First Horizon Stock Slides as Regional Bank Lowers Outlook, Earnings Miss
FHNFirst Horizon(FHN) Investopedia·2024-07-18 02:30

Key TakeawaysFirst Horizon Corp. shares fell in intraday trading Wednesday after the company reported second-quarter results lower than analysts' projections.Revenue and profits fell year-over-year as net interest income (NII) decreased.First Horizon also lowered its full-year NII outlook. Shares of First Horizon Corp. (FHN) slipped in intraday trading Wednesday after the regional bank reported second-quarter results lower than analysts expected as lower net interest income (NII) hit its profits. The parent ...