FHN Stock Recent News

First Horizon National (FHN) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.34 per share a year ago.

First Horizon: 7.5% Dividend Yield For 87 Cents On The Dollar With The Preferreds

First Horizon's (FHN) balance sheet strength and rising NII support financials. However, rising costs, declining mortgage income and an unsound liquidity position are headwinds.

Fintel reports that on June 28, 2023, Goldman Sachs reiterated coverage of First Horizon (NYSE:FHN) with a Neutral recommendation.

MEMPHIS, Tenn. , June 21, 2023 /PRNewswire/ -- First Horizon Corporation (NYSE:FHN) plans to announce second quarter financial results on July 19, 2023.

First Horizon Corp. drew praise from Jefferies analyst Casey Haire for its “pragmatic tone” at its investor day just weeks after the mutual termination of its acquisition by TD Bank.

In early May, a deal to merge with TD Bank fell apart, sending First Horizon stock reeling. Last week, some news about why it may have fallen apart seemed to garner more favorable reaction toward First Horizon.

With First Republic Bank becoming the third regional bank to fail in the last two months and the largest since 2008, is a financial crisis led by the failures of regional banks all but certain. Look into how ETFs with exposure in regional banks are affected.

Toronto-Dominion Bank's handling of "suspicious" customer transactions was behind regulators' refusal to approve the lender's $13.4 billion deal to buy First Horizon , the Wall Street Journal reported on Monday, citing people familiar with the matter.

Shares of First Horizon plunged after it became clear that the company was no longer going to be acquired by TD Bank. The firm will receive payments totaling $225 million, but investors are afraid that it may fall prey to worries over its high uninsured deposits.