- CEO
- D. Bryan Jordan
- Full Time Employees
- 7,200
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 165 Madison Avenue Memphis TN United States of America 38103
- IPO Date
- Jul 7, 2020
- Business
- First Horizon Corporation functions as a bank holding entity for its primary subsidiary, First Horizon Bank, delivering a broad array of financial solutions. The company organizes its operations across distinct segments: Regional Banking, Specialty Banking, and Corporate activities. It extends comprehensive banking services to individual consumers, various businesses, financial institutions, and governmental bodies. Within its Regional Banking segment, the corporation provides traditional deposit and lending services, including checking and savings accounts, mortgage origination, personal loans, and credit cards. It also caters to commercial clients with business loans, treasury management, and international banking solutions, alongside offering private client and wealth management services such as financial planning, investment management, and trust administration. The Specialty Banking segment focuses on wholesale services, encompassing fixed income and capital markets activities, underwriting of eligible securities, loan sales, and derivative product offerings. This segment further includes specialized lending areas like professional commercial real estate, mortgage warehouse lending, asset-based finance, equipment finance, and solutions for energy, healthcare, and franchise sectors. Meanwhile, the Corporate segment handles broader company functions and transaction processing, including nationwide check clearing. First Horizon Corporation, founded in 1864, maintains its headquarters in Memphis, Tennessee. It operates its banking network, consisting of approximately 416 banking centers, across 12 states in the southern United States. Having recently experienced a termination of an acquisition attempt by TD Bank Group due to regulatory hurdles, the company has intensified its focus on organic expansion, strategic technology investments, and efficient expense management to drive growth. The firm is dedicated to building strong client relationships and is recognized for its commitment to communities.