First Horizon National Corporation (NYSE: FHN) reported earnings of $0.17 per share in the second quarter, up from $0.04 per share in the first quarter of 2020. The improvement in earnings was largely attributable to a fall in provision expense. FHN’s earnings will likely continue to recover in the second half of the year; however, earnings are unlikely to return to pre-pandemic levels before 2022. Lower provision expense will likely boost earnings in the remainder of the year. Further, the acquisition of IBERIABANK and 30 Truist Bank branches will lift earning assets and drive