Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
First Horizon (FHN)
NYSE:FHN
Earnings Data
Report Date
Apr 22, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.39Last Year’s EPS
0.33Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Jan 16, 2025
|% Change Since: 3.23%
|Next Earnings Date:Apr 22, 2025
Earnings Call Sentiment|Neutral
The call highlighted strong EPS and margin growth, capital returns to shareholders, and a successful securities portfolio restructuring, with ongoing challenges in fee income and non-performing loans. The sentiment is cautiously optimistic with confidence in strategic positioning for 2025.Company Guidance
During the First Horizon Bank Q4 2024 earnings call, the executives provided comprehensive guidance for 2025, emphasizing their resilience and strategic focus amid various economic conditions. The bank aims for revenue growth between flat to 4%, leveraging its countercyclical businesses as a hedge against potential interest rate declines. They reported an adjusted EPS growth of 8% for 2024, with a net interest margin maintained at 3.35% despite declining rates. The bank's capital return to shareholders in 2024 included $930 million through dividends and share repurchases. Looking ahead, they project adjusted expense increases of 2% to 4%, aligned with ongoing technology investments and operational efficiencies. Moreover, First Horizon targets a long-term return on tangible common equity of 15%, bolstered by disciplined credit management and proactive capital deployment strategies, aiming to sustain their robust CET1 ratio within a 10.5% to 11% range.EPS and Margin Growth
EPS grew by $0.12 or 8% from the prior year, with a strong net interest margin of 3.35% despite declining interest rates.
Capital Return to Shareholders
Returned over $930 million of capital to shareholders through dividends and share repurchases.
Strong Credit Performance
Net charge-off ratio for the full year was 18 basis points, a decline of 10 basis points from the prior year.
Successful Securities Portfolio Restructuring
Restructured $1.2 billion in securities, increasing yield from 1.9% to 5.1%, expecting an incremental annual impact to net interest income of approximately $35 million.
Loan and Deposit Growth
Average loans grew by over 3%, and deposits by more than 2%.
---
FHN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
FHN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 16, 2025 | $21.39 | $21.31 | -0.37% |
| Oct 16, 2024 | $16.59 | $17.26 | +4.04% |
| Jul 17, 2024 | $17.15 | $16.16 | -5.77% |
| Apr 17, 2024 | $13.53 | $13.79 | +1.92% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does First Horizon (FHN) report earnings?
First Horizon (FHN) is schdueled to report earning on Apr 22, 2025, TBA Not Confirmed.
What is First Horizon (FHN) earnings time?
First Horizon (FHN) earnings time is at Apr 22, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FHN EPS forecast?
FHN EPS forecast for the fiscal quarter 2025 (Q1) is 0.39.
---