Fulton Financial (FRA:FU5) Net Charge Offs to Average Loans % : 0.00% (As of . 20)

View and export this data going back to . Start your Free Trial

What is Fulton Financial Net Charge Offs to Average Loans %?

Net Charge Offs to Average Loans % is the net charge-offs divided by the average total loans during a specific period. This ratio measures the proportion of debt owed to a company that is unlikely to be recovered. A higher ratio means there’s more bad debt that is unlikely to be collected, which leads investors to believe it has a very risky portfolio.

The historical rank and industry rank for Fulton Financial's Net Charge Offs to Average Loans % or its related term are showing as below:

FRA:FU5's Net Charge Offs to Average Loans % is not ranked ^*
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Net Charge Offs to Average Loans % only.

Fulton Financial Net Charge Offs to Average Loans % Historical Data

The historical data trend for Fulton Financial's Net Charge Offs to Average Loans % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fulton Financial Net Charge Offs to Average Loans % Chart

Fulton Financial (FRA:FU5) Net Charge Offs to Average Loans % Calculation

Net Charge Offs to Average Loans % is calculated as

Net Charge Offs to Average Loans %

Net Charge-offs

Average Total Loans

Fulton Financial (FRA:FU5) Net Charge Offs to Average Loans % Explanation

A Net Charge-off (NCO) is the dollar amount representing the difference between gross charge-offs and any subsequent recoveries of delinquent debt. The bad debt often needs to be written off and classified as gross charge-off. If any money is recovered from that debt, the recovered amount needs to be subtracted from gross charge-off, which is how we get the net charge-off.

Net Charge Offs to Average Loans % represents the amount of debt that a company believes it will never collect and is an indicator of a financial institution's loan portfolio performance. A higher ratio, especially when compared to the previous period or to other banks, would suggest that there’s more bad debt that is unlikely to be collected and the loan portfolio may be too risky.

Fulton Financial Net Charge Offs to Average Loans % Related Terms

Thank you for viewing the detailed overview of Fulton Financial's Net Charge Offs to Average Loans % provided by GuruFocus.com. Please click on the following links to see related term pages.

Fulton Financial (FRA:FU5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fulton Financial Corp (FRA:FU5) » Definitions » Net Charge Offs to Average Loans %

Comparable Companies

Traded in Other Exchanges

FULTP.PFD:USA FULT:USA

Address

One Penn Square, P.O Box 4887, Lancaster, PA, USA, 17602

Website

https://www.fultonbank.com

Fulton Financial is a U.S.-based financial services holding company that operates in five states: Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It offers a range of consumer and commercial banking products and services, such as checking and savings deposit products and loan products. Its services cover five distinct divisions: consumer banking, commercial banking, mortgage banking, wealth management, and other. The bank derives its revenue from non-interest income, led by its Wealth Management division.

Fulton Financial (FRA:FU5) Headlines

No Headlines