First Horizon Corporation has been given a Buy rating by UBS due to its strong position in the financial services sector.

The company operates primarily through its subsidiary, First Horizon Bank, and is divided into three main segments: Regional Banking, Specialty Banking, and Corporate.

The Regional Banking segment offers a range of services, including Commercial Banking, Business Banking, Consumer Banking, and Wealth Management. It also provides investment, asset management, financial planning, and trust services to private clients.

The Specialty Banking segment includes major business lines such as fixed income securities, commercial real estate, and various forms of financing, including mortgage warehouse and equipment financing. This segment also offers treasury management, loan syndication, and international banking solutions, demonstrating the company's diverse financial capabilities.