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First Horizon Announces New Leadership in Louisiana, Texas and Georgia
Prnewswire· 2026-01-07 14:44
MEMPHIS, Tenn., Jan. 7, 2026 /PRNewswire/ -- First Horizon (NYSE: FHN or "First Horizon") today announced several leadership promotions that underscore the company's commitment to serving clients through local expertise. Tony Adams, New Orleans Market President, has been named Gulf States Regional President, responsible for driving strategic client opportunities across the state of Louisiana. Since joining the company in 2001, Adams has played a significant role in developing long-term client relationships ...
Best Income Stocks to Buy for Dec. 17
ZACKS· 2025-12-17 11:41
Core Insights - Three stocks are highlighted with a buy rank and strong income characteristics for investors to consider on December 17 Group 1: Bank of N.T. Butterfield & Son Limited (NTB) - The company provides a range of community, commercial, and private banking services [1] - The Zacks Consensus Estimate for its current year earnings has increased by 5.1% over the last 60 days [1] - The company has a dividend yield of 3.9%, compared to the industry average of 2.7% [1] Group 2: F&G Annuities & Life, Inc. (FG) - The company specializes in fixed annuities and life insurance products [2] - The Zacks Consensus Estimate for its current year earnings has increased by 15% over the last 60 days [2] - The company has a dividend yield of 2.5%, compared to the industry average of 1.6% [2] Group 3: Bread Financial Holdings, Inc. (BFH) - The company is a tech-forward financial services provider offering payment and lending solutions [3] - The Zacks Consensus Estimate for its current year earnings has increased by 22.2% over the last 60 days [3] - The company has a dividend yield of 1.2%, compared to the industry average of 0.0% [3]
SouthState Named Among America's Best Banks and Employers by Top Industry Rankings
Prnewswire· 2025-12-16 15:00
WINTER HAVEN, Fla., Dec. 16, 2025 /PRNewswire/ -- SouthState Bank has achieved multiple national honors for banking excellence and workplace culture, earning recognition from Money, U.S. News and World Report, Financial Technology Report, and American Banker. Continue Reading SouthState Named Among America's Best Banks and Employers by Top Industry Rankings "We are honored to be recognized among the nation's top banks and workplaces—a testament to SouthState's unwavering commitment to excellence," said Rich ...
First Horizon Corporation to Announce Fourth Quarter and Full Year Financial Results on January 15, 2026
Prnewswire· 2025-12-12 21:15
Core Points - First Horizon Corporation plans to announce its fourth quarter and full year financial results on January 15, 2026 [1] - The company will host a live conference call and webcast presentation on the same day at 9:30 am ET [1] - First Horizon Corporation has $83.2 billion in assets as of September 30, 2025, and operates in 12 states in the southern U.S. [2] Financial Results Announcement - The financial results will be available at ir.firsthorizon.com at approximately 6:30 am ET [1] - A replay of the conference call will be available until midnight CT on January 29, 2026 [1] - The company will provide a live webcast of the presentation, which will be archived on its website for one year [1] Company Overview - First Horizon Corporation is recognized as one of the nation's best employers by Fortune and Forbes magazines [2] - The company offers a wide range of financial services, including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services [2] - The banking subsidiary, First Horizon Bank, is headquartered in Memphis, TN [2]
First Horizon Recognized as a 2025 Forbes Best-In-State Employer for Tennessee
Prnewswire· 2025-12-11 20:30
Core Viewpoint - First Horizon Corporation has been recognized by Forbes as a 2025 Best-in-State Employer for Tennessee, highlighting its commitment to employee satisfaction and organizational culture [1][2]. Company Overview - First Horizon Corporation, with $83.2 billion in assets as of September 30, 2025, is a leading regional financial services company based in Memphis, TN [3]. - The company operates in 12 states primarily in the southern U.S. and offers a wide 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]. Employee Recognition - The recognition as a Best-in-State Employer is based on an independent survey of over 160,000 employees from companies with a minimum of 500 employees in the U.S., ensuring a representative sample of the workforce [2]. - Tanya Hart, Senior Executive Vice President and Chief Human Resources Officer, emphasized that the success of First Horizon is driven by associates who are committed to excellence for clients and communities, reflecting a culture that listens, invests, and empowers employees [3]. Industry Recognition - First Horizon has also been acknowledged 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].
First Horizon Named to Forbes America's Best Employers for Women 2025
Prnewswire· 2025-12-11 17:56
MEMPHIS, Tenn., Dec. 11, 2025 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") announced today that it has been named to the Forbes America's Best Employers for Women 2025 list. Forbes partnered with market research firm Statista to survey more than 140,000 women working at U.S. companies with at least 1,000 employees. Continue Reading First Horizon Named to Forbes America's Best Employers for Women 2025 Survey participants were asked to rate their current employer ...
Is Huntington Bancshares Stock Underperforming the Dow?
Yahoo Finance· 2025-12-11 09:26
Core Viewpoint - Huntington Bancshares Incorporated (HBAN) is a regional financial services company with a market cap of $24.8 billion, offering a range of retail, commercial, and wealth management services primarily in the Midwest [1]. Company Overview - HBAN is classified as a "large-cap" stock due to its valuation exceeding $10 billion, and it has a strong digital presence along with an extensive branch network [2]. Stock Performance - HBAN shares have decreased by 2.6% from their 52-week high of $18.03 and have underperformed the Dow Jones Industrial Average, which rose by 5.6% over the past three months [3]. - Year-to-date, HBAN stock is up 7.9%, lagging behind the Dow's 13% gain, and has increased by 1.9% over the past 52 weeks compared to the Dow's 8.6% return [4]. - The stock has been trading above its 50-day and 200-day moving averages since late November, indicating a recent uptrend [4]. Recent Developments - On December 10, HBAN shares rose over 3% following the announcement of a reduction in its prime rate from 7% to 6.75%, effective December 11, 2025, after a previous cut on October 30 [5]. - In contrast, rival Regions Financial Corporation (RF) has seen a significant improvement of 16.4% in 2025 and 8.1% over the past year, outperforming HBAN [5]. Analyst Sentiment - Despite the stock's underperformance, analysts maintain a moderately optimistic outlook on HBAN, with a consensus rating of "Moderate Buy" from 23 analysts and a mean price target of $19.84, representing a 13% premium to current levels [6].
3 Low-Volatility Stocks We Find Risky
Yahoo Finance· 2025-11-07 18:45
Core Insights - Low-volatility stocks may provide stability but often sacrifice growth potential and upside opportunities of more dynamic companies [1] Group 1: Crocs (CROX) - Crocs is trading at $77.88 per share, with a forward P/E ratio of 6.8x [4] - The company has a rolling one-year beta of 0.46, indicating lower volatility compared to the market [2] Group 2: Huntington Ingalls (HII) - Huntington Ingalls is trading at $307.44 per share, with a forward P/E ratio of 19x [7] - The company has a rolling one-year beta of 0.87, suggesting moderate volatility [5] Group 3: Selective Insurance Group (SIGI) - Selective Insurance Group's stock price is $77.90, with a forward P/B ratio of 1.4x [12] - The company has a rolling one-year beta of 0.30, indicating low volatility [8] - Revenue has declined by 10.4% annually over the last five years, with a forecasted revenue decline of 2.6% for the upcoming 12 months [9][10] - Earnings per share fell by 1.1% annually over the last five years, while revenue grew, indicating less profitable incremental sales [11] - Backlog growth averaged only 4.9% over the past two years, suggesting a need for strategic adjustments [11]
Comfort Systems USA Reports Third Quarter 2025 Results
Businesswire· 2025-10-23 20:09
Core Insights - Comfort Systems USA reported strong financial results for the third quarter of 2025, with net income of $291.6 million, or $8.25 per diluted share, compared to $146.2 million, or $4.09 per diluted share, in the same quarter of 2024 [2][3] - Revenue for the third quarter of 2025 was $2.45 billion, up from $1.81 billion in 2024, indicating significant growth [2][3] - The company achieved operating cash flow of $553.3 million in the current quarter, compared to $302.2 million in 2024, reflecting improved cash generation [2][3] Financial Performance - For the nine months ended September 30, 2025, net income was $691.8 million, or $19.52 per diluted share, compared to $376.6 million, or $10.52 per diluted share, in 2024 [4] - Revenue for the nine months ended September 30, 2025, was $6.46 billion, up from $5.16 billion in 2024 [4] - Operating cash flow for the nine months ended September 30, 2025, was $717.8 million, compared to $638.6 million in 2024 [4] Backlog and Acquisitions - The backlog as of September 30, 2025, was $9.38 billion, an increase from $8.12 billion as of June 30, 2025, and $5.68 billion as of September 30, 2024 [3][4] - The company completed acquisitions of two electrical companies on October 1, 2025, expected to generate over $200 million in incremental annual revenue and $15 to $20 million in incremental annual EBITDA [3][4] Market Outlook - The company expressed optimism for the fourth quarter and 2026, driven by unprecedented demand for its services and a strong backlog [4] - The backlog has increased by $3.4 billion since the beginning of the year, indicating robust growth prospects [4]
SouthState Bank Corporation Reports Third Quarter 2025 Results, Declares Quarterly Cash Dividend
Prnewswire· 2025-10-22 20:05
Core Insights - SouthState Bank Corporation reported a strong third quarter for 2025, with a 30% year-over-year increase in earnings per share, driven by successful integration of Independent Financial and growth in fee income and balance sheet [2][6] Financial Performance - Reported diluted earnings per share (EPS) of $2.42 and adjusted diluted EPS of $2.58, with net income of $246.6 million and adjusted net income of $262.7 million [6] - Return on average common equity was 11.0%, while return on average tangible common equity was 19.6%, and adjusted return on average tangible common equity was 20.8% [6][9] - Revenue for the quarter was $699 million, a 5% increase from the previous quarter, with net interest income of $600 million, up 4% [6][12] - Noninterest income reached $99.1 million, primarily due to increases in correspondent banking and capital markets income [6][13] Balance Sheet Highlights - Total assets amounted to $66.05 billion, with loans increasing by $401 million (3%) and deposits rising by $376 million (3%) [10][11] - The ending loan-to-deposit ratio was 88%, with total loan yield at 6.48%, up 0.15% from the prior quarter [6][12] - The company maintained a strong capital position with tangible common equity ratio of 8.8% and total risk-based capital ratio of 14.0% [6][9] Efficiency and Cost Metrics - The efficiency ratio was reported at 50%, with an adjusted efficiency ratio of 47% [6][9] - Total noninterest expense was $372.3 million, reflecting ongoing costs related to merger and consolidation activities [14]