First Horizon reports better-than-expected second quarter results
First Horizon Bank downtown headquarters on Wednesday, Nov. 6, 2019. (Mark Weber/Daily Memphian file)
First Horizon Bank reported second quarter earnings of $0.54 per share on Wednesday, July 15, exceeding Wall Street’s expectations of $0.52 per share.
The Memphis-based bank reported revenue of $887 million, also exceeding analysts’ expectations of $878 million.
The bank reported net income of $260 million, up from $257 million in the first quarter and up 12% from $233 million in the same period last year.
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First Horizon Bank First Horizon Corporation Bryan Jordan Hope Dmuchowski Thomas Hung Subscriber OnlyThank you for reading The Daily Memphian. Your support is critical.
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Noah McLane
Noah McLane reports on business for The Daily Memphian. He was born and raised in Tennessee and attended journalism school at Middle Tennessee State University, where his passion for community-focused storytelling blossomed.
Prior to writing for the business section, Noah was the editor-in-chief of his college newspaper, worked on general assignment for the Jackson Hole News & Guide in Jackson, Wyoming, and was most recently the statehouse reporter for The Daily Memphian.
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