First Horizon Wealth Management Welcomes Eric Teal as Chief Investment Officer

Rhea-AI Summary

First Horizon (NYSE:FHN) announced on February 2, 2026 that Eric Teal has joined First Horizon Wealth Management as Senior Vice President and Chief Investment Officer (CIO). Teal will lead investment strategy, portfolio construction, and client market insights for the wealth management team.

Teal previously served as CIO at Comerica and held senior investment roles at U.S. Bank and First Citizens Bank. He holds a BS in Economics and International Studies from Rhodes College and an MBA in Finance from the University of Memphis.

Key Figures

NIAC 2025: $956 million EPS 2025: $1.87 Dividend per share: $0.17 +5 more

8 metrics

NIAC 2025 $956 million Full year 2025 net income available to common shareholders (prior event)

EPS 2025 $1.87 Full year 2025 EPS (prior event)

Dividend per share $0.17 Quarterly common-stock cash dividend (prior event)

Ownership stake 3.8% Millennium-related entities’ beneficial ownership of FHN common stock

Current price $24.82 Price before CIO announcement

52-week range $15.185–$25.2099 Trailing 52-week low and high before this news

Market cap $11,877,650,000 Equity value prior to CIO announcement

Short interest 1.84% Short interest as a percent of float

Market Reality Check

Price: $24.82 Vol: Volume 5,300,079 is below...

normal vol

$24.82 Last Close

Volume Volume 5,300,079 is below the 20-day average of 6,751,096 shares. normal

Technical Price at 24.82 is trading above the 200-day MA of 21.71 and within 1.55% of the 52-week high.

Peers on Argus

FHN was up 0.29% with below-average volume while key regional-bank peers like BS...

FHN was up 0.29% with below-average volume while key regional-bank peers like BSAC, SSB, WBS, WF, and EWBC showed positive moves between 0.73% and 2.88%, but none appeared in the momentum scanner, suggesting this CIO appointment was more company-specific than part of a high-momentum sector rotation.

Historical Context

5 past events · Latest: Jan 27 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 27	Dividend increase	Positive	-0.3%	Raised quarterly common dividend to $0.17 per share with higher payout.
Jan 23	Leadership hire	Neutral	-2.9%	Appointed SVP Head of Deposit Product Management to refine deposit strategy.
Jan 15	Earnings report	Positive	+1.6%	Reported 2025 NIAC of $956M and EPS growth versus 2024.
Jan 09	Leadership hire	Neutral	-1.1%	Added SVP to lead consumer distribution and ATM strategy initiatives.
Jan 07	Market leadership shifts	Neutral	-0.3%	Reassigned regional and market presidents across key state markets.

Pattern Detected

Recent FHN news has focused on leadership changes, capital returns, and earnings, with generally modest single-day price reactions and a mix of alignment and divergence versus the underlying news tone.

Recent Company History

Over the past month, FHN highlighted several corporate developments. On Jan 15, full-year 2025 earnings showed NIAC of $956M and EPS of $1.87, with a positive price reaction. A $0.17 common dividend increase and multiple leadership changes in markets, distribution, and deposit product management produced small mixed price moves. Today’s CIO appointment in Wealth Management fits this pattern of ongoing leadership refresh alongside solid financial performance, reinforcing an operational and strategy-focused news flow rather than major balance sheet or capital actions.

Market Pulse Summary

This announcement adds another senior leadership hire to FHN’s recent series of organizational updat...

Analysis

This announcement adds another senior leadership hire to FHN’s recent series of organizational updates, this time naming a new CIO for Wealth Management. It follows strong 2025 results, including NIAC of $956M and EPS of $1.87, plus a higher quarterly dividend of $0.17 per share. Investors may track how the new CIO shapes investment strategy, portfolio construction, and client engagement, alongside broader leadership moves across regional markets and distribution channels over the past month.

AI-generated analysis. Not financial advice.

MEMPHIS, Tenn., Feb. 2, 2026 /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") announced today that Eric Teal has joined First Horizon Wealth Management as Senior Vice President and Chief Investment Officer (CIO). As CIO, Teal will lead a team of talented investment professionals that set investment strategy, oversee a robust portfolio construction process and share practical market insights with First Horizon Wealth Management clients.

Teal joins First Horizon Wealth Management from Comerica, where he served as Chief Investment Officer and a key member of the wealth management senior leadership team. Prior to that, he was Managing Director and Investment Manager with U. S. Bank Private Wealth Management and served more than 10 years as Chief Investment Officer at First Citizens Bank.

"We are pleased to have Eric join our Wealth Management leadership team. He brings proven leadership, a disciplined approach to investing and a passion for client engagement," said Martin de Laureal, Head of Wealth Management and Private Banking for First Horizon. "As CIO, his experience will enhance our team's strategy so clients can plan with confidence and realize their long-term goals."

Teal holds a Bachelor of Science in Economics and International Studies from Rhodes College in Memphis, a Master of Business Administration in Finance from the University of Memphis and completed the International Economics and Trade Study Program at the London School of Economics. He is currently Treasurer of the PBS North Carolina Foundation Board and prior Chairman of the PBS North Carolina Board of Trustees.

About First Horizon Wealth Management
With a client-centric mission, First Horizon Wealth Management offers expertise in Investment Management, Estate & Financial Planning, Trust, Family Office and Private Banking services for our clients. For more information about First Horizon Wealth Management, visit https://www.firsthorizon.com/Wealth-Management.

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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/first-horizon-wealth-management-welcomes-eric-teal-as-chief-investment-officer-302676798.html

SOURCE First Horizon Bank

FAQ

Who is Eric Teal and what role did he accept at First Horizon (FHN) on February 2, 2026?

Eric Teal joined First Horizon Wealth Management as Senior Vice President and Chief Investment Officer. According to First Horizon, he will lead investment strategy, portfolio construction, and provide market insights for wealth management clients.

What experience does Eric Teal bring to First Horizon (FHN) as its new CIO?

Teal brings multi‑firm CIO and senior wealth management experience, including roles at Comerica and U.S. Bank. According to First Horizon, his background includes prior CIO service and leadership in private wealth investment management.

How might Eric Teal's appointment as CIO affect First Horizon (FHN) wealth management clients?

The appointment aims to strengthen investment leadership and client advice capabilities at First Horizon Wealth Management. According to First Horizon, Teal will enhance strategy and portfolio construction to help clients pursue long‑term financial goals.

What qualifications and education does First Horizon (FHN) cite for Eric Teal's CIO appointment?

Teal holds a BS in Economics and International Studies from Rhodes College and an MBA in Finance from the University of Memphis. According to First Horizon, he also completed study at the London School of Economics.

When did First Horizon (FHN) announce Eric Teal's hire and who commented on the appointment?

First Horizon announced the hire on February 2, 2026. According to First Horizon, Martin de Laureal, Head of Wealth Management and Private Banking, commented that Teal brings proven leadership and a disciplined investment approach.