First Horizon Corporation has been given a positive rating by UBS, indicating a favorable outlook for the bank holding company.
The company primarily provides a range of financial services through its main subsidiary, First Horizon Bank, and operates in three main segments: Regional Banking, Specialty Banking, and Corporate.
The Regional Banking segment includes various business lines such as Commercial Banking, Business Banking, Consumer Banking, and Private Client and Wealth Management services. This segment also offers investment, asset management, financial planning, trust, and wealth management services tailored for private clients.
The Specialty Banking segment focuses on fixed income securities, professional commercial real estate, and various financing solutions including mortgage warehouse lending and energy financing. It also provides treasury management, loan syndication, and international banking services to further diversify its financial offerings.