Fulton Financial Plans to Cut Jobs Post Failed Republic Bank Buyout [Yahoo! Finance]
Fulton Financial Corporation (FULT)
Last fulton financial corporation earnings: 4/21 04:48 pm
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Source: Yahoo! Finance
jobs in its Mount Laurel, NJ-based location as part of its effort to eliminate redundant roles. Per a notice filed with the state's Department of Labor & Workforce Development, the cuts will take effect between Nov. 11 and Dec. 27. FULT has decided to redesign some of the dropped roles into new ones and retain some staff whose roles have been cut. Steve Trapnell, a spokesperson for Fulton Financial, said, “With the recent Republic Bank transaction, we brought in more than 300 team members, many with redundant roles to our existing corporate staff. As is typical with transactions of this nature, we eliminated redundant roles. Some eliminated positions are being repurposed into wholly new positions, and we are hopeful to retain some team members whose positions are being eliminated.” This July, FULT said that it planned to close 13 branches on or around Nov. 22 and then consolidate those operations into nearby locations. Post the closures, the bank expects its annual pre-tax ope
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FULT
News
- Newsmakers for November 10 [Yahoo! Finance]Yahoo! Finance
- Fulton Financial Co. (NASDAQ: FULT) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Fulton Financial Co. (NASDAQ: FULT) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- FULTON FINANCIAL CORPORATION NAMES RICK KRAEMER AS CHIEF FINANCIAL OFFICERPR Newswire
- Fulton Financial Co. (NASDAQ: FULT) was given a new $21.00 price target on by analysts at Piper Sandler.MarketBeat
FULT
Earnings
- 10/15/24 - Beat
FULT
Sec Filings
- 11/12/24 - Form 4
- 11/8/24 - Form 10-Q
- 11/8/24 - Form 8-K
- FULT's page on the SEC website