First Horizon National (FHN) Tops Q3 EPS by 7c
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First Horizon Earns $0.29 Per Share in Third Quarter
October 16, 2015 6:30 AM EDTMEMPHIS, Tenn., Oct. 16, 2015 (GLOBE NEWSWIRE) -- First Horizon National Corp. (NYSE: FHN), parent company of First Tennessee Bank and FTN Financial, earned $0.29 per common share for third quarter 2015, with total average loans up 6 percent and total average core deposits up 20 percent from third quarter 2014. First Tennessee Bank continued to generate business in specialty lending areas such as asset-based lending, corporate banking and commercial real estate, although seasonal housing trends reduced loans to mortgage companies in the quarter. First Horizon completed its acquisition of Raleigh, N.C.-based TrustAtlantic Bank and its parent company, TrustAtlantic Financial Corp.,... More
First Horizon Earns $0.29 Per Share in Third Quarter
October 16, 2015 6:30 AM EDTMEMPHIS, Tenn., Oct. 16, 2015 (GLOBE NEWSWIRE) -- First Horizon National Corp. (NYSE: FHN), parent company of First Tennessee Bank and FTN Financial, earned $0.29 per common share for third quarter 2015, with total average loans up 6 percent and total average core deposits up 20 percent from third quarter 2014. First Tennessee Bank continued to generate business in specialty lending areas such as asset-based lending, corporate banking and commercial real estate, although seasonal housing trends reduced loans to mortgage companies in the quarter. First Horizon completed its acquisition of Raleigh, N.C.-based TrustAtlantic Bank and its parent company, TrustAtlantic Financial Corp.,... More
