Tuesday, Fulton Financial Corp. (FULT) reported fourth-quarter net income available to common shareholders of $19.3 million or $0.11 per share, compared to a net loss available to common shareholders of $102.3 million or $0.58 cents per share in the same quarter last year.
On average, 12 analysts polled by Thomson Reuters expected the company to earn $0.11 per share for the quarter. Analysts' estimates typically exclude special items.
Net interest income for the quarter increased 2.8% to $136.1 million from $132.3 million in the comparable quarter last year. Analysts expected the company to report revenue of $137.51 million for the quarter.
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