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 Q3 2023

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

Why Is First Horizon (FHN) Up 8.7% Since Last Earnings Report?

MEMPHIS, Tenn. , Nov. 16, 2023 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced that Chairman, President, and Chief Executive Officer Bryan Jordan will participate at the Goldman Sachs Financial Services Conference on December 5, 2023, at 3:40 pm ET.

First Horizon Corporation to Participate at the Goldman Sachs Financial Services Conference 2023

MEMPHIS, Tenn. , Nov. 16, 2023 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") today announced it has 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 for 15th consecutive year

MEMPHIS, Tenn. , Nov. 15, 2023 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") is proud to announce that the company has been named a winner of a 2023 Webex Champion Award.

First Horizon Named a Winner of a 2023 Webex Champion Award

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MEMPHIS, Tenn. , Oct. 31, 2023 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") is pleased to announce Amanda West was honored by the American Bankers Association as a recipient of its 2023  ABA Emerging Leader Awards.

Amanda West Honored by American Bankers Association with Inaugural Emerging Leader Award

MEMPHIS, Tenn. , Oct. 30, 2023 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") is pleased to announce that Hope Dmuchowski, CFO, has been recognized by American Banker as one of 2023's The Most Powerful Women in Banking to Watch.

American Banker names Hope Dmuchowski one of 2023's The Most Powerful Women in Banking™ honorees

MEMPHIS, Tenn. , Oct. 24, 2023 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today announced the election of Velia Carboni , 54, to the First Horizon Board of Directors.

First Horizon Names Velia Carboni to Board of Directors

A fall in NII and non-interest income hinder First Horizon's (FHN) Q3 earnings. Improving loan and deposit balances act as tailwinds.

First Horizon (FHN) Q3 Earnings Beat, Revenues Decline Y/Y

First Horizon Corporation. (NYSE:FHN ) Q3 2023 Earnings Conference Call October 18, 2023 9:30 AM ET Company Participants Natalie Flanders - Head of IR Bryan Jordan - Chairman, President, and CEO, Hope Dmuchowski - CFO Susan Springfield - Chief Credit Officer Conference Call Participants Ebrahim Poonawala - Bank of America Casey Haire - Jefferies Michael Rose - Raymond James Brody Preston - UBS Brady Gailey - KBW Anthony Elian - JPMorgan Christopher Marinac - Janney Montgomery Scott David Chiaverini - Wedbush Securities Jon Arfstrom - RBC Capital John Rowe - Wells Fargo Securities Operator Thank you for joining.

First Horizon Corporation (FHN) Q3 2023 Earnings Call Transcript

Although the revenue and EPS for First Horizon (FHN) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

First Horizon (FHN) Reports Q3 Earnings: What Key Metrics Have to Say

First Horizon National (FHN) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.44 per share a year ago.

First Horizon National (FHN) Q3 Earnings Surpass Estimates

Period end deposits increased $1.6 billion QoQ or 2%, up 6% year-to-date with common equity tier 1 ratio of 11.1% Period end loans increased $0.5 billion QoQ, or 1%, up 6% year-to-date ROTCE of 8.0% and adjusted ROTCE of 9.2% with tangible book value per share of $11.22* MEMPHIS, Tenn. , Oct. 18, 2023 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today reported third quarter net income available to common shareholders ("NIAC") of $129 million, or earnings per share of $0.23, compared with second quarter 2023 NIAC of $317 million, or earnings per share of $0.56.

First Horizon Corporation Reports Third Quarter 2023 Net Income Available to Common Shareholders of $129 Million, or EPS of $0.23; $150 Million, or $0.27, on an Adjusted Basis*

First Horizon (FHN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for First Horizon (FHN) This Earnings Season?

First Horizon (FHN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: First Horizon National (FHN) Q3 Earnings Expected to Decline

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First Horizon Corporation is a regional bank with low exposure to HTM securities and CRE loans. The red flags are record low cash-to-deposit ratio and 40% insured deposits. Despite declining revenue and margins in the second quarter, FHN recorded adequate financial performance with improved capital adequacy and stable credit quality. Using the Dividend Discount Model, FHN is overvalued, though using multiples as forward PE and PB is the cheapest among its peers.

First Horizon: Good Bank And Healthy Dividend But Questionable Liquidity

First Horizon Corp. FHN, +0.55% stock was up 2% in premarket trades Friday after the bank revealed the results of its stress test by the U.S. Federal Reserve as illustrating its resiliency as a bank, despite instability in regional banks earlier this year. First Horizon's comments on the annual stress test results released in June by the U.S. Federal Reserve focused on the bank's “strong capital position and commitment to prudent risk management through all economic environments.

First Horizon stress test disclosure reveals ‘resilience' of bank

MEMPHIS, Tenn. , Sept. 29, 2023 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) ("First Horizon" or "the Company") announced today its 2023 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-required minimums.

First Horizon Announces Results of its 2023 Company-Run Stress Test

MEMPHIS, Tenn. , Sept. 20, 2023 /PRNewswire/ -- First Horizon Corporation (NYSE:FHN) plans to announce third quarter financial results on October 18, 2023.

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

MEMPHIS, Tenn. , Sept. 20, 2023 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") has been recognized by Black EOE Journal  as a 2023 Best of the Best Employer.

First Horizon Recognized by BLACK EOE JOURNAL in 2023 Annual Best of the Best

MEMPHIS, Tenn. , Sept. 20, 2023 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") has been recognized by HISPANIC Network Magazine  as a 2023 Best of the Best Employer.

News for First Horizon National Stock (FHN)