First Horizon Corporation Reports Strong Start to 2025 with Impressive Earnings Growth

First Horizon Corporation Reports Strong Start to 2025 with Impressive Earnings Growth



First Horizon Corporation, a regional leader in financial services, is off to a solid start in 2025, reporting significant net income growth in its first-quarter results. The company shared its financial performance report on April 16, 2025, indicating a robust net income of $213 million, which translates to earnings per share (EPS) of $0.41. This marks a notable increase from the last quarter, where net income was $158 million or EPS of $0.29.

Notable Financial Highlights


One of the remarkable aspects of this quarter's results is the minimal impact of notable items. The company reported a net reduction of only $4 million after-tax, amounting to $0.01 per share, compared to a higher reduction of $71 million or $0.13 per share in the previous quarter. When adjusted, the first-quarter results would indicate a net income of $217 million, signifying an adjusted EPS of $0.42, slightly down from $0.43 in the last quarter of 2024.

President and CEO Bryan Jordan expressed satisfaction with the company’s performance. He stated, “We are pleased to report strong performance as we begin 2025. Our commitment to delivering value to our shareholders through consistent returns is achieved by meeting client needs with tailored solutions, maintaining a strong associate culture, and supporting our communities with unwavering resolve.”

A Commitment to Stakeholder Value


Jordan emphasized that First Horizon prioritizes safety, profitability, and sustainable growth. Over the last 161 years, the company has demonstrated resilience across various economic conditions. He asserted that this stability positions First Horizon well to continue delivering positive results for stakeholders over the long term.

The financial results underscore the company's business model, which strongly focuses on adapting to economic fluctuations and managing uncertainties effectively. Jordan's insights reflect a deep commitment to not only financial performance but also the well-being of clients and the broader community.

Upcoming Conference Call


In alignment with its commitment to transparency, First Horizon will hold a conference call for analysts, investors, and the general public to discuss these earnings and other pertinent issues. The call is scheduled to take place at 8:30 AM CT on April 16, 2025. Interested parties can join the call by dialling the respective toll-free numbers provided in the company’s announcement, or alternatively, they can listen via a live audio webcast available on the company’s investor relations website.

For those unable to attend the live session, a replay will be available shortly after the call concludes. The replay can be accessed by dialling the specified numbers for a limited period and will also be archived on the company's website for one year.

Looking Forward


First Horizon continues to maintain a forward-looking stance, with the management cautioning about the inherent uncertainties that can impact their projections. They remind stakeholders that while their positive outlook is built upon solid performance metrics, the company is also aware of potential fluctuations that could arise due to macroeconomic factors and market dynamics.

In summary, First Horizon Corporation's first quarter of 2025 displays strong financial health and a promising outlook. With a history of resilience and a focus on stakeholder engagement, the company is well-prepared to navigate future challenges while providing value to its investors, clients, and community members alike. As First Horizon steps into the rest of 2025, its strategic focus remains centered on growth, stability, and community support ensues as a guiding principle for all its operations.

Topics Financial Services & Investing)

【About Using Articles】

You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.

【About Links】

Links are free to use.