Fulton financial corp (FULT)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income

195,723

226,339

236,633

240,158

215,576

208,393

184,311

167,583

177,853

171,753

179,902

172,465

166,748

161,625

158,010

150,793

147,723

149,502

148,916

153,231

156,147

157,894

162,028

163,410

164,396

161,840

159,997

161,631

160,940

159,845

155,684

153,426

149,920

145,573

140,984

139,340

134,637

128,332

0

0

0

Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Provision for credit losses

71,730

32,800

20,488

19,938

48,030

46,900

45,437

48,892

22,475

23,305

21,575

20,641

16,452

13,182

10,932

7,791

7,480

2,250

2,500

5,000

6,300

12,500

12,000

18,000

28,000

40,500

55,500

69,000

81,000

94,000

106,500

114,500

125,000

135,000

145,000

154,000

158,000

160,000

0

0

0

Depreciation and amortization of premises and equipment

28,473

28,200

27,717

27,500

27,715

28,156

28,506

28,702

28,393

28,096

27,869

27,573

27,486

27,403

27,850

27,489

27,193

27,605

26,445

26,121

25,287

24,555

25,158

25,688

26,369

25,911

25,005

24,307

23,419

22,575

21,992

21,464

21,304

21,081

20,930

20,678

20,418

20,477

0

0

0

Amortization of TCI

-32,274

-32,810

-38,121

-38,188

-38,397

-38,606

-34,161

-35,982

-36,421

-37,185

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net amortization of investment securities premiums

-10,019

-9,387

-10,005

-8,800

-8,855

-9,297

-8,848

-10,188

-10,208

-10,107

-10,408

-10,558

-10,791

-10,430

-9,395

-8,689

-7,954

-7,330

-6,090

-5,500

-5,116

-5,120

-5,652

-6,811

-7,591

-10,002

-12,861

-12,999

-13,148

-12,151

-11,465

-9,274

-7,167

-6,022

-4,858

-5,990

-6,080

-5,178

0

0

0

Investment securities gains, net

4,714

4,733

4,733

255

83

37

1,969

6,552

7,984

9,071

8,664

4,069

2,709

2,550

1,801

3,529

5,868

9,066

9,138

7,489

6,186

2,041

1,226

3,778

5,531

8,004

8,166

5,575

4,248

3,026

5,885

5,400

3,527

4,561

1,701

3,970

5,209

701

0

0

0

Gain on sales of mortgage loans held for sale

20,941

17,882

16,685

14,824

13,498

13,021

13,072

12,973

12,607

13,036

13,840

15,137

16,089

15,685

14,643

12,413

12,401

13,264

16,790

3,296

10,530

10,063

57,096

46,327

32,529

24,609

-20,784

14,923

18,337

46,310

81,061

83,411

98,363

22,207

-10,723

-17,408

6,068

27,519

0

0

0

Proceeds from sales of mortgage loans held for sale

969,635

916,725

859,509

791,663

767,802

795,756

782,034

740,548

699,676

644,400

686,786

688,051

710,478

709,316

651,750

655,663

701,054

757,850

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Originations of mortgage loans held for sale

961,571

909,572

849,244

786,695

758,622

778,304

773,438

730,109

685,736

634,197

668,159

671,948

699,453

705,442

638,006

643,600

674,248

743,950

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of Intangible Assets

1,452

1,427

1,285

214

107

0

0

0

0

-

-

-

-

-

-

-

-

247

556

865

1,074

1,259

1,779

1,999

2,219

2,438

2,316

2,538

2,764

3,031

3,272

3,469

3,880

4,257

4,595

4,935

5,104

5,240

0

0

0

Amortization of issuance costs and discounts on long-term debt

881

842

839

835

830

813

833

862

871

845

888

806

631

617

497

496

589

582

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share-based Payment Arrangement, Expense

7,472

7,413

7,416

7,129

8,015

7,965

7,877

7,624

5,985

5,209

5,087

5,069

5,854

6,556

6,375

6,356

6,303

5,938

5,926

5,681

5,903

5,865

5,454

5,145

5,516

5,330

5,057

4,991

4,968

4,834

4,739

6,198

4,415

4,249

4,041

2,486

2,250

1,996

0

0

0

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

964

173

166

196

201

113

92

71

81

119

206

239

302

251

173

124

39

25

14

3

0

0

0

0

-

-

-

-

Increase in accrued interest receivable

-

-

-

-

-

-

-

0

6,705

-

6,482

4,287

1,976

3,527

754

2,123

2,163

949

-698

-923

-1,160

-2,219

-1,171

-3,597

-4,109

-1,749

-5,069

-2,570

-3,762

-5,312

-2,676

-3,104

-1,631

-2,743

-2,707

-3,376

-5,811

-4,674

0

0

0

Other changes, net

0

-

0

0

0

-

0

0

10,367

-

34,856

80,196

53,967

53,922

21,136

51,436

31,250

22,987

32,636

10,399

27,096

23,619

1,802

-12,350

-37,433

-37,236

-39,964

-34,152

-22,913

-15,791

-31,938

-13,112

-17,907

-32,581

-13,850

-14,038

-1,253

9,173

0

0

0

Increase in accrued interest payable

-

-

-

-

-

-

-

0

-2,825

-

-3,077

-532

-1,061

-1,092

-1,082

-6,836

-4,790

-7,321

-2,698

-1,475

1,385

2,827

768

-1,061

-4,421

-4,112

-5,161

-6,017

-6,281

-6,356

-5,860

-5,719

-6,718

-7,647

-7,724

-13,848

-14,855

-13,263

0

0

0

Increase (Decrease) in Other Operating Liabilities

-

-

-

-

-

-

-

-30,045

-21,298

-17,369

38,086

38,622

55,374

45,090

-14,615

18,116

-5,551

4,928

28,441

-5,446

2,574

1,522

-10,452

-14,916

-17,449

-29,344

-25,524

-16,840

-22,935

-3,508

-1,756

-4,311

-4,351

-18,427

-26,274

-39,741

-37,669

-24,939

0

0

0

Total adjustments

-153,158

-98,626

-128,970

676

47,689

88,427

120,607

167,320

111,927

116,005

117,868

67,183

95,021

64,448

28,019

23,558

33,273

28,042

49,264

40,427

24,746

52,815

64,269

90,284

134,050

139,777

163,666

143,241

136,261

134,667

160,525

144,796

140,872

225,621

205,512

199,859

169,622

156,477

0

0

0

Net cash (used in) provided by operating activities

42,565

127,713

107,663

240,834

263,265

296,820

304,918

334,903

289,780

287,758

297,770

239,648

261,769

226,073

186,029

174,351

180,996

177,544

198,180

193,658

180,893

210,709

226,297

253,694

298,446

301,617

323,663

304,872

297,201

294,512

316,209

298,222

290,792

371,194

346,496

339,199

304,259

284,809

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sales of securities AFS

732,973

710,739

697,634

289,859

90,854

54,638

194,887

203,947

177,443

184,734

75,351

60,390

78,038

115,844

122,149

132,637

101,454

66,480

46,317

35,853

31,246

32,227

14,086

109,384

222,778

267,126

287,422

206,829

117,913

244,702

233,670

222,258

200,423

427,934

488,106

609,610

791,370

469,821

0

0

0

Proceeds from principal repayments and maturities of securities HTM

84,192

83,121

82,745

75,958

54,587

35,900

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

294

415

437

454

580

507

549

574

0

0

0

Proceeds from principal repayments and maturities of securities AFS

245,013

234,702

222,437

233,694

263,628

290,681

334,209

362,026

397,799

417,673

453,010

501,810

539,657

558,854

548,652

516,745

451,107

439,533

461,684

448,560

444,161

417,559

385,146

430,663

516,986

637,851

760,713

889,006

900,430

878,375

870,751

758,506

683,270

667,171

647,053

666,092

768,167

774,403

0

0

0

Purchase of securities AFS

1,385,418

1,138,070

937,784

790,865

540,593

558,949

700,151

733,556

697,435

584,921

643,170

585,623

662,759

782,765

723,892

692,737

816,133

683,839

444,204

450,139

190,211

164,769

249,666

190,163

453,392

776,352

1,022,100

1,171,893

922,271

1,127,394

1,164,242

1,230,491

1,241,811

984,172

1,103,588

1,065,148

1,160,548

954,700

0

0

0

Purchase of securities held to maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

347

29

35

29

49

107

139

215

0

0

0

Purchase of FRB and FHLB stock

33,456

18,139

28,631

30,533

28,634

18,522

-368,259

-62,619

-59,725

3,272

235,519

-48,452

-61,136

-4,727

-150,954

20,762

-295,607

-130,567

202,341

81,806

396,605

174,922

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-67,988

-20,432

9,001

128,106

62,939

-308,720

75,451

16,706

0

0

0

Net increase in loans

857,918

708,048

777,297

587,892

616,900

447,849

487,269

497,710

752,210

1,087,521

1,107,656

1,202,209

1,102,346

873,939

870,035

923,065

776,269

743,655

530,169

433,708

407,361

360,982

286,926

239,967

410,715

699,961

923,569

748,993

534,894

302,486

179,518

278,305

224,679

190,101

106,094

74,851

64,466

102,938

0

0

0

Net change in tax credit investments

26,377

33,717

33,825

40,605

36,406

39,883

38,191

41,339

42,535

33,092

21,411

16,270

15,600

19,674

30,154

29,556

29,009

27,113

27,709

27,747

25,881

24,561

22,300

26,438

25,262

24,209

26,533

26,642

34,417

38,024

41,593

36,370

28,690

25,339

23,099

22,556

24,639

24,290

0

0

0

Net cash paid for acquisition

1,267

5,174

3,907

3,907

3,907

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in tax credit investments

10,885

18,760

24,352

29,281

43,953

56,733

54,944

54,751

44,432

28,932

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in by investing activities

-1,253,143

-893,346

-802,980

-883,572

-861,324

-740,717

-367,725

-698,764

-901,645

-1,135,331

-1,541,142

-1,246,838

-1,147,820

-1,037,616

-802,326

-1,016,738

-773,243

-818,027

-696,422

-508,987

-544,651

-275,448

-228,401

3,294

-285,018

-598,747

-936,172

-864,355

-444,412

-320,140

-212,997

-543,584

-620,086

-232,188

-160,030

422,267

234,843

145,949

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Net decrease in demand and savings deposits

922,756

849,437

721,750

472,171

606,313

435,872

109,908

165,898

391,551

782,525

1,126,155

1,141,030

834,702

992,253

999,496

967,963

1,070,189

971,312

806,423

824,302

799,720

722,791

645,696

521,771

547,193

472,439

665,185

645,035

644,395

579,759

536,036

515,103

499,027

754,392

810,409

680,009

970,072

974,566

0

0

0

Net increase in time deposits

64,292

168,317

371,953

316,925

294,562

142,755

-2,674

76,540

-4,792

2,143

63,146

-76,233

-148,638

-111,706

-131,411

-181,108

-180,406

-206,501

-55,656

-12,252

44,860

153,529

-33,190

-85,921

-265,736

-465,416

-554,424

-632,719

-608,273

-630,612

-571,361

-540,566

-563,360

-616,018

-740,902

-762,586

-717,917

-683,899

0

0

0

Net increase in short-term borrowings

557,792

128,464

347,295

204,557

-108,836

137,253

186,814

288,974

484,535

76,207

34,709

-27,355

100,434

43,654

-167,589

313,179

-57,222

167,944

-133,321

-599,272

-659,579

-928,910

-633,625

-612,011

-57,282

390,230

711,606

688,637

162,416

271,366

38,016

385,100

550,152

-77,044

-22,126

88,247

-210,252

-194,863

0

0

0

Additions to long-term debt

906,461

485,000

305,000

105,000

125,000

50,000

50,000

50,000

-124

223,251

423,135

423,135

423,259

215,884

16,000

215,679

363,778

347,778

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47,900

0

0

0

Repayments of long-term debt

594,043

596,056

571,240

110,216

2,150

100,165

100,161

100,159

200,157

115,153

351,151

351,532

251,635

236,640

30,644

385,112

495,078

540,079

511,364

156,582

51,541

6,621

10,833

10,772

5,750

10,669

25,201

25,342

50,470

151,596

142,191

142,037

127,017

104,610

174,008

343,051

407,966

469,223

0

0

0

Net proceeds from issuance of common stock

6,706

6,362

5,800

5,933

5,602

6,735

6,249

6,123

6,597

8,538

17,736

17,717

19,261

16,167

9,223

9,295

10,318

10,607

9,642

8,815

7,975

8,201

8,225

9,427

9,441

9,936

9,042

8,389

8,290

7,005

7,072

6,902

6,966

6,835

6,119

5,579

231,492

231,510

0

0

0

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

964

173

166

196

201

113

92

71

81

119

206

239

302

251

173

124

39

25

14

3

0

0

0

0

-

-

-

-

Dividends paid

93,086

92,330

92,554

91,956

90,917

89,654

86,052

84,132

82,294

80,368

76,647

74,718

71,109

69,382

67,712

66,242

66,723

65,361

64,629

63,904

62,929

64,028

61,025

61,401

61,938

46,525

62,993

61,561

59,962

71,972

50,112

46,034

39,955

33,917

29,888

28,944

30,978

35,003

0

0

0

Acquisition of treasury stock

145,328

111,457

206,765

158,694

101,185

95,308

0

0

0

-

-

-

-

18,545

18,545

47,241

61,196

50,000

130,000

144,464

125,451

175,255

95,255

69,394

93,685

90,927

90,926

91,696

67,405

20,359

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by financing activities

1,625,550

837,737

881,239

743,720

728,389

487,488

164,084

403,244

595,316

897,143

1,237,989

1,050,689

899,879

832,649

608,991

826,579

583,856

635,901

371,099

156,947

195,239

-48,099

-39,888

-218,095

72,482

259,370

658,240

536,616

34,815

-10,670

-177,875

203,482

350,816

-45,362

-150,396

-745,146

-549,949

-516,312

0

0

0

Net Increase (Decrease) in Cash and Cash Equivalents

414,972

72,104

185,922

100,982

130,330

43,591

101,277

39,383

-16,549

49,570

-5,383

43,499

13,828

21,106

-7,306

-15,808

-8,391

-4,582

-127,143

-158,382

-168,519

-112,838

-41,992

38,893

85,910

-37,760

45,731

-22,867

-112,396

-36,298

-74,663

-41,880

21,522

93,644

36,070

16,320

-10,847

-85,554

0

0

0

Supplemental Disclosures of Cash Flow Information:
Cash paid during the period for:
Interest

174,493

178,612

173,222

157,536

141,536

126,846

115,384

106,259

101,788

93,817

91,780

85,436

84,040

83,420

82,396

87,781

86,651

91,116

88,288

86,955

82,790

78,384

78,392

80,096

84,465

86,607

91,489

97,225

102,931

109,524

116,564

123,487

132,321

141,185

151,244

170,295

185,534

199,890

0

0

0

Income taxes

8,780

9,193

13,335

12,685

14,878

13,547

6,834

5,315

6,575

6,537

14,670

14,122

12,337

16,193

13,614

11,414

17,204

13,378

9,314

11,422

16,293

16,778

19,273

24,676

28,150

32,605

38,278

32,675

31,902

30,985

22,375

36,097

24,944

20,920

23,043

26,275

42,953

42,845

0

0

0