FULT
Fulton Financial Corporation
FULT has slightly lower modeled downside risk, despite its lower overall score.
GS
The Goldman Sachs Group, Inc.
GS has a slight edge over FULT overall, supported by stronger fundamentals and stronger valuation.
FULT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
FULT's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like FULT.
GS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
GS's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like GS.
FULT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.1x | $19.50 | -18% |
| Forward | 10x | $23.84 | — |
| Fair | 11x | $22.58 | -5.3% |
| Current | 11x | $23.84 | — |
| Expensive | 12x | $25.61 | +7.4% |
Historical ranges are pointers, not guarantees.
FULT has the edge over GS in the historical PE scenario, which offers more potential upside but is not a forecast.
GS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.6x | $528 | -42% |
| Current | 13x | $914 | — |
| Forward | 13x | $914 | — |
| Fair | 14x | $940 | +2.9% |
| Expensive | 17x | $1,214 | +33% |
Historical ranges are pointers, not guarantees.
GS's PE is 13x, but its earnings don't support one, so it isn't a reliable read right now.
FULT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
FULT has the edge over GS on the outlook, with more favorable valuation expectations.
GS Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for GS, with profitability improving. However, they disagree widely on these estimates.
FULT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.34 | +9% |
| Q3 2026 | $2.15 | +13% |
| Q2 2026 | $2.09 | +22% |
| Q1 2026 | $2.10 | +24% |
| Q4 2025 | $2.08 | +32% |
| Q3 2025 | $1.91 | +21% |
| Q2 2025 | $1.71 | +2.4% |
| Q1 2025 | $1.70 | +5.6% |
| Q4 2024 | $1.57 | -4.3% |
FULT earned $2.15 per share over the past year, up 13% from the year before.
GS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $72.35 | +4% |
| Q3 2026 | $69.58 | +41% |
| Q2 2026 | $64.82 | +43% |
| Q1 2026 | $54.75 | +27% |
| Q4 2025 | $51.32 | +27% |
| Q3 2025 | $49.22 | +44% |
| Q2 2025 | $45.37 | +45% |
| Q1 2025 | $43.08 | +68% |
| Q4 2024 | $40.54 | +77% |
GS has the edge over FULT on earnings, with more consistent year-over-year improvement.
FULT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $367.3M | +9.8% |
| Q2 2026 | $363.6M | +12% |
| Q1 2026 | $331.9M | +4.2% |
| Q4 2025 | $336M | +5.1% |
| Q3 2025 | $334.6M | +5.3% |
| Q2 2025 | $324.1M | -3.2% |
| Q1 2025 | $318.4M | +21% |
| Q4 2024 | $319.6M | +18% |
FULT's revenue has grown year over year for five quarters in a row: $367M last quarter, up 9.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 39% | +1.2 points |
| Q2 2026 | 35% | -2.7 points |
| Q1 2026 | 35% | -0.9 points |
| Q4 2025 | 36% | +8.8 points |
| Q3 2025 | 38% | +13 points |
| Q2 2025 | 38% | +7 points |
| Q1 2025 | 36% | +7.5 points |
| Q4 2024 | 27% | -2.9 points |
FULT has the edge over GS on profitability, with a higher operating margin.
GS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $18.7B | +23% |
| Q2 2026 | $20.3B | +39% |
| Q1 2026 | $17.2B | +14% |
| Q4 2025 | $13.5B | -3% |
| Q3 2025 | $15.2B | +20% |
| Q2 2025 | $14.6B | +15% |
| Q1 2025 | $15.1B | +6% |
| Q4 2024 | $13.9B | +23% |
GS has the edge over FULT on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 37% | +2 points |
| Q2 2026 | 42% | +8.1 points |
| Q1 2026 | 38% | +0.2 points |
| Q4 2025 | 44% | +5.6 points |
| Q3 2025 | 36% | +4.1 points |
| Q2 2025 | 34% | +3.2 points |
| Q1 2025 | 37% | +0.6 points |
| Q4 2024 | 38% | +18 points |
GS's operating margin was 37% last quarter, up 2 points from the same quarter a year ago.
FULT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $294.1M | +153% |
| Q2 2026 | $99.7M | +8.7% |
| Q1 2026 | $114.7M | +16216% |
| Q4 2025 | $96M | -25% |
| Q3 2025 | $116.1M | +$148.4M |
| Q2 2025 | $91.7M | -45% |
| Q1 2025 | $703K | -100% |
| Q4 2024 | $127.9M | +$185.3M |
FULT has the edge over GS on cash generation, producing positive trailing cash flow while its opponent burns cash.
GS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +72% |
| Q2 2026 | $5.6B | +7.8% |
| Q1 2026 | -$32.4B | +$5.3B |
| Q4 2025 | -$16.8B | -136% |
| Q3 2025 | $2.1B | +$40.6B |
| Q2 2025 | $5.2B | -6.8% |
| Q1 2025 | -$37.7B | -$9.2B |
| Q4 2024 | $46.2B | +$75.1B |
GS's free cash flow was −$40B over the past year, against $15.8B the year before. Free cash flow isn't a meaningful measure for financial services companies like GS.
FULT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -763K shares |
| 1 year | +4.8% | +8.9M shares |
| 3 years | +16% | +26.2M shares |
| 5 years | +18% | +28.8M shares |
| Available history | +15% | +24.4M shares |
FULT has 192M diluted shares, up 4.8% from a year ago, despite $120M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $56.8M |
| Q2 2026 | $18.3M |
| Q1 2026 | $24.6M |
| Q4 2025 | $19.9M |
| Q3 2025 | $31M |
| Q2 2025 | $14.5M |
| Q1 2025 | $550,000 |
| Q4 2024 | — |
FULT spent $120M buying back its own shares over the past year, up 159% from the year before.
GS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -3.8M shares |
| 1 year | -4.4% | -13.9M shares |
| 3 years | -12% | -42.8M shares |
| 5 years | -15% | -52.8M shares |
| Available history | -20% | -74.4M shares |
GS has the edge over FULT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3B |
| Q2 2026 | $4B |
| Q1 2026 | $5B |
| Q4 2025 | $3B |
| Q3 2025 | $2B |
| Q2 2025 | $3B |
| Q1 2025 | $4.4B |
| Q4 2024 | $2B |
GS spent $15B buying back its own shares over the past year, up 32% from the year before.
FULT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2020 | 4.7x | High |
| Q4 2019 | 2.6x | Moderate |
FULT's net debt is about 4.7 years of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like FULT.
GS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -5.4x | Net Cash |
| Q2 2026 | -6.1x | Net Cash |
| Q1 2026 | -6.7x | Net Cash |
| Q4 2025 | -6.4x | Net Cash |
| Q3 2025 | -3.5x | Net Cash |
| Q2 2025 | -3.1x | Net Cash |
| Q1 2025 | -3.9x | Net Cash |
| Q4 2024 | -4.7x | Net Cash |
GS has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like GS.
FULT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.0 | Neutral |
| Stochastic | 61.4 | Neutral |
FULT's weekly RSI is 57 (neutral) and its Stochastic is 61 (neutral).
GS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.5 | Neutral |
| Stochastic | 16.3 | Oversold |
GS's weekly RSI is 45 (neutral) and its Stochastic is 16 (oversold).
FULT PE vs Financial Services Sector
| Metric | FULT | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 13x | 15% below |
| PE % | 68 | 63 | 5 pts above |
FULT has the edge over GS on valuation relative to its sector.
GS PE vs Financial Services Sector
| Metric | GS | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 0.8% above |
| PE % | 46 | 63 | 17 pts below |
GS is trading at 13x earnings, in line with the Financial Services sector's median of 13x, though its earnings don't support one.
FULT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $23.2 | 2.9% above |
| 20 week MA | $23.7 | 0.5% above |
| 50 week MA | $22.1 | 7.8% above |
| 100 week MA | $20.3 | 18% above |
| 200 week MA | $17.9 | 33% above |
FULT has the edge over GS on trend strength, trading above more of its moving averages.
GS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $895.5 | 2% above |
| 20 week MA | $977.4 | 6.5% below |
| 50 week MA | $945.4 | 3.4% below |
| 100 week MA | $804.5 | 14% above |
| 200 week MA | $602.7 | 52% above |
GS's trend is mixed: it's above three of its five weekly moving averages, and 52% above its 200-week average.
FULT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.5 | $12.8 | -27% |
| 2021 | $12.8 | $16.9 | +32% |
| 2022 | $16.9 | $17.1 | +0.8% |
| 2023 | $17.1 | $16.5 | -3.6% |
| 2024 | $16.5 | $19.7 | +19% |
| 2025 | $19.7 | $20.1 | +2.1% |
| 2026 YTD | $20.1 | $23.8 | +19% |
FULT has the edge over GS on returns for 2026, with the stronger performance.
GS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $230.7 | $256.2 | +11% |
| 2021 | $256.2 | $385.0 | +50% |
| 2022 | $385.0 | $345.5 | -10% |
| 2023 | $345.5 | $385.8 | +12% |
| 2024 | $385.8 | $576.2 | +49% |
| 2025 | $576.2 | $907.0 | +57% |
| 2026 YTD | $907.0 | $913.6 | +0.7% |
GS has finished higher in five of the last six years, two of them by more than 50%. It's up 0.7% so far in 2026.