First Horizon Corporation reports developments in regional banking through its bank subsidiary, First Horizon Bank. The company operates in 12 states concentrated in the southern U.S. and offers commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income and mortgage banking services.
Recurring news includes quarterly results, common and preferred stock dividends, preferred-stock redemptions, and changes affecting depositary shares. Company updates also cover treasury management, commercial banking, business banking and private client banking leadership across its southern U.S. markets.
First Horizon Bank (NYSE: FHN) appointed James Petrillo as Vice President, De Novo New Build Leader, effective August 10, 2026. He will oversee strategy and execution for new banking centers, aiming to optimize the branch network and support a seamless client experience. Petrillo brings over 21 years of banking leadership, including roles at Wells Fargo and Citizens Bank.
First Horizon (NYSE:FHN) announced its inclusion on the Memphis Business Journal's 2026 "Best Places to Work in Memphis" list in the Large Companies category. This is the fifth time the company has earned this recognition, based on survey feedback from Memphis-based associates covering workplace culture, engagement, leadership and overall employee experience. Final category rankings and top winners will be revealed at an honoree event on September 15, 2026 at the Memphis Sports and Events Center.
First Horizon Bank (NYSE: FHN) has expanded its commercial banking team in the Acadiana market, adding veteran banker Larry Lanclos as Vice President and Commercial Relationship Manager along with three commercial banking associates.
New team members include Tyler Pierret as Commercial Portfolio Manager, Ami Snell as Commercial Credit Analyst, and Kelsey Breard as Commercial Credit Analyst. According to First Horizon, these hires support customized lending, risk assessment and credit analysis for commercial clients. The company reports it had $84.4 billion in assets as of June 30, 2026.
First Horizon Bank (NYSE: FHN) announced the promotion of veteran Baton Rouge banker Michael Doerr to Senior Vice President, Senior Commercial Banking Sales Manager. Doerr, a Baton Rouge native, brings more than 30 years of commercial banking experience, including prior roles at Whitney National Bank and work with First Horizon Bank and IBERIABANK since 2010.
According to First Horizon, his promotion reflects his experience, client focus and strategic guidance for the Baton Rouge business community. Doerr holds a Bachelor of Science degree in Finance from Louisiana State University.
First Horizon (NYSE: FHN) has been recognized by Newsweek with two workplace awards for the second consecutive year: one of America’s Greatest Workplaces in Financial Services and one of America’s Greatest Workplaces for Women. These honors are based on large-scale employee surveys and multi-year analytics focused on satisfaction, gender equality, fairness and inclusion.
First Horizon (NYSE: FHN) released results of its 2026 company-run capital stress test using the Federal Reserve’s 2026 Dodd-Frank Act Severely Adverse Scenario. The company reported that, even under hypothetical severe economic and market stress, all projected capital ratios remain well above regulatory minimum requirements.
Projected stressed ratios include a CET1 ratio of 9.3% versus a 4.5% regulatory minimum, Tier 1 risk-based capital of 10.2% vs 6.0%, total risk-based capital of 12.2% vs 8.0%, and a Tier 1 leverage ratio of 9.1% vs 4.0%. These projections assume a $0.17 quarterly common dividend throughout the nine-quarter horizon.
The company reported a stressed loan portfolio loss rate of 2.3%, compared with the Federal Reserve-published median DFAST loss rate of 6.7%. Pre-provision net revenue as a percentage of total assets was 5.1%, above the peer median of 3.0%, supported by diversified, partly counter-cyclical businesses.
First Horizon (NYSE: FHN) declared a quarterly cash dividend of $0.17 per share on its common stock, payable October 1, 2026 to shareholders of record on September 11, 2026.
The company also declared quarterly cash dividends on preferred securities: Series E at $1,625.00 per share or $0.40625 per FHN PRE depositary share; Series F at $1,175.00 per share or $0.29375 per FHN PRF depositary share; and Series H at $1,687.50 per share or $0.421875 per FHN PRH depositary share, each payable October 13, 2026 to holders of record on September 28, 2026. First Horizon Bank’s Class A Non-Cumulative Perpetual Preferred Stock will receive $12.82318 per share on the same dates.
First Horizon Bank (NYSE: FHN) announced the expansion of its Loan Syndications team to enhance execution capabilities and service for corporate and commercial real estate clients across the U.S. Kevin Farrell joins as Managing Director of Commercial Real Estate Loan Syndications, bringing prior leadership experience from First National Bank Corporation.
Corey Kistka joins as Managing Director of Commercial & Industrial Loan Syndications, with 29 years in syndicated finance and prior experience at Comerica Bank. Jack Bratton joins as Vice President of Loan Syndications and Austin Eskew as a Loan Syndications Associate, supporting growth in commercial real estate and commercial and industrial syndications. According to First Horizon, these strategic hires are intended to deepen expertise, expand client coverage and support long-term growth.
First Horizon (NYSE: FHN) appointed Scott Serpico as Senior Vice President, Head of Product, effective in Memphis. He will lead strategy and vision for First Horizon Bank’s multi-product portfolio, covering credit cards, deposits, lending and emerging payments, reporting into the client-first growth agenda.
First Horizon Bank (NYSE: FHN) appointed veteran banker Lebron Womack as Chattanooga Market President, effective as the bank marks its 50th year in the Chattanooga market. Womack has over 15 years with First Horizon and more than 30 years in banking, most recently serving as Senior Vice President and Commercial Relationship Manager for middle-market and corporate clients.
According to the company, Womack will focus on strengthening client relationships, supporting associates, expanding First Horizon’s community presence, and driving growth across the Chattanooga market. A native Chattanoogan and University of Tennessee at Chattanooga graduate, he is also a board member of the Tennessee River Gorge Trust.