First Horizon National (FHN) Reports In-Line Q2 EPS

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Go back to First Horizon National (FHN) Reports In-Line Q2 EPS

First Horizon’s strength evident in 2Q17

July 14, 2017 6:45 AM EDT

MEMPHIS, Tenn., July 14, 2017 (GLOBE NEWSWIRE) -- Double-digit year-over-year percentage increases in revenue, pre-tax income, loans and average deposits at First Tennessee Bank were drivers of a strong second quarter at First Horizon National Corp. (NYSE: FHN).  Returns and profitability improved with higher return on tangible common equity (ROTCE) and return on assets (ROA). Growth in loans and deposits coupled with the Feds recent interest rate increases led to a 14 percent improvement in net interest income year over year. Credit quality trends remain excellent.    

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