- 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|
The combined company creates the fourth largest regional bank in the southeast.
Here are Tuesday's top research calls, including new coverage of Colgate-Palmolive, Clorox and Splunk, a downgrade for Cummins and an upgrade for McDonald's.