First Horizon reports better-than-expected second quarter results
Deposits, loan growth and income from interest drove the positive results, First Horizon executives said.
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Deposits, loan growth and income from interest drove the positive results, First Horizon executives said.
First Horizon officials said on an earnings call they’re optimistic about future quarters, despite global conflict and rising inflation.
Despite potential uncertainty following the dissolution of a $13.4 billion merger with TD, First Horizon says it pulled in 32,000 new-to-bank clients during the quarter, bringing $3.5 billion in deposit balances.
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