First Horizon Corporation Common Stock (FHN)

Banks serve as the backbone of the economy, facilitating lending, deposits, and financial services that keep businesses and consumers moving forward. But worries about an economic slowdown and potential credit deterioration have kept sentiment in check, and over the past six months, the banking industry has tumbled by 6.2%. This drawdown is a far cry from the S&P 500’s 5.2% ascent.

A number of stocks fell in the morning session after a surprisingly weak July jobs report and the announcement of sweeping new tariffs fueled fears of an economic slowdown and an impending interest rate cut. 

Regional banking company First Horizon (NYSE:FHN) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 1.8% year on year to $830 million. Its non-GAAP profit of $0.45 per share was 8.2% above analysts’ consensus estimates.

Shares of regional banking company First Horizon (NYSE:FHN) jumped 3.8% in the morning session after the company reported strong second-quarter financial results that surpassed Wall Street expectations. 

Regional banking company First Horizon (NYSE:FHN) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 1.8% year on year to $830 million. Its non-GAAP profit of $0.45 per share was 8.2% above analysts’ consensus estimates.

Regional banking company First Horizon (NYSE:FHN) will be reporting earnings this Wednesday before the bell. Here’s what to expect.

Regional banking company First Horizon (NYSE:FHN) fell short of the market’s revenue expectations in Q1 CY2025, with sales flat year on year at $812 million. Its non-GAAP profit of $0.42 per share was 5.3% above analysts’ consensus estimates.

Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings. However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.