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Shares of First Horizon (NYSE:FHN) rose 1.8% in pre-market trading after the company reported Q4 results.
Earnings per share fell 2.13% year over year to $0.46, which beat the estimate of $0.33.
Revenue of $810,000,000 higher by 63.74% year over year, which beat the estimate of $783,280,000.
First Horizon hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Jan 22, 2021
Time: 09:30 AM
Recent Stock Performance
52-week high: $17.40
Company's 52-week low was at $6.27
Price action over last quarter: Up 33.40%
First Horizon Corp is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee. The regional bank is responsible for roughly 65% of its revenue, while capital markets make a 25% contribution. The remainder is split between the firm's non-strategic (wind-down) and corporate operations. First Horizon concentrates on offering a variety of banking products mainly in its home state, where it has the second- largest deposit franchise with a 13% deposit market share.
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