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First Horizon(FHN) - 2024 Q2 - Quarterly Results
2024-07-17 10:39
FIRST HORIZON. 2Q24 ROTCE of 11.3% and Adjusted ROTCE of 12.0% with Tangible Book Value per Share of $12.22, up $0.06 QoQ* Jordan continued, "We continue to make significant progress on our strategic investments while identifying operational efficiencies that enhance the client experience and our financial performance. I am proud of the continued progress we have made in strengthening our competitive position and remain confident in our ability to continue to deliver value to our shareholders, associates, c ...
Why First Horizon (FHN) is Poised to Beat Earnings Estimates Again
ZACKS· 2024-07-12 17:16
For the most recent quarter, First Horizon was expected to post earnings of $0.34 per share, but it reported $0.35 per share instead, representing a surprise of 2.94%. For the previous quarter, the consensus estimate was $0.31 per share, while it actually produced $0.32 per share, a surprise of 3.23%. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks wit ...
Seeking Clues to First Horizon (FHN) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
ZACKS· 2024-07-12 14:20
Wall Street analysts forecast that First Horizon National (FHN) will report quarterly earnings of $0.37 per share in its upcoming release, pointing to a year-over-year decline of 5.1%. It is anticipated that revenues will amount to $819.82 million, exhibiting a decline of 20.5% compared to the year-ago quarter. Over the last 30 days, there has been an upward revision of 2.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsid ...
First Horizon National (FHN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
ZACKS· 2024-07-10 15:06
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Estimate Revisions Trend Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surpri ...
First Horizon Bank honored by Junior Achievement with U.S. President's Volunteer Service Award
Prnewswire· 2024-06-26 14:00
MEMPHIS, Tenn., June 26, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") announced that Junior Achievement USA® (JA) has honored First Horizon Bank again with a bronze 2022-23 U.S. President's Volunteer Service Award in appreciation of their valued partnership and support. The U.S. President's Volunteer Service Award was presented to 70 organizations at the JA Volunteer Summit on June 11th in Washington, DC. Requirements of the award include volunteering a minimum of 1,500 hour ...
First Horizon Named to the Forbes America's Best-In-State Banks 2024
Prnewswire· 2024-06-25 14:00
Financial institutions are the cornerstone of the financial world and play a central role in stabilizing global systems. America's Best-In-State Banks 2024 ranking lists the institutions that stood out for fulfilling the unique financial needs and expectations of their local communities thereby being most valued by residents of each state. The ranking is based on two sources: 1. An Independent Survey: Approximately 26,000 U.S. residents were surveyed online. Participants were asked to name all banks where t ...
First Horizon Foundation Awards $1.6 Million to Grants for Good Recipients
Prnewswire· 2024-06-18 14:00
MEMPHIS, Tenn., June 18, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") today announced the recipients of the Grants for Good campaign. In honor of the bank's 160th anniversary and after receiving more than 3,500 applications, the First Horizon Foundation awarded $1.6 million to 160 nonprofits across the bank's footprint that have made a significant impact on the development and stability of their communities. "We are honored to recognize these outstanding nonprofit organizations th ...
First Horizon Bank has been named to the Financial Brand's Power 100 Banks Using Social Media
Prnewswire· 2024-06-17 18:00
Parameters in this social media database include the most Facebook likes and new Facebook likes; the most X followers, new X followers, posts sent, and X accounts followed; the most YouTube video views, new YouTube views, and YouTube subscribers; and the most Instagram followers, new Instagram followers, Instagram posts, and new Instagram posts. First Horizon Corp. (NYSE: FHN), with $81.8 billion in assets as of March 31, 2024, is a leading regional financial services company, dedicated to helping our clien ...
nCino Deploying Banking Advisor, a Generative AI Solution to Drive New Efficiencies in Financial Institutions
Newsfilter· 2024-06-17 11:30
Company's Gen AI tool, powered by nCino IQ (nIQ), delivers real-time intelligence and optimizes decisionmaking with data-driven insights for financial institutions across asset sizes and geographies Participants of Banking Advisor's closed beta testing Product Design Program finding efficiency gains through employee time savings and proactive portfolio management WILMINGTON, N.C., June 17, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services indus ...
First Horizon Corporation to Announce Second Quarter Financial Results on July 17, 2024
Prnewswire· 2024-06-14 20:15
Dial-in: Individuals may call in by dialing 1-833-470-1428 (if calling from the U.S.) or 404- 975-4839 (if calling from outside the U.S) and entering access code 463278. The news release, call, and slide presentation may include forward-looking information, including a financial outlook. Time: 9:30 am (ET)/8:30 am (CT) Webcast/Presentation: A live webcast will be available at ir.firsthorizon.com under Events and Presentations. Replay Information: First Horizon Corp. (NYSE: FHN), with $81.8 billion in assets ...