First Horizon Bank Welcomes Benjamin Hymel as Business Banking Group Manager in Houma

Rhea-AI Summary

First Horizon (NYSE: FHN) announced on April 14, 2026 that Benjamin Hymel joined its Acadiana Business Banking team as Business Banking Group Manager in Houma. Hymel brings more than 20 years of banking and financial services experience, including roles at J.P. Morgan Chase and Capital One.

Management highlighted Hymel's relationship-building skills and client-first approach, and noted his community involvement with the Houma-Terrebonne Rotary Club and Terrebonne Foundation for Academic Excellence.

News Market Reaction – FHN

-0.25%

-0.25% Session close to close

In the Apr 14 session, FHN declined 0.25%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights First Horizon Bank’s continued emphasis on relationship-focused growth ...

Analysis

This announcement highlights First Horizon Bank’s continued emphasis on relationship-focused growth by adding a Business Banking Group Manager in Houma, building on recent leadership hires and community initiatives. In the background, the company reported strong 2025 results, including $956 million in net income, $1.87 EPS, a 10.63% CET1 capital ratio, and a dividend increase to $0.17 per share. Investors may watch upcoming earnings and further regional hires to gauge how management execution supports these financial metrics.

Key Figures

Industry experience: 20 years Net income: $956 million EPS: $1.87 +5 more

8 metrics

Industry experience 20 years Benjamin Hymel banking and financial services experience

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

EPS $1.87 Earnings per share, 2025

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

Total shareholder return 22.12% One-year total shareholder return

Capital return Over $1.2 billion Returned via buybacks and dividends in 2025

Quarterly dividend $0.17 per share Dividend starting April 2026 (up from $0.15)

Depositary shares offered 16,000,000 at $25 Series H preferred stock depositary share public offering price

Historical Context

5 past events · Latest: Apr 02 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Apr 02	Festival partnership	Positive	+0.9%	Expanded Jazz & Heritage Festival sponsorship and new cardholder lounge launch.
Apr 01	Preferred redemption	Neutral	+1.0%	Announcement to redeem outstanding Series C preferred and related depositary shares.
Mar 25	Earnings date set	Neutral	-0.8%	Scheduled first quarter 2026 financial results release and conference call details.
Mar 25	Leadership hire	Positive	+0.2%	Rehiring Meghan Donelon as Commercial Banking Group Manager in New Orleans.
Mar 20	Community impact	Positive	+2.6%	Recognition for Shuck Cancer event surpassing $1 million and over $5 million since 2018.

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

Pattern Detected

Recent corporate and community news, including leadership appointments and sponsorships, has generally coincided with modestly positive price reactions, with no clear instances of selling on positive headlines.

Recent Company History

Over the past month, FHN has highlighted several corporate developments. On Mar 20, it reported a leadership award tied to a Shuck Cancer event exceeding $1 million raised, with more than $5 million since 2018. On Mar 25, it announced an upcoming Q1 2026 earnings release and welcomed a new Commercial Banking Group Manager. Early April brought a preferred stock redemption notice and an expanded New Orleans Jazz & Heritage Festival partnership. Today’s business banking leadership hire in Houma fits this pattern of regional franchise and relationship-focused updates.

Key Terms

depositary shares, non-cumulative, liquidation preference, Regulatory Capital Event, +3 more

7 terms

depositary shares financial

"is offering 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

"The depositary shares pay a 6.750% per annum non‑cumulative dividend"

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.

liquidation preference financial

"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 per‑share"

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.

CET1 capital ratio financial

"The CET1 capital ratio was 10.63%"

The CET1 capital ratio measures a bank’s core equity (common shares and retained earnings) as a share of its assets after those assets are adjusted for how risky they are. It shows how big a financial cushion the bank has to absorb losses without needing outside help, so investors use it like a fuel gauge: higher ratios mean more protection against bad loans or market shocks and lower chances of forced capital raises or regulatory action.

definitive proxy statement regulatory

"FIRST HORIZON CORP Definitive Proxy Statement"

A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.

withholding taxes financial

"shares of common stock were withheld at $24.16 per share to cover withholding taxes"

Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

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

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NEW ORLEANS, April 14, 2026 /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") is pleased to announce that Benjamin Hymel has joined its Acadiana Business Banking team as a Business Banking Group Manager.

Hymel brings more than 20 years of banking and financial services experience to the team. Prior to joining First Horizon, he held roles with J.P. Morgan Chase and Capital One Bank.

"Ben's experience, leadership and client-first approach make him an outstanding addition to our team," said Jerry Prejean, Acadiana Market President for First Horizon. "His ability to build relationships and support the growth of local businesses will strengthen how we serve clients."

Tony Adams, Gulf States Regional President for First Horizon, added, "We're excited to welcome Ben to the team and confident in the value he will bring to our clients across the region. He brings a depth of experience and a strong understanding of how to support businesses at every stage."

Active in the community, Hymel has served as president of the Houma-Terrebonne Rotary Club, as a board member of the Terrebonne Foundation for Academic Excellence and is a member of South Central Industrial Association.

About First Horizon 
First Horizon Corporation (NYSE: FHN), with $83.9 billion in assets as of December 31, 2025, 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-welcomes-benjamin-hymel-as-business-banking-group-manager-in-houma-302742018.html

SOURCE First Horizon Bank

FAQ

Who is Benjamin Hymel and what role did he take at First Horizon (FHN) on April 14, 2026?

Benjamin Hymel joined First Horizon as Business Banking Group Manager in Houma, leading the Acadiana Business Banking team. According to First Horizon, Hymel has more than 20 years of banking experience and previously worked at J.P. Morgan Chase and Capital One.

How might Benjamin Hymel's background at J.P. Morgan Chase and Capital One affect his work at FHN (NYSE: FHN)?

Hymel's large-bank experience may enhance relationship management and commercial lending expertise at First Horizon. According to First Horizon, his background and client-first approach are expected to support growth and service for local businesses across the region.

What did First Horizon say about the expected impact of Hymel's hire on regional clients of FHN?

First Horizon said Hymel will strengthen client support and business growth across the region. According to First Horizon, management highlighted his ability to build relationships and assist businesses at every stage.

When and where did First Horizon announce the hiring of Benjamin Hymel (FHN)?

First Horizon announced the hire on April 14, 2026 in New Orleans, naming Hymel as Business Banking Group Manager in Houma. According to First Horizon, the appointment is within the Acadiana Business Banking team.

What community roles does Benjamin Hymel hold that relate to his new position at First Horizon (FHN)?

Hymel has served as president of the Houma-Terrebonne Rotary Club and as a board member of the Terrebonne Foundation for Academic Excellence. According to First Horizon, he is also a member of the South Central Industrial Association.