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First Horizon Corporation to Participate in the Bank of America 2026 Financial Services Conference
Prnewswire· 2026-01-29 21:21
MEMPHIS, Tenn., Jan. 29, 2026 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced Chairman of the Board, President, and Chief Executive Officer Bryan Jordan and Chief Financial Officer Hope Dmuchowski will participate in the Bank of America 2026 Financial Services Conference on February 11, 2026, at 8:50 am ET. A live webcast of the event along with an audio replay will be available via the events and presentations section of the First Horizon Investor Relations website at https://ir.firs ...
FS Bancorp, Inc. Reports $8.4 Million of Net Income or $1.10 Per Diluted Share for the Fourth Quarter of 2025 and 3.6% Increase in Its Quarterly Dividend
Globenewswire· 2026-01-21 21:30
Core Viewpoint FS Bancorp, Inc. reported a net income increase for the fourth quarter of 2025, reflecting strong operational performance and a commitment to shareholder returns through increased dividends and growth in book value. Financial Performance - Net income for Q4 2025 was $8.4 million, or $1.10 per diluted share, up from $7.4 million, or $0.92 per diluted share in Q4 2024 [1] - Total net income for 2025 was $33.3 million, or $4.29 per diluted share, compared to $35.0 million, or $4.36 per diluted share in 2024 [1] - The company declared a quarterly cash dividend of $0.29 per common share, marking the 52nd consecutive increase [3] Book Value and Tangible Book Value - Book value per share increased by 8.6% to $41.55 at December 31, 2025, from $40.43 at September 30, 2025 [2] - Tangible book value per share rose by 10.1% to $39.65 at December 31, 2025, compared to $36.02 at December 31, 2024 [2] Segment Reporting - The Commercial and Consumer Banking segment generated a net income of $7.8 million, while the Home Lending segment contributed $643,000 in Q4 2025 [6] - Total deposits reached $2.67 billion at December 31, 2025, a 14.3% increase from $2.34 billion at December 31, 2024 [6] - Loans receivable increased by $23.6 million, or 0.9%, to $2.62 billion at December 31, 2025, compared to $2.50 billion at December 31, 2024 [6] Asset Management - The company purchased a 122,000-square-foot building for $16.1 million to centralize its headquarters by the end of 2026 [6][14] - Regulatory capital ratios were reported at 14.0% for total risk-based capital and 11.0% for Tier 1 leverage capital at December 31, 2025 [6] Loan Portfolio - Total loans receivable increased to $2.66 billion, with significant growth in commercial and speculative construction loans [16] - Consumer loans, primarily home improvement loans, decreased by $3.8 million to $597.0 million at December 31, 2025 [6]
SouthState Accelerates Growth with Strategic Talent Acquisition to Drive 2026 Performance
Prnewswire· 2026-01-21 16:00
Core Insights - SouthState is enhancing its revenue generation by hiring 32 experienced producers across key markets, indicating a strong commitment to market share expansion and sustainable growth in 2026 and beyond [1][2]. Group 1: Strategic Focus - The new hires are seen as a significant investment in the company's future, aimed at executing strategic priorities such as driving growth in commercial, mortgage, and wealth management sectors while maintaining disciplined risk management [2]. - The expertise of the new producers positions SouthState to capitalize on opportunities in high-growth regions, ultimately delivering long-term value for shareholders [2]. Group 2: Key Hires - Notable new hires include Greg Atkinson, who has 15 years of experience in commercial banking, and D Baron, a mortgage sales manager with over 20 years of experience [2][3]. - Other significant hires include Jamie Coleman, with over 30 years in middle-market growth, and Jacob Egly, who brings 25 years of mortgage experience [4][5]. - The team also includes experienced professionals like Albino Hernandez, who has a diverse banking background, and Angela Holliday, who has led financial advisors and managed operations in investment firms [6][8]. Group 3: Market Expansion - The new hires are strategically placed in various regions, including Denver, Dallas, Houston, and Atlanta, to enhance SouthState's presence and service offerings in these markets [3][4][5][6][8]. - The company aims to strengthen its commercial banking division, particularly in high-growth areas, by leveraging the extensive experience of its new team members [2][3]. Group 4: Company Overview - SouthState Corporation, headquartered in Winter Haven, Florida, provides a range of financial services including consumer, commercial, mortgage, and wealth management solutions to over 1.5 million customers across multiple states [21].
First Horizon Corporation Reports Full Year 2025 Net Income Available to Common Shareholders (NIAC) increased 29% to $956 Million or $1.87 EPS; Adjusted NIAC increased 15% to $968 Million or $1.89 EPS, driven by revenue strength and credit performance*
Prnewswire· 2026-01-15 11:30
Core Insights - First Horizon Corporation reported a 1% increase in net income available to common shareholders for Q4 2025, totaling $257 million, with an earnings per share (EPS) of $0.52, and an adjusted basis EPS of $0.52, reflecting a 2% increase from Q3 2025 results [1][3] - For the full year 2025, the company achieved a net income of $956 million, resulting in an EPS of $1.87, which represents a 38% increase compared to the EPS of $1.36 in 2024 [1][2] Financial Performance - The fourth quarter net income available to common shareholders was $257 million, up from $254 million in Q3 2025, with EPS increasing from $0.50 to $0.52 [3] - Notable items in Q4 2025 resulted in a net after-tax reduction of $2 million, compared to a $9 million reduction in Q3 2025 [3] - Adjusted fourth quarter 2025 net income was $259 million, slightly down from $263 million in Q3 2025, with adjusted EPS remaining stable at $0.52 [3] Strategic Focus - The company aims to deepen client relationships, maximize revenue opportunities, and enhance products and capabilities as it enters 2026 [2][3] - The CEO emphasized the importance of disciplined risk management and a resilient balance sheet to support sustainable growth [3] Company Overview - First Horizon Corporation, headquartered in Memphis, TN, has $83.9 billion in assets as of December 31, 2025, and operates in 12 states in the southern U.S. [13] - The company offers a range of financial services including commercial, private banking, consumer, small business, wealth management, and mortgage banking [13]
Stewart Announces Matt Orlando as President of Informative Research
Businesswire· 2026-01-12 18:08
Core Viewpoint - Stewart Information Services Corporation has appointed Matt Orlando as President of Informative Research, aiming to enhance growth and product development within the real estate services sector [1] Group 1: Leadership and Strategy - Matt Orlando will lead the growth strategy and product development for Informative Research [1] - The appointment is part of Stewart's vision to create a comprehensive, customer-focused real estate services platform [1] - Orlando's leadership and industry expertise are expected to accelerate Informative Research's capabilities [1]
Barclays Raises Huntington Bancshares (HBAN) PT to $20 Citing Continued 2026 Sector Outperformance
Yahoo Finance· 2026-01-08 14:12
Group 1 - Huntington Bancshares Inc. (NASDAQ:HBAN) is gaining attention from hedge funds as a promising investment opportunity [1][2] - Barclays raised the price target for Huntington Bancshares to $20 from $19, maintaining an Equal Weight rating, and expressed a bullish outlook for large-cap banks in 2026 [1] - RBC Capital also increased its price target for Huntington Bancshares to $20 from $19 with an Outperform rating, citing the strategic potential of recent acquisitions [2] Group 2 - Piper Sandler raised the price target for Huntington Bancshares to $16 from $15, but maintained an Underweight rating, emphasizing the bank's focus on organic growth [3] - The bank's core strategy is centered on seamless integrations and leveraging recent acquisitions to enhance future organic expansion [3] - Huntington Bancshares operates as the bank holding company for The Huntington National Bank, providing a range of banking services in the US [4]
Are BHP shares or QBE shares better value in 2026?
Rask Media· 2026-01-08 00:58
Group 1: BHP Group Ltd - BHP share price has increased by 18.7% since the beginning of 2025, indicating strong market performance [1] - BHP is a diversified natural resources company founded in 1885, focusing on mineral exploration and production, particularly in copper, iron ore, and coal [2] - BHP is considered a stable, dividend-paying investment and is commonly included in ASX share portfolios [3] Group 2: Financial Metrics of BHP - For FY24, BHP reported a debt/equity ratio of 45.3%, indicating more equity than debt [6] - BHP has delivered an average dividend yield of 6.9% per year over the last 5 years, appealing for income-focused investors [6] - The company reported a return on equity (ROE) of 19.7% for FY24, exceeding the typical threshold of 10% for mature businesses [6] Group 3: QBE Insurance Group Ltd - QBE started as a marine insurance company and has grown into one of Australia's largest insurers, operating in 27 countries [4] - Approximately 30% of QBE's revenue is generated domestically, with another 30% from the United States and the remainder primarily from Europe [4] Group 4: Financial Metrics of QBE - QBE reported a debt/equity ratio of 27.0% in CY24, indicating more equity than debt [7] - The company has achieved an average dividend yield of 2.8% per year since 2019, which is lower than BHP's yield [7] - QBE reported an ROE of 17.2% in CY24, demonstrating strong profitability [7]
First Horizon Announces New Leadership in Louisiana, Texas and Georgia
Prnewswire· 2026-01-07 14:44
Core Insights - First Horizon announced several leadership promotions to enhance client service through local expertise [1][6] Leadership Promotions - Tony Adams has been promoted to Gulf States Regional President, focusing on strategic client opportunities in Louisiana, having significantly developed client relationships since joining in 2001 [2] - Jimmy Dunn has been elevated to New Orleans Market President, aiming to strengthen client relationships and market growth with a high-touch service model, having joined the company in 2014 [3] - Matt Phillips, previously managing the Texas Commercial Real Estate Group, will now serve as Regional President of the West Region, leveraging over 11 years of experience in Texas to guide client growth [4] - Alex Morton has transitioned from Birmingham Market President to Atlanta Market President, expected to capitalize on strategic hires and business momentum developed over the past eight years [5] Company Overview - First Horizon Corporation, with $83.2 billion in assets as of September 30, 2025, is a leading regional financial services company operating in 12 southern U.S. states [7] - The company offers a wide range of services including commercial, private banking, consumer, small business, wealth management, and mortgage banking [7] - First Horizon has been recognized as one of the best employers and a top reputable U.S. bank by Fortune and Forbes [7]
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].