First Horizon National Corporation (FHN)

Today, it reported a solid quarter, though net interest margins shrank by 3 basis points and part of the earnings beat came from a lower tax rate. Any dip is a buy.

Up 40% since early April lows. Delivered a small revenue beat and nice earnings beat.

They beat earnings today and shares jumped 4%, after rallying 6% in previous days, up 23% this year. It has more room to run.

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.