NYSE:FHNBanks
Is First Horizon’s Earnings Beat And 8.1% Revenue Growth Altering The Investment Case For FHN?
Earlier this week, First Horizon reported an 8.1% year-on-year increase in revenue and a strong beat on both overall revenue and net interest income estimates, following a generally satisfactory quarter for regional banks.
The earnings surprise highlights how First Horizon’s core lending and interest income engine is currently outperforming analyst expectations, setting it apart within the regional banking group.
We’ll now examine how First Horizon’s stronger-than-expected revenue and net...