First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through Regional Banking and Specialty Banking segments. It offers general banking services for consumers, businesses, financial institutions, and governments. The company also accepts deposits; provides underwriting services for bank-eligible securities and other fixed-income securities by financial subsidiaries; sells loans and derivatives; financial planning; and offers investment and financial advisory services. In addition, it offers mortgage banking; loan syndications; brokerage services; commercial and business banking for business enterprises, consumer banking, and private client and wealth management services; capital markets, professional commercial real estate, mortgage warehouse and asset-based lending, franchise and equipment finance, tax credit finance, energy and healthcare finance, asset management, and corporate and correspondent banking services. Further, the company provides transaction processing services including check clearing services and remittance processing, credit cards, investment, and sale of mutual fund and retail insurances, as well as trust, fiduciary, and agency services. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.

First Horizon Corporation демонстрирует смешанную картину в своей финансовой отчетности. С одной стороны, мультипликаторы, такие как P/E и P/B, находятся около медианы отрасли, что говорит о справедливой оценке. Однако, мультипликаторы P/S и P/FCF значительно превышают медианные значения отрасли, что может указывать на переоцененность. С точки зрения эффективности, ROE и ROA ниже медианных значений, что является негативным сигналом, хотя ROI остается выше медианы. Долговая нагрузка также выглядит положительно: debt-to-equity ratio значительно ниже медианы. Финансовые показатели, такие как выручка и чистая прибыль, показывают значительный рост, что позитивно сказывается на общей оценке компании. Вместе с тем, отсутствие дивидендных выплат и снижение EPS по сравнению с отраслевыми стандартами вызывает опасения. Таким образом, учитывая все метрики, мы видим, что компания находится в нейтральной позиции, но есть риски, которые требуют корректировки целевой цены.

First Horizon Corporation

Cost pressures are becoming increasingly important factors in shaping the outlook for T. Rowe Price Group TROW. While the company continues to demonstrate resilience through its strong brand, diversified assets under management (AUM) and expanding strategic initiatives, rising expenses are beginning to weigh on profitability. The central question for investors now is whether the company’s long-term growth initiatives can offset the pressure from escalating costs.
Over the past five years ending in 2025, the company recorded steady revenue growth, with net revenues seeing a compounded annual growth rate (CAGR) of 5.6%. This growth was largely supported by higher investment advisory fees and the expansion of its investment capabilities. However, expenses have risen at a much faster pace. Operating costs witnessed a five-year CAGR of 13.9%, reflecting higher spending on technology infrastructure, employee compensation, and distribution efforts. While these investments are aimed at strengthening the company’s competitive position, they are also putting pressure on near-term performance.
Technology spending has become a major cost driver for T. Rowe Price as it upgrades digital platforms, analytics tools and client-facing systems to meet evolving industry demands. While these investments are necessary to remain competitive, they are increasing the company’s expense base. Rising compensation is also adding pressure, as the firm competes for skilled portfolio managers, analysts and technology specialists.
Despite these challenges, the company continues to prioritize long-term growth. In recent years, T. Rowe Price has expanded its capabilities through acquisitions, partnerships and product development. One notable step was the acquisition of Oak Hill Advisors in February 2025, which strengthened its position in alternative investments such as private credit, an asset class gaining strong interest from institutional and high-net-worth investors. The company has also formed collaborations to broaden its investment offerings and distribution reach, while enhancing retirement-focused solutions through improved planning tools and fintech capabilities.
Meanwhile, the asset management industry itself is undergoing structural change as investors increasingly shift toward passive investment vehicles like ETFs and index funds. Against this backdrop, T. Rowe Price’s ongoing investments in technology, partnerships and new product offerings could play a crucial role in attracting additional assets and expanding its client base. If these initiatives deliver the expected results, they may help the company navigate near-term cost pressures and support long-term growth.
TROW Peers Grapple With Similar Expense Challenges
Two of the closest peers of TROW, Franklin Resources BEN and First Horizon FHN are also witnessing increases in their expense bases.
Franklin Resources witnessed a CAGR of 7.9% over the last three years (ended fiscal 2025). The uptrend continued in the first quarter of 2026. Though strategic acquisitions, organic growth efforts and steady AUM growth will likely support Franklin Resources’ financial in the long term, its ongoing investments in technology, higher fundraising-related costs and additional expenses from integrating specialist investment managers may still weigh on near-term growth.
Similarly, First Horizon’s non-interest expenses witnessed a six-year (2019-2025) CAGR of 8.9%. Though First Horizon’s diversified product offerings and strategic buyouts support its financials in the long term, rising investment in technology and personnel expenses is likely to keep costs elevated in the near term.
TROW’s Price Performance & Zacks Rank
T. Rowe Price’s shares have declined 15.2% in the past six months, compared with the industry’s fall of 19.6%.
Image Source: Zacks Investment Research
Currently, TROW carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Will T. Rowe Price's Expansion Strategy Offset Rising Expenses?

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Fulgent Genetics Inc (Symbol: FLGT), where a total of 1,532 contracts have traded so far, representing approximately 153,200 underlying shares. That amounts to about 67.2% of FLGT's average daily trading volume over the past month of 228,140 shares. Particularly high volume was seen for the $22.50 strike call option expiring April 17, 2026, with 573 contracts trading so far today, representing approximately 57,300 underlying shares of FLGT. Below is a chart showing FLGT's trailing twelve month trading history, with the $22.50 strike highlighted in orange:
First Horizon Corp (Symbol: FHN) options are showing a volume of 41,552 contracts thus far today. That number of contracts represents approximately 4.2 million underlying shares, working out to a sizeable 62.7% of FHN's average daily trading volume over the past month, of 6.6 million shares. Especially high volume was seen for the $26 strike call option expiring May 15, 2026, with 20,162 contracts trading so far today, representing approximately 2.0 million underlying shares of FHN. Below is a chart showing FHN's trailing twelve month trading history, with the $26 strike highlighted in orange:
And Oracle Corp (Symbol: ORCL) options are showing a volume of 188,976 contracts thus far today. That number of contracts represents approximately 18.9 million underlying shares, working out to a sizeable 62.3% of ORCL's average daily trading volume over the past month, of 30.3 million shares. Particularly high volume was seen for the $116 strike put option expiring March 06, 2026, with 13,635 contracts trading so far today, representing approximately 1.4 million underlying shares of ORCL. Below is a chart showing ORCL's trailing twelve month trading history, with the $116 strike highlighted in orange:
For the various different available expirations for FLGT options, FHN options, or ORCL options, visit StockOptionsChannel.com.
Also see:
DWUS market cap history
DXD Dividend History
W.W. Grainger YTD Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Notable Friday Option Activity: FLGT, FHN, ORCL

Huntington Bancshares Incorporated HBAN reported fourth-quarter 2025 adjusted earnings per share (EPS) of 37 cents, which missed the Zacks Consensus Estimate of 39 cents. In the prior-year quarter, the company reported EPS of 34 cents.
Shares of HBAN lost nearly 2.8% in the early trading session. A full day’s trading session will provide a clearer picture.
Results were affected by an increase in non-interest expenses and higher provisions. However, a rise in net interest income (NII) and non-interest income, along with higher loan and deposit balances, supported the results to some extent.
The result excluded 7 cents per share of the after-tax impact of notable Items. After considering this, the net income attributable to common shareholders (GAAP basis) was $519 million in the quarter, which decreased from $530 million reported in the prior-year quarter.
For 2025, EPS was $1.39, which missed the Zacks Consensus Estimate of $1.49. This compares favorably with $1.22 reported in 2024. The company reported net income attributable to common shareholders (GAAP basis) of $2.21 billion, which increased 13.9% year over year.
HBAN’s Revenues & Expenses Increase
Total quarterly revenues (on a fully taxable-equivalent or FTE basis) increased 11.3% year over year to $2.19 billion in the fourth quarter. The top line missed the Zacks Consensus Estimate of $2.20 billion.
Full-year revenues (on a fully taxable-equivalent or FTE basis) aggregated to $8.23 billion, which increased 10.7% year over year. The top line beat the Zacks Consensus Estimate of $8.21 billion.
NII (FTE basis) was $1.61 billion, up 14.2% from the prior-year quarter’s tally. The increase was primarily due to a rise in average earning assets and net interest margin (NIM). NIM jumped 12 basis points to 3.15% in the reported quarter.
Non-interest income moved up 4.1% year over year to $582 million.
Non-interest expenses increased 20.5% year over year to $1.42 billion. The rise was mainly due to an increase in almost all cost components, except equipment costs and deposit and other insurance expenses.
The efficiency ratio was 64.2%, up from the year-ago quarter’s 58.6%. An increase in the efficiency ratio indicates a decline in profitability.
HBAN’s Loans and Deposits Increase
As of Dec. 31, 2025, average loans and leases at Huntington inched up 7.8% sequentially to $146.6 billion. Average total deposits rose 5.1% sequentially to $173.2 billion.
HBAN’s Credit Quality: Mixed Bag
Net charge-offs were $89 million, down from $97 million reported in the prior-year quarter. The quarter-end allowance for credit losses increased 12.1% to $2.74 billion from the prior-year quarter. Total non-performing assets were $945 million as of Dec. 31, 2025, up 14.9% from the prior-year quarter.
Net charge-offs/average total loans and leases were 0.24%, down from 0.30% in the prior-year quarter.
In the fourth quarter, the company recorded a provision for credit losses of $123 million, which increased 14.9% from the year-ago quarter.
HBAN’s Capital Ratios: Mixed Bag
The common equity tier 1 risk-based capital ratio was 10.4% in the fourth quarter, down from 10.5% in the year-ago period.
The regulatory Tier 1 risk-based capital ratio was 12%, up from 11.9% in the comparable period in 2024.
The tangible common equity to tangible assets ratio in the fourth quarter was 7.1%, which increased from 6.1% in the year-ago quarter.
HBAN’s Recent Developments
Earlier this month, Huntington Bancshares secured regulatory and shareholder approvals for its previously announced $7.4 billion all-stock acquisition of Cadence Bank. The transaction is expected to close on Feb. 1, 2026, subject to customary closing conditions. Upon completion, the deal will expand Huntington’s presence across 21 states and strengthen its scale in several high-growth metropolitan markets across the southern United States.
In October 2025, the company completed its $1.9 billion all-stock merger with Veritex Holdings Inc. (Veritex), significantly strengthening its footprint in key Texas markets, including Dallas–Fort Worth and Houston. The integration was completed on Jan. 19, 2026, with Veritex now operating under the Huntington brand.
Our View on HBAN
Huntington’s inorganic expansion efforts are expected to support revenue growth in the near term. Also, its efforts to strengthen commercial banking capabilities and expand its presence in key growth markets, including North Carolina, South Carolina and Texas, will likely aid financial performance over the long run. However, rising expenses and elevated provisions remain concerns.
Huntington Bancshares Incorporated Price, Consensus and EPS Surprise
Huntington Bancshares Incorporated price-consensus-eps-surprise-chart | Huntington Bancshares Incorporated Quote
Currently, Huntington carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Other Banks
First Horizon Corporation FHN posted fourth-quarter 2025 adjusted earnings per share of 52 cents, surpassing the Zacks Consensus Estimate of 47 cents. This compares favorably with 43 cents in the year-ago quarter.
Results benefited from higher NII and a significant rise in non-interest income, along with the absence of provision for credit losses. However, the increase in expenses remains a headwind for FHN.
M&T Bank Corporation MTB reported fourth-quarter 2025 net operating earnings per share of $4.72, which beat the Zacks Consensus Estimate of $4.44. The bottom line compared favorably with earnings of $3.92 per share in the year-ago quarter.
MTB's results were aided by higher non-interest income and a rise in NII on a year-over-year basis, along with modest loan growth and higher deposits. A decline in provisions for credit losses was also a tailwind. However, an increase in expenses acted as a headwind.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Huntington Stock Falls as Q4 Earnings Lag Estimates, Expenses Rise Y/Y

Northern Trust Corporation’s NTRS fourth-quarter 2025 adjusted earnings per share (EPS) of $2.69 beat the Zacks Consensus Estimate of $2.37. In the prior-year quarter, the company reported an EPS of $2.26.
NTRS results benefited from a rise in net interest income (NII). Also, an increase in total assets under custody (AUC) and assets under management (AUM) balances supported the financials. However, elevated expenses were concerning.
Results excluded certain notable items. After considering this, net income (GAAP basis) was $466 million, up 2% from the prior-year quarter.
For 2025, EPS of $8.74 beat the Zacks Consensus Estimate of $8.69. In the prior-year quarter, the company reported an EPS of $9.77. Net income (GAAP basis) was $1.74 billion, down 14% from the prior-year quarter.
NTRS’ Revenues & Expenses Rise
Quarterly total revenues (GAAP basis) of $2.12 billion increased 8.2% year over year. The top line beat the Zacks Consensus Estimate by 2.41%.
For 2025, total revenues (GAAP basis) of $8.09 billion decline 2% year over year. The top line beat the Zacks Consensus Estimate of $8.03 billion.
NII was $641.6 million in the quarter under review, up 14% year over year. The net interest margin was 1.81%, up 10 basis points from the prior-year quarter.
Trust, investment and other servicing fees totaled $1.31 billion, up 7% year over year.
Other non-interest income increased marginally to $174.1 million from the year-ago quarter.
Non-interest expenses rose 9% year over year to $1.49 billion in the reported quarter.
Northern Trust’s AUC & AUM Rise
As of Dec. 31, 2025, Northern Trust’s total AUC increased 4.7% year over year to $14.4 trillion. Also, total AUM rose 9.3% year over year to $1.8 trillion.
NTRS’ Credit Quality: Mixed Bag
Total allowance for credit losses was $198.3 million, down 4% year over year.
Total non-accrual assets increased to $76.7 million as of Dec. 31, 2025, from $56 million in the year-ago period. NTRS reported provision benefits of $8 million in the fourth quarter compared with provision benefits of $10.5 million in the year-ago quarter.
Northern Trust’s Capital & Profitability Ratios Decline
Under the Standardized Approach, as of Dec. 31, 2025, the Common Equity Tier 1 capital ratio was 12.6%, up from 12.4% in the prior-year quarter. The total capital ratio was 16.1%, up from 15.1% in the year-ago quarter. The Tier 1 leverage ratio was 7.8%, down from 8.1% in the prior-year quarter.
The return on average common equity was 15.4% compared with the year-earlier quarter’s 15.3%.
NTRS’ Capital Distribution Activities
In the reported quarter, Northern Trust returned $521.6 million to shareholders through share repurchases and dividends.
Our View on Northern Trust
A rise in NII and fee income drove the company’s performance. Its increasing AUC and AUM balances are likely to support financials. However, a rise in expenses will likely impede growth.
Northern Trust Corporation Price, Consensus and EPS Surprise
Currently, NTRS carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performances of Other Banks
BOK Financial Corporation's BOKF fourth-quarter 2025 adjusted net income per share of $2.48 surpassed the Zacks Consensus Estimate of $2.13. The bottom line increased 16.9% from the prior-year quarter.
BOKF’s results benefited from higher NII and total fees and commissions. An increase in loans and deposit balances was another positive. However, the increase in operating expenses was a major undermining factor.
First Horizon Corporation’s FHN fourth-quarter 2025 adjusted earnings per share of 52 cents surpassed the Zacks Consensus Estimate of 47 cents. This compares favorably with 43 cents in the year-ago quarter.
FHN’s results benefited from higher NII and a significant rise in non-interest income, along with the absence of provision for credit losses. However, the rise in expenses remains a headwind.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

NTRS Q4 Earnings Beat on Y/Y NII & AUM Growth Despite High Costs

Shares of Bank OZK OZK fell 1.4% in yesterday’s trading session as it reported fourth-quarter 2025 earnings per share of $1.53, down 1.9% year over year. The bottom line also missed the Zacks Consensus Estimate of $1.56.
Results were primarily hurt by higher provisions for credit losses and a rise in operating expenses. Nevertheless, solid net interest income (NII) and non-interest income growth acted as tailwinds. Healthy year-over-year growth in loans and deposits was another positive.
Net income available to common shareholders was $171.9 million, down 3.5% from the year-ago quarter’s $178.1 million.
For 2025, earnings per share were $6.18, up from $6.14 in the year-ago period. However, the metric missed the Zacks Consensus Estimate of $6.20. Net income available to common shareholders was $699.3 million, down marginally from the year-ago quarter.
OZK’s Revenues & Expenses Rise
Net revenues were $440.6 million, up 6.9% year over year. The top line beat the Zacks Consensus Estimate of $432.6 million.
For 2025, net revenues were $1.72 billion, up from $1.66 billion reported in 2024. The top line met the Zacks Consensus Estimate.
Fourth quarter net interest income was $407 million, up 7.3% year over year. Our estimate for the metric was $402 million.
The net interest margin (NIM), on a fully-taxable-equivalent basis, contracted 3 basis points year over year to 4.30%. Our estimate for NIM was 4.31%.
Non-interest income totaled $33.6 million, up 2% from the year-ago quarter. Our estimate for the metric was $34.5 million.
Non-interest expenses were $161.6 million, up 15.4% from the prior-year quarter. The increase was driven by higher salaries and employee benefits, net occupancy and equipment costs, and other operating expenses. We expected this metric to be $159 million.
Bank OZK’s efficiency ratio was 36.36%, up from 33.71% in the year-ago quarter, indicating reduced profitability.
As of Dec. 31, 2025, net loans were $31.8 billion, up from $29.5 billion as of Dec. 31, 2024. Total deposits were $33.4 billion, reflecting a 7.5% increase from the prior-year level.
OZK’s Credit Quality Weakens
Net charge-offs to average total loans jumped to 1.18% from 0.16% in the year-ago quarter. Provision for credit losses was $50.6 million, rising 36% year over year. We projected provisions of $40.1 million.
The ratio of non-performing loans to total loans increased to 1.06% as of Dec. 31, 2025, from 0.44% a year ago, indicating pressure on asset quality.
Profitability Ratios Decline for Bank OZK
At the end of the fourth quarter, return on average assets was 1.67%, down from 1.87% in the year-earlier quarter. Return on average common equity also declined to 11.80% from 13.33%.
Our Take on Bank OZK
Bank OZK continues to benefit from steady loan growth and solid net interest income generation. However, elevated operating expenses, higher credit costs, and worsening asset quality metrics remain key near-term concerns.
Bank OZK Price, Consensus and EPS Surprise
The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performances of Other Banks
WaFd, Inc.’s WAFD first-quarter fiscal 2026 (ended Dec. 31) earnings of 79 cents per share beat the Zacks Consensus Estimate of 76 cents. The bottom line also jumped 46% year over year.
WAFD's results reflected higher NII, a surge in non-interest income, and lower expenses. However, credit costs remained elevated, with provisions for credit losses recorded in the quarter.
First Horizon Corporation’s FHN fourth-quarter 2025 adjusted earnings per share of 52 cents surpassed the Zacks Consensus Estimate of 47 cents. This compares favorably with 43 cents in the year-ago quarter.
FHN’s results benefited from higher NII and a significant rise in non-interest income, along with the absence of provision for credit losses. However, the rise in expenses remains a headwind.
Zacks' Research Chief Picks Stock Most Likely to "At Least Double"
Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren’t winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%.
See Our Top Stock to Double (Plus 4 Runners Up) >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Bank OZK (OZK) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Bank OZK Shares Fall as Q4 Earnings Miss Estimates, Provisions Rise

Comerica Incorporated CMA reported fourth-quarter 2025 adjusted earnings per share (EPS) of $1.46, beating the Zacks Consensus Estimate of $1.28. In the prior-year quarter, the company posted an EPS of $1.20.
Results benefited from a rise in net interest income (NII), fee income and deposit balance. Yet, lower loan balances and a rise in expenses were concerning.
The results excluded certain expenses related to the pending merger with Fifth Third Bancorp. After considering this, net income attributable to common shareholders (GAAP basis) was $176 million, which rose 3.5% from the year-ago quarter.
For 2025, adjusted earnings per share were $5.47, up from $5.02 in the year-ago period. The metric topped the Zacks Consensus Estimate of $5.23. Net income attributable to common shareholders (GAAP basis) was $723 million, which rose from $698 million in the year-ago period.
Comerica's Revenues & Expenses Rise
Total quarterly revenues were $850 million, up marginally year over year. The top line missed the consensus estimate of $850.1 million.
For 2025, total revenues were $3.37 billion, up from $3.24 billion in 2024. The top line beat the consensus estimate of $3.36 billion.
Quarterly NII rose marginally on a year-over-year basis to $577 million. The net interest margin increased 1 basis point year over year to 3.07%.
Total non-interest income was $273 million, up 9.2% on a year-over-year basis.
Non-interest expenses totaled $617 million, up 5.1% year over year.
The efficiency ratio was 72.30% compared with the prior-year quarter’s 69.51%. A rise in this ratio indicates declining profitability.
CMA’s Loan Balance Declines & Deposits Rise
As of Dec. 31, 2025, total loans fell marginally on a sequential basis to $50.7 billion. Total deposits rose 3.6% from the previous quarter to $64.9 billion.
Comerica's Credit Quality Improves
The company recorded a provision for credit loss of $14 million in the fourth quarter compared with $21 million in the year-ago quarter.
The allowance for credit losses was $695 million, which rose marginally year over year.
Total non-performing assets fell 18.5% year over year to $251 million.
The allowance for credit losses to total loans ratio was 1.45% as of Dec. 31, 2025, up from 1.44% in the year-ago period. Also, the company recorded net charge-offs of $3 million, significantly down from $16 million in the year-ago quarter.
CMA's Capital Position Strong
The total capital ratio was 14.25%, up from 14.21% in the year-ago quarter. The Common Equity Tier 1 capital ratio was 12.02%, up from 11.89% in the prior-year quarter.
As of Dec. 31, 2025, CMA's tangible common equity ratio was 8.40%, up from 7% in the prior-year quarter.
Our View on CMA
Comerica’s results benefited from higher NII and fee income, while rising expenses tempered overall momentum.
Looking ahead, the planned merger with Fifth Third Bancorp will position Comerica for expanded scale, improved diversification, and enhanced competitiveness in key growth markets. The transaction is expected to close in the first quarter of 2026. While near-term challenges persist, the strategic combination and continued focus on operational efficiency may bolster long-term shareholder value.
Comerica Incorporated Price, Consensus and EPS Surprise
Currently, Comerica carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performances of Other Banks
BOK Financial Corporation's BOKF fourth-quarter 2025 adjusted net income per share of $2.48 surpassed the Zacks Consensus Estimate of $2.13. The bottom line increased 16.9% from the prior-year quarter.
BOKF’s results benefited from higher NII and total fees and commissions. An increase in loans and deposit balances was another positive. However, the increase in operating expenses was a major undermining factor.
First Horizon Corporation’s FHN fourth-quarter 2025 adjusted earnings per share of 52 cents surpassed the Zacks Consensus Estimate of 47 cents. This compares favorably with 43 cents in the year-ago quarter.
FHN’s results benefited from higher NII and a significant rise in non-interest income, along with the absence of provision for credit losses. However, the rise in expenses remains a headwind.
Zacks' Research Chief Picks Stock Most Likely to "At Least Double"
Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren’t winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%.
See Our Top Stock to Double (Plus 4 Runners Up) >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Comerica Q4 Earnings Top Estimates on Higher NII & Fee Income

BOK Financial Corporation's BOKF fourth-quarter 2025 adjusted net income per share of $2.48 surpassed the Zacks Consensus Estimate of $2.13. The bottom line increased 16.9% from the prior-year quarter.
BOKF’s results benefited from higher net interest income (NII) and total fees and commissions. An increase in loans and deposit balances was another positive. However, the increase in operating expenses was a major undermining factor.
The results of the reported quarter excluded a gain from the sale of a merchant banking investment as well as a benefit related to the FDIC special assessment. After considering this, net income attributable to shareholders was $177.3 million, which rose 30.2% year over year.
For 2025, net income per share was $9.17, which compares favorably with $8.14 reported in the prior year. The company reported net income available to its common shareholders of $577.9 million, which increased 10.4% year over year.
BOKF’s Q4 Revenues & Expenses Rise
Quarterly net revenues of $589.6 million (net interest income and total other operating revenues) rose 12.7% year over year. The top line surpassed the Zacks Consensus Estimate of $543 million.
Full-year revenues aggregated to $2.17 billion, which increased 7% year over year.
Net interest income was $345.3 million, up 10.3% year over year. The net interest margin expanded 23 basis points to 2.98%.
Total fees and commissions were $214.9 million, up 3.8% year over year. The rise was driven by an increase in almost all components.
Total other operating expenses were $361.1 million, up 3.8% year over year. This rise was mainly driven by higher personnel expenses.
The efficiency ratio rose to 60.71% from the prior year quarter’s 65.61%. A fall in the efficiency ratio indicates a rise in profitability.
BOK Financial’s Loan Balance & Deposits Rise
As of Dec. 31, 2025, total loans were $25.6 billion, up 3.2% from the prior quarter. The increase was primarily due to growth in commercial loans and loans to individuals.
Total deposits rose 2.4% on a sequential basis to $39.4 billion. The increase was driven by higher interest-bearing transaction accounts, demand deposits and savings deposits.
BOKF Credit Quality: Mixed Bag
As of Dec. 31, 2025, non-performing assets were $74.5 million or 0.29% of outstanding loans and repossessed assets compared with $48.9 million or 0.20% in the prior-year quarter.
The company recorded nil provisions for credit losses, unchanged from the prior-year quarter.
The company recorded net charge-offs of $1.4 million compared with $528 thousand in the year-ago quarter.
The allowance for loan losses was 1.08% of outstanding loans as of Dec. 31, 2025, which declined 8 bps from the year-ago quarter.
BOKF’s Capital Ratios Decline & Profitability Ratios Improve in Q4
As of Dec. 31, 2025, the common equity Tier 1 capital ratio was 12.89% compared with 13.03% a year earlier. The tier 1 capital ratio and total capital ratio were 12.90% and 14.77%, respectively, compared with 13.04% and 14.21%, as of Dec. 31, 2024.
At the end of the fourth quarter, return on average equity was 11.80%, up from the year-earlier quarter’s 9.71%. Return on average assets was 1.36%, up from 1.07% a year ago.
BOK Financial’s Share Repurchase Update
During the reported quarter, BOK Financial repurchased 2,617,414 shares at an average price of $107.99 per share.
Our View on BOK Financial
BOK Financial’s higher net interest income and solid loan balances continue to support overall performance. The company’s improving profitability ratios are positive. However, rising operating expenses pose a near-term concern.
BOK Financial Corporation Price, Consensus and EPS Surprise
Currently, BOK Financial carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Other Banks
First Horizon Corporation’s FHN fourth-quarter 2025 adjusted earnings per share of 52 cents surpassed the Zacks Consensus Estimate of 47 cents. This compares favorably with 43 cents in the year-ago quarter.
FHN’s results benefited from higher NII and a significant rise in non-interest income, along with the absence of provision for credit losses. However, the rise in expenses remains a headwind.
M&T Bank Corporation MTB reported fourth-quarter 2025 net operating earnings per share of $4.72, which beat the Zacks Consensus Estimate of $4.44. The bottom line compared favorably with earnings of $3.92 per share in the year-ago quarter.
MTB’s results were aided by higher non-interest income and a rise in NII on a year-over-year basis, along with modest loan growth and higher deposits. A decline in provisions for credit losses was also a tailwind. However, an increase in expenses acted as a headwind.
#1 Semiconductor Stock to Buy (Not NVDA)
The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.
One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.
See This Stock Now for Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

BOK Financial Q4 Earnings Beat Estimates on Higher NII & Fee Income

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, January 19th:
RF Industries RFIL: This company, which is engaged in the design, manufacture and distribution of coaxial connectors used in radio communications applications as well as in computers, test instruments, PC LANS and antenna devices, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.9% over the last 60 days.
RF Industries, Ltd. Price and Consensus
RF Industries' shares gained 14.5% over the last three month compared with the S&P 500’s gain of 3%. The company possesses a Momentum Score of A.
RF Industries, Ltd. Price
Morgan Stanley MS: This leading financial service holding company, which serves a diversified group of clients and customers, including corporations, governments, financial institutions and individuals, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.4% over the last 60 days.
Morgan Stanley Price and Consensus
Morgan Stanley’s shares gained 17.4% over the last three month compared with the S&P 500’s gain of 3%. The company possesses a Momentum Score of A.
Morgan Stanley Price
First Horizon FHN: This financial services company, which offers regional banking, mortgage lending, title insurance, specialized commercial lending, commercial leasing and equipment financing, brokerage, wealth management and capital market services, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.
First Horizon Corporation Price and Consensus
First Horizon’s shares gained 18.2% over the last three month compared with the S&P 500’s gain of 3%. The company possesses a Momentum Score of A.
First Horizon Corporation Price
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
#1 Semiconductor Stock to Buy (Not NVDA)
The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.
One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.
See This Stock Now for Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Morgan Stanley (MS) : Free Stock Analysis Report
First Horizon Corporation (FHN) : Free Stock Analysis Report
RF Industries, Ltd. (RFIL) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Best Momentum Stock to Buy for January 19th

Here are three stocks with buy rank and strong income characteristics for investors to consider today, January 19th:
First Horizon FHN: This financial services company, which offers regional banking, mortgage lending, title insurance, specialized commercial lending, commercial leasing and equipment financing, brokerage, wealth management and capital market services, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.
First Horizon Corporation Price and Consensus
This Zacks Rank #1 (Strong Buy) company has a dividend yield of 2.5%, compared with the industry average of 1.6%.
First Horizon Corporation Dividend Yield (TTM)
Morgan Stanley MS: This leading financial service holding company, which serves a diversified group of clients and customers, including corporations, governments, financial institutions and individuals, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.4% over the last 60 days.
Morgan Stanley Price and Consensus
This Zacks Rank #1 company has a dividend yield of 2.1%, compared with the industry average of 0.9%.
Morgan Stanley Dividend Yield (TTM)
TE Connectivity TEL: This global technology company, that designs and manufactures connectivity and sensor solutions for a wide range of industries, including automotive, aerospace, defense, energy, and medical, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.3% over the last 60 days.
TE Connectivity Ltd. Price and Consensus
This Zacks Rank #1 company has a dividend yield of 1.2%, compared with the industry average of 0.0%.
TE Connectivity Ltd. Dividend Yield (TTM)
TELSee the full list of top ranked stocks here.
Find more top income stocks with some of our great premium screens
#1 Semiconductor Stock to Buy (Not NVDA)
The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.
One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.
See This Stock Now for Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Morgan Stanley (MS) : Free Stock Analysis Report
TE Connectivity Ltd. (TEL) : Free Stock Analysis Report
First Horizon Corporation (FHN) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Best Income Stocks to Buy for January 19th

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
ADEIA INC ADEA: This company, which allow users to manage content and connections in a way which is smart, immersive and personal, has seen the Zacks Consensus Estimate for its current year earnings increasing 34.2% over the last 60 days.
Adeia Inc. Price and Consensus
RF Industries RFIL: This company, which is engaged in the design, manufacture and distribution of coaxial connectors used in radio communications applications as well as in computers, test instruments, PC LANS and antenna devices, has seen the Zacks Consensus Estimate for its current year earnings increasing 22.9% over the last 60 day.
RF Industries, Ltd. Price and Consensus
Allied Gold Corporation AAUC: This gold producer, which operates a portfolio of producing assets and development projects located principally in Cote d'Ivoire, Mali and Ethiopia, has seen the Zacks Consensus Estimate for its current year earnings increasing 14.1% over the last 60 days.
Allied Gold Corporation Price and Consensus
The Descartes Systems Group DSGX: This company, which a leading provider of software-as-a-service logistics solutions, has seen the Zacks Consensus Estimate for its current year earnings increasing 6.9% over the last 60 days.
The Descartes Systems Group Inc. Price and Consensus
First Horizon FHN: This financial services company, which offers regional banking, mortgage lending, title insurance, specialized commercial lending, commercial leasing and equipment financing, brokerage, wealth management and capital market services, has seen the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.
First Horizon Corporation Price and Consensus
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
#1 Semiconductor Stock to Buy (Not NVDA)
The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.
One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.
See This Stock Now for Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
RF Industries, Ltd. (RFIL) : Free Stock Analysis Report
Adeia Inc. (ADEA) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Indicator	TTM Median
P/E	14.58 13.58
Price/Sales	2.57 2.08
P/B	1.30 1.18
P/FCF	33.68 10.49

Indicator	TTM Median
ROE	9.35 10.31
ROA	1.04 1.17
ROI	8.12 6.85
Net Worth	12.27 1.01
Quick Ratio	0.00 1.37
Current Ratio	0.96 0.97

Indicator	TTM Median
Net Profit Margin	17.54 16.80
Operating Margin	25.75 22.80
Gross Margin	68.63 69.57
Return on tangible equity	11.39 12.33

Indicator	TTM Median
EPS	0.52 0.68
EPS Forecast	0.46 0.67
Revenue	1.29B 84.00M
Gross Profit	889.00M —
EBITDA	0.00 —

First Horizon Corporation

TTM metrics for the latest quarter under IFRS and their historical dynamics

Valuation

Debts

Efficiency

Other ratios

Revenue