Core Insights - First Horizon Corp. has entered a multiyear partnership with FC Naples, becoming the Official Bank of the first professional soccer team in Collier County, Florida [1][2] - The partnership aims to enhance community engagement and provide youth access to professional soccer, fostering inspiration and dedication [2] - FC Naples is positioned to create a world-class family experience and aims to be a title-contending team, reflecting the community's values and history [3] Company Overview - First Horizon Corp. has $82.2 billion in assets as of December 31, 2024, and operates in 12 states across the southern U.S. [4] - The company offers a wide range of financial services, including commercial, private banking, consumer, and wealth management [4] - First Horizon has received recognition as one of the best employers and a top reputable bank in the U.S. [4]

Core Points - First Horizon Corporation received the 2025 Training APEX Award from Training magazine, marking the tenth consecutive year the company has been recognized for its excellence in employer-sponsored training and development programs [1][2] - The APEX Awards ranking is based on a combination of industry benchmarks and various qualitative and quantitative factors, including total training budget, percentage of payroll, scope of training programs, and business outcomes resulting from training [4] Company Overview - First Horizon Corporation, with $82.2 billion in assets as of December 31, 2024, is a leading regional financial services company headquartered in Memphis, TN, operating in 12 states across the southern U.S. [3] - The company offers a wide range of services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [3] - First Horizon has been recognized 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]

Economic Conditions and Performance - The company experienced significant volatility in income and performance due to the cyclical nature of the U.S. economy, which impacts key performance measures [17]. - The company reported that its lending business is highly dependent on clients' ability to repay loans, which is influenced by economic conditions and individual factors [17]. - The company anticipates potential impacts from economic recessions, interest rate movements, and fluctuations in the housing market on its financial performance [24]. - FHN's forward-looking statements indicate expectations for future operations and financial results, emphasizing the inherent uncertainties in business conditions and market dynamics [22]. Interest Rates and Lending - Over half of the company's loan portfolio is tied to variable interest rates, which have been affected by the aggressive interest rate policies implemented in 2022 and 2023 [16]. - Interest rate conditions and the shape of the yield curve are critical drivers of the company's profit margin from lending [17]. Risk Management - The company highlighted the importance of managing credit quality to minimize loan losses, as lending is a high-volume, low-margin business [17]. - The company is focused on managing risks associated with loan origination and servicing, including prepayment risks and fluctuations in collateral values [24]. - The effectiveness of FHN's hedging practices and the ability to adapt to changing industry standards are critical for managing market risks [24]. - The company recognizes the risks associated with fraud and theft, which have increased due to advancements in technology [20]. Operational Strategy - The company is focused on reducing operating costs while maintaining competitive service, viewing expense control as crucial for long-term success [20]. - The company plans to continue monitoring economic conditions and adjusting strategies accordingly to mitigate risks [22]. Regulatory Environment - The company is subject to heavy regulation, which can significantly restrict its ability to pursue certain lines of business [20]. - Future results may be affected by regulatory changes and potential claims related to mortgage servicing failures [24]. - The company emphasizes the importance of ongoing assessments of market conditions and regulatory environments in shaping its future outlook [23]. Competition and Market Dynamics - FHN's financial condition is influenced by the stability of major financial participants and competition within the financial services industry [24]. - Technological innovation is transforming the financial services industry, posing challenges for the company to remain an innovation leader [20]. - FHN's financial performance is subject to reputational risks and potential adverse reactions from clients and business relationships [24]. Deposit Management - The company faced significant deposit outflows in 2023, which were countered by a successful deposit campaign to restore public confidence [18]. Financial Reporting - FHN's financial statements and supplementary data provide insights into its operational performance and market risk management strategies [781].

Core Viewpoint - Investors in the Banks - Southwest sector should consider First Horizon National (FHN) and Cullen/Frost Bankers (CFR) as potential value opportunities [1] Group 1: Zacks Rank and Earnings Outlook - Both FHN and CFR currently have a Zacks Rank of 1 (Strong Buy), indicating positive earnings estimate revisions [3] - The Zacks Rank strategy targets companies with improving earnings outlooks, which applies to both FHN and CFR [3] Group 2: Valuation Metrics - FHN has a forward P/E ratio of 13.28, while CFR has a forward P/E of 16.38 [5] - FHN's PEG ratio is 1.23, compared to CFR's PEG ratio of 6.58, indicating FHN may be more favorably valued considering growth expectations [5] - FHN's P/B ratio is 1.35, while CFR's P/B ratio is 2.48, further suggesting FHN is undervalued relative to its book value [6] Group 3: Value Grades - Based on various valuation metrics, FHN holds a Value grade of B, whereas CFR has a Value grade of F, indicating FHN is the superior value option at this time [6]

Core Insights - First Horizon Bank has partnered as the Official and Exclusive Bank of the Valspar Championship, a prominent PGA Tour event taking place from March 17 to 23, 2025, at the Copperhead Course in Innisbrook Resort, Florida [1][5] Company Overview - First Horizon Corp. has $82.2 billion in assets as of December 31, 2024, and operates in 12 states across the southern U.S., providing a range of financial services including commercial, private banking, and wealth management [6] Partnership Details - As part of the multiyear partnership, First Horizon will be the Title Sponsor of Executive Women's Day and will donate to a Tampa Bay Area charity each year [2][4] - The partnership emphasizes First Horizon's commitment to community engagement and support for professional sports, aligning with the tournament's charitable goals [3][4] Event Significance - The Valspar Championship is a key event on the PGA Tour, attracting top golfers and fans globally, and is broadcasted in over 220 countries [5]

Core Points - Rosa Sugrañes has announced her retirement from the Board of Directors of First Horizon Corporation and First Horizon Bank, effective at the end of her current term [1] - Sugrañes has been a director since 2020, following the merger with IBERIABANK Corporation, and previously served on the board of IBERIABANK since 2017 [1] - She was the founder and CEO of Iberia Tiles from 1980 until its sale in 2012 [2] - Bryan Jordan, Chairman and CEO of First Horizon, expressed gratitude for Sugrañes' contributions and guidance during her tenure [3] Company Overview - First Horizon Corporation, with assets totaling $82.2 billion as of December 31, 2024, is a prominent regional financial services company [3] - The company is headquartered in Memphis, TN, and operates First Horizon Bank across 12 states in the southern U.S. [3] - First Horizon offers a range of services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [3] - The company has received recognition as one of the best employers by Fortune and Forbes magazines and is listed as a Top 10 Most Reputable U.S. Bank [3]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Summary: First Horizon National (FHN) - FHN currently holds a Momentum Style Score of B, indicating a positive momentum characteristic [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3] - Over the past week, FHN shares increased by 1.87%, outperforming the Zacks Banks - Southwest industry, which rose by 0.73% [5] - In the last month, FHN's shares rose by 7.68%, compared to the industry's 3.58% [5] - Over the past quarter, FHN shares increased by 11.54%, and over the last year, they gained 62.89%, while the S&P 500 only moved 1.46% and 22.28%, respectively [6] - The average 20-day trading volume for FHN is 5,994,191 shares, indicating a bullish sign with rising stock prices [7] Earnings Outlook - In the past two months, four earnings estimates for FHN have been revised upwards, with no downward revisions, increasing the consensus estimate from $1.55 to $1.67 [9] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions during the same period [9] Conclusion - Considering the positive momentum indicators and earnings outlook, FHN is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]

MEMPHIS, Tenn., Feb. 11, 2025 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced Chief Financial Officer Hope Dmuchowski will participate in the Raymond James 46th Annual Institutional Investors Conference on March 3, 2025, at 9:15 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.firsthorizon.com/events-and-presentations/default.aspx.The presentation and any ...

Investors interested in stocks from the Banks - Southwest sector have probably already heard of First Horizon National (FHN) and Cullen/Frost Bankers (CFR) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, ...

MEMPHIS, Tenn., Jan. 31, 2025 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") announced today the retirement of Harry V. Barton Jr., 70, from the Boards of Directors of First Horizon Corporation and First Horizon Bank, effective at the end of his current term. Barton became a director of First Horizon in 2020 upon the closing of the merger of equals with IBERIABANK, having served as a director of IBERIABANK since 1993.A Louisiana native and resident, Harry V. Barton, Jr. is a certif ...