Signature Youth Initiative Anchors the Second Annual Impacting the Carolinas Campaign; First Horizon Bank Named Presenting Partner of Bee-Ball For All
, /PRNewswire/ -- The Charlotte Hornets have announced First Horizon Bank (NYSE: FHN or "First Horizon") as the presenting partner of Bee-Ball for All, the organization's signature youth engagement platform and cornerstone of the second annual Impacting the Carolinas initiative. Through Bee-Ball for All presented by First Horizon Bank, the Hornets will distribute 10,000 basketballs to youth through participating Boys & Girls Club locations across North and South Carolina, expanding access to the game while creating opportunities for mentorship, literacy, wellness and community engagement throughout the region.
First Horizon Bank and Charlotte Hornets Bee-Ball for All Event - Northridge Middle School, Charlotte NC To officially tip off the initiative, Hornets, First Horizon Bank and Boys & Girls Club leaders – along with Hornets Legend Muggsy Bogues – gathered at Northridge Middle School on Thursday, July 23 for a formal announcement and youth basketball clinic celebrating the launch of the two-state distribution effort. The event served as the beginning of a broader effort that will place 10,000 basketballs into the hands of children across North and South Carolina.
"This isn't just about giving away basketballs; it's about opening doors for youth development in multiple ways," said Justin Rutledge, Senior Vice President and Charlotte Market President for First Horizon Bank. Laura Bunn, Executive Vice President and Mid-Atlantic Regional President for First Horizon Bank added, "Sports also build teamwork, discipline and skills youth will carry through their lives. While we're proud to celebrate in Charlotte today, the mission reaches far beyond this community. Bee-Ball for All helps us connect with youth across the Carolinas, so opportunities aren't limited to one city, but shared across more than 200 Boys & Girls Clubs spanning North and South Carolina."
"Partnerships like this allow us to make a greater impact than we ever could alone. We are incredibly grateful to First Horizon Bank for sharing our commitment to investing in youth and strengthening communities throughout the Carolinas," said Hornets Sports & Entertainment Senior Vice President of Community Impact Betsy Mack. "Together, we are creating opportunities for young people to grow, learn, build confidence and connect through the game of basketball."
Launched in 2025, Impacting the Carolinas is designed to strengthen Hornets Sports & Entertainment's community impact and regional presence across North and South Carolina while reinforcing the organization's commitment to being the Team of the Carolinas.
About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.4 billion in assets as of June 30, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
About Hornets Sports & Entertainment
Hornets Sports & Entertainment (HSE) owns the Charlotte Hornets and the Greensboro Swarm (NBA G League), and operates Spectrum Center, the premier destination for sports and entertainment in the Carolinas. Charlotte's first professional sports team, the Hornets joined the NBA in 1988 and are a member of the Eastern Conference's Southeast Division. HSE is committed to positively impacting the Carolinas through community programming and the Charlotte Hornets Foundation. Spectrum Center is celebrating its 20th anniversary and reopened following a two-phased renovation as a fully transformed world-class arena in the heart of Uptown Charlotte. Through the years, Spectrum Center has hosted nearly 2,500 events and has welcomed more than 25 million guests. Directly across from Spectrum Center, the state-of-the-art Novant Health Performance Center is being built to enhance player development and foster a culture of high performance.
For more information, please visit hornets.com, gsoswarm.com or spectrumcentercharlotte.com
, /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced Scott Serpico has been appointed Senior Vice President, Head of Product. In this new Memphis-based role, Serpico will lead the strategy and vision for First Horizon Bank's multi-product portfolio that includes credit cards, deposits, lending and emerging payments.
Scott Serpico - Senior Vice President, Head of Product for First Horizon "As we continue strengthening our client-first strategy, we're thrilled to welcome Scott to our growing team," said Erin Pryor, Senior Executive Vice President, Chief Marketing and Experience Officer for First Horizon. "He brings category-leading financial services expertise combined with disciplined execution—a unique set of skills and talents that will elevate how our clients discover, choose and use our offerings to improve their lives. We're excited for the impact Scott will deliver."
Serpico most recently served as the executive leader for Consumer Lending at USAA, where he directed strategy and growth plans, product management, product forecasting, pricing and portfolio optimization. His career also includes leadership roles at Ally Financial, Chase, SunTrust, Wells Fargo and MBNA.
About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.4 billion in assets as of June 30, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
Largest Bank in Chattanooga Selects Native Chattanoogan as Bank Marks 50 Years in Chattanooga
, /PRNewswire/ -- First Horizon Bank (NYSE: FHN) (or "First Horizon") announced that veteran banker Lebron Womack will serve as Chattanooga Market President. Womack has more than 15 years of experience with First Horizon Bank and more than 30 years in the banking industry.
Lebron Womack, Chattanooga Market President for First Horizon Bank Throughout his tenure with First Horizon, Womack has held leadership and commercial banking roles serving businesses across Chattanooga and East Tennessee. Most recently, he served as Senior Vice President and Commercial Relationship Manager, partnering with middle-market and corporate clients on growth initiatives, acquisitions, capital investments, and strategic financing solutions.
As First Horizon Bank marks its 50th year in the Chattanooga market, Womack will focus on strengthening client relationships, supporting associates, expanding First Horizon's presence in the community, and driving growth across the Chattanooga market. He will continue to lead with a client-first approach and build teamwork to deliver strategic solutions that lead to client success.
"Lebron is an ideal leader to serve as Chattanooga Market President," said Richard Shaffer, East Regional President for First Horizon Bank. "He knows the importance of turning understanding into action by providing tailored solutions to help clients and communities reach their full potential. He will make an outstanding president for this key market in First Horizon's footprint."
"I am honored to lead our amazing team of bankers and financial professionals in Chattanooga – they are the reason First Horizon continues to be the leading bank in this market. Our dedication to 'Here for Good' efforts are more than a principle, community involvement is in our DNA. Together, we're going to continue to make a difference in the lives of our clients and in the greater Chattanooga community that has been so good to us."
A native Chattanoogan, and proud graduate of the University of Tennessee at Chattanooga, Womack is actively involved in the community and currently serves on the board of the Tennessee River Gorge Trust.
About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.4 billion in assets as of June 30, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
, /PRNewswire/ -- First Horizon Bank (NYSE: FHN) ("First Horizon") today announced the appointment of Kevin Brown to President of the Central Arkansas Market. Brown has deep experience in Central Arkansas, having served as a Senior Commercial Banker in the Little Rock Market since 2010, where he has helped advance steady, long-term growth.
In his new role, Brown will lead market strategy in Little Rock, broaden client relationships, strengthen and cultivate ties with civic and business partners and elevate First Horizon Bank's presence across the region.
Kevin Brown - Central Arkansas Market President for First Horizon Bank "Growing up in Arkansas and graduating from the University of Arkansas, Kevin brings a deep understanding of our communities and clients," said Bo Allen, Mid-South Regional President for First Horizon Bank. "The Little Rock market is an integral part of First Horizon's long-term strategic goals; under Kevin's leadership, our team will drive disciplined growth for our commercial and consumer clients while also remaining focused on building relationships across our communities."
About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.4 billion in assets as of June 30, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
, /PRNewswire/ -- First Horizon Bank (NYSE: FHN) (or "First Horizon") today announced that Josh Newsom has been named Senior Vice President for Commercial and Business Banking in the North Mississippi market. In this role, Newsom will drive growth and develop strategies to support clients across the region while focusing on client relationships, new to bank acquisitions and fostering strong community involvement.
Josh Newsom - Senior Vice President, Commercial and Business Banking for First Horizon Bank "With more than seventeen years of banking experience in revenue growth, deposit generation and bank operations, Josh is an ideal client-focused banker to serve our growing North Mississippi market," said Michael Parker, North Mississippi Market President for First Horizon Bank.
Newsom joins First Horizon from Southern Bancorp, where he previously held leadership roles as Market President, City President and Senior Vice President, Commercial Lending. He's also served in various banking roles with Community Bank and Regions Bank and is a graduate of Mississippi State University, attended the Mississippi School of Banking and the Graduate School of Banking at Louisiana State University.
About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.4 billion in assets as of June 30, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
Decker Wealth Management LLC bought a new position in First Horizon Corporation (NYSE:FHN – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 32,387 shares of the financial services provider’s stock, valued at approximately $737,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. KBC Group NV boosted its position in shares of First Horizon by 9.8% in the first quarter. KBC Group NV now owns 15,654 shares of the financial services provider’s stock worth $356,000 after purchasing an additional 1,393 shares during the period. California Public Employees Retirement System increased its stake in shares of First Horizon by 6.9% in the first quarter. California Public Employees Retirement System now owns 1,035,323 shares of the financial services provider’s stock worth $23,564,000 after purchasing an additional 66,496 shares in the last quarter. Assetmark Inc. raised its position in shares of First Horizon by 11.1% during the 1st quarter. Assetmark Inc. now owns 11,212 shares of the financial services provider’s stock valued at $255,000 after purchasing an additional 1,118 shares during the period. Bessemer Group Inc. raised its position in shares of First Horizon by 0.3% during the 1st quarter. Bessemer Group Inc. now owns 138,920 shares of the financial services provider’s stock valued at $3,162,000 after purchasing an additional 425 shares during the period. Finally, Twin Capital Management Inc. lifted its stake in shares of First Horizon by 1.9% during the 1st quarter. Twin Capital Management Inc. now owns 45,106 shares of the financial services provider’s stock valued at $1,027,000 after buying an additional 851 shares in the last quarter. Institutional investors own 80.28% of the company’s stock.
First Horizon Price Performance FHN stock opened at $25.79 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.96 and a current ratio of 0.97. The company’s fifty day moving average price is $24.76 and its 200-day moving average price is $24.27. First Horizon Corporation has a one year low of $19.80 and a one year high of $26.56. The company has a market capitalization of $12.24 billion, a PE ratio of 12.34, a price-to-earnings-growth ratio of 1.01 and a beta of 0.60.
First Horizon (NYSE:FHN – Get Free Report) last posted its earnings results on Wednesday, July 15th. The financial services provider reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.02. The company had revenue of $890.00 million during the quarter, compared to analysts’ expectations of $878.42 million. First Horizon had a net margin of 21.12% and a return on equity of 12.06%. During the same period last year, the company posted $0.45 earnings per share. On average, equities analysts anticipate that First Horizon Corporation will post 2.16 EPS for the current fiscal year.
First Horizon Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Friday, June 12th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Friday, June 12th. First Horizon’s dividend payout ratio is 32.54%.
Analysts Set New Price Targets Several research analysts recently weighed in on the stock. Fundamental Research set a $28.50 target price on shares of First Horizon in a report on Wednesday, July 1st. Evercore set a $27.00 price target on First Horizon in a report on Monday, July 6th. National Bank Financial set a $29.00 price objective on First Horizon in a research report on Thursday. JPMorgan Chase & Co. dropped their price objective on First Horizon from $28.50 to $27.00 and set a “neutral” rating for the company in a research note on Thursday. Finally, UBS Group reiterated a “buy” rating on shares of First Horizon in a research report on Thursday. Nine analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, First Horizon currently has an average rating of “Hold” and a consensus price target of $27.16.
Check Out Our Latest Stock Analysis on FHN
First Horizon News Roundup Here are the key news stories impacting First Horizon this week:
Positive Sentiment: Analysts and market commentary highlighted First Horizon’s Q2 earnings beat, stronger net interest income, fee income, and loan/balance growth, reinforcing the view that the stock may be undervalued after the quarter. First Horizon (FHN) Stock May Be 45% Undervalued After Q2 Earnings Beat Positive Sentiment: First Horizon said its banking results are showing improvement, which supports the bullish narrative around earnings momentum and operating performance. First Horizon (NYSE:FHN) Banking Results Show Improvement Positive Sentiment: Another earnings-focused article said the Q2 beat is bringing First Horizon’s undervalued-stock thesis into sharper focus, adding to investor optimism. First Horizon (FHN) Q2 Earnings Beat Brings Its Undervalued Narrative Into Focus Neutral Sentiment: First Horizon announced the 10th anniversary of its Music, Sports and Entertainment Group, which is positive for branding but likely not a major near-term stock driver. A Decade of Client-first Service in Music, Sports and Entertainment at First Horizon Bank Neutral Sentiment: The bank also announced a leadership-related community appointment, which is supportive of local relationships but unlikely to materially affect shares. First Horizon Bank and United Way of Southeast Louisiana Announce Meghan Donelon is Appointed Executive Committee Board Chair Neutral Sentiment: Catherine Wood was promoted to head of commercial banking strategy, a management update that could help execution but is not a major immediate catalyst. Catherine Wood Promoted to Head of Commercial Banking Strategy for First Horizon Bank Negative Sentiment: JPMorgan lowered its price target on FHN to $27 from $28.50 and kept a neutral rating, suggesting limited upside despite the earnings beat. First Horizon price target lowered by JPMorgan Chase & Co. Negative Sentiment: One report noted that shares fell after the earnings release because expenses rose and capital ratios weakened, raising some caution around the quality of the quarter. FHN Shares Fall Despite Q2 Earnings Beat on Higher NII & Fee Income Neutral Sentiment: First Horizon also posted better-than-expected Q2 sales, adding to the overall earnings beat narrative. First Horizon (NYSE:FHN) Posts Better-Than-Expected Sales In Q2 CY2026 First Horizon Profile (Free Report)
First Horizon Corporation, headquartered in Memphis, Tennessee, is a diversified financial services company providing an array of retail, commercial and wealth management solutions. As the largest bank-based financial services firm in Tennessee, First Horizon operates through a network of branches and digital platforms across the Southeastern United States, offering personal and business banking, mortgage origination and servicing, payment solutions and treasury management services.
Tracing its origins to the First National Bank of Memphis established in 1864, First Horizon has grown through strategic acquisitions and organic expansion to serve customers in Tennessee, Texas, North Carolina, South Carolina, Georgia and Florida.
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, /PRNewswire/ -- First Horizon Bank (NYSE: FHN) (or "First Horizon") today announced the upcoming 10th anniversary of its Music, Sports and Entertainment Group. Founded in 2016 by Music Finance leader Andrew Kintz in Nashville and joined in 2020 by Miami-based Alex Hernandez, the specialty division has expanded to a collaborative team of more than 20 industry experts, strategically located in Miami, Atlanta and its Nashville headquarters, serving clients coast to coast.
Pictured (L-R): Ben James, Senior Vice President and Managing Director, Music, Sports and Entertainment Group for First Horizon Bank; Andrew Kintz, Executive Vice President, Music, Sports and Entertainment Group for First Horizon Bank; Bryan Bolton, Senior Vice President and Managing Director, Music, Sports and Entertainment Group for First Horizon Bank. Photo: Courtesy of First Horizon Bank The current leadership team comprises three industry veterans dedicated to supporting Music, Sports and Entertainment companies and individuals, with a blend of deep experience and full-service capabilities guided by Nashville-based executive Kintz. His leadership and client-first approach continue to drive the group's exposure and momentum with owners and decision makers at the industry's largest and most respected firms.
Based in Nashville, Managing Director Bryan Bolton brings more than 20 years of music banking experience. He joined First Horizon in August 2016 to assist Kintz in expanding the Music Industry Group. Now marking its 10th anniversary, the group has grown into a specialty platform delivering consistent year-over-year growth. In 2024, Bolton was promoted to Managing Director of the music vertical. He remains focused on strengthening long-standing client relationships, pairing capital with counsel and helping clients plan with confidence.
Managing Director Ben James is based in Atlanta and leads the group's Atlanta and Coral Gables offices. With more than 24 years of banking experience, most spent serving music, sports and entertainment, he brings a client-focused mindset and practical expertise. He and his associates work with corporate and private banking clients, leveraging the group's specialty platform and First Horizon's full suite of capabilities to deliver tailored solutions and responsive service.
"Decades in this space have taught us relationships drive outcomes. With our combined leadership experience, we deliver tailored strategies and responsive service so our clients can focus on what they do best," said Andrew Kintz, EVP of Music, Sports and Entertainment for First Horizon. "Bryan Bolton and Ben James have brought strong leadership to our team, and we are proud of our accomplishments of the past decade and the role our group plays in the expansion strategy of First Horizon."
About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.4 billion in assets as of June 30, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
NEW ORLEANS, July 17, 2026 /PRNewswire/ -- First Horizon Bank (NYSE: FHN) (or "First Horizon") and United Way of Southeast Louisiana (UWSELA) today announced that Meghan Donelon, Commercial Banking Group Manager at First Horizon Bank, has been appointed the new Executive Committee Board Chair for UWSELA. As a lifelong New Orleanian, Donelon brings nearly two decades of banking experience and a long-standing commitment to community leadership to this board chair position.
, /PRNewswire/ -- First Horizon Bank (NYSE: FHN) (or "First Horizon") announced today that Catherine Wood has been promoted to Senior Vice President, Head of Commercial Banking Strategy. Wood has served as a Raleigh-based banking leader for more than 15 years. In her new role she will lead the corporate multi-year strategy to drive growth and a differentiated client experience with a focus on identifying high‑impact AI and technology opportunities across commercial onboarding, origination, underwriting and servicing. Her responsibilities will include oversight of the commercial client experience, portfolio management and SBA lending.
Catherine Wood - Senior Vice President, Head of Commercial Banking Strategy, First Horizon Bank "Catherine has consistently demonstrated strong leadership, deep industry knowledge and a talent for building long-term relationships that strengthen our commercial banking franchise," said Samuel Erwin, Director of Regional Banking for First Horizon Bank. "Her promotion to lead Commercial Strategy is a well-deserved recognition of her impact. I'm confident she'll continue to drive growth while delivering exceptional service for our clients and communities."
Wood is an industry veteran who has held several leadership positions within First Horizon Bank, most recently as Head of Commercial Portfolio Management where she led multiple strategic initiatives. Prior to that, she led a team of commercial and corporate portfolio managers and credit analysts across North Carolina and Virginia and was the Credit Administration Manager for TrustAtlantic Bank, prior to its acquisition by First Horizon Bank in 2015.
Dedication to the community continues to be a priority for Wood. She developed a financial literacy program for children ages 5-12 at The Daniel Center for Math and Science in Raleigh and previously served as President of the Board of Directors of Meals on Wheels of Wake County.
About First Horizon Bank
First Horizon Corp. (NYSE: FHN), with $84.4 billion in assets as of June 30, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
Key Takeaways First Horizon posted Q2'26 EPS of 54 cents, beating estimates, but shares fell nearly 3%.First Horizon benefited from higher NII, stronger fee income, loan growth and deposit growth.NII rose 5% and fee income climbed 12% year over year, while expenses increased 8%. First Horizon Corporation (FHN - Free Report) posted second-quarter 2026 earnings per share (EPS) of 54 cents, surpassing the Zacks Consensus Estimate of 52 cents. This compares favorably with 45 cents in the year-ago quarter.
Results benefited from higher net interest income (NII) and non-interest income, along with a lower provision for credit losses. Higher loan and deposit balances also provided support. However, rising expenses and weaker capital ratios were headwinds. Given these concerns, FHN shares lost nearly 3% in yesterday’s trading session.
Net income available to its common shareholders was $260 million, up 12% year over year.
FHN’s Revenues & Expenses RiseTotal quarterly revenues were $887 million, which increased 7% year over year. The top line surpassed the Zacks Consensus Estimate of $873.5 million.
NII increased 5% year over year to $676 million. Additionally, the net interest margin expanded 9 basis points from the prior-year quarter to 3.49%.
Non-interest income was $211 million, rising 12% year over year. The increase reflected growth in brokerage, trust and insurance income, fixed income revenues, mortgage banking revenues and deferred compensation income.
Non-interest expenses increased 8% year over year to $531 million. The rise was mainly due to higher salaries and benefits, outside services, occupancy and equipment, and deferred compensation expenses.
The efficiency ratio was 59.88%, up from 59.20% in the same quarter last year. A rise in the efficiency ratio indicates lower profitability.
FHN’s Q2 Segment ResultsCommercial, Consumer and Wealth revenues were $777 million, up 3% year over year. The segment’s net income increased 3% to $304 million.
Wholesale revenues rose 13% year over year to $125 million. However, the segment’s net income declined 22% to $18 million.
Corporate revenues were negative $15 million compared with negative $38 million in the prior-year quarter. The segment reported a net loss of $48 million, narrower than the year-ago loss of $75 million.
FHN’s Loans & Deposits Balances IncreaseTotal period-end loans and leases, net of unearned income, were $65.3 billion, up 1.5% from the end of the prior quarter. Total period-end deposits were $68.1 billion, increasing 2.4% sequentially.
FHN’s Credit Quality ImprovesNon-performing loans and leases totaled roughly $531 million, down from $593 million in the prior-year quarter. The non-performing loans and leases ratio declined to 0.81% from 0.94%.
The allowance for credit losses to loans and leases ratio was 1.24%, down from 1.42% in the year-ago quarter.
Net charge-offs were $33 million, down 3% year over year. Provision for credit losses was $15 million compared with $30 million in the year-ago quarter.
FHN’s Capital Ratios DeteriorateAs of June 30, 2026, the common equity tier 1 ratio was 10.5%, down from 11% reported at the end of the year-ago quarter.
The total capital ratio was 13.4%, down from 14% a year ago. The tier 1 leverage ratio declined slightly to 10.5% from 10.6% in the prior-year quarter.
FHN’s Capital DeploymentDuring the quarter, FHN repurchased $100 million worth of shares at an average price of $24.52 per share. The company had $665 million remaining under its share repurchase authorization.
Our Viewpoint on FHNFirst Horizon benefited from higher net interest income, solid non-interest income growth, loan and deposit growth, and improved credit quality. However, rising expenses, a higher efficiency ratio and lower capital ratios remain areas to watch going forward.
FHN currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Earnings Dates & Expectations of Other StocksRegions Financial (RF - Free Report) is scheduled to release second-quarter 2026 earnings on July 17.
The consensus estimate for RF’s quarterly earnings has remained unchanged at 64 cents per share over the past seven days. This indicates a 6.7% increase from the year-ago reported level.
Truist Financial (TFC - Free Report) is slated to report second-quarter 2026 results on July 17.
Over the past seven days, the Zacks Consensus Estimate for TFC’s quarterly earnings has remained unchanged at $1.08 per share. This indicates an 18.7% increase from the year-ago reported level.
First Horizon Corporation remains a 'hold' at current ~$25 levels, reflecting solid credit quality but deposit mix and reserve concerns. FHN's Q2 earnings beat was driven by a low tax rate, not core operations; deposit growth relied on expensive brokered funds, pressuring margins. NIM compressed in Q2 and faces near-term headwinds, but loan repricing offers longer-term upside; loan growth is steady, with manageable CRE and NDFI exposure.
First Horizon Corporation delivered Q2 2026 results with revenue and EPS exceeding analyst expectations, yet shares declined 3%. FHN demonstrates robust asset quality, with return on assets at 1.31% and return on equity at 12.33%, both outperforming peers. Deposit and loan growth remain solid, while management strategically shifts toward commercial lending and boosts liquidity by reducing debt.
For the quarter ended June 2026, First Horizon National (FHN - Free Report) reported revenue of $887 million, up 6.4% over the same period last year. EPS came in at $0.54, compared to $0.45 in the year-ago quarter.
The reported revenue represents a surprise of +1.55% over the Zacks Consensus Estimate of $873.47 million. With the consensus EPS estimate being $0.52, the EPS surprise was +3.85%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how First Horizon performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Average Balance - Total interest earning assets: $78.06 billion versus the three-analyst average estimate of $78.03 billion.Efficiency Ratio: 59.9% versus the three-analyst average estimate of 57.5%.Net Interest Margin (FTE): 3.5% versus 3.5% estimated by three analysts on average.Total nonperforming loans and leases: $531 million versus $603 million estimated by two analysts on average.Net charge-off ratio: 0.2% compared to the 0.2% average estimate based on two analysts.Net Interest Income: $676 million versus $678.48 million estimated by three analysts on average.Total Non-Interest Income: $211 million versus the three-analyst average estimate of $198.21 million.Net interest income (FTE): $679 million versus $680.14 million estimated by two analysts on average.View all Key Company Metrics for First Horizon here>>>
Shares of First Horizon have returned +3.2% over the past month versus the Zacks S&P 500 composite's +1.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Banking and trucking: Is the economy rolling toward troubles?First Horizon NYSE: FHN reported higher adjusted earnings and continued loan growth in the second quarter of 2026, with management saying the bank remains on track with its full-year expectations despite deposit competition, rate uncertainty and volatility affecting fixed income revenue.
Chairman, President and Chief Executive Officer Bryan Jordan said adjusted earnings per share rose $0.09, or 20%, from a year earlier, while adjusted pre-provision net revenue increased 8%. Period-end loan balances grew by about $2 billion compared with the second quarter of 2025.
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PacWest, First Horizon Shares Plummet On Continued Bank Worries“These outcomes are the direct results of our clear objectives, disciplined execution, and the value we demonstrate to clients day in and day out,” Jordan said. He added that First Horizon sees “continued growth momentum going into the second half of the year.”
Earnings, margin and loan growth Chief Financial Officer Hope Dmuchowski said adjusted EPS increased $0.01 from the prior quarter to $0.54, while adjusted PPNR rose 1% to $364 million. Average loan balances increased by $1.5 billion during the quarter. Compared with the first half of 2025, adjusted return on common equity rose by more than 180 basis points, adjusted PPNR increased 8%, and adjusted EPS was up $0.21.
Net interest income rose by $9 million from the prior quarter, reflecting loan growth. Net interest margin compressed by three basis points, settling in the high 340-basis-point range, which Dmuchowski said was in line with expectations given the interest rate environment.
Period-end loans increased $953 million from the prior quarter, driven by $1 billion in commercial loan growth. That included $710 million in commercial and industrial growth, excluding loans to mortgage companies, and $175 million in commercial real estate growth. Loans to mortgage companies rose $118 million, reflecting normal home-buying seasonality, though management noted some headwinds from the rate environment.
Dmuchowski said new commitments were up more than 50% year over year, driven by commercial real estate activity, creating an opportunity for flat to slightly higher period-end balances as construction projects fund over time. She said loan pipelines remained strong across business lines and the company’s footprint, while commercial loan spreads remained generally consistent with prior quarters in a competitive market.
Deposits and funding costs remain a focus Period-end deposit balances increased $1.6 billion from the prior quarter, primarily due to growth in brokered deposits. The average rate paid on interest-bearing deposits increased five basis points to 2.33%.
Dmuchowski said deposit costs increased due to competition and portfolio mix, but the company’s cumulative deposit beta remained “strong” at 66% since rates began falling in September 2024. She said average costs on client interest-bearing deposits were roughly flat in the quarter.
During the question-and-answer portion of the call, Dmuchowski said she expects deposit costs in the third quarter and the rest of the year to look similar to 2025 if the current rate trajectory continues. She said competition typically increases in the second and third quarters because of deposit offers and acquisition campaigns.
Jordan said the market appears to be moving through a “secular change” in which deposit costs are drifting toward wholesale funding costs, aided by greater transparency around interest rates. He said rates could “drift up a little bit” over the next quarter, though he emphasized the uncertainty around the rate outlook.
Fee income, fixed income volatility and wealth momentum Fee income decreased $1 million from the prior quarter, excluding deferred compensation, but was up $14 million from a year earlier. Dmuchowski said fixed income revenue declined as ADRs fell to 594,000, though that was still an 8% increase year over year. She attributed the decline to macroeconomic volatility, a changing geopolitical environment and uncertainty over interest rates.
The fixed income decline was partly offset by higher brokerage, trust and insurance income, which management attributed to continued momentum in wealth management and increased client activity. Dmuchowski said the company’s move to the LPL platform in the third quarter of 2025 helped deepen product penetration with existing clients and bring new clients onto the platform.
Jordan said volatility in rates would continue to have a real-time effect on the fixed income business. He said the back half of 2026 did not feel likely to be as strong as the back half of 2025, though he noted positive signs, including a strong week in the business shortly before the call.
Expenses, credit and capital Adjusted expenses, excluding deferred compensation, increased $6 million from the prior quarter. Personnel expenses rose $1 million, driven by a $4 million increase in salaries and benefits tied to hiring and higher day count. Outside services increased $10 million, primarily due to seasonal marketing expenses, partly offset by lower client cash incentive payouts in other noninterest expenses.
Dmuchowski said the company expects expenses to be flat over the next two quarters. She said some movement may occur between outside services and other expense categories as marketing campaigns shift from acquisition costs to cash incentive payouts.
Credit metrics remained within management’s expectations. Net charge-offs increased $4 million to $33 million, and the net charge-off ratio was 20 basis points. The provision for credit losses was $15 million. The allowance for credit losses-to-loans ratio declined to 1.24%, driven by portfolio mix changes and credit resolutions, while nonperforming loans declined 13 basis points to 81 basis points.
Chief Credit Officer Thomas Hunt said the company continued to focus on minimizing losses and maximizing recoveries rather than pursuing quick resolutions. He said non-depository financial institution exposure remained steady with no major concerns, and consumer-sensitive sectors such as retail, restaurants and trucking remained areas to monitor, though they had been “surprisingly resilient.”
First Horizon ended the quarter with a common equity tier 1 ratio of 10.5%, in line with its near-term target. The company repurchased 4 million shares for $100 million during the quarter. Tangible book value per share ended at $14.53, up 7% year over year, which Dmuchowski said included $857 million of buybacks and an increase to the dividend.
Dmuchowski said First Horizon continues to analyze the potential impact of Basel III and currently expects about a 10% reduction in risk-weighted assets under the standardized approach as proposed. She said capital allocation priorities remain organic loan growth, dividends and then share repurchases.
Jordan said the company remains focused on building full client relationships, improving profitability and maintaining expense discipline while investing in talent, technology and tools. “Our job is to stack one good quarter on top of the next by serving clients well and staying disciplined, rather than reacting to economic volatility and market changes,” he said.
About First Horizon NYSE: FHNFirst Horizon Corporation, headquartered in Memphis, Tennessee, is a diversified financial services company providing an array of retail, commercial and wealth management solutions. As the largest bank-based financial services firm in Tennessee, First Horizon operates through a network of branches and digital platforms across the Southeastern United States, offering personal and business banking, mortgage origination and servicing, payment solutions and treasury management services.
Tracing its origins to the First National Bank of Memphis established in 1864, First Horizon has grown through strategic acquisitions and organic expansion to serve customers in Tennessee, Texas, North Carolina, South Carolina, Georgia and Florida.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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First Horizon National (FHN - Free Report) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +3.85%. A quarter ago, it was expected that this bank holding company would post earnings of $0.49 per share when it actually produced earnings of $0.53, delivering a surprise of +8.16%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
First Horizon, which belongs to the Zacks Banks - Southwest industry, posted revenues of $887 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.55%. This compares to year-ago revenues of $830 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
First Horizon shares have added about 7.6% since the beginning of the year versus the S&P 500's gain of 10.2%.
What's Next for First Horizon?While First Horizon has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for First Horizon was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.55 on $895.6 million in revenues for the coming quarter and $2.15 on $3.54 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Southwest is currently in the top 19% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
BOK Financial (BOKF - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on July 20.
This Regional banking operator is expected to post quarterly earnings of $2.56 per share in its upcoming report, which represents a year-over-year change of +16.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
BOK Financial's revenues are expected to be $558.9 million, up 4.4% from the year-ago quarter.
, /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today reported second quarter net income available to common shareholders ("NIAC") of $260 million or earnings per share of $0.54, compared with first quarter 2026 NIAC of $257 million or earnings per share of $0.53 and second quarter 2025 NIAC of $233 million or earnings per share of $0.45. Return on common equity and return on tangible common equity grew to 12.3% and 15.2%, respectively, in the quarter.*
"Our results represent another quarter of disciplined execution," said Chairman, President and CEO Bryan Jordan. "This performance is the result of our focus on developing client relationships and prioritizing and delivering outstanding service."
Jordan continued, "Compared to the first half of 2025, net income available to common shareholders grew 16% in the first half of 2026. This reflects strength across multiple aspects of our business and includes 3% year-over-year loan growth."
Conference Call Information
Analysts, investors and interested parties may call toll-free starting at 8:15 a.m. CT on July 15, 2026, by dialing 1-833-461-5787 (if calling from the U.S.) and entering access code 702071053. The conference call will begin at 8:30 a.m. CT.
Participants can also opt to listen to the live audio webcast at https://ir.firsthorizon.com/events-and-presentations/default.aspx.
A replay of the webcast will be available on our website on July 15 and will be archived on the site for one year.
Forward-Looking Statements
This document and the complete 2Q2026 earnings release to which it relates contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, with respect to FHN's beliefs, plans, goals, expectations, and estimates. Forward-looking statements are not a representation of historical information, but instead pertain to future operations, strategies, financial results, or other developments. Forward-looking statements often use words such as "believe," "expect," "anticipate," "intend," "estimate," "should," "is likely," "will," "going forward," and other similar expressions that indicate future events and trends. Forward-looking statements are necessarily based upon estimates and assumptions that are inherently subject to significant business, operational, economic, and competitive uncertainties and contingencies, many of which are beyond FHN's control, and many of which, with respect to future business decisions and actions (including acquisitions and divestitures), are subject to change and could cause FHN's actual future results and outcomes to differ materially from those contemplated or implied by forward-looking statements or historical performance. While there is no assurance that any list of uncertainties and contingencies is complete, examples of factors which could cause actual results to differ from those contemplated by forward-looking statements or historical performance include those mentioned: in this document; in Items 2.02 and 7.01 of FHN's Current Report on Form 8-K filed with the Securities and Exchange Commission on the date of this release; in the forepart, and in Items 1, 1A, and 7, of FHN's most recent Annual Report on Form 10-K; and in the forepart, and in Item 1A of Part II, of FHN's Quarterly Report(s) on Form 10-Q filed after that Annual Report. Any forward-looking statements made by or on behalf of FHN speak only as of the date they are made, and FHN assumes no obligation to update or revise any forward-looking statements that are made in this document or in any other statement, release, report, or filing from time to time. Actual results could differ and expectations could change, possibly materially, because of one or more factors, including those factors listed in this document or the documents mentioned above, or other factors not listed.
Throughout this document and the complete 2Q2026 earnings release to which it relates, numbers may not total due to rounding, references to EPS are fully diluted, and capital ratios for the most recent quarter are estimates.
Use of non-GAAP Measures and Regulatory Measures that are not GAAP
Certain measures included in this document and the complete 2Q2026 earnings release to which it relates are "non-GAAP," meaning they are not presented in accordance with generally accepted accounting principles in the U.S. and also are not codified in U.S. banking regulations currently applicable to FHN. Although other entities may use calculation methods that differ from those used by FHN for non-GAAP measures, FHN's management believes such measures are relevant to understanding the financial condition, capital position, and financial results of FHN and its business segments. Non-GAAP measures are reported to FHN's management and Board of Directors through various internal reports.
The non-GAAP measures presented in this document and the complete 2Q2026 earnings release to which it relates are fully taxable equivalent measures, pre-provision net revenue ("PPNR"), return on average tangible common equity ("ROTCE"), tangible common equity ("TCE") to tangible assets ("TA"), tangible book value ("TBV") per common share, and various consolidated and segment results and performance measures and ratios adjusted for notable items.
Presentation of regulatory measures, even those which are not GAAP, provides a meaningful basis for comparability to other financial institutions subject to the same regulations as FHN, as demonstrated by their use by banking regulators in reviewing capital adequacy of financial institutions. Although not GAAP terms, these regulatory measures are not considered "non-GAAP" under U.S. financial reporting rules as long as their presentation conforms to regulatory standards. Regulatory measures used in this financial supplement include: common equity tier 1 capital ("CET1"), generally defined as common equity less goodwill, other intangibles, and certain other required regulatory deductions; tier 1 capital, generally defined as the sum of core capital (including common equity and instruments that cannot be redeemed at the option of the holder) adjusted for certain items under risk based capital regulations; and risk-weighted assets, which is a measure of total on- and off-balance sheet assets adjusted for credit and market risk, used to determine regulatory capital ratios.
Refer to the tabular reconciliation of non-GAAP to GAAP measures and presentation of the most comparable GAAP items, beginning on page 20 of FHN's complete 2Q26 earnings release available at https://ir.firsthorizon.com.
First Horizon Corp. (NYSE: FHN), with $84.4 billion in assets as of June 30, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
* "Adjusted" results, along with return on tangible common equity, tangible book value per share, and certain other financial measures, are non-GAAP financial measures. All references to loans include leases. All references to earnings per share are based on diluted shares. NII, total revenue, NIM, and PPNR are presented on a fully taxable equivalent ("FTE") basis. Capital ratios are preliminary. Please see page 4 of our complete 2Q26 earnings release for information on our use of non-GAAP measures and a reconciliation of these measures to GAAP beginning on page 20 of that release.
, /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") announced today it has been honored by United Way of the Mid-South with one of three first-ever 2025 Community Trailblazer Awards. The award recognizes select corporate partners for exemplary support through associate campaigns, corporate giving, fundraising and volunteering.
Pictured L-R: Tomeka Hart-Wigginton, CEO of United Way of the Mid-South, First Horizon: Kate Staggs, Shaneda Porter, Katie Beecroft, LaTina Jones, Ann Simpson, Lemetha Webb and Tondra Hill, United Way of the Mid-South Manager of Corporate Giving. "We're honored to be recognized for the dedication of our company and associates to United Way," said Bo Allen, Mid-South Regional President for First Horizon Bank. "We believe sustainable community impact happens when businesses, nonprofits and our broader community work together to improve lives, build opportunities and strengthen neighborhoods across Memphis."
"United Way of the Mid-South is proud to honor our workplace campaign partners that support our valuable work in the community. First Horizon has been a long-time partner of United Way and was more than deserving of an inaugural Trailblazer Award. First Horizon supports United Way through workplace giving and goes above and beyond with a corporate contribution and sponsorship, year-round community volunteerism, and is represented on our Board of Directors. We are grateful for their deep commitment," said Tomeka Hart Wigginton, President & CEO for United Way of the Mid-South.
About First Horizon Bank
First Horizon Corp. (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
, /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") announced today the naming of Craig A. Netterville as Senior Vice President and Baton Rouge President. Netterville has served as a leader on the Baton Rouge team for 20 years and contributed to the market's significant client growth as head of the Private Client team.
Craig A. Netterville - SVP, Baton Rouge President for First Horizon Bank "As a Baton Rouge native and graduate of LSU, Craig is the ideal leader for our team and clients," said Tony Adams, Gulf States Regional President. "He has a deep understanding of the community and our clients' needs. Under his leadership, our team will continue to deliver large bank capabilities with the high-touch, relationship-focused service and customized solutions our clients value."
Netterville has also been a lifelong leader in the community. He currently serves on the Louisiana State Civil Service Commission. He previously served as Board Chair of Franciscan Missionaries of Our Lady University, President of LA Mortgage Lenders Association, Treasurer of Istrouma Area Boy Scouts and as a Board Member of Baton Rouge Area Chamber, Knock Knock Children's Museum and Credit Bureau of Baton Rouge Foundation. He also serves on the finance committee of OLOL Regional Medical Center.
About First Horizon Bank
First Horizon Corp. (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
, /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") announced today the donation of its former banking center located at 4011 Canal Street in New Orleans to United Way of Southeast Louisiana in support of the organization's Prosperity Center initiative. The donation builds on both organizations' shared commitment to financial empowerment and long-term community stability throughout the Greater New Orleans region.
First Horizon Bank and United Way Prosperity Center. Pictured from left to right are: Tony Adams, First Horizon Bank; Brittany Elder, United Way of Southeast Louisiana; Meghan Donelon, First Horizon Bank; Michael Williamson, United Way of Southeast Louisiana "At First Horizon Bank, we believe strong communities are built through meaningful partnerships and investments that create lasting impact," said Tony Adams, Gulf States Regional President for First Horizon Bank and board member of United Way of Southeast Louisiana. "We are proud to support United Way and its continued work to create greater opportunity for individuals and families across our region."
"United Way has made a tremendous impact in this space, helping families access critical resources and support to build stronger futures," said Meghan Donelon, Commercial Banking Group Manager at First Horizon Bank and Board Chair of United Way of Southeast Louisiana for 2026–2027. "They have truly made this space their own, and First Horizon Bank is proud to help make it their permanent home. This donation reflects the power of partnership and our shared commitment to creating lasting change across Southeast Louisiana."
The Canal Street location will allow United Way to build on the Prosperity Center's established presence and continue addressing barriers to economic mobility throughout Southeast Louisiana. The center offers education, workforce development resources, housing counseling, tax preparation, and other services designed to help individuals and families build more secure financial futures.
"This generous donation from First Horizon Bank marks a transformative milestone for the J. Wayne Leonard Prosperity Center," said Michael Williamson, President and CEO of United Way of Southeast Louisiana. "This investment ensures that the center can continue serving as a gateway to opportunity for families across Southeast Louisiana. As we look ahead, the J. Wayne Leonard Prosperity Center will play an increasingly vital role in helping more people achieve economic stability, build financial resilience, and create pathways to lasting prosperity for generations to come."
About First Horizon Bank
First Horizon Corp. (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
, /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") announces new leadership for Cookeville and Sparta, underscoring the bank's client-first approach and ongoing commitment to the Upper Cumberland Region. John Hanson has been named Cookeville Market President, Mandy Mathis has been named Private Client Banking Relationship Manager and Sherry Maybury and Jennefer Willard have been promoted to Banking Center Managers in Cookeville and Sparta.
John Hanson brings more than 20 years of experience across commercial banking, small business lending, agricultural finance, credit analysis and banking center leadership. As Cookeville Market President, he will lead market strategy, community investments and will help connect clients to the financial services they need.
Mandy Mathis has been named Vice President, Private Banking Relationship Manager. A 20-year First Horizon Bank associate, Mathis began her career as a teller and most recently served as the Cookeville Main Banking Center Manager. In this newly established role in Cookeville, Mathis will deliver tailored deposit, lending and cash management solutions for high–net–worth clients.
Sherry Maybury, with more than 40 years of banking experience and 20 years in retail leadership, has been appointed Cookeville Main Banking Center Manager. Previously, she led the Sparta Market as Banking Center Manager. Maybury will now lead the high-achieving retail team in Cookeville, advancing service excellence and providing clients with expertise and practical solutions to help them reach their financial goals.
Jennefer Willard has been promoted to Sparta Banking Center Manager. In her new role, she will strengthen client relationships and lead a high-performing team focused on exceptional service. Willard has been with First Horizon Bank since 2022 and has more than 30 years of experience in retail and client service.
"We are pleased to announce new leadership and promotions in our Cookeville and Sparta markets," said Greg Wilson, Maryville Market President and Community Bank Executive for First Horizon Bank. "These associates are respected within the bank, across the greater Cookeville and Sparta areas and share a deep dedication to serving clients and their communities."
About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
Wall Street analysts expect First Horizon National (FHN - Free Report) to post quarterly earnings of $0.52 per share in its upcoming report, which indicates a year-over-year increase of 15.6%. Revenues are expected to be $873.47 million, up 5.2% from the year-ago quarter.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain First Horizon metrics that are commonly tracked and forecasted by Wall Street analysts.
The consensus among analysts is that 'Efficiency Ratio' will reach 57.5%. The estimate is in contrast to the year-ago figure of 59.2%.
Based on the collective assessment of analysts, 'Average Balance - Total interest earning assets' should arrive at $78.03 billion. Compared to the current estimate, the company reported $75.89 billion in the same quarter of the previous year.
The average prediction of analysts places 'Net Interest Margin (FTE)' at 3.5%. The estimate is in contrast to the year-ago figure of 3.4%.
Analysts forecast 'Total nonperforming assets' to reach $604.50 million. The estimate is in contrast to the year-ago figure of $606.00 million.
The consensus estimate for 'Total nonperforming loans and leases' stands at $603.00 million. The estimate is in contrast to the year-ago figure of $593.00 million.
Analysts predict that the 'Net Interest Income' will reach $678.48 million. The estimate is in contrast to the year-ago figure of $641.00 million.
The collective assessment of analysts points to an estimated 'Total Non-Interest Income' of $198.21 million. Compared to the present estimate, the company reported $189.00 million in the same quarter last year.
According to the collective judgment of analysts, 'Net interest income (FTE)' should come in at $680.14 million. Compared to the present estimate, the company reported $645.00 million in the same quarter last year.
View all Key Company Metrics for First Horizon here>>>
Over the past month, First Horizon shares have recorded returns of +2.8% versus the Zacks S&P 500 composite's +2.2% change. Based on its Zacks Rank #3 (Hold), FHN will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
First Horizon National (FHN - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 15. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis bank holding company is expected to post quarterly earnings of $0.52 per share in its upcoming report, which represents a year-over-year change of +15.6%.
Revenues are expected to be $873.47 million, up 5.2% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.21% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for First Horizon?For First Horizon, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -2.19%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that First Horizon will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that First Horizon would post earnings of $0.49 per share when it actually produced earnings of $0.53, delivering a surprise of +8.16%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
First Horizon doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
First Horizon Corporation (NYSE:FHN) will release its second quarter earnings report before the opening bell on Wednesday, July 15.
Analysts expect the Memphis, Tennessee-based company to report quarterly earnings of 53 cents per share, up from 45 cents per share in the year-ago period. The consensus estimate for First Horizon’s quarterly revenue is $881.11 million. It reported $833 million last year, according to Benzinga Pro.
On July 1, First Horizon Bank named Jason Triplett as Western North Carolina Area President for the Mid-Atlantic Region.
First Horizon shares rose 0.7% to close at $25.85 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying FHN stock? Here’s what analysts think:
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, /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") announced today that Mohan Sankararaman, Executive Vice President and Chief Information Officer, was named one of American Banker's Most Innovative People in Finance. The award was presented to Sankararaman in June at the American Banker Digital Banking Conference in Orlando, Florida, where he was a featured speaker alongside his colleague, Leilani Farol, Senior Vice President and Chief Information Security Officer.
Mohan Sankararaman, First Horizon "We are proud to recognize Mohan for his impact and commitment to innovation in financial services," said Tammy LoCascio, Senior Executive Vice President and Chief Operating Officer for First Horizon. "This honor reflects both his leadership and the caliber of ideas our teams bring to the future of digital banking."
About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
, /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") announced today that Jason Triplett, Head of Commercial Banking, has been named Western North Carolina Area President for the Mid-Atlantic Region. He will report to Laura Bunn, Mid-Atlantic Regional President, and be responsible for leading community banking and associate and community engagement while expanding the bank's market share across Western North Carolina, including Asheville, Boone, Hickory and Lenoir.
Jason Triplett, First Horizon Bank "Since joining First Horizon, Jason's deep local ties and community involvement have made a clear impact. His vision will be key to extending the reach of First Horizon Bank in Western North Carolina and helping clients and associates thrive," said Laura Bunn, Mid-Atlantic Regional President for First Horizon.
"As Western North Carolina Area President and a long-time resident, I'm honored to lead a team committed to strengthening relationships with our clients, associates and community partners, and to supporting our clients' goals and investing in the communities we call home," said Jason Triplett, Western North Carolina Area President for First Horizon Bank.
Triplett's commitment to Western North Carolina is also evident through his dedication to community service. He currently serves on the Board of Advisors for Appalachian State University's Department of Finance, Banking and Insurance, the Board of Directors of the NC Housing Finance Agency and is a Boone Chamber Advocacy Task Force member.
About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
, /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") announced today that Daniel Maurin, Senior Vice President and Business Banking Manager, has joined the Board of Governors of Junior Achievement of Greater New Orleans.
Maurin brings nearly three decades of banking experience to his role at First Horizon Bank. Throughout his career, he has partnered with businesses and individuals across the greater New Orleans area, providing strategic financial guidance and building trusted relationships throughout the region.
Daniel Maurin, First Horizon Bank "I am honored to join the Junior Achievement of Greater New Orleans Board of Governors," said Daniel Maurin, Senior Vice President and Business Banking Manager for First Horizon Bank. "Every day, I see the impact that financial knowledge, mentorship and opportunity can have on individuals and families. Junior Achievement plays a critical role in preparing young people for success, and I look forward to supporting its mission and helping empower the next generation of leaders and entrepreneurs."
"Daniel brings deep financial expertise, strong community connections and a commitment to developing future leaders," said Larry Washington, President and CEO of Junior Achievement of Greater New Orleans. "His leadership and insight will help us broaden our reach and continue equipping students with the skills and confidence they need to achieve their goals."
About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
, /PRNewswire/ -- First Horizon (NYSE: FHN) announced today it has been recognized by the Dave Thomas Foundation with three honors. Those include being named one of the Top 100 Best Adoption Friendly Workplaces, a Certified Adoption Friendly Workplace and a Certified Foster Friendly Workplace.
2026 marks the 14th year First Horizon has earned the Top 100 distinction and the 18th year being recognized as an Adoption Friendly Workplace. This is also the first year the company has been named a Certified Foster Friendly Workplace.
First Horizon Earns Recognition from the Dave Thomas Foundation for the 18th Year "At First Horizon, we believe supporting our associates means recognizing the many paths families take to grow. Earning these honors from the Dave Thomas Foundation reflects our long-standing commitment to building a workplace where associates feel support in every season of life," said Tanya Hart, Senior Executive Vice President and Chief Human Resources Officer for First Horizon. "We're proud to offer benefits and resources that help make adoption and foster care more accessible for the families we serve within our company."
About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
, /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") announced today that Logan Young, Cleveland Market President, will also serve as Manager of Business Banking for the East Tennessee Region.
With a decade of banking experience and three years as Cleveland's Market President, Young has a proven ability to deliver strategic financial solutions, develop successful banking teams and support market growth initiatives. His expertise and experience in leadership strengthens the momentum of the fast-growing East Tennessee region.
Logan Young - First Horizon Bank "Logan continues to excel as a leader in Cleveland, and we're excited to welcome him to Chattanooga and Knoxville as he expands his duties," said Richard Shaffer, East Regional President for First Horizon Bank. "In this expanded role he will continue to work closely with internal partners and community organizations to connect clients with valuable solutions. His leadership experience, client-first mindset and commitment to building relationships makes him an asset to the region's expanding First Horizon team."
About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
, /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") is pleased to announce the addition of two new Commercial Banking Leaders, a Private Client Leader, a Trust Services Regional Manager and a Retail Market Manager.
Daniel Bolongaro, Senior Vice President, Commercial Banking Leader, has more than 25 years of banking expertise leading high-performing teams in Alabama, California and Georgia. In this new role, Bolongaro will lead commercial banking efforts in the Atlanta market, continuing to strengthen client relationships while leading a growing team of bankers.
Tom Mabon, Senior Vice President, Commercial Banking Leader will be leading a seasoned team of middle market commercial bankers. He brings more than 35 years of leadership experience from New York, Brazil, Atlanta and New Orleans.
Jeff Fairchild has been promoted to Senior Vice President, Private Client Leader. In this role, Fairchild leads a team of private client associates to deliver tailored deposit, lending and cash management solutions for high‑net‑worth clients while partnering closely with wealth, mortgage and trust. Jeff has been with the bank for 10 years, having previously served in various leadership capacities, including as Retail Banking Executive for Georgia and Alabama.
Crystal Aldredge, Senior Vice President and Trust Services Regional Manager, joins First Horizon with more than 21 years of experience in trust, state and wealth management. Aldredge has a proven track record of partnering with advisors and clients to deliver thoughtful and comprehensive fiduciary solutions.
Leon Blue, Senior Vice President and Retail Market Manager, has nearly 10 years of banking experience and is leading retail banking operations across the state of Georgia and areas in North Florida. In this new role, Blue will oversee client-first initiatives, team development and community engagement programs.
"Experience matters; what truly sets these new associates apart is how they show up for our clients. They listen first, solve thoughtfully and deliver consistency," said Alex Morton, Executive Vice President and Atlanta Market President for First Horizon. "Bringing their talent and experience to First Horizon accelerates our momentum in Atlanta as we deepen relationships, expand capabilities and earn the trust of new clients across the market."
"These key new team members reflect the momentum we're seeing across Atlanta," said Hunter Hill, Executive Vice President and South Central Regional President for First Horizon. "Each of these individuals brings specialized expertise and a shared commitment to serving clients, further strengthening how we support businesses, individuals and the community across Atlanta and the entire Georgia region."
About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
, /PRNewswire/ -- First Horizon Corporation (NYSE:FHN) plans to announce second quarter financial results on July 15, 2026. The news release and supplemental materials will be available at ir.firsthorizon.com at approximately 6:30 am ET/5:30 am CT. FHN management will host a live conference call and webcast presentation that morning with details as follows:
Date/Time:
July 15, 2026, at 9:30 am (ET)/8:30 am (CT)
Webcast/Presentation:
A live webcast will be available at ir.firsthorizon.com under Events and Presentations.
Dial-in:
Individuals may call in by dialing 1-833-461-5787 (if calling from the U.S.) or 585-542-9983 (if calling from outside the U.S) and entering access code 702071053.
Replay Information:
A replay of the webcast will be available on our website and will be archived on the site for one year.
The presentation and any related materials may contain forward-looking statements, including guidance, involving significant risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements, including those factors described in FHN's recent 10-K, 10-Q, 8-K, and other reports and filings with the SEC. FHN disclaims any obligation to update any such forward-looking statements or to publicly announce the result of any revisions to any of the forward-looking statements to reflect future events or developments.
About First Horizon
First Horizon Corporation (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
, /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") announced it has appointed Craig Bechtel to Specialty Director and Group Head of its Corporate Healthcare team, further strengthening the bank's commitment to serving healthcare companies across the United States.
Craig Bechtel - Specialty Director and Group Head of Corporate Healthcare for First Horizon Bank In this role, Bechtel will lead First Horizon's Corporate Healthcare team, building on the group's expertise and long-standing experience as a provider of capital and financial services to healthcare clients nationwide. He will guide the team's strategic efforts to deliver tailored financial solutions that support the growth, operational goals and evolving needs of companies across the healthcare sector.
"Craig brings tremendous industry knowledge, a client-first mindset and a highly strategic approach to delivering solutions for healthcare companies," said Kevin Beeson, Executive Vice President and Director of Specialty Banking for First Horizon. "His depth of experience and proven ability to understand clients' goals make him exceptionally well positioned to lead our corporate healthcare team and continue expanding the value we provide to clients across the country."
About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
, /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") is proud to announce it has been recognized in the 2026 CityBusiness Reader Rankings, an annual reader-selected awards program highlighting leading businesses, organizations and professionals across the Greater New Orleans area.
First Horizon Bank CityBusiness Awards First Horizon Bank earned Top Winner honors for Best Small Business Bank and Winner recognition for Best Business Bank. Voted on by CityBusiness readers, these awards reflect the trust clients and community members place in the bank and their commitment to delivering exceptional service and financial solutions throughout the region.
"We are honored to be recognized by loyal CityBusiness readers," said Jimmy Dunn, New Orleans Market President for First Horizon Bank. "This recognition is especially meaningful because it comes directly from the community we are privileged to serve every day. We remain committed to helping our clients achieve their financial goals while investing in the communities where we live and work."
About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
First Horizon delivered solid Q1 results, with EPS of $0.53 and a 15% return on tangible equity, beating expectations. FHN maintains strong credit quality, stable non-interest-bearing deposits, and prudent capital returns, including a 7% share count reduction via buybacks. Loan growth is steady, with limited CRE exposure; NDFI risk is mitigated by low-risk, short-term mortgage warehousing.
, /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") is pleased to announce the addition of two new associates and the promotion of a current team member, further strengthening its banking capabilities in the Acadiana market.
Eddie Buttross has been promoted to Commercial Banking Group Manager. A respected leader within First Horizon, Buttross will oversee commercial banking efforts in the market, continuing to strengthen client relationships while leading a growing team of bankers.
Eddie Buttross, First Horizon Bank
Christine Kieu, First Horizon Bank
Melinda Brahan, First Horizon Bank Christine Kieu has joined First Horizon Bank as Senior Private Client Relationship Manager. With 25 years of banking experience, Kieu brings a client-first approach and a proven track record of delivering strategic financial solutions.
Melinda Brahan joins the team as Treasury Management Sales Officer. In this role, she partners with commercial clients to deliver tailored cash management and treasury solutions that support business operations and long-term growth.
"These announcements reflect the momentum we're seeing across our Acadiana Market," said Jerry Prejean, Acadiana Market President for First Horizon Bank. "Eddie, Christine and Melinda bring specialized expertise and a shared commitment to serving clients, further strengthening how we support businesses and individuals across the region."
These associates will all be based in First Horizon Bank's downtown Lafayette office.
About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
, /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or the "Company") today announced that its board of directors declared a quarterly cash dividend of $0.17 per share on FHN's common stock. The dividend is payable on July 1, 2026, to shareholders of record at the close of business on June 12, 2026.
Preferred Dividend Information
Cash dividends were also declared on the Company's Series E, Series F and Series H Preferred Stock, and on First Horizon Bank's Class A Non-Cumulative Perpetual Preferred Stock, as follows:
FHN Series E
Quarterly cash dividend of $1,625.00 per share on FHN's 6.50% Non-Cumulative Perpetual Preferred Stock, Series E ("Series E Preferred Stock"). This equates to a cash dividend of $0.40625 per Depositary Share (NYSE: FHN PRE), each of which represents a 1/4,000th interest in a share of the Series E Preferred Stock. The dividend is payable on July 10, 2026, to shareholders of record at the close of business on June 25, 2026.
FHN Series F
Quarterly cash dividend of $1,175.00 per share on FHN's 4.70% Non-Cumulative Perpetual Preferred Stock, Series F ("Series F Preferred Stock"). This equates to a cash dividend of $0.29375 per Depositary Share (NYSE: FHN PRF), each of which represents a 1/4,000th interest in a share of the Series F Preferred Stock. The dividend is payable on July 10, 2026, to shareholders of record at the close of business on June 25, 2026.
FHN Series H
Quarterly cash dividend of $2,212.50 per share on FHN's 6.75% Non-Cumulative Perpetual Preferred Stock, Series H ("Series H Preferred Stock"). This equates to a cash dividend of $0.553125 per Depositary Share (NYSE: FHN PRH), each of which represents a 1/4,000th interest in a share of the Series H Preferred Stock. The dividend is payable on July 10, 2026, to shareholders of record at the close of business on June 25, 2026.
First Horizon Bank Class A
Quarterly cash dividend of $12.10843 per share on First Horizon Bank's Class A Non-Cumulative Perpetual Preferred Stock. The dividend is payable on July 10, 2026, to shareholders of record at the close of business on June 25, 2026.
About First Horizon
First Horizon Corporation (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
MEMPHIS, Tenn. , May 4, 2026 /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") announced today James Gifas has joined the organization as Senior Vice President, Deputy Head of Treasury Management.
MEMPHIS, Tenn., May 11, 2026 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") is proud to announce that Tyler Craft, Senior Vice President and Head of Investor Relations, has been named to the Triangle Business Journal 2026 40 Under 40 list.
, /PRNewswire/ -- First Horizon Bank (NYSE: FHN) is pleased to announce that Wanda Weinberger has joined the company as Banking Center Manager of its Pan American Life location at 601 Poydras Street in New Orleans.
In her role, Weinberger will oversee the daily operations and client experience at the Pan American Life location while leading a team focused on relationship-driven banking and personalized financial solutions for clients throughout the Greater New Orleans area.
Wanda Weinberger - First Horizon Banking Center Manager Weinberger has more than 35 years of banking and financial services experience, with an extensive background in consumer lending, mortgage lending, branch management, operations and client relationship management. Throughout her career, she has held leadership positions with several financial institutions including Frost Bank, JPMorgan Chase, Wells Fargo, Texans Credit Union and ASI Federal Credit Union.
"We are excited to welcome Wanda to First Horizon Bank," said Jimmy Dunn, New Orleans Market President for First Horizon Bank. "Her leadership experience, client-first mindset and dedication to building relationships make her an outstanding addition to our New Orleans banking team."
About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
MEMPHIS, Tenn., May 14, 2026 /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") is pleased to announce it served nearly 8,700 students through the 2026 American Bankers Association (ABA) Foundation's Teach Children to Save financial education movement.
MEMPHIS, Tenn., May 14, 2026 /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") today announced it has earned a spot on the VETS Indexes Employer Awards list.
A month has gone by since the last earnings report for First Horizon National (FHN - Free Report) . Shares have lost about 1.1% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is First Horizon due for a breakout? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent drivers for First Horizon Corporation before we dive into how investors and analysts have reacted as of late.
First Horizon Q1 Earnings Beat Estimates on Higher NII & Fee IncomeFirst Horizon posted first-quarter 2026 earnings per share of 53 cents, surpassing the Zacks Consensus Estimate of 49 cents. This compares favorably with 42 cents in the year-ago quarter.
Results benefited from higher net interest income (NII) and a rise in non-interest income, along with improved credit quality. However, the rise in expenses remains a headwind.
Net income available to its common shareholders was $257 million, up 21% year over year.
Revenues & Expenses Rise
Total quarterly revenues were $862 million, which increased 6% year over year. The top line missed the Zacks Consensus Estimate of $866 million.
NII increased 6% year over year to $667 million. Additionally, the net interest margin expanded 10 basis points from the prior-year quarter to 3.52%.
Non-interest income was $195 million, rising 7% year over year. Growth was driven by higher service charges and fees, mortgage banking revenues, brokerage, trust and insurance income, and fixed income revenues.
Non-interest expenses increased 4% year over year to $505 million. The rise was mainly due to higher salaries and benefits, occupancy and equipment costs, and outside services expenses.
The efficiency ratio was 58.54%, down from 60.06% in the same quarter last year. A decline in the efficiency ratio indicates improved profitability.
Loans & Deposits Balances Increase
Average loans and leases were $63.2 billion, rising 3% year over year.
Average deposits were $66.2 billion, which increased 3% year over year.
Credit Quality: Mixed Bag
Non-performing loans and leases totaled roughly $606 million, slightly lower than the prior-year quarter.
The allowance for credit losses to loans and leases ratio was 1.28%, down from 1.45% in the year-ago quarter.
Net charge-offs were $29 million, relatively stable year over year. Provision for credit losses was $15 million compared with $40 million in the year-ago quarter.
Capital Ratios Deteriorate
The common equity tier 1 (CET1) ratio was 10.5%, down from 10.9% in the year-ago quarter.
The total capital ratio was 13.7%, down from 14.1% a year ago. The tier 1 leverage ratio improved slightly to 10.6% from 10.5% in the prior-year quarter.
Notably, the company repurchased $233 million worth of shares during the quarter.
2026 OutlookAdjusted revenues are expected to rise 3-7% from the $3.42 billion reported in 2025.
Adjusted non-interest expenses are expected to remain flat compared with the $2.05 billion reported in 2024.
The net charge-off ratio is anticipated to be 0.15-0.25% bps compared with the 2025 reported figure of 0.19%, reflecting continued strong credit performance.
The CET1 ratio is now expected to remain around the 10.5% level, compared with its prior expectation of a 10.5–10.75% range.
The effective tax rate is forecast to be 21-23%.
How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a flat trend in estimates review.
VGM ScoresCurrently, First Horizon has a poor Growth Score of F, however its Momentum Score is doing a bit better with a D. However, the stock has a grade of B on the value side, putting it in the second quintile for value investors.
Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook First Horizon has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
, /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") and First Horizon Coliseum are proud to announce a bold new shareable fan experience and photo opportunity designed to capture the excitement of Coliseum guests attending live events at the storied regional venue.
First Horizon Coliseum - Greensboro, NC A custom-built, 10-foot-long replica event ticket display will be installed this week, at the main entrance ramp on the south end of the Coliseum. Designed to resemble a classic admission ticket, the oversized event ticket features a lighted marquee-style center panel with interchangeable lettering that will highlight Coliseum events.
"By sponsoring this experience, First Horizon is playing a role in creating connections that make this dynamic region a vibrant place to live and work," said Laura Bunn, Executive Vice President and Mid-Atlantic Regional President for First Horizon. "Our investment in the Coliseum reflects our commitment to the community by supporting local venues that bring people together."
The front of the illuminated sign features the "Memories on the Horizon" tagline and the reverse side, visible after exiting the Coliseum, includes "Thank You for Visiting!" and "Come back and make more memories with us," messages, encouraging guests to snap a final photo on their way out. Its placement ensures high visibility for guests attending the venue's wide variety of live events.
"This installation is a bold, fun reminder of what makes the Triad and the Coliseum so special to our region," said Todd Williams, Triad Market President for First Horizon Bank. "First Horizon is proud to be part of so many memorable experiences that bring our community together and enrich the lives of the people who live here."
"This addition not only enhances our main entrance but creates a natural gathering point for guests," said Scott Johnson, General Manager of the Coliseum for Oak View Group. "People want to document experiences in a way that feels unique. This display gives them a built-in moment to celebrate—whether it's their first concert, a big game or a graduation."
The display was designed by Greensboro Complex graphic designer Jack Wilson and fabricated by Signage Industries of Greensboro, N.C.
About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
, /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced Chief Financial Officer Hope Dmuchowski will participate in the Morgan Stanley U.S. Financials Conference on June 10, 2026, at 8:15 am ET.
A live webcast of the event along with an audio replay will be available via the events and presentations section of the First Horizon Investor Relations website at https://ir.firsthorizon.com/events-and-presentations/default.aspx.
The presentation and any related materials may contain forward-looking statements, including guidance, involving significant risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements, including those factors described in FHN's recent 10-K, 10-Q, 8-K, and other reports and filings with the SEC. FHN disclaims any obligation to update any such forward-looking statements or to publicly announce the result of any revisions to any of the forward-looking statements to reflect future events or developments.
About First Horizon
First Horizon Corporation (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
