Market Overview

Recap: First Horizon Q4 Earnings

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Shares of First Horizon (NYSE:FHN) rose 1.8% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share fell 2.13% year over year to $0.46, which beat the estimate of $0.33.

Revenue of $810,000,000 higher by 63.74% year over year, which beat the estimate of $783,280,000.

Looking Ahead

First Horizon hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Jan 22, 2021

Time: 09:30 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/fhn/mediaframe/42046/indexr.html

Recent Stock Performance

52-week high: $17.40

Company's 52-week low was at $6.27

Price action over last quarter: Up 33.40%

Company Profile

First Horizon Corp is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee. The regional bank is responsible for roughly 65% of its revenue, while capital markets make a 25% contribution. The remainder is split between the firm's non-strategic (wind-down) and corporate operations. First Horizon concentrates on offering a variety of banking products mainly in its home state, where it has the second- largest deposit franchise with a 13% deposit market share.

 

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Posted-In: BZI-RecapsEarnings News

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