NYSE$FHN

First Horizon Corporation · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

First Horizon delivered strong performance and solid earnings after a transformative year.

First Horizon announced its 2019 fourth quarter and full year financial results, highlighted by higher returns, improved profitability, balance sheet growth, and stable credit quality. The company also announced a merger of equals agreement with IBERIABANK Corporation and an agreement to acquire 30 branches.

  • Reported earnings per share were $0.37.
  • Adjusted earnings per share were $0.47.
  • Company achieved higher returns.
  • Company experienced improved profitability and balance sheet growth.

Headline financials

Total Revenue

$495M

Previous: $413M+19.8%
EPS (adj)

$0.47

Previous: $0.35+34.3%
Net Income

$117M

Previous: $96.3M+21.3%
Gross Profit

$483M

Previous: $400M+20.9%
Cash & Equivalents

$1.27B

Previous: $1.41B-9.8%
Total Assets

$43.3B

Previous: $40.8B+6.1%
Stock-Based Comp

$6.25M

Previous: $5.71M+9.6%

Revenue & EPS history

First Horizon · Revenue · Quarterly

$495M

Q4 2019+19.8%vs Q4 2018
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-0.9%

Avg return

Earnings day

-0.3%

Avg return

5 days after

+2.2%

Avg return

30 days after

44%

31 / 70 earnings

Positive

+7.3%

Q2 2019

Best reaction

-9.5%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+1.6%+2.2%-2.8%
Q1 2026-0.5%+2.2%-2.8%
Q3 2025-9.5%-10.8%-7.0%
Q2 2025+0.5%-2.1%+1.5%
Q1 2025-1.6%-5.5%+15.8%
Q4 2024+0.8%+0.1%+3.3%
Q3 2024+4.4%+2.5%+21.8%
Q2 2024-7.2%-5.7%-9.5%
Q1 2024+2.7%+7.2%+15.1%
Q4 2023+6.3%+7.5%+4.8%
Q3 2023+2.9%-2.9%+13.6%
Q2 2023+0.0%+3.0%-0.6%
Q1 2023+0.3%-1.6%-40.7%
Q4 2022+0.4%+0.5%+1.3%
Q3 2022+0.5%+1.0%+1.8%
Q2 2022+1.6%+0.2%+5.5%
Q1 2022+0.1%-0.9%-4.8%
Q4 2021-2.5%-1.1%+2.9%
Q3 2021-0.6%-0.3%-1.4%
Q2 2021-8.9%-4.1%-1.3%
Q1 2021+3.0%+7.7%+13.3%
Q4 2020+0.7%-4.5%+14.4%
Q3 2020-6.1%-12.7%+4.5%
Q2 2020-3.2%-0.1%+8.5%
Q1 2020-1.1%+0.6%+10.8%
Q4 2019+3.2%+3.5%-2.4%
Q3 2019-4.6%-2.4%+0.9%
Q2 2019+7.3%+7.8%+2.9%
Q1 2019+4.6%+3.4%-0.6%
Q4 2018-1.0%-0.5%+6.2%
Q3 2018+0.8%-2.4%+2.2%
Q2 2018-4.8%-1.6%+3.1%
Q1 2018-0.1%-2.6%+0.2%
Q4 2017-0.5%+1.5%-3.7%
Q3 2017+2.4%+1.1%-4.0%
Q2 2017+0.9%+0.8%-1.7%
Q1 2017-0.9%-0.6%-2.7%
Q4 2016-4.2%-3.9%-2.7%
Q3 2016-2.3%+0.6%+19.3%
Q2 2016+0.8%+1.4%+3.1%
Q1 2016+2.5%
Q4 2015-3.9%
Q3 2015-1.4%
Q2 2015+0.1%
Q1 2015-1.2%
Q4 2014+1.8%
Q3 2014+1.8%
Q2 2014+1.7%
Q1 2014-0.1%
Q4 2013+2.4%
Q3 2013-4.9%
Q2 2013+1.2%
Q1 2013+2.3%
Q4 2012-1.8%
Q3 2012-2.8%
Q2 2012-7.5%
Q1 2012+0.9%
Q4 2011-0.2%
Q4 2010-0.2%
Q4 2008-0.2%
Q3 2011-4.0%
Q2 2011-3.1%
Q1 2011+2.2%
Q3 2009-5.0%
Q3 2010-5.0%
Q2 2010-4.1%
Q1 2010-5.2%
Q2 2009-5.2%
Q1 2009-5.2%
Q4 2009-5.2%

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