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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Earnings data Q1 2024

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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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MEMPHIS, Tenn., April 28, 2021 (GLOBE NEWSWIRE) -- First Horizon Corporation (NYSE: FHN) (“First Horizon”) announced today a public offering of depositary shares, each representing 1/4,000th interest in a share of its Non-Cumulative Perpetual Preferred Stock, Series F, $100,000 liquidation preference per share (equivalent to $25 per depositary share). First Horizon may grant the underwriters a 30-day option to purchase additional depositary shares solely to cover over-allotments, if any. First Horizon intends to use the net proceeds of this offering to redeem in full the outstanding shares of its Non-Cumulative Perpetual Preferred Stock, Series A, and related depositary shares (NYSE: FHN PRA); any remainder will be used for general corporate purposes.

First Horizon Announces Public Offering of Depositary Shares Representing Series F Preferred Stock and Expected Redemption of Series A Preferred Stock

First Horizon saw an improvement in its IBD SmartSelect Composite Rating Monday, from 94 to 96. The post First Horizon Stock Earns Elite Status With Its 96 Composite Rating appeared first on Investor's Business Daily.

First Horizon Stock Earns Elite Status With Its 96 Composite Rating

First Horizon saw an improvement in its IBD SmartSelect Composite Rating Monday, from 94 to 96. The post First Horizon Joins Elite List Of Stocks With 95-Plus Composite Rating appeared first on Investor's Business Daily.

First Horizon Joins Elite List Of Stocks With 95-Plus Composite Rating

First Horizon's (FHN) Q1 results are largely driven by a rise in revenues, provision benefits and higher loan balance, while escalating expenses and near-zero interest rates hurt.

First Horizon (FHN) Up 5.4% as Q1 Earnings Beat Estimates

First Horizon National Corporation (FHN) CEO Bryan Jordan on Q1 2021 Results - Earnings Call Transcript

DXC Technology

TYSONS, Va.--(BUSINESS WIRE)--DXC Technology to provide commercial credit card processing services to First Horizon Bank's treasury management customers.

DXC Technology to Help First Horizon Bank Optimize Commercial Credit Card Processing and Provide Roadmap for Future Growth of Overall Program

Shares of First Horizon (NYSE:FHN) moved higher by 0.4% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 920.00% year over year to $0.51, which beat the estimate of $0.37.

First Horizon: Q1 Earnings Insights

First quarter 2021 ROTCE of 15.9%; Adjusted ROTCE of 20.2% improved from 18.2% in fourth quarter 2020*

First Horizon Corporation Reports First Quarter Net Income Available to Common Shareholders of $225 million, or EPS of $0.40; $284 million, or $0.51, on an Adjusted Basis*

MEMPHIS, Tenn., March 15, 2021 (GLOBE NEWSWIRE) -- First Horizon Corp. (NYSE:FHN) will announce first quarter financial results in a news release, financial supplement, and slide presentation, prior to the market opening on April 21, 2021. A conference call will follow at 8:30 a.m. CT (U.S.) during which management will review earnings and performance trends. The call will also be available as a live webcast, accompanied by a slide presentation. The news release, call, and slide presentation may involve forward-looking information, including guidance.

First Horizon Corp. to Announce Financial Results and Host Conference Call on April 21

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MEMPHIS, Tenn., March 01, 2021 (GLOBE NEWSWIRE) -- Bryan Jordan, President and Chief Executive Officer of First Horizon Corporation (NYSE:FHN), will participate in a virtual fireside chat at the RBC Capital Markets Global Financials Conference on March 9, 2021 at 2:40 p.m. Eastern Time.

First Horizon Corporation to Participate in Virtual RBC Capital Markets Global Financials Conference

First Horizon (FHN) reported earnings 30 days ago. What's next for the stock?

Why Is First Horizon (FHN) Up 14.4% Since Last Earnings Report?

MEMPHIS, Tenn., Feb. 02, 2021 (GLOBE NEWSWIRE) -- William Losch, Chief Financial Officer, of First Horizon Corporation (NYSE:FHN) will participate in a virtual conference with KBW on February 11, 2021 at 1:15 p.m. Eastern Time.

First Horizon Corporation to Participate in Virtual KBW Winter Financial Services Symposium

First Horizon's fourth quarter outperformance was driven largely by lower credit costs, but the 5% core pre-provision profit beat was still welcome, as were the improved credit metrics. Near-term guidance is still pressured by a tough spread environment and increasing charge-offs, but the bank's capital and reserve position are fine.

First Horizon Still Undervalued With Wall Street In Show Me Mode

Declares Cash Dividends on Common and Preferred Stock Declares Cash Dividends on Common and Preferred Stock

First Horizon Corporation Announces $500 Million Share Purchase Program

First Horizon's (FHN) fourth-quarter 2020 results highlight controlled expenses, reduction in provisions and lower revenues.

First Horizon (FHN) Q4 Earnings Beat Estimates, Revenues Fall

First Horizon National Corporation's (FHN) CEO Bryan Jordan on Q4 2020 Results - Earnings Call Transcript

Shares of First Horizon (NYSE:FHN) rose 1.8% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 2.13% year over year to $0.46, which beat the estimate of $0.33.

Recap: First Horizon Q4 Earnings

Fourth quarter 2020 ROTCE of 16.7%; Adjusted ROTCE of 18.2%*

First Horizon Corporation Reports Fourth Quarter Net Income Available to Common of $234 million, or EPS of $0.42; $255 million, or $0.46, on an Adjusted basis*

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Optimization of the branch and office space will likely cut occupancy costs. However, the upcoming system conversion will partly offset the cost savings. The net interest income will likely surge in 2021 because the average loan balance will be higher this year compared to 2020. The IBERIABANK merger drove loan growth in 3Q.

First Horizon: Merger Benefits To Drive Earnings This Year

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First Horizon (FHN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Is First Horizon (FHN) Stock a Solid Choice Right Now?

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MEMPHIS, Tenn., Dec. 28, 2020 (GLOBE NEWSWIRE) -- First Horizon Corporation (NYSE: FHN or the “Company”) today announced the results of its 2020 Bank Holding Company-run capital stress test results which demonstrate the ability to successfully navigate periods of economic stress and maintain capital ratios well above regulatory minimums. These internal results, which utilized the 2020 Severely Adverse Scenario published by the Federal Reserve on September 17, 2020, reflect continued strong risk discipline.

News for First Horizon National Stock (FHN)