First Horizon to Unify its Brands
Capital Bank, First Tennessee Bank, to become First Horizon Bank
FTB Advisors, FTN Financial, to become First Horizon Advisors and FHN Financial
New brands to launch officially in fall 2019
Memphis, Tenn. – June 12, 2019 – First Horizon National Corporation (NYSE:FHN) today announced that it will bring together its family of companies under a unified set of brand names and a new logo. In the fall, Capital Bank, First Tennessee Bank, FTB Advisors, and FTN Financial will become First Horizon Bank, First Horizon Advisors and FHN Financial, respectively. The unification of First Horizon’s banking, wealth management and fixed income businesses under a common First Horizon brand represents an important step in the company’s transformation strategy, introduced at its 2018 Investor Day.
“We have a 155-year legacy of transforming our business to meet our customers’ needs and responding to changing environments,” said Bryan Jordan, President and CEO of First Horizon. “Aligning our businesses under our First Horizon brand now represents much more than a name change. It represents our renewed brand promise – we understand that our customers have their own financial horizons and can rely on us to deliver on their individual needs and aspirations.”
In fall 2019, the brand will be introduced through an advertising campaign, rebranding of financial centers, corporate buildings, and customer communication channels. Enhancements for customers include new products, enriched technology and customer innovation labs.
First Horizon’s transformation strategy advances its highly successful relationship-based banking approach to deliver modern individual experiences where data and technology enable rewarding in-person and digital interactions.
“This is a tremendous opportunity to build on our market share in Middle Tennessee, which is already growing by double digit rates for the last three years. We are well positioned in this market and having a unified brand puts us in a stronger competitive position. Now, we are not only the largest bank headquartered in Tennessee – by a long shot – we’re a bank with deep resources and connections across the Southeast, which is a real advantage for our customers. I’m excited about the opportunities ahead.” – Carol Yochem Middle Tennessee President, First Tennessee Bank.
To learn more about First Horizon’s new brand promise, please visit: https://thenewfirsthorizon.com.
About First Horizon
First Horizon National Corp. (NYSE:FHN) provides financial services through its Capital Bank, First Tennessee Bank, FTB Advisors, and FTN Financial businesses. The banking subsidiary was founded in 1864 and has the largest deposit market share in Tennessee. The company operates more than 250 bank locations across the Southeast and 29 FTN Financial offices across the U.S. FTB Advisors wealth management group has more than 300 financial professionals and about $4.8 billion in assets under management. FTN Financial is a capital markets industry leader in fixed income sales, trading and strategies for institutional customers in the U.S. and abroad. The company has been ranked by American Banker magazine among the Top 10 Most Reputable U.S. banks and as one of the nation’s best employers by the National Association for Female Executives and Fortune magazine. More information is available at www.FirstHorizon.com.
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CONTACT: Investor Relations, Aarti Bowman (901) 523-4017, aagoorha@firsthorizon.com
Media Relations, Silvia Alvarez (901) 523-4465, salvarez@firsthorizon.com
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