First Horizon Corporation Stock Price, News & Analysis

First Horizon Corporation (NYSE:FHN) will announce its second quarter 2021 financial results on July 16, 2021. The news release will be available at approximately 6:45 AM ET. A live presentation will follow at 9:30 AM ET, which can be accessed via a webcast or dial-in. Replay options will be available starting at noon CT on the same day until July 30. The company, with $87.5 billion in assets as of March 31, is recognized as a top employer and operates in 12 states offering a wide range of financial services.

First Horizon Corporation (NYSE: FHN) will have its President and CEO, Bryan Jordan, present at the KBW Virtual US Regional Bank Leaders Conference on June 7, 2021, at 12:15 pm ET. A live webcast will be accessible via the events section on their website, with an audio replay also available. First Horizon, headquartered in Memphis, TN, has $87.5 billion in assets as of March 31, 2021, offering a range of financial services across 12 southern U.S. states. The company has received accolades for being one of the nation's best employers and a reputable bank.

First Horizon Corporation (NYSE: FHN) has announced the redemption of all outstanding shares of its Non-Cumulative Perpetual Preferred Stock, Series A, on July 10, 2021. The redemption price is set at $25.00 per Series A Depositary Share, totaling $100,000 per preferred share. This redemption coincides with a dividend payment date; the regular quarterly dividend will be paid separately on July 12, 2021, to shareholders of record as of June 25, 2021. As of March 31, 2021, First Horizon holds $87.5 billion in assets and operates across 12 states.

First Horizon Corporation (NYSE: FHN) is set to participate in the Wells Fargo 2021 Virtual Financial Services Investor Conference on May 19, 2021, at 10:00 am ET. The CFO, William Losch, III, will lead the presentation. Investors can access a live webcast and audio replay through the company's website. First Horizon, headquartered in Memphis, TN, manages $84 billion in assets and provides a range of financial services across the Southeast. The company is recognized as one of the best employers and most reputable banks in the U.S.

First Horizon Corporation (NYSE: FHN) has announced a public offering of depositary shares, representing 1/4,000th interest in its Non-Cumulative Perpetual Preferred Stock, Series F, with a liquidation preference of $100,000 per share. The offering aims to use net proceeds to fully redeem Series A preferred stock and for general corporate purposes. Joint book-running managers include Morgan Stanley, BofA Securities, J.P. Morgan, and others. The offering will be conducted under First Horizon's SEC shelf registration, with documents available on the SEC's website.

First Horizon Corporation (NYSE: FHN) has declared a quarterly cash dividend of $0.15 per share on common stock, payable July 1, 2021. Shareholders must be on record by June 11, 2021. Additionally, the Company announced preferred stock dividends, including $1,550.00 per share on Series A and $331.25 per share on Series B, both payable on August 2, 2021. Series C and Series E preferred stocks also have dividends scheduled, supporting the income for shareholders and reflecting corporate confidence.

DXC Technology (NYSE: DXC) has been selected by First Horizon Bank to provide commercial credit card processing services, targeting a 150% growth in volume. This partnership builds on over a decade of collaboration with IBERIABANK. DXC will offer a comprehensive technology suite, including 24/7 customer support, advanced fraud protection, and a robust card management platform. The relationship reflects First Horizon's commitment to enhancing client experiences and operational efficiency.

First Horizon Corporation reported a first quarter 2021 net income available to common shareholders of $225 million, or $0.40 per share, down from $234 million or $0.42 in Q4 2020. Adjusted earnings increased to $284 million, or $0.51 per share, from $255 million in Q4 2020. The company showed improved credit quality and cost savings of $76 million from merger integration efforts. Tangible book value per share rose to $10.30, a 1% increase. Notable items related to the IBERIABANK merger reduced earnings by $60 million.

First Horizon Corp. (NYSE:FHN) will announce its first quarter financial results on April 21, 2021, before market opening. A conference call is scheduled for 8:30 a.m. CT to discuss earnings and performance trends, available via live webcast. The financial information and presentation will be accessible by 6 a.m. CT on the same day. Investors can participate in the call starting at 8:15 a.m. CT. A replay will be available post-call until May 5, 2021. First Horizon, headquartered in Memphis, TN, manages assets of $84 billion and operates nearly 500 bank locations across the Southeast.