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 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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Here is how First Horizon National (FHN) and Banco Bilbao (BBVA) have performed compared to their sector so far this year.

Is First Horizon (FHN) Outperforming Other Finance Stocks This Year?

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FHN, SLVM and OFG made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 22, 2024.

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First Horizon (FHN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

First Horizon (FHN) Upgraded to Buy: Here's What You Should Know

First Horizon's (FHN) Q1 earnings reflect an improvement in non-interest income. However, challenges emerge with lower net interest income and loan balances, along with higher expenses.

First Horizon (FHN) Q1 Earnings Beat Estimates, Stock Rises (Revised)

First Horizon (FHN) Q1 Earnings Beat Estimates, Stock Rises

First Horizon Corporation (NYSE:FHN ) Q1 2024 Earnings Conference Call April 17, 2024 9:30 AM ET Company Participants Natalie Flanders - Head, IR Bryan Jordan - Chairman, President and CEO Hope Dmuchowski - CFO Susan Springfield - Chief Credit Officer Conference Call Participants Ebrahim Poonawala - Bank of America Michael Rose - Raymond James Jon Arfstrom - RBC Casey Haire - Jefferies Jared Shaw - Barclays Chris McGratty - KBW Steven Alexopoulos - JPMorgan Timur Braziler - Wells Fargo Ben Gerlinger - Citi Christopher Marinac - Janney Montgomery Scott Brennan Crowley - Baird Operator Welcome to the First Horizon First Quarter 2024 Earnings Conference Call. My name is Carla and I will be coordinating your call today.

First Horizon Corporation (FHN) Q1 2024 Earnings Call Transcript

Although the revenue and EPS for First Horizon (FHN) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

First Horizon (FHN) Reports Q1 Earnings: What Key Metrics Have to Say (Revised)

First Horizon (FHN) Reports Q1 Earnings: What Key Metrics Have to Say

First Horizon National (FHN) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.46 per share a year ago.

First Horizon National (FHN) Beats Q1 Earnings and Revenue Estimates

1Q24  ROTCE of 11.0% and Adjusted ROTCE of 11.6% with Tangible Book Value per Share of $12.16, up $0.03 QoQ* MEMPHIS, Tenn. , April 17, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today reported first quarter net income available to common shareholders of $184 million or earnings per share of $0.33, compared with fourth quarter 2023 NIAC of $175 million or earnings per share of $0.31.

First Horizon Corporation's Momentum Continues with Strong First Quarter 2024 Results; Net Income Available to Common Shareholders of $184 Million or EPS of $0.33; $195 Million or $0.35 on an Adjusted Basis - up 9% Over Prior Quarter*

MEMPHIS, Tenn. , April 16, 2024 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") announced that two executives, Vernon Stafford and Tanya Hart, were recognized by Savoy Magazine as 2024 Most Influential Executives in Corporate America.

Vernon Stafford and Tanya Hart recognized in Savoy Magazine's 2024 Most Influential Executives in Corporate America

MEMPHIS, Tenn. , April 15, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today announced that Thomas Hung, Executive Vice President, Head of Franchise Finance, will be named Senior Executive Vice President, Chief Credit Officer, effective October 1, 2024.

First Horizon Corporation Names Thomas Hung Chief Credit Officer, Susan Springfield Announces Retirement

Besides Wall Street's top -and-bottom-line estimates for First Horizon (FHN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

Stay Ahead of the Game With First Horizon (FHN) Q1 Earnings: Wall Street's Insights on Key Metrics

MEMPHIS, Tenn. , April 11, 2024 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") is pleased to announce that Tracy Bell has been promoted to the Chief Investment Officer of First Horizon Advisors Inc., the Wealth Management subsidiary of First Horizon.

Tracy Bell named Chief Investment Officer of First Horizon Advisors Inc.

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.

Analysts Estimate First Horizon National (FHN) to Report a Decline in Earnings: What to Look Out for

MEMPHIS, Tenn. , April 10, 2024 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") announced today the naming of Martin de Laureal as President of First Horizon Advisors, Inc. the Wealth Management subsidiary of First Horizon, and head of Private Banking for the company.

Martin de Laureal Named President of First Horizon Advisors, Inc. and Head of Private Banking of First Horizon Bank

Learn How to Save, Spend and Organize your Financial Life with THE Money Edit MEMPHIS, Tenn. , April 8, 2024 /PRNewswire/ -- First Horizon Corporation  (NYSE: FHN or "First Horizon") is proud to announce a collaboration with The Home Edit  (THE), a lifestyle organizational brand, known for its unique approach to creating beautiful, organized spaces.

First Horizon Bank Announces First-of-its-Kind Collaboration with The Home Edit

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First Horizon Corp. has drawn an upgrade, to outperform from market perform, from analysts at KBW, who said the bank offers value as a standalone company that's not likely to pursue another buyer for the time being.

First Horizon wins upgrade as standalone company as analyst looks past scuttled TD Bank merger

MEMPHIS, Tenn. , April 1, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced that on May 1, 2024 (the "Redemption Date"), it will redeem all outstanding shares of its 6.10% Fixed to Floating Non-Cumulative Perpetual Preferred Stock, Series D (the "Series D Preferred Stock"), and all related outstanding depositary shares, each representing a 1/400th interest in a share of the Series D Preferred Stock ("the Series D Depositary Shares") (NYSE: FHN PRD).

First Horizon Corporation Announces Redemption of Series D Preferred Stock and Corresponding Series D Depositary Shares

MEMPHIS, Tenn. , March 27, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE:FHN) plans to announce first quarter financial results on April 17, 2024.

First Horizon Corporation to Announce First Quarter Financial Results on April 17, 2024

First Horizon Foundation Launches Grants for Good, Awarding $10,000 to 160 Nonprofits Advancing Community Development MEMPHIS, Tenn., March 25, 2024 /PRNewswire/ -- In honor of First Horizon Corp.'s 160th anniversary, First Horizon Foundation today announced the Grants for Good campaign, providing $1.6 million to non-profit organizations within the company's footprint.

First Horizon Foundation Celebrates the Company's 160th Anniversary with $1.6 Million in Donations

News for First Horizon National Stock (FHN)