8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): October 16, 2018

Fulton Financial Corporation

(Exact name of Registrant as specified in its Charter)

Pennsylvania	0-10587	23-2195389
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)
One Penn Square Lancaster, Pennsylvania		17604
(Address of principal executive offices)		(Zip Code)

Registrant's telephone number, including area code: 717-291-2411

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

£  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

£  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

£  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

£  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).

Emerging growth company £

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. £

Item 2.02 - Results of Operations and Financial Condition

On October 16, 2018, Fulton Financial Corporation (the "Corporation") issued a press release (the "Press Release") announcing its results of operations for the third quarter ended September 30, 2018. A copy of the Press Release and supplementary financial information which accompanied the Press Release, are attached as Exhibits 99.1 and 99.2, respectively, to this Current Report and are incorporated herein by reference. The Corporation also posted on its Investor Relations website, www.fult.com, presentation materials the Corporation intends to use during a conference call and webcast to discuss those results on Wednesday, October 17, 2018 at 10:00 a.m. Eastern Time. A copy of the presentation materials is attached as Exhibit 99.3 to this Current Report and is incorporated herein by reference.    

Forward-Looking Statements

This Current Report on Form 8-K, including the Exhibits hereto, 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. Statements relating to the "outlook" or "2018 Outlook" contained in Exhibit 99.3 to this Current Report are forward looking statements. These forward looking statements may include projections of, or guidance on, the Corporation’s future financial performance, expected levels of future expenses, 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, they 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, 2017 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2018 and June 30, 2018, which have been filed with the Securities and Exchange Commission and are available in the Investor Relations section of the Corporation's website (www.fult.com) and on the Securities and Exchange Commission's website (www.sec.gov).

Item 9.01 Financial Statements And Exhibits

(d)Exhibits.

Exhibit No.	Description
99.1	Press Release dated October 16, 2018.
99.2	Supplementary financial information for the quarter ended September 30, 2018.
99.3	Presentation materials to be discussed during the conference call and webcast on October 17, 2018.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: October 16, 2018	FULTON FINANCIAL CORPORATION
	By: /s/ Mark R. McCollom
	Mark R. McCollom
	Senior Executive Vice President and
	Chief Financial Officer

EX-99.1

Exhibit 99.1

FULTON FINANCIAL

CORPORATION

FOR IMMEDIATE RELEASE

Media Contact: Laura Wakeley (717) 291-2616

Investor Contact: Jason Weber (717) 327-2394

Fulton Financial reports third quarter net income of $65.6 million, or $0.37 per share

(October 16, 2018) - Lancaster, PA - Fulton Financial Corporation (NASDAQ:FULT) (“Fulton” or the “Corporation”) reported net income of $65.6 million, or $0.37 per diluted share, for the third quarter of 2018, and net income of $150.3 million, or $0.85 per diluted share, for the nine months ended September 30, 2018.

"Overall, we were pleased with our third quarter financial performance as earnings reached an all-time high,” said E. Philip Wenger, Chairman and CEO. “I’m proud of our team’s continued focus on our corporate objectives, which allowed us to drive shareholder value.”

Net income per diluted share increased 85.0% in comparison to the $0.20 reported for the second quarter of 2018 and 32.1% from the third quarter of 2017. Net income for the second quarter of 2018 included a credit loss arising from a single, large commercial lending relationship (“Commercial Relationship”). The provision for credit losses recorded in the second quarter of 2018 for this Commercial Relationship was $36.8 million, or $29.1 million, net of tax. This loss equated to approximately $0.16 per diluted share.

Balance Sheet

Total average assets for the third quarter of 2018 were $20.3 billion, an increase of $209.9 million from the second quarter of 2018. Average loans, net of unearned income, increased $93.8 million in comparison to the second quarter of 2018. Average loans and yields, by type, for the third quarter of 2018 in comparison to the second quarter of 2018 are summarized in the following table:

	Three Months Ended
	September 30, 2018				June 30, 2018				Increase (Decrease)
	Balance		Yield (1)		Balance		Yield (1)		$			%
	(dollars in thousands)
Average Loans, net of unearned income, by type:
Real estate - commercial mortgage	$	6,309,663	4.46	%	$	6,298,534	4.34	%	$	11,129		0.2	%
Commercial - industrial, financial, and agricultural	4,304,320		4.36	%	4,335,097		4.27	%	(30,777		)	(0.7	)%
Real estate - residential mortgage	2,142,977		3.96	%	2,026,161		3.89	%	116,816			5.8	%
Real estate - home equity	1,474,011		4.99	%	1,502,936		4.83	%	(28,925		)	(1.9	)%
Real estate - construction	969,575		4.58	%	978,327		4.40	%	(8,752		)	(0.9	)%
Consumer	375,656		4.50	%	345,572		4.43	%	30,084			8.7	%
Leasing	276,456		4.66	%	272,298		4.59	%	4,158			1.5	%
Other	9,485		N/A		9,452		N/A		33			0.3	%
Total Average Loans, net of unearned income	$	15,862,143	4.44	%	$	15,768,377	4.32	%	$	93,766		0.6	%
(1) Presented on a fully-taxable equivalent basis using a 21% Federal tax rate and statutory interest expense disallowances for the three months ended September 30, 2018 and June 30, 2018.

Average deposits increased $449.8 million in comparison to the second quarter of 2018. Average deposits and interest rates, by type, for the third quarter of 2018 in comparison to the second quarter of 2018 are summarized in the following table:

	Three Months Ended
	September 30, 2018				June 30, 2018				Growth
	Balance		Rate		Balance		Rate		$		%
	(dollars in thousands)
Average Deposits, by type:
Noninterest-bearing demand	$	4,298,020	—	%	$	4,281,574	—	%	$	16,446	0.4	%
Interest-bearing demand	4,116,051		0.61	%	3,952,115		0.50	%	163,936		4.1	%
Savings and money market deposits	4,718,148		0.64	%	4,538,083		0.49	%	180,065		4.0	%
Total average demand and savings	13,132,219		0.42	%	12,771,772		0.34	%	360,447		2.8	%
Brokered deposits	162,467		2.05	%	85,242		1.87	%	77,225		90.6	%
Time deposits	2,672,548		1.34	%	2,660,410		1.26	%	12,138		0.5	%
Total Average Deposits	$	15,967,234	0.59	%	$	15,517,424	0.50	%	$	449,810	2.9	%

Asset Quality

Non-performing assets were $130.8 million, or 0.64% of total assets, at September 30, 2018, compared to $134.9 million, or 0.67% of total assets, at June 30, 2018.

Annualized net charge-offs for the quarter ended September 30, 2018 were 0.08% of total average loans compared to 1.01% for the quarter ended June 30, 2018. The second quarter of 2018 net charge-offs included a $33.9 million charge-off, or 0.86% of total average loans on an annualized basis, related to the Commercial Relationship. The allowance for credit losses as a percentage of non-performing loans was 140% at September 30, 2018 compared to 137% for the quarter ended June 30, 2018.

During the third quarter of 2018, Fulton recorded a $1.6 million provision for credit losses, compared to $33.1 million in the second quarter of 2018.

Net Interest Income and Margin

Net interest income for the third quarter of 2018 was $160.1 million, an increase of $4.1 million, or 2.6%, from the second quarter of 2018. This increase was driven by the aforementioned growth in loans and deposits and a three basis point increase in the net interest margin, to 3.42%. The improvement in the net interest margin resulted from a nine basis point increase in the average yield on interest-earning assets outpacing a seven basis point increase in the average cost of funds.

Non-interest Income

Non-interest income in the third quarter of 2018, excluding investment securities gains, was $51.0 million, an increase of $1.9 million, or 3.9%, in comparison to the second quarter of 2018. For the third quarter of 2018, other service charges and fees increased $1.8 million, or 12.9%, due primarily to higher commercial loan interest rate swap fees and debit card income.

Non-interest Expense

Non-interest expense was $135.4 million in the third quarter of 2018, an increase of $2.1 million, or 1.6%, compared to the second quarter of 2018. This increase was primarily due to a $1.9 million increase in salaries and employee benefits resulting from higher incentive compensation and health insurance costs, a $1.6 million increase in other outside services related to charter consolidation activities and a $1.1 million increase in professional fees. These increases were partially offset by a $0.4 million decrease in equipment expense and a $2.0 million decrease in other expenses, as a result of lower other real estate owned and operating risk loss expense.

Income Tax Expense

The effective income tax rate for the third quarter of 2018 was 11.5%, as compared to 9.0% for the second quarter of 2018. The increase in the effective income tax rate resulted from higher income before income taxes.

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

Safe Harbor Statement

This news 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, 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, they 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 related 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, 2017 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2018 and June 30, 2018, which have been filed with the Securities and Exchange Commission and are available in the Investor Relations section of the Corporation's website (www.fult.com) and on the Securities and Exchange Commission's website (www.sec.gov).

Non-GAAP Financial Measures

The Corporation uses certain non-GAAP financial measures in this earnings release. These non-GAAP financial measures are reconciled to the most comparable GAAP measures in tables at the end of this release.

EX-99.2

FULTON FINANCIAL CORPORATION
SUMMARY CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)
dollars in thousands, except per-share data and percentages
	Three Months Ended
	Sep 30			Jun 30			Mar 31			Dec 31			Sep 30
	2018			2018			2018			2017			2017
Ending Balances
Investments	$	2,635,413		$	2,593,283		$	2,592,823		$	2,547,956		$	2,561,516
Loans, net of unearned income	15,925,093			15,792,969			15,696,284			15,768,247			15,486,899
Total assets	20,364,810			20,172,539			19,948,941			20,036,905			20,062,860
Deposits	16,249,014			15,599,799			15,477,103			15,797,532			16,141,780
Shareholders' equity	2,283,014			2,245,785			2,235,493			2,229,857			2,225,786
Average Balances
Investments	$	2,596,414		$	2,601,705		$	2,556,986		$	2,566,337		$	2,523,758
Loans, net of unearned income	15,862,143			15,768,377			15,661,032			15,560,185			15,392,067
Total assets	20,273,232			20,063,375			19,876,093			20,072,579			19,872,726
Deposits	15,967,234			15,517,424			15,420,312			16,056,789			15,875,469
Shareholders' equity	2,269,093			2,246,904			2,224,615			2,237,031			2,215,389
Income Statement
Net interest income	$	160,127		$	156,067		$	151,318		$	149,413		$	146,809
Provision for credit losses	1,620			33,117			3,970			6,730			5,075
Non-interest income	51,033			49,094			45,875			56,956			51,974
Non-interest expense	135,413			133,345			136,661			138,452			132,157
Income before taxes	74,127			38,699			56,562			61,187			61,551
Net income	65,633			35,197			49,480			34,001			48,905
Pre-provision net revenue(1)	77,370			73,449			62,150			69,361			65,532
Per Share
Net income (basic)	$	0.37		$	0.20		$	0.28		$	0.19		$	0.28
Net income (diluted)	0.37			0.20			0.28			0.19			0.28
Cash dividends	0.12			0.12			0.12			0.14			0.11
Tangible common equity(1)	9.95			9.75			9.71			9.70			9.68
Weighted average shares (basic)	175,942			175,764			175,303			175,132			174,991
Weighted average shares (diluted)	177,128			176,844			176,568			176,374			176,216
Asset Quality
Net charge-offs to average loans (annualized)	0.08%			1.01%			0.10%			0.14		%	0.14		%
Non-performing loans to total loans	0.75%			0.78%			0.86%			0.85		%	0.88		%
Non-performing assets to total assets	0.64%			0.67%			0.73%			0.72		%	0.73		%
Allowance for credit losses to loans outstanding	1.05%			1.07%			1.12%			1.12		%	1.13		%
Allowance for loan losses to loans outstanding	0.99		%	0.99		%	1.04		%	1.08		%	1.11		%
Allowance for credit losses to non-performing loans	139.74%			136.77%			130.73%			130.67		%	128.05		%
Allowance for loan losses to non-performing loans	131.40%			126.11%			121.22%			126.08		%	126.22		%
Non-performing assets to tangible shareholders' equity      and allowance for credit losses(1)	6.81%			7.16%			7.73%			7.71		%	7.87		%
Total delinquency rate	1.15%			1.18%			1.19%			1.24		%	1.28		%

Profitability
Return on average assets	1.28	%	0.70	%	1.01	%	0.67		%	0.98	%
Return on average shareholders' equity	11.48%		6.28%		9.02%		6.03		%	8.76	%
Return on average shareholders' equity (tangible)(1)	14.99%		8.23%		11.85%		7.91		%	11.52	%
Net interest margin	3.42	%	3.39	%	3.35	%	3.29		%	3.27	%
Efficiency ratio(1)	62.5	%	63.3	%	67.5	%	64.2		%	64.3	%
Capital Ratios
Tangible common equity ratio(1)	8.83	%	8.73	%	8.78	%	8.71		%	8.67	%
Tier 1 leverage ratio(2)	9.30%		9.20%		9.20%		8.93		%	8.97	%
Common equity Tier 1 capital ratio(2)	10.70	%	10.60	%	10.70	%	10.38		%	10.42	%
Tier 1 capital ratio(2)	10.70	%	10.60	%	10.70%		10.38		%	10.42	%
Total risk-based capital ratio(2)	13.25	%	13.20	%	13.30%		13.02		%	13.09	%
Financial information, as adjusted(3)
Net income							$	49,635
Net income per share, diluted							$	0.28
Return on average assets							0.98		%
Return on average shareholders' equity							8.80		%
Return on average shareholders' equity (tangible)							11.55		%
(1) Please refer to the calculation on the page titled “Reconciliation of Non-GAAP Measures” at the end of this document.
(2) Regulatory capital ratios as of September 30, 2018 are preliminary and remaining periods are actual.
(3)Excluding the re-measurement of net deferred tax assets of $15.6 million, which is considered a Non-GAAP based financial measure. Please refer to the calculation and management’s reasons for using this measure on the page titled “Reconciliation of Non-GAAP Measures" at the end of this document.

Exhibit 99.2
FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED ENDING BALANCE SHEETS (UNAUDITED)
dollars in thousands
																	% Change from
		Sep 30			Jun 30			Mar 31			Dec 31			Sep 30			Jun 30		Sep 30
		2018			2018			2018			2017			2017			2018		2017
ASSETS
	Cash and due from banks	$	90,361		$	99,742		$	100,151		$	108,291		$	99,803		(9.4	)%	(9.5	)%
	Other interest-earning assets	388,256			364,802			267,806			354,566			645,796			6.4	%	(39.9	)%
	Loans held for sale	27,525			35,898			23,450			31,530			23,049			(23.3	)%	19.4	%
	Investment securities	2,635,413			2,593,283			2,592,823			2,547,956			2,561,516			1.6	%	2.9	%
	Loans, net of unearned income	15,925,093			15,792,969			15,696,284			15,768,247			15,486,899			0.8	%	2.8	%
	Allowance for loan losses	(157,810		)	(156,050		)	(163,217		)	(169,910		)	(172,245		)	1.1	%	(8.4	)%
	Net loans	15,767,283			15,636,919			15,533,067			15,598,337			15,314,654			0.8	%	3.0	%
	Premises and equipment	231,236			230,195			230,313			222,802			221,551			0.5	%	4.4	%
	Accrued interest receivable	58,584			55,208			53,060			52,910			50,082			6.1	%	17.0	%
	Goodwill and intangible assets	531,556			531,556			531,556			531,556			531,556			—	%	—	%
	Other assets	634,596			624,936			616,715			588,957			614,853			1.5	%	3.2	%
	Total Assets	$	20,364,810		$	20,172,539		$	19,948,941		$	20,036,905		$	20,062,860		1.0	%	1.5	%
LIABILITIES AND SHAREHOLDERS' EQUITY
	Deposits	$	16,249,014		$	15,599,799		$	15,477,103		$	15,797,532		$	16,141,780		4.2	%	0.7	%
	Short-term borrowings	485,565			983,833			937,852			617,524			298,751			(50.6	)%	62.5	%
	Other liabilities	355,102			351,174			359,994			353,646			358,384			1.1	%	(0.9	)%
	FHLB advances and long-term debt	992,115			991,948			938,499			1,038,346			1,038,159			—	%	(4.4	)%
	Total Liabilities	18,081,796			17,926,754			17,713,448			17,807,048			17,837,074			0.9	%	1.4	%
	Shareholders' equity	2,283,014			2,245,785			2,235,493			2,229,857			2,225,786			1.7	%	2.6	%
	Total Liabilities and Shareholders' Equity	$	20,364,810		$	20,172,539		$	19,948,941		$	20,036,905		$	20,062,860		1.0	%	1.5	%
LOANS, DEPOSITS AND SHORT-TERM BORROWINGS DETAIL:
Loans, by type:
	Real estate - commercial mortgage	$	6,337,984		$	6,304,475		$	6,332,508		$	6,364,804		$	6,275,140		0.5	%	1.0	%
	Commercial - industrial, financial and agricultural	4,288,823			4,264,602			4,299,072			4,300,297			4,223,075			0.6	%	1.6	%
	Real estate - residential mortgage	2,173,548			2,094,530			1,976,524			1,954,711			1,887,907			3.8	%	15.1	%
	Real estate - home equity	1,469,152			1,491,395			1,514,241			1,559,719			1,567,473			(1.5	)%	(6.3	)%
	Real estate - construction	979,857			990,705			976,131			1,006,935			973,108			(1.1	)%	0.7	%
	Consumer	390,708			360,315			326,766			313,783			302,448			8.4	%	29.2	%
	Leasing and other	285,021			286,947			271,042			267,998			257,748			(0.7	)%	10.6	%
	Total Loans, net of unearned income	$	15,925,093		$	15,792,969		$	15,696,284		$	15,768,247		$	15,486,899		0.8	%	2.8	%
Deposits, by type:
	Noninterest-bearing demand	$	4,216,064		$	4,324,659		$	4,291,821		$	4,437,294		$	4,363,915		(2.5	)%	(3.4	)%
	Interest-bearing demand	4,289,181			3,854,680			3,984,423			4,018,107			4,119,419			11.3	%	4.1	%
	Savings and money market accounts	4,878,982			4,597,510			4,487,277			4,586,746			4,790,985			6.1	%	1.8	%
	Total demand and savings	13,384,227			12,776,849			12,763,521			13,042,147			13,274,319			4.8	%	0.8	%
	Brokered deposits	164,601			161,447			64,195			90,473			109,936			2.0	%	49.7	%
	Time deposits	2,700,186			2,661,503			2,649,387			2,664,912			2,757,525			1.5	%	(2.1	)%
	Total Deposits	$	16,249,014		$	15,599,799		$	15,477,103		$	15,797,532		$	16,141,780		4.2	%	0.7	%
Short-term borrowings, by type:
	Customer repurchase agreements	$	82,741		$	152,594		$	165,186		$	172,017		$	185,945		(45.8	)%	(55.5	)%
	Customer short-term promissory notes	267,824			303,239			342,666			225,507			106,994			(11.7	)%	150.3	%
	Short-term FHLB advances	85,000			185,000			35,000			—			—			(54.1	)%	N/M
	Federal funds purchased	50,000			343,000			395,000			220,000			5,812			(85.4	)%	N/M
	Total Short-term Borrowings	$	485,565		$	983,833		$	937,852		$	617,524		$	298,751		(50.6	)%	62.5	%
N/M - Not meaningful

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
dollars in thousands
		Three Months Ended										% Change from				Nine Months Ended
		Sep 30		Jun 30		Mar 31		Dec 31		Sep 30		Jun 30		Sep 30		Sep 30
		2018		2018		2018		2017		2017		2018		2017		2018		2017		% Change
Interest Income:
	Interest income	$	194,048	$	186,170	$	177,687	$	174,987	$	171,511	4.2	%	13.1	%	$	557,905	$	493,879	13.0	%
	Interest expense	33,921		30,103		26,369		25,574		24,702		12.7	%	37.3	%	90,393		67,928		33.1	%
	Net Interest Income	160,127		156,067		151,318		149,413		146,809		2.6	%	9.1	%	467,512		425,951		9.8	%
	Provision for credit losses	1,620		33,117		3,970		6,730		5,075		(95.1	)%	(68.1	)%	38,707		16,575		133.5	%
	Net Interest Income after Provision	158,507		122,950		147,348		142,683		141,734		28.9	%	11.8	%	428,805		409,376		4.7	%
Non-Interest Income:
Other service charges and fees:
	Merchant fees	5,006		4,920		4,115		4,308		4,398		1.7	%	13.8	%	14,041		12,536		12.0	%
	Commercial loan interest rate swap fees	3,607		2,393		1,291		2,914		1,954		50.7	%	84.6	%	7,291		8,780		(17.0	)%
	Debit card income	3,604		3,077		2,817		3,526		2,830		17.1	%	27.3	%	9,498		8,379		13.4	%
	Letter of credit fees	983		956		992		1,037		1,056		2.8	%	(6.9	)%	2,931		3,366		(12.9	)%
	Foreign exchange income	542		591		533		510		470		(8.3	)%	15.3	%	1,666		1,249		33.4	%
	Other	1,691		1,728		1,671		1,534		1,543		(2.1	)%	9.6	%	5,090		4,720		7.8	%
	Total	15,433		13,665		11,419		13,829		12,251		12.9	%	26.0	%	40,517		39,030		3.8	%
Service charges on deposit accounts:
	Overdraft fees	5,167		5,092		5,145		5,609		5,844		1.5	%	(11.6	)%	15,404		16,960		(9.2	)%
	Cash management fees	4,472		4,452		4,317		3,669		3,624		0.4	%	23.4	%	13,241		10,775		22.9	%
	Other	2,620		2,726		2,500		3,392		3,554		(3.9	)%	(26.3	)%	7,846		10,601		(26.0	)%
	Total	12,259		12,270		11,962		12,670		13,022		(0.1	)%	(5.9	)%	36,491		38,336		(4.8	)%
	Investment management and trust services	13,066		12,803		12,871		13,152		12,157		2.1	%	7.5	%	38,740		36,097		7.3	%
	Mortgage banking income	4,896		5,163		4,193		4,386		4,805		(5.2	)%	1.9	%	14,252		15,542		(8.3	)%
	Other:
	Credit card income	3,080		2,866		2,816		2,778		2,829		7.5	%	8.9	%	8,762		8,143		7.6	%
	Small business administration lending income	530		846		357		1,355		565		(37.4	)%	(6.2	)%	1,733		2,156		(19.6	)%
	Other income	1,755		1,477		2,238		6,854		1,748		18.8	%	0.4	%	5,470		4,575		19.6	%
	Total	5,365		5,189		5,411		10,987		5,142		3.4	%	4.3	%	15,965		14,874		7.3	%
	Non-Interest Income before Investment Securities Gains	51,019		49,090		45,856		55,024		47,377		3.9	%	7.7	%	145,965		143,879		1.4	%
	Investment securities gains	14		4		19		1,932		4,597		N/M		(99.7	)%	37		7,139		(99.5	)%
	Total Non-Interest Income	51,033		49,094		45,875		56,956		51,974		3.9	%	(1.8	)%	146,002		151,018		(3.3	)%
Non-Interest Expense:
	Salaries and employee benefits	76,770		74,919		75,768		73,504		72,894		2.5	%	5.3	%	227,457		216,626		5.0	%
	Net occupancy expense	12,578		12,760		13,632		12,549		12,180		(1.4	)%	3.3	%	38,970		37,159		4.9	%
	Data processing and software	10,157		10,453		10,473		10,401		10,301		(2.8	)%	(1.4	)%	31,083		28,334		9.7	%
	Other outside services	9,122		7,568		8,124		7,665		6,582		20.5	%	38.6	%	24,814		19,836		25.1	%
	Professional fees	3,427		2,372		4,816		3,632		3,388		44.5	%	1.2	%	10,615		9,056		17.2	%
	Equipment expense	3,000		3,434		3,534		3,244		3,298		(12.6	)%	(9.0	)%	9,968		9,691		2.9	%
	FDIC insurance expense	2,814		2,663		2,953		3,618		3,007		5.7	%	(6.4	)%	8,430		7,431		13.4	%
	Marketing	2,692		2,335		2,250		1,725		2,089		15.3	%	28.9	%	7,277		6,309		15.3	%
	Amortization of tax credit investments	1,637		1,637		1,637		3,376		3,503		—	%	(53.3	)%	4,911		7,652		(35.8	)%
	Other	13,216		15,204		13,474		18,738		14,915		(13.1	)%	(11.4	)%	41,894		45,033		(7.0	)%
	Total Non-Interest Expense	135,413		133,345		136,661		138,452		132,157		1.6	%	2.5	%	405,419		387,127		4.7	%
	Income Before Income Taxes	74,127		38,699		56,562		61,187		61,551		91.5	%	20.4	%	169,388		173,267		(2.2	)%
	Income tax expense	8,494		3,502		7,082		27,186		12,646		142.5	%	(32.8	)%	19,078		35,515		(46.3	)%
	Net Income	$	65,633	$	35,197	$	49,480	$	34,001	$	48,905	86.5	%	34.2	%	$	150,310	$	137,752	9.1	%
PER SHARE:
	Net income:
	Basic	$	0.37	$	0.20	$	0.28	$	0.19	$	0.28	85.0	%	32.1	%	$	0.86	$	0.79	8.9	%
	Diluted	0.37		0.20		0.28		0.19		0.28		85.0	%	32.1	%	0.85		0.78		9.0	%
	Weighted average shares (basic)	175,942		175,764		175,303		175,132		174,991		0.1	%	0.5	%	175,672		174,582		0.6	%
	Weighted average shares (diluted)	177,128		176,844		176,568		176,374		176,216		0.2	%	0.5	%	176,848		175,776		0.6	%
N/M - not meaningful

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)
dollars in thousands
		Three Months Ended
		September 30, 2018								June 30, 2018								September 30, 2017
		Average						Yield/		Average						Yield/		Average						Yield/
		Balance			Interest (1)			Rate		Balance			Interest (1)			Rate		Balance			Interest (1)			Rate
ASSETS
Interest-earning assets:
	Loans, net of unearned income	$	15,862,143		$	177,329		4.44%		$	15,768,377		$	170,006		4.32%		$	15,392,067		$	159,454		4.12%
	Taxable investment securities	2,239,837			13,956			2.49%		2,262,789			13,885			2.45%		2,115,931			11,423			2.16%
	Tax-exempt investment securities	415,908			3,841			3.67%		408,715			3,713			3.61%		408,594			4,492			4.37%
	Equity securities	—			—			—%		—			—			—%		8,709			143			6.52%
	Total Investment Securities	2,655,745			17,797			2.68%		2,671,504			17,598			2.63%		2,533,234			16,058			2.53%
	Loans held for sale	27,195			388			5.71%		22,237			284			5.11%		22,456			243			4.33%
	Other interest-earning assets	416,129			1,601			1.53%		316,381			1,243			1.57%		590,676			1,667			1.12%
	Total Interest-earning Assets	18,961,212			197,115			4.13%		18,778,499			189,131			4.04%		18,538,433			177,422			3.80%
Noninterest-earning assets:
	Cash and due from banks	100,568								100,811								101,643
	Premises and equipment	231,280								232,048								220,129
	Other assets	1,137,293								1,112,913								1,186,622
	Less: allowance for loan losses	(157,121		)						(160,896		)						(174,101		)
	Total Assets	$	20,273,232							$	20,063,375							$	19,872,726
LIABILITIES AND SHAREHOLDERS' EQUITY
Interest-bearing liabilities:
	Demand deposits	$	4,116,051		$	6,378		0.61%		$	3,952,115		$	4,959		0.50%		$	3,943,118		$	3,847		0.39%
	Savings deposits	4,718,148			7,569			0.64%		4,538,083			5,545			0.49%		4,603,155			3,962			0.34%
	Brokered deposits	162,467			840			2.05%		85,242			396			1.87%		89,767			277			1.23%
	Time deposits	2,672,548			9,032			1.34%		2,660,410			8,385			1.26%		2,744,532			7,937			1.15%
	Total Interest-bearing Deposits	11,669,214			23,819			0.81%		11,235,850			19,285			0.69%		11,380,572			16,023			0.56%
	Short-term borrowings	724,132			2,002			1.09%		1,023,160			3,036			1.18%		402,341			578			0.57%
	FHLB advances and long-term debt	988,748			8,100			3.26%		945,177			7,783			3.30%		1,038,062			8,100			3.11%
	Total Interest-bearing Liabilities	13,382,094			33,921			1.01%		13,204,187			30,104			0.91%		12,820,975			24,701			0.77%
Noninterest-bearing liabilities:
	Demand deposits	4,298,020								4,281,574								4,494,897
	Other	324,025								330,710								341,465
	Total Liabilities	18,004,139								17,816,471								17,657,337
	Shareholders' equity	2,269,093								2,246,904								2,215,389
	Total Liabilities and Shareholders' Equity	$	20,273,232							$	20,063,375							$	19,872,726
	Net interest income/net interest margin (fully taxable equivalent)				163,194			3.42%					159,027			3.39%					152,721			3.27%
	Tax equivalent adjustment				(3,067		)						(2,960		)						(5,912		)
	Net interest income				$	160,127							$	156,067							$	146,809
	(1) Three months ended September 30, 2018 and June 30, 2018 are presented on a fully taxable-equivalent basis using a 21% Federal tax rate and statutory interest expense disallowances. Prior periods are presented on a fully taxable-equivalent basis using a 35% Federal tax rate and statutory interest expense disallowances.
	Note: The weighted average interest rate on total average interest-bearing liabilities and average non-interest bearing demand deposits (“cost of funds”) was 0.76%, 0.69% and 0.57% for the three months ended September 30, 2018, June 30, 2018 and September 30, 2017, respectively.
AVERAGE LOANS, DEPOSITS AND SHORT-TERM BORROWINGS DETAIL:
		Three Months Ended														% Change from
		Sep 30			Jun 30			Mar 31		Dec 31			Sep 30			Jun 30		Sep 30
		2018			2018			2018		2017			2017			2018		2017
Loans, by type:
	Real estate - commercial mortgage	$	6,309,663		$	6,298,534		$	6,305,821	$	6,232,674		$	6,208,630		0.2	%	1.6		%
	Commercial - industrial, financial and agricultural	4,304,320			4,335,097			4,288,634		4,263,199			4,257,075			(0.7	)%	1.1		%
	Real estate - residential mortgage	2,142,977			2,026,161			1,958,505		1,926,067			1,841,559			5.8	%	16.4		%
	Real estate - home equity	1,474,011			1,502,936			1,538,974		1,560,713			1,569,898			(1.9	)%	(6.1		)%
	Real estate - construction	969,575			978,327			984,242		1,004,166			943,029			(0.9	)%	2.8		%
	Consumer	375,656			345,572			315,927		312,320			318,546			8.7	%	17.9		%
	Leasing and other	285,941			281,750			268,930		261,046			253,330			1.5	%	12.9		%
	Total Loans, net of unearned income	$	15,862,143		$	15,768,377		$	15,661,033	$	15,560,185		$	15,392,067		0.6	%	3.1		%
Deposits, by type:
	Noninterest-bearing demand	$	4,298,020		$	4,281,574		$	4,246,168	$	4,454,456		$	4,494,897		0.4	%	(4.4		)%
	Interest-bearing demand	4,116,051			3,952,115			3,958,894		4,037,879			3,943,118			4.1	%	4.4		%
	Savings and money market accounts	4,718,148			4,538,083			4,494,445		4,752,337			4,603,155			4.0	%	2.5		%
	Total demand and savings	13,132,219			12,771,772			12,699,507		13,244,672			13,041,170			2.8	%	0.7		%
	Brokered deposits	162,467			85,242			74,026		105,135			89,767			90.6	%	81.0		%
	Time deposits	2,672,548			2,660,410			2,646,779		2,706,982			2,744,532			0.5	%	(2.6		)%
	Total Deposits	$	15,967,234		$	15,517,424		$	15,420,312	$	16,056,789		$	15,875,469		2.9	%	0.6		%
Short-term borrowings, by type:
	Customer repurchase agreements	$	148,660		$	162,276		$	175,292	$	179,948		$	176,415		(8.4	)%	(15.7		)%
	Customer short-term promissory notes	298,896			316,049			308,725		195,951			80,147			(5.4	)%	N/M
	Federal funds purchased	145,793			398,297			379,822		15,374			90,453			(63.4	)%	61.2		%
	Short-term FHLB advances and other borrowings	130,783			146,538			33,000		11			55,326			(10.8	)%	136.4		%
	Total Short-term Borrowings	$	724,132		$	1,023,160		$	896,839	$	391,284		$	402,341		(29.2	)%	80.0		%
N/M - Not meaningful

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)
dollars in thousands
		Nine Months Ended September 30
		2018								2017
		Average								Average
		Balance			Interest (1)			Yield/Rate		Balance			Interest (1)			Yield/Rate
ASSETS
Interest-earning assets:
	Loans, net of unearned income	$	15,764,587		$	509,596		4.32	%	$	15,127,569		$	458,753		4.05	%
	Taxable investment securities	2,233,972			41,034			2.45	%	2,117,127			34,811			2.19	%
	Tax-exempt investment securities	412,496			11,307			3.64	%	405,728			13,268			4.34	%
	Equity securities	167			5			13.01	%	10,391			467			6.01	%
	Total Investment Securities	2,646,635			52,346			2.63	%	2,533,246			48,546			2.55	%
	Loans held for sale	23,175			888			5.11	%	19,378			631			4.34	%
	Other interest-earning assets	345,512			4,016			1.55	%	410,250			3,311			1.08	%
	Total Interest-earning Assets	$	18,779,909		566,846			4.03	%	$	18,090,443		511,241			3.78	%
Noninterest-earning assets:
	Cash and due from banks	102,352								107,029
	Premises and equipment	231,195								218,700
	Other assets	1,121,267								1,170,466
	Less: allowance for loan losses	(162,368		)						(172,145		)
	Total Assets	$	20,072,355							$	19,414,493
LIABILITIES AND SHAREHOLDERS' EQUITY
Interest-bearing liabilities:
	Demand deposits	$	4,009,596		$	15,341		0.51	%	$	3,762,439		$	8,865		0.32	%
	Savings deposits	4,584,377			17,481			0.51	%	4,372,453			8,883			0.27	%
	Brokered deposits	107,569			1,511			1.88	%	30,251			277			1.23	%
	Time deposits	2,660,008			25,220			1.27	%	2,726,693			22,684			1.11	%
	Total Interest-bearing Deposits	11,361,550			59,553			0.70	%	10,891,836			40,709			0.50	%
	Short-term borrowings	880,745			7,079			1.07	%	581,511			2,407			0.55	%
	FHLB advances and long-term debt	973,751			23,761			3.26	%	1,033,159			24,812			3.21	%
	Total Interest-bearing Liabilities	13,216,046			90,393			0.91	%	12,506,506			67,928			0.73	%
Noninterest-bearing liabilities:
	Demand deposits	4,275,443								4,395,421
	Other	333,832								333,250
	Total Liabilities	17,825,321								17,235,177
	Shareholders' equity	2,247,034								2,179,316
	Total Liabilities and Shareholders' Equity	$	20,072,355							$	19,414,493
	Net interest income/net interest margin (fully taxable equivalent)				476,453			3.39	%				443,313			3.27	%
	Tax equivalent adjustment				(8,941		)						(17,362		)
	Net interest income				$	467,512							$	425,951
(1) Nine months ended September 30, 2018 is presented on a fully taxable-equivalent basis using a 21% Federal tax rate and statutory interest expense disallowances. Prior periods are presented on a fully taxable-equivalent basis using a 35% Federal tax rate and statutory interest expense disallowances.
Note: The weighted average interest rate on total average interest-bearing liabilities and average non-interest bearing demand deposits (“cost of funds”) was 0.69% and 0.54% for the nine months ended September 30, 2018 and 2017, respectively.
		Nine Months Ended
		September 30
		2018			2017			% Change
Loans, by type:
	Real estate - commercial mortgage	$	6,304,687		$	6,137,824		2.7	%
	Commercial - industrial, financial and agricultural	4,309,408			4,227,918			1.9	%
	Real estate - residential mortgage	2,043,223			1,729,799			18.1	%
	Real estate - home equity	1,505,069			1,590,117			(5.3	)%
	Real estate - construction	977,327			894,146			9.3	%
	Consumer	345,937			301,414			14.8	%
	Leasing and other	278,936			246,351			13.2	%
	Total Loans, net of unearned income	$	15,764,587		$	15,127,569		4.2	%
Deposits, by type:
	Noninterest-bearing demand	$	4,275,443		$	4,395,421		(2.7	)%
	Interest-bearing demand	4,009,596			3,762,439			6.6	%
	Savings and money market accounts	4,584,377			4,372,453			4.8	%
	Total demand and savings	12,869,416			12,530,313			2.7	%
	Brokered deposits	107,569			30,251			N/M
	Time deposits	2,660,008			2,726,693			(2.4	)%
	Total Deposits	$	15,636,993		$	15,287,257		2.3	%
Short-term borrowings, by type:
	Customer repurchase agreements	$	162,345		$	192,015		(15.5	)%
	Customer short-term promissory notes	307,854			78,955			N/M
	Federal funds purchased	307,114			212,885			44.3	%
	Short-term FHLB advances and other borrowings	103,432			97,656			5.9	%
	Total Short-term Borrowings	$	880,745		$	581,511		51.5	%
N/M - Not meaningful

FULTON FINANCIAL CORPORATION
ASSET QUALITY INFORMATION (UNAUDITED)
dollars in thousands
		Three Months Ended															Nine Months Ended
		Sep 30			Jun 30			Mar 31			Dec 31			Sep 30			Sep 30			Sep 30
		2018			2018			2018			2017			2017			2018			2017
ALLOWANCE FOR CREDIT LOSSES:
Balance at beginning of period		$	169,247		$	176,019		$	176,084		$	174,749		$	174,998		$	176,084		$	171,325
	Loans charged off:
	Commercial - industrial, financial and agricultural	(3,541		)	(38,632		)	(4,005		)	(5,473		)	(2,714		)	(46,178		)	(13,594		)
	Consumer and home equity	(1,415		)	(1,528		)	(1,300		)	(1,071		)	(920		)	(4,243		)	(3,496		)
	Real estate - commercial mortgage	(650		)	(366		)	(267		)	(220		)	(483		)	(1,283		)	(1,949		)
	Real estate - residential mortgage	(483		)	(483		)	(162		)	(152		)	(195		)	(1,128		)	(535		)
	Real estate - construction	(212		)	(606		)	(158		)	—			(2,744		)	(976		)	(3,765		)
	Leasing and other	(582		)	(545		)	(505		)	(457		)	(739		)	(1,632		)	(2,578		)
	Total loans charged off	(6,883		)	(42,160		)	(6,397		)	(7,373		)	(7,795		)	(55,440		)	(25,917		)
Recoveries of loans previously charged off:
	Commercial - industrial, financial and agricultural	731			541			1,075			941			665			2,347			6,830
	Consumer and home equity	607			717			385			466			445			1,709			1,503
	Real estate - commercial mortgage	928			321			279			178			106			1,528			1,490
	Real estate - residential mortgage	317			96			107			186			219			520			600
	Real estate - construction	664			444			306			32			629			1,414			1,550
	Leasing and other	595			152			210			175			407			957			793
	Recoveries of loans previously charged off	3,842			2,271			2,362			1,978			2,471			8,475			12,766
Net loans recovered charged off		(3,041		)	(39,889		)	(4,035		)	(5,395		)	(5,324		)	(46,965		)	(13,151		)
Provision for credit losses		1,620			33,117			3,970			6,730			5,075			38,707			16,575
Balance at end of period		$	167,826		$	169,247		$	176,019		$	176,084		$	174,749		$	167,826		$	174,749
Net charge-offs to average loans (annualized)		0.08		%	1.01		%	0.10		%	0.14		%	0.14		%	0.40		%	0.12		%
NON-PERFORMING ASSETS:
	Non-accrual loans	$	106,433		$	111,116		$	122,966		$	124,749		$	123,345
	Loans 90 days past due and accruing	13,663			12,628			11,676			10,010			13,124
	Total non-performing loans	120,096			123,744			134,642			134,759			136,469
	Other real estate owned	10,684			11,181			10,744			9,823			10,542
	Total non-performing assets	$	130,780		$	134,925		$	145,386		$	144,582		$	147,011
NON-PERFORMING LOANS, BY TYPE:
	Commercial - industrial, financial and agricultural	$	43,391		$	44,045		$	54,915		$	54,309		$	54,209
	Real estate - commercial mortgage	37,393			39,278			36,183			35,446			34,650
	Real estate - residential mortgage	19,076			18,888			20,169			20,972			21,643
	Consumer and home equity	10,362			12,038			12,272			11,803			12,472
	Real estate - construction	9,784			9,319			10,931			12,197			13,415
	Leasing	90			176			172			32			80
	Total non-performing loans	$	120,096		$	123,744		$	134,642		$	134,759		$	136,469
TROUBLED DEBT RESTRUCTURINGS (TDRs), BY TYPE:
	Real-estate - residential mortgage	$	24,810		$	25,055		$	25,602		$	26,016		$	26,193
	Consumer and home equity	16,216			16,212			16,091			15,584			14,822
	Real-estate - commercial mortgage	15,690			16,420			18,181			13,959			14,439
	Commercial - industrial, financial and agricultural	10,342			11,199			11,740			10,820			7,512
	Real estate - construction	—			—			—			—			169
	Total accruing TDRs	$	67,058		$	68,886		$	71,614		$	66,379		$	63,135
	Non-accrual TDRs (1)	23,238			24,743			24,897			29,051			28,742
	Total TDRs	$	90,296		$	93,629		$	96,511		$	95,430		$	91,877
(1) Included within non-accrual loans above.

DELINQUENCY RATES, BY TYPE:		Total Delinquency %
		Sep 30		Jun 30		Mar 31		Dec 31		Sep 30
		2018		2018		2018		2017		2017
	Real estate - commercial mortgage	0.81	%	0.77	%	0.77	%	0.77	%	0.75	%
	Commercial - industrial, financial and agricultural	1.21	%	1.44	%	1.48	%	1.50	%	1.54	%
	Real estate - construction	1.04	%	1.02	%	1.12	%	1.32	%	1.50	%
	Real estate - residential mortgage	1.95	%	1.90	%	1.91	%	2.04	%	2.25	%
	Consumer, home equity, leasing and other	1.31	%	1.22	%	1.20	%	1.37	%	1.38	%
	Total	1.15	%	1.18	%	1.19	%	1.24	%	1.28	%

FULTON FINANCIAL CORPORATION
RECONCILIATION OF NON-GAAP MEASURES (UNAUDITED)
in thousands, except per share data and percentages
Explanatory note:	This press release contains supplemental financial information, as detailed below, which has been derived by methods other than Generally Accepted Accounting Principles ("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. 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
		2018			2018			2018			2017			2017
Shareholders' equity (tangible), per share
Shareholders' equity		$	2,283,014		$	2,245,785		$	2,235,493		$	2,229,857		$	2,225,786
Less: Goodwill and intangible assets		(531,556		)	(531,556		)	(531,556		)	(531,556		)	(531,556		)
Tangible shareholders' equity (numerator)		$	1,751,458		$	1,714,229		$	1,703,937		$	1,698,301		$	1,694,230
Shares outstanding, end of period (denominator)		176,019			175,847			175,404			175,170			175,057
Shareholders' equity (tangible), per share		$	9.95		$	9.75		$	9.71		$	9.70		$	9.68
Return on average shareholders' equity (tangible)
Net income (numerator)		$	65,633		$	35,197		$	49,480		$	34,001		$	48,905
Average shareholders' equity		$	2,269,093		$	2,246,904		$	2,224,615		$	2,237,031		$	2,215,389
Less: Average goodwill and intangible assets		(531,556		)	(531,556		)	(531,556		)	(531,556		)	(531,556		)
Average tangible shareholders' equity (denominator)		$	1,737,537		$	1,715,348		$	1,693,059		$	1,705,475		$	1,683,833
Return on average shareholders' equity (tangible), annualized		14.99		%	8.23		%	11.85		%	7.91		%	11.52		%
Tangible Common Equity to Tangible Assets (TCE Ratio)
Shareholders' equity		$	2,283,014		$	2,245,785		$	2,235,493		$	2,229,857		$	2,225,786
Less: Intangible assets		(531,556		)	(531,556		)	(531,556		)	(531,556		)	(531,556		)
Tangible shareholders' equity (numerator)		$	1,751,458		$	1,714,229		$	1,703,937		$	1,698,301		$	1,694,230
Total assets		$	20,364,810		$	20,172,539		$	19,948,941		$	20,036,905		$	20,062,860
Less: Intangible assets		(531,556		)	(531,556		)	(531,556		)	(531,556		)	(531,556		)
Total tangible assets (denominator)		$	19,833,254		$	19,640,983		$	19,417,385		$	19,505,349		$	19,531,304
Tangible Common Equity to Tangible Assets		8.83		%	8.73		%	8.78		%	8.71		%	8.67		%
Efficiency ratio
Non-interest expense		$	135,413		$	133,345		$	136,661		$	138,452		$	132,157
Less: Amortization on tax credit investments		(1,637		)	(1,637		)	(1,637		)	(3,376		)	(3,503		)
Non-interest expense (numerator)		$	133,776		$	131,708		$	135,024		$	135,076		$	128,654
Net interest income (fully taxable equivalent)		$	163,194		$	159,027		$	154,232		$	155,253		$	152,721
Plus: Total Non-interest income		51,032			49,094			45,875			56,956			51,974
Less: Investment securities gains		(14		)	(4		)	(19		)	(1,932		)	(4,597		)
Net interest income (denominator)		$	214,212		$	208,117		$	200,088		$	210,277		$	200,098
Efficiency ratio		62.5		%	63.3		%	67.5		%	64.2		%	64.3		%
Non-performing assets to tangible shareholders' equity and allowance for credit losses
Non-performing assets (numerator)		$	130,780		$	134,925		$	145,386		$	144,582		$	147,011
Tangible shareholders' equity		$	1,751,458		$	1,714,229		1,703,937			1,698,301			$	1,694,230
Plus: Allowance for credit losses		167,826			169,247			176,019			176,084			174,749
Tangible shareholders' equity and allowance for credit losses (denominator)		$	1,919,284		$	1,883,476		$	1,879,956		$	1,874,385		$	1,868,979
Non-performing assets to tangible shareholders' equity and allowance for credit losses		6.81		%	7.16		%	7.73		%	7.71		%	7.87		%

Pre-provision net revenue
Net interest income	$	160,127		$	156,067		$	151,318		$	149,413		$	146,809
Non-interest income	51,033			49,094			45,875			56,956			51,974
Less: Investment securities gains	(14		)	(4		)	(19		)	(1,932		)	(4,597		)
Total revenue	$	211,146		$	205,157		$	197,174		$	204,437		$	194,186
Non-interest expense	$	135,413		$	133,345		$	136,661		$	138,452		$	132,157
Less: Amortization on tax credit investments	(1,637		)	(1,637		)	(1,637		)	(3,376		)	(3,503		)
Total non-interest expense	$	133,776		$	131,708		$	135,024		$	135,076		$	128,654
Pre-provision net revenue	$	77,370		$	73,449		$	62,150		$	69,361		$	65,532
Reconciliation of Net Income; Net Income per share, diluted; and Selected Financial Ratios, adjusted to exclude the Tax Charge recognized in the fourth quarter of 2017 related to the re-measurement of net deferred tax assets:
Net income and Net income per share, diluted
Net income										$	34,001
Plus: Re-measurement of net deferred tax assets										15,634
Net Income, adjusted (numerator)										$	49,635
Weighted average shares (diluted)										176,374
Net income per share, diluted										$	0.28
Return on average assets
Net income										$	34,001
Plus: Re-measurement of net deferred tax assets										15,634
Net Income, adjusted (numerator)										$	49,635
Average assets (denominator)										$	20,072,579
Return on average assets, annualized										0.98		%
Return on average shareholders' equity
Net income										$	34,001
Plus: Re-measurement of net deferred tax assets										15,634
Net Income, adjusted (numerator)										$	49,635
Average shareholders' equity (denominator)										$	2,237,031
Return on average shareholders' equity, annualized										8.80		%
Return on average shareholders' equity (tangible)
Net Income, as reported										$	34,001
Plus: Re-measurement of net deferred tax assets										15,634
Net Income, adjusted (numerator)										$	49,635
Average shareholders' equity										$	2,237,031
Less: Average goodwill and intangible assets										(531,556		)
Average tangible shareholders' equity (denominator)										$	1,705,475
Return on average shareholders' equity (tangible), annualized										11.55		%

EX-99.3

2018 THIRD QUARTER RESULTS NASDAQ: FULT D A T A AS OF S E P T E M B E R 3 0 , 2 0 1 8 U N L E S S O T H E R W I S E N O T E D

FORWARD-LOOKING STATEMENTS This presentation 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, 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, they 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 related 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, 2017 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2018 and June 30, 2018, which have been filed with the Securities and Exchange Commission and are available in the Investor Relations section of the Corporation’s website (www.fult.com) and on the Securities and Exchange Commission’s website (www.sec.gov). The Corporation uses certain non-GAAP financial measures in this presentation. These non-GAAP financial measures are reconciled to the most comparable GAAP measures at the end of this presentation. 2

THIRD QUARTER RESULTS Net income per diluted share: $0.37 in 3Q18, 85.0% increase from 2Q18 and 32.1% increase from 3Q17 Pre-Provision Net Revenue(1): $77.4 million, 5.3% increase from 2Q18 and 18.1% increase from 3Q17 Linked Quarter Loan and Core Deposit Growth: 0.6% increase in average loans, while average demand and savings deposits increased 2.8% Net Interest Income & Margin: Net interest income increased 2.6%, reflecting the impact of a 3 basis point increase in net interest margin and balance sheet growth Non-Interest Income(2) & Non-Interest Expense: 3.9% increase in non-interest income and 1.6% increase in non- interest expense Asset Quality: $31.5 million decrease in provision for credit losses as 2Q18 included a $36.8 million addition to provision for credit losses related to one commercial relationship. Q3 Year-over-Year Loan and Core Deposit Growth: 3.1% increase in average loans and 0.7% increase in average demand and savings deposits Net Interest Income & Margin: 9.1% increase in net interest income, reflecting the impact of a 15 basis point increase in net interest margin and balance sheet growth Non-Interest Income(2) & Non-Interest Expense: 7.7% increase in non-interest income and 2.5% increase in non- interest expense Asset Quality: $3.5 million decrease in provision for credit losses due to improving asset quality (1) Non-GAAP based financial measure. Please refer to the calculation and management’s reason for using the measure on the slide titled “Non-GAAP Reconciliation” at the end of this presentation. (2) Excluding investment securities gains. 3

INCOME STATEMENT SUMMARY Change from  Net Income of $65.6 million, 86.5% increase from 2Q18 and 34.2% 3Q18 2Q18 3Q17 increase from 3Q17. (dollars in thousands, except per-share data)  Net Interest Income Net Interest Income 160,127 $ 4,060 $ 13,318 . From 2Q18: Increase of 2.6%, driven by loan and deposit growth and the Provision for Credit Losses 1,620 (31,497) (3,455) impact of a 3 basis point increase in NIM . From 3Q17: Increase of 9.1%, driven by loan growth and the impact of a Non-Interest Income 51,019 1,929 3,642 15 basis point increase in NIM Securities Gains 14 10 (4,583)  Provision for Credit Losses Non-Interest Expense 135,413 2,068 3,256 . Decrease of $31.5 million from 2Q18, which included a $36.8 million provision for credit losses related to one commercial relationship Income before Income Taxes 74,127 35,428 12,576 Non-Interest Income Income Taxes 8,494 4,992 (4,152) . From 2Q18: 3.9% increase driven by commercial loan interest rate swap Net Income $ 65,633 $ 30,436 $ 16,728 fees ($1.2 million) and debit card income ($0.5 million). . From 3Q17: 7.7% increase driven mainly by commercial loan swap fee income ($1.7 million), cash management fees ($0.8 million), debit card income ($0.8 million) and merchant fee income ($0.6 million). Net income per share (diluted) $ 0.37 $ 0.17 $ 0.09  Non-Interest Expenses . From 2Q18: 1.6% increase driven by salaries and employee benefits ($1.9 ROA (1) million), outside services ($1.5 million) and professional fees ($1.1 1.28% 0.58% 0.30% million), partially offset by decreases in equipment expense ($0.4 million), data processing and software expense ($0.3 million), occupancy expense ($0.2 million and other expenses ($2.0 million) (2) ROE 11.48% 5.20% 2.72% . From 3Q17: 2.5% increase driven by salaries and employee benefits ($3.9 million), other outside services ($2.5 million) and occupancy expenses ($0.4 million), partially offset by decreases in amortization of tax credit investments ($1.9 million) and other expenses ($1.7 million). ROE (tangible) (3) 14.99% 6.76% 3.47%  Income Taxes 11.5% effective tax rate (ETR) in 3Q18 vs. 9.0% in 2Q18 and 20.5% in Efficiency ratio (3) 62.5% (0.8%) (1.8%) 3Q17. (1) ROA is return an average assets determined by dividing net income for the period indicated by average assets, annualized. (2) ROE is return on average shareholders’ equity determined by dividing net income for the period indicated by average shareholders’ equity, annualized. (3) Non-GAAP based financial measure. Please refer to the calculation and management’s reasons for using this measure on the slide titled “Non-GAAP Reconciliation” at the end of this presentation. 4

NET INTEREST INCOME AND MARGIN Net Interest Income & Net Interest Margin Average Interest-Earning Assets & Yields ($ IN MILLIONS) ($ IN BILLIONS) $20.0 6.00% $180.0 4.00% 4.04% 4.13% $15.0 3.80% 3.83% 3.93% 4.00% $15.9 $160.0 $15.7 $15.8 3.50% $10.0 $15.4 $15.6 3.39% 3.42% 2.00% $140.0 3.29% 3.35% 3.27% 3.00% $5.0 ~ $730 million $3.1 $3.2 $2.9 $3.0 $3.1 $120.0 $- 0.00% 2.50% 3Q17 4Q17 1Q18 2Q18 ~3Q18 $610 $100.0 million 2.00% Securities & Other Loans Earning Asset Yield (FTE) $80.0 $156.1 $160.1 $146.8 $149.4 $151.3 1.50% $60.0 Average Liabilities & Rates 1.00% ($ IN BILLIONS) $40.0 $25.0 1.20% $20.0 0.50% 1.01% 0.91% $20.0 1.00% $1.4 $1.4 $1.9 $- 0.00% $2.0 $1.7 0.80% $15.0 3Q17 4Q17 2Q18 2Q18 3Q18 0.77% 0.78% 0.82% 0.60% $10.0 Net Interest Income 0.40% Net Interest Margin (Fully-taxable equivalent basis, or FTE) $5.0 $15.9 $16.1 $15.4 $15.5 $16.0 0.20% $- 0.00% 3Q17 4Q17 1Q18 2Q18 3Q18 Deposits Borrowings Cost of Interest-bearing Liabilities 5

ASSET QUALITY ($ IN MILLIONS) Provision for Credit Losses Non-Performing Loans (NPLs) & NPLs to Loans $160.0 2.00% $40.0 $136.5 $134.8 $134.6 $33.1 $123.7 $120.1 $120.0 1.50% $30.0 $20.0 $80.0 1.00% 0.88% 0.85% 0.86% $40.0 0.78% 0.75% 0.50% $10.0 $6.7 $5.1 $4.0 $1.6 $- $0.0 0.00% 3Q17 4Q17 1Q18 2Q18(1) 3Q18 3Q17 4Q17 1Q18 2Q18 3Q18 NPL NPLs/Loans Net Charge-offs (NCOs) and NCOs to Average Loans Allowance for Credit Losses (Allowance) to NPLs & Loans 150.0% 137% 140% 3.00% $60.0 1.25% 128% 131% 131% 1.01% 125.0% 1.05% $39.9 0.85% 100.0% 2.00% $40.0 0.65% 75.0% 0.45% 0.14% $20.0 0.14% 0.10% 50.0% 1.00% 0.08% 0.25% 1.13% 1.12% 1.12% 1.07% 1.05% 0.05% 25.0% $5.3 $5.4 $4.0 $3.0 $- -0.15% 0.0% 0.00% 3Q17 4Q17 1Q18 2Q18(2) 3Q18 3Q17 4Q17 1Q18 2Q18 3Q18 NCOs NCOs/Average Loans (annualized) Allowance/NPLs Allowance/Loans (1) Includes a $36.8 million provision for credit loss related to one commercial relationship recorded in 2Q18. (2) Includes a $33.9 million charge-off related to one commercial relationship incurred in 2Q18. 6

NON-INTEREST INCOME ($ IN MILLIONS) Non-Interest Income, Excluding Securities Gains Mortgage Banking Income & Spreads $6.0 4.00% $5.2 3.50% $5.0 $4.8 $4.9 $4.4 $4.2 3.00% $4.0 2.50% $60.0 $3.0 2.00% 1.50% $2.0 1.62% 1.38% $50.0 1.36% 1.30% 1.00% $1.0 1.11% ~ $730 million 0.50% $- 0.00% $40.0 3Q17 4Q17 1Q18 2Q18 ~3Q18 $610 million Gains on Sales Servicing Income Spread on Sales (1) $55.0 $30.0 $51.0 $49.1 Other Non-Interest Income $47.4 $45.9 $20.0 $50.6 $50.0 $46.1 $43.9 $42.6 $41.7 $40.0 $10.0 $30.0 $- $20.0 3Q17 4Q17 1Q18 2Q18 3Q18 $10.0 $- 3Q17 4Q17 1Q18 2Q18 3Q18 (1) Represents Gains on Sales divided by total new commitments to originate residential mortgage loans for customers. Invt Mgmt & Trust Srvs Deposit Srv Chgs Oth Srv Chgs Other 7

NON-INTEREST EXPENSES ($ IN MILLIONS) Non-Interest Expense & Efficiency Ratio (1) Salaries and Employee Benefits & Staffing $90.0 3,700 $72.9 $73.5 $75.8 $76.8 $80.0 $74.9 3,600 $160.0 80.0% $70.0 3,560 3,570 3,500 $60.0 $50.0 3,400 $140.0 70.0% $40.0 3,300 $30.0 67.5% 3,200 $120.0 64.3% 60.0% $20.0 ~ $730 64.2% 63.3% 62.5% million $10.0 3,100 $- 3,000 ~ $610 $100.0 50.0% 3Q17 4Q17 1Q18 2Q18 3Q18 million $132.2 $138.5 $136.7 $133.3 $135.4 Total Salaries Employee Benefits Average Full-time Equivalent Employees $80.0 40.0% Other Non-Interest Expenses $60.0 30.0% $70.0 $65.0 $60.9 $60.0 $59.3 $58.4 $58.6 $40.0 20.0% $50.0 $40.0 $20.0 10.0% $30.0 $- 0.0% $20.0 3Q17 4Q17 1Q18 2Q18 3Q18 $10.0 $- 3Q17 4Q17 1Q18 2Q18 3Q18 Occp & Equip Data Processing & Software Outside Srvs Other (1) Non-GAAP based financial measure. Please refer to the calculation and management’s reasons for using this measure on the slide titled “Non- GAAP Reconciliation” at the end of this presentation. 8

PROFITABILITY & CAPITAL ROA(1) ROE and ROE (tangible)(2) 1.40% 1.28% 16.00% 14.99% 1.20% 0.98% 1.01% 11.52% 11.85% 11.48% 1.00% 12.00% 8.76% 9.02% 7.91% 8.23% 0.80% 0.67% 0.70% 8.00% 6.03% 6.28% 0.60% 4.00% 0.40% 0.20% 0.00% 3Q17 4Q17(3) 1Q18 2Q18 3Q18 0.00% 3Q17 4Q17(3) 1Q18 2Q18 3Q18 ROE ROE (tangible) Tangible Common Equity Ratio(2) Net Income Per Diluted Share 12.0% $0.40 $0.37 $0.35 8.7% 8.7% 8.8% 8.7% 8.8% $0.30 $0.28 $0.28 8.0% $0.25 $0.19 $0.20 $0.20 4.0% $0.15 $0.10 $0.05 0.0% $- 3Q17 4Q17 1Q18 2Q18 3Q18 3Q17 4Q17(3) 1Q18 2Q18 3Q18 (1) ROA is return an average assets determined by dividing net income for the period indicated by average assets, annualized. (2) Non-GAAP based financial measure. Please refer to the calculation and management’s reasons for using this measure on the slide titled “Non-GAAP Reconciliation” at the end of this presentation. (3) 4Q17 reflects the impact of the $15.6 million charge to income taxes related to the re-measurement of net deferred tax assets. 9

2018 OUTLOOK Changes from the outlook as of the end of the second quarter of 2018 have been underlined. • Loans & Deposits: Average annual loan and core deposit growth rates in the low to mid single- digits • Asset Quality: Provision will reflect impacts of changes in asset quality measures, risk rating migration, and the results of our allowance allocation methodology, as well as loan growth • Non-Interest Income(1): Flat to low single-digit growth • Non-Interest Expense: Including amortization of tax free investments, low single-digit growth rate • Capital: Focus on utilizing capital to support loan growth and provide appropriate returns to shareholders • Net Interest Margin: For the fourth quarter of 2018, the outlook for NIM is an increase of 0 to 3 basis points over the third quarter of 2018 • Effective Tax Rate: Anticipated to range between 11% to 14% depending on level of tax credits realized (1) Excluding securities gains and the litigation settlement of $5.1 million recognized in the fourth quarter of 2017 10

NON-GAAP RECONCILIATION Note: The Corporation has presented the following non-GAAP (Generally Accepted Accounting Principles) 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. 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. Three Months Ended Sep 30 Dec 31 Mar 31 Jun 30 Sep 30 2017 2017 2018 2018 2018 Efficiency ratio Non-interest expense $ 132,157 $ 138,452 $ 136,661 $ 133,345 $ 135,413 Less: Amortization of tax credit investments (3,503) (3,376) (1,637) (1,637) (1,637) Non-interest expense (numerator) $ 128,654 $ 135,076 $ 135,024 $ 131,708 $ 133,776 Net interest income (fully taxable-equivalent) $ 152,721 $ 155,253 $ 154,232 $ 159,027 $ 163,194 Plus: Total Non-interest income 51,974 56,956 45,875 49,094 51,033 Less: Investment securities gains (4,597) (1,932) (19) (4) (14) Net interest income (denominator) $ 200,098 $ 210,277 $ 200,088 $ 208,117 $ 214,213 Efficiency ratio 64.3% 64.2% 67.5% 63.3% 62.4% Three Months Ended Sep 30 Dec 31 Mar 31 Jun 30 Sep 30 2017 2017 2018 2018 2018 Return on Average Shareholders' Equity (ROE) (Tangible) Net income (numerator) $ 48,905 $ 34,001 $ 49,480 $ 35,197 $ 65,634 Average shareholders' equity $ 2,215,389 $ 2,237,031 $ 2,224,615 $ 2,246,904 $ 2,269,093 Less: Average goodwill and intangible assets (531,556) (531,556) (531,556) (531,556) (531,556) Average tangible shareholders' equity (denominator) $ 1,683,833 $ 1,705,475 $ 1,693,059 $ 1,715,348 $ 1,737,537 Return on average shareholders' equity (tangible), annualized 11.52% 7.91% 11.85% 8.23% 14.99% 11

NON-GAAP RECONCILIATION (CONTINUED) Sep 30 Dec 31 Mar 31 Jun 30 Sep 30 2017 2017 2018 2018 2018 Tangible Common Equity to Tangible Assets (TCE Ratio) (dollars in thousands) Shareholders' equity $ 2,225,786 $ 2,229,857 $ 2,235,493 $ 2,245,785 $ 2,283,014 Less: Intangible assets (531,556) (531,556) (531,556) (531,556) (531,556) Tangible shareholders' equity (numerator) $ 1,694,230 $ 1,698,301 $ 1,703,937 $ 1,714,229 $ 1,751,458 Total assets $ 20,062,860 $ 20,036,905 $ 19,948,941 $ 20,172,539 $ 20,364,810 Less: Intangible assets (531,556) (531,556) (531,556) (531,556) (531,556) Total tangible assets (denominator) $ 19,531,304 $ 19,505,349 $ 19,417,385 $ 19,640,983 $ 19,833,254 Tangible Common Equity to Tangible Assets 8.7% 8.7% 8.8% 8.7% 8.8% Three Months Ended SEP 30 Dec 31 Mar 31 Jun 30 Sep 30 2017 2017 2018 2018 2018 Pre-Provision Net Revenue (in thousands) Net interest income $ 146,809 $ 149,413 $ 151,318 $ 156,067 $ 160,127 Non-interest income 51,974 56,956 45,875 49,094 51,033 Less: Investment securities gains (4,597) (1,932) (19) (4) (14) Total Revenue $ 194,186 $ 204,437 $ 197,174 $ 205,157 $ 211,146 Non-interest expense $ 132,157 $ 138,452 $ 136,661 $ 133,345 $ 135,413 Less: Amortization of tax credit investments (3,503) (3,376) (1,637) (1,637) (1,637) Total Non-interest expense $ 128,654 $ 135,076 $ 135,024 $ 131,708 $ 133,776 Pre-Provision Net Revenue $ 65,532 $ 69,361 $ 62,150 $ 73,449 $ 77,370 12

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