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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

MEMPHIS, Tenn., Nov. 9, 2021 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or the "Company") today announced the appointment of Hope Dmuchowski as Senior Executive Vice President and Chief Financial Officer.

First Horizon Corporation Names Hope Dmuchowski As Chief Financial Officer

WINSTON SALEM, N.C., Nov. 4, 2021 /PRNewswire/ -- First Horizon Bank today announced two executive hires in the Piedmont Triad.

First Horizon Bank makes key hires in the Piedmont Triad Market

MEMPHIS, Tenn., Nov. 1, 2021 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced that President of Regional Banking and interim Chief Financial Officer Anthony Restel will participate at the Bank of America 2021 Banking and Financials Conference on November 9, 2021 at 11:20 am ET.

First Horizon Corporation to Participate in the Bank of America 2021 Banking and Financials Conference

MEMPHIS, Tenn., Oct. 26, 2021 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or the "Company") today announced that its board of directors has authorized a $500 million increase in its existing 2021 common share repurchase authorization.

First Horizon Corporation Announces Increase in Share Repurchase Program and Declares Cash Dividends

First Horizon's (FHN) Q3 earnings results reflect gains from improved deposits despite a low-rate economy that hurt margins.

First Horizon (FHN) Stock Rises 1.5% on Q3 Earnings Beat

First Horizon Corporation (FHN) CEO Bryan Jordan on Q3 2021 Results - Earnings Call Transcript

First Horizon (FHN) delivered earnings and revenue surprises of 21.95% and -0.55%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

First Horizon National (FHN) Beats Q3 Earnings Estimates

MEMPHIS, Tenn., Oct. 20, 2021 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today reported third quarter 2021 net income available to common shareholders ("NIAC") of $224 million, or earnings per share of $0.41, compared with second quarter 2021 NIAC of $295 million, or earnings per share of $0.53.

First Horizon Corporation Reports Third Quarter Net Income Available to Common Shareholders of $224 Million, or EPS of $0.41; $275 Million, or $0.50, on an Adjusted basis*

First Horizon National (NYSE:FHN) is set to give its latest quarterly earnings report on Wednesday, 2021-10-20. Here's what investors need to know before the announcement.

Earnings Preview: First Horizon National

Mueller Industries

Meritor

Bank OZK

As of Oct. 15, the following stocks look underestimated by the market, as their price-earnings ratios without non-recurring items (NRI) trade below 20 while their price-earnings to growth (PEG) ratios trade near or below 1.

4 Stocks Looking Like Potential Bargains

MEMPHIS, Tenn., Sept. 30, 2021 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or the "Company") today announced that effective November 1, 2021, Anthony Restel will become President of Regional Banking and continue to serve as interim Chief Financial Officer until a successor is named, Tammy LoCascio will become Chief Operating Officer and Tanya Hart will become Chief Human Resources Officer.

First Horizon Announces Organizational Changes

DALLAS, Sept. 29, 2021 /PRNewswire/ -- First Horizon National Corp. (NYSE: FHN or "First Horizon") is pleased to announce that Key Coker has joined the Company as Dallas/Fort Worth Market President.

IBERIABANK/First Horizon Names Veteran Banker Dallas/Fort Worth Market President

NEW ORLEANS, Sept. 9, 2021 /PRNewswire/ -- Louisiana First Horizon Foundation announced today its pledge of $1 million to help communities impacted by Hurricane Ida.

Louisiana First Horizon Foundation Commits $1 Million to Affected Communities

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Here's Why First Horizon National (FHN) is a Strong Growth Stock

First Horizon's (FHN) delay of integration of the IBERIABANK operating system conversion will increase integration costs by $20-$30 million.

First Horizon (FHN) Delays IBERIABANK Integration, Ups Cost View

MEMPHIS, Tenn., Sept. 1, 2021 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or the "Company") today announced that in the wake of widespread devastation caused by Hurricane Ida and to prioritize the safety and welfare of its associates, clients and communities, it will postpone the IBERIABANK operating system conversion and rebranding until first quarter of 2022.

First Horizon Provides Information on Impact of Hurricane Ida Postpones IBERIABANK Systems Conversion Until First Quarter 2022

MEMPHIS, Tenn., Aug. 26, 2021 /PRNewswire/ -- First Horizon Corporation (NYSE:FHN) plans to announce third quarter 2021 financial results on October 20, 2021.

First Horizon Corporation to Announce Third Quarter Financial Results and Host Conference Call on October 20, 2021

MEMPHIS, Tenn., Aug. 19, 2021 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced that President and Chief Executive Officer Bryan Jordan will participate at the Barclays Global Financial Conference on September 14, 2021 at 2:00 pm ET.

First Horizon Corporation to Participate in Barclays Global Financial Services Conference

MEMPHIS, Tenn., July 21, 2021 (GLOBE NEWSWIRE) -- First Horizon Bank has named Hunter Hill as Chief Digital Transformation Officer and promoted Tony Adams to New Orleans Market President.

Hunter Hill Named Chief Digital Transformation Officer

"We're seeing an influx of people into the South. It's been very, very positive, and we will continue to see that," First Horizon Bank CEO Bryan Jordan told CNBC.

First Horizon regional bank reaps benefits of southern population growth, CEO says

First Horizon's (FHN) Q2 earnings reflect gains from solid revenues and improved deposits despite a low-rate economy that hurt margins.

First Horizon (FHN) Stock Up 5.5% on Q2 Earnings Beat

First Horizon Corporation (FHN) CEO Bryan Jordan on Q2 2021 Results - Earnings Call Transcript

First Horizon (FHN) delivered earnings and revenue surprises of 34.88% and 1.36%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

First Horizon National (FHN) Beats Q2 Earnings and Revenue Estimates

Shares of First Horizon (NYSE:FHN) fell 0.1% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 190.00% year over year to $0.58, which beat the estimate of $0.43.

First Horizon: Q2 Earnings Insights

Second quarter 2021 ROTCE of 20.4% improved from 15.9% in first quarter 2021; Adjusted ROTCE of 22.2% improved from 20.2%*

First Horizon Corporation Reports Second Quarter Net Income Available to Common Shareholders of $295 Million, or EPS of $0.53; $321 Million, or $0.58, on an Adjusted basis*

News for First Horizon National Stock (FHN)