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First Horizon Corporation Reports First Quarter Net Income Available to Common Shareholders of .
First Horizon National CorporationApril 21, 2021 GMT
First quarter 2021 ROTCE of 15.9%; Adjusted ROTCE of 20.2% improved from 18.2% in fourth quarter 2020
Tangible book value per share of $10.30 up 1% from fourth quarter 2020
MEMPHIS, Tenn., April 21, 2021 (GLOBE NEWSWIRE) First Horizon Corporation (NYSE: FHN or “First Horizon”) today reported first quarter 2021 net income available to common shareholders (“NIAC”) of $225 million, or earnings per share of $0.40, compared with fourth quarter 2020 NIAC of $234 million, or earnings per share of $0.42. First quarter 2021 results were reduced by a net $60 million after-tax, or $0.11 per share, of notable items largely related to the IBERIABANK Corporation Merger (“IBKC Merger”) compared with a net $20 million after-tax reduction,
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Rhys Williams Friday Racing Tips: Morfee to improve for longer trip
Rhys Williams has analysed Friday s action and has two selections at Fontwell and Exeter. Morfee has quite a bit to find on ratings with Sending Love but he s shown enough in a bumper and in two runs over hurdles to think he could be more of a threat to the favourite than the ratings and market suggest.
Step up in trip to bring improvement
Sending Love heads the market for the opening race at Fontwell but he comes into this race on the back of a
disappointing run at Southwell when running well below his rating of 133. He s hardly looked the most hardy under pressure (quelle surprise given his sire) and while Bryan Carver might get the chance to control the pace in front, I think he s