first horizon corporation receives buy rating from ubs

First Horizon Corporation has been given a positive rating by UBS, indicating a favorable outlook for the bank holding company.

The company primarily offers a wide range of financial services through its main subsidiary, First Horizon Bank. It operates in three main segments: Regional Banking, Specialty Banking, and Corporate.

The Regional Banking segment focuses on various business lines, including Commercial Banking, Business Banking, Consumer Banking, and Private Client and Wealth Management. It also offers investment, asset management, financial planning, trust, and wealth management services tailored for private clients.

The Specialty Banking segment includes major business lines such as fixed income securities, professional 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, expanding its comprehensive service portfolio.

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