|Bid||25.92 x 900|
|Ask||26.13 x 1300|
|Day's Range||25.98 - 26.13|
|52 Week Range||24.13 - 26.74|
|Beta (3Y Monthly)||0.07|
|PE Ratio (TTM)||14.52|
|Forward Dividend & Yield||1.55 (5.98%)|
|1y Target Est||N/A|
As First Horizon ushers in its new look, the company saw increases across several key metrics in its quarterly earnings. Memphis-based First Horizon National Corp. — parent company of Capital Bank, First Tennessee Bank, FTB Advisors, and FTN Financial — released its second quarter 2019 earnings July 16. For the quarter, First Horizon reported earnings per share (EPS) of $0.35 compared to $0.31 in Q1 2019.
First Horizon National Corp. recruited Patrick Kelly from a Fortune 500 financial services firm and Jeffrey Pollard from a hospitality giant.
Today, after nearly 34 years, is the day that Bruce Hopkins will officially retire from First Tennessee
Branch tightening continues in the Triangle, as an out-of-state player with a history of North Carolina deals announced 14 closures statewide – including its locations in Clayton and Zebulon. Memphis-based First Tennessee Bank - soon to be called First Horizon Bank - filed the closure notices with the Office of the Comptroller of the Currency, which disclosed the news Monday. In an email, a bank spokeswoman said First Tennessee is "being thoughtful about the impact these changes will have on our customers and employees," and that a plan was in place to help its employees "transition." "These changes are part of our ongoing strategy that we announced last November at our Investor Day, to create a better, more efficient company positioned to deliver on our goals," stated spokeswoman Amy Tharrington.
Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that's why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]
First Horizon National Corp NYSE:FHNView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate and increasing * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | NeutralShort interest is moderate for FHN with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on June 12. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding FHN totaled $68.15 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
One of the most recognized Memphis brands is getting an overhaul, signifying both its 155-year legacy and its move toward the future.
Football fans know that Nashville is home to the Titans of the National Football League, but according to a recent Forbes report, several titans of the business world also call Music City home. Forbes has released its 2019 Forbes Global 2000 — a list of the 2,000 largest public companies in the world — and four Middle Tennessee-based companies made the cut, led by HCA Healthcare Inc.
Back in 2000, Mark Allen Lee launched Forest Hill Capital, a hedge fund advisor that provides its services to pooled investment vehicles. The firm is based in Little Rock, Arizona and manages clients worldwide. Besides being the founder of the firm, Mark Allen Lee is its current President and Chief Investment Officer. Mr. Lee has […]
The two women will help tailor the bank's services to companies that may have multiple types of deposits and loans.
First Horizon National Corp.'s (FHN) board of directors has approved payment of a quarterly cash dividend on its common stock of $0.14 per share. This equates to a cash dividend of $0.387500 per Depositary Share (NYSE:FHN PrA), which each represent a 1/4000th interest in a share of the Series A Preferred Stock.
“We’ve identified 14 projects that we will do if we can. Basically, we aren’t going to take on any debt, and we are only going to do what we can pay for.”
MBJ's data shows that an area’s fortunes improve exponentially if it can claim multiple corporate HQs, extending to impacts on home values and rental rates.
“Controlling what we can control” — a longstanding theme for First Horizon — was a main talking point during its first quarter earnings.
The bank, based in Memphis, Tennessee, said it had earnings of 31 cents per share. Earnings, adjusted for non-recurring costs, came to 35 cents per share. The results met Wall Street expectations. The ...
The man who created the concept is a well-known figure in the music industry, named twice to Billboard's Power 100 list.
Jim Cramer chats with First Horizon CEO Bryan Jordan off the bank's latest earnings. Jordan gives a prediction on interest rates.