First Horizon National (FHN) Reports In-Line Q1 EPS
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First Horizon momentum continues in first quarter
April 15, 2016 7:00 AM EDTMEMPHIS, Tenn., April 15, 2016 (GLOBE NEWSWIRE) -- The core businesses at First Horizon National Corp. (NYSE: FHN) regional banking through First Tennessee Bank and fixed income through FTN Financial continued to deliver solid performances in the first quarter.Â
Building on its already-number-one market position, First Tennessee Bank generated average loan growth of 13 percent and average deposit growth of 8 percent for first quarter 2016 compared to first quarter 2015. At FTN Financial average daily revenue was up 8 percent year over year. Efforts throughout the company yielded a 7 percent increase in revenue for First Horizon from first quarter... More
