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.

Earnings data Q1 2021

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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. , April 25, 2023 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today announced that, after June 30, 2023, US dollar LIBOR will be replaced with CME Term SOFR as the reference rate used in certain outstanding securities issued by FHN or its affiliates.

First Horizon Announces CME Term SOFR as Benchmark Replacement Rate for Certain Outstanding USD LIBOR Securities After June 30, 2023

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MEMPHIS, Tenn. , April 20, 2023 /PRNewswire/ -- First Horizon Corp. (NYSE:FHN or "First Horizon") announces the receipt of four (4) awards at the IR Magazine Awards – US 2023 event on Thursday, March 30 in New York.

FIRST HORIZON RECOGNIZED BY IR MAGAZINE

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Toronto-Dominion Bank believes its planned takeover of First Horizon Corp is unlikely to close by its slated deadline and the company is in talks about a "possible extension," TD's chief executive officer said on Thursday.

TD Bank says in talks over possible extension of First Horizon takeover deadline

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A rise in revenues and increasing rates support First Horizon's (FHN) Q1 earnings. However, deteriorating credit quality and a fall in non-interest income act as headwinds.

First Horizon (FHN) Q1 Earnings Meet Estimates, NII Rises

First Horizon National (FHN) came out with quarterly earnings of $0.46 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.38 per share a year ago.

First Horizon National (FHN) Matches Q1 Earnings Estimates

Pre-provision net revenue up 77% from the prior year and up 63% on an adjusted basis*  ROTCE of 17.4% and adjusted ROTCE of 18.6% with tangible book value per share of $10.89* MEMPHIS, Tenn. , April 18, 2023 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today reported first quarter net income available to common shareholders ("NIAC") of $243 million, or earnings per share of $0.43, compared with fourth quarter 2022 NIAC of $258 million, or earnings per share of $0.45.

First Horizon Corporation Reports First Quarter 2023 Net Income Available to Common Shareholders of $243 Million, or EPS of $0.43; $259 Million, or $0.45, on an Adjusted Basis*

TD Bank Group should abandon or renegotiate its $13.4 billion acquisition of U.S. lender First Horizon as the regional banking crisis has unearthed unknown risks, some small shareholders told Reuters.

Some TD shareholders urge bank to ditch or renegotiate First Horizon deal

Earned 14 awards for U.S. Small Business Banking and Middle Market Banking MEMPHIS, Tenn. , March 30, 2023 /PRNewswire/ -- First Horizon Bank has been recognized in the 2022 Greenwich Excellence and Best Brand Awards, earning 14 recognitions in the U.S. Small Business Banking and Middle Market Banking categories.

First Horizon Recognized in 2022 Greenwich Excellence and Best Brand Awards

MEMPHIS, Tenn. , March 29, 2023 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) announced today that it plans to release first quarter 2023 financial results after the close of the market on April 18, 2023.

First Horizon Corporation to Announce First Quarter Financial Results on April 18, 2023

Awarded Gold recognition for the Association's 2022 Workforce Well-being Scorecard™ MEMPHIS, Tenn. , March 28, 2023 /PRNewswire/ -- First Horizon announced that it was awarded national Gold level recognition for its commitments to employee health and well-being as measured in the American Heart Association's 2022 Workforce Well-being Scorecard™.

First Horizon recognized by the American Heart Association for commitments to workforce well-being

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MEMPHIS, Tenn. , March 10, 2023 /PRNewswire/ -- First Horizon announced that its Chief DE&I leader, Dr. Anthony C.

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TD Bank first announced its acquisition of First Horizon in February 2022. The merger agreement was extended until near the end of May, but it won't be completed by then.

Is TD Bank's Planned Acquisition of First Horizon on the Chopping Block?

Toronto-Dominion Bank remains committed to closing its acquisition of First Horizon Corp. more than a year after the blockbuster deal was announced, but it's unlikely the original $13.4 billion price will survive the process.

TD bank may reprice major acquisition of First Horizon, analyst says

First Horizon Corp. FHN stock dropped 10% in midday trading on Wednesday after the banking and mortgage provider said in a filing that Toronto-Dominion Bank TD does not expect to win regulatory approval for its pending $13 billion acquisition of the company by the extended date of May 27, past the original target date of March 31. First Horizon and TD do not know when the new closing date will be.

First Horizon stock drops 10% as its acquisition by TD hits a regulatory snag

First Horizon revealed that its pending acquisition by TD Bank is once again going to be delayed.

Why Shares of First Horizon Are Plunging Today

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Top U.S. Bank Enlists Global Digital Marketing Agency to Elevate Online Presence and Improve Customer Experience SAN DIEGO , Feb. 21, 2023 /PRNewswire/ --  Mindgruve , one of the fastest-growing digital marketing agencies in the U.S., announced the successful launch of a new website for First Horizon Bank . The bank's new website features a revamped user interface, mobile-first layout, and an elevated design.

Mindgruve Unveils New Website for First Horizon Bank

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Soros Fund adds First Horizon, Horizon Therapeutics and bond ETF

Both banks are fully committed to the transaction, which will benefit their customers, local communities, and other stakeholders TORONTO, CHERRY HILL, N.J. and MEMPHIS, Tenn.

TD and First Horizon Extend Outside Date of Proposed Transaction to May 27, 2023

The Global Digital Marketing Agency Received a Platinum Award in Two Categories for Its Brand Campaign for First Horizon Bank SAN DIEGO , Feb. 7, 2023 /PRNewswire/ -- Mindgruve , one of the fastest-growing digital marketing agencies in the U.S., was recognized as a Platinum winner in the 2023 AVA Digital Awards for the Let's Find a Way brand campaign for First Horizon Bank . The campaign won a Platinum award, an honor only the top 16 percent of entrants earn, in the digital advertising and video production categories.

Mindgruve Awarded Highest Honor at the 2023 AVA Digital Awards

News for First Horizon National Stock (FHN)