Regional Banks - FHN & CFG - Poised for Solid Performance in 2025

With 2024 ending in two weeks, investors are concerned about how the changing operating environment will affect banks in 2025. In sync with this, two regional banks -- First Horizon Corp. (FHN) and Citizens Financial Group (CFG) – issued upbeat 2025 expectations at the Goldman Sachs 2024 U.S. Financial Services Conference yesterday.Before discussing the banks’ guidance, let’s briefly examine what the operating environment will be like. The Federal Reserve has started lowering interest rates and this is expe ...