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MEMPHIS, Tenn. , Aug. 20, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") announced the establishment of the First Horizon Bank Endowed Scholarship at LeMoyne-Owen College.
NASHVILLE, Tenn., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Thnks , the first on-demand gratitude expression platform for enterprises, SMBs, and individual contributors, today announced the finalists for its annual 2024 Thnks Gratitude in Business Awards™ program.
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, First Horizon Management, LLC, to Honor Health Care Network. The acquisition closed June 28, 2024. Located in Indianapolis, Indiana, First Horizon Management was established in 2017, offering both skilled and unskilled home health care services as well as operating a Certified Nursing Assistant School. The company has disting.
MEMPHIS, Tenn. , Aug. 6, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") has been named to the Forbes' list of America's Best Employers for Women 2024.
Official Bank of the VOLS MEMPHIS, Tenn. , Aug. 1, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") is proud to announce that First Horizon Bank has renewed its commitment to the University of Tennessee and signed a 5-year agreement as a Corporate Champion and the Official Bank of the VOLS.
MEMPHIS, Tenn. , July 30, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) ("First Horizon" or "the Company") announced today its 2024 Company-run capital stress test results.
MEMPHIS, Tenn. , July 23, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or the "Company") today announced that its board of directors had declared a quarterly cash dividend of $0.15 per share on FHN's common stock.
First Horizon has been challenged over the past year not only by higher deposit costs and weakening loan demand, but also the need to regrow deposits after Toronto-Dominion walked away. Q2 earnings missed expectations by a marginal amount, but the Street didn't like the weaker net interest income guide, as "higher for longer" continues to hit First Horizon's profitability. There are concerns that FHN has been caught by competitors and is underperforming its core markets, but I believe the post-deal rebuild has been masking the true long-term growth potential.
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First Horizon's (FHN) second-quarter earnings lag estimates, given a fall in NII and non-interest income alongside higher provisions. Nevertheless, lower expenses and a rise in loans remain positives.