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First Horizon(FHN) - 2024 Q3 - Quarterly Report
2024-11-07 21:39
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ FORM 10-Q _____________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-15185 ____________________________________ (Exac ...
Jaime Dunn Received Memphis Business Journal's HR Impact Award
Prnewswire· 2024-10-30 14:00
Core Points - First Horizon Corp. announced that Jaime Dunn, Director of Executive Compensation & Equity Administration, won the Memphis Business Journal's 2024 HR Impact Award in the public company category, recognizing her significant contributions to the workplace [1][2] - Dunn is acknowledged for her leadership at First Horizon and her community involvement, particularly in financial literacy education for underserved children and support for local artists and businesses [3] Company Overview - First Horizon Corp. has $82.6 billion in assets as of September 30, 2024, and operates as a leading regional financial services company headquartered in Memphis, TN [4] - The company provides a wide range of services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [4] - First Horizon has received recognition as one of the nation's best employers by Fortune and Forbes magazines and is listed as a Top 10 Most Reputable U.S. Bank [4]
First Horizon Welcomes Lang Wiseman to the Company
Prnewswire· 2024-10-22 14:05
Core Insights - First Horizon Corporation has appointed Lang Wiseman as Deputy General Counsel, effective November 1, 2024, transitioning to General Counsel on January 1, 2025, succeeding Charles Tuggle who will retire in 2025 after 16 years of service [1][2] Company Overview - First Horizon Corporation, as of September 30, 2024, has $82.6 billion in assets and operates as a leading regional financial services company headquartered in Memphis, TN, with operations in 12 states across the southern U.S. [4] - The company offers a range of services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [4] - First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and is listed as a Top 10 Most Reputable U.S. Bank [4] Leadership Transition - Lang Wiseman brings extensive experience from his previous role at Baker Donelson Bearman Caldwell & Berkowitz, P.C., where he represented clients across various sectors, equipping him with insights into regulatory challenges and strategic litigation [1][2] - Bryan Jordan, President, Chairman, and CEO of First Horizon, expressed confidence in Wiseman's strategic mindset as crucial for navigating the dynamic political and regulatory environment [2] - Charles Tuggle's contributions to the company's growth and success were acknowledged, highlighting his leadership of the legal team and support across the organization [2] Professional Background of Lang Wiseman - Wiseman's academic background includes a basketball scholarship at the University of Tennessee and graduation from Harvard Law School [2] - His professional experience includes serving as Deputy Governor and Chief Counsel under Governor Bill Lee from 2019 to 2021, and he has held various prestigious roles including counsel to the U.S. Senate Governmental Affairs Committee [2][3] - Wiseman is actively involved in civic and nonprofit leadership roles, including serving as Chairman of the Governor's Council for Judicial Appointments and on the University of Tennessee Board of Trustees [3]
First Horizon Corporation to Participate at the BancAnalysts Association of Boston Conference
Prnewswire· 2024-10-21 20:15
Group 1 - First Horizon Corporation will have CFO Hope Dmuchowski and COO Tammy LoCascio participate in the BancAnalysts Association of Boston Conference on November 7, 2024, at 1:30 pm ET [1] - A live webcast and audio replay of the conference will be available on the First Horizon Investor Relations website [1] Group 2 - As of September 30, 2024, First Horizon Corporation has $82.6 billion in assets [3] - The company operates in 12 states across the southern U.S. and offers a range of financial services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [3] - First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and is listed as a Top 10 Most Reputable U.S. Bank [3]
Susan Springfield Named one of Memphis Business Journal's Women Who Lead
Prnewswire· 2024-10-21 18:00
MEMPHIS, Tenn., Oct. 21, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") is pleased to announce that Susan Springfield was named one of Memphis Business Journal's Women Who Lead, a special feature recognizing women in leadership roles in public and private companies.With more than 30 years of experience in the financial services industry, Springfield was recognized as First Horizon's Chief Credit Officer. As she reflected on her career and upcoming retirement, she reported that one o ...
First Horizon: Solid Q3 Results Leave Shares With More Upside Potential
Seeking Alpha· 2024-10-19 09:46
Shares of First Horizon (NYSE: FHN ) have been a strong performer over the past year, gaining over 66% as the company has recovered strongly from the early 2023 regional banking crisis. I last covered First Horizon in Over fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know! Analyst's Disclosu ...
First Horizon Stock Up on Q3 Earnings Beat, NII & Fee Income Rise Y/Y
ZACKS· 2024-10-17 12:55
Shares of First Horizon Corporation (FHN) gained more than 4% following the release of its better-thanexpected third-quarter 2024 results. The company's third-quarter adjusted earnings per share (excluding notable items) of 42 cents surpassed the Zacks Consensus Estimate of 38 cents. Moreover, the figure increased 55.6% year over year. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Results benefited from a rise in net interest income (NII) and non-interest income. Also, an increas ...
Here's What Key Metrics Tell Us About First Horizon (FHN) Q3 Earnings
ZACKS· 2024-10-16 14:30
For the quarter ended September 2024, First Horizon National (FHN) reported revenue of $828 million, up 6.4% over the same period last year. EPS came in at $0.42, compared to $0.27 in the year-ago quarter. The reported revenue represents a surprise of +0.78% over the Zacks Consensus Estimate of $821.63 million. With the consensus EPS estimate being $0.38, the EPS surprise was +10.53%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...
First Horizon National (FHN) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-16 12:51
First Horizon National (FHN) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10.53%. A quarter ago, it was expected that this bank holding company would post earnings of $0.37 per share when it actually produced earnings of $0.36, delivering a surprise of -2.70%. Over the last four q ...
First Horizon (FHN) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2024-10-11 14:20
Wall Street analysts forecast that First Horizon National (FHN) will report quarterly earnings of $0.38 per share in its upcoming release, pointing to a year-over-year increase of 40.7%. It is anticipated that revenues will amount to $821.63 million, exhibiting an increase of 5.6% compared to the year-ago quarter. Over the last 30 days, there has been a downward revision of 0.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reco ...