First Horizon Corporation, a bank holding company, has received a buy recommendation from UBS.

The company operates in three segments: Regional Banking, Specialty Banking, and Corporate. The Regional Banking segment offers services such as Commercial Banking, Business Banking, Consumer Banking, Private Client, and Wealth Management. It also provides investment, asset management, financial planning, trust, and wealth management services for individual clients.

The Specialty Banking segment focuses on fixed-income securities/capital markets, professional commercial real estate, mortgage warehouse lending, asset-based loans, franchise financing, equipment financing, energy financing, healthcare financing, and tax credit financing. Additionally, it offers treasury management solutions, loan syndications, and international banking services.