First Horizon National traded at $24.21 this Friday April 24th, decreasing $0.50 or 2.02 percent since the previous trading session. Looking back, over the last four weeks, First Horizon National lost 6.51 percent. Over the last 12 months, its price rose by 35.93 percent. Looking ahead, we forecast First Horizon National to be priced at 23.69 by the end of this quarter and at 22.20 in one year, according to Trading Economics global macro models projections and analysts expectations.
First Horizon Corporation is a bank holding company, which provides diversified financial services primarily through its principal subsidiary, First Horizon Bank (the Bank). The Company's segments include Regional Banking, Specialty Banking and Corporate. The Regional Banking segment offers financial products and services, including traditional lending and deposit taking, to consumer and commercial clients primarily in the southern United States and other selected markets. This segment also provides investment, wealth management, financial planning, trust and asset management services. The Specialty Banking segment consists of specialty Banking lines of business, which includes asset-based lending, mortgage warehouse lending, commercial real estate, franchise finance, correspondent banking, equipment finance, mortgage, and title insurance. This segment also delivers treasury management solutions, loan syndications, and international banking.