Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
17 March 1980Website:
http://www.firsthorizon.comNext earnings report:
17 January 2025Last dividends:
13 September 2024Next dividends:
13 December 2024Price
after hours | 35 min agoAnalysts recommendations
Institutional Ownership
FHN Latest News
MEMPHIS, Tenn. , Oct. 30, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") is pleased to announce that Jaime Dunn, Director of Executive Compensation & Equity Administration at First Horizon, recently won the Memphis Business Journal's 2024 HR Impact Award in the public company category.
MEMPHIS, Tenn. , Oct. 29, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or the "Company") today announced that its board of directors has authorized a new $1 billion common stock repurchase program to replace the Company's prior repurchase program, effective as of the close of business on October 29, 2024.
MEMPHIS, Tenn., Oct. 29, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") has been recognized on the Forbes list of Best-in-State Employers 2024 for Tennessee.
MEMPHIS, Tenn. , Oct. 21, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced Chief Financial Officer Hope Dmuchowski and Chief Operating Officer Tammy LoCascio will participate at the BancAnalysts Association of Boston Conference on November 7, 2024, at 1:30 pm ET.
MEMPHIS, Tenn. , Oct. 21, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") is pleased to announce that Susan Springfield was named one of Memphis Business Journal's Women Who Lead, a special feature recognizing women in leadership roles in public and private companies.
First Horizon shares gained 66% over the past year, driven by strong recovery post-2023 banking crisis and solid financial performance. Q3 earnings beat expectations at$0.42 per share, driven by a 6% revenue increase and strong non-interest income growth. Despite margin compression, deposit repricing is expected to stabilize NIM by Q1 2025, supporting future earnings growth.
FHN's Q3 2024 earnings benefit from a rise in NII and fee income, alongside deposit growth. Yet, rising costs and declining loan balances remain concerns.
First Horizon Corporation (NYSE:FHN ) Q3 2024 Earnings Conference Call October 16, 2024 9:30 AM ET Company Participants Natalie Flanders - Head, Investor Relations Bryan Jordan - Chairman, President and Chief Executive Officer Hope Dmuchowski - Chief Financial Officer Thomas Hung - Deputy Chief Credit Officer Conference Call Participants Ebrahim Poonawala - Bank of America Michael Rose - Raymond James Jon Arfstrom - RBC Capital Jared Shaw - Barclays Capital Samuel Varga - UBS Chris McGratty - KBW Timur Braziler - Wells Fargo Christopher Marinac - J. Montgomery Scott Operator Good morning all and thank you for joining us for the First Horizon Third Quarter 2024 Earnings Conference Call.
3Q24 ROTCE of 12.6% and Adjusted ROTCE of 13.2% with Tangible Book Value per Share of $13.02, up $0.81 QoQ* MEMPHIS, Tenn. , Oct. 16, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today reported third quarter net income available to common ("NIAC") shareholders of $213 million or earnings per share of $0.40, compared with second quarter 2024 net income available to common of $184 million or earnings per share of $0.34.
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 September 2024.
What type of business is First Horizon?
First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through Regional Banking and Specialty Banking segments. It offers general banking services for consumers, businesses, financial institutions, and governments. The company also accepts deposits; provides underwriting services for bank-eligible securities and other fixed-income securities by financial subsidiaries; sells loans and derivatives; financial planning; and offers investment and financial advisory services. In addition, it offers mortgage banking; loan syndications; brokerage services; commercial and business banking for business enterprises, consumer banking, and private client and wealth management services; capital markets, professional commercial real estate, mortgage warehouse and asset-based lending, franchise and equipment finance, tax credit finance, energy and healthcare finance, asset management, and corporate and correspondent banking services. Further, the company provides transaction processing services including check clearing services and remittance processing, credit cards, investment, and sale of mutual fund and retail insurances, as well as trust, fiduciary, and agency services. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.
What sector is First Horizon in?
First Horizon is in the Financial Services sector
What industry is First Horizon in?
First Horizon is in the Banks - Regional industry
What country is First Horizon from?
First Horizon is headquartered in United States
When did First Horizon go public?
First Horizon initial public offering (IPO) was on 17 March 1980
What is First Horizon website?
https://www.firsthorizon.com
Is First Horizon in the S&P 500?
No, First Horizon is not included in the S&P 500 index
Is First Horizon in the NASDAQ 100?
No, First Horizon is not included in the NASDAQ 100 index
Is First Horizon in the Dow Jones?
No, First Horizon is not included in the Dow Jones index
When was First Horizon the previous earnings report?
No data
When does First Horizon earnings report?
The next expected earnings date for First Horizon is 17 January 2025