Reports Q3 tangible book value per share $11.22. “Our third quarter results demonstrated the strength and resilience of our company. Our loan and deposit trends continue to be solid. We opened more than 19,000 new deposit accounts bringing over $1 billion in new balances,” said Chairman, President and Chief Executive Officer Bryan Jordan. “We remain disciplined with credit quality; as the economic environment drives credit normalization, we expect credit to perform well over the cycle.”
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Read More on FHN:
- First Horizon Corporation Reports Third Quarter 2023 Net Income Available to Common Shareholders of $129 Million, or EPS of $0.23; $150 Million, or $0.27, on an Adjusted Basis*
- Notable companies reporting before tomorrow’s open
- First Horizon National (FHN) Q3 Earnings Cheat Sheet
- First Horizon price target lowered to $12 from $15 at Jefferies
- First Horizon price target lowered to $12 from $14 at RBC Capital
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