First Horizon Corporation - FHN STOCK NEWS

First Horizon (NYSE: FHN) has been honored with 19 awards in the 2023 Greenwich Excellence and Best Brand Awards. These recognitions are in the categories of U.S. Small Business Banking and Middle Market Banking, highlighting high-quality service, innovative tools, and valuable insights. The awards were based on feedback from nearly 20,000 businesses and evaluations of over 500 banks across the U.S. Categories included customer satisfaction, cash management, and brand trust. These accolades validate First Horizon's commitment to superior service and strong client relationships.

First Horizon (NYSE: FHN) has been named a top 100 adoption-friendly workplace by the Dave Thomas Foundation for Adoption for the 16th consecutive year. This recognition underscores First Horizon's commitment to providing support to employees growing their families. The ranking was based on financial reimbursement, paid leave, and employee eligibility, analyzed by RTI International. This accolade reinforces First Horizon as an employer of choice, as stated by Tanya Hart, Executive VP and Chief HR Officer.

First Horizon (NYSE: FHN) has been honored as a 2024 VETS Indexes Recognized Employer. This designation highlights the company's dedication to recruiting, hiring, retaining, developing, and supporting veterans and the military-connected community.

According to George Altman, president of VETS Indexes, First Horizon's commitment to veteran employment stood out among a record number of competing organizations. The VETS Indexes Employer Awards are known for their comprehensive evaluation of veteran employer policies, practices, and outcomes.

Dr. Anthony C. Hood, Chief Diversity, Equity, and Inclusion Officer at First Horizon, emphasized the company's commitment to providing opportunities to veterans and their families. The award underscores the company's efforts in veteran job candidate recruiting, employee development, inclusive policies, and support for National Guard and Reserve members.

First Horizon (NYSE: FHN) announced President and CEO Bryan Jordan signed the Statement of Support for the Guard and the Reserve, facilitated by Employer Support of the Guard and Reserve. The program aims to increase employer support for military personnel by encouraging employers to advocate for employee participation in the military. First Horizon pledges to comply with the Uniformed Services Employment and Reemployment Rights Act, provide tools for managing employees in the Guard and Reserve, appreciate the skills of Service members, and support military families. The company recognizes the importance of supportive employers in maintaining the strength of the Nation's Guard and Reserve units.

First Horizon (NYSE: FHN) participated in the American Bankers Association Foundation's 'Teach Children to Save Day,' teaching financial literacy skills to over 7,000 students. Volunteers educated youth on money management, saving, and responsible spending. This initiative reflects First Horizon's commitment to financial education and community impact.

First Horizon reported strong first quarter 2024 results with net income available to common shareholders of $184 million or EPS of $0.33, up 9% over the prior quarter. Adjusted net income available to common shareholders was $195 million or $0.35 per share. The company achieved a 10% growth in adjusted net income, positive operating leverage, stable credit quality, and strong capital and liquidity positions. The Chairman, President, and CEO expressed confidence in the organization's ability to deliver exceptional results to shareholders.

First Horizon 's executives Vernon Stafford and Tanya Hart were recognized as the 2024 Most Influential Executives in Corporate America by Savoy Magazine. Stafford is the senior executive vice president and chief audit executive, while Hart is the executive vice president and chief human resources officer. Both were praised for their positive impact and leadership in their respective roles.

First Horizon appoints Thomas Hung as Chief Credit Officer and announces Susan Springfield's retirement. Hung, with extensive financial services experience, will succeed Springfield effective October 1, 2024. The succession plan aims for a seamless transition, leveraging Hung's background in franchise finance and credit expertise.

First Horizon (NYSE: FHN) announces Tracy Bell as Chief Investment Officer of First Horizon Advisors Inc., bringing 27 years of investment experience. Bell will lead the investment team and Women & Wealth client initiative.