First Horizon National (FHN) Tops Q2 EPS by 6c

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Go back to First Horizon National (FHN) Tops Q2 EPS by 6c

First Horizon National Corp. Reports Second Quarter EPS of $0.17 with Adjusted EPS of $0.20**

July 17, 2020 6:30 AM EDT

Results reflect additional CECL-related reserve build of $93 million, or $0.23 per share driven by COVID-19 impact

Strong fee income, up 31% year over year driven by strength in fixed income

CET1 ratio of 9.3% improved 72 bps from first quarter 2020

Tangible book value per share of $9.99

MEMPHIS, Tenn., July 17, 2020 (GLOBE NEWSWIRE) -- First Horizon National Corp. (NYSE:FHN or First Horizon) today reported second quarter net income available to common shareholders (NIAC) of $52 million, or $0.17 per share, up from... More