First Horizon Corporation

https://www.FirstHorizon.com

First Horizon Corporation is a Memphis, Tennessee-based financial services company founded in 1864. Operating as a bank holding company, its primary subsidiary is First Horizon Bank. The company's mission is to strengthen the lives of its associates, clients, shareholders, and communities by helping them unlock their full potential with capital and counsel. As of recent reports, the company manages approximately $89.0 billion in assets.

The corporation provides a diversified range of financial services through its Regional Banking, Specialty Banking, and Corporate segments. Key offerings include commercial banking, business banking, consumer banking, private client investment, wealth management, and financial planning. Additionally, it offers specialized services such as asset-based lending, commercial real estate, equipment and energy finance, treasury management solutions, and fixed income securities sales and trading for institutional clients. First Horizon primarily serves individuals, businesses, and institutions across 12 states in the Southeastern United States.

D. Bryan Jordan serves as the Chairman, President, and Chief Executive Officer. In the first quarter of 2026, First Horizon Corporation reported a net income available to common shareholders of $257 million, a 21% increase year-over-year, with earnings per share of $0.53. The company has been strategically expanding its leadership in private client and commercial banking across key Gulf South markets. Following the termination of a proposed merger with TD Bank in May 2023, First Horizon has indicated a strategic shift towards pursuing whole bank acquisitions, positioning itself as an acquirer in the regional banking sector. The company maintains a strong regional market presence, aiming to bridge the gap between large national banks and smaller community institutions by offering sophisticated products with personalized service.

Latest updates

First Horizon Posts Strong Q1, ROTCE Exceeds 15% for Third Straight Quarter

Event summary

  • First Horizon Corporation reported a net income available to common shareholders of $257 million for Q1 2026, up 21% year-over-year.
  • Earnings per share (EPS) reached $0.53, a $0.12 increase from Q1 2025.
  • Return on tangible common equity (ROTCE) grew to 15.1%, marking the third consecutive quarter above 15%.
  • Tangible book value per share increased 9% year-over-year.
  • First Horizon Corporation manages $84.1 billion in assets as of March 31, 2026.

The big picture

First Horizon's strong Q1 results demonstrate the effectiveness of its strategic focus on disciplined execution and relationship banking. The consistent ROTCE above 15% signals improved efficiency and value creation, but the company's success hinges on navigating a potentially volatile economic landscape and maintaining its competitive advantage in a crowded regional banking market. The reported growth in tangible book value per share is a positive indicator, but requires sustained performance to justify current valuation levels.

What we're watching

Expense Management
Maintaining disciplined expense control will be crucial for First Horizon to sustain its profitability gains, especially given potential inflationary pressures and rising operating costs.
Credit Quality
The strength of First Horizon's credit culture will be tested as macroeconomic conditions potentially shift, requiring careful monitoring of asset quality and potential loan losses.
Relationship Banking
The company's reliance on relationship banking to drive revenue growth necessitates continued investment in client relationships and a focus on cross-selling opportunities to maintain momentum.

First Horizon Rises to 22nd in Training Magazine's MVP Rankings

Event summary

  • First Horizon Corporation received a 2026 Training MVP Award from Training magazine, ranking 22nd out of 91 companies.
  • The award assesses training programs based on quantitative and qualitative benchmarks including scope, technology, innovation, and business outcomes.
  • First Horizon has $83.9 billion in assets as of December 31, 2025 and operates in 12 states.
  • Dr. Mario Brown, Chief Talent Officer, attributed the ranking to years of team dedication and investment in associate growth.

The big picture

First Horizon's recognition highlights the growing importance of employee development in the financial services sector, particularly as institutions compete for talent and navigate evolving regulatory landscapes. The award underscores the bank’s commitment to investing in its workforce, which is increasingly viewed as a key driver of operational performance and client service. This focus on L&D may also be a response to pressures to improve diversity, equity, and inclusion within the organization.

What we're watching

Operational Efficiency
The ranking’s emphasis on training efficiency suggests First Horizon will need to demonstrate a continued ROI on its L&D investments to maintain its position.
Talent Retention
Given the competitive labor market, First Horizon’s commitment to training may be crucial for retaining key personnel and offsetting potential attrition.
Competitive Landscape
The performance of other regional banks in the Training MVP rankings will provide a benchmark for assessing First Horizon’s relative strength in talent development.

First Horizon Communications Chief Earns Industry Recognition

Event summary

  • Beth Ardoin, Chief Communications Officer of First Horizon Corporation, has been recognized as a 'Change Agent' in Ragan's Top Women in Communications Class of 2026.
  • The recognition highlights Ardoin's leadership and communications strategies within the company.
  • First Horizon Corporation holds $83.9 billion in assets as of December 31, 2025.
  • The award was presented during a ceremony in New York on March 3, 2026.

The big picture

Recognition from industry publications like Ragan can bolster a company's reputation and attract talent, but the award itself doesn't address underlying operational or financial challenges. First Horizon's size and regional focus mean its communications strategy plays a critical role in managing stakeholder expectations and navigating a competitive landscape. The 'Change Agent' designation suggests a focus on internal and external communications, which may be a response to recent market volatility or regulatory changes.

What we're watching

Reputation Management
The award's impact on First Horizon's public image and brand perception warrants monitoring, particularly given the bank's recent regulatory scrutiny.
Talent Retention
Whether this recognition will serve as a retention tool for key communications personnel within First Horizon remains to be seen, especially given competitive pressures in the talent market.
Strategic Alignment
The extent to which Ardoin's 'change agent' approach aligns with First Horizon's broader strategic objectives, particularly concerning digital transformation and client acquisition, will be a key indicator of future success.

First Horizon CEO to Address RBC Financial Institutions Conference

Event summary

  • First Horizon Corporation Chairman, President, and CEO Bryan Jordan will speak at the 2026 RBC Capital Markets Global Financial Institutions Conference.
  • The conference will be held on March 10, 2026, at 3:20 pm ET.
  • A live webcast and replay will be available on First Horizon's investor relations website.
  • First Horizon Corporation holds $83.9 billion in assets as of December 31, 2025.

The big picture

First Horizon's participation in this conference signals a continued effort to engage with investors and manage perceptions following recent market volatility. The conference appearance provides a platform to address concerns and articulate the company's strategy, but the disclaimer regarding forward-looking statements highlights the inherent uncertainties facing the regional banking sector. The company's $83.9 billion AUM positions it as a significant player, but its concentrated geographic presence makes it vulnerable to regional economic downturns.

What we're watching

Guidance Expectations
Investor attention will be focused on any forward-looking guidance provided by Jordan, given the inherent risks and uncertainties outlined in the release and the potential for material deviations from prior expectations.
Regional Exposure
The presentation will likely address the impact of economic conditions within First Horizon’s concentrated southern U.S. footprint, particularly given potential interest rate sensitivity and regional economic shifts.
Strategic Outlook
The market will scrutinize Jordan’s commentary for clues regarding First Horizon’s long-term strategic priorities and potential avenues for growth, especially considering the competitive landscape within the regional banking sector.

First Horizon Executives to Address Investors at Raymond James Conference

Event summary

  • First Horizon Corporation's CFO Hope Dmuchowski and Chief Credit Officer Thomas Hung will present at the Raymond James Institutional Investors Conference on March 3, 2026.
  • The presentation will be webcast and an audio replay will be available on First Horizon's Investor Relations website.
  • First Horizon Corporation holds $83.9 billion in assets as of December 31, 2025.
  • The conference appearance includes standard forward-looking statement disclaimers referencing SEC filings.

The big picture

First Horizon's participation in this conference signals a continued effort to engage with institutional investors and proactively address concerns about its regional focus and asset quality. The presence of both the CFO and Chief Credit Officer underscores the importance of these areas for investor confidence. The conference provides a platform to manage expectations and potentially preempt negative narratives surrounding the bank's performance.

What we're watching

Credit Exposure
The discussion around credit risk will be crucial given the regional concentration of First Horizon's operations and potential vulnerability to economic downturns in the Southern U.S.
Guidance Updates
Any forward-looking guidance provided during the presentation will be scrutinized against the backdrop of recent interest rate movements and broader economic forecasts.
Investor Sentiment
The tone and content of the presentation, and subsequent Q&A, will likely influence investor sentiment regarding First Horizon's strategic direction and ability to navigate current market conditions.

First Horizon Taps Cybersecurity Veteran Amid Rising Digital Risk

Event summary

  • First Horizon Corporation appointed Leilani Farol as Senior Vice President and Chief Information Security Officer (CISO), effective immediately.
  • Farol brings over 25 years of experience in information security, risk management, and technology, most recently serving as Head of Governance, Risk and Compliance at Fidelity Investments.
  • First Horizon has $83.9 billion in assets as of December 31, 2025, and operates in 12 states.
  • The appointment underscores First Horizon’s commitment to strengthening its cybersecurity posture and safeguarding client data.

The big picture

The appointment of a seasoned CISO like Farol signals a heightened awareness of cybersecurity risks within the regional banking sector. As digital banking continues to expand and cyberattacks become more sophisticated, banks are increasingly prioritizing security leadership. First Horizon's move reflects a broader trend among financial institutions to embed security into their core business strategy to maintain client trust and regulatory compliance.

What we're watching

Governance Dynamics
Farol's experience in building 'security-first cultures' suggests a potential shift in First Horizon's internal processes and reporting structures, which could impact operational efficiency in the short term.
Regulatory Headwinds
Increased regulatory scrutiny of financial institutions' cybersecurity practices will likely place Farol under immediate pressure to demonstrate compliance and proactive risk mitigation.
Execution Risk
The success of First Horizon's cybersecurity strategy will depend on Farol's ability to implement new technologies and training programs effectively across its 12-state footprint, a complex undertaking given the bank's size and geographic scope.

First Horizon Executives to Address Bank of America Conference

Event summary

  • First Horizon Corporation Chairman, President, and CEO Bryan Jordan and CFO Hope Dmuchowski will present at the Bank of America Financial Services Conference on February 11, 2026.
  • The presentation will be webcast and an audio replay will be available on First Horizon’s investor relations website.
  • First Horizon Corporation holds $83.9 billion in assets as of December 31, 2025.
  • The presentation may contain forward-looking statements subject to significant risks and uncertainties.

The big picture

First Horizon's participation in this conference signals a continued effort to engage with investors and provide transparency on its performance and strategy. With $83.9 billion in assets, the bank's performance is a bellwether for the broader regional banking sector, particularly in the Southern US. The conference appearance provides a platform to address investor concerns and potentially influence market perception.

What we're watching

Guidance Expectations
The market will scrutinize the presentation for any revised guidance, given the current economic climate and its impact on regional banks. Any deviation from prior expectations could trigger significant stock movement.
Capital Deployment
Investors will be assessing First Horizon’s plans for capital allocation, particularly regarding potential share buybacks or strategic acquisitions, given the current interest rate environment.
Regulatory Landscape
The presentation will likely be assessed for commentary on the evolving regulatory landscape for regional banks, and how First Horizon is positioning itself to navigate potential challenges.

First Horizon Boosts Dividend, Signals Confidence in Performance

Event summary

  • First Horizon Corporation declared a quarterly common stock dividend of $0.17 per share, a 13% increase from the prior dividend.
  • The company returned over $1.2 billion to shareholders in 2025.
  • First Horizon is pursuing a target of sustained 15%+ Return on Tangible Common Equity (ROTCE).
  • Dividends were also declared on Series C, Series E, Series F Preferred Stock, and First Horizon Bank’s Class A Non-Cumulative Perpetual Preferred Stock.
  • First Horizon Corporation has $83.9 billion in assets as of December 31, 2025.

The big picture

The dividend increase signals management's confidence in First Horizon's financial performance and its ability to generate sustainable returns. This move, coupled with the stated ROTCE target, suggests a commitment to shareholder value creation through a combination of growth, buybacks, and dividends. However, the company's regional focus introduces a degree of vulnerability to economic conditions specific to the Southern U.S.

What we're watching

ROTCE Sustainability
The ability to consistently achieve and exceed the 15%+ ROTCE target will be a key indicator of management's effectiveness and the overall health of the franchise, particularly given the current interest rate environment.
Capital Allocation
Future capital allocation decisions, including share buybacks versus further dividend increases, will reveal management's priorities and assessment of long-term growth opportunities.
Regional Exposure
First Horizon's concentrated presence in the Southern U.S. makes it susceptible to regional economic downturns; monitoring economic conditions in those states will be crucial to assessing future performance.

First Horizon Taps Veteran Hopper to Revamp Retail Footprint

Event summary

  • First Horizon Bank has appointed Ben Hopper as Senior Vice President, Head of Consumer Distribution and ATM Strategy, effective immediately.
  • Hopper brings over 20 years of experience in retail and consumer banking strategy from USAA, First Horizon, and Wells Fargo.
  • He will lead a team focused on optimizing First Horizon’s physical and ATM network across its 12-state footprint.
  • First Horizon Corporation holds $83.2 billion in assets as of September 30, 2025.

The big picture

First Horizon's move signals a continued trend among regional banks to reassess their physical footprint in the face of rising operating costs and shifting consumer behavior. Hopper’s focus on ATM strategy and channel integration suggests a deliberate effort to optimize First Horizon’s cost structure while maintaining a physical presence in its core markets. The appointment also highlights the ongoing competition for talent with experience in branch network optimization, a critical skill for regional banks navigating the digital age.

What we're watching

Network Optimization
The success of Hopper’s strategy hinges on balancing branch closures/consolidation with digital channel investment, a delicate act given the potential impact on community access and customer satisfaction.
Channel Integration
How effectively First Horizon integrates its physical and digital channels will determine whether Hopper’s vision of ‘faster and more personalized service’ translates into tangible customer experience improvements.
Execution Risk
Given Hopper’s prior experience at First Horizon, the challenge will be to implement changes that differ from past approaches and avoid internal resistance to a potentially disruptive strategy.

First Horizon Shuffles Regional Leadership Amid Southern Expansion

Event summary

  • First Horizon has appointed Tony Adams as Gulf States Regional President, overseeing Louisiana operations.
  • Jimmy Dunn, previously Private Client Group Leader, is now New Orleans Market President.
  • Matt Phillips, head of Texas Commercial Real Estate, assumes the role of Regional President for the West Region (Texas).
  • Alex Morton moves from Birmingham Market President to Atlanta Market President.

The big picture

First Horizon's leadership reshuffle signals a deliberate effort to bolster its regional presence across the Southern US, a key growth area for the bank. The appointments, while seemingly routine, suggest a desire to deepen client relationships and capitalize on local market opportunities. This strategy reflects a broader trend among regional banks to emphasize localized expertise to compete with larger national institutions.

What we're watching

Execution Risk
The success of these leadership changes hinges on the ability of the new presidents to quickly integrate and execute First Horizon’s strategy within their respective regions, particularly given the varied backgrounds of the appointees.
Client Retention
The focus on 'long-standing valued client relationships' suggests potential vulnerability; monitoring client attrition rates in New Orleans and Atlanta will be crucial to assess the impact of the leadership transitions.
Texas Growth
Given Phillips's expertise in Texas commercial real estate, the pace at which First Horizon expands its presence and market share in Dallas, Fort Worth, and Houston will be a key indicator of the strategy's effectiveness.
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