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For the quarter ended March 2025, First Horizon National (FHN) reported revenue of $812 million, down 0.9% over the same period last year. EPS came in at $0.42, compared to $0.35 in the year-ago quarter.
The reported revenue represents a surprise of -0.76% over the Zacks Consensus Estimate of $818.25 million. With the consensus EPS estimate being $0.40, the EPS surprise was +5.00%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how First Horizon performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
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Efficiency Ratio: 60.1% versus the three-analyst average estimate of 61.4%.
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Net Interest Margin (FTE): 3.4% versus 3.4% estimated by three analysts on average.
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Average Balance - Total interest earning assets: $75.33 billion compared to the $75.63 billion average estimate based on two analysts.
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Total nonperforming loans and leases: $609 million compared to the $621.05 million average estimate based on two analysts.
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Net charge-off ratio: 0.2% versus the two-analyst average estimate of 0.2%.
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Net Interest Income: $631 million versus the three-analyst average estimate of $624.62 million.
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Total Non-Interest Income: $181 million versus $191.65 million estimated by three analysts on average.
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Net interest income (FTE): $634 million versus $625.91 million estimated by two analysts on average.
View all Key Company Metrics for First Horizon here>>>
Shares of First Horizon have returned -6.7% over the past month versus the Zacks S&P 500 composite's -4.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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This article originally published on Zacks Investment Research (zacks.com).