Description

First Horizon Corporation functions as the bank holding company for First Horizon Bank, delivering a comprehensive suite of financial services. The organization's operations are structured across three primary divisions: Regional Banking, Specialty Banking, and Corporate. The corporation extends general banking solutions to a diverse clientele, including individual consumers, commercial enterprises, other financial institutions, and governmental bodies. Beyond traditional banking, First Horizon engages in the underwriting of bank-eligible and other fixed-income securities. It also facilitates the sale of loans and various derivative products, alongside providing expert advisory services. Its broad spectrum of offerings encompasses mortgage banking, title insurance and loan-closing support, and brokerage services. Furthermore, it handles correspondent banking, nationwide check clearing and remittance processing, as well as trust, fiduciary, and agency functions. The company also provides equipment financing and both investment and financial advisory services. Additionally, clients can access mutual funds, retail insurance products, and credit cards through First Horizon. Across the United States, First Horizon maintains a substantial physical presence. It operates roughly 500 banking offices across 22 states under its primary First Horizon Bank brand, complemented by approximately 400 banking centers in 12 states operating under the FHN Financial brand. Previously known as First Horizon National Corporation, the company officially adopted its current name, First Horizon Corporation, in November 2020. Established in 1864, its corporate headquarters are situated in Memphis, Tennessee.