First Horizon Recognized with 28 National and Regional Banking Awards by Crisil Coalition Greenwich

Rhea-AI Summary

First Horizon (NYSE: FHN) said its banking unit earned 28 national and regional Best Bank awards from Crisil Coalition Greenwich on March 12, 2026, nine more than in 2025.

The awards cover Middle Market and Small Business Banking categories across areas like customer service, cash management and relationship management.

Key Figures

Banking awards: 28 awards Total assets: $84 billion Total loans: $64 billion +5 more

8 metrics

Banking awards 28 awards Crisil Coalition Greenwich 2026 Best Bank honors

Total assets $84 billion First Horizon total assets at Dec 31, 2025 (10-K)

Total loans $64 billion Loan portfolio at Dec 31, 2025 (10-K)

Total deposits $67 billion Deposits at Dec 31, 2025 (10-K)

CET1 ratio (HoldCo) 10.63% Common Equity Tier 1 ratio at holding company (10-K)

CET1 ratio (Bank) 10.98% Common Equity Tier 1 ratio at bank level (10-K)

Preferred net proceeds $391.7 million Expected net proceeds from Series H depositary share offering (424B2)

Depositary shares offered 16,000,000 shares Series H preferred stock depositary shares (424B2)

Market Reality Check

Price: $22.60 Vol: Volume 6,772,950 vs 20-da...

normal vol

$22.60 Last Close

Volume Volume 6,772,950 vs 20-day average 6,239,324 shows only mildly elevated trading. normal

Technical Price 22.60 is trading just above the 200-day MA at 22.50, near longer-term trend.

Peers on Argus

FHN was down 1.74% as several regional peers also softened: BSAC (-1.28%), SSB (...

FHN was down 1.74% as several regional peers also softened: BSAC (-1.28%), SSB (-1.30%), EWBC (-0.99%). Others like WBS (+0.13%) and WF (+0.15%) were roughly flat to slightly positive, suggesting a mixed, stock-specific backdrop rather than a strong sector-wide move.

Historical Context

5 past events · Latest: Mar 04 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 04	Executive recognition	Positive	+0.3%	Chief Communications Officer named to Ragan's Top Women in Communications list.
Feb 26	Conference participation	Neutral	-4.5%	CEO scheduled to present at RBC Capital Markets financial institutions conference.
Feb 20	Conference participation	Neutral	-4.5%	CFO and Chief Credit Officer to present at Raymond James institutional conference.
Feb 11	Leadership appointment	Positive	-2.6%	Appointment of new Chief Information Security Officer to lead cybersecurity strategy.
Feb 02	Leadership appointment	Positive	+3.6%	New Chief Investment Officer for wealth management to lead investment strategy.

Pattern Detected

Recent corporate and governance news has generally produced modest stock moves, with leadership and recognition items sometimes aligning positively but occasionally met with mild selling.

Recent Company History

Over the past few months, FHN has highlighted leadership additions, governance moves and investor conference participation. Appointments such as a new CIO and CISO, plus executive recognition, underscored strategic focus on wealth management, cybersecurity and communications. Conference appearances on March 3 and March 10, 2026 signaled active investor engagement. Today’s client-service awards from Crisil Coalition Greenwich fit this pattern of brand and franchise-strength messaging rather than hard financial updates.

Market Pulse Summary

This announcement underscores FHN’s client-service positioning, with 28 Crisil Coalition Greenwich a...

Analysis

This announcement underscores FHN’s client-service positioning, with 28 Crisil Coalition Greenwich awards across middle market and small business banking. Combined with an annual report citing $84 billion in assets and CET1 ratios above 10%, it reinforces a narrative of franchise strength rather than providing new financial guidance. Investors may watch how these service advantages translate into lending, deposit growth and returns following the recent Series H preferred stock capital issuance.

Key Terms

depositary shares, series h preferred stock, non-cumulative, liquidation preference, +3 more

7 terms

depositary shares financial

"First Horizon Corporation offers 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.

series h preferred stock financial

"interest in a share of Series H Preferred Stock (equivalent to $25.00 per depositary share)"

Series H preferred stock is a specific class of a company’s preferred shares that gives holders priority over common shareholders for dividends and claims on assets, often with fixed or contractually defined payments and sometimes special conversion or redemption terms. Think of it like a reserved seat with guaranteed perks — investors care because it changes the income predictability, downside protection, and potential ownership influence compared with common stock, which affects valuation and risk.

non-cumulative financial

"The depositary shares 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.

liquidation preference financial

"dividend on a $100,000 per‑share liquidation preference, with dividends payable each January 10"

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 redemption"

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

"offering 16,000,000 depositary shares, each representing a 1/4,000th interest in a share by means of a prospectus supplement"

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.

common equity tier 1 ratio financial

"including a Common Equity Tier 1 ratio of 10.63% at the holding company and 10.98% at the bank"

The common equity tier 1 ratio is a measure of a bank's financial strength, showing how much high-quality core capital it has compared to its total risk-weighted assets. Think of it as a safety buffer or cushion that helps ensure the bank can withstand economic shocks. For investors, a higher ratio indicates a stronger, more resilient bank, making it a key indicator of its financial health.

AI-generated analysis. Not financial advice.

MEMPHIS, Tenn., March 12, 2026 /PRNewswire/ -- First Horizon Bank, the banking subsidiary of First Horizon Corporation (NYSE: FHN or "First Horizon"), announced it was recognized by Crisil Coalition Greenwich as a Best Bank earning 28 national and regional banking awards, nine more than the previous year. The 2026 awards honor institutions that deliver exceptional client service, innovate in banking and drive strong business performance.

"We are honored to be recognized again this year by Crisil Coalition Greenwich for our dedication to delivering the highest quality service to our clients across all aspects of our organization," said Samuel Erwin, Executive Vice President and Director of Regional Banking for First Horizon. "These prestigious awards reflect our relationship-oriented approach delivered through local decision-making that builds trust with our clients and sets us apart in the industry."

Crisil Coalition Greenwich, the leading provider of data and analytics to the financial services industry, interviews around 20,000 businesses and evaluates more than 500 banks across the U.S. each year. The Middle Market Banking category includes companies with $10MM-$500MM in annual revenue and Small Business Banking companies that fall within $1MM-$10MM in annual revenue. 

First Horizon 2026 Best Bank Awards
Middle Market Banking

• Advisory Capabilities of Relationship Manager
• Customer Service
• Ease of Doing Business
• Ease of Making Payments
• Ease of Product Implementation
• Likelihood to Recommend
• Overall Satisfaction
• Product Capabilities in Cash Management
• Satisfaction in Cash Management
• Satisfaction with Relationship Manager
• Trust
• Values Long-Term Relationships
• Likelihood to Recommend (South)
• Overall Satisfaction (South)
• Overall Satisfaction in Cash Management (South)
• Overall Satisfaction with Relationship Manager (South)

Small Business Banking

• Advisory Capabilities of Relationship Manager
• Customer Service
• Ease of Doing Business
• Ease of Making Payments
• Overall Satisfaction
• Product Capabilities in Cash Management
• Satisfaction in Cash Management
• Satisfaction with Cash Management Sales Specialist
• Overall Satisfaction with Relationship Manager
• Trust
• Values Long-Term Relationships
• Overall Satisfaction with Relationship Manager (South)

For more information on the Coalition Greenwich Awards, please visit: www.greenwich.com.

About First Horizon
First Horizon Corp. (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.

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SOURCE First Horizon Bank

FAQ

What awards did First Horizon (FHN) receive from Crisil Coalition Greenwich on March 12, 2026?

First Horizon received 28 national and regional Best Bank awards on March 12, 2026. According to First Horizon, the honors span Middle Market and Small Business Banking categories including customer service, cash management and relationship manager capabilities.

How many more awards did First Horizon (FHN) earn in 2026 compared with 2025?

First Horizon earned nine more awards in 2026 versus 2025. According to First Horizon, the total rose to 28 awards, reflecting improvement across multiple service and product categories year-over-year.

Which First Horizon (FHN) banking areas were recognized by Coalition Greenwich in 2026?

Coalition Greenwich recognized areas like customer service, cash management, advisory capabilities, and ease of doing business. According to First Horizon, awards covered both Middle Market and Small Business Banking service and product capabilities.

What is the scope of Crisil Coalition Greenwich evaluations cited by First Horizon (FHN)?

Crisil Coalition Greenwich interviews about 20,000 businesses and evaluates over 500 banks annually. According to First Horizon, these evaluations inform awards across defined revenue segments for Middle Market and Small Business Banking.

Why do Coalition Greenwich awards matter for First Horizon (FHN) investors?

The awards signal third-party recognition of client service and product strength, which can support competitive positioning. According to First Horizon, the honors reflect relationship-oriented local decision-making across their banking teams.