Description

First Horizon Corporation, established in Memphis, Tennessee, in 1864, operates as the parent entity for First Horizon Bank, offering a comprehensive suite of financial services. The company organizes its operations into three main divisions: Regional Banking, Specialty Banking, and Corporate. It provides standard banking services to a broad clientele, including individual consumers, commercial businesses, financial institutions, and government entities. Additionally, the corporation engages in underwriting bank-eligible and other fixed-income securities, selling loans and derivatives, and delivering advisory expertise. Its extensive service portfolio further includes mortgage banking, title insurance and loan-closing solutions, brokerage, correspondent banking, nationwide check processing and remittance services, trust, fiduciary, and agency functions, equipment financing, and investment and financial advisory services. Customers can also access mutual funds, retail insurance products, and credit cards. First Horizon Corporation manages approximately 500 banking offices under the First Horizon Bank brand across 22 U.S. states, complemented by around 400 FHN Financial banking centers located in 12 states. The company officially adopted its current name, First Horizon Corporation, in November 2020, having previously been known as First Horizon National Corporation.