EX-12.1

Exhibit 12.1

Fulton Financial Corporation

Statement Re: Computation of Ratios of Earnings to Fixed Charges and Ratios of Earnings to Combined Fixed Charges and Preferred Stock Dividends

(Dollars in Thousands)


	Nine months ended September 30,				Year Ended December 31,
	2017		2016		2016		2015		2014		2013		2012
Income before income taxes	$	173,267	$	155,878	$	208,249	$	199,423	$	210,500	$	212,925	$	217,446
Interest expense, including interest on deposits		67,928		61,553		82,328		83,795		81,211		82,495		103,168
Amortization of debt discount (premium) and expenses, including amounts capitalized		618		463		617		585		334		315		297
Estimated interest component of net rental expense		4,596		4,520		6,047		5,935		5,932		6,202		6,301

Numerator	$	246,409	$	222,414	$	297,241	$	289,738	$	297,977	$	301,937	$	327,212

Interest expense, including interest on deposits	$	67,928	$	61,553	$	82,328	$	83,795	$	81,211	$	82,495	$	103,168
Amortization of debt discount (premium) and expenses, including amounts capitalized		618		463		617		585		334		315		297
Estimated interest component of net rental expense		4,596		4,520		6,047		5,935		5,932		6,202		6,301

Denominator	$	73,142	$	66,536	$	88,992	$	90,315	$	87,477	$	89,012	$	109,766

Ratio of earnings to fixed charges (including interest on deposits)		3.37		3.34		3.34		3.21		3.41		3.39		2.98
Consolidated Ratio of Earnings to Combined Fixed Charges and Preference Dividends (including interest on deposits)		3.37		3.34		3.34		3.21		3.41		3.39		2.98
Income before income taxes	$	173,267	$	155,878	$	208,249	$	199,423	$	210,500	$	212,925	$	217,446
Interest expense, excluding interest on deposits		27,219		28,628		37,635		43,313		46,101		45,725		46,273
Amortization of debt discount (premium) and expenses, including amounts capitalized		618		463		617		585		334		315		297
Estimated interest component of net rental expense		4,596		4,520		6,047		5,935		5,932		6,202		6,301

Earnings	$	205,701	$	189,489	$	252,549	$	249,256	$	262,866	$	265,166	$	270,317

Interest expense, excluding interest on deposits		27,219		28,628		37,635		43,313		46,101		45,725		46,273
Amortization of debt discount (premium) and expenses, including amounts capitalized		618		463		617		585		334		315		297
Estimated interest component of net rental expense		4,596		4,520		6,047		5,935		5,932		6,202		6,301

Fixed Charges, excluding preferred stock dividends and discount accretion		32,434		33,611		44,300		49,833		52,366		52,241		52,871
Preferred stock dividends and discount accretion		—		—		—		—		—		—		—

Fixed Charges, including preferred stock dividends and discount accretion	$	32,434	$	33,611	$	44,300	$	49,833	$	52,366	$	52,241	$	52,871

Consolidated Ratio of Earnings to Fixed Charges (excluding interest on deposits)		6.34		5.64		5.70		5.00		5.02		5.08		5.11
Consolidated Ratio of Earnings to Combined Fixed Charges and Preference Dividends (excluding interest on deposits)		6.34		5.64		5.70		5.00		5.02		5.08		5.11