Fulton Financial Corporation (FULT) Q2 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Some local CEOs are lucky that their companyâs board of directors grades on a curve.Â
So when these companies financial results got skewered by the pandemic, their CEOs got rewarded with at least some incentive pay for a job well done anyway.
The boards chose to recognize the CEOs for successfully navigating through the unprecedented challenges, not punish them for missing fiscal goals that turned out to be unattainable when the economy abruptly tumbled into a recession.
Hereâs a look at how the CEOs of five large, publicly held companies based in the area fared last year, compared to 2019, as disclosed in the proxy each company recently sent to its shareholders ahead of the companyâs annual meeting.Â
Operator
Good morning, ladies and gentlemen, and welcome to the Fulton Financial First Quarter 2021 results. [Operator Instructions]
I would now like to turn the conference over to your host, Matt Jozwiak, Director of Investor Relations. Thank you. Sir, please go ahead.
Matt Jozwiak
Director of Investor Relations
Good morning, and thanks for joining us for Fulton Financial s conference call and webcast to discuss our earnings for the first quarter of 2021. Your host for today s conference call is Phil Wenger, Chairman and Chief Executive Officer. Joining Phil are Curt Myers, President and Chief Operating Officer; and Mark McCollom, Chief Financial Officer.
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Fulton Financial Corporation Announces Dates for First Quarter 2021 Earnings Release and Webcast
April 6, 2021 GMT
LANCASTER, Pa. (BUSINESS WIRE) Apr 6, 2021
Fulton Financial Corporation (Nasdaq: FULT) today announced that it will distribute its first quarter 2021 earnings news release and accompanying charts on Tuesday, April 20 at approximately 4:30 p.m. Eastern Time.
The Corporation will host its quarterly conference call with analysts who cover the company on Wednesday, April 21, at 10:00 a.m. Eastern Time. E. Philip Wenger, Chairman and Chief Executive Officer, will host the call. He will be joined by Curtis J. Myers, President and Chief Operating Officer, and Mark R. McCollom, Senior Executive Vice President and Chief Financial Officer.
When local banker Curtis J. Myers looks at Philadelphia and Baltimore, he sees larger versions of Lancaster County â each is a collection of communities and neighborhoods that would benefit from community banking.
And, as chairman, president, CEO and chief operating officer of Fulton Bank, heâs been in a position to do something about it.
Lancaster-based Fulton opened three branches in Philadelphia in 2019, to be followed by another this year and another next year. Baltimore, which also has three Fulton branches, likewise is scheduled to get another this year and one more next year.
âWeâve found that there are many more similarities between those neighborhoods and communities (in the big cities) and the ones we currently serve, than there are differences,â Myers said.