Latest news with #FirstHorizon
Yahoo
4 days ago
- Business
- Yahoo
Jim Cramer on First Horizon Corporation (FHN): 'I Like First Horizon Very, Very Much'
We recently published a list of . In this article, we are going to take a look at where First Horizon Corporation (NYSE:FHN) stands against other stocks that Jim Cramer discussed recently. A caller asked about First Horizon Corporation (NYSE:FHN) and noted that its merger with TD Bank was terminated in 2023. Cramer replied: 'I like First Horizon very, very much. I like it very much. I think it should be bought. It's a terrific situation, and I'm still thinking that what the heck happened to that deal? Because man, whoever buys that franchise is going to do incredibly well. That is a nice growth franchise.' First Horizon (NYSE:FHN) provides a broad range of financial services, including commercial, consumer, and wealth management banking, alongside specialized lending and treasury solutions. The company also offers corporate banking, transaction processing, credit products, and investment services. An experienced banker offering financial advice to a young couple. On May 20, Jefferies initiated coverage of First Horizon (NYSE:FHN) with a Buy rating and set a price target of $25. The firm began covering 32 regional and mid-cap banks, describing the outlook as positive. According to the firm, despite uncertainty around tariffs, factors like a potential recovery in loan growth if the U.S. avoids recession, wider net interest margins due to a steeper yield curve, strong credit metrics, surplus capital for strategic moves, and appealing valuations could benefit banks. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
3 Reliable Dividend Stocks To Consider With Yields Up To 8.7%
Over the last 7 days, the United States market has dropped by 1.4%, but over the longer term, it has risen by 11% in the past year with earnings forecast to grow by 14% annually. In this fluctuating environment, reliable dividend stocks can offer a steady income stream and potential for growth, making them an attractive option for investors seeking stability and returns. Name Dividend Yield Dividend Rating Columbia Banking System (NasdaqGS:COLB) 6.09% ★★★★★★ First Interstate BancSystem (NasdaqGS:FIBK) 7.10% ★★★★★★ Dillard's (NYSE:DDS) 6.15% ★★★★★★ Ennis (NYSE:EBF) 5.34% ★★★★★★ Chevron (NYSE:CVX) 5.06% ★★★★★★ Credicorp (NYSE:BAP) 5.35% ★★★★★☆ Southside Bancshares (NYSE:SBSI) 5.12% ★★★★★☆ Valley National Bancorp (NasdaqGS:VLY) 5.06% ★★★★★☆ Huntington Bancshares (NasdaqGS:HBAN) 4.02% ★★★★★☆ Carter's (NYSE:CRI) 9.89% ★★★★★☆ Click here to see the full list of 146 stocks from our Top US Dividend Stocks screener. Let's take a closer look at a couple of our picks from the screened companies. Simply Wall St Dividend Rating: ★★★★★☆ Overview: First Horizon Corporation, with a market cap of $9.86 billion, operates as the bank holding company for First Horizon Bank, offering a range of financial services. Operations: First Horizon Corporation's revenue segments include Wholesale generating $430 million and Commercial, Consumer, and Wealth contributing $2.85 billion. Dividend Yield: 3% First Horizon's dividend yield of 3.04% is reliable, with a stable payout history over the past decade. The company's dividends are well covered by earnings, with a current payout ratio of 41.5%, projected to decrease to 32.5% in three years, indicating sustainability. Recent activities include share buybacks totaling $488.87 million and amendments to company bylaws affecting board composition. Additionally, First Horizon has declared cash dividends on various preferred stock series payable in mid-2025. Unlock comprehensive insights into our analysis of First Horizon stock in this dividend report. The analysis detailed in our First Horizon valuation report hints at an deflated share price compared to its estimated value. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: GeoPark Limited is an oil and natural gas exploration and production company operating in several Latin American countries, with a market cap of $346.91 million. Operations: GeoPark Limited generates revenue primarily from its oil and gas exploration and production segment, amounting to $630.77 million. Dividend Yield: 8.7% GeoPark's dividend yield is among the top 25% in the U.S. market, supported by a low payout ratio of 38.5%, indicating sustainability despite a volatile six-year payment history. The company declared a quarterly dividend of $0.147 per share, approximately $7.5 million, payable June 2025. Although recent earnings showed declines with net income at $13.07 million for Q1 2025, new leadership under Felipe Bayon could influence future performance and strategy execution in core assets like Vaca Muerta and Llanos 34 Block. Take a closer look at GeoPark's potential here in our dividend report. In light of our recent valuation report, it seems possible that GeoPark is trading behind its estimated value. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Southern Copper Corporation is involved in mining, exploring, smelting, and refining copper and other minerals across Peru, Mexico, Argentina, Ecuador, and Chile with a market cap of $73.11 billion. Operations: Southern Copper Corporation's revenue segments include $6.60 billion from Mexican Open-Pit operations, $4.84 billion from Peruvian Operations, and $713.10 million from the Mexican Industrial Minera Mexico and Subsidiaries (IMMSA) Unit. Dividend Yield: 3% Southern Copper's dividend payments are supported by a reasonable payout ratio of 43.6%, covered by both earnings and cash flows, but have been historically volatile over the past decade. Despite this instability, dividends have grown in the same period. Recent financial results show strong performance with Q1 2025 sales at US$3.12 billion and net income at US$945.9 million, reflecting a significant year-over-year increase, though its dividend yield remains below the top U.S. payers at 3.03%. Navigate through the intricacies of Southern Copper with our comprehensive dividend report here. According our valuation report, there's an indication that Southern Copper's share price might be on the expensive side. Navigate through the entire inventory of 146 Top US Dividend Stocks here. Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly. Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:FHN NYSE:GPRK and NYSE:SCCO. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Journals
22-05-2025
- Health
- Business Journals
Birmingham contractor completes $17 million Memphis project
2025 Health Care Heroes Presented by First Horizon Submit your nomination now for the 2025 Health Care Heroes Awards! **Nominations extended to 5/23!**
Malaysian Reserve
21-05-2025
- Business
- Malaysian Reserve
First Horizon Marks 15 Years of Teaching Kids to Save with Record Impact
Associates Educate 8,900 Students during the 2025 program MEMPHIS, Tenn., May 21, 2025 /PRNewswire/ — First Horizon Corporation (NYSE: FHN) is pleased to announced it served a record number of students through the American Bankers Association Foundation's Teach Children to Save program, equipping 8,900 children with hands-on financial education to build lifelong money management skills. As part of the nationwide initiative, associates taught lessons at schools and youth organizations throughout the company's footprint, teaching concepts such as saving, budgeting and responsible spending. 'We are incredibly proud of our long-standing 15-year partnership with the American Bankers Association Foundation and its incredible Teach Children to Save program,' said Beth Ardoin, Chief Communications Officer for First Horizon. 'With 100 percent market participation, 440 of our associates helped bridge a crucial knowledge gap by teaching essential money skills often left out of the traditional school curriculum. Introducing these concepts early helps young people build confidence, make informed decisions and establish habits that support long-term financial health and success.' The Teach Children to Save initiative is one of many financial education and literacy programs First Horizon supports to help individuals and families make informed financial decisions. Learn more about First Horizon's commitment to community involvement here. About First Horizon Corp. (NYSE: FHN), with $81.5 billion in assets as of March 31, 2025, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at
Yahoo
21-05-2025
- Business
- Yahoo
First Horizon Marks 15 Years of Teaching Kids to Save with Record Impact
Associates Educate 8,900 Students during the 2025 program MEMPHIS, Tenn., May 21, 2025 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) is pleased to announced it served a record number of students through the American Bankers Association Foundation's Teach Children to Save program, equipping 8,900 children with hands-on financial education to build lifelong money management skills. As part of the nationwide initiative, associates taught lessons at schools and youth organizations throughout the company's footprint, teaching concepts such as saving, budgeting and responsible spending. "We are incredibly proud of our long-standing 15-year partnership with the American Bankers Association Foundation and its incredible Teach Children to Save program," said Beth Ardoin, Chief Communications Officer for First Horizon. "With 100 percent market participation, 440 of our associates helped bridge a crucial knowledge gap by teaching essential money skills often left out of the traditional school curriculum. Introducing these concepts early helps young people build confidence, make informed decisions and establish habits that support long-term financial health and success." The Teach Children to Save initiative is one of many financial education and literacy programs First Horizon supports to help individuals and families make informed financial decisions. Learn more about First Horizon's commitment to community involvement here. About First Horizon Corp. (NYSE: FHN), with $81.5 billion in assets as of March 31, 2025, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at View original content to download multimedia: SOURCE First Horizon Corporation
