First Horizon Corporation

First Horizon Corporation is a financial services corporation that operates as a bank holding company through its subsidiary First Horizon Bank. The company provides a broad suite of banking products and services to individual consumers, including checking and savings accounts, personal loans, mortgages, and wealth management solutions. For business clients, it offers commercial banking services such as commercial loans, lines of credit, treasury management, and commercial real estate financing. First Horizon Corporation primarily serves customers located in the southeastern United States, where it maintains a network of banking branches and digital channels. Its service delivery combines physical branch locations with online and mobile banking platforms to support retail, commercial, and institutional customer segments. The organization emphasizes relationship-based lending and community-focused banking as part of its market approach.

First Horizon Corporation is a publicly traded company, with its shares listed on the New York Stock Exchange. As a regulated financial institution, it is subject to oversight by federal banking agencies including the Federal Reserve, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation. The holding company structure places First Horizon Bank as the operating subsidiary that conducts the core banking activities. In April 2021, the company experienced a cybersecurity incident in which attackers used stolen credentials and exploited a third‑party software vulnerability to gain unauthorized access to online banking accounts. The incident resulted in fraudulent withdrawals under one million dollars and the exposure of customer information, prompting the firm to reimburse affected customers, notify regulators and law enforcement, reset passwords, and remediate the vulnerability. First Horizon Corporation assessed that the breach would not materially impact its business operations or financial condition.