Fulton Financial Corporation to Acquire Blue Foundry Bancorp

Reuters
2025.11.24 13:46
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Fulton Financial Corporation plans to acquire Blue Foundry Bancorp through a stock issuance, aiming for strategic and financial benefits. The transaction requires regulatory approval and may not proceed if conditions aren't met. Piper Sandler & Co. and Luse Gorman, PC advised Blue Foundry Bancorp. The news was generated by AI and published by Fulton Financial Corporation via PR Newswire on November 24, 2025.

Fulton Financial Corporation has entered into a proposed transaction involving the issuance of its common stock in connection with the acquisition of Blue Foundry Bancorp. The deal is expected to bring strategic and financial benefits, including anticipated accretion to earnings per share and other performance metrics. The completion of the transaction is subject to regulatory and other approvals, and there is a possibility that the transaction may not be completed if required conditions are not satisfied. Piper Sandler & Co. acted as financial advisor and Luse Gorman, PC served as legal counsel to Blue Foundry Bancorp in the process. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fulton Financial Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: NE31948) on November 24, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)