First Horizon National (FHN) Surpasses Q3 Earnings and Revenue Estimates

Core Insights - First Horizon National (FHN) reported quarterly earnings of $0.51 per share, exceeding the Zacks Consensus Estimate of $0.45 per share, and up from $0.42 per share a year ago, representing an earnings surprise of +13.33% [1] - The company posted revenues of $893 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 5.59%, compared to year-ago revenues of $828 million [2] - First Horizon shares have increased approximately 14.3% year-to-date, outperforming the S&P 500's gain of 13% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.45 on revenues of $851.32 million, and for the current fiscal year, it is $1.77 on revenues of $3.34 billion [7] - The estimate revisions trend for First Horizon was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Banks - Southwest industry, to which First Horizon belongs, is currently in the top 25% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8] - Another company in the same industry, BancFirst (BANF), is expected to report quarterly earnings of $1.87 per share, reflecting a year-over-year change of +6.9% [9]