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News  ›  Benzinga

Fulton Financial Corporation and Blue Foundry Bancorp Combining in All-Stock Merger

Benzinga Logo Benzinga By Globe Newswire
Fulton Financial Corporation and Blue Foundry Bancorp Combining in All-Stock Merger

Fulton Financial Corporation will acquire Blue Foundry Bancorp in an all-stock transaction valued at $243 million, expanding Fulton's presence in northern New Jersey and expected to be accretive to earnings.

Insights
FULT   positive

Expanding market presence, expected earnings accretion, strategic growth in New Jersey market