First Horizon National Corporation
First Horizon National Corporation is a regional financial services company founded in 1864 and headquartered in Memphis, Tennessee, operating through First Horizon Bank across 12 southern U.S. states. It provides commercial and consumer banking, wealth management, title insurance, and capital markets services with $84.1 billion in assets.
- Company typePublic
- Founded1864
- HeadquartersMemphis, United States
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What First Horizon National Corporation does
First Horizon National Corporation is a regional financial services company founded in 1864 and headquartered in Memphis, Tennessee, that operates primarily through its wholly owned banking subsidiary First Horizon Bank. As of March 31, 2026, the company reported $84.1 billion in total assets, placing it among the top 25 U.S. commercial banks by asset size, and serves consumer, commercial, and wealth clients across 12 states in the southern United States. The company is listed on the NYSE under ticker FHN and is subject to standard bank regulatory oversight with a reported CET1 ratio of 10.6%.
The company's revenue model is anchored by net interest income from commercial and industrial lending, commercial real estate, and consumer lending, supplemented by fee-based services that include treasury management, wealth advisory, mortgage warehouse operations, and title insurance. First Horizon employs a relationship-banking go-to-market strategy executed through branch-based distribution, dedicated commercial banking teams, and wealth management advisors, with a stated strategy of cross-selling additional fee-based services into the existing portfolio to expand PPNR. FY2025 revenue totaled $3.35 billion with $1.89 in EPS (31% year-over-year growth), and Q1 2026 delivered $862 million in revenue and $0.53 EPS (beating consensus by 6%) while sustaining 15.1% adjusted ROTCE for a third consecutive quarter.
On the technology front, First Horizon has invested in AI for fraud detection and customer service, and in March 2026 joined the Cari Network consortium with Huntington Bancshares, M&T Bank, KeyCorp, and Old National Bancorp to develop a tokenized deposit network using Matter Labs' ZKsync Prividium blockchain infrastructure for 24/7 settlement. Distribution is being expanded through 10-20 new branch openings annually in the Carolinas, Texas, and Middle Tennessee, while capital return has totaled approximately $1.2 billion to shareholders in 2025 through a 7% share count reduction via buybacks and a 13% dividend increase to $0.17 per share, extending a 15-consecutive-year dividend payment track record.
First Horizon National Corporation firmographics
Firmographics- Name
- First Horizon National Corporation
- Legal name
- First Horizon National Corporation
- Website
- https://fhnc.com
- Company type
- Public
- Founded year
- 1864
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- First Horizon National Corporation is a regional financial services company founded in 1864 and headquartered in Memphis, Tennessee, operating through First Horizon Bank across 12 southern U.S. states. It provides commercial and consumer banking, wealth management, title insurance, and capital markets services with $84.1 billion in assets.
- Ownership category
- akta.pro rank
First Horizon National Corporation industry classification
Industry- Product category
- Regional Banking
- NAICS
- Commercial Banking (52211)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Consumer & Retail (CPG, Food, Apparel) (FSABACAM)
Keywords
Where First Horizon National Corporation is headquartered
LocationHeadquarters
- HQ city
- Memphis
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
First Horizon National Corporation business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Net Interest Income: Interest income from lending activities including commercial and industrial loans, commercial real estate, and consumer lending. The bank reported 6% year-over-year net interest income growth driven by loan growth and asset-sensitive balance sheet.
- Fee-based Services: Treasury management, wealth advisory services, mortgage warehouse operations, and other fee income streams. The company is focused on cross-selling initiatives to grow fee income by extracting additional PPNR from existing portfolio.
- Title Insurance: Title insurance services as part of the company's diversified financial services offerings through its banking subsidiary.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Quarterly | Common stock quarterly dividend |
Distribution channels4 records
Marketing channels5 records
First Horizon National Corporation product offering
Product offeringCore offering
First Horizon National Corporation is a regional financial services company that, through its subsidiary First Horizon Bank, provides consumer and commercial banking, wealth management, title insurance, and capital market services across 12 states in the southern United States. The company delivers checking and savings accounts, commercial and industrial lending, commercial real estate lending, treasury management, private banking, trust and estate planning, and investment advisory services to individuals, businesses, and high-net-worth clients.
Product overview
First Horizon Corporation operates as a regional financial services company offering a unified suite of banking, title insurance, wealth management, and capital market services through its primary banking subsidiary, First Horizon Bank. The company's portfolio spans consumer and business banking (checking, savings, lending), wealth management (private banking, trust services, investment management), title insurance, and capital market services. Services are designed to address clients' current financial needs while planning for longer-term goals, with an emphasis on relationship banking across the southern United States.
Differentiator
Problem solved
Functional benefit
Brands
- First Horizon Wealth Management: Marketing name for wealth-related services available to First Horizon clients, including private banking, trust services, and wealth management.
- First Horizon Bank
Products and services
- First Horizon Bank
- Wealth Management
- Private Banking
- Trust Services
- Title Insurance
- Capital Market Services
Quantifiable outcome
- Q1 2026 EPS of $0.53, beating analyst forecast of $0.50 by 6%
- +7 more outcomes
Companies that use First Horizon National Corporation
Customer profileSegments3 records
Ideal customer profiles3 records
First Horizon National Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
First Horizon National Corporation partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Cari NetworkcoreFirst Horizon is working with Cari Network to develop a tokenized deposit network for banks using Matter Labs and ZKsync's Prividium blockchain infrastructure. The platform will enable participating US regional banks to access FDIC-insured tokenized deposits, 24/7 instant settlement, and programmable payment capabilities while maintaining compliance and privacy controls.
- Matter LabscoreTechnology partner providing ZKsync's Prividium infrastructure for the Cari Network tokenized deposit network, enabling blockchain-based banking services for regional banks.
- Huntington BancsharesminorRegional bank partner collaborating with First Horizon on the Cari Network for stablecoin creation and tokenized deposit network development.
- M&T BankminorRegional bank partner collaborating on the Cari Network tokenized deposit network initiative.
- KeyCorpminorRegional bank partner working with First Horizon on the Cari Network for tokenized deposit network development.
- Old National BancorpminorRegional bank partner in Cari Network, with Old National's chief transformation officer confirming the bank views Cari as a strategic partner for the initial design phase.
Scale indicators16 records
Recent moves5 records
Expansion highlights6 records
First Horizon National Corporation competitors and assessment
Company assessmentDirect peers
- Pinnacle Financial Partners: Nashville, Tennessee-headquartered regional bank that is a direct in-market competitor of First Horizon Bank in Tennessee, with overlapping commercial banking, wealth management, and small business banking services across Middle Tennessee — First Horizon's announced expansion geography.
- Fifth Third Bancorp: Cincinnati-based regional bank holding company of comparable scale to First Horizon (~$200B in assets), operating a diversified regional commercial and consumer banking franchise with similar reliance on net interest income, commercial lending, and fee-based wealth services.
- Truist Financial Corporation: Charlotte, North Carolina-based regional bank holding company with a significant Carolinas and broader Southeast U.S. footprint that directly overlaps First Horizon's core Carolinas expansion geographies; similar diversified business mix spanning commercial banking, wealth management, and capital markets.
- Huntington Bancshares: Columbus, Ohio-based regional bank of similar scale and product mix (commercial banking, payments, wealth), explicitly named as a co-development partner with First Horizon in the Cari Network blockchain deposit initiative.
- Regions Financial Corporation: Birmingham, Alabama-based regional bank holding company with a similar Southern U.S. retail and commercial banking footprint spanning the same Sun Belt geography as First Horizon; both serve similar middle-market, small business, and consumer customers with overlapping branch density.
- M&T Bank Corporation: Buffalo, New York-based regional bank holding company of comparable size that operates a similar community-focused commercial and consumer banking model with treasury management and wealth services; named as a Cari Network partner with First Horizon.
- KeyCorp: Cleveland-based regional bank of similar size with a comparable diversified commercial, consumer, and capital markets franchise; partnered with First Horizon in the Cari Network tokenized deposit initiative, sharing exposure to programmable banking infrastructure.
- Citizens Financial Group: Providence, Rhode Island-based regional bank holding company with a comparable diversified commercial banking, consumer, and wealth management franchise; similar asset size profile and reliance on NII-led earnings, providing a useful public-market comparable.
- Synovus Financial: Columbus, Georgia-based regional bank with a Southeast commercial and consumer banking footprint that materially overlaps First Horizon's Southern U.S. geography and offers similar commercial, treasury management, and wealth management capabilities to mid-market clients.
- First Citizens BancShares: Raleigh, North Carolina-headquartered regional bank with significant operations in the Carolinas that directly competes with First Horizon's core commercial and wealth management franchises in North Carolina and the broader Southeast.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
First Horizon National Corporation social profiles
Digital presenceFirst Horizon National Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
First Horizon National Corporation leadership team
Management profileNumber of profiles
Profiles7 records
First Horizon National Corporation subsidiaries and ownership
Company hierarchySubsidiaries2 records
First Horizon National Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
First Horizon National Corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about First Horizon National Corporation
What does First Horizon National Corporation do?
First Horizon National Corporation is a regional financial services company that, through its subsidiary First Horizon Bank, provides consumer and commercial banking, wealth management, title insurance, and capital market services across 12 states in the southern United States. The company delivers checking and savings accounts, commercial and industrial lending, commercial real estate lending, treasury management, private banking, trust and estate planning, and investment advisory services to individuals, businesses, and high-net-worth clients.
Is First Horizon National Corporation a public or private company?
First Horizon National Corporation is a public company. It is classified as public and is currently operating.
When was First Horizon National Corporation founded?
First Horizon National Corporation was founded in 1864. It employs 5,001 to 10,000 people.
Where is First Horizon National Corporation based?
First Horizon National Corporation is headquartered in Memphis, United States, in the North America region.
How does First Horizon National Corporation make money?
Three revenue lines are on record. Net Interest Income is the primary driver. The others are fee-based Services and title Insurance.
Who are First Horizon National Corporation's main competitors?
Direct peers on record are Pinnacle Financial Partners, Fifth Third Bancorp, Truist Financial Corporation, Huntington Bancshares, Regions Financial Corporation, M&T Bank Corporation, KeyCorp, Citizens Financial Group, Synovus Financial and First Citizens BancShares.
Does First Horizon National Corporation have an API?
No public API is recorded for First Horizon National Corporation.
What industry is First Horizon National Corporation in?
First Horizon National Corporation's product category is Regional Banking. Its primary akta.pro industry code is FSABACAM, Consumer & Retail (CPG, Food, Apparel). Its NAICS code is 52211 and its SIC code is 6022.