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:	February 23, 2010
(Date of earliest event reported):	February 23, 2010

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)

P.O. Box 4887, One Penn Square Lancaster, Pennsylvania	17604
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code:	717-291-2411
Former name or former address, if changed since last Report:	N/A

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:

|	|	Written communications pursuant to Rule 425 under the Securities Act
|	|	Soliciting material pursuant to Rule 14a-12 under the Exchange Act
|	|	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
|	|	Pre-commencement to communications pursuant to Rule 13e-4(c) under the Exchange Act

Item 7.01 - Regulation FD Disclosure.

 On February 23, 2010, Fulton Financial Corporation ("Fulton") posted a new Corporate Presentation on its Investor Information website at www.fult.com. This Corporate Presentation, attached as Exhibit 99.1 and incorporated by reference, updates previously filed presentations and provides an overview of Fulton's strategy and performance. It is being furnished to the SEC and shall not be deemed to be "filed" for any purpose.

Fulton will participate as a presenter at the 2010 Keefe, Bruyette & Woods Bank Conference in Boston on February 25, 2010. R. Scott Smith, Jr., chairman and chief executive officer of Fulton, and Charles J. Nugent, senior executive vice president and chief financial officer, are scheduled to make a presentation to attendees discussing the strategies and performance of Fulton from 8:45 a.m. until 9:25 a.m. Eastern Time.

A live webcast of the presentation will include the Corporate Presentation attached as Exhibit 99.1 and incorporated by reference. The Corporate Presentation and audio of the conference will be available via the Internet through Fulton's website at www.fult.com. Please click on Investor Information, then click on the conference link at the top of the screen. For those unable to listen to the live broadcast, a replay will be available for 30 days after the conference. There is no charge to access this event.

Item 9.01 - Financial Statements and Exhibits.

(d) Exhibits
Exhibit No.	Description
99.1	Fulton Corporate Presentation

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: February 23, 2010 Fulton Financial Corporation     By:  /s/ Charles J. Nugent Charles J. Nugent Senior Executive Vice President and Chief Financial Officer  

EX-99.1

1

Fulton Financial
Corporation
-------------------------------------
KBW Bank ConferenceFebruary 24-25, 2010


Corporate Presentation
Data as of December 31, 2009

2

nThe following presentation may contain forward-looking statements about Fulton Financial Corporation’s
financial condition, business, strategies, products and services. Forward-looking statements are encouraged
by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the
Corporation’s current views and expectations based largely on information currently available to its
management, and on its current expectations, assumptions, plan, estimates, judgments, and projections about
its business and its industry, and they involve inherent risks, contingencies, uncertainties and other factors.
Although the Corporation believes that these forward-looking statements are based on reasonable estimates
and assumptions, the Corporation is unable to provide any assurance that its expectations will, in fact, occur
or that its estimates or assumptions will be correct and actual results could differ materially from those
expressed or implied by such forward-looking statements and such statements are not guarantees of future
performance. The Corporation undertakes no obligation to update or revise any forward-looking statements.
Accordingly, investors and others are cautioned not to place undue reliance on such forward-looking
statements.

nMany factors could affect future financial results including, without limitation, acquisition and growth
strategies; market risk; changes or adverse developments in economic, political or regulatory conditions; a
continuation or worsening of the current disruption in credit and other markets, including the lack of or
reduced access to, and the abnormal functioning of markets for mortgage and other asset-backed securities
and for commercial paper and other short-term borrowings; the effect of competition and interest rates on net
interest margin and net interest income; investment strategy and income growth; investment securities gains;
declines in the value of securities which may result in charges to earnings; changes in rates of deposit and
loan growth; asset quality and the impact on assets from adverse changes in the economy and in credit and
other markets and resulting effects on credit risk and asset values; balances of risk-sensitive assets to risk-
sensitive liabilities; salaries and employee benefits and other expenses; amortization of intangible assets;
goodwill impairment; capital and liquidity strategies; and other financial and business matters for future
periods.

nFor a more complete discussion of certain risks and uncertainties affecting the Corporation, please see the
sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and
Results of Operations” set forth in the Corporation’s filings with the Securities and Exchange Commission.

Forward-Looking Statement

3

Presentation Outline

uCorporate Overview

uFranchise and Markets

uCustomer Experience / Satisfaction

uCapital

uCredit

uFinancial Performance

uSummary

4

Fulton Financial Profile

nMid-Atlantic regional financial holding company

nA family of 8 community banks in 5 states

nFulton Financial Advisors

nFulton Mortgage Company

n270 community banking offices

nAsset size:$ 16.6 billion

n3950 Team Members

nMarket capitalization:$ 1.6 billion

nBook value per common share:$ 8.88

nTangible book value per common share:$ 5.75

nShares outstanding: 176 million

5

A Valuable Geographic Franchise

6

FDIC Market Share 6/30/09

nMarket share increased in 36 out of 53
counties served across our five-state
footprint

nMarket share increased in 27 of the 31
counties served in Pennsylvania,
Maryland and Delaware.

7

Superior Customer Experience

Care, Listen, Understand,Deliver

8

Our Brand

COMMUNITY BANKING

SMALL BUSINESS

HIGH NET WORTH

RETAIL BANKING

LISTENING IS JUST THE BEGINNING.

9

Customer Satisfaction Metrics

Attribute	Q1/2009	Q3/2009
Employees are friendly and helpful	9.6	9.6
Bank seems easy to work with	9.5	9.5
Safety and security of a local bank	9.3	9.3
Wait times are brief	9.3	9.3
Wide range of products and services	9.1	9.1
Listens to my needs	9.1	9.1
Convenient branches and ATMs	8.8	9.0
Resolves problems quickly	9.1	9.0
Competitive interest rates	8.8	8.5
Offers ability to conduct transactions on Internet	8.4	8.4
Fees are generally low	8.3	8.3
Bank is involved in the community	8.4	8.2

10

Capital 12/31/09

	With CPP	Without CPP
GAAP Capital	$1.94 billion	$1.57 billion
Total Risk-Based Capital	$1.90 billion	$1.52 billion

Ratios:

	With CPP	Without CPP
Total Risk-Based Capital	14.70%	11.80%
Tier 1 Risk-Based Capital	11.90%	9.00%
Leverage Capital	9.70%	7.30%
Tangible Common Equity	6.30%	6.30%
Tangible Common Equity to Risk-Weighted Assets	7.84%	7.84%

11

Loan Distribution by State(Fourth Quarter)

Average

% of

09 v. 08

%

Balance

Total

Growth

Growth

Pennsylvania

6,576,000

$

54.8%

178,000

$

3%

New Jersey

2,483,000

20.7%

15,000

1%

Maryland

1,504,000

12.5%

(99,000)

-6%

Virginia

1,099,000

9.2%

(40,000)

-4%

Delaware

338,000

2.8%

(14,000)

-4%

12,000,000

$

12

n54 relationships with commitments to lend

of $20 million or more

nMaximum individual commitment- $33 million

nMaximum commitment land development-

$25 million

nMaximum commitment any one development
project- $15 million

nAverage commercial lending relationship size is
$465,200

nLoans and corresponding relationships are
within Fulton’s geographic market area

Summary of Larger Loans

13

International Bancshares Corporation

Old National Bancorp

South Financial Group, Inc.

Susquehanna Bancshares, Inc.

TCF Financial Corporation

Trustmark Corporation

UMB Financial Corporation

United Bankshares, Inc.

Valley National Bancorp

Whitney Holding Corporation

Wilmington Trust Corporation

*Fulton’s peer group as of December 31, 2009

Associated Banc-Corp

BancorpSouth, Inc.

Bank of Hawaii Corporation

BOK Financial Corporation

Citizens Republic Bancorp

City National Corporation

Commerce Bancshares, Inc.

Cullen/Frost Bankers, Inc.

First Citizens BancShares, Inc.

First Midwest Bancorp, Inc.

First Merit Corporation

Peer Group*

14

Net Charge-Offs To Average Loans

0.94

1.24

1.88

0.00

0.50

1.00

1.50

2.00

91

92

93

94

95

96

97

98

99

00

01

02

03

04

05

06

07

08

09

FFC

Peer

Top 50

15

Net Charge-offs(Q4 2009)

Comm'l

Res. Mtg.

(in thousands)

Pennsylvania

2,974

$

623

$

1,828

$

67

$

781

$

6,273

$

Maryland

2,326

-

4,627

521

1,028

8,502

New Jersey

3,741

1,155

1,587

44

1,083

7,610

Virginia

956

225

3,133

1,581

417

6,312

Delaware

Avg Loans

3,714,000

4,240,000

1,018,000

2,571,000

446,000

11,989,000

NCO %

1.08%

0.19%

4.39%

0.35%

3.31%

0.97%

16

Net Charge-offs(YTD December 2009)

Comm'l

Res. Mtg.

(in thousands)

Pennsylvania

5,992

$

3,949

$

6,071

$

1,848

$

5,861

$

23,721

$

Maryland

3,935

2,684

21,035

1,093

2,406

31,153

New Jersey

12,421

7,509

7,660

267

2,616

30,473

Virginia

10,384

225

8,949

3,456

1,606

24,620

Delaware

Avg Loans

3,674,000

4,135,000

1,112,000

2,604,000

451,000

11,976,000

NCO %

0.90%

0.36%

3.93%

0.27%

3.08%

0.94%

17

Non-performing Loans to Loans

2.35

2.37

5.20

0.00

1.00

2.00

3.00

4.00

5.00

6.00

04

05

06

07

08

09

FFC

Peer

Top 50

18

Non-performing Loans*(December 31, 2009)

Comm'l

Res. Mtg.

(in thousands)

Pennsylvania

30,895

$

21,525

$

14,186

$

12,595

$

4,255

$

83,456

$

Maryland

9,138

2,015

39,764

4,277

1,766

56,960

New Jersey

15,571

32,182

20,207

8,534

3,654

80,148

Virginia

13,684

2,981

18,684

16,714

1,773

53,836

Delaware

End Loans

3,699,000

4,292,000

978,000

2,566,000

437,000

11,972,000

NPL%

1.88%

1.42%

9.49%

1.78%

2.85%

2.35%

* Includes accruing loans > 90 days past due.

19

Loan Delinquency (Key Sectors)

Category	Total (%) 12/31/08	90-Days 12/31/08	Total (%) 12/31/09	90-Days 12/31/09
Commercial Loans	1.65	1.08	2.51	1.88
Consumer Direct	1.20	.45	1.72	.66
Commercial Mortgage	1.78	1.03	2.33	1.42
Residential Mortgage	6.45	2.70	8.43	4.66
Construction	8.21	6.15	10.13	9.43
Total Portfolio	2.72	1.62	3.42	2.34

20

Residential Mortgage and HE Loans

Q4 2009

% of

Avg. Bal.

Total

Pennsylvania

1,308,000

$

50.9%

New Jersey

450,000

17.5%

Maryland

446,000

17.4%

Virginia

215,000

8.4%

Delaware

151,000

5.9%

2,570,000

$

21

Commercial Loans by Industry

Manufacturing

12.9

RE - - Rental and Leasing

12.6

Construction

11.0

Agriculture

8.9

Retail

8.5

Wholesale

7.3

Health Care

6.7

Other

5.5

Financial Services

3.0

Arts and Entertainment

3.0

Transportation

22

C&I Loans by State(December 31, 2009)

Ending

% of

NPL

Allowance

Balance

Total

Balance

Allocations

Pennsylvania

2,447,000

$

66.2%

30,900

$

58,790

$

New Jersey

560,000

15.1%

15,570

13,960

Maryland

371,000

10.0%

9,140

6,980

Virginia

289,000

7.8%

13,680

14,540

Delaware

32,000

0.9%

310

2,630

3,699,000

$

69,600

$

96,900

$

23

Construction Loans(December 31, 2009)

Ending

% of

NPL

Allowance

Pennsylvania

291,000

$

29.8%

14,190

$

16,010

$

Maryland

250,000

25.6%

39,760

28,720

Virginia

243,000

24.8%

18,680

15,340

New Jersey

179,000

18.3%

20,210

7,180

Delaware

24

Construction Loans by Type

Ending

% of

Balance

Total

Commercial Residential

663,000

$

67.8%

Commercial

238,000

24.3%

Real Estate

62,000

6.3%

Other Commercial

15,000

1.5%

978,000

$

25

CRE Loans by State(December 31, 2009)

Ending

% of

NPL

Allowance

Balance

Total

Balance

Allocations

Pennsylvania

2,247,000

$

52.4%

21,530

$

12,450

$

New Jersey

1,208,000

28.1%

32,180

10,600

Maryland

382,000

8.9%

2,010

3,310

Virginia

329,000

7.7%

2,980

4,260

Delaware

126,000

2.9%

2,350

1,640

4,292,000

$

61,050

$

32,260

$

26

Shared National Credits

Ending

Commercial / Industrial

119,470

$

Commercial Real Estate

Total Outstanding

Delinquency: 5.5%

27

Financial Performance

28

2009 Financial Results(Q4 vs. Q3 2009)

Net income

24,380,000

$

23,345,000

$

Cost of preferred stock

Net income available

Earnings per share

0.11

$

0.10

$

Return on tangible equity

7.96%

7.91%

29

Income Statement Summary(Q4 vs. Q3 2009)

Net Interest Income

136,090

$

132,800

$

3,290

$

2%

Loan Loss Provision

(45,020)

(45,000)

(20)

0%

Other Income

41,160

41,230

(70)

0%

Securities Losses

(1,870)

(50)

(1,820)

n/m

Pre-Tax Income

29,990

29,170

820

3%

n/m = not meaningful

30

2009 Financial Results(YTD December)

Net income (loss)

73,920,000

$

(5,620,000)

$

Cost of preferred stock

Net income (loss) available

Earnings per share

0.31

$

(0.03)

$

Return on tangible equity

5.96%

9.33%

31

Pre-Tax Income Summary(YTD December)

2009

2008

$

%

Net Interest Income

520,950

$

524,150

$

(3,200)

$

-1%

Other Income

171,680

155,390

16,290

10%

Other Expenses

(400,230)

(386,820)

(13,410)

3%

Pre-Tax Income Before

LLP, Sec Gains (Losses)

and unusual items

292,400

292,720

(320)

0%

Loan Loss Provision

(190,020)

(119,630)

(70,390)

59%

Credit Card Sale Gain

-

13,910

(13,910)

n/m

Securities Gains (Losses)

1,080

(58,240)

59,320

-102%

Goodwill impairment

-

(90,000)

90,000

n/m

Special FDIC Assessment

(7,890)

-

(7,890)

n/m

ARC Losses

(6,240)

(19,810)

13,570

-69%

Pre-Tax Income

89,330

$

18,950

$

70,380

$

371%

n/m = not meaningful

32

Net Interest Margin Trend

3.67

3.64

3.47

3.00

3.25

3.50

3.75

4.00

FFC

Peer

Top 50

33

6 month cumulative gap - 1.07

Interest Rate Shocks(12/31/09)

Rate ChangeNII Change (Annual)% Change

+300 bp+ $58.2 million+ 10.0%

+200 bp+ $37.1 million+6.4%

+100 bp+ $12.3 million+2.1%

- 100 bp-$6.1 million-1.0%

34

Average Loans(Q4 vs. Q3 2009)

Q4 2009

Q3 2009

$

%

(dollars in millions)

Comm'l Mort

4,240

$

4,160

$

80

$

2%

Commercial

3,710

3,670

40

1%

Home Equity

1,650

1,650

-

0%

Construction

1,020

1,050

(30)

-3%

Resid Mort

930

930

-

0%

Cons./Other

440

450

(10)

-2%

Total Loans

11,990

$

11,910

$

80

$

1%

35

Average Loans(YTD December)

2009

2008

$

%

(dollars in millions)

Comm'l Mort

4,140

$

3,750

$

390

$

10%

Commercial

3,670

3,520

150

4%

Home Equity

1,670

1,600

70

4%

Construction

1,110

1,320

(210)

-16%

Resid Mort

940

920

20

2%

Cons./Other

450

490

(40)

-8%

Total Loans

11,980

$

11,600

$

380

$

3%

36

Average Deposits(Q4 vs. Q3 2009)

Q4 2009

Q3 2009

$

%

(dollars in millions)

Nonint DDA

1,990

$

1,920

$

70

$

4%

Int DDA

1,970

1,880

90

5%

Savings/MMDA

2,770

2,560

210

8%

CD's

5,420

5,560

(140)

-3%

Cash Management

520

510

10

2%

Total Deposits

12,670

$

12,430

$

240

$

2%

37

Average Deposits(YTD December)

2009

2008

$

%

(dollars in millions)

Nonint DDA

1,850

$

1,650

$

200

$

12%

Int DDA

1,860

1,710

150

9%

Savings/MMDA

2,420

2,150

270

13%

CD's

5,510

4,500

1,010

22%

Cash Management

540

680

(140)

-21%

Total Deposits

12,180

$

10,690

$

1,490

$

14%

38

Other Borrowings(YTD December)

2009

2008

$

%

(dollars in millions)

Federal Funds

450

$

1,330

$

(880)

$

-66%

FHLB Advances

1,330

1,440

(110)

-8%

Other LT Debt

380

380

-

0%

Other ST Borrowings

50

330

(280)

-85%

Total Borrowings

2,210

$

3,480

$

(1,270)

$

-36%

39

Other Income

$0

$40

$80

$120

$160

$200

Millions

40

Other Income(Q4 vs. Q3 2009)

(dollars in thousands)

Overdraft & NSF Fees

9,390

$

9,340

$

50

$

1%

Invt Mgt & Trust

8,110

8,190

(80)

-1%

Mort. Sales Gains

3,880

2,780

1,100

40%

Service Charges

3,320

3,340

(20)

-1%

Debit Card Fees

3,030

2,870

160

6%

Cash Mgt Fees

2,460

2,650

(190)

-7%

Merchant Fees

1,830

2,150

(320)

-15%

Foreign Currency

1,790

1,820

(30)

-2%

Credit Card Fees

1,400

1,520

(120)

-8%

Letters of Credit

1,300

1,740

(440)

-25%

41

Other Income(YTD December)

(dollars in thousands)

Overdraft & NSF Fees

35,960

$

35,320

$

640

$

2%

Invt Mgt & Trust

32,080

32,730

(650)

-2%

Mort. Sales Gains

22,640

10,330

12,310

119%

Service Charges

13,090

13,040

50

0%

Cash Mgt Fees

11,400

13,270

(1,870)

-14%

Debit Card Fees

11,090

9,800

1,290

13%

Merchant Fees

7,480

7,610

(130)

-2%

Foreign Currency

6,570

6,730

(160)

-2%

Letters of Credit

6,390

6,010

380

6%

Credit Card Fees

5,470

3,590

1,880

52%

42

Efficiency Ratio

57.7

63.2

63.1

50.0

52.0

54.0

56.0

58.0

60.0

62.0

64.0

FFC

Peer

Top 50

43

Other Expense(Q4 vs. Q3 2009)

(dollars in thousands)

Salaries & Benefits

53,620

$

54,080

$

(460)

$

-1%

Occupancy & Equip.

13,770

13,450

320

2%

FDIC Insurance

4,840

5,240

(400)

-8%

Data Proc. & Software

3,890

4,740

(850)

-18%

Supplies & Postage

2,740

2,820

(80)

-3%

Marketing

2,640

1,980

660

33%

Legal & Audit

2,400

2,390

10

0%

Telecommunications

2,130

2,140

(10)

0%

Outside Services

2,110

1,880

230

12%

44

Other Expense(YTD December)

(dollars in thousands)

Salaries & Benefits

218,810

$

213,560

$

5,250

$

2%

Occupancy & Equip.

54,860

55,570

(710)

-1%

FDIC Insurance

26,580

4,560

22,020

483%

Data Proc. & Software

17,860

18,550

(690)

-4%

Supplies & Postage

10,930

11,240

(310)

-3%

Legal & Audit

9,100

7,620

1,480

19%

Marketing

8,920

13,270

(4,350)

-33%

Telecommunications

8,610

8,170

440

5%

Outside Services

7,580

9,310

(1,730)

-19%

Operating Risk Loss

7,550

24,310

(16,760)

-69%

45

Investment Portfolio(December 31, 2009)

ENDING

MODIFIED

BALANCE

DURATION

(in millions)

Agency mortgage-backed securities

1,045.0

$

3.14

Agency collateralized mortgage obligations

1,102.2

2.64

Municipal bonds

400.7

4.43

Auction rate securities

292.1

3.95

Corporate & trust preferred securities

150.8

10.39

U.S. Treasuries and agencies

91.2

3.79

FHLB & FRB stock

99.1

NA

Bank stocks

34.8

NA

Other investments

25.6

NA

Net unrealized gain / (loss)

16.6

46

Overview of Fourth Quarter - 2009

nContinued core deposit growth

nStrong funding and liquidity positions

nGood NIM expansion

nStabilization of credit quality metrics

nNo increase to provision linked quarter

nFurther decline in construction exposure

nNet charge-offs up slightly

nStrong mortgage sale gains

nExpenses well controlled

47

Status of the Corporation

nStrong capital position

nCredit quality metrics stabilized

nFocus on profitable organic growth

nPositioned for economic rebound

nCurrent loan loss reserve levels believed to
be adequate

nProactive management of problem credits

nValuable 5-state franchise / strong in-state
markets

nDisciplined expense control

48

Strategies for Future Growth

nSuperior customer experience

nCore deposit growth / segmentation

nIncrease market share

nPromotional opportunities

nExpense control

nLeverage community banking presence
and brand

nGrow non-interest income

nBranch expansion / select markets

49

Fulton Financial Corporation

One Penn Square

Lancaster, PA17602

www.fult.com