Fulton Financial Corp

Live  

Fulton Financial Corp. is a holding company that operates a network of banks and financial services companies primarily in Pennsylvania, Maryland, Delaware, New Jersey, Virginia, and Washington, D.C. The company was founded in 1982 and is headquartered in Lancaster, Pennsylvania.
Fulton Financial Corp.'s subsidiaries include Fulton Bank, F&M Trust, Swineford National Bank, Lafayette Ambassador Bank, The Columbia Bank, and The Bank of Gloucester County. Together, these subsidiary banks operate over 220 branches and offer a range of financial products and services, including personal and business banking, wealth management, insurance, and investment services.
Fulton Financial Corp. is listed on the Nasdaq stock exchange under the ticker symbol FULT and is included in the S&P 400 MidCap index. As of 2021, the company has over $26 billion in assets and employs over 3,500 people.
The company's mission is to be a leading financial services provider in the markets it serves, delivering value to its customers, employees, and shareholders. It strives to achieve this through a commitment to quality, integrity, community involvement, and prudent financial management.
Fulton Financial Corp. is also committed to sustainability and has implemented initiatives to reduce its environmental footprint, support local communities, and promote diversity and inclusion within its workforce.
Overall, Fulton Financial Corp. is a well-established and reputable company that has a long history of serving its customers and communities.

MS4gU3Ryb2 5nIEZpbmFu Y2lhbCBQZX Jmb3JtYW5j ZTogRnVsdG 9uIEZpbmFu Y2lhbCBDb3 JwLiBoYXMg Y29uc2lzdG VudGx5IGRl bGl2ZXJlZC BzdHJvbmcg ZmluYW5jaW FsIHJlc3Vs dHMsIHdpdG ggYSB0cmFj ayByZWNvcm Qgb2YgY29u c2lzdGVudC Bwcm9maXRh YmlsaXR5IG FuZCBhIHN0 cm9uZyBiYW xhbmNlIHNo ZWV0Ljxicj 4yLiBEaXZl cnNpZmllZC BCdXNpbmVz cyBNb2RlbD ogVGhlIGNv bXBhbnkgaG FzIGEgd2Vs bC1kaXZlcn NpZmllZCBi dXNpbmVzcy Btb2RlbCwg d2l0aCBvcG VyYXRpb25z IGluIGNvbW 1lcmNpYWwg YmFua2luZy wgY29uc3Vt ZXIgYmFua2 luZywgbW9y dGdhZ2UgYm Fua2luZywg YW5kIHdlYW x0aCBtYW5h Z2VtZW50Li BUaGlzIG5v dCBvbmx5IG hlbHBzIG1p dGlnYXRlIH Jpc2tzLCBi dXQgYWxzby BhbGxvd3Mg dGhlIGNvbX BhbnkgdG8g Y2FwdHVyZS BvcHBvcnR1 bml0aWVzIG luIGRpZmZl cmVudCBtYX JrZXQgc2Vn bWVudHMuPG JyPjMuIENv bW11bml0eS BGb2N1c2Vk OiBGdWx0b2 4gRmluYW5j aWFsIENvcn AuIHRha2Vz IHByaWRlIG luIGJlaW5n IGEgY29tbX VuaXR5IGJh bmsgYW5kIG lzIGNvbW1p dHRlZCB0by BnaXZpbmcg YmFjayB0by B0aGUgY29t bXVuaXRpZX MgaXQgc2Vy dmVzLiBUaG UgY29tcGFu eSBhbmQgaX RzIGVtcGxv eWVlcyByZW d1bGFybHkg cGFydGljaX BhdGUgaW4g Y2hhcml0YW JsZSBpbml0 aWF0aXZlcy BhbmQgdm9s dW50ZWVyIH dvcmsuPGJy PjQuIExvbm cgSGlzdG9y eTogVGhlIG NvbXBhbnkg aGFzIGEgbG 9uZyBoaXN0 b3J5IGRhdG luZyBiYWNr IHRvIDE4OD IsIHdoaWNo IGhhcyBhbG xvd2VkIGl0 IHRvIGRldm Vsb3AgZGVl cCByb290cy BhbmQgYnVp bGQgYSBzdH JvbmcgcmVw dXRhdGlvbi BpbiBpdHMg bWFya2V0cy 48YnI+NS4g Q29uc2lzdG VudCBHcm93 dGg6IEZ1bH RvbiBGaW5h bmNpYWwgQ2 9ycC4gaGFz IGEgY29uc2 lzdGVudCB0 cmFjayByZW NvcmQgb2Yg Z3Jvd3RoIH Rocm91Z2gg Ym90aCBvcm dhbmljIGV4 cGFuc2lvbi BhbmQgc3Ry YXRlZ2ljIG FjcXVpc2l0 aW9ucy4gVG hpcyBoYXMg ZW5hYmxlZC B0aGUgY29t cGFueSB0by BleHBhbmQg aXRzIGdlb2 dyYXBoaWMg cmVhY2ggYW 5kIGN1c3Rv bWVyIGJhc2 UuPGJyPjYu IFN0cm9uZy BDb3Jwb3Jh dGUgQ3VsdH VyZTogVGhl IGNvbXBhbn kgcGxhY2Vz IGEgc3Ryb2 5nIGVtcGhh c2lzIG9uIG l0cyBlbXBs b3llZXMgYW 5kIGhhcyBi ZWVuIHJlY2 9nbml6ZWQg Zm9yIGl0cy Bwb3NpdGl2 ZSB3b3JrcG xhY2UgY3Vs dHVyZSBhbm QgZW1wbG95 ZWUgZW5nYW dlbWVudC4g VGhpcyByZX N1bHRzIGlu IGEgbW90aX ZhdGVkIGFu ZCBkZWRpY2 F0ZWQgd29y a2ZvcmNlIH RoYXQgaXMg Y29tbWl0dG VkIHRvIGRl bGl2ZXJpbm cgZXhjZWxs ZW50IGN1c3 RvbWVyIHNl cnZpY2UuPG JyPjcuIFRl Y2hub2xvZ3 ktRHJpdmVu OiBEZXNwaX RlIGl0cyB0 cmFkaXRpb2 5hbCBjb21t dW5pdHkgYm Fua2luZyBy b290cywgRn VsdG9uIEZp bmFuY2lhbC BDb3JwLiBo YXMgZW1icm FjZWQgdGVj aG5vbG9neS BhbmQgYWN0 aXZlbHkgaW 52ZXN0cyBp biBkaWdpdG FsIHNvbHV0 aW9ucyB0by BpbXByb3Zl IGVmZmljaW VuY3kgYW5k IGVuaGFuY2 UgdGhlIGN1 c3RvbWVyIG V4cGVyaWVu Y2UuPGJyPj guIFN0cm9u ZyBSaXNrIE 1hbmFnZW1l bnQ6IFRoZS Bjb21wYW55 IGhhcyBhIH JvYnVzdCBy aXNrIG1hbm FnZW1lbnQg ZnJhbWV3b3 JrIGluIHBs YWNlIHRvIG lkZW50aWZ5 LCBhc3Nlc3 MsIGFuZCBt aXRpZ2F0ZS ByaXNrcy4g VGhpcyBoYX MgaGVscGVk IHRoZSBjb2 1wYW55IG5h dmlnYXRlIH Rocm91Z2gg ZGlmZmljdW x0IGVjb25v bWljIGNvbm RpdGlvbnMg YW5kIG1haW 50YWluIGl0 cyBmaW5hbm NpYWwgc3Ry ZW5ndGguPG JyPjkuIFN0 cm9uZyBTaG FyZWhvbGRl ciBSZXR1cm 5zOiBPdmVy IHRoZSB5ZW FycywgRnVs dG9uIEZpbm FuY2lhbCBD b3JwLiBoYX MgZ2VuZXJh dGVkIHN0cm 9uZyByZXR1 cm5zIGZvci BpdHMgc2hh cmVob2xkZX JzIHRocm91 Z2ggYSBjb2 1iaW5hdGlv biBvZiBkaX ZpZGVuZCBw YXltZW50cy BhbmQgc2hh cmUgYnV5Ym Fja3MuPGJy PjEwLiBDb2 1taXRtZW50 IHRvIFN1c3 RhaW5hYmls aXR5OiBGdW x0b24gRmlu YW5jaWFsIE NvcnAuIGlz IGNvbW1pdH RlZCB0byBz dXN0YWluYW JsZSBidXNp bmVzcyBwcm FjdGljZXMg YW5kIGhhcy BpbXBsZW1l bnRlZCBpbm l0aWF0aXZl cyB0byByZW R1Y2UgaXRz IGVudmlyb2 5tZW50YWwg aW1wYWN0LC Bwcm9tb3Rl IGRpdmVyc2 l0eSBhbmQg aW5jbHVzaW 9uLCBhbmQg c3VwcG9ydC B0aGUgY29t bXVuaXRpZX MgaXQgc2Vy dmVzLg==

VGhlIEZ1bH RvbiBGaW5h bmNpYWwgQ2 9ycC4gaXMg YSBmaW5hbm NpYWwgc2Vy dmljZXMgaG 9sZGluZyBj b21wYW55IH RoYXQgcHJv dmlkZXMgYS BkaXZlcnNl IHJhbmdlIG 9mIGZpbmFu Y2lhbCBwcm 9kdWN0cyBh bmQgc2Vydm ljZXMgdG8g aXRzIGNsaW VudHMuIEl0 cyBidXNpbm VzcyBtb2Rl bCBpcyBmb2 N1c2VkIG9u IGJ1aWxkaW 5nIHN0cm9u ZywgbG9uZy 10ZXJtIHJl bGF0aW9uc2 hpcHMgd2l0 aCBjdXN0b2 1lcnMgYW5k IHByb3ZpZG luZyB0aGVt IHdpdGggcG Vyc29uYWxp emVkIGZpbm FuY2lhbCBz b2x1dGlvbn MgdG8gbWVl dCB0aGVpci BuZWVkcy4g VGhlIGNvbX Bhbnkgb3Bl cmF0ZXMgdG hyb3VnaCB2 YXJpb3VzIH N1YnNpZGlh cnkgYmFua3 MsIGluY2x1 ZGluZyBGdW x0b24gQmFu aywgRnVsdG 9uIEJhbmsg b2YgTmV3IE plcnNleSwg TGFmYXlldH RlIEFtYmFz c2Fkb3IgQm FuaywgYW5k IG1vcmUsIH NlcnZpbmcg Y3VzdG9tZX JzIGluIFBl bm5zeWx2YW 5pYSwgTmV3 IEplcnNleS wgTWFyeWxh bmQsIERlbG F3YXJlLCBh bmQgVmlyZ2 luaWEuIEl0 cyBidXNpbm VzcyBtb2Rl bCBpcyBiYX NlZCBvbiBm b3VyIGtleS BwaWxsYXJz OiAxKSBjb2 5zdW1lciBh bmQgY29tbW VyY2lhbCBi YW5raW5nLC B3aGljaCBp bmNsdWRlcy BsZW5kaW5n LCBkZXBvc2 l0IGFuZCBj YXNoIG1hbm FnZW1lbnQg c2VydmljZX M7IDIpIHdl YWx0aCBtYW 5hZ2VtZW50 IGFuZCBicm 9rZXJhZ2Ug c2VydmljZX MsIGluY2x1 ZGluZyBpbn Zlc3RtZW50 IG1hbmFnZW 1lbnQsIHRy dXN0LCBhbm Qgd2VhbHRo IHBsYW5uaW 5nIHNlcnZp Y2VzOyAzKS BpbnN1cmFu Y2Ugc2Vydm ljZXMsIHdo aWNoIHByb3 ZpZGVzIHBy b3BlcnR5IG FuZCBjYXN1 YWx0eSBpbn N1cmFuY2Us IGVtcGxveW VlIGJlbmVm aXRzLCBhbm QgcmlzayBt YW5hZ2VtZW 50IHNlcnZp Y2VzOyBhbm QgNCkgcmVh bCBlc3RhdG UgZmluYW5j ZSwgd2hpY2 ggcHJvdmlk ZXMgY29tbW VyY2lhbCBy ZWFsIGVzdG F0ZSBsZW5k aW5nIGFuZC BmaW5hbmNp bmcgc2Vydm ljZXMuIDxi cj5UaGUgY2 9tcGFueSdz IGJ1c2luZX NzIG1vZGVs IGFsc28gY2 VudGVycyBv biByZXNwb2 5zaWJsZSBh bmQgc3VzdG FpbmFibGUg Z3Jvd3RoLC Bmb2N1c2lu ZyBvbiBvcm dhbmljIGdy b3d0aCB0aH JvdWdoIGN1 c3RvbWVyIG FjcXVpc2l0 aW9uIGFuZC ByZXRlbnRp b24sIGFzIH dlbGwgYXMg c3RyYXRlZ2 ljIGFjcXVp c2l0aW9ucy B0byBlbmhh bmNlIGl0cy BjYXBhYmls aXRpZXMgYW 5kIGdlb2dy YXBoaWMgcm VhY2guIEl0 IGFsc28gbW FpbnRhaW5z IGEgc3Ryb2 5nIGZvY3Vz IG9uIG1hbm FnaW5nIGNv c3RzIGFuZC BtYWludGFp bmluZyBhIH N0cm9uZyBi YWxhbmNlIH NoZWV0IHRv IHN1cHBvcn QgaXRzIGdy b3d0aCBhbm QgcHJvZml0 YWJpbGl0eS 4gQXMgYSBj b21tdW5pdH kgYmFuaywg RnVsdG9uIE ZpbmFuY2lh bCBDb3JwLi BpcyBjb21t aXR0ZWQgdG 8gc2Vydmlu ZyB0aGUgbm VlZHMgb2Yg dGhlIGNvbW 11bml0aWVz IGluIHdoaW NoIGl0IG9w ZXJhdGVzLC BhbmQgaXRz IGJ1c2luZX NzIG1vZGVs IGVtcGhhc2 l6ZXMgY29t bXVuaXR5IG ludm9sdmVt ZW50IGFuZC BzdXBwb3J0 IHRocm91Z2 ggY2hhcml0 YWJsZSBkb2 5hdGlvbnMg YW5kIHZvbH VudGVlcmlz bS4gQnkgb3 BlcmF0aW5n IHdpdGggaW 50ZWdyaXR5 IGFuZCBwdX R0aW5nIGN1 c3RvbWVycy BmaXJzdCwg RnVsdG9uIE ZpbmFuY2lh bCBDb3JwLi BhaW1zIHRv IG1haW50YW luIGl0cyBy ZXB1dGF0aW 9uIGFzIGEg dHJ1c3RlZC BhbmQgcmVs aWFibGUgZm luYW5jaWFs IHBhcnRuZX IgZm9yIGl0 cyBjdXN0b2 1lcnMu

Fulton Financial Corp’s earnings, cash flow, and valuation are significantly influenced by changes in interest rates due to its operations as a bank and financial institution. Here are several key aspects of how sensitivity manifests:
1. Earnings Sensitivity: Changes in interest rates directly affect net interest income, which is the difference between the interest earned on loans and the interest paid on deposits. In a rising interest rate environment, the bank can potentially benefit from higher rates on loans faster than it has to increase rates on deposits, leading to improved earnings. Conversely, falling interest rates can compress margins and reduce earnings.
2. Cash Flow Sensitivity: Cash flows from loans are sensitive to interest rate shifts. Fixed-rate loans may generate consistent cash flows, but if rates rise, new loans will generate more cash flow, while existing fixed loans will not adjust. Additionally, deposit flows can also be influenced by interest rate changes as clients may seek higher returns, affecting the bank’s liquidity and cash flow positions.
3. Valuation Sensitivity: The valuation of Fulton Financial Corp can be affected by interest rates through the discounted cash flow (DCF) approach. Higher interest rates may increase the discount rate applied to future cash flows, leading to a lower present value of those cash flows. Thus, if investors expect rising rates, they may lower their valuations of the bank. Alternatively, if rates are stable or decreasing, the present value of future earnings may increase.
In summary, Fulton Financial Corp’s financial performance is closely tied to interest rate movements, affecting earnings through net interest income, cash flows via loan repayments and deposit behaviors, and overall valuation by influencing investor expectations and discount rates.

CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDEwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDxp bWcgc3JjPS Jhc3NldHMv bG9nb3MvSW 9uQmlEUkRm dU1la3hXbm 9uRFUud2Vi cCIgYWx0PS JGdWx0b24g RmluYW5jaW FsIENvcnAi IHRpdGxlPS JGdWx0b24g RmluYW5jaW FsIENvcnAi ICBjbGFzcz 0iaW1nLWZs dWlkIiBoZW lnaHQ9OTAg d2lkdGg9OT AgbG9hZGlu Zz0nbGF6eS cgc3R5bGU9 J2JvcmRlci 1yYWRpdXM6 IDZweDsnPg oKICAgICAg ICAgICAgIC AgICAgICA8 ZGl2IHN0eW xlPSdmbGV4 OiAxOyB0ZX h0LWFsaWdu OiBjZW50ZX I7IG1hcmdp bi1sZWZ0Oi A1cHg7Jz4K ICAgICAgIC AgICAgICAg ICAgICAgIC AgPHAgc3R5 bGU9J2Zvbn Qtc2l6ZTog MjZweDsgY2 9sb3I6ICMz MzM7IG1hcm dpbi1ib3R0 b206IDE1cH g7Jz4KICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIPCfk4gg V2FudCB0by ByZWFkIG1v cmUgYWJvdX QgRnVsdG9u IEZpbmFuY2 lhbCBDb3Jw PwogICAgIC AgICAgICAg ICAgICAgIC AgICA8L3A+ CgogICAgIC AgICAgICAg ICAgICAgIC AgICA8YSBo cmVmPSdpbm RleC5waHA/ cGFnZT1zaW dudXAnIHN0 eWxlPScKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGJhY2 tncm91bmQt Y29sb3I6IC MwMDdCRkY7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBj b2xvcjogI2 ZmZjsKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDEwcH ggMjBweDsK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIGJv cmRlci1yYW RpdXM6IDVw eDsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IHRleHQtZG Vjb3JhdGlv bjogbm9uZT sKICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG ZvbnQtd2Vp Z2h0OiBib2 xkOwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgbWFyZ2lu LXJpZ2h0Oi AxMHB4Owog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgdHJh bnNpdGlvbj ogYmFja2dy b3VuZC1jb2 xvciAwLjNz IGVhc2U7Jw ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgb2 5tb3VzZW92 ZXI9J3RoaX Muc3R5bGUu YmFja2dyb3 VuZENvbG9y PSIjMDA1Nm IzIicKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIG9ubW91 c2VvdXQ9J3 RoaXMuc3R5 bGUuYmFja2 dyb3VuZENv bG9yPSIjMD A3QkZGIic+ CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBT aWduIHVwIG ZvciBmcmVl CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDwvYT4K CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDxzcGFu IHN0eWxlPS dtYXJnaW46 IDAgOHB4Oy Bjb2xvcjog IzU1NTsnPm 9yPC9zcGFu PgoKICAgIC AgICAgICAg ICAgICAgIC AgICAgPGEg aHJlZj0naW 5kZXgucGhw P3BhZ2U9bG 9naW4nIHN0 eWxlPScKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGNvbG 9yOiAjMDA3 QkZGOwogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgdGV4dC 1kZWNvcmF0 aW9uOiB1bm RlcmxpbmU7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBm b250LXdlaW dodDogNTAw Oyc+CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBsb2cgaW 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9hPg oKCiAgICAg ICAgICAgIC AgICAgICAg ICAgIDxwIH N0eWxlPSdt YXJnaW4tdG 9wOiAxNXB4 OyBmb250LX NpemU6IDEz cHg7IGZvbn Qtd2VpZ2h0 OiBib2xkOy Bjb2xvcjog I2QzMmYyZj snPgogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Ag8J+TliBH ZXQgaW5zaW dodHMgZnJv bSA8aT4iVG hlIENoZWNr bGlzdCBWYW x1ZSBJbnZl c3RvciDigJ QgQSBTbWFy dGVyIFdheS B0byBQaWNr IFN0b2Nrcy I8L2k+IG5v dyEKICAgIC AgICAgICAg ICAgICAgIC AgICAgPC9w PgoKICAgIC AgICAgICAg ICAgICAgIC AgICAgPCEt LQogICAgIC AgICAgICAg ICAgICAgIC AgICA8ZGl2 IHN0eWxlPS dtYXJnaW4t dG9wOiAxMn B4OyBmb250 LXNpemU6ID EzcHg7IGNv bG9yOiAjND Q0Oyc+CiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBTaWdu IHVwIG5vdy BhbmQgZ2V0 IG91ciBmcm VlIGVCb29r IAogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg PGI+VGhlIE NoZWNrbGlz dCBWYWx1ZS BJbnZlc3Rv ciDigJQgQS BTbWFydGVy IFdheSB0by BQaWNrIFN0 b2NrczwvYj 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9kaX Y+CiAgICAg ICAgICAgIC AgICAgICAg ICAgIC0tPg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8IS0tCi AgICAgICAg ICAgICAgIC AgICAgICAg IDxkaXYgc3 R5bGU9J21h cmdpbi10b3 A6IDE2cHg7 IGZvbnQtc2 l6ZTogMTRw eDsgY29sb3 I6ICM0NDQ7 IGZvbnQtZm FtaWx5OiAt YXBwbGUtc3 lzdGVtLCBC bGlua01hY1 N5c3RlbUZv bnQsIFNlZ2 9lIFVJLCBS b2JvdG8sIE hlbHZldGlj YSBOZXVlLC BzYW5zLXNl cmlmOyBsaW 5lLWhlaWdo dDogMS42Oy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC BIYXZlIHlv dSBoZWFyZC BhYm91dCBv dXIgc2hvcn QgPHN0cm9u ZyBzdHlsZT 0nZm9udC13 ZWlnaHQ6ID YwMDsnPkRh aWx5IFZpZG VvIE5ld3Ns ZXR0ZXI8L3 N0cm9uZz4/ CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICA8 YSBocmVmPS dodHRwczov L3d3dy5pbn NpZ2h0ZnVs dmFsdWUuY2 9tL25ld3Ns ZXR0ZXIucG hwJyB0YXJn ZXQ9J19ibG Fuaycgc3R5 bGU9J2NvbG 9yOiAjMDA3 QkZGOyB0ZX h0LWRlY29y YXRpb246IG 5vbmU7IGZv bnQtd2VpZ2 h0OiA1MDA7 IG1hcmdpbi 1sZWZ0OiA2 cHg7Jz4KIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC BGaW5kIG91 dCBtb3JlCi AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICA8L2 E+CiAgICAg ICAgICAgIC AgICAgICAg ICAgIDwvZG l2PgogICAg ICAgICAgIC AgICAgICAg ICAgICAtLT 4KICAgICAg ICAgICAgIC AgICAgICA8 L2Rpdj4KIC AgICAgICAg ICAgICAgID wvZGl2Pgog ICAgICAgIC AgICA8L2Rp dj4KICAgIC AgICAgICAg CiAgICAgIC AgCiAgICAg ICAgPHNwYW 4gY2xhc3M9 J2JsdXJyZW QtdGV4dCc+ CiAgICAgIC AgICAgIE1T NGdWR2hsSU UgWjFiSFJ2 YmlCRyBhVz VoYm1OcFlX IHdnUTI5eW NDNGcgZDJG eklHWnZkVy A1a1pXUWdh VzRnIE1UZz RNaUJoY3kg QjBhR1VnUm 5WcyBkRzl1 SUU1aGRHIG x2Ym1Gc0lF SmggYm1zc0 lHMWhhMiBs dVp5QnBkQ0 J2IGRtVnlJ REV6T0MgQj VaV0Z5Y3lC diBiR1F1UE dKeVBqIEl1 SUZSb1pTQm ogYjIxd1lX NTVJRyBsek lHaGxZV1J4 IGRXRnlkR1 Z5WlcgUWdh VzRnVEdGdS BZMkZ6ZEdW eUxDIEJRWl c1dWMzbHMg ZG1GdWFXRW dZVyA1a0lH OXdaWEpoIG RHVnpJRzF2 Y20gVWdkR2 hoYmlBeSBN alVnWW5KaG JtIE5vWlhN Z2FXNGcgTm lCemRHRjBa WCBNdVBHSn lQak11IElF WjFiSFJ2Ym kgQkdhVzVo Ym1OcCBZV3 dnUTI5eWND IDRnYVhNZ2 JHbHogZEdW a0lHOXVJSC BSb1pTQk9Z WE5rIFlYRW djM1J2WTIg c2daWGhqYU dGdSBaMlVn ZFc1a1pYIE lnZEdobElI TjUgYldKdm JDQkdWVSB4 VUxqeGljaj QwIExpQlVh R1VnWTIgOX RjR0Z1ZWVL QSBtWE1nYm 1GdFpTIEIz WVhNZ1kyaG ggYm1kbFpD Qm1jbSA5dE lFWjFiSFJ2 IGJpQk9ZWF JwYjIgNWhi Q0JEYjNKdy BiM0poZEds dmJpIEIwYn lCR2RXeDAg YjI0Z1JtbH VZVyA1amFX RnNJRU52IG NuQnZjbUYw YVcgOXVJR2 x1SURFNSBP REV1UEdKeV BqIFV1SUVa MWJIUnYgYm lCR2FXNWhi bSBOcFlXd2 dRMjl5IGND NGdhWE1nZE cgaGxJR3ho Y21kbCBjM1 FnWm1sdVlX IDVqYVdGc0 lHaHYgYkdS cGJtY2dZMi A5dGNHRnVl U0JpIFlYTm xaQ0JwYmkg Qk1ZVzVqWV hOMCBaWEln UTI5MWJuIF I1TENCUVpX NXUgYzNsc2 RtRnVhVyBF dVBHSnlQal l1IElGUm9a U0JqYjIgMX dZVzU1SUds eiBJR0VnWk dsMlpYIEp6 YVdacFpXUW cgWm1sdVlX NWphVyBGc0 lITmxjblpw IFkyVnpJR0 52YlggQmhi bmtnZEdoaC BkQ0J2Wm1a bGNuIE1nWW 1GdWEybHUg Wnl3Z2FXNX pkWCBKaGJt TmxMQ0JwIG JuWmxjM1J0 WlcgNTBJRz FoYm1GbiBa VzFsYm5Rc0 lHIEZ1WkNC dmRHaGwgY2 lCbWFXNWhi bSBOcFlXd2 djMlZ5IGRt bGpaWE11UE cgSnlQamN1 SUVaMSBiSF J2YmlCR2FX IDVoYm1OcF lXd2cgUTI5 eWNDNGdhRy BGeklHSmxa VzRnIGNtVm piMmR1YVgg cGxaQ0JoY3 lCdiBibVVn YjJZZ2RHIG hsSU9LQW5G ZHYgY214az RvQ1pjeSBC TmIzTjBJRV YwIGFHbGpZ V3dnUTIgOX RjR0Z1YVdW eiA0b0NkSU dKNUlIIFJv WlNCRmRHaH AgYzNCb1pY SmxJRSBsdW MzUnBkSFYw IFpTQm1iM0 lnYzIgVjJa VzRnWTI5dS BjMlZqZFhS cGRtIFVnZV dWaGNuTXUg UEdKeVBqZ3 VJRSBsdUlE SXdNakFzIE lIUm9aU0Jq YjIgMXdZVz U1SUhkaCBj eUJ1WVcxbF pDIEIwYnlC R2IzSmkgWl hQaWdKa2di RyBsemRDQn ZaaURpIGdK eEJiV1Z5YV cgTmg0b0Na Y3lCQyBaWE 4wSUVKaGJt IHR6NG9DZE lHWnYgY2lC MGFHVWdjMi BsNGRHZ2dZ Mjl1IGMyVm pkWFJwZG0g VWdlV1ZoY2 k0OCBZbkkr T1M0Z1ZHIG hsSUdOdmJY QmggYm5rZ2 FHRnpJRyBK bFpXNGdibU Z0IFpXUWdZ WE1nYjIgNW xJRzltSUhS byBaU0RpZ0 p4Q1pYIE4w SUVKaGJtdH ogSUhSdklG ZHZjbSBzZ1 JtOXk0b0Nk IElHSjVJRU Z0WlggSnBZ MkZ1SUVKaC BibXRsY2lC bWIzIElnWm 1sMlpTQmog YjI1elpXTj FkRyBsMlpT QjVaV0Z5IG N5NDhZbkkr TVQgQXVJRV oxYkhSdiBi aUJHYVc1aG JtIE5wWVd3 Z1EyOXkgY0 M0Z2FHRnpJ RyA5MlpYSW dKREkzIElH SnBiR3hwYj IgNGdhVzRn WVhOeiBaWF J6TGp4aWNq IDR4TVM0Z1 ZHaGwgSUdO dmJYQmhibi BrZ2FHRnpJ R0VnIGMzUn liMjVuSUcg TnZiVzFwZE cxbCBiblFn ZEc4Z2MzIF Z3Y0c5eWRH bHUgWnlCMG FHVWdZMiA5 dGJYVnVhWF JwIFpYTWdh WFFnYzIgVn lkbVZ6TENC MyBhWFJvSU c5MlpYIEln SkRFeUlHMX AgYkd4cGIy NGdaRyA5dV lYUmxaQ0Iw IGJ5QmphR0 Z5YVggUmhZ bXhsSUdOaC BkWE5sY3lC cGJpIEF5TU RFNUlHRnMg YjI1bExqeG ljaiA0eE1p NGdSblZzIG RHOXVJRVpw Ym0gRnVZMm xoYkNCRCBi M0p3TGlCb1 lYIE1nWW1W bGJpQnkgWl dOdloyNXBl bSBWa0lHRn pJR0VnIGRH OXdMWEJsY2 0gWnZjbTFw Ym1jZyBZbU Z1YXlCaWVT IEIwYUdVZ1 NXNWsgWlhC bGJtUmxibi BRZ1EyOXRi WFZ1IGFYUj VJRUpoYm0g dGxjbk1nYj JZZyBRVzFs Y21sallTIE FvU1VOQ1FT a3UgUEdKeV BqRXpMaSBC VWFHVWdZMj l0IGNHRnVl U0JvWVggTW djbVZqWlds MiBaV1FnZG 1GeWFXIDkx Y3lCaGQyRn kgWkhNZ1pt OXlJRyBsMG N5QmxlR05s IGJHeGxibU 5sSUcgbHVJ R04xYzNSdi BiV1Z5SUhO bGNuIFpwWT JVc0lHbHUg WTJ4MVpHbH VaeSBCMGFH VWdTR2xuIG FHVnpkQ0JE ZFggTjBiMj FsY2lCVCBZ WFJwYzJaaF kzIFJwYjI0 Z2QybDAgYU NCU1pYUmhh VyB3Z1FtRn VhMmx1IFp5 QnBiaUIwYU cgVWdUV2xr TFVGMCBiR0 Z1ZEdsaklG IEpsWjJsdm JpQmkgZVNC S0xrUXVJRi BCdmQyVnlM anhpIGNqNH hOQzRnVkcg aGxJR052Yl hCaCBibmtn YUdGeklHID FoWkdVZ1lT QmogYjIxdG FYUnRaVyA1 MElIUnZJSE 4xIGMzUmhh VzVoWW0gbH NhWFI1SUdG dSBaQ0JwY3 lCaElHIDFs YldKbGNpQn YgWmlCMGFH VWdWUyA1VE xpQkhjbVZs IGJpQkNkV2 xzWkcgbHVa eUJEYjNWdS BZMmxzTGp4 aWNqIDR4Tl M0Z1JuVnMg ZEc5dUlFWn BibSBGdVky bGhiQ0JEIG IzSndMaUJv WVggTWdZV0 54ZFdseSBa V1FnTVRNZ1 ptIGx1WVc1 amFXRnMgSU dsdWMzUnBk SCBWMGFXOX VjeUJ6IGFX NWpaU0F4T1 QgZzJMQ0Js ZUhCaCBibV JwYm1jZ2FY IFJ6SUhKbF lXTm8gSUdG dVpDQnpaWC BKMmFXTmxj eUJoIFkzSn ZjM01nZEcg aGxJRTFwWk MxQiBkR3ho Ym5ScFl5IE J5WldkcGIy NHUKICAgIC AgICA8L3Nw YW4+CiAgIC AgICAgCiAg ICAgICAg
See Company Q&A