RTTNews | Jul 16, 2021 06:50AM EDT

06:49 Friday, July 16, 2021 (RTTNews.com) - First Horizon National (FHN) announced a profit for its second quarter that increased from the same period last year.

The company's bottom line came in at $295 million, or $0.53 per share. This compares with $52 million, or $0.17 per share, in last year's second quarter.

Excluding items, First Horizon National reported adjusted earnings of $321 million or $0.58 per share for the period.

Analysts had expected the company to earn $0.43 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 52.5% to $781 million from $512 million last year.

First Horizon National earnings at a glance:

-Earnings (Q2): $321 Mln. vs. $64 Mln. last year.-EPS (Q2): $0.58 vs. $0.20 last year.-Analysts Estimate: $0.43-Revenue (Q2): $781 Mln vs. $512 Mln last year.

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