Fulton Financial Corporation reported consolidated unaudited earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net interest income of $128.04 million compared to $132.95 million a year ago. Income before income taxes was $49.42 million compared to $54.42 million a year ago. Net income was $37.95 million or $0.21 per basic and diluted share compared to $42.08 million or $0.22 per basic and diluted share a year ago. Return on average assets was 0.88% compared to 0.99% a year ago. Return on average shareholders' equity was 7.34% compared to 8.14% a year ago. Return on average shareholders' tangible equity was 9.96% compared to 11.15% a year ago.

For the full year, the company reported net interest income of $514.87 million compared to $527.19 million a year ago. Income before income taxes was $210.50 million compared to $212.93 million a year ago. Net income was $157.89 million or $0.84 per diluted share compared to $161.84 million or $0.83 per basic and diluted share a year ago. Return on average assets was 0.93% compared to 0.96% a year ago. Return on average shareholders' equity was 7.62% compared to 7.88% a year ago. Return on average shareholders' tangible equity was 10.31% compared to 10.76% a year ago.

The company expected that its effective tax rate will remain at approximately 25% during 2015.