Here's What Key Metrics Tell Us About First Horizon (FHN) Q4 Earnings

For the quarter ended December 2024, First Horizon National (FHN) reported revenue of $729 million, down 8.9% over the same period last year. EPS came in at $0.43, compared to $0.32 in the year-ago quarter.The reported revenue represents a surprise of -11.36% over the Zacks Consensus Estimate of $822.47 million. With the consensus EPS estimate being $0.38, the EPS surprise was +13.16%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.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: Net Interest Margin (FTE): 3.3% compared to the 3.3% average estimate based on four analysts. Efficiency Ratio: 62% compared to the 60% average estimate based on four analysts. Net charge-offs to average loans: 0.1% compared to the 0.3% average estimate based on three analysts. Average Balance - Total interest earning assets: $75.74 billion compared to the $76.23 billion average estimate based on three analysts. Total nonperforming loans and leases: $602 million versus $608.92 million estimated by two analysts on average. Total Non-Interest Income: $99 million versus the four-analyst average estimate of $195.64 million. Net Interest Income: $630 million versus the four-analyst average estimate of $623.27 million. Net interest income (FTE): $634 million versus $622.82 million estimated by three analysts on average. Service charges and fees: $53 million versus the two-analyst average estimate of $58.35 million. Other noninterest income: $20 million versus the two-analyst average estimate of $19.37 million. Card and digital banking fees: $19 million versus $19.68 million estimated by two analysts on average. Mortgage banking and title: $8 million versus the two-analyst average estimate of $8.55 million. View all Key Company Metrics for First Horizon here>>>Shares of First Horizon have returned +11.9% over the past month versus the Zacks S&P 500 composite's -1.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Horizon Corporation (FHN): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks