- Third-quarter profit of 14 cents a share misses analysts' consensus estimate of 16 cents.
- Adds $28 million in mortgage repurchase expenses.
- Commences $100 million share repurchase.
|First Horizon National CEO Bryan Jordan|
Banks and insurers have surged on hopes of rate rises. What now?
First Horizon (FHN) stock is rising in pre-market trading Friday after the bank holding company delivered 2016 second quarter results that exceeded analysts’ expectations.
First Horizon (FHN) is scheduled to report its 2016 second quarter earnings before Friday’s opening bell.