Fulton Financial Corporation Announces Increased Common Stock Dividend, Preferred Stock Dividend and $150 Million Repurchase Program

LANCASTER, Pa., Dec. 16, 2025 /PRNewswire/ -- Fulton Financial Corporation ("Fulton") (Nasdaq: FULT) today announced that its Board of Directors (the "Board") declared a quarterly cash dividend of nineteen cents per share on its common stock, payable on January 15, 2026, to shareholders of record as of December 31, 2025. This is a one cent per share increase from the quarterly cash dividend that the Board declared on September 16, 2025.

"The Board's decision to increase our common dividend and increase our share repurchase program demonstrates our continued strength, confidence and commitment to delivering value to our shareholders," said Chairman and CEO Curt Myers.

In addition, Fulton announced that the Board declared a quarterly dividend of $12.81 per share (equivalent to $0.32025 per depositary share) on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A ("Preferred Stock"), payable on January 15, 2026, to shareholders of record as of December 31, 2025, for the period from and including October 15, 2025, to but excluding, January 15, 2026.

Fulton also announced that the Board approved the repurchase of shares of Fulton's common stock and other securities in an aggregate principal amount not to exceed $150 million commencing on January 1, 2026, and expiring on January 31, 2027 (the "2026 Program"). Under the 2026 Program, up to $25 million, in the aggregate, may be used to repurchase shares of Fulton's Preferred Stock, Fulton's 3.250% Fixed-to-Floating Rate Subordinated Notes due 2030 or Fulton's 3.750% Fixed-to-Floating Rate Subordinated Notes due 2035. Purchases may be made from time to time under the 2026 Program in open market transactions at prevailing market prices, in privately negotiated transactions or by other means in accordance with federal securities laws. The 2026 Program may be discontinued at any time at the discretion of the Board and does not commit Fulton to repurchase any of its securities. Purchases, if any, will be determined by management in its discretion and will depend upon a number of factors, including Fulton's capital position, liquidity, financial performance and alternate uses of capital, the market price of Fulton's securities, general market and economic conditions, and applicable legal and regulatory requirements.

Fulton, a $32 billionLancaster, Pennsylvania-based financial holding company, has more than 3,300 employees and operates more than 200 financial centers in Pennsylvania, New Jersey, Maryland, Delaware and Virginia through Fulton Bank, N.A.

Additional information on Fulton can be found at investor.fultonbank.com.

Media:
Rachel Sharkey (717) 291-2831

Investors:
Matt Jozwiak (717) 327-2657

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SOURCE Fulton Financial Corporation