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): January 17, 2017

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))

Item 2.02 - Results of Operations and Financial Condition

On January 17, 2017, Fulton Financial Corporation (“Fulton”) issued a press release (the “Press Release”) announcing its results of operations for the fourth quarter and year ended December 31, 2016. 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. Fulton also posted on its Investor Relations website, www.fult.com, presentation materials Fulton intends to use during a conference call and webcast to discuss those results on Wednesday, January 18, 2017 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 Fulton’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” and similar expressions which are intended to identify forward-looking statements. Statements relating to the “outlook” or “2017 Outlook” contained in Exhibit 99.3 to this Current Report are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, some of which are beyond Fulton’s control and ability to predict, that could cause actual results to differ materially from those expressed in the forward-looking statements.

A discussion of certain risks and uncertainties affecting Fulton, and some of the factors that could cause Fulton’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 Fulton’s Annual Report on Form 10-K for the year ended December 31, 2015 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2016, June 30, 2016 and September 30, 2016, which have been filed with the Securities and Exchange Commission and are available in the Investors Relations section of Fulton’s website (www.fult.com) and on the Securities and Exchange Commission’s website (www.sec.gov). Fulton 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.

Item 9.01 Financial Statements And Exhibits

(d)Exhibits.

Exhibit No.	Description
99.1	Press Release dated January 17, 2017.
99.2	Supplemental financial information for the quarter and year ended December 31, 2016.
99.3	Presentation materials to be discussed during the conference call and webcast on January 18, 2017.

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: January 17, 2017	FULTON FINANCIAL CORPORATION
	By: /s/ Philmer H. Rohrbaugh
	Philmer H. Rohrbaugh
	Senior Executive Vice President,
	Chief Operating Officer and
	Interim Chief Financial Officer

EX-99.1

Exhibit 99.1

FULTON FINANCIAL

CORPORATION

FOR IMMEDIATE RELEASE

Media Contact: Laura J. Wakeley (717) 291-2616

Investor Contact: Jason Weber (717) 327-2394

Fulton Financial reports 2016 earnings

• Diluted earnings per share for the fourth quarter of 2016 were 24 cents, unchanged from the third quarter of 2016 and a two cent, or 9.1 percent, increase from the fourth quarter of 2015. For the year ended December 31, 2016, diluted earnings per share were 93 cents, a 9.4 percent increase from 85 cents reported in 2015. Pre-provision net revenue of $55.8 million for the fourth quarter of 2016 decreased 5.1 percent from the third quarter of 2016, mainly due to higher expenses. For the year, pre-provision net revenue was $218.9 million, or 10.4% higher than 2015.

• Net interest income for the fourth quarter of 2016 increased $1.7 million, or 1.3 percent, compared to the third quarter of 2016, while the net interest margin increased one basis point to 3.15 percent. For the year ended December 31, 2016, net interest income increased $20.8 million, or 4.2 percent, compared to 2015, while the net interest margin decreased three basis points to 3.18 percent.

• Loans at December 31, 2016 increased $308.0 million, or 2.1 percent, compared to September 30, 2016 and $860.7 million, or 6.2 percent, compared to December 31, 2015. Average loans for the fourth quarter of 2016 increased 1.9 percent and 6.0 percent, compared to the third quarter of 2016 and the fourth quarter of 2015, respectively. For the year ended December 31, 2016, average loans increased $797.1 million, or 6.0 percent, compared to 2015.

• Deposits at December 31, 2016 increased $60.4 million, or 0.4 percent, compared to

September 30, 2016 and $880.5 million, or 6.2 percent, compared to December 31, 2015. Average deposits for the fourth quarter of 2016 increased 2.1 percent and 5.8 percent, compared to the third quarter of 2016 and the fourth quarter of 2015, respectively. For the year ended December 31, 2016, average deposits increased $838.4 million, or 6.1 percent, compared to 2015.

• The provision for credit losses in the fourth quarter of 2016 was $5.0 million, compared to a $4.1 million provision in the third quarter of 2016 and a $2.8 million provision in the fourth quarter of 2015. For the year ended December 31, 2016, the provision for credit losses was $13.2 million, an increase of $10.9 million from 2015.

• Non-interest income, excluding investment securities gains, increased $3.1 million, or 6.4 percent, in comparison to the third quarter of 2016, and increased $6.2 million, or 13.7 percent, in comparison to the fourth quarter of 2015. For the year ended December 31, 2016, noninterest income, excluding investment securities gains, increased $14.9 million, or 8.6 percent, compared to 2015.

• Non-interest expense increased $7.8 million, or 6.5 percent, compared to the third quarter of 2016 and increased $9.2 million, or 7.8 percent, compared to the fourth quarter of 2015. For the year ended December 31, 2016, noninterest expense increased $15.0 million, or 3.2%, compared to 2015, excluding the $5.6 million loss on redemption of trust preferred securities.

(January 17, 2017) - Lancaster, PA - Fulton Financial Corporation (NASDAQ:FULT) reported net income of $42.2 million, or 24 cents per diluted share, for the fourth quarter of 2016, and net income of $161.6 million, or 93 cents per diluted share, for 2016.

“2016 marked another year of continued progress in strengthening our banking franchise” said E. Philip Wenger, Chairman, President and CEO. “We continued to invest in revenue producing talent while containing costs that enabled us to generate meaningful positive operating leverage and better than 9 percent year-over-year earnings per share growth.”

Net Interest Income and Margin

Net interest income for the fourth quarter of 2016 increased $1.7 million, or 1.3 percent, from the third quarter of 2016. Net interest margin increased one basis point, or 0.3 percent, to 3.15 percent in the fourth quarter of 2016, from 3.14 percent in the third quarter of 2016. Both the average yield on interest-earning assets and the average cost of interest-bearing liabilities decreased one basis point during the fourth quarter of 2016 in comparison to the third quarter of 2016.

For the year ended December 31, 2016, net interest income increased $20.8 million, or 4.2 percent, from 2015. Net interest margin decreased three basis points, or 0.9 percent, to 3.18 percent. The average yield on interest-earnings assets decreased seven basis points and the average cost of interest-bearing liabilities decreased four basis points from 2015.

Average Balance Sheet

Total average assets for the fourth quarter of 2016 were $18.8 billion, an increase of $168.9 million from the third quarter of 2016. Average loans, net of unearned income, increased $263.6 million, or 1.9 percent, in comparison to the third quarter of 2016. Average loans and yields, by type, for the fourth quarter of 2016 in comparison to the third quarter of 2016, are summarized in the following table:

	Three Months Ended								Increase (decrease)
	December 31, 2016				September 30, 2016				in Balance
	Balance		Yield (1)		Balance		Yield (1)		$			%
	(dollars in thousands)
Average Loans, net of unearned income, by type:
Real estate - commercial mortgage	$	5,828,313	3.90	%	$	5,670,888	3.99	%	$	157,425		2.8	%
Commercial - industrial, financial, and agricultural	4,081,498		3.74	%	4,066,275		3.76	%	15,223			0.4	%
Real estate - home equity	1,633,668		4.05	%	1,640,913		4.08	%	(7,245		)	(0.4	)%
Real estate - residential mortgage	1,572,895		3.75	%	1,503,209		3.76	%	69,686			4.6	%
Real estate - construction	845,528		3.78	%	837,920		3.76	%	7,608			0.9	%
Consumer	289,864		5.25	%	281,517		5.31	%	8,347			3.0	%
Leasing and other	224,050		5.41	%	211,528		4.74	%	12,522			5.9	%
Total Average Loans, net of unearned income	$	14,475,816	3.90	%	$	14,212,250	3.93	%	$	263,566		1.9	%
(1) Presented on a tax-equivalent basis using a 35% Federal tax rate and statutory interest expense disallowances.

For the year ended December 31, 2016, average loans increased $797.1 million, or 6.0 percent, in comparison to 2015.

Total average liabilities increased $156.8 million, or 1.0 percent, from the third quarter of 2016, including a $316.3 million, or 2.1 percent, increase in average deposits. Average deposits and interest rates, by type, for the fourth quarter of 2016 in comparison to the third quarter of 2016, are summarized in the following table:

	Three Months Ended								Increase (decrease)
	December 31, 2016				September 30, 2016				in Balance
	Balance		Rate		Balance		Rate		$			%
	(dollars in thousands)
Average Deposits, by type:
Noninterest-bearing demand	$	4,331,894	—	%	$	4,227,639	—	%	$	104,255		2.5	%
Interest-bearing demand	3,714,391		0.21	%	3,602,448		0.19	%	111,943			3.1	%
Savings deposits	4,216,090		0.21	%	4,078,942		0.20	%	137,148			3.4	%
Total average demand and savings	12,262,375		0.14	%	11,909,029		0.13	%	353,346			3.0	%
Time deposits	2,777,203		1.09	%	2,814,258		1.07	%	(37,055		)	(1.3	)%
Total Average Deposits	$	15,039,578	0.31	%	$	14,723,287	0.31	%	$	316,291		2.1	%

For the year ended December 31, 2016, average deposits increased $838.4 million, or 6.1 percent, in comparison to 2015.

Asset Quality

Non-performing assets were $144.5 million, or 0.76 percent of total assets, at December 31, 2016, compared to $150.1 million, or 0.80 percent of total assets, at September 30, 2016 and $155.9 million, or 0.87 percent of total assets, at December 31, 2015.

Annualized net recoveries for the quarter ended December 31, 2016 were 0.03 percent of total average loans, compared to net charge-offs of 0.11 percent for the quarter ended September 30, 2016 and 0.02 percent for the quarter ended December 31, 2015. The allowance for credit losses as a percentage of non-performing loans was 130.2 percent at December 31, 2016, compared to 119.6 percent at September 30, 2016 and 118.4 percent at December 31, 2015.

During the fourth quarter of 2016, the Corporation recorded a $5.0 million provision for credit losses, compared to a $4.1 million provision for credit losses in the third quarter of 2016.

Non-interest Income

Non-interest income, excluding investment securities gains, increased $3.1 million, or 6.4 percent, in comparison to the third quarter of 2016. Mortgage banking income increased $2.4 million, or 53.7 percent. As a result of increasing interest rates, in the fourth quarter, a favorable $1.7 million adjustment was recorded to reduce the valuation allowance for mortgage servicing rights (MSR). This compares to a $1.3 million MSR impairment charge recorded in the prior quarter. Other increases in non-interest income were realized in Small Business Administration loan sale gains and debit card income, partially offset by decreases in commercial loan interest rate swap fees and merchant fee income.

For the year ended December 31, 2016, non-interest income, excluding investment securities gains, increased $14.9 million, or 8.6 percent, in comparison to 2015. This increase was primarily driven by increases in commercial loan interest rate swap fees, investment management and trust services income, mortgage banking income and merchant fees.

Gains on sales of investment securities increased $1.5 million in comparison to the third quarter of 2016. For the year ended December 31, 2016, gains on sales of investment securities decreased $6.5 million compared to 2015.

Non-interest Expense

Non-interest expense increased $7.8 million, or 6.5 percent, in the fourth quarter of 2016, compared to the third quarter of 2016. This increase was driven by a number of discrete items in the quarter, including $2.0 million of additional compensation awarded to employees who do not participate in an incentive compensation plan, approximately $730,000 of software costs

supporting our infrastructure, and $1.8 million of write downs primarily related to a branch closure and the reconfiguration of a building that is part of the Corporation’s long-term facilities plan.

For the year ended December 31, 2016, non-interest expense increased $15.0 million, or 3.2 percent, compared to 2015, excluding the loss on redemption of trust preferred securities. This increase was primarily due to higher salaries and benefits, software expenses, partially offset by decreases in other outside services, equipment expense, FDIC insurance and ORE expenses.

Income Taxes

Income taxes decreased $3.0 million, or 22.9%, in the fourth quarter of 2016, compared to the third quarter of 2016. The effective tax rate for the fourth quarter of 2016 was 19.5%, compared to 24.2% for the third quarter of 2016. This decrease largely resulted from an increase in net tax credits earned on community development investments.

About Fulton Financial

Fulton Financial Corporation is a Lancaster, Pennsylvania-based financial holding company that has banking offices in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through the following affiliates, headquartered as indicated: Fulton Bank, N.A., Lancaster, PA; Swineford National Bank, Middleburg, PA; Lafayette Ambassador Bank, Bethlehem, PA; FNB Bank, N.A., Danville, PA; Fulton Bank of New Jersey, Mt. Laurel, NJ; and The Columbia Bank, Columbia, MD.

The Corporation’s investment management and trust services are offered at all banks through Fulton Financial Advisors, a division of Fulton Bank, N.A. Residential mortgage lending is offered by all banks under the Fulton Mortgage Company brand.

Additional information on Fulton Financial Corporation 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" and similar expressions which are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, some of which are beyond the Corporation's control and ability to predict, that could cause actual results to differ materially from those expressed in the forward-looking statements.

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, 2015 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2016, June 30, 2016 and September 30, 2016, 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 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.

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

Exhibit 99.2
FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED ENDING BALANCE SHEETS (UNAUDITED)
dollars in thousands
																	% Change from
		December 31			September 30			June 30			March 31			December 31			September 30		December 31
		2016			2016			2016			2016			2015			2016		2015
ASSETS
	Cash and due from banks	$	118,763		$	86,497		$	84,647		$	83,479		$	101,120		37.3	%	17.4	%
	Other interest-earning assets	291,252			428,966			408,086			408,060			292,516			(32.1	)%	(0.4	)%
	Loans held for sale	28,697			27,836			34,330			19,719			16,886			3.1	%	69.9	%
	Investment securities	2,559,227			2,508,068			2,529,724			2,516,205			2,484,773			2.0	%	3.0	%
	Loans, net of unearned income	14,699,272			14,391,238			14,155,159			13,870,701			13,838,602			2.1	%	6.2	%
	Allowance for loan losses	(168,679		)	(162,526		)	(162,546		)	(163,841		)	(169,054		)	3.8	%	(0.2	)%
	Net loans	14,530,593			14,228,712			13,992,613			13,706,860			13,669,548			2.1	%	6.3	%
	Premises and equipment	217,806			228,009			228,861			228,057			225,535			(4.5	)%	(3.4	)%
	Accrued interest receivable	46,294			43,600			43,316			44,379			42,767			6.2	%	8.2	%
	Goodwill and intangible assets	531,556			531,556			531,556			531,556			531,556			—	%	—	%
	Other assets	620,059			617,818			626,902			583,939			550,017			0.4	%	12.7	%
	Total Assets	$	18,944,247		$	18,701,062		$	18,480,035		$	18,122,254		$	17,914,718		1.3	%	5.7	%
LIABILITIES AND SHAREHOLDERS' EQUITY
	Deposits	$	15,012,864		$	14,952,479		$	14,292,564		$	14,404,280		$	14,132,317		0.4	%	6.2	%
	Short-term borrowings	541,317			264,042			722,214			352,883			497,663			105.0	%	8.8	%
	Other liabilities	339,548			389,819			392,708			326,128			293,302			(12.9	)%	15.8	%
	FHLB advances and long-term debt	929,403			965,286			965,552			965,654			949,542			(3.7	)%	(2.1	)%
	Total Liabilities	16,823,132			16,571,626			16,373,038			16,048,945			15,872,824			1.5	%	6.0	%
	Shareholders' equity	2,121,115			2,129,436			2,106,997			2,073,309			2,041,894			(0.4	)%	3.9	%
	Total Liabilities and Shareholders' Equity	$	18,944,247		$	18,701,062		$	18,480,035		$	18,122,254		$	17,914,718		1.3	%	5.7	%
LOANS, DEPOSITS AND SHORT-TERM BORROWINGS DETAIL:
Loans, by type:
	Real estate - commercial mortgage	$	6,018,582		$	5,818,915		$	5,635,347		$	5,558,108		$	5,462,330		3.4	%	10.2	%
	Commercial - industrial, financial and agricultural	4,087,486			4,024,119			4,099,177			4,035,333			4,088,962			1.6	%	—	%
	Real estate - home equity	1,625,115			1,640,421			1,647,319			1,659,481			1,684,439			(0.9	)%	(3.5	)%
	Real estate - residential mortgage	1,601,994			1,542,696			1,447,292			1,377,459			1,376,160			3.8	%	16.4	%
	Real estate - construction	843,649			861,634			853,699			810,872			799,988			(2.1	)%	5.5	%
	Consumer	291,470			283,673			278,071			263,221			268,588			2.7	%	8.5	%
	Leasing and other	230,976			219,780			194,254			166,227			158,135			5.1	%	46.1	%
	Total Loans, net of unearned income	$	14,699,272		$	14,391,238		$	14,155,159		$	13,870,701		$	13,838,602		2.1	%	6.2	%
Deposits, by type:
	Noninterest-bearing demand	$	4,376,137		$	4,210,099		$	4,125,375		$	4,134,861		$	3,948,114		3.9	%	10.8	%
	Interest-bearing demand	3,703,712			3,703,048			3,358,536			3,430,206			3,451,207			—	%	7.3	%
	Savings and money market accounts	4,179,773			4,235,015			3,986,008			3,972,199			3,868,046			(1.3	)%	8.1	%
	Time deposits	2,753,242			2,804,317			2,822,645			2,867,014			2,864,950			(1.8	)%	(3.9	)%
	Total Deposits	$	15,012,864		$	14,952,479		$	14,292,564		$	14,404,280		$	14,132,317		0.4	%	6.2	%
Short-term borrowings, by type:
	Customer repurchase agreements	$	195,734		$	189,727		$	168,521		$	162,431		$	111,496		3.2	%	75.6	%
	Customer short-term promissory notes	67,013			65,871			69,509			76,807			78,932			1.7	%	(15.1	)%
	Short-term FHLB advances	—			—			35,000			81,000			110,000			N/M		(100.0	)%
	Federal funds purchased	278,570			8,444			449,184			32,645			197,235			N/M		41.2	%
	Total Short-term Borrowings	$	541,317		$	264,042		$	722,214		$	352,883		$	497,663		105.0	%	8.8	%
N/M - Not meaningful

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
in thousands, except per-share data and percentages
		Three Months Ended															% Change from				Year ended
		Dec 31			Sep 30			Jun 30			Mar 31			Dec 31			Sep 30		Dec 31		December 31
		2016			2016			2016			2016			2015			2016		2015		2016			2015			% Change
Interest Income:
	Interest income	$	153,012		$	151,468		$	149,309		$	149,311		$	147,560		1.0	%	3.7	%	$	603,100		$	583,789		3.3	%
	Interest expense	20,775			20,903			20,393			20,257			19,761			(0.6	)%	5.1	%	82,328			83,795			(1.8	)%
	Net Interest Income	132,237			130,565			128,916			129,054			127,799			1.3	%	3.5	%	520,772			499,994			4.2	%
	Provision for credit losses	5,000			4,141			2,511			1,530			2,750			20.7	%	81.8	%	13,182			2,250			N/M
	Net Interest Income after Provision	127,237			126,424			126,405			127,524			125,049			0.6	%	1.7	%	507,590			497,744			2.0	%
Non-Interest Income:
	Other service charges and fees	13,333			14,407			12,983			10,750			12,676			(7.5	)%	5.2	%	51,473			43,992			17.0	%
	Service charges on deposit accounts	12,814			13,078			12,896			12,558			12,909			(2.0	)%	(0.7	)%	51,346			50,097			2.5	%
	Investment management and trust services	11,610			11,425			11,247			10,988			10,920			1.6	%	6.3	%	45,270			44,056			2.8	%
	Mortgage banking income	6,959			4,529			3,897			4,030			4,317			53.7	%	61.2	%	19,415			18,208			6.6	%
	Other	6,514			4,708			5,038			3,864			4,241			38.4	%	53.6	%	20,124			16,420			22.6	%
	Non-Interest Income before Investment Securities Gains	51,230			48,147			46,061			42,190			45,063			6.4	%	13.7	%	187,628			172,773			8.6	%
	Investment securities gains	1,525			2			76			947			776			N/M		96.5	%	2,550			9,066			(71.9	)%
	Total Non-Interest Income	52,755			48,149			46,137			43,137			45,839			9.6	%	15.1	%	190,178			181,839			4.6	%
Non-Interest Expense:
	Salaries and employee benefits	73,256			70,696			70,029			69,372			65,467			3.6	%	11.9	%	283,353			260,832			8.6	%
	Net occupancy expense	11,798			11,782			11,811			12,220			11,566			0.1	%	2.0	%	47,611			47,777			(0.3	)%
	Other outside services	6,536			5,783			5,508			6,056			6,537			13.0	%	—	%	23,883			27,785			(14.0	)%
	Software	4,912			4,117			3,953			3,921			4,068			19.3	%	20.7	%	16,903			14,746			14.6	%
	Data processing	4,530			4,610			5,476			5,400			5,127			(1.7	)%	(11.6	)%	20,016			19,894			0.6	%
	Equipment expense	3,408			3,137			2,872			3,371			3,626			8.6	%	(6.0	)%	12,788			14,514			(11.9	)%
	Professional fees	2,783			2,535			3,353			2,333			2,814			9.8	%	(1.1	)%	11,004			11,244			(2.1	)%
	FDIC insurance expense	2,067			1,791			2,960			2,949			2,896			15.4	%	(28.6	)%	9,767			11,470			(14.8	)%
	Marketing	1,730			1,774			1,916			1,624			1,754			(2.5	)%	(1.4	)%	7,044			7,324			(3.8	)%
	Operating risk loss	733			556			986			540			987			31.8	%	(25.7	)%	2,815			3,624			(22.3	)%
	Other real estate owned and repossession expense	181			742			365			638			1,123			(75.6	)%	(83.9	)%	1,926			3,630			(46.9	)%
	Intangible amortization	—			—			—			—			6			—	%	N/M		—			247			N/M
	Loss on redemption of trust preferred securities	—			—			—			—			—			—	%	—	%	—			5,626			N/M
	Other	15,687			12,325			12,408			11,989			12,468			27.3	%	25.8	%	52,409			51,447			1.9	%
	Total Non-Interest Expense	127,621			119,848			121,637			120,413			118,439			6.5	%	7.8	%	489,519			480,160			1.9	%
	Income Before Income Taxes	52,371			54,725			50,905			50,248			52,449			(4.3	)%	(0.1	)%	208,249			199,423			4.4	%
	Income tax expense	10,221			13,257			11,155			11,991			13,914			(22.9	)%	(26.5	)%	46,624			49,921			(6.6	)%
	Net Income	$	42,150		$	41,468		$	39,750		$	38,257		$	38,535		1.6	%	9.4	%	$	161,625		$	149,502		8.1	%
PER SHARE:
	Net income:
	Basic	$	0.24		$	0.24		$	0.23		$	0.22		$	0.22		—	%	9.1	%	$	0.93		$	0.85		9.4	%
	Diluted	0.24			0.24			0.23			0.22			0.22			—	%	9.1	%	0.93			0.85			9.4	%
	Cash dividends	$	0.12		$	0.10		$	0.10		$	0.09		$	0.11		20.0	%	9.1	%	$	0.41		$	0.38		7.9	%
	Shareholders' equity	12.19			12.30			12.17			11.96			11.72			(0.9	)%	4.0	%	12.19			11.72			4.0	%
	Shareholders' equity (tangible)	9.13			9.23			9.10			8.89			8.67			(1.1	)%	5.3	%	9.13			8.67			5.3	%
	Weighted average shares (basic)	173,554			173,020			173,394			173,331			173,709			0.3	%	(0.1	)%	173,325			175,721			(1.4	)%
	Weighted average shares (diluted)	174,874			174,064			174,318			174,416			174,833			0.5	%	—	%	174,418			176,774			(1.3	)%
	Shares outstanding, end of period	174,040			173,144			173,139			173,393			174,176			0.5	%	(0.1	)%	174,040			174,176			(0.1	)%
SELECTED FINANCIAL RATIOS:
	Return on average assets	0.89		%	0.89		%	0.88		%	0.86		%	0.86		%					0.88		%	0.86		%
	Return on average shareholders' equity	7.86		%	7.78		%	7.65		%	7.47		%	7.51		%					7.69		%	7.38		%
	Return on average shareholders' equity (tangible)	10.47		%	10.38		%	10.26		%	10.07		%	10.16		%					10.30		%	10.01		%
	Net interest margin	3.15		%	3.14		%	3.20		%	3.23		%	3.19		%					3.18		%	3.21		%
	Efficiency ratio	67.60		%	65.16		%	67.59		%	68.33		%	66.63		%					67.16		%	68.61		%
N/M - Not meaningful

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)
dollars in thousands
		Three Months Ended
		December 31, 2016								September 30, 2016								December 31, 2015
		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	$	14,475,816		$	141,826		3.90%		$	14,212,250		$	140,434		3.93%		$	13,659,266		$	136,317		3.96%
	Taxable investment securities	2,096,086			10,941			2.07%		2,110,084			10,872			2.06%		2,170,397			11,801			2.17%
	Tax-exempt investment securities	389,047			4,234			4.35%		344,231			3,923			4.56%		246,727			3,085			5.00%
	Equity securities	13,068			181			5.52%		14,209			196			5.50%		15,524			208			5.33%
	Total Investment Securities	2,498,201			15,356			2.45%		2,468,524			14,991			2.43%		2,432,648			15,094			2.48%
	Loans held for sale	24,411			199			3.26%		22,593			210			3.72%		15,713			169			4.31%
	Other interest-earning assets	411,369			966			0.94%		501,666			1,051			0.84%		399,309			864			0.86%
	Total Interest-earning Assets	17,409,797			158,347			3.62%		17,205,033			156,686			3.63%		16,506,936			152,444			3.67%
Noninterest-earning assets:
	Cash and due from banks	117,741								101,927								106,810
	Premises and equipment	226,482								227,906								226,335
	Other assets	1,171,031								1,219,844								1,108,094
	Less: allowance for loan losses	(164,523		)						(163,074		)						(169,251		)
	Total Assets	$	18,760,528							$	18,591,636							$	17,778,924
LIABILITIES AND SHAREHOLDERS' EQUITY
Interest-bearing liabilities:
	Demand deposits	$	3,714,391		$	1,927		0.21%		$	3,602,448		$	1,706		0.19%		$	3,411,904		$	1,207		0.13%
	Savings and money market accounts	4,216,090			2,249			0.21%		4,078,942			2,042			0.20%		3,903,741			1,633			0.17%
	Time deposits	2,777,203			7,593			1.09%		2,814,258			7,562			1.07%		2,903,715			7,549			1.03%
	Total Interest-bearing Deposits	10,707,684			11,769			0.44%		10,495,648			11,310			0.43%		10,219,360			10,389			0.40%
	Short-term borrowings	308,094			116			0.15%		426,369			254			0.23%		281,497			100			0.14%
	FHLB advances and long-term debt	947,661			8,891			3.74%		965,228			9,338			3.86%		950,792			9,272			3.88%
	Total Interest-bearing Liabilities	11,963,439			20,776			0.69%		11,887,245			20,902			0.70%		11,451,649			19,761			0.69%
Noninterest-bearing liabilities:
	Demand deposits	4,331,894								4,227,639								3,999,118
	Other	332,540								356,156								291,388
	Total Liabilities	16,627,873								16,471,040								15,742,155
	Shareholders' equity	2,132,655								2,120,596								2,036,769
	Total Liabilities and Shareholders' Equity	$	18,760,528							$	18,591,636							$	17,778,924
	Net interest income/net interest margin (fully taxable equivalent)				137,571			3.15%					135,784			3.14%					132,683			3.19%
	Tax equivalent adjustment				(5,334		)						(5,219		)						(4,884		)
	Net interest income				$	132,237							$	130,565							$	127,799
	(1) Presented on a tax-equivalent basis using a 35% Federal tax rate and statutory interest expense disallowances.
AVERAGE LOANS, DEPOSITS AND SHORT-TERM BORROWINGS DETAIL:
		Three Months Ended														% Change from
		Dec 31			Sep 30			Jun 30		Mar 31			Dec 31			Sep 30		Dec 31
		2016			2016			2016		2016			2015			2016		2015
Loans, by type:
	Real estate - commercial mortgage	$	5,828,313		$	5,670,888		$	5,557,680	$	5,487,421		$	5,365,640		2.8	%	8.6		%
	Commercial - industrial, financial and agricultural	4,081,498			4,066,275			4,080,524		4,095,268			4,035,287			0.4	%	1.1		%
	Real estate - home equity	1,633,668			1,640,913			1,656,140		1,674,032			1,694,455			(0.4	)%	(3.6		)%
	Real estate - residential mortgage	1,572,895			1,503,209			1,399,851		1,381,409			1,377,116			4.6	%	14.2		%
	Real estate - construction	845,528			837,920			820,881		792,014			765,555			0.9	%	10.4		%
	Consumer	289,864			281,517			272,293		263,295			267,726			3.0	%	8.3		%
	Leasing and other	224,050			211,528			178,655		159,981			153,487			5.9	%	46.0		%
	Total Loans, net of unearned income	$	14,475,816		$	14,212,250		$	13,966,024	$	13,853,420		$	13,659,266		1.9	%	6.0		%
Deposits, by type:
	Noninterest-bearing demand	$	4,331,894		$	4,227,639		$	4,077,642	$	3,967,887		$	3,999,118		2.5	%	8.3		%
	Interest-bearing demand	3,714,391			3,602,448			3,454,031		3,438,355			3,411,904			3.1	%	8.9		%
	Savings and money market accounts	4,216,090			4,078,942			3,989,988		3,932,824			3,903,741			3.4	%	8.0		%
	Time deposits	2,777,203			2,814,258			2,844,434		2,867,651			2,903,715			(1.3	)%	(4.4		)%
	Total Deposits	$	15,039,578		$	14,723,287		$	14,366,095	$	14,206,717		$	14,218,478		2.1	%	5.8		%
Short-term borrowings, by type:
	Customer repurchase agreements	$	200,126		$	187,588		$	180,595	$	171,408		$	142,004		6.7	%	40.9		%
	Customer short-term promissory notes	67,355			70,072			77,535		74,013			80,568			(3.9	)%	(16.4		)%
	Federal funds purchased	40,613			148,546			138,012		183,970			44,468			(72.7	)%	(8.7		)%
	Short-term FHLB advances and other borrowings	—			20,163			7,527		16,011			14,457			(100.0	)%	(100.0		)%
	Total Short-term Borrowings	$	308,094		$	426,369		$	403,669	$	445,402		$	281,497		(27.7	)%	9.4		%

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)
dollars in thousands
		Year Ended December 31
		2016								2015
		Average								Average
		Balance			Interest (1)			Yield/Rate		Balance			Interest (1)			Yield/Rate
ASSETS
Interest-earning assets:
	Loans, net of unearned income	$	14,128,064		$	558,472		3.95	%	$	13,330,973		$	537,979		4.04	%
	Taxable investment securities	2,128,497			44,975			2.11	%	2,093,829			45,279			2.16	%
	Tax-exempt investment securities	327,098			14,865			4.54	%	230,633			12,120			5.26	%
	Equity securities	13,969			780			5.58	%	23,348			1,294			5.54	%
	Total Investment Securities	2,469,564			60,620			2.45	%	2,347,810			58,693			2.50	%
	Loans held for sale	19,697			728			3.70	%	19,937			801			4.02	%
	Other interest-earning assets	407,471			3,779			0.93	%	447,354			4,786			1.07	%
	Total Interest-earning Assets	17,024,796			623,599			3.66	%	16,146,074			602,259			3.73	%
Noninterest-earning assets:
	Cash and due from banks	104,772								105,359
	Premises and equipment	227,047								226,436
	Other assets	1,179,437								1,103,427
	Less: allowance for loan losses	(164,879		)						(174,453		)
	Total Assets	$	18,371,173							$	17,406,843
LIABILITIES AND SHAREHOLDERS' EQUITY
Interest-bearing liabilities:
	Demand deposits	$	3,552,886		$	6,654		0.19	%	$	3,255,192		$	4,299		0.13	%
	Savings and money market accounts	4,054,970			7,981			0.20	%	3,677,079			5,435			0.15	%
	Time deposits	2,825,722			30,058			1.06	%	2,988,648			30,748			1.03	%
	Total Interest-bearing Deposits	10,433,578			44,693			0.43	%	9,920,919			40,482			0.41	%
	Short-term borrowings	395,727			855			0.21	%	323,772			372			0.11	%
	FHLB advances and long-term debt	959,142			36,780			3.83	%	1,023,972			42,941			4.19	%
	Total Interest-bearing Liabilities	11,788,447			82,328			0.70	%	11,268,663			83,795			0.74	%
Noninterest-bearing liabilities:
	Demand deposits	4,151,967								3,826,194
	Other	330,125								285,103
	Total Liabilities	16,270,539								15,379,960
	Shareholders' equity	2,100,634								2,026,883
	Total Liabilities and Shareholders' Equity	$	18,371,173							$	17,406,843
	Net interest income/net interest margin (fully taxable equivalent)				541,271			3.18	%				518,464			3.21	%
	Tax equivalent adjustment				(20,499		)						(18,470		)
	Net interest income				$	520,772							$	499,994
(1) Presented on a tax-equivalent basis using a 35% Federal tax rate and statutory interest expense disallowances.
AVERAGE LOANS, DEPOSITS AND SHORT-TERM BORROWINGS DETAIL:
		Year Ended
		December 31
		2016			2015			% Change
Loans, by type:
	Real estate - commercial mortgage	$	5,636,696		$	5,246,054		7.4	%
	Commercial - industrial, financial and agricultural	4,080,854			3,882,998			5.1	%
	Real estate - home equity	1,651,112			1,700,851			(2.9	)%
	Real estate - residential mortgage	1,464,744			1,371,321			6.8	%
	Real estate - construction	824,182			726,914			13.4	%
	Consumer	276,792			265,688			4.2	%
	Leasing and other	193,684			137,147			41.2	%
	Total Loans, net of unearned income	$	14,128,064		$	13,330,973		6.0	%
Deposits, by type:
	Noninterest-bearing demand	$	4,151,967		$	3,826,194		8.5	%
	Interest-bearing demand	3,552,886			3,255,192			9.1	%
	Savings and money market accounts	4,054,970			3,677,079			10.3	%
	Time deposits	2,825,722			2,988,648			(5.5	)%
	Total Deposits	$	14,585,545		$	13,747,113		6.1	%
Short-term borrowings, by type:
	Customer repurchase agreements	$	184,978		$	161,093		14.8	%
	Customer short-term promissory notes	72,224			81,530			(11.4	)%
	Federal funds purchased	127,604			65,779			94.0	%
	Short-term FHLB advances and other borrowings	10,921			15,370			(28.9	)%
	Total Short-term Borrowings	$	395,727		$	323,772		22.2	%

FULTON FINANCIAL CORPORATION
ASSET QUALITY INFORMATION (UNAUDITED)
dollars in thousands
		Three Months Ended															Year Ended
		Dec 31			Sep 30			Jun 30			Mar 31			Dec 31			Dec 31
		2016			2016			2016			2016			2015			2016			2015
ALLOWANCE FOR CREDIT LOSSES:
Balance at beginning of period		$	165,169		$	165,108		$	166,065		$	171,412		$	169,395		$	171,412		$	185,931
	Loans charged off:
	Commercial - industrial, financial and agricultural	(1,319		)	(3,144		)	(4,625		)	(6,188		)	(970		)	(15,276		)	(15,639		)
	Consumer and home equity	(2,156		)	(1,394		)	(1,614		)	(2,548		)	(1,466		)	(7,712		)	(5,831		)
	Real estate - commercial mortgage	(174		)	(1,350		)	(1,474		)	(582		)	(1,207		)	(3,580		)	(4,218		)
	Real estate - residential mortgage	(116		)	(802		)	(340		)	(1,068		)	(513		)	(2,326		)	(3,612		)
	Real estate - construction	—			(150		)	(742		)	(326		)	—			(1,218		)	(201		)
	Leasing and other	(589		)	(832		)	(1,951		)	(443		)	(1,304		)	(3,815		)	(2,656		)
	Total loans charged off	(4,354		)	(7,672		)	(10,746		)	(11,155		)	(5,460		)	(33,927		)	(32,157		)
Recoveries of loans previously charged off:
	Commercial - industrial, financial and agricultural	2,192			1,539			2,931			2,319			1,409			8,981			5,264
	Consumer and home equity	580			463			889			534			825			2,466			2,492
	Real estate - commercial mortgage	885			296			1,367			825			1,072			3,373			2,801
	Real estate - residential mortgage	288			228			420			136			775			1,072			1,322
	Real estate - construction	1,080			898			1,563			383			548			3,924			2,824
	Leasing and other	485			168			108			81			98			842			685
	Recoveries of loans previously charged off	5,510			3,592			7,278			4,278			4,727			20,658			15,388
Net loans recovered (charged off)		1,156			(4,080		)	(3,468		)	(6,877		)	(733		)	(13,269		)	(16,769		)
Provision for credit losses		5,000			4,141			2,511			1,530			2,750			13,182			2,250
Balance at end of period		$	171,325		$	165,169		$	165,108		$	166,065		$	171,412		$	171,325		$	171,412
Net charge-offs (recoveries) to average loans (annualized)		(0.03		)%	0.11		%	0.10		%	0.20		%	0.02		%	0.09		%	0.13		%
NON-PERFORMING ASSETS:
	Non-accrual loans	$	120,133		$	124,017		$	111,742		$	122,170		$	129,523
	Loans 90 days past due and accruing	11,505			14,095			15,992			15,013			15,291
	Total non-performing loans	131,638			138,112			127,734			137,183			144,814
	Other real estate owned	12,815			11,981			11,918			10,946			11,099
	Total non-performing assets	$	144,453		$	150,093		$	139,652		$	148,129		$	155,913
NON-PERFORMING LOANS, BY TYPE:
	Commercial - industrial, financial and agricultural	$	43,460		$	47,330		$	38,902		$	39,140		$	44,071
	Real estate - commercial mortgage	39,319			39,631			35,704			43,132			41,170
	Real estate - residential mortgage	23,655			23,451			25,030			25,182			28,484
	Consumer and home equity	15,045			16,426			16,061			16,210			17,123
	Real estate - construction	9,842			11,223			11,879			12,005			12,460
	Leasing	317			51			158			1,514			1,506
	Total non-performing loans	$	131,638		$	138,112		$	127,734		$	137,183		$	144,814
TROUBLED DEBT RESTRUCTURINGS (TDRs), BY TYPE:
	Real-estate - residential mortgage	$	27,617		$	26,854		$	27,324		$	27,565		$	28,511
	Real-estate - commercial mortgage	15,957			16,085			17,808			17,427			17,563
	Consumer and home equity	8,633			7,707			7,191			6,562			4,589
	Commercial - industrial, financial and agricultural	6,627			7,488			5,756			5,650			5,953
	Real estate - construction	726			843			3,086			3,092			3,942
	Total accruing TDRs	$	59,560		$	58,977		$	61,165		$	60,296		$	60,558
	Non-accrual TDRs (1)	27,850			27,904			24,887			27,277			31,035
	Total TDRs	$	87,410		$	86,881		$	86,052		$	87,573		$	91,593
(1) Included within non-accrual loans above.

DELINQUENCY RATES, BY TYPE:
		Total Delinquency
		Dec 31		Sep 30		Jun 30		Mar 31		Dec 31
		2016		2016		2016		2016		2015
	Real estate - commercial mortgage	0.78	%	0.87	%	0.81	%	0.93	%	0.91	%
	Commercial - industrial, financial and agricultural	1.31	%	1.48	%	1.25	%	1.46	%	1.27	%
	Real estate - construction	1.29	%	1.61	%	1.93	%	2.00	%	1.87	%
	Real estate - residential mortgage	2.74	%	2.67	%	2.70	%	3.10	%	3.40	%
	Consumer, home equity, leasing and other	1.45	%	1.53	%	1.47	%	1.48	%	1.58	%
	Total
		1.27	%	1.38	%	1.30	%	1.44	%	1.41	%
ASSET QUALITY RATIOS:		Dec 31		Sep 30		Jun 30		Mar 31		Dec 31
		2016		2016		2016		2016		2015
	Non-accrual loans to total loans	0.82	%	0.86	%	0.79	%	0.88	%	0.94	%
	Non-performing loans to total loans	0.90	%	0.96	%	0.90	%	0.99	%	1.05	%
	Non-performing assets to total loans and OREO	0.98	%	1.04	%	0.99	%	1.07	%	1.13	%
	Non-performing assets to total assets	0.76	%	0.80	%	0.76	%	0.82	%	0.87	%
	Allowance for credit losses to loans outstanding	1.17	%	1.15	%	1.17	%	1.20	%	1.24	%
	Allowance for credit losses to non-performing loans	130.15	%	119.59	%	129.26	%	121.05	%	118.37	%
	Non-performing assets to tangible common shareholders' equity and allowance for credit losses	8.20	%	8.51	%	8.02	%	8.67	%	9.27	%

FULTON FINANCIAL CORPORATION
RECONCILIATION OF GAAP TO NON-GAAP MEASURES (UNAUDITED)
in thousands, except per share data and percentages
Explanatory note:	This press release contains certain 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 quarterly 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															Year Ended
		Dec 31			Sep 30			Jun 30			Mar 31			Dec 31			Dec 31			Dec 31
		2016			2016			2016			2016			2015			2016			2015
Shareholders' equity (tangible), per share
Shareholders' equity		$	2,121,115		$	2,129,436		$	2,106,997		$	2,073,309		$	2,041,894
Less: Goodwill and intangible assets		(531,556		)	(531,556		)	(531,556		)	(531,556		)	(531,556		)
Tangible shareholders' equity (numerator)		$	1,589,559		$	1,597,880		$	1,575,441		$	1,541,753		$	1,510,338
Shares outstanding, end of period (denominator)		174,040			173,144			173,139			173,393			174,176
Shareholders' equity (tangible), per share		$	9.13		$	9.23		$	9.10		$	8.89		$	8.67
Return on average common shareholders' equity (tangible)
Net income		$	42,150		$	41,468		$	39,750		$	38,257		$	38,535		$	161,625		$	149,502
Plus: Intangible amortization, net of tax		—			—			—			—			4			—			161
Numerator		$	42,150		$	41,468		$	39,750		$	38,257		$	38,539		$	161,625		$	149,663
Average shareholders' equity		$	2,132,655		$	2,120,596		$	2,089,915		$	2,058,799		$	2,036,769		$	2,100,634		$	2,026,883
Less: Average goodwill and intangible assets		(531,556		)	(531,556		)	(531,556		)	(531,556		)	(531,559		)	(531,556		)	(531,618		)
Average tangible shareholders' equity (denominator)		$	1,601,099		$	1,589,040		$	1,558,359		$	1,527,243		$	1,505,210		$	1,569,078		$	1,495,265
Return on average common shareholders' equity (tangible), annualized		10.47		%	10.38		%	10.26		%	10.07		%	10.16		%	10.30		%	10.01		%
Efficiency ratio
Non-interest expense		$	127,621		$	119,848		$	121,637		$	120,413		$	118,439		$	489,519		$	480,160
Less: Intangible amortization		—			—			—			—			(6		)	—			(247		)
Less: Loss on redemption of trust preferred securities		—			—			—			—			—			—			(5,626		)
Numerator		$	127,621		$	119,848		$	121,637		$	120,413		$	118,433		$	489,519		$	474,287
Net interest income (fully taxable equivalent)		$	137,571		$	135,784		$	133,890		$	134,026		$	132,683		$	541,271		$	518,464
Plus: Total Non-interest income		52,755			48,149			46,137			43,137			45,839			190,178			181,839
Less: Investment securities gains		(1,525		)	(2		)	(76		)	(947		)	(776		)	(2,550		)	(9,066		)
Denominator		$	188,801		$	183,931		$	179,951		$	176,216		$	177,746		$	728,899		$	691,237
Efficiency ratio		67.60		%	65.16		%	67.59		%	68.33		%	66.63		%	67.16		%	68.61		%
Non-performing assets to tangible common shareholders' equity and allowance for credit losses
Non-performing assets (numerator)		$	144,453		$	150,093		$	139,652		$	148,129		$	155,913
Tangible shareholders' equity		$	1,589,559		$	1,597,880		1,575,441			1,541,753			$	1,510,338
Plus: Allowance for credit losses		171,325			165,169			165,108			166,065			171,412
Tangible shareholders' equity and allowance for credit losses (denominator)		$	1,760,884		$	1,763,049		$	1,740,549		$	1,707,818		$	1,681,750
Non-performing assets to tangible common shareholders' equity and allowance for credit losses		8.20		%	8.51		%	8.02		%	8.67		%	9.27		%
Pre-provision net revenue
Net interest income		$	132,237		$	130,565		$	128,916		$	129,054		$	127,799		$	520,772		$	499,994
Non-interest income		52,755			48,149			46,137			43,137			45,839			190,178			181,839
Less: Investment securities gains		(1,525		)	(2		)	(76		)	(947		)	(776		)	(2,550		)	(9,066		)
Total revenue		$	183,467		$	178,712		$	174,977		$	171,244		$	172,862		$	708,400		$	672,767
Non-interest expense		$	127,621		$	119,848		$	121,637		$	120,413		$	118,439		$	489,519		$	480,160
Less: Loss on redemption of TruPS		—			—			—			—			—			—			(5,626		)
Total non-interest expense, as adjusted		$	127,621		$	119,848		$	121,637		$	120,413		$	118,439		$	489,519		$	474,534
Pre-provision net revenue		$	55,846		$	58,864		$	53,340		$	50,831		$	54,423		$	218,881		$	198,233

EX-99.3

D A T A A S O F D E C E M B E R 3 1 , 2 0 1 6 U N L E S S O T H E R W I S E N O T E D 2016 AND FOURTH QUARTER RESULTS

FORWARD-LOOKING STATEMENTS This presentation may contain forward-looking statements with respect to Fulton Financial 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” and similar expressions which are intended to identify forward-looking statements. Management’s “2017 Outlook” contained herein is comprised of forward-looking statements. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, some of which are beyond the Corporation’s control and ability to predict, that could cause actual results to differ materially from those expressed in the forward-looking statements. 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, 2015 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2016, June 30, 2016 and September 30, 2016, 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

2016 HIGHLIGHTS Diluted Earnings Per Share • $0.24 diluted earnings per share in 4Q16, $0.93 YTD Loan and Core Deposit Growth • 6.0% annual increase in average loans and 9.3% annual increase in average core deposits • Ending loans increased 6.2% in 2016 Net Interest Income & Margin • Net interest income increased 4.2% in 2016 while net interest margin decreased 3 bps • 4Q16 saw an increase in each compared to 3Q16 Asset Quality • Increase in provision, driven by loan growth, with lower net charge-offs and delinquencies Non-Interest Income (Excluding Securities Gains) • Increase of 8.6% in 2016, with increases in most categories Non-Interest Expenses (Excluding Loss on Redemption of TruPS) • Increase of 3.2% in 2016 reflecting continued investment in revenue generating personnel, as well as investments in back office infrastructure 3

INCOME STATEMENT SUMMARY – ANNUAL COMPARISON (1) ROA is return an average assets determined by dividing net income for the period indicated by average assets (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. Net Income of $161.6 million, up 8.1% due primarily to higher net interest income and non- interest income, partially offset by higher loan loss provision and higher non-interest expense Net Interest Income Net interest income up 4.2%, due to 5.4% increase in average interest earning assets, partially offset by lower net interest margin  Loan Loss Provision $13.2 million provision in 2016, driven by loan growth Non-Interest Income Increase of 8.6% driven primarily by commercial loan interest rate swap fees, SBA loan sale gains, IMTS, mortgage banking income and merchant fees Non-Interest Expense Increase of 3.2% largely driven by higher salaries and benefits and software amortization expense, partially offset by lower outside services Effective Tax Rate Declined due to higher net tax credits in 2016 arising from community development investments 2016 2015 Change Net Interest Income 520,772$ 499,994$ 20,778$ Loan Loss Provision 13,182 2,250 10,932 Non-Interest Income 187,628 172,773 14,855 Securities Gains 2,550 9,066 (6,516) Non-Interest Expense 489,519 474,534 14,985 Loss on redemption of TruPS - 5,626 (5,626) Income before Income Taxes 208,249 199,423 8,826 Income Taxes 46,624 49,921 (3,297) Net Income 161,625$ 149,502$ 12,123$ Per Share (Diluted) 0.93$ 0.85$ 0.08$ ROA (1) 0.88% 0.86% 0.02% ROE (tangible) (2) 10.30% 10.01% 0.29% Efficiency ratio (2) 67.2% 68.6% (1.4%) (dollars in thousands, except per-share data) 4

INCOME STATEMENT SUMMARY – QUARTERLY COMPARISON Net Income of $42.2 million; a 1.6% increase from 3Q16 and a 9.4% increase from 4Q15 Net Interest Income  From 3Q16: Increase of 1.3% due to a 1.2% increase in average earning assets and a 1 bp improvement in net interest margin (NIM)  From 4Q15: Increase of 3.5% due to 5.5% increase in average earning assets being partially offset by a 4 bp decrease in NIM Loan Loss Provision $5.0 million provision in 4Q16 due primarily to loan growth and one non-performing commercial loan Non-Interest Income From 3Q16 and 4Q15: Increase of 6.4% and 13.7%, respectively, primarily driven by increases in mortgage banking income and SBA loan sale gains Non-Interest Expenses  From 3Q16: Increase of 6.5% due to higher salaries and benefits and property write-offs  From 4Q15: Increase of 7.8% primarily due to higher salaries and benefits Effective Tax Rate Lower effective tax rate due largely to rehabilitation tax credit on one community development investment in 4Q16 (1) ROA is return an average assets determined by dividing net income for the period indicated by average assets (2) Non-GAAP based financial measure. Please refer to the calculation and management’s reasons for using this measure on the slide titled “Non-GAAP Reconciliation” at the end of this presentation. 4Q16 3Q16 Change Net Interest Income 132,237$ 130,565$ 1,672$ Provision for Credit Losses 5,000 4,141 859 Non-Interest Income 51,230 48,147 3,083 Securities Gains 1,525 2 1,523 Non-Interest Expense 127,621 119,848 7,773 Income before Income Taxes 52,371 54,725 (2,354) Income Taxes 10,221 13,257 (3,036) Net Income 42,150$ 41,468$ 682$ Per Share (Diluted) 0.24$ 0.24$ -$ ROA (1) 0.89% 0.89% - ROE (tangible) (2) 10.47% 10.38% 0.09% Efficiency ratio (2) 67.6% 65.2% 2.4% (dollars in thousands, except per-share data) 5

NET INTEREST INCOME AND MARGIN – QUARTER COMPARISON Net Interest Income & Net Interest Margin ~ $730 million ~ $610 million $127.8 $129.1 $128.9 $130.6 $132.2 3.19% 3.23% 3.20% 3.14% 3.15% 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% $- $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0 4Q15 1Q16 2Q16 3Q16 4Q16 Net Interest Income Average Interest-Earning Assets & Yields Average Liabilities & Rates $2.8 $2.8 $2.8 $3.0 $2.9 $13.7 $13.9 $14.0 $14.2 $14.5 3.67% 3.72% 3.69% 3.63% 3.62% 0.0% 2.0% 4.0% $- $3.0 $6.0 $9.0 $12.0 $15.0 $18.0 4Q15 1Q16 2Q16 3Q16 4Q16 Securities & Other Loans Earning Asset Yield (FTE) $14.2 $14.2 $14.4 $14.7 $15.0 $1.2 $1.4 $1.4 $1.4 $1.3 0.69% 0.70% 0.70% 0.70% 0.69% 0.5% 0.7% 0.9% $- $3.0 $6.0 $9.0 $12.0 $15.0 4Q15 1Q16 2Q16 3Q16 4Q16 Deposits Borrowings Cost of Interest-bearing Liabilities ($ IN MILLIONS) ($ IN BILLIONS) ($ IN BILLIONS) 6

ASSET QUALITY – ANNUAL COMPARISON ($ IN MILLIONS) $40.5 $12.5 $2.3 $13.2 $- $10.0 $20.0 $30.0 $40.0 $50.0 2013 2014 2015 2016 Provision for Credit Losses Non-Performing Loans (NPLs) & NPLs to Loans 132.82% 134.26% 118.37% 130.15% 1.60% 1.42% 1.24% 1.17% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 0.0% 25.0% 50.0% 75.0% 100.0% 125.0% 150.0% 2013 2014 2015 2016 Allowance/NPLs Allowance/Loans Net Charge-offs (NCOs) and NCOs to Average Loans Allowance for Credit Losses (Allowance) to NPLs & Loans $61.0 $31.5 $16.8 $13.3 0.49% 0.24% 0.13% 0.09% 0.00% 0.50% 1.00% 1.50% 2.00% $- $40.0 $80.0 2013 2014 2015 2016 NCOs NCOs/Average Loans $154.3 $138.5 $144.8 $131.6 1.21 1.06% 1.05% 0.90% 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% $- $25.0 $50.0 $75.0 $100.0 $125.0 $150.0 $175.0 2013 2014 2015 2016 NPLs NPLs/Loans 7

NON-INTEREST INCOME – QUARTER COMPARISON ($ IN MILLIONS) Non-Interest Income, Excluding Securities Gains ~ $730 million ~ $610 million $45.1 $42.2 $46.1 $48.1 $51.2 $- $10.0 $20.0 $30.0 $40.0 $50.0 $60.0 4Q15 1Q16 2Q16 3Q16 4Q16 Mortgage Banking Income & Spreads Other Non-Interest Income 1.60% 1.28% 1.71% 1.73% 1.94% 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50% 4.00% $(1.0) $- $1.0 $2.0 $3.0 $4.0 $5.0 $6.0 $7.0 $8.0 4Q15 1Q16 2Q16(2) 3Q16(2) 4Q16(2) Gains on Sales Servicing Income Spread on Sales (1) $4.3 $4.0 $3.9 $4.5 $7.0 $- $5.0 $10.0 $15.0 $20.0 $25.0 $30.0 $35.0 $40.0 $45.0 4Q15 1Q16 2Q16 3Q16 4Q16 Invt Mgmt & Trust Srvs Deposit Srv Chgs Oth Srv Chgs Other $40.7 $38.2 $42.2 $43.6 $44.2 (1) Represents Gains on Sales divided by total new commitments to originate residential mortgage loans for customers. (2) Servicing income includes $1.7 and $1.3 million Mortgage Servicing Rights (MSR) impairment charges in 2Q16 and 3Q16, respectively, and a $1.7 million recovery in 4Q16. 8

NON-INTEREST EXPENSES – QUARTER COMPARISON ($ IN MILLIONS) Non-Interest Expense & Efficiency Ratio (1) ~ $730 million ~ $610 million $118.4 $120.4 $121.6 $119.8 $127.6 66.6% 68.3% 67.6% 65.2% 67.6% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% $- $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0 4Q15 1Q16 2Q16 3Q16 4Q16 Salaries and Employee Benefits & Staffing Other Non-Interest Expenses 3,520 3,491 - 2,000 4,000 6,000 $- $10.0 $20.0 $30.0 $40.0 $50.0 $60.0 $70.0 $80.0 4Q15 1Q16 2Q16 3Q16 4Q16 Total Salaries Employee Benefits Average Full-time Equivalent Employees $65.5 $69.4 $70.0 $70.7 $73.3 $- $10.0 $20.0 $30.0 $40.0 $5 .0 $60.0 4Q15 1Q16 2Q16 3Q16 4Q16 Occp & Equip Data Processing & Software Outside Srvs Other $52.9 $51.0 $51.6 $49.1 $54.4 (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. 9

$1.8 $2.1 $3.2 $4.3 $4.9 $4.6 $1.4 $8.6 $5.9 $4.1 13 26 30 45 47 56 $- $3.0 $6.0 $9.0 $12.0 0 10 20 30 40 50 60 70 2011 2012 2013 2014 2015 2016 Salarie s & Be nefits Expense Outsi de Consul ti ng Services and Te mpora ry Staffing (1) Staffing $0.8 $0.1 COMPLIANCE & RISK MANAGEMENT (1) Represents third-party consulting, legal and staffing services directly related to BSA/AML compliance program. To tal Exp e n se s, in m illio n s • Strengthening Risk Management and Compliance infrastructures • Address deficiencies within BSA/AML compliance • BSA/AML enforcement actions at the Corporation and banking subsidiaries • Significant investments in personnel, outside services and systems BSA/AML Compliance Program Expenses and Staffing To tal N u m b e r o f Em p lo ye e s at Pe ri o d E n d 10

PROFITABILITY & CAPITAL – ANNUAL COMPARISON ROA (1) ROE (tangible) (2) Tangible Common Equity Ratio (2) Diluted Earnings Per Common Share 10.76% 10.31% 10.01% 10.30% 0.00% 4.00% 8.00% 12.00% 2013 2014 2015 2016 0.96% 0.93% 0.86% 0.88% 0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 2013 2014 2015 2016 $ 0.83 $ 0.84 $ 0.85 $0.93 $- $0.25 $0.50 $0.75 $1. 0 2013 2014 2015 2016 (1) ROA is return an average assets determined by dividing net income for the period indicated by average assets. (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. 9.3% 8.8% 8.7% 8.6% 0.0% 4.0% 8.0% 12.0% 2013 4 2015 2016 11

2017 OUTLOOK • Loans & Deposits: Annual average growth rate in the mid- to high-single digits • Net Interest Margin: Modest improvement (flat to 5 basis points) on a quarterly basis in Q1 and Q2; Q3 and Q4 margin trends will be largely dependent upon changes in the federal funds rate and competitor actions. • Asset Quality: Provision driven primarily by loan growth • Non-Interest Income (Excluding Securities Gains): Mid- to high-single digit growth rate • Non-Interest Expense: Low- to mid-single digit growth rate • Capital: Focus on utilizing capital to support growth and provide appropriate returns to our shareholders 12

NON-GAAP RECONCILIATION D ec 31, Sep 30, Jun 30, M ar 31, D ec 31, 2016 2016 2016 2016 2015 2016 2015 Eff iciency rat io Non-interest expense 127,621$ 119,848$ 121,637$ 120,413$ 118,439$ 489,519$ 480,160$ Less: Intangible amortization - - - - (6) - (247) Less: Loss on redemption of trust preferred securities - - - - - - (5,626) Numerator 127,621$ 119,848$ 121,637$ 120,413$ 118,433$ 489,519$ 474,287$ Net interest income (fully taxable equivalent) 137,571$ 135,784$ 133,890$ 134,026$ 132,683$ 541,271$ 518,464$ P lus: Total Non-interest income 52,755 48,149 46,137 43,137 45,839 190,178 181,839 Less: Investment securities (gains) losses (1,525) (2) (76) (947) (776) (2,550) (9,066) Denominator 188,801$ 183,931$ 179,951$ 176,216$ 177,746$ 728,899$ 691,237$ Efficiency ratio 67.60% 65.16% 67.59% 68.33% 66.63% 67.16% 68.61% D ec 31, Sep 30, 2016 2016 2016 2015 2014 2013 (dollars in thousands) R eturn o n A verage Shareho lders' Equity (R OE) (T angible) Net income 42,150$ 41,468$ 161,625$ 149,502$ 157,894$ 161,840$ P lus: Intangible amortization, net of tax - - - 161 818 1,585 Numerator 42,150$ 41,468$ 161,625$ 149,663$ 158,712$ 163,425$ Average shareholders' equity 2,132,655$ 2,120,596$ 2,100,634$ 2,026,883$ 2,071,640$ 2,053,821$ Less: Average goodwill and intangible assets (531,556) (531,556) (531,556) (531,618) (532,425) (534,431) Average tangible shareholders' equity (denominator) 1,601,099$ 1,589,040$ 1,569,078$ 1,495,265$ 1,539,215$ 1,519,390$ Return on average common shareholders' equity (tangible), annualized 10.47% 10.38% 10.30% 10.01% 10.31% 10.76% Year Ended D ec 31, (dollars in thousands) T hree M o nths Ended T hree M o nths Ended Year Ended D ec 31, 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 stro gly encourages a review of its condensed consolidated financial statements in their entirety. 13

NON-GAAP RECONCILIATION (CONTINUED) FFC Consolidated D ec 3 1, D ec 3 1, D ec 3 1, D ec 3 1, 2 0 16 2 0 15 2 0 14 2 0 13 Tang ib le C ommon Equit y t o Tang ib le A sset s ( TC E R at io ) Shareholders' equity 2,121,115$ 2,041,894$ 1,996,665$ 2,063,187$ Less: Intangible assets (531,556) (531,556) (531,803) (533,076) Tangible shareholders' equity (numerator) 1,589,559$ 1,510,338$ 1,464,862$ 1,530,111$ Total assets 18,944,247$ 17,914,718$ 17,124,767$ 16,934,634$ Less: Intangible assets (531,556) (531,556) (531,803) (533,076) Total tangible assets (denominator) 18,412,691$ 17,383,162$ 16,592,964$ 16,401,558$ Tangible Common Equity to Tangible Assets 8 .6 3 % 8 .6 9 % 8 .8 3 % 9 .3 3 % D ec 3 1, Sep 3 0 , 2 0 16 2 0 16 2 0 16 2 0 15 2 0 14 2 0 13 Pre- Provision N et R evenue Net interest income 132,237$ 130,565$ 520,772$ 499,994$ 514,867$ 527,194$ Non-interest income 52,755 48,149 190,178 181,839 167,379 187,664 Less: Investment securit ies gains (1,525) (2) (2,550) (9,066) (2,041) (8,004) Total Revenue 183,467 178,712 708,400 672,767 680,205 706,854 Non-interest expense 127,621 119,848 489,519 480,160 459,246 461,433 Less: Loss on redemption of TruPS - (5,626) - - Total Non-interest expense, as adjusted 127,621 119,848 489,519 474,534 459,246 461,433 Pre- Provision N et R evenue 55,846$ 58,864$ 218,881$ 198,233$ 220,959$ 245,421$ (dollars in thousands) (dollars in thousands) Y ear Ended D ec 3 1, Three M ont hs Ended 14

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