First Horizon Corporation's Momentum Continues with Strong Third Quarter 2024 Results; Net Income Available to Common Shareholders of $213 Million or EPS of $0.40; $224 Million or $0.42 on an Adjusted Basis, both up $0.06 from prior quarter*

Barchart · 10/16 05:30

3Q24 ROTCE of 12.6% and Adjusted ROTCE of 13.2% with Tangible Book Value per Share of $13.02up $0.81 QoQ*

MEMPHIS, Tenn., Oct. 16, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today reported third quarter net income available to common ("NIAC") shareholders of $213 million or earnings per share of $0.40, compared with second quarter 2024 net income available to common of $184 million or earnings per share of $0.34. Third quarter 2024 results were reduced by a net $11 million after-tax, or $0.02 per share, of notable items compared with $11 million, or $0.02, per share in second quarter 2024. Excluding notable items, adjusted third quarter 2024 NIAC was $224 million or $0.42 per share compared to $195 million or $0.36 per share in second quarter 2024.

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