Latest news with #FirstHorizonBank
Yahoo
22-05-2025
- Business
- Yahoo
Here's Why First Horizon National (FHN) is a Strong Momentum Stock
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics. For momentum investors, upward or downward trends in a stock's price or earnings outlook take precedent, so they'll want to zero in on the Momentum Style Score. This Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates. First Horizon Corporation is a financial services company based in Memphis, TN. It provides diversified financial services, mainly via its principal subsidiary First Horizon Bank. First Horizon Bank's principal divisions and subsidiaries operate under the brands of First Horizon Bank, IBERIABANK, First Horizon Advisors and FHN Financial. The company offers regional banking, mortgage lending, title insurance, specialized commercial lending, commercial leasing and equipment financing, brokerage, wealth management and capital market services. It operates through three business segments. FHN is a Zacks Rank #3 (Hold) stock, with a Momentum Style Score of B and VGM Score of B. Shares are down 4.6% over the past one week and up 11.7% over the past four weeks. FHN has gained 21.4% in the last one-year period as well. Looking at trading volume, an average of 4,037,287.25 shares exchanged hands over the last 20 trading days. A company's earnings performance is important for momentum investors as well. For fiscal 2025, three analysts revised their earnings estimate higher in the last 60 days for FHN, while the Zacks Consensus Estimate has increased $0.04 to $1.71 per share. FHN also boasts an average earnings surprise of 6.5%. Investors should take the time to consider FHN for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Horizon Corporation (FHN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Malaysian Reserve
06-05-2025
- Business
- Malaysian Reserve
First Horizon Bank Joins FedEx St. Jude Championship as 2025 Official Financial Services Sponsor
First Horizon to serve as presenting sponsor of tournament Pro-Am and Pairings Party MEMPHIS, Tenn., May 6, 2025 /PRNewswire/ — First Horizon Bank (NYSE: FHN) and tournament officials announced today that First Horizon Bank has been named as Official Financial Services sponsor of the 2025 FedEx St. Jude Championship at TPC Southwind, August 6-10, 2025, and will also serve as presenting sponsor of the tournament's Pairings Party and Championship Pro-Am on Wednesday, August 6, 2025. 'We are excited to welcome First Horizon Bank as the Official Financial Services sponsor of the 2025 championship,' said Robert Miller, Sales Director of the FedEx St. Jude Championship. 'As a Memphis-based company, First Horizon Bank's commitment to investing and engaging in our community aligns perfectly with our mission of creating meaningful impact in the Bluff City. With the support of First Horizon, we look forward to elevating our Pro-Am experience for the participants and enhancing Wednesday overall for all guests on-site.' 'We are proud to be the Official Financial Services sponsor of this year's championship,' said Bo Allen, First Horizon Bank Midsouth Regional President. 'Opportunities like this to collaborate with community leaders are an easy 'yes.' Partnering with these world-class organizations showcases our shared commitment to excellence and deepens our connection across the region.' First Horizon Bank's 161-year legacy extends beyond Memphis with more than 400 banking center locations across the southeast U.S. and its unique position offers the best of both a large and small bank – including the capital to fund big ideas and growth and the nimbleness and service mindset to create great client experiences. Golf's postseason tees off at the 2025 FedEx St. Jude Championship, which invites the top 70 players in the FedExCup Playoffs and Eligibility Points List at the conclusion of the regular season with only 50 players advancing to the following week's BMW Championship. TPC Southwind plays host to the four-day, no-cut opening Playoffs event for the fourth year. 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 About the FedEx St. Jude Championship The FedEx St. Jude Championship is the first of three events in the FedExCup Playoffs, the culmination of the season-long competition that is the centerpiece of the PGA TOUR Season. Played August 6-10 at TPC Southwind, the FedEx St. Jude Championship features the top 70 players in the FedExCup Playoffs and Eligibility Points List at the conclusion of the regular season. The City of Memphis has held a PGA TOUR event every year since 1958, and 2025 will mark Memphis' fourth year hosting a Playoffs event. Since 1970, Memphis' PGA TOUR stop has raised more than $80 million for the tournament's primary charitable beneficiary, St. Jude Children's Research Hospital, helping to ensure patients' families never receive a bill and can focus solely on helping their child. About PGA TOUR By showcasing golf's greatest players, the PGA TOUR engages, inspires and positively impacts our fans, partners and communities worldwide. The PGA TOUR, headquartered in Ponte Vedra Beach, Florida, co-sanctions tournaments on the PGA TOUR, PGA TOUR Champions, Korn Ferry Tour, PGA TOUR Americas and administers PGA TOUR Q-School presented by Korn Ferry and PGA TOUR University. TOUR members represent the world's best players, hailing from 28 countries and territories. Showcasing the biggest moments in the sport with history and legacy on the line, the PGA TOUR has long-term domestic distribution partnerships for broadcast coverage on CBS, NBC and Golf Channel and video streaming service on ESPN+. Internationally, PGA TOUR coverage is available across 200+ countries and territories in 30 languages via 39 broadcast and digital partners. Virtually all tournaments are organized as non-profit organizations to maximize charitable giving, and to date, tournaments across all Tours have generated more than $4 billion. Fans can follow the PGA TOUR via: the PGA TOUR app and social media channels, including YouTube, Facebook, Instagram (in Spanish, Korean and Japanese), LinkedIn, TikTok, X (in English, Spanish and Japanese); the PGA TOUR Channel on Free Ad-Supported Television (FAST) platforms such as the Roku Channel, Samsung TV Plus, PlutoTV, Xumo, LG Channels, Tubi, Amazon's Freevee, FireTV and Alexa devices; and WhatsApp (in English and Spanish), WeChat, Weibo, Toutiao and Douyin. View original content to download multimedia: SOURCE First Horizon Bank
Yahoo
02-04-2025
- Business
- Yahoo
Phoenix Service Partners Secures $350 Million in Capital to Support Rapid Growth
COLLEGE STATION, Texas, April 2, 2025 /PRNewswire/ -- Phoenix Service Partners ("Phoenix) is pleased to announce the successful closing of a $150 million asset-based lending (ABL) facility that includes an additional $100 million accordion feature. This strategic financing initiative was closed concurrently with Phoenix's $100 million equity partnership agreement, further strengthening the company's financial foundation and growth trajectory. The ABL facility is made up of a bank group, including First Horizon Bank, as Administrative Agent and Joint Lead Arranger, Texas Capital Bank, as Joint Lead Arranger, and other participating financial institutions. The ABL facility will enable the company to continue its strategic growth initiatives, invest in operational efficiencies, and meet market compression demands. These transactions underscore Phoenix's strategic vision to build the premier gas compression service company. With the support of its financial partners, Phoenix is poised to accelerate its expansion across key regions, while maintaining its dedication to operational excellence and customer satisfaction. "Securing this credit facility is a testament to the strength of Phoenix and our commitment to long-term growth," said Randy Dean, CEO of Phoenix. "By aligning this financing with our equity partnership agreement, we are well-positioned to expand our market presence, invest in best-in-class equipment, and deliver superior value and service to our customers and partners." "We are excited to be partnering with a group of experienced financial institutions, led by First Horizon Bank. Forrest Taylor and his team at First Horizon Bank bring a wealth of compression industry knowledge, great attention to detail, and high integrity. We look forward to working with them and our other bank partners as we execute Phoenix's growth plan." – Jacob Campbell, CFO of Phoenix. For media inquiries or further information, please contact: Kyle BoudousquieChief Legal OfficerPhoenix Service Partners, LLC(979) About Phoenix Service Partners Phoenix is a contract gas compression service provider specializing in extra-large horsepower, low-emission natural gas compression equipment. The company provides turnkey natural gas compression solutions to blue-chip customers operating in the key oil and gas basins in North America. Phoenix's leadership team brings decades of experience in delivering industry-leading runtimes and exceptional customer service and maintains a passion for doing things better. For more information, please visit View original content to download multimedia: SOURCE Phoenix Service Partners Sign in to access your portfolio
Yahoo
20-02-2025
- Yahoo
Dramatic video shows bold armored truck robbery on Valentine's Day in Memphis
Memphis Police are investigating an armored truck robbery at a bank ATM that was captured on video. On Friday, Feb. 14, at 8:20 a.m. Memphis Police officers responded to a robbery call at First Horizon Bank at 140 Mitchell Road in Southwest Memphis. No arrests have been made. Officers were told three male suspects in a white Nissan Altima, who were armed with assault rifles, robbed an armored truck as the employee was servicing an ATM at the bank. The robbers took a large amount of cash according to police. Police released video of the incident as the search for robbery suspects intensified. One portion of the video, apparently pulled from a traffic camera as a school bus waits at the intersection, shows a vehicle matching the suspects pulling out of the gas station. Another portion of the video captures the moments when the robbers surprised the armored-car employee with their rifles. The three suspects in the white Nissan Altima were described as follows: Suspect #1: A thin man in his mid-20s, approximately 5'10', wearing a black hoodie, black pants, red gloves and a black ski mask. He was armed with a black assault rifle. Suspect #2: A man with an average build, approximately 5'11' – 6'0″, wearing a red/white Coke jacket, blue jeans, gray gloves and a black ski mask. He was armed with a black assault rifle. Suspect #3: A thin man in his mid-20s, approximately 5'10', wearing a black hoodie, black pants, red gloves and a black ski mask. He was armed with a black assault rifle. Police are asking those with information to call CRIME STOPPERS at (901) 528-CASH This article originally appeared on Memphis Commercial Appeal: Memphis armored truck robbery video shows heist at First Horizon
Yahoo
20-02-2025
- Yahoo
Masked robbers point ARs at guard in bold ATM heist caught on chilling video
A group of brazen thieves were seen pointing assault rifles in the face of a cash-in-transit guard before making off with large sums of cash from an ATM, wild video released by police in Tennessee shows. The heart-pounding video, taken from the guard's body camera, shows the guard opening the door of his armored truck as the base of the ATM is open, exposing several cash boxes. The incident took place at the First Horizon Bank at 140 Mitchell Road in Memphis at 8:20 a.m. on Feb. 14. The video shows a white Nissan Altima then rolling up behind the ATM before three masked and armed men swarm around the unsuspecting guard. Memphis Home Invasion Bandit Captured 17 Years After Victim Chopped Off His Finger At Crime Scene "Don't do it, don't do it!' one of the thieves barks at the guard. "Don't move," another says as they point their ARs at the guard to the sounds of their weapons clicking. The perpetrators then pull three large cash boxes out of the ATM while still pointing their deadly weapons at the guard. Read On The Fox News App They then jump into the Nissan and speed away from the scene. It's unclear exactly how much cash the perps stole, but police said it was "a large amount." California's Serial 'Snake Burglar' Set Free Under Woke Laws, Prosecutor Says The suspects are described as Black males in their mid-20s who are still at large, police said. One suspect is around 5 feet 10 inches tall, with a thin build and was wearing a black hoodie, black pants, red gloves and a black ski mask. The second suspect is 5 feet 11 inches tall, with an average build and was wearing a red and white "Coke" labeled jacket, blue jeans, gray gloves, and a black ski mask. Click To Get The Fox News App The third suspect is 5 feet 10 inches tall with a thin build and was wearing a black hoodie, black pants, red gloves and a black ski mask. The Memphis Police Department said the investigation is ongoing. The incident comes despite crime dropping in the city last year. Total crime decreased by 13.3% compared to 2023, with homicides down by 30% and motor vehicle thefts reduced by 39%, according to citing police article source: Masked robbers point ARs at guard in bold ATM heist caught on chilling video
