Fulton Financial Announces Merger with Blue Foundry
Fulton Financial Corporation announced a merger with Blue Foundry Bancorp, where Blue Foundry will merge into Fulton, enhancing market position and operational capabilities. The merger involves stock and cash conversion, subject to regulatory approvals. Analyst rating for FULT stock is Hold with a $22.00 target. Spark rates FULT as Neutral, noting strong financial performance but bearish technical indicators. Fulton Financial focuses on strategic mergers to expand banking operations.
Tip Ranks·