RTTNews | Jul 16, 2021 07:12AM EDT

07:11 Friday, July 16, 2021 (RTTNews.com) - First Horizon Corp. (FHN) reported Friday that its net income available to common shareholders for the second quarter soared to $295 million or $0.53 per share from $52 million or $0.17 per share in the prior-year quarter.

Excluding notable items, adjusted net income of the quarter was $321 million, or $0.58 per share. On average, 13 analysts polled by Thomson Reuters expected the company to report earnings of $0.43 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenue for the quarter was $781 million compared to $512 million in the same quarter last year. Analysts expected revenues of $771.08 million for the quarter.

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