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Dec 31, 2019
First Horizon Q4 2019 Earnings Report
First Horizon delivered strong performance and solid earnings after a transformative year.
Key Takeaways
First Horizon announced its 2019 fourth quarter and full year financial results, highlighted by higher returns, improved profitability, balance sheet growth, and stable credit quality. The company also announced a merger of equals agreement with IBERIABANK Corporation and an agreement to acquire 30 branches.
Reported earnings per share were $0.37.
Adjusted earnings per share were $0.47.
Company achieved higher returns.
Company experienced improved profitability and balance sheet growth.