$FHN

Bank of America identifies stocks with growth potential, including Microsoft (MSFT), UBS (UBS), Expeditors International (EXPD), Timken (TKR), and First Horizon (FHN). Microsoft's AI strategy and Azure growth led to a price target increase to $600. Timken was upgraded to buy, with expectations of higher margins and earnings growth. First Horizon was praised for stability and leadership continuity. All stocks are up this year, with Timken leading at over 40%.

First Horizon, a Memphis-based bank, has extended its partnership with Tennessee Athletics, becoming the first jersey patch sponsor in a $120 million, 10-year deal. The agreement covers multiple sports and includes venue entitlements and influencer marketing support for student athletes. According to the Memphis Business Journal, the bank has been a long-standing partner of the program.

First Horizon Bank will be the official jersey patch sponsor for Tennessee football and other sports teams under a 10-year, $120 million deal. The Memphis-based bank has been a partner of Tennessee Athletics for 34 years and has $84.4 billion in assets. Both Forbes and Fortune have recognized it as a top employer.

First Horizon Bank has signed a 10-year, $120M+ deal to be the official jersey sponsor for the University of Tennessee's football and Olympic sports. The partnership aims to support athletes' personal brands and expand their professional networks. The deal begins with the football season opener on Sept. 5.

ARDOIN ELIZABETH A (SEVP, Chief Communications Ofc) sold 18,313 shares of FIRST HORIZON CORP (FHN) at an average of $24.85 ($24.84–$24.86, $0.46M total) across 5 trades on 2026-08-20.

Simply Wall St reports First Horizon National (FHN) posted Q2 EPS of $0.54, above expectations, citing higher net interest and non-interest income plus loan and deposit growth. The article also notes improved credit quality, a $100 million share repurchase, and a constructive 2026 outlook, alongside a leadership promotion at First Horizon Bank.

First Horizon (FHN) shares rose about 2.4% since its last earnings report, though they lagged the S&P 500. In Q2 2026, EPS was 54 cents vs 52 cents expected, with net income of $260 million. Revenue was $887 million, driven by higher NII and fee income, while expenses rose and capital ratios fell. Outlook calls for 3-7% adjusted revenue growth.

Nigeria’s NGX equities market fell on Tuesday as profit-taking hit banking and other large caps. The NGX All-Share Index dropped 0.73% to 246,723.57 points, cutting market cap by 0.73% to N159.26tn and removing N1.17tn in wealth. Losses in MTN Nigeria, Dangote Sugar Refinery, Nigerian Breweries, and major banks outweighed gains; sector moves were mixed.

First HoldCo Plc’s market capitalization rose above N6 trillion after its shares hit a 52-week high on the NGX. Shares gained 5.48% to N136.65 intraday, with market cap around N6.23 trillion based on 44.45 billion shares. The stock later closed near N134. Chairman Femi Otedola increased his stake to 25.88% via Calvados Global Services, buying 1.77 billion shares for N222.20 billion on July 30.

First Horizon reported Q2 2026 brokered deposits rose 47% to $7.8B as commercial loan growth increased, lifting interest-bearing deposit costs 5 bps to 2.33% and reducing net interest margin 3 bps to 3.49%. Net interest income rose $9M to $679M. Net income rose 12% to $260M, EPS $0.54. Outlook reiterated for 2026.