Stock Data
$0.21 (0.82%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
First Horizon Corporation, based in Memphis, Tennessee, is a prominent bank holding company with roots dating back to 1864. It offers a wide range of financial services through its First Horizon Bank, catering to consumers, businesses, and government entities. Its services include general banking, investment and financial advisory, mortgage banking, and more. The company excels in providing specialized banking segments such as commercial and business banking, private client and wealth management, and capital markets services. Additionally, it handles transaction processing, credit card services, and trust and fiduciary services, showcasing its comprehensive financial expertise.
First Horizon beat earnings estimates with a 12% year-over-year jump in net income to common shareholders, driven by $1.5 billion in average loan growth and a 5% rise in net interest income. The regional bank reiterated its 2026 outlook for adjusted revenue growth of 3-7%, signaling confidence despite a rough revenue comparison to the year-ago period.
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