54% last year
- Fulton Financial reports Q3 operating EPS 43c, consensus 41c
- Fulton Financial (FULT) Q3 Earnings Cheat Sheet
- Fulton Financial price target lowered to $12 from $13 at Jefferies
- Fulton Financial files automatic mixed securities shelf