First Horizon National Corporation

Regional Bankingfhnc.com

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

Regional banking services
Commercial lending
Wealth management
Treasury management
Title insurance

Where First Horizon National Corporation is headquartered

Location

Headquarters

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 offering

Core 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 profile

Segments3 records

Ideal customer profiles3 records

First Horizon National Corporation technology and API

Technology

Technology 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 signal

Partnerships

Six partnerships are on record, tiered core and minor.

Cari NetworkcoreTechnology or Integration · 23 March 2026First 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 or Integration · 23 March 2026Technology partner providing ZKsync's Prividium infrastructure for the Cari Network tokenized deposit network, enabling blockchain-based banking services for regional banks.
Huntington BancsharesminorStrategic or Co-development Partner · 23 March 2026Regional bank partner collaborating with First Horizon on the Cari Network for stablecoin creation and tokenized deposit network development.
M&T BankminorStrategic or Co-development Partner · 23 March 2026Regional bank partner collaborating on the Cari Network tokenized deposit network initiative.
KeyCorpminorStrategic or Co-development Partner · 23 March 2026Regional bank partner working with First Horizon on the Cari Network for tokenized deposit network development.
Old National BancorpminorStrategic or Co-development Partner · 23 March 2026Regional 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 assessment

Direct 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 financial estimates

Financial estimate

Revenue estimate

Valuation estimate

First Horizon National Corporation leadership team

Management profile

Number of profiles

Profiles7 records

First Horizon National Corporation subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

First Horizon National Corporation funding detail

Funding detail

Funding 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 investment

M&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?

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.