- Business
- First Horizon Corporation (NYSE: FHN-PF), founded in 1864 and headquartered in Memphis, Tennessee, operates as the bank holding company for First Horizon Bank, providing a comprehensive range of financial services through its Regional Banking, Specialty Banking, and Corporate segments across 12 states primarily in the Southeastern United States. The Regional Banking segment offers deposit products, commercial loans, consumer loans and investments, wealth management, financial planning, trust and asset management services; the Specialty Banking segment provides wholesale banking services including fixed income and capital markets, professional commercial real estate finance, mortgage warehouse lending, asset-based lending, franchise finance, equipment finance, energy finance, healthcare finance, trucking and transportation finance, treasury management solutions, loan syndications, and international banking; additional services encompass corporate and correspondent banking, transaction processing such as check clearing and remittance processing, credit card products, mutual fund investments, retail insurance sales, and fiduciary and agency services to individual consumers, businesses, institutions, and high-net-worth clients. In recent developments, First Horizon announced a partnership with LPL Financial's Institutional Services in April 2025 to support its wealth management arm, First Horizon Advisors, managing approximately $16 billion in client assets across 110 advisors; the company transitioned its legacy IBERIABANK wealth management business to SEI's platform to enhance scalability and operational efficiency; and CEO Bryan Jordan indicated openness to pursuing a well-structured merger or acquisition within its footprint in 2026 or beyond amid an improving regulatory environment.