This summary was created by AI, based on 3 opinions in the last 12 months.
First Horizon National Corporation (FHN-N) reported a strong quarter with lower credit charges, $6 billion in new deposits, and 5% loan growth last year. The company is still doing well despite a modest revenue miss and small earnings due to better expense controls. Experts believe the company got a raw deal when TD backed out of their takeover deal, but they still recommend it as a strong buy ahead of the investor day on Tuesday.
A steady operator with shares up 16% this year but reported a miss today and cut guidance due to increased competition in the south where they operator. Shares were down nearly 6% today.
They reported earlier this week a strong quarter. Credit charges were lower than expected, they attracted $6 billion in new deposits in mid-2023, and 5% loan growth last year.
They had nothing to do with the end of the TD takeover; regulators did. This morning they reported a so-so quarter with a modest revenue miss and small earnings due to better expense controls. It's still doing well.
Have an investor day on Tuesday. They got a raw deal when TD back out of their takeover deal. A strong buy and would buy it ahead of Tuesday. He says this not caring about regional banks.
First Horizon National Corporation is a American stock, trading under the symbol FHN-N on the New York Stock Exchange (FHN). It is usually referred to as NYSE:FHN or FHN-N
In the last year, 2 stock analysts published opinions about FHN-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for First Horizon National Corporation.
First Horizon National Corporation was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for First Horizon National Corporation.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered First Horizon National Corporation In the last year. It is a trending stock that is worth watching.
On 2024-10-31, First Horizon National Corporation (FHN-N) stock closed at a price of $17.33.
They beat earnings today and shares jumped 4%, after rallying 6% in previous days, up 23% this year. It has more room to run.