First Horizon Bank Appoints Mike Holly as SVP, Head of Deposit Product Management
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6d ago
0mins
Source: PRnewswire
- Executive Appointment: First Horizon Bank announces Mike Holly as Senior Vice President, Head of Deposit Product Management, tasked with optimizing consumer and small business deposit strategies, which is expected to enhance client experience and market competitiveness.
- Extensive Experience: Holly brings over 12 years of industry experience from USAA, most recently as Executive Director overseeing deposits fee income, overdraft, and funds availability, providing a strong product management background to drive the company's strategic goals.
- Military Background: Having served over eight years in the U.S. Air Force Reserve, Holly demonstrates strong leadership and teamwork skills, which are anticipated to bring fresh perspectives and innovative thinking to the bank's product management team.
- Company Strength: As of December 31, 2025, First Horizon Corp. boasts $83.9 billion in assets, positioning itself as a leading regional financial services company dedicated to providing comprehensive financial solutions, thereby reinforcing its presence in the southern U.S. market.
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Analyst Views on FHN
Wall Street analysts forecast FHN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FHN is 26.25 USD with a low forecast of 23.00 USD and a high forecast of 28.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Analyst Rating
8 Buy
9 Hold
0 Sell
Moderate Buy
Current: 24.200
Low
23.00
Averages
26.25
High
28.00
Current: 24.200
Low
23.00
Averages
26.25
High
28.00
About FHN
First Horizon Corporation is a regional financial services company. The Company is a financial holding company. The Company’s principal subsidiary, and only banking subsidiary, is First Horizon Bank (the Bank). Through the Bank and other subsidiaries, it offers commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. Its segments include Commercial, Consumer & Wealth; Wholesale; and Corporate. The Commercial, Consumer & Wealth segment offers financial products and services, including traditional lending and deposit taking, to commercial and consumer clients primarily in the southern United States and other selected markets. The Wholesale segment includes mortgage warehouse lending, franchise finance, correspondent banking, and mortgage. Additionally, the Wholesale segment has a line of business focused on fixed-income securities sales, trading, underwriting, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
First Horizon to Participate in Bank of America Financial Services Conference
- Executive Participation: First Horizon's Chairman and CEO Bryan Jordan, along with CFO Hope Dmuchowski, will participate in the Bank of America Financial Services Conference on February 11, 2026, showcasing the company's strategy and outlook.
- Live Webcast Available: The event will feature a live webcast and audio replay accessible via the First Horizon Investor Relations website, ensuring investors can stay updated on the company's latest developments and future prospects.
- Significant Asset Base: As of December 31, 2025, First Horizon reported total assets of $83.9 billion, highlighting its strong position and influence in the regional financial services market.
- Diverse Service Offerings: The company operates in 12 states, providing a range of financial services including commercial banking, private banking, and wealth management, aimed at helping clients and communities unlock their potential, thereby reinforcing its market position.
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First Horizon Corporation Declares Quarterly Cash Dividend
- Dividend Increase: First Horizon Corporation announced an increase in its quarterly cash dividend to $0.17 per share, up $0.02 (13%) from the previous quarter, reflecting the company's strong business performance and ongoing ability to return value to shareholders.
- Shareholder Returns: In 2025, the company returned over $1.2 billion to shareholders, demonstrating its sustained confidence in growth, share buybacks, and dividends, while aiming for a long-term return on tangible common equity (ROTCE) of over 15%.
- Preferred Stock Dividends: The company also declared cash dividends on its Series C, E, and F preferred stocks, amounting to $165, $1,625, and $1,175 per share respectively, enhancing its appeal to preferred shareholders.
- Asset Scale: As of December 31, 2025, First Horizon Corporation reported total assets of $83.9 billion, positioning itself as a leading regional financial services company dedicated to providing comprehensive financial solutions to clients and communities.
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