vs

Side-by-side financial comparison of FULTON FINANCIAL CORP (FULT) and REX AMERICAN RESOURCES Corp (REX). Click either name above to swap in a different company.

FULTON FINANCIAL CORP is the larger business by last-quarter revenue ($336.2M vs $175.6M, roughly 1.9× REX AMERICAN RESOURCES Corp). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs 15.6%, a 12.5% gap on every dollar of revenue. On growth, FULTON FINANCIAL CORP posted the faster year-over-year revenue change (4.2% vs 0.4%). Over the past eight quarters, FULTON FINANCIAL CORP's revenue compounded faster (0.2% CAGR vs -3.2%).

Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.

REX American Resources Corp. is an American producer and retailer of ethanol, distillers grains and natural gas as well as a holding company in energy entities. It was founded in 1980 and is headquartered in Dayton, Ohio. The company has the entire ownership of three affiliated corporations including Rex Radio and Television, Inc., Stereo Town, Inc. and Kelly & Cohen Appliances, Inc. As of 2012, the company has the ownership of 22 national retail stores and invested in five ethanol production...

FULT vs REX — Head-to-Head

Bigger by revenue
FULT
FULT
1.9× larger
FULT
$336.2M
$175.6M
REX
Growing faster (revenue YoY)
FULT
FULT
+3.8% gap
FULT
4.2%
0.4%
REX
Higher net margin
FULT
FULT
12.5% more per $
FULT
28.2%
15.6%
REX
Faster 2-yr revenue CAGR
FULT
FULT
Annualised
FULT
0.2%
-3.2%
REX

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
FULT
FULT
REX
REX
Revenue
$336.2M
$175.6M
Net Profit
$94.8M
$27.5M
Gross Margin
20.6%
Operating Margin
20.2%
Net Margin
28.2%
15.6%
Revenue YoY
4.2%
0.4%
Net Profit YoY
1.9%
-8.7%
EPS (diluted)
$0.55
$0.71

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FULT
FULT
REX
REX
Q1 26
$336.2M
Q4 25
$336.0M
$175.6M
Q3 25
$334.6M
$158.6M
Q2 25
$324.1M
$158.3M
Q1 25
$318.4M
$158.2M
Q4 24
$319.6M
$174.9M
Q3 24
$317.7M
$148.2M
Q2 24
$334.7M
$161.2M
Net Profit
FULT
FULT
REX
REX
Q1 26
$94.8M
Q4 25
$99.0M
$27.5M
Q3 25
$100.5M
$9.3M
Q2 25
$99.2M
$10.7M
Q1 25
$93.0M
$14.1M
Q4 24
$68.6M
$30.1M
Q3 24
$63.2M
$15.0M
Q2 24
$95.0M
$12.3M
Gross Margin
FULT
FULT
REX
REX
Q1 26
Q4 25
20.6%
Q3 25
9.0%
Q2 25
9.1%
Q1 25
11.1%
Q4 24
22.7%
Q3 24
13.3%
Q2 24
9.0%
Operating Margin
FULT
FULT
REX
REX
Q1 26
Q4 25
35.7%
20.2%
Q3 25
38.2%
Q2 25
37.8%
Q1 25
36.1%
11.3%
Q4 24
27.0%
22.6%
Q3 24
25.1%
13.2%
Q2 24
30.8%
9.9%
Net Margin
FULT
FULT
REX
REX
Q1 26
28.2%
Q4 25
29.5%
15.6%
Q3 25
30.0%
5.9%
Q2 25
30.6%
6.7%
Q1 25
29.2%
8.9%
Q4 24
21.5%
17.2%
Q3 24
19.9%
10.1%
Q2 24
28.4%
7.6%
EPS (diluted)
FULT
FULT
REX
REX
Q1 26
$0.55
Q4 25
$0.53
$0.71
Q3 25
$0.53
$0.43
Q2 25
$0.53
$0.51
Q1 25
$0.49
$-0.32
Q4 24
$0.36
$0.69
Q3 24
$0.33
$0.70
Q2 24
$0.52
$0.58

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FULT
FULT
REX
REX
Cash + ST InvestmentsLiquidity on hand
$335.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.5B
$566.9M
Total Assets
$32.2B
$750.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FULT
FULT
REX
REX
Q1 26
Q4 25
$335.5M
Q3 25
$310.5M
Q2 25
$315.9M
Q1 25
$359.1M
Q4 24
$365.1M
Q3 24
$346.0M
Q2 24
$351.8M
Stockholders' Equity
FULT
FULT
REX
REX
Q1 26
$3.5B
Q4 25
$3.5B
$566.9M
Q3 25
$3.4B
$545.8M
Q2 25
$3.3B
$536.4M
Q1 25
$3.3B
$560.3M
Q4 24
$3.2B
$564.5M
Q3 24
$3.2B
$539.6M
Q2 24
$3.1B
$524.5M
Total Assets
FULT
FULT
REX
REX
Q1 26
$32.2B
Q4 25
$32.1B
$750.1M
Q3 25
$32.0B
$700.6M
Q2 25
$32.0B
$693.8M
Q1 25
$32.1B
$720.0M
Q4 24
$32.1B
$715.7M
Q3 24
$32.2B
$680.0M
Q2 24
$31.8B
$671.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FULT
FULT
REX
REX
Operating Cash FlowLast quarter
$51.2M
Free Cash FlowOCF − Capex
$24.5M
FCF MarginFCF / Revenue
14.0%
Capex IntensityCapex / Revenue
15.2%
Cash ConversionOCF / Net Profit
1.87×
TTM Free Cash FlowTrailing 4 quarters
$17.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FULT
FULT
REX
REX
Q1 26
Q4 25
$304.5M
$51.2M
Q3 25
$116.1M
$16.3M
Q2 25
$91.7M
$-3.5M
Q1 25
$703.0K
$25.1M
Q4 24
$416.6M
$33.4M
Q3 24
$-22.0M
$8.0M
Q2 24
$157.8M
$-2.3M
Free Cash Flow
FULT
FULT
REX
REX
Q1 26
Q4 25
$24.5M
Q3 25
$-5.7M
Q2 25
$-10.4M
Q1 25
$9.2M
Q4 24
$18.2M
Q3 24
$-7.4M
Q2 24
$-27.1M
FCF Margin
FULT
FULT
REX
REX
Q1 26
Q4 25
14.0%
Q3 25
-3.6%
Q2 25
-6.6%
Q1 25
5.8%
Q4 24
10.4%
Q3 24
-5.0%
Q2 24
-16.8%
Capex Intensity
FULT
FULT
REX
REX
Q1 26
Q4 25
15.2%
Q3 25
13.9%
Q2 25
4.4%
Q1 25
10.0%
Q4 24
8.7%
Q3 24
10.4%
Q2 24
15.4%
Cash Conversion
FULT
FULT
REX
REX
Q1 26
Q4 25
3.08×
1.87×
Q3 25
1.16×
1.75×
Q2 25
0.92×
-0.33×
Q1 25
0.01×
1.78×
Q4 24
6.07×
1.11×
Q3 24
-0.35×
0.53×
Q2 24
1.66×
-0.18×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FULT
FULT

Segment breakdown not available.

REX
REX

Ethanol$136.0M77%
Dried Distillers Grains$22.4M13%
Distillers Corn Oil$16.4M9%
Modified Distillers Grains$1.2M1%

Related Comparisons