First Horizon

At the Barclays conference, First Horizon presented its "Five Flags" framework targeting small and medium-sized businesses, middle-market banking and specialty businesses to drive cross-selling and deeper banking relationships. Management expects a pre-provision income improvement of more than $100 million in two to three years and reports a current ROTCE of over 15%, with a targeted CET1 ratio of around 10–10.5%. The bank sees advantages in its geographic footprint, improved spreads in the commercial real estate business, strong deposit growth in Q3, and efficiency gains from AI use and targeted capital management. » Mere på de.investing.com

First Horizon posted second-quarter progress with adjusted earnings up year‑over‑year (adjusted EPS growth ~20%), adjusted PPNR rising 8%, and period‑end loan balances up roughly $2 billion year‑over‑year (period‑end loans +$953 million QoQ). Net interest income increased modestly despite a 3 bp margin compression as loan growth offset funding pressure; deposit costs rose slightly with brokered deposits contributing to quarter‑end funding. Credit trends improved: NPLs fell to 0.81%, net charge‑offs remained low and the ACL/loans ratio declined to 1.24%. Capital and shareholder returns stayed active with CET1 at 10.5%, $100 million of buybacks this quarter and tangible book value per share up 7% YoY. » Mere på finance.yahoo.com

Meghan Donelon, senior vice president and head of commercial banking at First Horizon in New Orleans, has been appointed chair of the executive committee of United Way of Southeast Louisiana. The role includes providing strategic leadership for the organization, presiding over board and executive committee meetings, and appointing committee chairs. First Horizon operates bank subsidiaries in 12 U.S. states and reported total assets of $84.4 billion as of June 30, 2026. » Mere på de.investing.com