First Horizon Corporation (FHN)

In the past six months, First Horizon Corp.'s stock price has increased by approximately 11.87% over six months and 5.50% over the last year. Key events include announcing a $1.2 billion share repurchase program and declaring cash dividends in October 2025. The company reported third-quarter 2025 earnings exceeding expectations, with adjusted earnings per share of $0.51. The stock experienced an 11% selloff due to management comments about potential acquisitions, leading to a downgrade by Evercore ISI. Shaun Mcdougall was appointed as Head of Consumer Banking in August 2025. First Horizon reported Q2 EPS of $0.45 in July 2025. The stock price has shown recent positive movement, with a 5.41% increase in the past month.

Specific demand seasonality information for First Horizon Corp.'s products and services is limited. However, there was a mention of soft business loan demand as a near-term risk, suggesting that business lending can experience fluctuations influenced by economic conditions and business investment cycles.

First Horizon Corporation is a bank holding company for First Horizon Bank, providing financial services through Regional Banking, Specialty Banking, and Corporate segments. It offers commercial, business, consumer banking, private client, and wealth management services, including deposit accounts, loans, wealth investment, financial planning, and corporate banking services.

First Horizon Bank operates approximately 414 to 416 branches across 12 states, mainly in the southeastern United States, with a significant presence in Tennessee, North Carolina, and Florida. The company's headquarters are in Memphis, Tennessee, and its subsidiary, FHN Financial, has locations in numerous states across the U.S.

First Horizon Corp. has received positive recognition, including being named to Forbes America's Best Companies 2026 List, and several leaders were recognized at American Banker's 2025 Most Powerful Women in Banking Conference. There were no significant negative events impacting its brand reputation beyond the stock-related downgrade due to M&A comments.

Institutional investors hold a significant majority of First Horizon Corp. stock, owning approximately 80% to 82% of the company. Major institutional owners include BlackRock, Inc. and Vanguard Group Inc. Insider ownership is relatively low, with insiders holding about 1.04% of the stock.