Investing.com - First Horizon National reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

First Horizon (FHN) delivered earnings and revenue surprises of -77.27% and 0.78%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

DEEP DIVE Economic turmoil from the coronavirus shutdown points to significant loan losses ahead for banks. But if you are confident that the U.S. economy will recover fairly quickly as states reopen, then this is the time to scoop up shares of banks that are in good overall shape and are trading at discounts to tangible book value, according to Christopher Marinac, director of research at Janney Montgomery Scott.

First Horizon has secured PPP loans for Wiseacre, Memphis Escape Rooms, and thousands of others. But, it hasn't been easy.

This transaction marks First Horizon’s first debt offering since 2015 and the first subordinated debt offering since 2006. The Subordinated Notes were not registered under federal or state securities laws, and may not be offered or sold, except pursuant to an exemption from the registration requirements of federal and state securities laws. First Horizon National Corp. (FHN) provides financial services through First Horizon Bank, First Horizon Advisors, and FHN Financial businesses.

First Horizon's (FHN) first-quarter 2020 results reflect deposit growth and higher revenues. However, escalating expenses and higher provisions for loan remain concerning.

First Horizon National Corp. (FHN) has been named one of the 2020 Best Companies for Multicultural Women by Working Mother magazine—an honor recognizing companies that create and use best practices in hiring, retaining, and promoting multicultural women in the United States. “First Horizon is honored to be listed as one of the best companies for multicultural women,” said John Daniel, executive vice president and chief human resources officer at First Horizon. The winners will be featured in the June/July issue of Working Mother and at workingmother.com.

MEMPHIS, Tenn., April 21, 2020 -- First Horizon National Corp. (NYSE:FHN) today announced its first quarter 2020 financial results. The company’s loans to mortgage companies.

First Horizon National Corp. ("First Horizon") (FHN) today announced receipt of shareholder approval for its previously announced all-stock merger of equals with IBERIABANK Corporation (“IBERIABANK”). Upon completion of the transaction, the combined company will be one of the largest financial services companies headquartered in the South and one of the top 25 banks in the U.S. in deposits. As a combined company, we will have an expansive 11-state reach in high-growth, attractive markets across our combined footprint.

First Horizon National Corp. (FHN) announced today that it will post additional materials for equity analysts in the investor relations section of its website, www.FirstHorizon.com, by 8 a.m. CT this morning. First Horizon expects to provide these materials to analysts at upcoming meetings and conferences. The materials posted may contain forward-looking information, including guidance, involving significant risks and uncertainties, which will be identified by words such as "believe," "expect," "anticipate," "intend," "estimate," "should," "is likely," "will," "going forward" and other expressions that indicate future events and trends and may be followed by or reference cautionary statements.

The first few months of 2020 were business as usual for First Horizon — and then the world turned upside down.

MEMPHIS, Tenn., May 08, 2020 -- First Horizon National Corp. (NYSE:FHN) today announced that First Horizon Bank has helped more than 13,000 small businesses secure loans.

MEMPHIS, Tenn., April 29, 2020 -- First Horizon National Corp.'s (NYSE:FHN) board of directors has approved payment of a quarterly cash dividend on its common stock of $0.15.

NEW YORK, NY / ACCESSWIRE / April 21, 2020 / First Horizon National Corp. (NYSE:FHN) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on April 21, 2020 at ...

Q1 2020 First Horizon National Corp Earnings Call

First Horizon (FHN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

MEMPHIS, Tenn., April 28, 2020 -- First Horizon National Corp. ("First Horizon") (NYSE: FHN) today announced that Ellen A. Taylor will join the Company as Executive Vice.

First Horizon National Corporation (NYSE:FHN), operating in the financial services industry based in United States...

IBERIABANK Corporation (NASDAQ: IBKC), holding company of the 133-year-old IBERIABANK (www.iberiabank.com), received shareholder approval for the merger of equals between IBERIABANK Corporation and First Horizon National Corporation (NYSE: FHN). At a special meeting of shareholders held today, 95.67% of the shares voted were cast in favor of the all-stock merger of equals with First Horizon.

Shares of First Horizon National (NYSE:FHN) fell 0.8% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were down 85.71% over the past year to $0.05.Revenue of $477,558,000 up by 9.64% from the same period last year, which beat the estimate of $477,040,000.Guidance Earnings guidance hasn't been issued by the company for now.First Horizon National hasn't issued any revenue guidance for the time being.Conference Call Details Date: Apr 21, 2020View more earnings on FHNTime: 09:04 AM ETWebcast URL: https://ir.fhnc.com/eventTechnicals Company's 52-week high was at $17.4252-week low: $6.27Price action over last quarter: down 52.14%Company Overview First Horizon National Corp is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee. The regional bank is responsible for roughly 65% of its revenue, while capital markets make a 25% contribution. The remainder is split between the firm's non-strategic (wind-down) and corporate operations. First Horizon concentrates on offering a variety of banking products mainly in its home state, where it has the second- largest deposit franchise with a 13% deposit market share.See more from Benzinga * PolyOne: Q1 Earnings Insights * Northern Trust: Q1 Earnings Insights * Recap: Snap-on Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.