Demonstrações financeiras detalhadas de Fulton Financial Corporation (FULT): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
Fulton Financial Corporation registou receitas de $1.89B no último exercício, com um CAGR de 5 anos de 14.2%. O lucro líquido atingiu $391.6M, com CAGR de 5 anos de 17.1%.
Margens dos últimos 12 meses: margem bruta 69.3%, margem operacional 25.7%, margem líquida 20.7%. O fluxo de caixa livre cresceu a CAGR de 15.7% em 5 anos.
Ao preço atual de $23.46, FULT negocia a um P/L de 11.30 e um ROE de 11.15%. A capitalização de mercado é de $4.5B.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $793.3M | $871.7M | $954.0M | $1.04B | $972.3M | $997.2M | $1.09B | $1.50B | $1.80B | $1.89B |
| Custo da Receita | $95.5M | $116.8M | $175.0M | $209.7M | $190.6M | $45.1M | $103.3M | $473.0M | $670.1M | $616.2M |
| Lucro Bruto | $697.8M | $754.9M | $779.1M | $831.7M | $781.7M | $952.1M | $988.7M | $1.03B | $1.13B | $1.28B |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $300.2M | $309.2M | $323.0M | $330.5M | $338.4M | $345.1M | $376.3M | $405.5M | $464.7M | $530.7M |
| Despesas Operacionais | $489.5M | $520.5M | $546.1M | $567.7M | $579.4M | $617.8M | $641.7M | $679.2M | $786.0M | $789.5M |
| Lucro Operacional | $208.2M | $234.5M | $233.0M | $264.0M | $202.2M | $334.2M | $347.0M | $348.7M | $344.6M | $485.6M |
| EBITDA | $235.7M | $262.6M | $261.1M | $293.6M | $231.6M | $363.6M | $378.9M | $381.7M | $401.6M | $529.3M |
| Despesas com Juros | $82.3M | $93.5M | $128.1M | $176.9M | $113.7M | $59.7M | $83.2M | $418.9M | $621.9M | $580.5M |
| Lucro Antes de Impostos | $208.2M | $234.5M | $233.0M | $264.0M | $202.2M | $334.2M | $347.0M | $348.7M | $344.6M | $485.6M |
| Imposto | $46.6M | $62.7M | $24.6M | $37.6M | $24.2M | $58.7M | $60.0M | $64.4M | $55.9M | $94.0M |
| Lucro Líquido | $161.6M | $171.8M | $208.4M | $226.3M | $178.0M | $275.5M | $287.0M | $284.3M | $288.7M | $391.6M |
| LPA | $0.93 | $0.98 | $1.19 | $1.39 | $1.08 | $1.63 | $1.69 | $1.66 | $1.59 | $2.10 |
| LPA Diluído | $0.93 | $0.98 | $1.18 | $1.39 | $1.08 | $1.62 | $1.67 | $1.64 | $1.57 | $2.08 |
| Ações em Circulação (Diluídas) | $174.4M | $175.9M | $176.5M | $167.8M | $163.1M | $163.3M | $165.5M | $166.8M | $177.2M | $183.3M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $481.2M | $471.8M | $454.6M | $507.5M |
| Lucro Bruto | $324.2M | $331.5M | $312.1M | $358.7M |
| Lucro Operacional | $127.8M | $120.1M | $117.1M | $127.7M |
| EBITDA | $140.1M | $125.5M | $129.3M | $127.7M |
| Lucro Líquido | $100.5M | $99.0M | $94.8M | $102.4M |
| LPA | $0.53 | $0.53 | $0.51 | $0.52 |
| LPA Diluído | $0.53 | $0.53 | $0.51 | $0.52 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $239.2M | $263.7M | $243.8M | $517.8M | $1.85B | $1.64B | $668.0M | $532.3M | $1.06B | $1.03B |
| Investimentos de Curto Prazo | $2.56B | $2.55B | $2.08B | $2.50B | $3.06B | $3.19B | $2.65B | $2.40B | $2.31B | $2.37B |
| Contas a Receber | $293.0M | $344.5M | $370.7M | $383.5M | $350.7M | $334.0M | $410.5M | $478.9M | $465.2M | $113.7M |
| Estoque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $3.09B | $3.16B | $2.69B | $3.40B | $5.26B | $5.16B | $3.73B | $3.41B | $3.84B | $3.52B |
| Imobilizado | $217.8M | $222.8M | $234.5M | $240.0M | $231.5M | $302.8M | $225.1M | $222.9M | $195.5M | $175.2M |
| Ágio | $530.6M | $530.6M | $530.6M | $535.3M | $533.4M | $534.3M | $550.5M | $553.3M | $553.3M | $553.3M |
| Ativos Intangíveis | $38.5M | $963000 | $38.6M | $39.3M | $3.3M | $3.8M | $10.3M | $7.3M | $82.1M | $59.6M |
| Ativos Totais | $18.94B | $20.04B | $20.68B | $21.90B | $25.91B | $25.80B | $26.93B | $27.57B | $32.07B | $32.12B |
| Contas a Pagar | $9.6M | $9.3M | $10.5M | $8.8M | $10.4M | $7.0M | $10.2M | $35.1M | $31.6M | $17.1M |
| Dívida de Curto Prazo | $541.3M | $617.5M | $754.8M | $939.9M | $630.1M | $833.5M | $1.08B | $851.3M | $563.8M | $678.8M |
| Passivos Circulantes | $15.56B | $16.42B | $17.14B | $18.34B | $21.48B | $22.41B | $21.74B | $22.42B | $26.72B | $27.29B |
| Dívida de Longo Prazo | $929.4M | $1.04B | $992.3M | $881.8M | $1.30B | $621.3M | $1.79B | $1.64B | $1.22B | $618.6M |
| Passivos Totais | $16.82B | $17.81B | $18.43B | $19.55B | $23.29B | $23.08B | $24.35B | $24.81B | $28.87B | $28.63B |
| Reservas | $732.1M | $821.6M | $946.0M | $1.08B | $1.12B | $1.28B | $1.45B | $1.62B | $1.78B | $2.02B |
| Patrimônio Líquido | $2.12B | $2.23B | $2.25B | $2.35B | $2.62B | $2.71B | $2.58B | $2.76B | $3.20B | $3.49B |
| Dívida Total | $1.47B | $1.66B | $1.75B | $1.82B | $1.93B | $1.45B | $2.87B | $2.49B | $1.78B | $1.30B |
| Dívida Líquida | -$1.33B | -$1.16B | -$577.0M | -$1.19B | -$2.98B | -$3.37B | -$443.6M | -$443.1M | -$1.59B | -$2.11B |
| Capital de Giro | -$12.47B | -$13.27B | -$14.45B | -$14.94B | -$16.22B | -$17.25B | -$18.01B | -$19.01B | -$22.89B | -$23.76B |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $786.9M | $1.03B | $1.04B | $1.26B |
| Ativos Totais | $32.00B | $32.12B | $32.24B | $34.56B |
| Passivos Totais | $28.58B | $28.63B | $28.73B | $30.74B |
| Patrimônio Líquido | $3.41B | $3.49B | $3.51B | $3.82B |
| Dívida Total | $1.47B | $1.30B | $1.25B | $1.71B |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $161.6M | $171.8M | $208.4M | $226.3M | $178.0M | $275.5M | $287.0M | $284.3M | $288.7M | $391.6M |
| Depreciação e Amortização | $27.4M | $28.1M | $28.2M | $29.6M | $29.3M | $29.4M | $31.9M | $33.0M | $57.0M | $29.7M |
| Compensação em Ações | $6.6M | $5.2M | $8.0M | $7.4M | $7.5M | $8.4M | $14.0M | $12.5M | $10.5M | $13.3M |
| Variação Capital de Giro | -$13.5M | -$17.4M | -$31.2M | -$195.9M | -$101.6M | -$26.0M | $191.8M | -$25.7M | $73.4M | -$130.6M |
| Fluxo de Caixa Operacional | $226.1M | $287.8M | $296.8M | $127.7M | $157.4M | $338.4M | $594.8M | $363.0M | $416.6M | $304.5M |
| CapEx | -$19.7M | -$33.1M | -$39.9M | -$33.7M | -$20.2M | -$17.7M | -$21.2M | -$33.0M | -$42.5M | -$20.1M |
| Aquisições | 0 | 0 | 0 | -$5.2M | -$1.9M | -$2.0M | -$21.8M | 0 | $1.02B | 0 |
| Recompra de Ações | -$18.5M | 0 | -$95.3M | -$111.5M | -$39.7M | -$43.9M | 0 | -$77.1M | -$30.3M | -$66.0M |
| Dividendos Pagos | -$69.4M | -$80.4M | -$89.7M | -$92.3M | -$91.0M | -$112.0M | -$116.0M | -$115.7M | -$131.7M | -$141.2M |
| Fluxo de Caixa Livre | $206.4M | $254.7M | $256.9M | $94.0M | $137.1M | $320.7M | $573.5M | $330.0M | $374.1M | $284.3M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $116.1M | $96.0M | $114.7M | $99.7M |
| CapEx | -$746000 | -$22.8M | -$1.5M | -$6.1M |
| Fluxo de Caixa Livre | $115.3M | $73.1M | $113.2M | $93.6M |
| Dividendos Pagos | -$35.3M | -$35.1M | -$36.7M | -$38.9M |
| Compensação em Ações | $4.0M | $3.8M | $2.4M | $2.5M |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +9.9% | +9.4% | +9.2% | -6.6% | +2.6% | +9.5% | +37.5% | +20.0% | +5.0% |
| Crescimento Lucro Líquido (anual) | | +6.3% | +21.3% | +8.6% | -21.3% | +54.7% | +4.2% | -0.9% | +1.6% | +35.6% |
| Crescimento LPA (anual) | | +5.4% | +21.4% | +16.8% | -22.3% | +50.9% | +3.7% | -1.8% | -4.2% | +32.1% |
| Variação de Ações (anual) | | +0.9% | +0.3% | -5.0% | -2.8% | +0.1% | +1.3% | +0.8% | +6.3% | +3.4% |
| Crescimento FCF (anual) | | +23.4% | +0.9% | -63.4% | +45.9% | +133.9% | +78.8% | -42.5% | +13.4% | -24.0% |
| Margem Bruta | 88.0% | 86.6% | 81.7% | 79.9% | 80.4% | 95.5% | 90.5% | 68.5% | 62.8% | 67.4% |
| Margem Operacional | 26.3% | 26.9% | 24.4% | 25.3% | 20.8% | 33.5% | 31.8% | 23.2% | 19.1% | 25.7% |
| Margem EBITDA | 29.7% | 30.1% | 27.4% | 28.2% | 23.8% | 36.5% | 34.7% | 25.4% | 22.3% | 28.0% |
| Margem Líquida | 20.4% | 19.7% | 21.8% | 21.7% | 18.3% | 27.6% | 26.3% | 18.9% | 16.0% | 20.7% |
| Margem FCF | 26.0% | 29.2% | 26.9% | 9.0% | 14.1% | 32.2% | 52.5% | 22.0% | 20.8% | 15.0% |
| Taxa Efetiva de Imposto | 22.4% | 26.7% | 10.5% | 14.3% | 12.0% | 17.6% | 17.3% | 18.5% | 16.2% | 19.4% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $1.18 | $1.45 | $1.46 | $0.56 | $0.84 | $1.96 | $3.47 | $1.98 | $2.11 | $1.55 |
| Dividendo por Ação | $0.40 | $0.46 | $0.51 | $0.55 | $0.56 | $0.69 | $0.70 | $0.69 | $0.74 | $0.77 |
| Ações em Circulação (Básicas) | $173.3M | $174.7M | $175.4M | $166.9M | $162.4M | $162.2M | $164.1M | $165.2M | $175.5M | $183.3M |
O que olhar em empresas de Financial Services
- Efficiency Ratio (≤55%) — Despesas operacionais / receita. Bancos top abaixo de 55%.
- ROA (≥1%) — Quanto ganham por cada euro de ativos. ROE engana em bancos pela alavancagem.
- ROTCE (≥12%) — Rentabilidade sobre Capital Tangível. Exclui goodwill e intangíveis.
- Capital / Ativos (proxy Tier 1) (≥8%) — Proxy do rácio de capital. FMP não expõe Tier 1 regulatório direto.
- P/B (1,0-1,5x) — Métrica clássica bancária. <1x pode ser oportunidade ou distress.
- Dividend yield sustentável (≥2%, <8%) — Bancos UE pagam 5-7% sem stress. >8% é sinal de distress.
Rentabilidade
| Retorno sobre patrimônio | 11.15% |
| Retorno sobre capital investido | 4.98% |
| Retorno sobre ativos | 1.15% |
| Margem bruta | 69.26% |
| Margem operacional | 25.73% |
| Margem líquida | 20.71% |
Saúde financeira
| Dívida / Patrimônio | 0.45 |
| Liquidez corrente | 0.23 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 20.22 | 18.27 | 13.01 | 12.54 | 11.78 | 10.43 | 9.96 | 9.92 | 12.13 | 9.20 |
| P/VP | 1.54 | 1.40 | 1.21 | 1.24 | 0.79 | 1.02 | 1.07 | 0.99 | 1.06 | 1.02 |
| P/V | 4.11 | 3.59 | 2.85 | 2.79 | 2.12 | 2.77 | 2.53 | 1.81 | 1.88 | 1.87 |
| Margem Bruta | 88.0% | 86.6% | 81.7% | 79.9% | 80.4% | 95.5% | 90.5% | 68.5% | 62.8% | 67.4% |
| Margem Operacional | 26.3% | 26.9% | 24.4% | 25.3% | 20.8% | 33.5% | 31.8% | 23.2% | 19.1% | 25.7% |
| Margem Líquida | 20.4% | 19.7% | 21.8% | 21.7% | 18.3% | 27.6% | 26.3% | 18.9% | 16.0% | 20.7% |