First Horizon

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. » Más en 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. » Más en de.investing.com

First Horizon Bank appoints several leadership roles in the Upper Cumberland region: John Hanson will be market president for Cookeville, Mandy Mathis named vice president and private banking relationship manager, Sherry Maybury appointed head of the main Cookeville branch, and Jennefer Willard named branch manager in Sparta. The appointments are intended to strengthen market strategy, private-banking offerings and on-site customer service. The stock is trading near its 52-week high; First Horizon has paid a dividend for 16 years and currently yields 2.65%. » Más en de.investing.com