exhibit.htm

Fulton Financial
Corporation
-------------------------------------
KBW Bank Conference
February 24-25, 2010

Corporate Presentation
Data as of December 31, 2009

n The 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.

n Many 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.

n For 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

Presentation Outline

uCorporate Overview

uFranchise and Markets

uCustomer Experience / Satisfaction

uCapital

uCredit

uFinancial Performance

uSummary

Fulton Financial Profile

n Mid-Atlantic regional financial holding company

n A family of 8 community banks in 5 states

n Fulton Financial Advisors

n Fulton Mortgage Company

n 270 community banking offices

n Asset size: $ 16.6 billion

n 3950 Team Members

n Market capitalization: $ 1.6 billion

n Book value per common share: $ 8.88

n Tangible book value per common share: $ 5.75

n Shares outstanding: 176 million

A Valuable Geographic Franchise

FDIC Market Share 6/30/09

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

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

Superior Customer Experience

Care, Listen, Understand, Deliver

Our Brand

COMMUNITY BANKING

SMALL BUSINESS

HIGH NET WORTH

RETAIL BANKING

LISTENING IS JUST THE BEGINNING.

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

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%

Loan Distribution by State (Fourth Quarter)

Average

% of

09 v. 08

Balance

Total

Growth

Pennsylvania

6,576,000

54.8%

178,000

New Jersey

2,483,000

20.7%

15,000

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

n 54 relationships with commitments to lend

of $20 million or more

n Maximum individual commitment- $33 million

n Maximum commitment land development-

$25 million

n Maximum commitment any one development
project- $15 million

n Average commercial lending relationship size is
$465,200

n Loans and corresponding relationships are
within Fulton’s geographic market area

Summary of Larger Loans

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*

Net Charge-Offs To Average Loans

0.94

1.24

1.88

0.00

0.50

1.00

1.50

2.00

FFC

Peer

Top 50

Net Charge-offs (Q4 2009)

Comm'l

Res. Mtg.

(in thousands)

Pennsylvania

2,974

623

1,828

781

6,273

Maryland

2,326

4,627

521

1,028

8,502

New Jersey

3,741

1,155

1,587

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%

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%

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

FFC

Peer

Top 50

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.

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

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

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

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

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

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

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

Shared National Credits

Ending

Commercial / Industrial

119,470

Commercial Real Estate

Total Outstanding

Delinquency: 5.5%

Financial Performance

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%

Income Statement Summary (Q4 vs. Q3 2009)

Net Interest Income

136,090

132,800

3,290

Loan Loss Provision

(45,020)

(45,000)

(20)

Other Income

41,160

41,230

(70)

Securities Losses

(1,870)

(50)

(1,820)

n/m

Pre-Tax Income

29,990

29,170

820

n/m = not meaningful

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%

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)

Pre-Tax Income Before

LLP, Sec Gains (Losses)

and unusual items

292,400

292,720

(320)

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)

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

Net Interest Margin Trend

3.67

3.64

3.47

3.00

3.25

3.50

3.75

4.00

FFC

Peer

Top 50

6 month cumulative gap - 1.07

Interest Rate Shocks (12/31/09)

Rate Change NII 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%

Average Loans (Q4 vs. Q3 2009)

Q4 2009

Q3 2009

(dollars in millions)

Comm'l Mort

4,240

4,160

Commercial

3,710

3,670

Home Equity

1,650

Construction

1,020

1,050

(30)

-3%

Resid Mort

930

Cons./Other

440

450

(10)

-2%

Total Loans

11,990

11,910

Average Loans (YTD December)

2009

2008

(dollars in millions)

Comm'l Mort

4,140

3,750

390

10%

Commercial

3,670

3,520

150

Home Equity

1,670

1,600

Construction

1,110

1,320

(210)

-16%

Resid Mort

940

920

Cons./Other

450

490

(40)

-8%

Total Loans

11,980

11,600

380

Average Deposits (Q4 vs. Q3 2009)

Q4 2009

Q3 2009

(dollars in millions)

Nonint DDA

1,990

1,920

Int DDA

1,970

1,880

Savings/MMDA

2,770

2,560

210

CD's

5,420

5,560

(140)

-3%

Cash Management

520

510

Total Deposits

12,670

12,430

240

Average Deposits (YTD December)

2009

2008

(dollars in millions)

Nonint DDA

1,850

1,650

200

12%

Int DDA

1,860

1,710

150

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%

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

Other ST Borrowings

330

(280)

-85%

Total Borrowings

2,210

3,480

(1,270)

-36%

Other Income

$40

$80

$120

$160

$200

Millions

Other Income (Q4 vs. Q3 2009)

(dollars in thousands)

Overdraft & NSF Fees

9,390

9,340

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

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%

Other Income (YTD December)

(dollars in thousands)

Overdraft & NSF Fees

35,960

35,320

640

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

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

Credit Card Fees

5,470

3,590

1,880

52%

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

Other Expense (Q4 vs. Q3 2009)

(dollars in thousands)

Salaries & Benefits

53,620

54,080

(460)

-1%

Occupancy & Equip.

13,770

13,450

320

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

Telecommunications

2,130

2,140

(10)

Outside Services

2,110

1,880

230

12%

Other Expense (YTD December)

(dollars in thousands)

Salaries & Benefits

218,810

213,560

5,250

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

Outside Services

7,580

9,310

(1,730)

-19%

Operating Risk Loss

7,550

24,310

(16,760)

-69%

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

Bank stocks

34.8

Other investments

25.6

Net unrealized gain / (loss)

16.6

Overview of Fourth Quarter - 2009

n Continued core deposit growth

n Strong funding and liquidity positions

n Good NIM expansion

n Stabilization of credit quality metrics

n No increase to provision linked quarter

n Further decline in construction exposure

n Net charge-offs up slightly

n Strong mortgage sale gains

n Expenses well controlled

Status of the Corporation

n Strong capital position

n Credit quality metrics stabilized

n Focus on profitable organic growth

n Positioned for economic rebound

n Current loan loss reserve levels believed to
be adequate

n Proactive management of problem credits

n Valuable 5-state franchise / strong in-state
markets

n Disciplined expense control

Strategies for Future Growth

n Superior customer experience

n Core deposit growth / segmentation

n Increase market share

n Promotional opportunities

n Expense control

n Leverage community banking presence
and brand

n Grow non-interest income

n Branch expansion / select markets

Fulton Financial Corporation

One Penn Square

Lancaster, PA 17602