First Horizon Corp. Files 8-K on Financials

Ticker: FHN-PH · Form: 8-K · Filed: Jul 17, 2024 · CIK: 36966

Sentiment: neutral

Topics: financial-reporting, 8-k

Related Tickers: FHN

TL;DR

FDIC filing shows FHN updated on financials, no major news yet.

AI Summary

First Horizon Corp. filed an 8-K on July 17, 2024, to report on its results of operations and financial condition. The filing also includes information related to Regulation FD disclosure and financial statements and exhibits. No specific financial figures or operational details were provided in the excerpt.

Why It Matters

This 8-K filing indicates that First Horizon Corp. is providing updates on its financial performance and operational results to the public.

Risk Assessment

Risk Level: low — The filing is a standard 8-K reporting operational and financial information, not indicating any immediate or significant risks.

Key Players & Entities

FAQ

What specific financial results or operational updates are detailed in this 8-K filing?

The provided excerpt of the 8-K filing for First Horizon Corp. indicates that it pertains to 'Results of Operations and Financial Condition' but does not contain specific financial figures or operational details.

When was this 8-K filing submitted to the SEC?

This 8-K filing was submitted on July 17, 2024.

What other information is included in this filing besides financial results?

The filing also includes information related to Regulation FD Disclosure and Financial Statements and Exhibits.

What is the primary business of First Horizon Corp. according to the filing?

According to the filing, First Horizon Corp. is classified under Standard Industrial Classification 6021, which corresponds to National Commercial Banks.

Has First Horizon Corp. operated under different names previously?

Yes, First Horizon Corp. was formerly known as First Horizon National Corp. (name change on 20040422), First Tennessee National Corp. (name change on 19920703), and First Tennessee Banks Inc. (name change on 19600201).

Filing Stats: 1,311 words · 5 min read · ~4 pages · Grade level 13 · Accepted 2024-07-17 06:39:44

Key Financial Figures

Filing Documents

02. Results of Operations and Financial Condition

ITEM 2.02. Results of Operations and Financial Condition.

01. Regulation FD Disclosure

ITEM 7.01. Regulation FD Disclosure. Furnished as Exhibit 99.1 is a copy of the First Horizon Corporation ("FHN" or "First Horizon") Second Quarter 2024 Earnings Release, released today. Furnished as Exhibit 99.2 is a copy of the Investor Slide Presentation for the quarter ended June 30, 2024, released today. Exhibits 99.1 and 99.2 are furnished pursuant to Item 2.02, "Results of Operations and Financial Condition" and Item 7.01, "Regulation FD Disclosure." The exhibits speak as of the date thereof and FHN does not assume any obligation to update in the future the information therein. Use of Non-GAAP Measures and Regulatory Measures that are not GAAP in the Exhibits Certain measures included in the exhibits furnished by this report are "non-GAAP," meaning they are not presented in accordance with generally accepted accounting principles in the U.S. and also are not codified in U.S. banking regulations currently applicable to FHN. Although other entities may use calculation methods that differ from those used by FHN for non-GAAP measures, FHN's management believes such measures are relevant to understanding the financial condition, capital position, and financial results of FHN and its business segments. Non-GAAP measures are reported to FHN's management and Board of Directors through various internal reports. The non-GAAP measures included in the exhibits furnished by this report are identified in the exhibits, where used and in the reconciliations to GAAP measures. Reconciliations of non-GAAP to GAAP measures and presentation of the most comparable GAAP items are presented near the end (immediately before the Glossary) of Exhibit 99.1-Earnings Release and at the end of Exhibit 99.2-Investor Slide Presentation. Presentation of regulatory measures, even those which are not GAAP, provides a meaningful base for comparability to other financial institutions subject to the same regulations as FHN, as demonstrated by their use by banking regulators in review

Forward-Looking Statements

Forward-Looking Statements The exhibit furnished by this report contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements pertain to FHN's beliefs, plans, goals, expectations, and estimates. Forward-looking statements are not a representation of historical information, but instead pertain to future operations, strategies, financial results, or other developments. Forward-looking statements can be identified by the words "believe," "expect," "anticipate," "intend," "estimate," "should," "is likely," "will," "going forward," and other expressions that indicate future events and trends. Forward-looking statements are necessarily based upon estimates and assumptions that are inherently subject to significant business, operational, economic, and competitive uncertainties and contingencies, many of which are beyond FHN's control, and many of which, with respect to future business decisions and actions (including acquisitions and divestitures), are subject to change and could cause FHN's actual future results and outcomes to differ materially from those contemplated or implied by forward-looking statements or historical performance. Examples of uncertainties and contingencies include those mentioned: in the exhibit; in the forepart, and in Items 1, 1A, and 7, of FHN's most recent Annual Report on Form 10-K; and in the forepart, and in Item 1A of Part II, of FHN's Quarterly Report(s) on Form 10-Q filed after that Annual Report this year. FHN assumes no obligation to update or revise any forward-looking statements that are made in the exhibits or in any other statement, release, report, or filing from time to time. Throughout the exhibits furnished by this report, numbers may not foot due to rounding, and references to EPS are full

01. Financial Statements and Exhibits

ITEM 9.01. Financial Statements and Exhibits. (d) Exhibits Each of the following Exhibits 99.1 and 99.2, furnished pursuant to Items 2.02 and 7.01, is not to be considered "filed" under the Securities Exchange Act of 1934, as amended ("Exchange Act"), and shall not be incorporated by reference into any of FHN's previous or future filings under the Securities Act of 1933, as amended, or the Exchange Act. Exhibit # Description 99.1 First Horizon Corporation Second Quarter 2024 Earnings Release 99.2 First Horizon Corporation Investor Slide Presentation for the quarter ended June 30, 2024 104 Cover Page Interactive Data File, formatted in Inline XBRL FIRST HORIZON CORPORATION 3 FORM 8-K CURRENT REPORT 07/17/2024

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FIRST HORIZON CORPORATION (Registrant) Date: July 17, 2024 By: /s/ Hope Dmuchowski Hope Dmuchowski Senior Executive Vice President—Chief Financial Officer (Duly Authorized Officer and Principal Financial Officer) FIRST HORIZON CORPORATION 4 FORM 8-K CURRENT REPORT 07/17/2024

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