First Horizon Corporation - FHN STOCK NEWS

First Horizon Corporation (NYSE: FHN) is set to participate in the Wells Fargo 2021 Virtual Financial Services Investor Conference on May 19, 2021, at 10:00 am ET. The CFO, William Losch, III, will lead the presentation. Investors can access a live webcast and audio replay through the company's website. First Horizon, headquartered in Memphis, TN, manages $84 billion in assets and provides a range of financial services across the Southeast. The company is recognized as one of the best employers and most reputable banks in the U.S.

First Horizon Corporation (NYSE: FHN) has announced a public offering of depositary shares, representing 1/4,000th interest in its Non-Cumulative Perpetual Preferred Stock, Series F, with a liquidation preference of $100,000 per share. The offering aims to use net proceeds to fully redeem Series A preferred stock and for general corporate purposes. Joint book-running managers include Morgan Stanley, BofA Securities, J.P. Morgan, and others. The offering will be conducted under First Horizon's SEC shelf registration, with documents available on the SEC's website.

First Horizon Corporation (NYSE: FHN) has declared a quarterly cash dividend of $0.15 per share on common stock, payable July 1, 2021. Shareholders must be on record by June 11, 2021. Additionally, the Company announced preferred stock dividends, including $1,550.00 per share on Series A and $331.25 per share on Series B, both payable on August 2, 2021. Series C and Series E preferred stocks also have dividends scheduled, supporting the income for shareholders and reflecting corporate confidence.

DXC Technology (NYSE: DXC) has been selected by First Horizon Bank to provide commercial credit card processing services, targeting a 150% growth in volume. This partnership builds on over a decade of collaboration with IBERIABANK. DXC will offer a comprehensive technology suite, including 24/7 customer support, advanced fraud protection, and a robust card management platform. The relationship reflects First Horizon's commitment to enhancing client experiences and operational efficiency.

First Horizon Corporation reported a first quarter 2021 net income available to common shareholders of $225 million, or $0.40 per share, down from $234 million or $0.42 in Q4 2020. Adjusted earnings increased to $284 million, or $0.51 per share, from $255 million in Q4 2020. The company showed improved credit quality and cost savings of $76 million from merger integration efforts. Tangible book value per share rose to $10.30, a 1% increase. Notable items related to the IBERIABANK merger reduced earnings by $60 million.

First Horizon Corp. (NYSE:FHN) will announce its first quarter financial results on April 21, 2021, before market opening. A conference call is scheduled for 8:30 a.m. CT to discuss earnings and performance trends, available via live webcast. The financial information and presentation will be accessible by 6 a.m. CT on the same day. Investors can participate in the call starting at 8:15 a.m. CT. A replay will be available post-call until May 5, 2021. First Horizon, headquartered in Memphis, TN, manages assets of $84 billion and operates nearly 500 bank locations across the Southeast.

First Horizon Corporation (NYSE:FHN) will have its President and CEO, Bryan Jordan, in a virtual fireside chat at the RBC Capital Markets Global Financials Conference on March 9, 2021, at 2:40 p.m. ET. The event will be webcast live, with an audio replay available for six months after the conference. First Horizon, based in Memphis, TN, boasts $84 billion in assets and nearly 500 bank locations across the Southeast. Known for its employment reputation and extensive financial services, the company emphasizes its commitment to clients and communities.

First Horizon Corporation (NYSE: FHN) announced that CFO William Losch will participate in a virtual conference hosted by KBW on February 11, 2021, at 1:15 p.m. ET. The event will feature a live webcast and an audio replay available for 14 days post-event. Interested parties can access links to the webcast and associated materials through the company's investor relations website. The presentation may involve forward-looking statements subject to risks and uncertainties, as detailed in recent earnings reports and filings. First Horizon is a leading regional financial services company with $84 billion in assets.

On February 2, 2021, First Horizon Bank selected Finxact to enhance its VirtualBank brand through modern core banking solutions. The Memphis-based bank, with $84 billion in assets and over one million customers, is aiming to strengthen its product and service delivery post-merger with IBERIABANK. This conversion to Finxact's cloud core marks a significant step in its modernization strategy, allowing First Horizon to compete more effectively in the evolving financial landscape.