First Horizon National (FHN) Reports Q4 Loss Per Share of 20c

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Go back to First Horizon National (FHN) Reports Q4 Loss Per Share of 20c

First Horizon wraps up 2017 with strong momentum

January 19, 2018 6:30 AM EST

MEMPHIS, Tenn., Jan. 19, 2018 (GLOBE NEWSWIRE) -- Fundamentals remained strong in 2017 at First Horizon National Corp. (NYSE: FHN), driven by solid growth trends in loans and deposits at First Tennessee Bank, as well as the closing of the Capital Bank transaction. Reported earnings per share were $0.65 in 2017, compared to $0.94 in 2016. On an adjusted basis, earnings per share in 2017 were $1.111, excluding the impact from tax reform, other tax adjustments and acquisition expense, as well as other notable items. Reflected in the fourth quarter results are the previously announced $1,000 bonuses to approximately 70... More