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

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