Fulton Financial 8K Another year of good solid growth | FULT 15 Apr 03

EXHIBIT 99.1

Another year of good solid growth

Fulton Financial Corporation

Safe Harbor statement

The following presentation may contain forward-looking statements about Fulton Financial Corporation’s growth and acquisition strategies, new products and services, and future financial performance, including earnings and dividends per share, return on average assets, return on average equity, efficiency ratio and capital ratio. Forward-looking statements are encouraged by the Private Securities Litigation Reform Act of 1995.
Such forward-looking information is based upon certain underlying assumptions, risks and uncertainties. Because of the possibility of change in the underlying assumptions, actual results could differ materially from these forward-looking statements. Risks and uncertainties that may affect future results include: pricing pressures on loans and deposits, actions of bank and non-bank competitors, changes in local and national economic conditions, changes in regulatory requirements, actions of the Federal Reserve Board, the Corporation’s success in merger and acquisition integration, and customers’ acceptance of the Corporation’s products and services.

Photo Slides

(Photos of the board of directors,
senior management, and affiliate
CEOs appear here)

Another year of good solid growth

Fulton Financial Corporation

Highlights of 2002

Fulton Financial Corporation

Company ratings

Moody’s Investors Service

Short-term rating P-1

Long-term rating A-1

Fitch Ratings

Short-term rating F-1

Long-term rating A

Contributors to other income

$800 million in mortgage loans

Investment management and trust services

Corporate cash management fees, debit card fees and checking-related fees

The Bank/Woodstown National merger

The Bank(SM)
South Jersey’s
Best Community Bank

Pillars of the Community award

Employee opinion survey (June 2002)

Customer service

Management team performance

Company image and mission

Team orientation

Technology and systems

Training and development

Sales orientation

Work effectiveness

Pay and benefits

Employee satisfaction

Employee satisfaction

Officer retention rate: 90%

Overall employee retention rate: 81%

Employee stock ownership: 70%

(more than 2 million shares)

The Newcomen Society award

Premier Bancorp, Inc.

Historical double-digit growth in deposits, loans, fee income and net income

Strong asset quality

Premier branches are contiguous to and within current affiliate bank markets

Strategic implications

Increased non-interest income opportunities

Expansion of markets for Fulton Mortgage Company and Fulton Financial Advisors

Provides Premier with increased lending capacity and additional capital

Retail banking expansion

Where are we located?

Pennsylvania
New Jersey
Maryland
Delaware

Highlights of 2002

Fulton Financial Corporation

Fulton Financial Corporation

Business Ethics
&
Corporate Governance

Already in place

Expedited two-business-day reporting of insider stock transactions

CEO and CFO certifications of quarterly and annual SEC filings

Disclosure Committee formed

Now in progress

Code of Conduct applicable specifically to the CEO, CFO and Controller

Independent Audit Committee— Financial Expert— Revised Audit Committee charter

Establish a confidential and anonymous reporting process for perceived corporate wrongdoing

Fulton Financial Corporation

Code of Conduct

Scott Smith
President and Chief Operating Officer

2002 Financial Performance

Fulton Financial profile(as of 12/31/02)

$8.4 billion in assets (Rank: 58th)

$1.8 billion in market capitalization (Rank: 49th)

2nd largest commercial bank headquartered in Third Federal Reserve District

Fulton Financial profile (as of 12/31/02)

Eleven affiliate banks
188 banking offices
210 automated teller machines

What have we accomplished?

21 consecutive years of record earnings
9.3% compounded annual growth rate in earnings per share

Fulton Financial Corporation

What have we accomplished?

28 consecutive years of dividend increases
10.3% compounded annual growth
rate in dividends per share
Proven business model
Consistently high performance

Fulton Financial Corporation

Fulton Financial Corporation

Record earnings
High asset quality
Strong net interest margin
Prudent expense control

2002 performance

$1.29 Net income per share (12.2% increase over 2001)

Total Net Income: $132.9 million

$0.586 Cash dividends per share (10.6% increase over 2001)

Total cash dividends declared: $60.1 million

2002 performance

1.68% Return on assets
15.86% Return on equity
52.40% Efficiency ratio
9.40% Leverage capital ratio

2002 total return

Institution/Index Change

Nasdaq Bank Index 7.32

Fulton Financial 4.42

Peer Group 2.56

Large Banks -2.70

NYSE Bank Index -11.55

Dow Jones -15.48

S&P 500 -22.56

Nasdaq Nat'l Mkt. -32.56

Five-year total return

Institution/Index Percent change

Peer Group 24.33%

Nasdaq Banks 19.89

Fulton Financial 19.48

NYSE Banks 15.83

Dow Jones Ind. Avg. 15.12

Large Banks 7.23

S&P 500 -2.88

Nasdaq Nat'l. Mkt. -13.56

2003 stock performance (year-to-date)

$17.66 12/31/02
$19.72 4/14/03

A 11.66% increase
since year-end 2002.

Analysts who follow our company

Cohen Bros. Outperform
Ferris Baker Watts Buy
Janney Montgomery Scott Buy
Keefe Bruyette & Woods Market Perform
Legg Mason Wood Walker Buy
McConnell, Budd & Romano Outperform
McDonald Investments Hold
RBC Capital Markets Sector perform
Ryan Beck Outperform
Salomon Smith Barney In-line
Sandler O'Neill & Partners Maintain

Stock Performance (1982-2002)

1982 2002

100 shares $1,750 1,493 shares $26,366

14% return WITHOUT dividend reinvestment

Stock Performance (1982-2002)

1982 2002

100 shares $1,750 3,067 shares $54,165

18% return WITH dividend reinvestment

Fulton Financial Corporation

Strategic Plan

Our mission statement

We will increase shareholder value and enrich the communities we serve by creating financial success together with our customers and career success together with our employees.
We will conduct all of our business with honesty and integrity.