Fulton Financial 2016 Q2 Earnings Results

Fulton Financial Corporation reported second quarter 2016 results with diluted earnings per share of $0.23, representing a 9.5% increase year-over-year. The company demonstrated linked-quarter loan growth of 0.8% and core deposit growth of 1.6%, while pre-provision net revenue increased 9.7% year-over-year. Asset quality improved across all metrics with annualized net charge-off rates declining to 10 basis points.