First Horizon National (FHN) Edges-Out Q2 Expectations

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Go back to First Horizon National (FHN) Edges-Out Q2 Expectations

Momentum remains strong for First Horizon in second quarter

July 15, 2016 6:50 AM EDT

MEMPHIS, Tenn., July 15, 2016 (GLOBE NEWSWIRE) -- The second quarter saw continued strength in First Horizon National Corp.s (NYSE: FHN) core businesses of regional banking, First Tennessee Bank, and fixed income, FTN Financial. Loans and deposits continued to grow, asset quality remains strong and the company generated a 48 percent increase in average daily revenue from fixed income products over 2015 levels.  

Our performance remained strong in the second quarter, with good numbers across the board, said Bryan Jordan, First Horizons chairman and CEO. The customer-focused work of our people continues to drive strong loan growth,... More