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. This prestigious award is presented by Forbes and Statista Inc., the leading statistics portal and industry ranking provider. The award list was announced on July 23rd, 2024, and can be viewed on the Forbes website. America's Best Employers for Women were identified in an independent survey from a vast sample of over 150,000 wome ...

Securities registered pursuant to Section 12(b) of the Act: 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 June 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 Numb ...

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. First Horizon Renews commitment to The University of Tennessee First Horizon Bank is a longtime supporter of the University and signed its first agreement with the University of Tennessee Athletics ...

"Our 2024 capital stress test results in a minimum Common Equity Tier 1 capital ratio of 9.5% which is 500 bps over the required regulatory minimum," said Chief Financial Officer Hope Dmuchowski. "That buffer is driven by FHN's diversified loan portfolio, countercyclical businesses, and strong risk culture that enables the bank to support clients as well as pursue opportunistic relationships through economic cycles." These results include a $0.15 quarterly common stock dividend throughout the nine-quarter s ...

"First Horizon is honored to be recognized as a top performing company in America," said Bryan Jordan, Chairman, President and CEO of First Horizon. "This achievement recognizes the dedication of our team and our unwavering commitment to our associates, clients, communities and shareholders." First Horizon Corp. (NYSE: FHN), with $82.2 billion in assets as of June 30, 2024, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potent ...

Cash dividends were also declared on the Company's Series C, Series E and Series F Preferred Stock, and on First Horizon Bank's Class A Non-Cumulative Perpetual Preferred Stock, as follows: Quarterly cash dividend of $165.00 per share on FHN's 6.60% Fixed to Floating Non-Cumulative Perpetual Preferred Stock, Series C ("Series C Preferred Stock"). This equates to a cash dividend of $0.4125 per Depositary Share (NYSE: FHN PRC), which each represent a 1/400th interest in a share of the Series C Preferred Stock ...

The Outlook I 40 Antary H I 1 I A Slight Miss In Q2, With Weaker Guidance For The Second Half Non-performing loan balances continue to track higher (up 43% yoy and 14% qoq), with the non-performing loan ratio up another 9bp qoq to 0.91%. Charge-offs are more stable, with 0.22% this quarter versus 0.16% a year ago and 0.27% in the prior quarter. I'm not overly concerned about credit at this point. None of First Horizon's ratios seem far out of line with peers, and it is to be expected that non-performing loa ...

The efficiency ratio was 61.44%, up from the year-ago period's 53.89%. A rise in the efficiency ratio indicates a fall in profitability. WaFd, Inc.'s (WAFD) third-quarter fiscal 2024 (ended Jun 30) adjusted earnings of 76 cents per share handily surpassed the Zacks Consensus Estimate of 59 cents. Also, the bottom line rose 4.1% sequentially. Net income available to its common shareholders was $184 million, down 42% year over year. Capital Ratios Improve Shares of First Horizon Corporation (FHN) lost 5.8% fo ...

($s in millions) 2Q24 1Q24 2Q24 vs. 1Q24 2Q24 1Q24 2Q24 vs. 1Q24 Total Loans (GAAP) $ 62,781 $ 61,753 $ 1,028 2 % $ 62,029 $ 61,152 $ 876 1 % Total Loans excl. LMC (Non-GAAP) 59,847 59,387 460 1 % 59,589 59,305 284 — % 27 (a) Adjusted for notable items as detailed on page 24 (b) Includes goodwill and other intangible assets, net of amortization. Numbers may not foot due to rounding Reconciliation to GAAP financials Period-end Average 8 Deposits trending in line with the industry1 while DDA remains stable 9 ...

Susan Springfield Thank you. And then my follow-up, can you provide more color on the increase in outside services attributed in the press release? This is tied to deposit marketing campaigns and third-party services for strategic investments. I guess how much of the 10 million increase you saw sequentially is sticky versus one-time in nature? Thank you. Anthony Elian Thank you, Anthony. Ebrahim Poonawala Bryan Jordan Got it. And I guess the other side of the other counter-cyclical business around mortgage ...