First Horizon National Corp. (FHN) Tops Q2 EPS by 3c
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2Q EPS Up as First Horizon Creates Strong Momentum
July 18, 2014 7:00 AM EDTMEMPHIS, Tenn., July 18, 2014 (GLOBE NEWSWIRE) -- Strong performance highlighted by growth in loans and net interest income and the recovery of certain litigation costs yielded First Horizon National Corp. (NYSE: FHN) earnings per share of $0.32 for the second quarter, compared to EPS of $0.19 last quarter.
Total loans were up 4 percent from first to second quarter in First Horizon's regional banking business, First Tennessee, which has the largest market share in Tennessee. The bank saw double-digit year-over-year loan growth in asset-based lending, commercial real estate and its Mid-Atlantic region that includes the Carolinas,... More
