First Horizon National (FHN) Tops Q3 EPS by 2c
Tweet
Share
E-mail
Get Alerts FHN Hot Sheet
Price: $20.99 -1.96%
Financial Fact:
Total noninterest expense: 233.56M
Today's EPS Names:
RVCB, EMMS, GMGI, More
Financial Fact:
Total noninterest expense: 233.56M
Today's EPS Names:
RVCB, EMMS, GMGI, More
Join SI Premium – FREE
First Horizon National (NYSE: FHN) reported Q3 EPS of $0.27, $0.02 better than the analyst estimate of $0.25.
Regional Bank
| Average loan growth of 18% Average core deposits up 7% Return on assets (ROA) at 1.47%* Return on equity (ROE) at 24%* | |||||||||||
| Fixed Income | Fixed income product average daily revenue (ADR) at $922,000, up 37% Continued fee income growth ROA at 1.63%* ROE at 27%* | ||||||||||
| Consolidated | Net income up 7% and earnings per share (EPS) up 8% Revenues up 16%; expenses up 8%; efficiency ratio improved to 70% Net interest income (NII) up 13%; net interest margin (NIM) up 11 basis points to 2.96% Average loans up 12%; average core deposits up 11% | ||||||||||
| Asset Quality | Trends remain favorable; nonperforming assets (NPAs) down 20% Net charge-offs (NCOs) declined to annualized 0.05% of average loans Consolidated reserve-to-loans ratio at 1.03% | ||||||||||
| Capital Deployment | Repurchased $7.1 million, or ~468,000 common shares Completed acquisition of ~$537 million in franchise finance loans | ||||||||||
For earnings history and earnings-related data on First Horizon National (FHN) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- CACI International (CACI) Tops Q2 EPS by 75c, provides guidance
- Cohen & Steers (CNS) Misses Q4 EPS by 2c
- Alcoa (AA) Tops Q4 EPS by 11c
Create E-mail Alert Related Categories
EarningsRelated Entities
Earnings, Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
