Raymond James cuts Fulton Financial stock to Market Perform
Published on 10/08/2026 at 13:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Fulton Financial Corporation (ISIN US3602711000) was downgraded by Raymond James from Outperform to Market Perform on October 6, 2026, according to MarketBeat. Fulton Financial stock stood at EUR 19.70 at Lang & Schwarz on October 8, 2026 at 1:34 p.m. CEST, down 0.51 percent from the EUR 19.80 prior close.
Three events shape the bank
On April 1, 2026, Fulton Financial completed its Blue Foundry Bancorp acquisition, adding USD 2.10 billion in assets, as reported by ScanX.
On July 22, 2026, second-quarter operating earnings per share reached USD 0.60 versus USD 0.53 consensus, while GAAP net income available to common shareholders was USD 99.90 million, according to ScanX.
On October 6, 2026, Raymond James cut its rating from Outperform to Market Perform, while MarketBeat reported a consensus rating of Hold and a USD 24.75 consensus price target.
What does the downgrade change?
The rating change places more weight on execution after the Blue Foundry integration. Second-quarter net interest income rose to USD 284.25 million from USD 262.02 million in the prior quarter, but acquisition-related expenses increased by USD 11.20 million, according to ScanX. That combination makes integration discipline a key measure for the next report.
Upcoming dates carry the next test
Fulton Financial is scheduled to release third-quarter 2026 results on October 21, 2026, at 4:30 p.m. ET and hold its analyst conference call on October 22, 2026, at 10:00 a.m. ET, according to ScanX. The figures to watch are the contribution from the enlarged loan base and the cost of absorbing the acquisition.
Fulton Financial stock remains below its high
Fulton Financial stock was trading at EUR 19.70 at Lang & Schwarz on October 8, 2026 at 1:34 p.m. CEST, down 0.51 percent versus the prior close of EUR 19.80. On Nasdaq, the stock last stood at USD 22.07 on October 7, 2026, while its 52-week range was USD 16.60 to USD 25.23 and market capitalization was USD 4.2 billion.
The further course of trading is shown by the continuously updated real-time quote of Fulton Financial stock.
Fulton Financial stock facts
- Company: Fulton Financial Corporation
- ISIN: US3602711000
- Ticker: FULT
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of October 8, 2026, 1:34 p.m. CEST: EUR 19.70
- Change versus prior close: minus 0.51 percent
- Prior close Lang & Schwarz October 7, 2026: EUR 19.80
- Market capitalization: USD 4.2 billion as of October 7, 2026
- 52-week range: USD 16.60-25.23 as of October 7, 2026
- Sector / Industry: Financial Services / Banks - Regional
Market context: Market report S&P 500.
