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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MEMPHIS, Tenn. , May 22, 2024 /PRNewswire/ -- First Horizon Corporation  (NYSE: FHN or "First Horizon")  has been recognized as one of America's Best Employers for New Grads 2024!

First Horizon Bank Recognized as One of Forbes America's Best Employers for New Grads 2024

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing First Horizon (FHN) Right Now?

MEMPHIS, Tenn. , May 21, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced that Chairman, President, and Chief Executive Officer Bryan Jordan and Chief Financial Officer Hope Dmuchowski will participate at the Morgan Stanley US Financials, Payments & CRE Conference on June 10, 2024, at 2:30 pm ET.

First Horizon Corporation to Participate at the Morgan Stanley US Financials, Payments & CRE Conference

First Horizon, a Tennessee-based bank, has 160 years of experience and is well-equipped to handle the current macroeconomic environment. Net interest income is recovering strongly, and guidance for 2024 is positive, indicating potential growth for the bank. The bank's assets are repricing favorably, and the cost of deposits has stabilized, leading to improved profitability and potential for shareholder remuneration.

First Horizon Corporation: A Historic Bank At A Discount

MEMPHIS, Tenn. , May 21, 2024 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") is pleased to welcome Travis LeMonte as Director of Private Client Services.

Travis LeMonte named Director of Private Client Services of First Horizon Bank

Earned 19 awards for U.S. Small Business Banking and Middle Market Banking MEMPHIS, Tenn. , May 20, 2024 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") has been recognized in the 2023 Greenwich Excellence and Best Brand Awards, earning 19 recognitions in the U.S. Small Business Banking and Middle Market Banking categories.

First Horizon Recognized in 2023 Greenwich Excellence and Best Brand Awards

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

First Horizon (FHN) Up 11.4% Since Last Earnings Report: Can It Continue?

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16TH CONSECUTIVE YEAR  MEMPHIS, Tenn. , May 16, 2024 /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

MEMPHIS, Tenn. , May 15, 2024 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") is proud to announce that the company has earned the designation of VETS Indexes Recognized Employer in the 2024 VETS Indexes Employer Awards.

First Horizon Corporation honored as a 2024 VETS Indexes Recognized Employer

MEMPHIS, Tenn. , May 9, 2024 /PRNewswire/ -- First Horizon Corporation  (NYSE: FHN or "First Horizon") announced today First Horizon President and CEO Bryan Jordan has signed the Statement of Support for the Guard and the Reserve.

First Horizon Signs Statement of Support for the Guard and the Reserve

Volunteers Teach Personal Finance Fundamentals to Youth on "Teach Children to Save Day" MEMPHIS, Tenn. , May 2, 2024 /PRNewswire/ -- First Horizon Corporation  (NYSE: FHN or "First Horizon") is proud to announce its participation in the American Bankers Association (ABA) Foundation's " Teach Children to Save Day ," directly providing financial literacy skills to more than 7,000 students.

First Horizon Bank Teaches Financial Literacy Skills to more than 7,000 Students

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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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*

News for First Horizon National Stock (FHN)