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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Earnings data Q1 2022

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

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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Toronto-Dominion Bank

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

Soros Fund Management, the family office of billionaire George Soros, added to its portfolio new shares in financial and healthcare companies and a bonds exchanged-traded fund in the fourth quarter, according to a regulatory filing on Monday.

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

An increase in net interest income (NII), declining expenses and higher rates support First Horizon's (FHN) Q4 earnings. However, a fall in deposits and non-interest income and higher provisions are headwinds.

First Horizon (FHN) Q4 Earnings Beat Estimates as NII Rises

First Horizon (FHN) delivered earnings and revenue surprises of 2% and 2.35%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

First Horizon National (FHN) Q4 Earnings Beat Estimates

Pre-provision net revenue down 7% from the prior quarter and up 5% on an adjusted basis* ROTCE of 19.1% and adjusted ROTCE of 21.7% with tangible book value per share of $10.23* MEMPHIS, Tess., Jan. 18, 2023 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today reported fourth quarter net income available to common shareholders ("NIAC") of $258 million, or earnings per share of $0.45, compared with third quarter 2022 NIAC of $257 million, or earnings per share of $0.45.

First Horizon Corporation Reports Fourth Quarter 2022 Net Income Available to Common Shareholders of $258 Million, or EPS of $0.45; $293 Million, or $0.51, on an Adjusted Basis*

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) Earnings Expected to Grow: Should You Buy?

MEMPHIS, Tenn. , Jan. 3, 2023 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") today announced it has received the Great Place to Work® recognition, another recognition of the company as an employer of choice.

First Horizon Receives Great Place to Work Certification™

MEMPHIS, Tenn. , Dec. 29, 2022 /PRNewswire/ -- First Horizon is pleased to announce that Keva Latham, SVP Director of Compensation, has been recognized by Color Magazine in its 2022 Power 40 Under 40 list.

Keva Latham Named to Color Magazine's Power List 40 Under 40

Let's Find a Way campaign recognized for digital efforts MEMPHIS, Tenn. , Dec. 20, 2022 /PRNewswire/ -- First Horizon Bank has been named a gold winner in the Best in Biz and MarCom awards.

First Horizon Wins Gold in the Best in Biz and MarCom Awards

MEMPHIS, Tenn. , Dec. 16, 2022 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) announced today that it plans to release fourth quarter and full year 2022 financial results after the close of the market on January 18, 2023.

First Horizon Corporation to Announce Fourth Quarter and Full Year Financial Results on January 18, 2023

MEMPHIS, Tenn. , Dec. 7, 2022 /PRNewswire/ -- Louisiana First Horizon Foundation announced today a financial pledge for the development of a Blue Carbon Database for the U.S. Southeast and northern Gulf of Mexico coastal habitats.

Louisiana First Horizon Foundation Supports Blue Carbon Progress

MEMPHIS, Tenn. , Dec. 6, 2022 /PRNewswire/ -- First Horizon is pleased to announce that Laura Bunn, Triangle Market President, has been recognized by Diversity Woman magazine in its 2022 Power 100 list.

Laura Bunn Named to 2022 Power 100 List by Diversity Woman Magazine

MIAMI, FL / ACCESSWIRE / December 6, 2022 / Standard Premium Finance Management Corporation, a subsidiary of Standard Premium Finance Holdings, Inc. ("Standard") (OTCQX:SPFX) last week executed an amendment to its line of credit agreement with its primary lender, First Horizon Bank, a subsidiary of First Horizon Corp. ("First Horizon") (NYSE:FHN). The agreement extends the term of the line of credit through November 30, 2025, and also includes favorable changes to the interest rate and financial covenants.

Standard Premium Finance Holdings, Inc. Secures Three-Year Line of Credit Agreement With First Horizon Bank

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MEMPHIS, Tenn. , Nov. 1, 2022 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") today announced it has once again earned a spot on the Dave Thomas Foundation for Adoption's list of BEST ADOPTION-FRIENDLY WORKPLACES, another recognition of the company as an employer of choice.

First Horizon Recognized as a Top 100 Best Adoption-Friendly Workplace

MEMPHIS, Tenn. , Oct. 27, 2022 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") has been named to the Forbes list of Best-in-State Employers 2022.

First Horizon Recognized as one of The Best-In-State Employers 2022 by Forbes

First Horizon's (FHN) Q3 results reflect strong NII growth and high loan and lease balances. A fall in non-interest income and higher provisions are headwinds.

First Horizon (FHN) Q3 Earnings Miss Estimates, Revenues Beat

First Horizon (FHN) delivered earnings and revenue surprises of -2.22% and 7.70%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

First Horizon National (FHN) Lags Q3 Earnings Estimates

Pre-provision net revenue up 59% from the prior quarter and up 37% on an adjusted basis* ROTCE of 18.2% and adjusted ROTCE of 17.9% with tangible book value per share of $9.72* MEMPHIS, Tenn. , Oct. 18, 2022 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today reported third quarter net income available to common shareholders ("NIAC") of $257 million, or earnings per share of $0.45, compared with second quarter 2022 NIAC of $166 million, or earnings per share of $0.29.

First Horizon Corporation Reports Third Quarter 2022 Net Income Available to Common Shareholders of $257 Million, or EPS of $0.45; $252 Million, or $0.44, on an Adjusted Basis*

News for First Horizon National Stock (FHN)