First Horizon National Corp. (FHN) in Memphis, Tenn., missed second-quarter profit estimates as its lending and fee income slid.

The $25.1 billion-asset company reported Friday that it earned a quarterly profit of $45.2 million, compared to a loss of nearly $125 million in the same period of 2012, when it took a $272 million charge on buybacks of soured mortgage loans it had sold to Fannie Mae and Freddie Mac. Per-share earnings of 17 cents fell 2 cents short of the average estimate of analysts polled by Bloomberg.

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