First Horizon National: Business Overview, Financials & Competitive Analysis

First Horizon National Overview

First Horizon Corporation operates as a bank holding company for First Horizon Bank, offering commercial banking, business banking, consumer banking, and wealth management services through Regional Banking, Specialty Banking, and Corporate segments. Tracing its origins to the First National Bank of Memphis established in 1864, First Horizon has grown through strategic acquisitions and organic expansion to serve customers across the Southeast, including Tennessee, Texas, and the Carolinas, Georgia, and Florida.

Strategic Profile

First Horizon operates a diversified regional banking model across multiple customer segments with specialized financing capabilities in mortgage warehouse lending, healthcare finance, and professional real estate. The company maintains a broad geographic footprint across high-growth Southeast markets, positioning it within the competitive landscape of mid-sized regional banking institutions focused on both traditional and specialized financial services.

Competitive Landscape

First Horizon competes against larger regional and super-regional banks including Zions Bancorporation, Truist Financial, and other Southeast-focused financial institutions. The company differentiates through specialized lending capabilities in healthcare, energy, and franchise finance, competing on service depth rather than pure size in the broader banking market.

Industry Context

First Horizon National operates in Regional Banking & Financial Services.

Key facts

Founded: 1864 · Headquarters: Memphis, Tennessee · Market cap: $12.46B