First Horizon National

First Horizon Corp. (Tennessee) operates as a financial holding company, which engages in the provision of checking accounts, savings products, mortgage banking, lending, and financing to individuals and businesses. It operates the business through three segments: Regional Banking, Specialty Banking, and Corporate. The Regional Banking segment offers financial products and services, including traditional lending and deposit taking, to retail and commercial customers. The Specialty Banking segment consists of lines of business that deliver product offerings and services with specialized industry knowledge. The Corporate segment focuses on corporate support functions such as risk management, audit, accounting, finance, executive office, and corporate communications. The company was founded by Frank S. Davis in 1864 and is headquartered in Memphis, TN.

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First Horizon National (FHN) reports solid Q2 performance and eyes growth opportunities

First Horizon National (FHN) delivered strong financial results in Q2 2023, supported by robust credit performance and a strengthened capital position.
While facing competitive pressures and interest rate challenges, the bank remains focused on deepening client relationships and seizing growth opportunities.
Management's prudent approach to risk management and commitment to operational efficiency position First Horizon National (FHN) for sustainable growth and profitability.

First Horizon National reports solid Q3 performance amidst growth opportunities

First Horizon National delivered solid financial performance in Q3 2023, with growth in deposits and loans, stable fee income, and a strong capital position. The company faces challenges related to charge-offs and criticized assets but remains focused on maintaining operational efficiency. Opportunities lie in sustainable loan growth and strategic capital deployment.

First Horizon National reports stable Q4 performance amidst industry challenges

First Horizon National's Q4 performance showcased stability in key financial metrics, despite challenges in loan growth and nonperforming assets.
The company's focus on disciplined credit management and client communication positions it well for stable credit quality and growth opportunities.
Anticipated technology investments and industry consolidation present challenges and opportunities for First Horizon's strategic direction and financial performance.

First Horizon National reports strong Q1 earnings and eyes growth

First Horizon National's Q1 2024 earnings call highlighted robust financial performance, strategic balance sheet planning, and proactive credit management. Despite facing challenges such as increased nonperforming loans and additional expenses, the company remains optimistic about future growth opportunities through buyback activities and organic expansion.

First Horizon National reports robust Q2 earnings and strategic investments

First Horizon National's Q2 2024 earnings call showcased strong financial performance, highlighting adjusted EPS of $0.36 per share and a 12% adjusted return on tangible common equity. The company emphasized stable revenue streams, growth in its loan portfolio, and strategic investments in technology.

First Horizon National reports solid Q3 performance amidst challenges

First Horizon National delivered a solid performance in Q3 2024, with improved EPS and strong deposit growth.
While facing challenges such as margin compression and mortgage performance, the company maintained a focus on expense discipline.
Opportunities lie in revenue growth, leveraging deposit and fee revenue, and enhancing technology capabilities for future success.

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MEMPHIS, Tenn. , Aug. 23, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced that Chairman, President, and Chief Executive Officer Bryan Jordan and Chief Financial Officer Hope Dmuchowski will participate at the Barclays 22nd Annual Global Financial Services Conference on September 9, 2024, at 2:00 pm ET.

First Horizon Corporation to Participate at the Barclays 22nd Annual Global Financial Services Conference

MEMPHIS, Tenn. , Aug. 20, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") announced the establishment of the First Horizon Bank Endowed Scholarship at LeMoyne-Owen College.

First Horizon Announces Endowed Scholarship at LeMoyne-Owen College

NASHVILLE, Tenn., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Thnks , the first on-demand gratitude expression platform for enterprises, SMBs, and individual contributors, today announced the finalists for its annual 2024 Thnks Gratitude in Business Awards™  program.

Thnks Names Finalists for 2024 Thnks Gratitude in Business Awards™

DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, First Horizon Management, LLC, to Honor Health Care Network. The acquisition closed June 28, 2024. Located in Indianapolis, Indiana, First Horizon Management was established in 2017, offering both skilled and unskilled home health care services as well as operating a Certified Nursing Assistant School. The company has disting.

Generational Group Advises First Horizon Management, LLC in its Sale to Honor Health Care Network

MEMPHIS, Tenn. , Aug. 6, 2024 /PRNewswire/ -- First Horizon Corporation  (NYSE: FHN or "First Horizon") has been named to the Forbes' list of America's Best Employers for Women 2024.

First Horizon Bank Named on Forbes' List of America's Best Employers for Women 2024

Official Bank of the VOLS MEMPHIS, Tenn. , Aug. 1, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") is proud to announce that First Horizon Bank has renewed its commitment to the University of Tennessee and signed a 5-year agreement as a Corporate Champion and the Official Bank of the VOLS.

First Horizon Renews Commitment to The University of Tennessee

MEMPHIS, Tenn. , July 30, 2024  /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) ("First Horizon" or "the Company") announced today its 2024 Company-run capital stress test results.

First Horizon Announces Results of its 2024 Company-Run Stress Test

AMERICA'S BEST MIDSIZE COMPANIES OF 2024 MEMPHIS, Tenn. , July 25, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") announced that it has been recognized on the inaugural list of America's Best Mid-Size Companies 2024 by TIME Magazine.

First Horizon Recognized by TIME Magazine

MEMPHIS, Tenn. , July 23, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or the "Company") today announced that its board of directors had declared a quarterly cash dividend of $0.15 per share on FHN's common stock.

First Horizon Declares Cash Dividends on Common and Preferred Stock

First Horizon has been challenged over the past year not only by higher deposit costs and weakening loan demand, but also the need to regrow deposits after Toronto-Dominion walked away. Q2 earnings missed expectations by a marginal amount, but the Street didn't like the weaker net interest income guide, as "higher for longer" continues to hit First Horizon's profitability. There are concerns that FHN has been caught by competitors and is underperforming its core markets, but I believe the post-deal rebuild has been masking the true long-term growth potential.

First Horizon Needs To Transition From Stabilization To Growth

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First Horizon National (FHN) is a Top-Ranked Momentum Stock: Should You Buy?

First Horizon's (FHN) second-quarter earnings lag estimates, given a fall in NII and non-interest income alongside higher provisions. Nevertheless, lower expenses and a rise in loans remain positives.

First Horizon (FHN) Q2 Earnings Lag Estimates, Stock Down 5.8%

Start Time: 09:30 January 1, 0000 10:27 AM ET First Horizon Corporation (NYSE:FHN ) Q2 2024 Earnings Conference Call July 17, 2024, 09:30 AM ET Company Participants Bryan Jordan - Chairman, President and CEO Hope Dmuchowski - CFO Susan Springfield - Chief Credit Officer Thomas Hung - Deputy Chief Credit Officer Natalie Flanders - Head, IR Conference Call Participants Jon Arfstrom - RBC Capital Markets Michael Rose - Raymond James Anthony Elian - JPMorgan Ebrahim Poonawala - Bank of America Chris McGratty - KBW Casey Haire - Jefferies Ben Gerlinger - Citigroup Samuel Varga - UBS Christopher Marinac - Janney Montgomery Scott John Rauh - Barclays Operator Good afternoon all. Thank you for joining us for the First Horizon Second Quarter 2024 Earnings Conference Call.

First Horizon Corporation (FHN) Q2 2024 Earnings Call Transcript

Shares of First Horizon Corp. (FHN) slipped in intraday trading Wednesday after the regional bank reported second-quarter results lower than analysts expected as lower net interest income (NII) hit its profits.

First Horizon Stock Slides as Regional Bank Lowers Outlook, Earnings Miss

Citizens Financial Group

Synchrony Financial

U.S. Bancorp

U.S. lenders' second-quarter profits were squeezed by dampening loan demand and the high interest they paid to hold on to deposits, but a flurry of bond sales boosted their investment banking units.

US banks see high deposit costs, investment banking boost

While the top- and bottom-line numbers for First Horizon (FHN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

First Horizon (FHN) Reports Q2 Earnings: What Key Metrics Have to Say

First Horizon National (FHN) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.39 per share a year ago.

First Horizon National (FHN) Q2 Earnings and Revenues Miss Estimates

2Q24  ROTCE of 11.3% and Adjusted ROTCE of 12.0% with Tangible Book Value per Share of $12.22, up $0.06 QoQ* MEMPHIS, Tenn. , July 17, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today reported second quarter net income available to common ("NIAC") shareholders of $184 million or earnings per share of $0.34, compared with first quarter 2024 net income available to common of $184 million or earnings per share of $0.33.

First Horizon Corporation's Momentum Continues with Strong Second Quarter 2024 Results; Net Income Available to Common Shareholders of $184 Million or EPS of $0.34; $195 Million or $0.36 on an Adjusted Basis, up $0.01 from prior quarter*

First Horizon (FHN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why First Horizon (FHN) is Poised to Beat Earnings Estimates Again

Get a deeper insight into the potential performance of First Horizon (FHN) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Seeking Clues to First Horizon (FHN) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics

First Horizon (FHN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

First Horizon National (FHN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

MEMPHIS, Tenn. , June 26, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") announced that Junior Achievement USA ®  (JA) has honored First Horizon Bank again with a bronze 2022-23 U.S. President's Volunteer Service Award in appreciation of their valued partnership and support.

First Horizon Bank honored by Junior Achievement with U.S. President's Volunteer Service Award

MEMPHIS, Tenn. , June 25, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") announced that First Horizon Bank has been recognized on the Forbes list of America's Best-in-State Banks 2024.

First Horizon Named to the Forbes America's Best-In-State Banks 2024

160 Nonprofits Receive $10,000 Grants for Advancing Community Development MEMPHIS, Tenn. , June 18, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") today announced the recipients of the Grants for Good campaign.

First Horizon Foundation Awards $1.6 Million to Grants for Good Recipients

MEMPHIS, Tenn. , June 17, 2024 /PRNewswire/ -- First Horizon Corporation  (NYSE: FHN or "First Horizon") has been named to the Financial Brand's Power 100 Banks Using Social Media.

News for First Horizon National Stock (FHN)