First Horizon National Corp. said Tuesday that it wants to start repaying its federal aid this year amid improving credit trends even as it delivered a higher-than-expected fourth-quarter loss.

The Memphis company said it lost $70.6 million, or 32 cents per share, in the fourth quarter, compared with a loss of $63.1 million, or 29 cents a share, a year earlier. The results included $31.2 million of restructuring charges related to the sale and closure of certain businesses and other items.

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