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First Horizon Bank history
First Horizon Bank company history timeline
Our story began in 1864, when Ohio businessman Frank S. Davis arrived in Memphis to open the city’s first national bank.
The bank acquired German Bank in 1895.
In 1964, the bank moved into a new 23-story headquarters in downtown Memphis.
By 1967, the bank was the largest bank in the Mid-South, when it was reorganized as the First National Holding Company.
In 1971, the First Tennessee National Corporation was formed to allow the company to acquire other Tennessee banks.
In 1981, the company founded First Express, a check clearing business.
In 1993, the bank acquired MNC Mortgage.
In 1994, the bank acquired Peoples Commercial Services Corporation.
In 1999, to reflect its diversification, the bank adopted the slogan, All Things Financial.
In 2004, the company changed its name to First Horizon National Corporation to reflect its interstate growth.
In May 2007, the company acquired Republic Mortgage, based in Las Vegas.
In September 2007, the company sold 34 branches outside of Tennessee, including 13 branches to M&T Bank, 10 branches to Sterling Bank, 9 branches to Fifth Third, and 2 branches to FMCB Holdings.
In June 2008, the company sold its residential-mortgage origination and servicing business to Metlife.
On June 7, 2013, the bank acquired Mountain National Bank, which suffered from bank failure.
In October 2015, the company acquired TrustAtlantic Bank.
In December 2017, the company acquired Capital Bank Financial for $2.2 billion.
First Horizon announced on June 11, 2019, that in fall of 2019 it would have the same name in all of its markets.
In November 2019, First Horizon National Corporation and Lafayette, Louisiana-based IberiaBank Corporation agreed to merge.
On July 2, 2020 the merger with IberiaBank of Lafayette, Louisiana was completed.
Effective November 30, 2020, it had become First Horizon Corporation.
In a regulatory filing December 1, 2020, the corporation announced it had dropped "National" from its name.
First Horizon National Corp., First Tennessee's holding company, expects all brand signage changes to be complete in early 2020.
At the end of 2020, our parent company dropped "National" from its name, becoming First Horizon Corporation, to more closely align with our First Horizon brand.
On February 28, 2022, Toronto-based TD Bank Group announced that it would acquire First Horizon Corporation in an all-cash deal of $13.4 billion.
©2022 First Horizon Bank.
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First Horizon Bank competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Avenue Financial Holdings | 2006 | - | 176 | - |
| Citi | 1812 | $74.3B | 210,000 | 1,118 |
| Huntington National Bank | 1866 | $4.8B | 25,693 | 1,335 |
| Fifth Third Bank | 1858 | $7.7T | 19,846 | 1,216 |
| M&T Bank | 1856 | $499.3M | 16,840 | 1,031 |
| FNB | 1864 | $1.3B | 4,101 | 5 |
| Old National Bank | 1834 | $347.9M | 2,901 | 614 |
| Ditech | 1995 | $780.4M | 4,900 | - |
| Quicken Loans | 1985 | $12.9B | 17,000 | 141 |
| Heartland Payment Systems | 1997 | $2.1B | 3,734 | 1 |
First Horizon Bank history FAQs
Zippia gives an in-depth look into the details of First Horizon Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about First Horizon Bank. The employee data is based on information from people who have self-reported their past or current employments at First Horizon Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by First Horizon Bank. The data presented on this page does not represent the view of First Horizon Bank and its employees or that of Zippia.
First Horizon Bank may also be known as or be related to FIRST HORIZON NATIONAL CORPORATION, First Horizon Bank, First Horizon Corporation, First Horizon National and First Horizon National Corporation.