first horizon national corp
(FHN:New York)
first horizon national corp (FHN) Snapshot
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Open
$11.29
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Previous Close
$11.23
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Day High
$11.37
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Day Low
$11.22
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52 Week High
05/15/13 - $11.44
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52 Week Low
06/12/12 - $7.44
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Market Cap
2.7B
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Average Volume 10 Days
2.0M
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EPS TTM
$-0.0005
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Shares Outstanding
241.2M
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EX-Date
06/12/13
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P/E TM
--
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Dividend
$0.20
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Dividend Yield
0.70%
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Related News
first horizon national corp (FHN) Related Businessweek News
No Related Businessweek News Foundfirst horizon national corp (FHN) Details
First Horizon National Corporation operates as a bank holding company for First Tennessee Bank National Association that provides various financial services in the United States and internationally. The company offers general banking services for consumers, businesses, financial institutions, and governments. It also provides investments, financial planning, trust, asset management, and cash management services. In addition, the company is involved in fixed income sales and trading activities; underwriting of bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries; loan sales; derivative sales; and provision of advisory services. Further, it offers discount brokerage and full-service brokerage, and correspondent banking services; transaction processing services comprising nationwide check clearing services and remittance processing; trust, fiduciary, and agency services; credit card products; equipment finance; and investment and financial advisory services. Additionally, the company engages in mutual fund and retail insurance sales, as well as provides mortgage banking services. As of March 12, 2013, it had approximately 170 First Tennessee Bank locations in Tennessee. The company was founded in 1968 and is headquartered in Memphis, Tennessee.
first horizon national corp (FHN) Top Compensated Officers
first horizon national corp (FHN) Key Developments
First Horizon National Corporation announced on May 1, 2013, the company’s board of directors amended the company’s bylaws. The amendments were effective as of that date. The amended sections of the bylaws are 3.11, 3.12, 3.13, 4.23, and 10.4, and a new section 10.7 has been added. The amendments are technical in nature. They update the bylaws primarily for the purpose of coordinating with new provisions of Tennessee’s corporation law, primarily those related to electronic signature and delivery of documents. The most extensive changes were made to section 3.12, which pertains to actions taken by directors or officers without a meeting. The amendments also make clear, by adding express language, that a committee may be comprised of a mix of directors and officers. On May 1, 2013, the company’s Board of Directors approved the restatement of the company’s Charter. The restatement was filed with the Tennessee Secretary of State on May 2, 2013 and was effective immediately upon filing. The restatement integrated into the charter document provisions that had been added by previous amendment in connection with the designation of the company’s Non-Cumulative Perpetual Preferred Stock, Series A, in January 2013.
First Horizon National Corp.'s board of directors has approved payment of a quarterly cash dividend on its common stock of $0.05 per share. The dividend is payable on July 1, 2013 to the common shareholders of record on June 14. 2013. The board of directors has also approved payment of a quarterly cash dividend of $1,550.00 per share on FHN's Non-Cumulative Perpetual Preferred Stock, Series A. This equates to a cash dividend of $0.387500 per Depositary Share, which each represents a 1/4000th interest in a share of the Series A Preferred Stock. The dividend is payable on July 10, 2013 to shareholders of record on June 25, 2013.
First Horizon National Corporation Announces Quarterly Dividend for first quarter 2013. For the period raised quarterly common dividend that pay out $0.05 per share.
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Industry Analysis
FHN
Industry Average
| Valuation | FHN | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 2.2x |
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| Price/Book | 1.2x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
Post a JobJobs
- New York, NY | First HorizonPosted: May 16
- Madison, TN | First HorizonPosted: May 16
- Chattanooga, TN | First HorizonPosted: May 16
- Maryville, TN | First HorizonPosted: May 16
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To contact FIRST HORIZON NATIONAL CORP, please visit www.fhnc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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