Fulton Financial reports Q1 EPS 40c, consensus 39c

Reports Q1 revenue $264M, consensus $216.5M. “We are pleased with our first quarter results, which are a good start to the year; operating earnings were solid, deposit growth outpaced loan growth during the quarter, net interest margin was in line with our expectations, and asset quality remained stable,” said Curtis J. Myers, Chairman and CEO of Fulton Financial Corporation. “We are focused and making progress on our strategic initiatives.”