First Horizon National (FHN) Tops Q1 EPS by 3c
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First Horizon Corporation Reports First Quarter Net Income Available to Common Shareholders of $225 million, or EPS of $0.40; $284 million, or $0.51, on an Adjusted Basis*
April 21, 2021 6:45 AM EDTFirst quarter 2021 ROTCE of 15.9%; Adjusted ROTCE of 20.2% improved from 18.2% in fourth quarter 2020*
Tangible book value per share of $10.30 up 1% from fourth quarter 2020
MEMPHIS, Tenn., April 21, 2021 (GLOBE NEWSWIRE) -- First Horizon Corporation (NYSE: FHN or First Horizon) today reported first quarter 2021 net income available to common shareholders ("NIAC") of $225 million, or earnings per share of $0.40, compared with fourth quarter 2020 NIAC of $234 million, or earnings per share of $0.42. First quarter 2021 results were reduced by a net $60 million after-tax, or $0.11 per share, of notable items largely related to the... More
