First Horizon National

First Horizon Corp. (Tennessee) operates as a financial holding company, which engages in the provision of checking accounts, savings products, mortgage banking, lending, and financing to individuals and businesses. It operates the business through three segments: Regional Banking, Specialty Banking, and Corporate. The Regional Banking segment offers financial products and services, including traditional lending and deposit taking, to retail and commercial customers. The Specialty Banking segment consists of lines of business that deliver product offerings and services with specialized industry knowledge. The Corporate segment focuses on corporate support functions such as risk management, audit, accounting, finance, executive office, and corporate communications. The company was founded by Frank S. Davis in 1864 and is headquartered in Memphis, TN.

Earnings data Q1 2021

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First Horizon National (FHN) reports solid Q2 performance and eyes growth opportunities

First Horizon National (FHN) delivered strong financial results in Q2 2023, supported by robust credit performance and a strengthened capital position.
While facing competitive pressures and interest rate challenges, the bank remains focused on deepening client relationships and seizing growth opportunities.
Management's prudent approach to risk management and commitment to operational efficiency position First Horizon National (FHN) for sustainable growth and profitability.

First Horizon National reports solid Q3 performance amidst growth opportunities

First Horizon National delivered solid financial performance in Q3 2023, with growth in deposits and loans, stable fee income, and a strong capital position. The company faces challenges related to charge-offs and criticized assets but remains focused on maintaining operational efficiency. Opportunities lie in sustainable loan growth and strategic capital deployment.

First Horizon National reports stable Q4 performance amidst industry challenges

First Horizon National's Q4 performance showcased stability in key financial metrics, despite challenges in loan growth and nonperforming assets.
The company's focus on disciplined credit management and client communication positions it well for stable credit quality and growth opportunities.
Anticipated technology investments and industry consolidation present challenges and opportunities for First Horizon's strategic direction and financial performance.

First Horizon National reports strong Q1 earnings and eyes growth

First Horizon National's Q1 2024 earnings call highlighted robust financial performance, strategic balance sheet planning, and proactive credit management. Despite facing challenges such as increased nonperforming loans and additional expenses, the company remains optimistic about future growth opportunities through buyback activities and organic expansion.

First Horizon National reports robust Q2 earnings and strategic investments

First Horizon National's Q2 2024 earnings call showcased strong financial performance, highlighting adjusted EPS of $0.36 per share and a 12% adjusted return on tangible common equity. The company emphasized stable revenue streams, growth in its loan portfolio, and strategic investments in technology.

First Horizon National reports solid Q3 performance amidst challenges

First Horizon National delivered a solid performance in Q3 2024, with improved EPS and strong deposit growth.
While facing challenges such as margin compression and mortgage performance, the company maintained a focus on expense discipline.
Opportunities lie in revenue growth, leveraging deposit and fee revenue, and enhancing technology capabilities for future success.

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First Horizon National Corporation's (FHN) CEO Bryan Jordan on Q2 2020 Results - Earnings Call Transcript

First Horizon (FHN) delivered earnings and revenue surprises of -4.76% and 7.14%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

First Horizon National (FHN) Lags Q2 Earnings Estimates

Shares of First Horizon National (NYSE:FHN) rose 0.5% in pre-market trading after the company reported Q2 results.

Recap: First Horizon National Q2 Earnings

Results reflect additional CECL-related reserve build of $93 million, or $0.23 per share driven by COVID-19 impact

First Horizon National Corp. Reports Second Quarter EPS of $0.17 with Adjusted EPS of $0.20**

MEMPHIS, Tenn., July  06, 2020  (GLOBE NEWSWIRE) -- First Horizon National Corp.'s (NYSE:FHN) board of directors has authorized payment of the semi-annual cash dividend of $331.25 per share on First Horizon’s 6.625% Fixed to Floating Non-Cumulative Perpetual Preferred Stock, Series B ("Series B Preferred Stock"). This equates to a cash dividend of $0.828125 per Depositary Share (NYSE:FHN PRB), which each represent a 1/400th interest in a share of the Series B Preferred Stock. The dividend is payable August 3, 2020 to shareholders of record on July 17, 2020.

First Horizon Declares Dividends on Series B and Series C Preferred Stock

IBERIABANK

First Horizon's (FHN) all-stock merger of equals with IBERIABANK reflects the companies' impressive business-expansion efforts into the Southern market.

First Horizon (FHN) & IBERIABANK Conclude Merger of Equals

First Horizon National Corp.: Their New Preferred Stock IPO Is Simply Better Than Their Previously Issued

First Horizon's (FHN) solid loan growth over the years and acquisitions give it a strong footing. However, declining net interest margin and mounting expenses are concerns.

Here's Why You Should Hold On to First Horizon Stock Now

The merged company will be a top bank in the Southern U.S.

First Horizon National Gets Fed Approval to Buy IberiaBank; Stock Rises

Regulatory nod awarded to First Horizon's (FHN) all-stock merger of equals with IBERIABANK (IBKC), which reflects the companies' impressive business-expansion efforts into the Southern market.

First Horizon (FHN) & IBERIABANK Merger Gets Regulatory Nod

Customers can continue to bank through current brands until system conversion Customers can continue to bank through current brands until system conversion

First Horizon National Corporation and IBERIABANK Corporation Receive Regulatory Approvals for Merger of Equals

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MEMPHIS, Tenn., May  21, 2020  (GLOBE NEWSWIRE) -- First Horizon National Corp. (NYSE:FHN) has been named one of the 2020 Best Companies for Multicultural Women by Working Mother magazine—an honor recognizing companies that create and use best practices in hiring, retaining, and promoting multicultural women in the United States.

First Horizon Named One of the 2020 Best Companies for Multicultural Women

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

First Horizon (FHN) Up 11.6% Since Last Earnings Report: Can It Continue?

MEMPHIS, Tenn., May  08, 2020  (GLOBE NEWSWIRE) -- First Horizon National Corp. (NYSE:FHN) today announced that First Horizon Bank has helped more than 13,000 small businesses secure loans totaling approximately $2.1 billion through the Small Business Administration’s (SBA) Paycheck Protection Program (PPP). These PPP loans will help sustain nearly 300,000 jobs at businesses in communities across its network. In addition, approximately 22% of the loans secured went to women-owned, minority-owned and low- to moderate-income tract designated businesses. 

First Horizon National Corp. Provides an Update on Small Business Administration’s Paycheck Protection Program

MEMPHIS, Tenn., April  29, 2020  (GLOBE NEWSWIRE) -- First Horizon National Corp.'s (NYSE:FHN) board of directors has approved payment of a quarterly cash dividend on its common stock of $0.15 per share. The dividend is payable July 1, 2020 to the common shareholders of record on June 12, 2020.

First Horizon Declares Quarterly Dividends

MEMPHIS, Tenn., April  27, 2020  (GLOBE NEWSWIRE) -- First Horizon Bank, a subsidiary of First Horizon National Corporation (NYSE: FHN), announced today the completion of its sale of $450 million aggregate principal amount of 5.750% Subordinated Notes due 2030 (the “Subordinated Notes”). This transaction marks First Horizon’s first debt offering since 2015 and the first subordinated debt offering since 2006.

First Horizon Bank Announces Completion of $450 Million Subordinated Notes Sale

MEMPHIS, Tenn., April  24, 2020  (GLOBE NEWSWIRE) -- First Horizon National Corp. ("First Horizon") (NYSE: FHN) today announced receipt of shareholder approval for its previously announced all-stock merger of equals with IBERIABANK Corporation (“IBERIABANK”). The shareholders of each company approved the merger at special meetings held on April 24, 2020. Upon completion of the transaction, the combined company will be one of the largest financial services companies headquartered in the South and one of the top 25 banks in the U.S. in deposits. The companies expect the merger to close in the second quarter of 2020, subject to satisfaction of customary closing conditions, including receipt of regulatory approvals.

First Horizon National Corporation Receives Shareholder Approval for Merger of Equals

First Horizon's (FHN) first-quarter 2020 results reflect deposit growth and higher revenues. However, escalating expenses and higher provisions for loan remain concerning.

First Horizon (FHN) Stock Down 3.6% on Q1 Earnings Miss

First Horizon National Corporation (FHN) CEO Bryan Jordan on Q1 2020 Results - Earnings Call Transcript

First Horizon (FHN) delivered earnings and revenue surprises of -77.27% and 0.78%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

First Horizon National (FHN) Q1 Earnings Miss Estimates

Shares of First Horizon National (NYSE:FHN) fell 0.8% in pre-market trading after the company reported Q1 results.

First Horizon National: Q1 Earnings Insights

First Horizon (FHN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

First Horizon National (FHN) Earnings Expected to Grow: What to Know Ahead of Q1 Release

MEMPHIS, Tenn., April  07, 2020  (GLOBE NEWSWIRE) -- First Horizon National Corp. (NYSE:FHN) announced today that due to the emerging public health impact of COVID-19, and to protect the health and well-being of its shareholders and employees, it will conduct both its Special and Annual Meetings of Shareholders in a virtual format.

First Horizon National Corp. Moves Special and Annual Meetings of Shareholders to Virtual Format

MEMPHIS, Tenn., March  31, 2020  (GLOBE NEWSWIRE) -- First Horizon Foundation announced today that it is donating $2.5 million in support of COVID-19 emergency relief efforts to nonprofit organizations throughout its footprint. The funding will be distributed to select organizations that provide meal, educational and emergency assistance relief in Florida, North Carolina, South Carolina, Tennessee, and Texas.

News for First Horizon National Stock (FHN)