First Horizon gains after higher Q1 profit

First Horizon

15/04/2026 12:46

** Shares of U.S. regional bank First Horizon FHN.N gain 2% to $24.73 premarket

** Q1 net income at $257 mln compared with $213 mln a year-ago; Q1 EPS came in at $0.53 compared with $0.41 in Q1 2025

** Revenue growth in Q1 driven by relationship banking, expense discipline, strong credit culture - CEO Bryan Jordan

** The average recommendation of 20 analysts is a "buy"; median PT is $26.50 - data compiled by LSEG

** Stock trades at 11 times forward 12-month earnings, down from 12 times three months ago

** Shares are up 1% YTD, till last close

 (Reporting by Purvi Agarwal in Bengaluru)

 ((Purvi.Agarwal@thomsonreuters.com;))