First Horizon set to report Q2 earnings on July 15

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Reviewed by
Jubin VScanX News Team
Key Highlights

First Horizon Corporation will report Q2 earnings on July 15, with EPS expected to rise to 53 cents and revenue projected at $881.11 million. Recent analyst ratings include price target increases from Raymond James and JP Morgan, while Barclays lowered its target.

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First Horizon Corporation is scheduled to release its second quarter earnings report before the opening bell on Wednesday, July 15. Analysts expect the Memphis, Tennessee-based company to report quarterly earnings of 53 cents per share, an increase from 45 cents per share in the year-ago period. The consensus estimate for First Horizon’s quarterly revenue is $881.11 million, compared to $833 million reported last year.

On July 1, First Horizon Bank named Jason Triplett as Western North Carolina Area President for the Mid-Atlantic Region. First Horizon shares rose 0.7% to close at $25.85 on Monday.

Analyst Ratings and Price Targets

Several analysts have recently revised their ratings and price targets for First Horizon stock. The following table summarizes the recent actions taken by top-rated analysts:

Analyst Firm Rating Price Target Accuracy Rate Date
Daniel Tamayo Raymond James Outperform $28 67% July 1, 2026
Anthony Elian JP Morgan Neutral $28.5 54% July 1, 2026
Peter Winter DA Davidson Neutral $26 80% April 16, 2026
Christopher McGratty Keefe, Bruyette & Woods Market Perform $26 72% April 16, 2026
Jared Shaw Barclays Overweight $29 70% April 7, 2026

Raymond James analyst Daniel Tamayo maintained an Outperform rating and raised the price target from $26 to $28 on July 1, 2026. JP Morgan analyst Anthony Elian maintained a Neutral rating and increased the price target from $26 to $28.5 on the same date. DA Davidson analyst Peter Winter maintained the stock with a Neutral rating and a price target of $26 on April 16, 2026. Keefe, Bruyette & Woods analyst Christopher McGratty maintained the stock with a Market Perform rating and raised the price target from $25 to $26 on April 16, 2026. Barclays analyst Jared Shaw maintained the stock with an Overweight rating and cut the price target from $30 to $29 on April 7, 2026.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What factors are driving the expected increase in First Horizon's earnings per share compared to the previous year?

How might the recent leadership change in the Western North Carolina region impact the bank's growth strategy?

What are the key risks or opportunities that could influence First Horizon's performance in the second half of the year?

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First Horizon executive named to American Banker innovation list

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Reviewed by
Naman SScanX News Team
Key Highlights

First Horizon Corporation's CIO Mohan Sankararaman was named to American Banker's Most Innovative People in Finance list. The award was presented at the Digital Banking Conference in Orlando. First Horizon holds $84.1 billion in assets and operates across 12 states.

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First Horizon Corporation announced that Mohan Sankararaman, Executive Vice President and Chief Information Officer, was named one of American Banker's Most Innovative People in Finance. The award was presented to Sankararaman in June at the American Banker Digital Banking Conference in Orlando, Florida, where he was a featured speaker alongside Leilani Farol, Senior Vice President and Chief Information Security Officer. This recognition highlights the company's focus on digital banking advancements and leadership in the financial sector.

Company Leadership and Recognition

Tammy LoCascio, Senior Executive Vice President and Chief Operating Officer for First Horizon, commended Sankararaman for his impact and commitment to innovation in financial services. She stated that the honor reflects both his leadership and the quality of ideas the company's teams bring to the future of digital banking. The award underscores the importance of technological leadership within the regional financial services company.

First Horizon Corporation Overview

First Horizon Corp. operates as a regional financial services company with a significant presence in the southern United States. The company's banking subsidiary, First Horizon Bank, operates in 12 states. First Horizon offers a range of services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services.

Key Financial Metrics

Metric Value
Total Assets (as of March 31, 2026) $84.1 billion
Headquarters Memphis, TN
Number of States Operated In 12

The company has been recognized as one of the nation's best employers by Fortune and Forbes magazines and as a Top 10 Most Reputable U.S. Bank.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will First Horizon leverage Sankararaman's leadership to drive specific digital banking initiatives over the next year?

What competitive advantages does this recognition provide First Horizon in the regional banking market?

How might this award influence the company's investment in emerging technologies like AI or blockchain?

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