First Horizon National Corporation · Memphis, TN United States ·(NYSE: FHN)
Company Description
Phone: 901-523-4444
Fax: 901-523-4266
Toll Free: 800-489-4040
Rankings
- S&P 500
View First Horizon National Corporation Locations On A US Map
This link will open in a new window
This link will open in a new window First Horizon would like to be the first bank people think of in the Volunteer State. The company operates more than 200 First Tennessee Bank branches in its home state and neighboring states. It provides various financial services through three primary business segments: Regional Banking, Mortgage Banking, and Capital Markets. In addition to general banking services, the company also offers securities underwriting, equipment leasing, brokerage services, investments, and insurance. Subsidiaries include investment bank FTN Financial and investment advisors Highland Capital and Martin & Company. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key First Horizon National Corporation Financials
| Company Type | Public - NYSE: FHN Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $2,386.4 |
| 2008 Employees | 6,266 |
First Horizon National Corporation Executives
25 executives listed for First Horizon National Corporation's Memphis, TN location.
| Title | Name & Bio | Contact |
| Chairman | Michael Rose | Network |
| President, CEO, and Director | D. Bryan Jordan | Network |
| EVP and CFO | William Losch | Network |
Competition
Competitive Landscape for First Horizon National Corporation
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top First Horizon National Corporation Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!