First Horizon(US:FHN) ZACKSยท2025-10-10 14:16Core Viewpoint - First Horizon National (FHN) is expected to report quarterly earnings of $0.45 per share, a 7.1% increase year-over-year, with revenues projected at $845.74 million, reflecting a 2.1% increase compared to the same period last year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 0.2% over the past 30 days, indicating a collective reassessment by analysts [2]. - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Key Metrics - Analysts estimate the 'Efficiency Ratio' to be 59.4%, down from 61.9% a year ago [5]. - The 'Net Interest Margin (FTE)' is projected to be 3.4%, slightly up from 3.3% year-over-year [5]. - The estimated 'Average Balance - Total interest earning assets' is $76.29 billion, compared to $76.12 billion a year ago [5]. Nonperforming Assets - 'Total nonperforming assets' are expected to reach $606.83 million, up from $585.00 million in the same quarter last year [6]. - The consensus for 'Total nonperforming loans and leases' stands at $603.83 million, compared to $578.00 million reported in the same quarter last year [6]. Income Projections - 'Total Non-Interest Income' is projected at $191.94 million, down from $200.00 million in the same quarter last year [7]. - 'Net interest income (FTE)' is expected to be $657.64 million, compared to $631.00 million a year ago [7]. - Another estimate for 'Net Interest Income' is $654.15 million, up from $627.00 million in the same quarter last year [8]. Stock Performance - First Horizon shares have increased by 3% over the past month, compared to a 3.5% increase in the Zacks S&P 500 composite [8]. - With a Zacks Rank 2 (Buy), FHN is anticipated to outperform the overall market in the near term [8].