Fulton Financial (FULT) 8-K Fulton Financial Announces Launch of

Exhibit 12.1

Statement Re: Computation of Ratio of Earnings to Fixed Charges

(Dollars in Thousands)

	For the Three Months Ended March 31,									For the Year Ended December 31,
	2015			2014			2014			2013			2012			2011			2010
Income before income taxes	$	53,540		$	56,017		$	210,500		$	212,925		$	217,446		$	196,411		$	172,741
Interest expense, including interest on deposits		22,191			19,227			81,211			82,495			103,168			133,538			186,627
Amortization of debt discount(premium) and expenses, including amounts capitalized		150			83			334			315			297			280			265
Estimated interest component of net rental expense (1)		1,487			1,472			5,932			6,202			6,301			6,026			5,898
Earnings	$	77,368		$	76,799		$	297,976		$	301,937		$	327,212		$	336,255		$	365,531
Interest expense, including interest on deposits	$	22,191		$	19,227		$	81,211		$	82,495		$	103,168		$	133,538		$	186,627
Amortization of debt discount(premium) and expenses, including amounts capitalized		150			83			334			315			297			280			265
Estimated interest component of net rental expense (1)		1,487			1,472			5,932			6,202			6,301			6,026			5,898
Fixed Charges, excluding preferred stock dividends and discount accretion		23,828			20,782			87,476			89,012			109,766			139,844			192,790
Preferred stock dividends and discount accretion		—			—			—			—			—			—			16,303
Interest, including amounts capitalized		22,191			19,227			81,211			82,495			103,168			133,538			186,627
Amortization of debt discount(premium) and expenses, including amounts capitalized		150			83			334			315			297			280			265
Interest factor of rental expense (1)		1,487			1,472			5,932			6,202			6,301			6,026			5,898
Fixed Charges, excluding preferred stock dividends and discount accretion		23,828			20,782			87,476			89,012			109,766			139,844			192,790
Preferred Dividend requirements		—			—			—			—			—			—			16,303
Fixed Charges, including preferred stock dividends and discount accretion	$	23,828		$	20,782		$	87,476		$	89,012		$	109,766		$	139,844		$	209,093
Less Interest on Deposits		(9,823	)		(7,897	)		(35,110	)		(36,770	)		(56,895	)		(83,083	)		(122,359	)
Fixed Charges, excluding Interest on Deposits		14,005			12,886			52,366			52,241			52,871			56,761			86,734
Consolidated Ratio of Earnings to Fixed Charges (including interest on deposits)		3.25			3.70			3.41			3.39			2.98			2.40			1.90
Consolidated Ratio of Earnings to Combined Fixed Charges and Preference Dividends (including interest on deposits)		3.25			3.70			3.41			3.39			2.98			2.40			1.75
Income before income taxes	$	53,540		$	56,017		$	210,500		$	212,925		$	217,446		$	196,411		$	172,741
Interest expense, excluding interest on deposits		12,368			11,330			46,101			45,725			46,273			50,455			64,268
Amortization of debt discount(premium) and expenses, including amounts capitalized		150			83			334			315			297			280			265
Estimated interest component of net rental expense (1)		1,487			1,472			5,932			6,202			6,301			6,026			5,898
Earnings	$	67,545		$	68,903		$	262,866		$	265,166		$	270,317		$	253,172		$	243,172
Interest expense, excluding interest on deposits		12,368			11,330			46,101			45,725			46,273			50,455			64,268
Amortization of debt discount(premium) and expenses, including amounts capitalized		150			83			334			315			297			280			265
Estimated interest component of net rental expense (1)		1,487			1,472			5,932			6,202			6,301			6,026			5,898
Fixed Charges, excluding preferred stock dividends and discount accretion		14,005			12,886			52,366			52,241			52,871			56,761			70,431
Preferred stock dividends and discount accretion		—			—			—			—			—			—			16,303
Fixed Charges, including preferred stock dividends and discount accretion	$	14,005		$	12,886		$	52,366		$	52,241		$	52,871		$	56,761		$	86,734
Consolidated Ratio of Earnings to Fixed Charges (excluding interest on deposits)		4.82			5.35			5.02			5.08			5.11			4.46			3.45
Consolidated Ratio of Earnings to Combined Fixed Charges and Preference Dividends (excluding interest on deposits)		4.82			5.35			5.02			5.08			5.11			4.46			2.80

(1) Represents one-third of total rent expense