First Horizon Corporation Anticipates Stock Movement Ahead of Q3 Earnings
By EC Assets · Published
First Horizon Corporation stock may experience a 3.9% movement following its upcoming earnings release. The company is scheduled to release its third-quarter earnings before the opening bell on Thursday, October 15. Analysts expect the Memphis, Tennessee-based company to report quarterly results on this date. First Horizon's stock has risen over 20% in the second half of 2024. This increase was driven by better-than-expected financial performance. A broad re-rating among regional banks also contributed to this movement. Expectations for a more favorable environment further supported the stock's performance. The company's wealth management subsidiary, First Horizon Advisors, Inc. was charged by the Securities and Exchange Commission (SEC). The charge related to failing to maintain and implement certain procedures. First Horizon Advisors, Inc. will pay $325,000 to settle these charges. In July 2026, First Horizon Corporation announced the appointment of Scott Serpico as Senior Vice President, Head of Product. This new role is based in Memphis, Tennessee. The company also announced the results of its 2026 company-run capital stress test in July 2026. First Horizon's preferred stock, FHN.PR.F, offers a 6.4% dividend yield. The company has exhibited a consistent performance record over the last decade. This article is intended for informational purposes only. It does not constitute investment advice.
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