First Horizon Corporation (FHN) Sector
Financials

(Current) $21.94
-0.26 (-1.17%) Open Price: 21.94

 

First Horizon Corporation traces its foundation to March 25, 1864, when Frank S. Davis secured a national charter to launch the First National Bank of Memphis amid the Civil War era. The bank navigated multiple major events—Yellow Fever epidemics, the Great Depression—and grew steadily through regional expansion and acquisitions. In 1967 it reorganized into a holding company, adopted the “First Tennessee” name, and by 2004 became First Horizon National Corporation to reflect its broader southeastern U.S. footprint.

 

Core operations today center around First Horizon Bank, which spans roughly 400–500 branches across 12 southern states, providing consumer and business banking, mortgage lending, wealth and trust services, retail brokerage, capital markets, and more. Following its 2020 merger with IberiaBank, the company reinforced its regional presence, unifying its brand to serve nearly $82 billion in assets and about 7,600 employees.

 

Its First Horizon Foundation, established in 1993, has invested over $150 million in southeastern communities. It also supports initiatives in renewable energy, electric vehicle charging, micro grids, and community broadband. The company reinforced its commitment to service when its planned merger with Toronto Dominion Bank fell through in May 2023, prompting a $50 million commitment to its foundation fund.

 

First Horizon continues to deepen its banking and wealth-management platform, recently consolidating IberiaBank’s trust business onto SEI’s platform and building partnerships like one with LPL Financial. Executive leadership remains outward-facing at investor events such as the 2025 RBC Capital Markets conference. With a strong regional branch network, expanding digital capabilities, and steady community investment, First Horizon stands as a leading Southeast U.S. financial institution rooted in local impact and client-focused growth.

 



 

 

(07/08/25) $21.94
(07/10/25) $22.20
(07/10/25) (Qty.)3,918,358
(07/08/25) $21.79
(07/08/25) $22.07
(06/22/25) $19.69
(07/06/25) $22.20
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