First Horizon Bank Announces New Hires and Promotion in Acadiana

Rhea-AI Summary

First Horizon Bank (NYSE: FHN) announced two new hires and one promotion in its Acadiana market on April 16, 2026. Eddie Buttross is promoted to Commercial Banking Group Manager; Christine Kieu joins as Senior Private Client Relationship Manager; Melinda Brahan joins as Treasury Management Sales Officer.

All three will be based in First Horizon's downtown Lafayette office and will focus on commercial, private client, and treasury management services to support regional businesses and individuals.

News Market Reaction – FHN

-0.79%

-0.79% Session close to close

In the Apr 16 session, FHN declined 0.79%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement underscores First Horizon’s strategy of deepening its Louisiana footprint by addin...

Analysis

This announcement underscores First Horizon’s strategy of deepening its Louisiana footprint by adding experienced commercial, private client, and treasury management bankers in Acadiana. It follows other recent New Orleans and Houma hires and comes against a backdrop of strong 2025 results, higher dividends, and preferred capital transactions. Investors may watch how these staffing moves translate into loan growth, fee income, and credit quality in upcoming reporting periods.

Key Figures

Net income 2025: $956 million EPS 2025: $1.87 CET1 ratio: 10.63% +5 more

8 metrics

Net income 2025 $956 million Net income available to common shareholders, 2025

EPS 2025 $1.87 Earnings per share, 2025 (up 38% vs 2024)

CET1 ratio 10.63% Common Equity Tier 1 capital ratio, 2025

Total shareholder return 22.12% One-year total shareholder return highlighted in DEF 14A

Capital returned $1.2 billion+ Buybacks and dividends returned over 2025

Quarterly dividend $0.17 per share Raised from $0.15 starting April 2026

Offering size $400,000,000 Public offering price for 16,000,000 Series H depositary shares

Expected net proceeds $391.7 million Net proceeds from Series H depositary share offering

Historical Context

5 past events · Latest: Apr 14 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Apr 14	Leadership hire	Positive	-0.3%	Business Banking Group Manager added to Acadiana team in Houma.
Apr 13	Leadership hire	Positive	-0.3%	Director of Private Client Banking hired for New Orleans market.
Apr 10	Team expansion	Positive	+1.1%	New Senior Commercial and Private Client Relationship Managers in New Orleans.
Apr 2	Sponsorship expansion	Positive	+0.9%	Expanded Jazz & Heritage Festival sponsorship and new cardholder lounge.
Apr 1	Preferred redemption	Neutral	+1.0%	Redemption of 6.600% Series C preferred and related depositary shares.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent hiring and branding news in Louisiana markets has generally seen modest, mixed price reactions, with both aligned gains and small divergences on positive announcements.

Recent Company History

Over the past few weeks, First Horizon has focused on growth in Louisiana markets and balance sheet optimization. Multiple announcements in April 2026 highlighted senior hires in New Orleans and Houma plus today’s Acadiana team expansion. A preferred Series C redemption and an expanded New Orleans Jazz & Heritage Festival sponsorship rounded out capital and brand moves. Price reactions to these largely positive updates ranged between about -0.25% and +1.08%, suggesting incremental rather than outsized impact from similar news.

Key Terms

treasury management, cash management, depositary shares, non-cumulative, +4 more

8 terms

treasury management financial

"Melinda Brahan joins the team as Treasury Management Sales Officer."

Treasury management is a company's day‑to‑day handling of cash, short‑term investments, borrowing and financial risks to make sure bills are paid, excess cash is used wisely, and exposure to things like interest rates or foreign currencies is controlled. Think of it as running the company's checking account and emergency fund so operations keep flowing. For investors, strong treasury management signals that a company can meet obligations, fund growth without costly surprises, and protect value in changing markets.

cash management financial

"deliver tailored cash management and treasury solutions that support business operations"

Cash management is the process of organizing and controlling a company's or individual's money to ensure they have enough cash on hand for daily needs while making the most of their funds. It’s like managing your weekly allowance to pay bills, save for something special, and avoid running out of money unexpectedly. Good cash management helps prevent financial surprises and keeps everything running smoothly.

depositary shares financial

"16,000,000 depositary shares, each representing a 1/4,000th interest"

Depositary shares are tradable certificates that represent a fractional piece of a larger security held by a third-party bank, like owning a slice of a single big pie instead of the whole pie. They let companies issue and investors buy smaller, more affordable portions of preferred stock or other instruments; holders usually receive proportional dividends and market pricing similar to ordinary shares, but may have limited voting rights and different liquidity or tax implications, which can affect income and resale value.

non-cumulative financial

"pay a 6.750% per annum non‑cumulative dividend on a $100,000 per‑share"

Non-cumulative describes a type of dividend or payment right where any missed distributions are not tracked or owed later; if a company skips a payment, investors do not receive that skipped amount in the future. Think of it like a one-time coupon that expires if not used: it can boost potential income when paid, but offers no catch-up protection, so investors face greater income uncertainty and should price in higher risk or lower yield expectations.

perpetual preferred stock financial

"Series H Non-Cumulative Perpetual Preferred Stock, with a liquidation preference"

A perpetual preferred stock is a type of share that behaves like a forever-lasting, fixed-income investment: it pays regular dividends and has no set maturity date, yet it represents ownership rather than a loan. It ranks ahead of common stock for dividend payments and in liquidation, so investors treat it as a mix between a bond and an equity stake; its value depends largely on the issuer’s credit and prevailing interest rates.

liquidation preference financial

"Preferred Stock, with a liquidation preference of $100,000 per share."

A liquidation preference is a rule that determines who gets paid first and how much they receive when a company is sold, goes bankrupt, or distributes its assets. It gives certain investors a priority claim—often returning their original investment plus any agreed multiple—before other owners receive money, which shapes how much common shareholders and founders ultimately get; think of it as a front-of-the-line pass that affects payout order and investor returns.

regulatory capital event regulatory

"within 90 days following a defined Regulatory Capital Event, at the $100,000"

An event where a regulator forces or signals that a bank, insurer or similar firm must change its capital position—for example by raising money, converting debt to equity, cutting dividends, or writing down assets—because it no longer meets required financial strength rules. Investors care because it can dilute existing shares, reduce payouts, change control or indicate higher risk, like a household suddenly needing to boost its emergency fund after a lender’s warning.

prospectus supplement regulatory

"by means of a prospectus supplement. The depositary shares pay a 6.750%"

A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LAFAYETTE, La., April 16, 2026 /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") is pleased to announce the addition of two new associates and the promotion of a current team member, further strengthening its banking capabilities in the Acadiana market.

 

Eddie Buttross has been promoted to Commercial Banking Group Manager. A respected leader within First Horizon, Buttross will oversee commercial banking efforts in the market, continuing to strengthen client relationships while leading a growing team of bankers.

Christine Kieu has joined First Horizon Bank as Senior Private Client Relationship Manager. With 25 years of banking experience, Kieu brings a client-first approach and a proven track record of delivering strategic financial solutions.

Melinda Brahan joins the team as Treasury Management Sales Officer. In this role, she partners with commercial clients to deliver tailored cash management and treasury solutions that support business operations and long-term growth.

"These announcements reflect the momentum we're seeing across our Acadiana Market," said Jerry Prejean, Acadiana Market President for First Horizon Bank. "Eddie, Christine and Melinda bring specialized expertise and a shared commitment to serving clients, further strengthening how we support businesses and individuals across the region."

These associates will all be based in First Horizon Bank's downtown Lafayette office.

About First Horizon 
First Horizon Corp. (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/first-horizon-bank-announces-new-hires-and-promotion-in-acadiana-302745111.html

SOURCE First Horizon Bank

FAQ

Who was promoted at First Horizon Bank (FHN) in Acadiana on April 16, 2026?

Eddie Buttross was promoted to Commercial Banking Group Manager, overseeing commercial banking in Acadiana. According to First Horizon, Buttross will lead the commercial banking team and continue strengthening client relationships from the Lafayette office.

What role did Christine Kieu join First Horizon Bank (FHN) for in Acadiana?

Christine Kieu joined as Senior Private Client Relationship Manager, bringing 25 years of banking experience. According to First Horizon, she will deliver client-first strategic financial solutions for private clients based in downtown Lafayette.

What responsibilities will Melinda Brahan have at First Horizon Bank (FHN) in Acadiana?

Melinda Brahan will serve as Treasury Management Sales Officer, partnering with commercial clients on cash and treasury solutions. According to First Horizon, she will tailor cash-management services to support business operations and long-term growth.

Where will the new First Horizon Bank (FHN) Acadiana hires and promotion be based?

All three associates will be based in First Horizon's downtown Lafayette office, serving the Acadiana market. According to First Horizon, this location will support commercial, private client, and treasury management activities regionally.

How did First Horizon describe the impact of the April 16, 2026 hires and promotion (FHN)?

First Horizon said the moves reflect momentum across the Acadiana market and strengthen client service capabilities. According to First Horizon, the hires and promotion bring specialized expertise to support regional businesses and individuals.