Exhibit 99.1

FULTON FINANCIAL

CORPORATION

FOR IMMEDIATE RELEASE

Media Contact: Lacey Dean (717) 735-8688

Investor Contact: Matt Jozwiak (717) 327-2657

Fulton Financial Corporation Announces Third Quarter 2024 Results

(October 15, 2024) – Lancaster, PA – Fulton Financial Corporation (NASDAQ: FULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $60.6 million, or $0.33 per diluted share, for the third quarter of 2024, a decrease of $31.8 million, or $0.19 per share, in comparison to the second quarter of 2024. Operating net income available to common shareholders for the three months ended September 30, 2024 was $91.3 million, or $0.50 per diluted share(1), an increase of $8.8 million, or $0.03 per share, in comparison to the second quarter of 2024.

"We are excited about the progress we made on key strategic initiatives and pleased to see that this work has generated record operating earnings this quarter," said Curtis J. Myers, Chairman and CEO of Fulton. "We continue to see strong operating revenue growth, improvement in operating efficiency and profitability, combined with solid organic capital generation."

Financial Highlights

Third quarter of 2024 operating results of $0.50 per diluted share represented an all-time high for Fulton and was impacted by the following items:

•Solid net interest margin of 3.49%, an increase of six basis points compared to the prior quarter.

•Excluding brokered deposits, customer deposits increased $745.0 million compared to the prior quarter.

•Common equity tier 1 capital increased to 10.5%, compared to 10.3% in the prior quarter.

•Tangible shareholders' equity per common share increased $0.59, or 4.7%, to $13.02 compared to the prior quarter.

•Acquisition-related(2) expenses of $14.2 million.

•FultonFirst implementation and asset disposal costs of $9.4 million.

1

The following items highlight notable changes in the components of net income in the third quarter of 2024 compared to the second quarter of 2024:

•Net interest income totaled $258.0 million, an increase of $16.3 million, which was largely due to the full-quarter impact of the Acquisition and an increase in on-balance sheet liquidity.

•Non-interest income before investment securities gains (losses) was $59.7 million compared to $113.3 million in the second quarter of 2024. The decrease was primarily due to a $55.1 million change in the gain on acquisition (net of tax) with a $7.7 million reduction recorded in the third quarter of 2024.

•Non-interest expense was $226.1 million compared to $219.8 million in the second quarter of 2024, excluding the $20.3 million gain on the sale-leaseback transaction, reflected in other expense in the second quarter of 2024. The increase was largely due to an $8.2 million increase in salaries and benefits expense driven by a $4.9 million increase in employee severance costs related to the FultonFirst initiative, a full-quarter impact of salaries and benefits from the Acquisition resulting in an increase of $2.7 million and a $1.7 million increase in incentive compensation expense. The increase in salaries and benefits expense was partially offset by a $1.4 million decrease in consulting costs related to the FultonFirst initiative.

Balance Sheet Summary

•Net loans totaled $24.2 billion, an increase of $69.8 million compared to $24.1 billion as of June 30, 2024. The increase was largely due to increases of $203.7 million and $53.8 million in commercial mortgage loans and residential mortgage loans, respectively, partially offset by decreases of $130.8 million, $53.1 million and $40.4 million in construction loans, commercial and industrial loans and consumer loans, respectively. Excluding the impact from the day 1 Purchased Credit Deteriorated ("PCD") adjustment of $55.9 million and purchase accounting accretion of $24.9 million, net loans acquired in the Acquisition declined approximately $82.3 million since the Acquisition Date. Excluding purchase accounting accretion of $14.5 million, net loans acquired in the Acquisition declined approximately $49.2 million to $2.5 billion, compared to the second quarter of 2024.

•Deposits totaled $26.2 billion, an increase of $592.5 million compared to $25.6 billion as of June 30, 2024. The increase was primarily due to increases of $374.2 million, $301.4 million and $177.1 million in time deposits, interest-bearing demand deposits and savings deposits, respectively, partially offset by decreases of $152.5 million in brokered deposits and $107.7 million in noninterest-bearing demand deposits. Deposits assumed in the Acquisition declined approximately $248.6 million since the Acquisition Date and increased approximately $108.7 million to $3.9 billion compared to the second quarter of 2024.

2

Provision for Credit Losses and Asset Quality

•The provision for credit losses was $11.9 million in the third quarter of 2024 compared to $32.1 million in the second quarter of 2024. The decrease was primarily related to the Acquisition, which included a provision for credit losses of $23.4 million for non-PCD loans in the second quarter of 2024.

•Non-performing assets were $205.0 million, or 0.64% of total assets, at September 30, 2024, in comparison to $174.0 million, or 0.55% of total assets, at June 30, 2024.

•Net charge-offs for the third quarter of 2024 were 0.18% of total average loans in comparison to 0.19% in the second quarter of 2024.

•The allowance for credit losses attributable to net loans remained relatively unchanged and totaled $376.0 million, or 1.56% of total loans at September 30, 2024, compared to $375.9 million, or 1.56% of total loans at June 30, 2024.

Additional information on Fulton is available on the Internet at www.fultonbank.com.

(1) Financial measure derived by methods other than generally accepted accounting principles ("GAAP"). Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of the press release.

(2) On April 26, 2024, the Corporation announced that its wholly owned banking subsidiary, Fulton Bank, National Association ("Fulton Bank"),

acquired substantially all of the assets and assumed substantially all of the deposits and certain liabilities of Republic First Bank, doing

business as Republic Bank ("Republic Bank"), from the Federal Deposit Insurance Corporation (the "FDIC"), as receiver for Republic Bank (the

"Acquisition"), pursuant to the terms of the Purchase and Assumption Agreement - Whole Bank, All Deposits, effective as of April 26, 2024 (the

"Acquisition Date"), among the FDIC, as receiver of Republic Bank, the FDIC and Fulton Bank.

3

Safe Harbor Statement

This press release may contain forward-looking statements with respect to the Corporation’s financial condition, results of operations and business. Do not unduly rely on forward-looking statements. Forward-looking statements can be identified by the use of words such as "may," "should," "will," "could," "estimates," "predicts," "potential," "continue," "anticipates," "believes," "plans," "expects," "future," "intends," “projects,” the negative of these terms and other comparable terminology. These forward-looking statements may include projections of, or guidance on, the Corporation’s future financial performance, expected levels of future expenses, including future credit losses, anticipated growth strategies, descriptions of new business initiatives and anticipated trends in the Corporation’s business or financial results.

Forward-looking statements are neither historical facts, nor assurance of future performance. Instead, the statements are based on current beliefs, expectations and assumptions regarding the future of the Corporation’s business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Corporation’s control, and actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not unduly rely on any of these forward-looking statements. Any forward-looking statement is based only on information currently available and speaks only as of the date when made. The Corporation undertakes no obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

A discussion of certain risks and uncertainties affecting the Corporation, and some of the factors that could cause the Corporation's actual results to differ materially from those described in the forward-looking statements, can be found in the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2023, Quarterly Reports on Form 10-Q for the quarters ended March 31, 2024 and June 30, 2024 and other current and periodic reports, which have been, or will be, filed with the Securities and Exchange Commission (the "SEC") and are, or will be, available in the Investor Relations section of the Corporation's website (www.fultonbank.com) and on the SEC's website (www.sec.gov).

4

Non-GAAP Financial Measures

The Corporation uses certain financial measures in this press release that have been derived from methods other than GAAP. These non-GAAP financial measures are reconciled to the most comparable GAAP measures in tables at the end of this press release.

FULTON FINANCIAL CORPORATION
SUMMARY CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)
(dollars in thousands, except per share and shares data)
			Three months ended
			Sep 30						Jun 30						Mar 31						Dec 31						Sep 30
			2024						2024						2024						2023						2023
Ending Balances
Investment securities			$	4,545,278					$	4,184,027					$	3,783,392					$	3,666,274					$	3,698,601
Net loans			24,176,075						24,106,297						21,444,483						21,351,094						21,177,508
Total assets			32,185,726						31,769,813						27,642,957						27,571,915						27,375,177
Deposits			26,152,144						25,559,654						21,741,950						21,537,623						21,421,589
Shareholders' equity			3,203,943						3,101,609						2,757,679						2,760,139						2,566,693
Average Balances
Investment securities			4,237,805						4,043,136						3,672,844						3,665,261						3,834,824
Net loans			24,147,801						23,345,914						21,370,033						21,255,779						21,121,277
Total assets			31,895,235						30,774,891						27,427,626						27,397,671						27,377,836
Deposits			25,778,259						24,642,954						21,378,754						21,476,548						21,357,295
Shareholders' equity			3,160,322						2,952,671						2,766,945						2,618,024						2,645,977
Income Statement
Net interest income			258,009						241,720						206,937						212,006						213,842
Provision for credit losses			11,929						32,056						10,925						9,808						9,937
Non-interest income			59,673						92,994						57,140						59,378						55,961
Non-interest expense			226,089						199,488						177,600						180,552						171,020
Income before taxes			79,664						103,170						75,552						81,024						88,846
Net income available to common shareholders			60,644						92,413						59,379						61,701						69,535
Per Share
Net income available to common shareholders (basic)			$0.33						$0.53						$0.36						$0.38						$0.42
Net income available to common shareholders (diluted)			$0.33						$0.52						$0.36						$0.37						$0.42
Operating net income available to common shareholders(1)			$0.50						$0.47						$0.40						$0.42						$0.43
Cash dividends			$0.17						$0.17						$0.17						$0.17						$0.16
Common shareholders' equity			$16.55						$16.00						$15.82						$15.67						$14.47
Common shareholders' equity (tangible)(1)			$13.02						$12.43						$12.37						$12.25						$11.05
Weighted average shares (basic)			181,905						175,305						162,706						163,975						164,566
Weighted average shares (diluted)			183,609						176,934						164,520						165,650						166,023
(1) Non-GAAP financial measure. Refer to the calculation on the page titled “Reconciliation of Non-GAAP Measures” at the end of this press release.

5

			Three months ended
			Sep 30						Jun 30						Mar 31						Dec 31						Sep 30
			2024						2024						2024						2023						2023
Asset Quality
Net charge-offs to average loans			0.18		%				0.19		%				0.16		%				0.15		%				0.10		%
Non-performing loans to total net loans			0.84		%				0.72		%				0.73		%				0.72		%				0.67		%
Non-performing assets to total assets			0.64		%				0.55		%				0.57		%				0.56		%				0.52		%
ACL - loans(1) to total loans			1.56		%				1.56		%				1.39		%				1.37		%				1.38		%
ACL - loans(1) to non-performing loans			186		%				218		%				191		%				191		%				208		%
Profitability
Return on average assets			0.79		%				1.24		%				0.91		%				0.93		%				1.04		%
Operating return on average assets(2)			1.17		%				1.11		%				1.00		%				1.03		%				1.08		%
Return on average common shareholders' equity			8.13		%				13.47		%				9.28		%				10.09		%				11.25		%
Operating return on average common shareholders' equity (tangible)(2)			15.65		%				15.56		%				13.08		%				14.68		%				15.17		%
Net interest margin			3.49		%				3.43		%				3.32		%				3.36		%				3.40		%
Efficiency ratio(2)			59.6		%				62.6		%				63.2		%				62.0		%				61.5		%
Non-interest expense to total average assets			2.82		%				2.61		%				2.60		%				2.61		%				2.48		%
Operating non-interest expense to total average assets(2)			2.45		%				2.55		%				2.49		%				2.47		%				2.47		%
Capital Ratios(3)
Tangible common equity ratio ("TCE")(2)			7.5		%				7.3		%				7.4		%				7.4		%				6.8		%
Tier 1 leverage ratio			8.9		%				9.2		%				9.3		%				9.5		%				9.4		%
Common equity Tier 1 capital ratio			10.5		%				10.3		%				10.3		%				10.3		%				10.3		%
Tier 1 risk-based capital ratio			11.3		%				11.1		%				11.1		%				11.2		%				11.1		%
Total risk-based capital ratio			14.0		%				13.8		%				14.0		%				14.0		%				14.0		%
(1) "ACL - loans" relates to the allowance for credit losses ("ACL") specifically on "Net Loans" and does not include the ACL related to off-balance-sheet     ("OBS") credit exposures.
(2) Non-GAAP financial measure. Refer to the calculation on the page titled "Reconciliation of Non-GAAP Measures" at the end of this press release.
(3) Regulatory capital ratios as of September 30, 2024 are preliminary estimates and prior periods are actual.

6

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED ENDING BALANCE SHEETS (UNAUDITED)
(dollars in thousands)
						Sep 30						Jun 30						Mar 31						Dec 31						Sep 30
						2024						2024						2024						2023						2023
ASSETS
			Cash and due from banks			$	296,500					$	333,238					$	247,581					$	300,343					$	304,042
			Other interest-earning assets			1,287,392						1,188,341						231,389						373,772						222,781
			Loans held for sale			17,678						26,822						10,624						15,158						20,368
			Investment securities			4,545,278						4,184,027						3,783,392						3,666,274						3,698,601
			Net loans			24,176,075						24,106,297						21,444,483						21,351,094						21,177,508
			Less: ACL - loans(1)			(375,961)						(375,941)						(297,888)						(293,404)						(292,739)
			Loans, net			23,800,114						23,730,356						21,146,595						21,057,690						20,884,769
			Net premises and equipment			171,731						180,642						213,541						222,881						215,626
			Accrued interest receivable			115,903						120,752						107,089						107,972						101,624
			Goodwill and intangible assets			641,739						648,026						560,114						560,687						561,284
			Other assets			1,309,391						1,357,609						1,342,632						1,267,138						1,366,082
			Total Assets			$	32,185,726					$	31,769,813					$	27,642,957					$	27,571,915					$	27,375,177
LIABILITIES AND SHAREHOLDERS' EQUITY
			Deposits			$	26,152,144					$	25,559,654					$	21,741,950					$	21,537,623					$	21,421,589
			Borrowings			2,052,227						2,178,597						2,296,040						2,487,526						2,370,112
			Other liabilities			777,412						929,953						847,288						786,627						1,016,783
			Total Liabilities			28,981,783						28,668,204						24,885,278						24,811,776						24,808,484
			Shareholders' equity			3,203,943						3,101,609						2,757,679						2,760,139						2,566,693
			Total Liabilities and Shareholders' Equity			$	32,185,726					$	31,769,813					$	27,642,957					$	27,571,915					$	27,375,177
LOANS, DEPOSITS AND BORROWINGS DETAIL:
Loans, by type:
			Real estate - commercial mortgage			$	9,493,479					$	9,289,770					$	8,252,117					$	8,127,728					$	8,106,300
			Commercial and industrial			4,914,734						4,967,796						4,467,589						4,545,552						4,577,334
			Real estate - residential mortgage			6,302,624						6,248,856						5,395,720						5,325,923						5,279,681
			Real estate - home equity			1,144,402						1,120,878						1,040,335						1,047,184						1,045,438
			Real estate - construction			1,332,954						1,463,799						1,249,199						1,239,075						1,078,263
			Consumer			651,717						692,086						698,421						729,318						743,976
			Leases and other loans(2)			336,165						323,112						341,102						336,314						346,516
			Total Net Loans			$	24,176,075					$	24,106,297					$	21,444,483					$	21,351,094					$	21,177,508
Deposits, by type:
			Noninterest-bearing demand			$	5,501,699					$	5,609,383					$	5,086,514					$	5,314,094					$	5,575,374
			Interest-bearing demand			7,779,472						7,478,077						5,521,017						5,722,695						5,757,487
			Savings			7,740,595						7,563,495						6,846,038						6,616,901						6,707,729
			Total demand and savings			21,021,766						20,650,955						17,453,569						17,653,690						18,040,590
			Brokered			843,473						995,975						1,152,427						1,144,692						941,059
			Time			4,286,905						3,912,724						3,135,954						2,739,241						2,439,940
			Total Deposits			$	26,152,144					$	25,559,654					$	21,741,950					$	21,537,623					$	21,421,589
Borrowings, by type:
			Federal funds purchased			$	—					$	—					$	—					$	240,000					$	544,000
			Federal Home Loan Bank advances			950,000						750,000						900,000						1,100,000						730,000
			Senior debt and subordinated debt			535,917						535,741						535,566						535,384						540,174
			Other borrowings			566,310						892,856						860,474						612,142						555,938
			Total Borrowings			$	2,052,227					$	2,178,597					$	2,296,040					$	2,487,526					$	2,370,112
(1) "ACL - loans" relates to the ACL specifically on "Net Loans" and does not include the ACL related to OBS credit exposures.
(2) Includes equipment lease financing, overdraft and net origination fees and costs.

7

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
(dollars in thousands, except per share and share data)
									Three months ended																														Nine months ended
									Sep 30						Jun 30						Mar 31						Dec 31						Sep 30						Sep 30
									2024						2024						2024						2023						2023						2024						2023
Net Interest Income:
			Interest income						$	427,656					$	400,506					$	339,666					$	338,134					$	330,371					$	1,167,828					$	935,103
			Interest expense						169,647						158,786						132,729						126,128						116,529						461,162						292,822
			Net Interest Income						258,009						241,720						206,937						212,006						213,842						706,666						642,281
			Provision for credit losses						11,929						32,056						10,925						9,808						9,937						54,910						44,228
			Net Interest Income after Provision						246,080						209,664						196,012						202,198						203,905						651,756						598,053
Non-Interest Income:
			Wealth management						21,596						20,990						20,155						19,388						19,413						62,741						56,152
			Commercial banking:
			Merchant and card						7,496						7,798						6,808						7,045						7,626						22,103						22,160
			Cash management						7,201						6,966						6,305						6,030						5,960						20,473						17,310
			Capital markets						3,311						2,585						2,341						4,258						2,960						8,236						11,396
			Other commercial banking						4,281						4,061						3,375						3,447						3,176						11,716						9,514
			Total commercial banking						22,289						21,410						18,829						20,780						19,722						62,528						60,380
			Consumer banking:
			Card						7,917						8,305						6,628						6,739						6,770						22,850						19,604
			Overdraft						3,957						3,377						2,786						2,991						2,996						10,120						8,425
			Other consumer banking						3,054						2,918						2,254						2,357						2,407						8,226						7,081
			Total consumer banking						14,928						14,600						11,668						12,087						12,173						41,196						35,110
			Mortgage banking						3,142						3,951						3,090						2,288						3,190						10,183						8,100
			Gain on acquisition, net of tax						(7,706)						47,392						—						—						—						39,685						—
			Other						5,425						4,933						3,398						5,587						1,463						13,756						8,539
			Non-interest income before investment securities gains (losses)						59,674						113,276						57,140						60,130						55,961						230,089						168,281
			Investment securities gains (losses), net						(1)						(20,282)						—						(752)						—						(20,283)						19
			Total Non-Interest Income						59,673						92,994						57,140						59,378						55,961						209,806						168,300
Non-Interest Expense:
			Salaries and employee benefits						118,824						110,630						95,481						97,275						96,757						324,935						280,142
			Data processing and software						20,314						20,357						17,661						16,985						16,914						58,332						49,486
			Net occupancy						18,999						17,793						16,149						14,647						14,561						52,942						43,373
			Other outside services						15,839						16,933						13,283						14,670						12,094						46,055						33,054
			Intangible amortization						6,287						4,688						573						597						601						11,548						2,347
			FDIC insurance						5,109						6,696						6,104						11,138						4,738						17,909						14,427
			Equipment						4,860						4,561						4,040						3,995						3,475						13,461						10,395
			Professional fees						2,811						2,571						2,088						2,302						1,869						7,470						6,090
			Marketing						2,251						2,101						1,912						3,550						1,913						6,263						5,454
			Acquisition-related expenses						14,195						13,803						—						—						—						27,998						—
			Other						16,600						(645)						20,309						15,393						18,098						36,263						53,888
			Total Non-Interest Expense						226,089						199,488						177,600						180,552						171,020						603,176						498,656
			Income Before Income Taxes						79,664						103,170						75,552						81,024						88,846						258,386						267,697
			Income tax expense						16,458						8,195						13,611						16,761						16,749						38,264						47,680
			Net Income						63,206						94,975						61,941						64,263						72,097						220,122						220,017
			Preferred stock dividends						(2,562)						(2,562)						(2,562)						(2,562)						(2,562)						(7,686)						(7,686)
			Net Income Available to Common Shareholders						$	60,644					$	92,413					$	59,379					$	61,701					$	69,535					$	212,436					$	212,331

8

									Three months ended																														Nine months ended
									Sep 30						Jun 30						Mar 31						Dec 31						Sep 30						Sep 30
									2024						2024						2024						2023						2023						2024						2023
PER SHARE:
			Net income available to common shareholders (basic)						$0.33						$0.53						$0.36						$0.38						$0.42						$1.23						$1.28
			Net income available to common shareholders (diluted)						$0.33						$0.52						$0.36						$0.37						$0.42						$1.21						$1.27
			Cash dividends						$0.17						$0.17						$0.17						$0.17						$0.16						$0.51						$0.47
			Weighted average shares (basic)						181,905						175,305						162,706						163,975						164,566						173,337						165,667
			Weighted average shares (diluted)						183,609						176,934						164,520						165,650						166,023						175,033						167,181

9

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)
(dollars in thousands)
						Three months ended
						September 30, 2024																		June 30, 2024																		September 30, 2023
						Average												Yield/						Average												Yield/						Average												Yield/
						Balance						Interest(1)						Rate						Balance						Interest(1)						Rate						Balance						Interest(1)						Rate
ASSETS
Interest-earning assets:
			Net loans(2)			$	24,147,801					$	376,160					6.20		%				$	23,345,914					$	355,533					6.12		%				$	21,121,277					$	304,167					5.72		%
			Investment securities(3)			4,526,885						37,853						3.34		%				4,396,050						33,799						3.07		%				4,197,550						27,274						2.59		%
			Other interest-earning assets			1,338,592						18,068						5.37		%				1,125,886						15,730						5.61		%				263,244						3,372						5.11		%
			Total Interest-Earning Assets			30,013,278						432,081						5.74		%				28,867,850						405,062						5.64		%				25,582,071						334,813						5.20		%
Noninterest-earning assets:
			Cash and due from banks			306,427																		302,381																		306,496
			Premises and equipment			181,285																		203,166																		217,447
			Other assets			1,772,052																		1,759,138																		1,562,233
			Less: ACL - loans(4)			(377,807)																		(357,644)																		(290,411)
			Total Assets			$	31,895,235																	$	30,774,891																	$	27,377,836
LIABILITIES AND SHAREHOLDERS' EQUITY
Interest-bearing liabilities:
			Demand deposits			$	7,668,583					$	38,768					2.01		%				$	7,080,302					$	31,748					1.80		%				$	5,740,229					$	18,690					1.29		%
			Savings deposits			7,663,599						49,477						2.57		%				7,309,141						44,901						2.47		%				6,676,792						34,277						2.04		%
			Brokered deposits			842,661						11,344						5.36		%				1,123,328						15,074						5.40		%				937,657						12,250						5.18		%
			Time deposits			4,107,466						45,735						4.43		%				3,670,158						39,364						4.31		%				2,330,206						18,939						3.22		%
			Total Interest-Bearing Deposits			20,282,309						145,324						2.85		%				19,182,929						131,087						2.75		%				15,684,884						84,156						2.13		%
			Borrowings and other interest-bearing liabilities			2,229,348						24,324						4.34		%				2,441,691						27,699						4.53		%				2,691,087						32,373						4.74		%
			Total Interest-Bearing Liabilities			22,511,657						169,648						3.00		%				21,624,620						158,786						2.95		%				18,375,971						116,529						2.51		%
Noninterest-bearing liabilities:
			Demand deposits			5,495,950																		5,460,025																		5,672,411
			Other liabilities			727,306																		737,575																		683,477
			Total Liabilities			28,734,913																		27,822,220																		24,731,859
			Shareholders' equity			3,160,322																		2,952,671																		2,645,977
			Total Liabilities and Shareholders' Equity			$	31,895,235																	$	30,774,891																	$	27,377,836
			Net interest income/net interest margin (fully taxable equivalent)									262,433						3.49		%										246,276						3.43		%										218,284						3.40		%
			Tax equivalent adjustment									(4,424)																		(4,556)																		(4,442)
			Net Interest Income									$	258,009																	$	241,720																	$	213,842
			(1) Presented on a fully taxable-equivalent basis using a 21% federal tax rate and statutory interest expense disallowances.
			(2) Average balances include non-performing loans.
			(3) Average balances include amortized historical cost for available for sale ("AFS") securities; the related unrealized holding gains (losses) are included in other assets.
			(4) ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities.

10

FULTON FINANCIAL CORPORATION
AVERAGE LOANS, DEPOSITS AND BORROWINGS DETAIL (UNAUDITED)
(dollars in thousands)
						Three months ended
						Sep 30						Jun 30						Mar 31						Dec 31						Sep 30
						2024						2024						2024						2023						2023
Loans, by type:
			Real estate - commercial mortgage			$	9,318,273					$	8,958,139					$	8,166,018					$	8,090,627					$	7,912,801
			Commercial and industrial			4,998,051						4,853,583						4,517,179						4,579,441						4,611,376
			Real estate - residential mortgage			6,268,922						5,977,132						5,353,905						5,303,632						5,209,105
			Real estate - home equity			1,122,313						1,117,367						1,039,321						1,043,753						1,045,806
			Real estate - construction			1,437,907						1,430,057						1,240,640						1,153,601						1,254,577
			Consumer			682,602						685,183						721,523						746,011						761,273
			Leases and other loans(1)			319,733						324,453						331,447						338,714						326,339
			Total Net Loans			$	24,147,801					$	23,345,914					$	21,370,033					$	21,255,779					$	21,121,277
Deposits, by type:
			Noninterest-bearing demand			$	5,495,950					$	5,460,025					$	5,061,075					$	5,440,098					$	5,672,411
			Interest-bearing demand			7,668,583						7,080,302						5,596,725						5,723,169						5,740,229
			Savings			7,663,599						7,309,141						6,669,228						6,682,512						6,676,792
			Total demand and savings			20,828,132						19,849,468						17,327,028						17,845,779						18,089,432
			Brokered			842,661						1,123,328						1,083,382						1,051,369						937,657
			Time			4,107,466						3,670,158						2,968,344						2,579,400						2,330,206
			Total Deposits			$	25,778,259					$	24,642,954					$	21,378,754					$	21,476,548					$	21,357,295
Borrowings, by type:
			Federal funds purchased			$	—					$	32,637					$	173,659					$	446,707					$	634,163
			Federal Home Loan Bank advances			754,130						833,726						902,890						760,087						793,098
			Senior debt and subordinated debt			535,831						535,656						535,479						539,186						540,086
			Other borrowings and other interest-bearing liabilities			939,387						1,039,672						996,348						795,747						723,740
			Total Borrowings			$	2,229,348					$	2,441,691					$	2,608,376					$	2,541,727					$	2,691,087
(1) Includes equipment lease financing, overdraft and net origination fees and costs.

11

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)
(dollars in thousands)
									Nine months ended September 30
									2024																		2023
									Average												Yield/						Average												Yield/
									Balance						Interest(1)						Rate						Balance						Interest(1)						Rate
ASSETS
Interest-earning assets:
			Net loans(2)						$	22,918,845					$	1,045,573					6.09		%				$	20,819,280					$	854,384					5.49		%
			Investment securities(3)						4,303,048						98,701						3.05		%				4,240,093						82,098						2.58		%
			Other interest-earning assets						921,483						37,126						5.38		%				427,810						11,882						3.71		%
			Total Interest-Earning Assets						28,143,376						1,181,400						5.60		%				25,487,183						948,364						4.97		%
Noninterest-Earning assets:
			Cash and due from banks						297,268																		193,083
			Premises and equipment						202,531																		219,087
			Other assets						1,828,085																		1,555,891
			Less: ACL - loans(4)						(353,567)																		(282,144)
			Total Assets						$	30,117,693																	$	27,173,100
LIABILITIES AND SHAREHOLDERS' EQUITY
Interest-Bearing liabilities:
			Demand deposits						$	6,785,106					$	91,016					1.79		%				$	5,535,671					$	41,756					1.01		%
			Savings deposits						7,215,631						133,175						2.47		%				6,593,703						84,102						1.71		%
			Brokered deposits						1,015,823						41,073						5.40		%				779,191						29,557						5.07		%
			Time deposits						3,583,905						114,721						4.28		%				2,032,360						40,160						2.64		%
			Total Interest-Bearing Deposits						18,600,465						379,985						2.73		%				14,940,925						195,575						1.75		%
			Borrowings and other interest-bearing liabilities						2,425,753						81,177						4.47		%				2,848,704						97,247						4.53		%
			Total Interest-Bearing Liabilities						21,026,218						461,162						2.93		%				17,789,629						292,822						2.20		%
Noninterest-Bearing liabilities:
			Demand deposits						5,339,590																		6,108,197
			Other liabilities						791,175																		639,569
			Total Liabilities						27,156,983																		24,537,395
			Shareholders' equity						2,960,710																		2,635,705
			Total Liabilities and Shareholders' Equity						$	30,117,693																	$	27,173,100
			Net interest income/net interest margin (fully taxable equivalent)												720,238						3.42		%										655,542						3.44		%
			Tax equivalent adjustment												(13,572)																		(13,261)
			Net Interest Income												$	706,666																	$	642,281
			(1) Presented on a fully taxable-equivalent basis using a 21% federal tax rate and statutory interest expense disallowances.
			(2) Average balances include non-performing loans.
			(3) Average balances include amortized historical cost for AFS; the related unrealized holding gains (losses) are included in other assets.
			(4) ACL - loans relates to the ACL for net loans and does not include the ACL related to OBS credit exposures, which is included in other liabilities.

12

FULTON FINANCIAL CORPORATION
AVERAGE LOANS, DEPOSITS AND BORROWINGS DETAIL (UNAUDITED)
(dollars in thousands)
									Nine months ended September 30
									2024						2023
Loans, by type:
			Real estate - commercial mortgage						$	8,803,503					$	7,803,775
			Commercial and industrial						4,786,976						4,602,573
			Real estate - residential mortgage						5,844,317						5,004,289
			Real estate - home equity						1,091,526						1,066,003
			Real estate - construction						1,370,134						1,278,923
			Consumer						697,204						748,788
			Leases and other loans(1)						325,185						314,929
			Total Net Loans						$	22,918,845					$	20,819,280
Deposits, by type:
			Noninterest-bearing demand						$	5,339,590					$	6,108,197
			Interest-bearing demand						6,785,106						5,535,671
			Savings						7,215,631						6,593,703
			Total demand and savings						19,340,327						18,237,571
			Brokered						1,015,823						779,191
			Time						3,583,905						2,032,360
			Total Deposits						$	23,940,055					$	21,049,122
Borrowings, by type:
			Federal funds purchased						$	68,515					$	606,708
			Federal Home Loan Bank advances						829,971						976,783
			Senior debt and subordinated debt						535,656						539,907
			Other borrowings						991,611						725,306
			Total Borrowings						$	2,425,753					$	2,848,704
(1) Includes equipment lease financing, overdraft and net origination fees and costs.

13

FULTON FINANCIAL CORPORATION
ASSET QUALITY INFORMATION (UNAUDITED)
(dollars in thousands)
						Three months ended																														Nine months ended September 30
						Sep 30						Jun 30						Mar 31						Dec 31						Sep 30						Sep 30						Sep 30
						2024						2024						2024						2023						2023						2024						2023
Allowance for credit losses related to net loans:
Balance at beginning of period						$	375,941					$	297,888					$	293,404					$	292,739					$	287,442					$	293,404					$	269,366
			CECL day 1 provision expense(1)			—						23,444						—						—						—						23,444						—
			Initial purchased credit deteriorated allowance for credit losses			(1,139)						55,906						—						—						—						54,767						—
			Loans charged off:
			Real estate - commercial mortgage			(2,723)						(7,853)						(26)						(3,547)						(860)						(10,602)						(14,452)
			Commercial and industrial			(6,256)						(2,955)						(7,632)						(3,397)						(3,220)						(16,843)						(5,849)
			Real estate - residential mortgage			(1,131)						(35)						(251)						—						—						(1,417)						(62)
			Consumer and home equity			(2,308)						(1,766)						(2,238)						(2,192)						(1,803)						(6,312)						(5,322)
			Real estate - construction			—						—						—						—						—						—						—
			Leases and other loans(2)			(726)						(1,398)						(805)						(1,096)						(1,396)						(2,929)						(3,284)
			Total loans charged off			(13,144)						(14,007)						(10,952)						(10,232)						(7,279)						(38,103)						(28,969)
Recoveries of loans previously charged off:
			Real estate - commercial mortgage			107						146						152						160						101						405						916
			Commercial and industrial			1,008						796						1,248						779						620						3,052						2,694
			Real estate - residential mortgage			130						122						116						278						37						368						143
			Consumer and home equity			545						1,161						676						555						1,023						2,382						2,643
			Real estate - construction			103						233						—						87						—						336						771
			Leases and other loans(2)			129						247						162						374						400						538						729
			Recoveries of loans previously charged off			2,022						2,705						2,354						2,233						2,181						7,081						7,896
Net loans charged off						(11,122)						(11,302)						(8,598)						(7,999)						(5,098)						(31,022)						(21,073)
Provision for credit losses(1)						12,281						10,005						13,082						8,664						10,395						35,368						44,446
Balance at end of period						$	375,961					$	375,941					$	297,888					$	293,404					$	292,739					$	375,961					$	292,739
Net charge-offs to average loans						0.18		%				0.19		%				0.16		%				0.15		%				0.10		%				0.18		%				0.13		%
Provision for credit losses related to OBS Credit Exposures
			Provision for credit losses(1)			$	(352)					$	(1,393)					$	(2,157)					$	1,144					$	(458)					$	(3,902)					$	(218)
NON-PERFORMING ASSETS:
			Non-accrual loans			$	175,861					$	145,630					$	129,628					$	121,620					$	113,022
			Loans 90 days past due and accruing			26,286						26,962						26,521						31,721						27,962
			Total non-performing loans			202,147						172,592						156,149						153,341						140,984
			Other real estate owned			2,844						1,444						277						896						2,549
			Total non-performing assets			$	204,991					$	174,036					$	156,426					$	154,237					$	143,533
NON-PERFORMING LOANS, BY TYPE:
			Commercial and industrial			$	64,450					$	58,433					$	44,118					$	41,020					$	33,365
			Real estate - commercial mortgage			71,505						48,615						47,891						46,527						44,058
			Real estate - residential mortgage			41,727						41,033						40,685						42,029						40,560
			Consumer and home equity			12,792						11,886						10,172						10,878						11,580
			Leases and other loans(2)			9,927						9,993						10,135						10,011						10,744
			Real estate - construction			1,746						2,632						3,148						2,876						677
			Total non-performing loans			$	202,147					$	172,592					$	156,149					$	153,341					$	140,984
(1) The sum of these amounts are reflected in the provision for credit losses in the Condensed Consolidated Statements of Income.
(2) Includes equipment lease financing, overdraft and net origination fees and costs.

14

FULTON FINANCIAL CORPORATION
RECONCILIATION OF NON-GAAP MEASURES (UNAUDITED)
(dollars in thousands, except per share and share data)
Explanatory note:			This press release contains supplemental financial information, as detailed below, that has been derived by methods other than GAAP. The Corporation has presented these non-GAAP financial measures because it believes that these measures provide useful and comparative information to assess trends in the Corporation's results of operations and financial condition. Presentation of these non-GAAP financial measures is consistent with how the Corporation evaluates its performance internally and these non-GAAP financial measures are frequently used by securities analysts, investors and other interested parties in the evaluation of companies in the Corporation's industry. Management believes that these non-GAAP financial measures, in addition to GAAP measures, are also useful to investors to evaluate the Corporation's results. Investors should recognize that the Corporation's presentation of these non-GAAP financial measures might not be comparable to similarly titled measures of other companies. These non-GAAP financial measures should not be considered a substitute for GAAP basis measures, and the Corporation strongly encourages a review of its condensed consolidated financial statements in their entirety. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measure follow:
																		Three months ended
																		Sep 30						Jun 30						Mar 31						Dec 31						Sep 30
																		2024						2024						2024						2023						2023
Operating net income available to common shareholders
Net income available to common shareholders																		$	60,644					$	92,413					$	59,379					$	61,701					$	69,535
Less: Non-PCD credit-related interest income from acquisition																		(815)						(571)						—						—						—
Less: Interest rate derivative transition valuation(1)																		138						(137)						(151)						(1,102)						2,958
Less: Loss (gain) on acquisition, net of tax																		7,706						(47,392)						—						—						—
Plus: Loss on securities restructuring																		—						20,282						—						—						—
Plus: Core deposit intangible amortization																		6,155						4,556						441						441						441
Plus: Acquisition-related expense																		14,195						13,803						—						—						—
Plus: CECL day 1 provision expense																		—						23,444						—						—						—
Less: Gain on sale-leaseback																		—						(20,266)						—						—						—
Plus: FDIC special assessment																		(16)						—						956						6,494						—
Plus: FultonFirst implementation and asset disposals																		9,385						6,323						6,329						3,197						—
Less: Tax impact of adjustments																		(6,099)						(9,961)						(1,591)						(1,896)						(714)
Operating net income available to common shareholders (numerator)																		$	91,293					$	82,494					$	65,363					$	68,835					$	72,220
Weighted average shares (diluted) (denominator)																		183,609						176,934						164,520						165,650						166,023
Operating net income available to common shareholders, per share (diluted)																		$	0.50					$	0.47					$	0.40					$	0.42					$	0.43
Common shareholders' equity (tangible), per share
Shareholders' equity																		$	3,203,943					$	3,101,609					$	2,757,679					$	2,760,139					$	2,566,693
Less: Preferred stock																		(192,878)						(192,878)						(192,878)						(192,878)						(192,878)
Less: Goodwill and intangible assets																		(641,739)						(648,026)						(560,114)						(560,687)						(561,284)
Tangible common shareholders' equity (numerator)																		$	2,369,326					$	2,260,705					$	2,004,687					$	2,006,574					$	1,812,531
Shares outstanding, end of period (denominator)																		181,957						181,831						162,087						163,801						164,084
Common shareholders' equity (tangible), per share																		$	13.02					$	12.43					$	12.37					$	12.25					$	11.05
(1) Resulting from the reference rate transition from LIBOR to SOFR in the Corporation's commercial customer interest rate swap program.
(2) Results are annualized.

15

																		Three months ended
																		Sep 30						Jun 30						Mar 31						Dec 31						Sep 30
																		2024						2024						2024						2023						2023
Operating return on average assets(2)
Net income																		$	63,206					$	94,975					$	61,941					$	64,263					$	72,097
Less: Non-PCD credit-related interest income from acquisition																		(815)						(571)						—						—						—
Less: Interest rate derivative transition valuation(1)																		138						(137)						(151)						(1,102)						2,958
Less: Loss (gain) on acquisition, net of tax																		7,706						(47,392)						—						—						—
Plus: Loss on securities restructuring																		—						20,282						—						—						—
Plus: Core deposit intangible amortization																		6,155						4,556						441						441						441
Plus: Acquisition-related expense																		14,195						13,803						—						—						—
Plus: CECL day 1 provision expense																		—						23,444						—						—						—
Less: Gain on sale-leaseback																		—						(20,266)						—						—						—
Plus: FDIC special assessment																		(16)						—						956						6,494						—
Plus: FultonFirst implementation and asset disposals																		9,385						6,323						6,329						3,197						—
Less: Tax impact of adjustments																		(6,099)						(9,961)						(1,591)						(1,896)						(714)
Operating net income (numerator)																		$	93,855					$	85,056					$	67,925					$	71,397					$	74,782
Total average assets																		$	31,895,235					$	30,774,891					$	27,427,626					$	27,397,671					$	27,377,836
Less: Average net core deposit intangible																		(89,350)						(68,234)						(4,666)						(5,106)						(5,548)
Total operating average assets (denominator)																		$	31,805,885					$	30,706,657					$	27,422,960					$	27,392,565					$	27,372,288
Operating return on average assets																		1.17%						1.11%						1.00%						1.03%						1.08%
Operating return on average common shareholders' equity (tangible)(2)
Net income available to common shareholders																		$	60,644					$	92,413					$	59,379					$	61,701					$	69,535
Less: Non-PCD credit-related interest income from acquisition																		(815)						(571)						—						—						—
Less: Interest rate derivative transition valuation(1)																		138						(137)						(151)						(1,102)						2,958
Less: Loss (gain) on acquisition, net of tax																		7,706						(47,392)						—						—						—
Plus: Loss on securities restructuring																		—						20,282						—						—						—
Plus: Intangible amortization																		6,287						4,688						573						597						601
Plus: Acquisition-related expense																		14,195						13,803						—						—						—
Plus: CECL day 1 provision expense																		—						23,444						—						—						—
Less: Gain on sale-leaseback																		—						(20,266)						—						—						—
Plus: FDIC special assessment																		(16)						—						956						6,494						—
Plus: FultonFirst implementation and asset disposals																		9,385						6,323						6,329						3,197						—
Less: Tax impact of adjustments																		(6,127)						(9,989)						(1,618)						(1,929)						(747)
Adjusted net income available to common shareholders (numerator)																		$	91,397					$	82,598					$	65,468					$	68,958					$	72,347
Average shareholders' equity																		$	3,160,322					$	2,952,671					$	2,766,945					$	2,618,024					$	2,645,977
Less: Average preferred stock																		(192,878)						(192,878)						(192,878)						(192,878)						(192,878)
Less: Average goodwill and intangible assets																		(644,814)						(624,471)						(560,393)						(560,977)						(561,578)
Average tangible common shareholders' equity (denominator)																		$	2,322,630					$	2,135,322					$	2,013,674					$	1,864,169					$	1,891,521
Operating return on average common shareholders' equity (tangible)																		15.65%						15.56%						13.08%						14.68%						15.17%
(1) Resulting from the reference rate transition from LIBOR to SOFR in the Corporation's commercial customer interest rate swap program.
(2) Results are annualized.

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																		Three months ended
																		Sep 30						Jun 30						Mar 31						Dec 31						Sep 30
																		2024						2024						2024						2023						2023
Tangible common equity to tangible assets (TCE Ratio)
Shareholders' equity																		$	3,203,943					$	3,101,609					$	2,757,679					$	2,760,139					$	2,566,693
Less: Preferred stock																		(192,878)						(192,878)						(192,878)						(192,878)						(192,878)
Less: Goodwill and intangible assets																		(641,739)						(648,026)						(560,114)						(560,687)						(561,284)
Tangible common shareholders' equity (numerator)																		$	2,369,326					$	2,260,705					$	2,004,687					$	2,006,574					$	1,812,531
Total assets																		$	32,185,726					$	31,769,813					$	27,642,957					$	27,571,915					$	27,375,177
Less: Goodwill and intangible assets																		(641,739)						(648,026)						(560,114)						(560,687)						(561,284)
Total tangible assets (denominator)																		$	31,543,987					$	31,121,787					$	27,082,843					$	27,011,228					$	26,813,893
Tangible common equity to tangible assets																		7.51%						7.26%						7.40%						7.43%						6.76%
Efficiency ratio
Non-interest expense																		$	226,089					$	199,488					$	177,600					$	180,552					$	171,020
Less: Acquisition-related expense																		(14,195)						(13,803)						—						—						—
Plus: Gain on sale-leaseback																		—						20,266						—						—						—
Less: FDIC special assessment																		16						—						(956)						(6,494)						—
Less: FultonFirst implementation and asset disposals																		(9,385)						(6,323)						(6,329)						(3,197)						—
Less: Intangible amortization																		(6,287)						(4,688)						(573)						(597)						(601)
Less: Debt extinguishment																		—						—						—						720						—
Operating non-interest expense (numerator)																		$	196,238					$	194,940					$	169,742					$	170,984					$	170,419
Net interest income																		$	258,009					$	241,720					$	206,937					$	212,006					$	213,842
Tax equivalent adjustment																		4,424						4,556						4,592						4,549						4,442
Plus: Total non-interest income																		59,673						92,994						57,140						59,378						55,961
Less: Interest rate derivative transition valuation(1)																		138						(137)						(151)						(1,102)						2,958
Less: Non-PCD credit-related interest income from acquisition																		(815)						(571)						—						—						—
Less: Loss (gain) on acquisition, net of tax																		7,706						(47,392)						—						—						—
Plus: Investment securities (gains) losses, net																		1						20,282						—						752						—
Total revenue (denominator)																		$	329,136					$	311,452					$	268,518					$	275,583					$	277,203
Efficiency ratio																		59.62%						62.59%						63.21%						62.04%						61.48%
Operating non-interest expense to total average assets
Non-interest expense																		$	226,089					$	199,488					$	177,600					$	180,552					$	171,020
Less: Intangible amortization																		(6,287)						(4,688)						(573)						(597)						(601)
Less: Acquisition-related expense																		(14,195)						(13,803)						—						—						—
Plus: Gain on sale-leaseback																		—						20,266						—						—						—
Less: FDIC special assessment																		16						—						(956)						(6,494)						—
Less: FultonFirst implementation and asset disposals																		(9,385)						(6,323)						(6,329)						(3,197)						—
Operating non-interest expense (numerator)																		$	196,238					$	194,940					$	169,742					$	170,264					$	170,419
Total average assets (denominator)																		$	31,895,235					$	30,774,891					$	27,427,626					$	27,397,671					$	27,377,836
Operating non-interest expenses to total average assets																		2.45%						2.55%						2.49%						2.47%						2.47%
(1) Resulting from the reference rate transition from LIBOR to SOFR in the Corporation's commercial customer interest rate swap program.
(2) Results are annualized.
Note: numbers in this report may not sum due to rounding.

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