First Horizon Corporation Common Stock (FHN)

Exploring FIRST HORIZON CORP's Technical Signals and Breakout Potential: Based on good technical signals, FIRST HORIZON CORP is potentially setting up for a breakout.

FIRST HORIZON CORP (NYSE:FHN) has a good technical rating of 10 out of 10 and could possibly break out.

Wall Street paused for a breather on Thursday, following Wednesday's big rally sparked by a softer-than-predicted December inflation report that fueled speculation on the Federal Reserve delivering interest rate cut

FIRST HORIZON CORP (NYSE:FHN) has a good technical rating of 10 out of 10 and could possibly break out.

Strong Q4 earnings from U.S. banks, including Morgan Stanley, Bank of America, U.S. Bancorp, First Horizon, and PNC Financial. Mixed stock reactions.

Major US banks report strong Q4 2024 earnings and upbeat 2025 guidance. Performance driven by NII, fee revenue, and expense management. Stocks rise.

Promising Signs: FIRST HORIZON CORP Setting the Stage for a Breakout.

Analysts at three investment banks are optimistic about regional banks, highlighting several factors likely to improve sector fundamentals.

According to JPMorgan, regional bank stocks have strong potential for gains in 2025, driven by pro-business policies, rate cuts, and M&A activity.

TD Bank will pay $3 billion in penalties and face U.S. growth limits in a settlement over money laundering failures, including a guilty plea and a four-year FinCEN oversight.

First Horizon Corp (FHN​​​​​​​) is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee. Over the past year, FHN’s share price rose 53.5% as of Wednesday’s market close.