MEMPHIS, Tenn., June 18, 2025 /PRNewswire/ -- First Horizon Corporation (NYSE:FHN) plans to announce second quarter financial results on July 16, 2025. 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 16, 2025 at 9:30 am (ET)/8:30 am (CT) Webcast/Presentation: A live webcast will be available a ...

MIAMI, June 17, 2025 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. (OTCQX: SPFX) (Standard Premium), a leading specialty finance company, today announced an increase to its revolving line of credit with First Horizon Bank (NYSE:FHN), a leading regional bank operating in 12 states across the southern U.S. The amendment raises Standard Premium’s borrowing capacity from $45 million to $50 million, supporting the Company’s strategic growth trajectory. “Standard Premium has consistently demonstrate ...

Core Viewpoint - First Horizon Corporation's credit ratings outlook has been upgraded to positive by Moody's, reflecting improvements in its regional banking franchise and deposit quality [1][9]. Group 1: Ratings and Outlook - Moody's upgraded First Horizon's long-term issuer rating and senior unsecured notes, affirming its Baa3 long-term issuer rating [1]. - The positive outlook is attributed to First Horizon's strengthening regional banking franchise in the Southeast and effective risk management [2][6]. - Moody's expects ongoing improvements in asset quality and funding despite uncertain economic conditions [2]. Group 2: Financial Performance - First Horizon has demonstrated consistent performance with decent asset quality, strong capitalization, and adequate liquidity [3]. - The bank's tangible common equity (TCE) ratio is 10.6% and the CET1 ratio is 10.9% as of March 2025, both within or slightly above target ranges [5]. - Profitability is recovering, supported by specialty lending and effective deposit pricing management, although fee income remains volatile [5][9]. Group 3: Risk Management and Future Prospects - Moody's noted that an upgrade is likely if First Horizon continues prudent risk management and improves deposit quality [7]. - The bank's deposit franchise has shown resilience, particularly after the collapse of its planned merger with Toronto-Dominion Bank [4]. - Ongoing improvements in capital, asset quality, and funding diversification support the positive outlook [6]. Group 4: Market Performance - Over the past year, First Horizon's shares have increased by 36.5%, outperforming the industry's growth of 24.4% [8].

First Horizon (FHN) 2025 Conference June 11, 2025 11:25 AM ET Speaker0 All right. Up next we have First Horizon. I'll get my usual disclosure out of the way. For important disclosures, please see the Morgan Stanley research disclosure website at morganstanley.com/researchdisclosures. The taking of photographs and use of recording devices is not allowed. If you have any questions, please reach out to your Morgan Stanley sales representative. With that, we're delighted to have with us today Brian Jordan, Chai ...

Group 1: Zacks Premium Overview - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1] Group 2: Zacks Style Scores - Zacks Style Scores are indicators designed to help investors select stocks with the highest potential to outperform the market within 30 days, rated from A to F based on value, growth, and momentum [2] - The Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] Group 3: Value Score - The Value Score identifies attractive and discounted stocks using ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow, appealing to value investors [3] Group 4: Growth Score - The Growth Score evaluates stocks based on projected and historical earnings, sales, and cash flow, targeting growth investors interested in sustainable long-term growth [4] Group 5: Momentum Score - The Momentum Score assists investors in capitalizing on price trends by analyzing one-week price changes and monthly earnings estimate changes [5] Group 6: VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who utilize multiple investment strategies [6] Group 7: Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [7][8] Group 8: Stock Analysis - First Horizon National (FHN) - First Horizon Corporation, based in Memphis, TN, offers diversified financial services through its subsidiary First Horizon Bank, including regional banking, mortgage lending, and wealth management [11] - FHN holds a 3 (Hold) Zacks Rank with a VGM Score of B, and a Momentum Style Score of B, having increased by 11.7% over the past four weeks [12] - Analysts have revised FHN's earnings estimate higher for fiscal 2025, with the Zacks Consensus Estimate rising by $0.04 to $1.71 per share, and an average earnings surprise of 6.5% [12]

Core Insights - First Horizon Corporation has achieved a record participation in the Teach Children to Save program, educating 8,900 students in financial literacy [1][3] - The initiative is part of a 15-year partnership with the American Bankers Association Foundation, emphasizing the importance of financial education in schools [3] - The program aims to fill knowledge gaps in traditional education by teaching essential money management skills such as saving, budgeting, and responsible spending [1][3] Company Overview - First Horizon Corporation, as of March 31, 2025, has $81.5 billion in assets and operates in 12 states across the southern U.S. [5] - The company offers a wide range of financial services including commercial, private banking, consumer, small business, wealth management, and mortgage banking [5] - First Horizon has received recognition as one of the best employers and a top reputable bank in the U.S. by Fortune and Forbes magazines [5]

SARASOTA, Fla., May 15, 2025 /PRNewswire/ -- 1000 NORTH Sarasota is proud to announce it has selected First Horizon Bank (NYSE: FHN), a leading financial institution with a deep commitment to Florida's growth and community development, as its financing partner for the development of a new dining club and wine attic lounge concept. This important milestone advances the construction of Sarasota's most anticipated private dining club, set to open in late 2025."As a community-focused bank, we are thrilled to be ...

Financial Performance - Net income for Q1 2025 rose to $222 million, up 12.7% from $197 million in Q1 2024[26]. - Basic and diluted earnings per common share increased to $0.41 in Q1 2025, compared to $0.33 in Q1 2024, representing a 24.2% increase[24]. - Comprehensive income for Q1 2025 was $367 million, significantly higher than $114 million in Q1 2024[26]. - Total revenues for the consolidated entity were $812 million in Q1 2025, compared to $819 million in Q1 2024, reflecting a decrease of approximately 0.9%[176]. - Net income for the consolidated entity was $222 million in Q1 2025, compared to $197 million in Q1 2024, showing an increase of approximately 12.7%[176]. Asset and Liability Management - Total assets decreased to $81,491 million as of March 31, 2025, from $82,152 million at the end of 2024, representing a decline of 0.8%[21]. - Total deposits decreased to $64,208 million, a decline of 2.1% from $65,581 million[21]. - Total equity decreased to $9,044 million from $9,111 million, a decline of 0.7%[21]. - Cash and cash equivalents at the end of the period rose to $1,643 million from $1,566 million year-over-year[34]. - The total balance of pension and post-retirement plans as of March 31, 2025, was $(983) million, a decrease from $(1,271) million as of March 31, 2024[160]. Loan and Lease Performance - Net loans and leases amounted to $61,393 million, down from $61,750 million, indicating a decrease of 0.6%[21]. - The total amortized cost basis of loans and leases was $62,215 million as of March 31, 2025, a decrease from $62,565 million as of December 31, 2024[61]. - The provision for loan and lease losses for the three months ended March 31, 2025, was $36 million, compared to $54 million for the same period in 2024[112]. - The total charge-offs for the three months ended March 31, 2025, amounted to $41 million, while recoveries were $12 million, resulting in a net charge-off of $29 million[112]. - The company modified loans for troubled borrowers, including interest rate reductions and maturity date extensions, to align with their repayment capabilities[90]. Income and Expense Analysis - Total interest income for Q1 2025 was $1,014 million, a decrease of 5.5% from $1,073 million in Q1 2024[23]. - Net interest income after provision for credit losses increased to $591 million in Q1 2025, compared to $575 million in Q1 2024, reflecting a 2.8% growth[23]. - Total noninterest income decreased to $181 million in Q1 2025, down 6.7% from $194 million in Q1 2024[23]. - Total noninterest expense decreased to $487 million in Q1 2025, a reduction of 5.4% from $515 million in Q1 2024[23]. - The provision for credit losses was $40 million in Q1 2025, compared to $50 million in Q1 2024, indicating a decrease of 20%[176]. Capital and Equity Management - The allowance for loan and lease losses increased to $822 million, up from $815 million, reflecting a rise of 0.9%[21]. - Retained earnings increased to $4,517 million, up from $4,382 million, showing a growth of 3.1%[21]. - Preferred stock issued remained at 16,750 shares, with a total value of $426 million[21]. - The company reported a total of $438 million in non-cumulative perpetual preferred stock as of March 31, 2025, slightly up from $426 million at the end of 2024[133]. - The Class A Preferred Stock recognized as noncontrolling interest on the Consolidated Balance Sheets was $295 million as of March 31, 2025, consistent with the previous reporting period[135]. Market and Economic Conditions - The company is focused on enhancing its capital position through non-GAAP measures such as tangible common equity to tangible assets[17]. - Future strategies include adapting products and services to meet changing industry standards and client preferences[13]. - The company utilized multiple macroeconomic scenarios to estimate credit losses, with a focus on the Moody's baseline scenario as the base case[110]. - The allowance for credit losses (ACL) increased to $905 million as of March 31, 2025, up from $866 million as of March 31, 2024, reflecting concerns over potential economic instability[112]. - The company plans to continue utilizing FICO scores and other attributes to assess credit quality, enhancing risk management strategies moving forward[71].

First Horizon to serve as presenting sponsor of tournament Pro-Am and Pairings PartyMEMPHIS, Tenn., May 6, 2025 /PRNewswire/ -- First Horizon Bank (NYSE: FHN) and tournament officials announced today that First Horizon Bank has been named as Official Financial Services sponsor of the 2025 FedEx St. Jude Championship at TPC Southwind, August 6-10, 2025, and will also serve as presenting sponsor of the tournament's Pairings Party and Championship Pro-Am on Wednesday, August 6, 2025. Courtesy of the FedEx ...

Core Points - First Horizon Bank has entered a multi-year naming rights partnership with the North Carolina Courage, resulting in the stadium being named First Horizon Stadium [1][3] - The partnership aims to enhance community engagement and promote women's soccer while reinforcing Cary's reputation as a premier destination for sporting events [3][4] Company Overview - First Horizon Corp. has $81.5 billion in assets as of March 31, 2025, and operates in 12 states across the southern U.S., offering a wide range of financial services [6] - The bank has been recognized as one of the nation's best employers and a Top 10 Most Reputable U.S. Bank [6] Sports Team Overview - The North Carolina Courage is competing in its ninth season in 2025 and is the winningest club in NWSL history, with seven league trophies [7] - The team plays home matches at First Horizon Stadium, which is part of WakeMed Soccer Park [7][10] Community Impact - The partnership between First Horizon Bank, the NC Courage, and the Town of Cary emphasizes shared values of leadership, innovation, and community impact [3][4] - Cary is recognized for its safe neighborhoods and extensive parks, making it a desirable place for residents and visitors [9]