Fulton Financial Corporation (NASDAQ:FULT) ranks among the top NASDAQ stocks for retirement.
On June 12, Piper Sandler began coverage of Fulton Financial Corporation (NASDAQ:FULT), with a Neutral rating and a $23 price target
The firm forecasts that Fulton Financial Corporation (NASDAQ:FULT) will maintain a return on assets above 1.20%, an increase from last year. The company’s profitability has risen as a result of higher net interest margins and two acquisitions in Philadelphia and Northern New Jersey, which offer more scale and market penetration. Piper Sandler predicts EPS growth of 5% in 2026 and 9% in 2027, after a 19% increase in 2025.
Given expected moderate loan growth and constrained net interest margin gain owing to reduced asset sensitivity, the firm anticipates few near-term catalysts. Moreover, Fulton Financial’s recent earnings call came with a noticeably positive tone, with management pointing towards consistent, repeatable earnings and enhanced efficiency amid moderate margin pressure. In line with the previous quarter’s results, Fulton Financial Corporation (NASDAQ:FULT) reported operational net income available to common shareholders of $99.7 million, or $0.55 per diluted share.