secwatch.observer — SEC 8-K summary
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Issuer:     FIRST HORIZON CORP (FHN)
CIK:        0000036966
Form:       8-K
Filed at:   2024-01-18T23:59:59+00:00
Accession:  0000036966-24-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Horizon Q4 2023 GAAP EPS $0.31, adjusted EPS $0.32; net income $188M
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- GAAP net income $188M; diluted EPS $0.31 vs $0.23 prior quarter, $0.45 year ago.
- Adjusted EPS $0.32; adjusted ROTCE 11.1%; NIM expanded 10bps to 3.27%.
- Period-end loans $61.3B, down 1% QoQ; deposits $65.8B, down 2% QoQ.
- CET1 ratio improved to 11.4% from 11.1%; TBVPS $12.13, up 8% QoQ.
- Notable items: $68M FDIC special assessment; $48M discrete tax benefit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/36966/000003696624000004/0000036966-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/36966/000003696624000004/fhn-20240118.htm
  HTML page:      https://secwatch.observer/filing/0000036966-24-000004

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