Baird analyst David George upgraded First Horizon National to Outperform from Neutral with an unchanged price target of $18.

Sees FY21 noninterest income down in low teens percentage range, with noninterest expense down low to mid single digits, net charge-offs in the 25-35bps range and CET1 ratio about 9.5%.

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Reports Q4 CET 1 of 9.67%; and total capital of 12.55%.

Reports Q4 adjusted revenue $810M, consensus $783.28M.

Notable companies reporting before tomorrow's open, with earnings consensus, include Schlumberger (SLB), consensus 17c... Kansas City Southern (KSU), consensus $1.92... Regions Financial (RF), consensus 42c... Ally Financial (ALLY), consensus $1.05... Huntington Bancshares (HBAN), consensus 29c... First Horizon (FHN), consensus 33c.