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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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) 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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Bank stocks have had a difficult year, and things aren't looking much brighter in the next few months either. From the regional banking crisis earlier this year to stress in the commercial real estate market, to the threat of a deeper than expected recession, banks have been stuck between a rock and a hard place.

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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.

First Horizon Recognized by HISPANIC Network Magazine in 2023 Annual Best of the Best

Receives Award for Top Employer for Women MEMPHIS, Tenn. , Sept. 13, 2023 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") has been recognized by Professional Women's Magazine as a 2023 Best of the Best Employer for women.

First Horizon Recognized by Professional Women's Magazine in 2023 Annual Best of the Best

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1 of 76 Companies to receive recognition in Tennessee MEMPHIS, Tenn. , Sept. 7, 2023 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") earned its place on the Forbes list of Best-in-State Employers 2023.

First Horizon Named on FORBES Best-In-State Employer Lists

#1 in State of Alabama MEMPHIS, Tenn. , Sept. 6, 2023 /PRNewswire/ -- First Horizon Bank, a subsidiary of First Horizon Corp. (NYSE: FHN or "First Horizon") has been named to the Forbes list of Best-in-State Banks 2023.

First Horizon Recognized as one of The Best-In-State Banks 2023 by Forbes

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Predicting the trajectory of bank stocks in 2023 has been incredibly challenging. The unnerving sight of bank runs just a few months ago was a stark reminder of the unpredictable waters this sector is treading.

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MEMPHIS, Tenn. , Aug. 30, 2023 /PRNewswire/ -- First Horizon Bank announced today its support of the Ocean and Climate Innovation Accelerator (OCIA).

First Horizon Supports the Ocean and Climate Innovation Accelerator

First Horizon Corporation is a bank holding company providing general banking services in the US. First Horizon offers three fixed to floating preferred stock series that should easily provide double digit returns. Investors have the choice between focusing on near-term high yield or longer-term total return with these three preferred stock series.

Potential Double Digit Returns With FHN Preferred Stock

Receives Award for Top Veteran-Friendly Company  MEMPHIS, Tenn,, Aug. 29, 2023 /PRNewswire/ -- First Horizon Bank, the banking subsidiary of First Horizon Corp. (NYSE: FHN or "First Horizon") has been recognized by U.S. Veteran's Magazine as a 2023 Top Veteran-Friendly Company. The annual Best of the Best award recognition is presented to companies, schools and government and law enforcement agencies that are championing veteran initiatives.

First Horizon Recognized by U.S. Veterans Magazine in 2023 Annual Best of the Best

List Honors Financial Institutions For Contributions Made During Military Saves Week 2023 MEMPHIS, Tenn. , Aug. 29, 2023 /PRNewswire/ -- First Horizon Bank, the banking subsidiary of First Horizon Corp. (NYSE: FHN or "First Horizon") has received a coveted Designation of Savings Excellence (DOSE) Award from America Saves.

First Horizon Receives 2023 Designation of Savings Excellence Award from America Saves

MEMPHIS, Tenn. , Aug. 28, 2023 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") is pleased to announce the naming of Hunter Hill as Regional President of the First Horizon Bank's South Central region, which includes Birmingham and Mobile, Alabama, and Atlanta, Georgia.

First Horizon Names Hill Regional President of the South-Central Region

Successful Ribbon Cutting and Week of Celebration Highlight Bank's Expansion MEMPHIS, Tenn. , Aug. 28, 2023 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") is pleased to announce the opening of its First Horizon St. Simons Island banking center.

First Horizon Celebrates Grand Opening of St. Simons Island Banking Center

MEMPHIS, Tenn. , Aug. 24, 2023 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced that Chairman, President, and Chief Executive Officer Bryan Jordan will participate at the Barclays Global Financial Services Conference on September 12, 2023, at 9:00 am ET.

First Horizon Corporation to Participate at the Barclays Global Financial Services Conference

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

Why Is First Horizon (FHN) Down 0.6% Since Last Earnings Report?

First Horizon (FHN) is well-poised for growth from rising loan balances, improving NII and inorganic expansion amid high expenses, subdued mortgage banking and poor asset quality.

First Horizon (FHN) to Gain From Buyouts, Muted Mortgage Ails

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I'm no more certain than the next speculator regarding the fate of bank stocks in 2023. We're all aware that this year has been a tough one for the sector.

News for First Horizon National Stock (FHN)