Regional banking
This part of First Horizon handles everyday banking through branches and digital channels. It provides checking and savings accounts, consumer loans, credit cards, and banking services for small businesses.
Customers
Individuals, households, and small businesses that need day-to-day banking and borrowing services.
Revenue Model
It earns money from loan interest, service charges, and fees on deposit and transaction accounts.
Commercial banking
This part works with middle-market companies and other business clients on larger borrowing and treasury needs. It provides commercial loans, lines of credit, cash management, and related banking services.
Customers
Businesses and organizations that need financing, payment services, and help managing cash flows.
Revenue Model
It makes money from interest on business loans and from fees for treasury, lending, and other banking services.
Wealth and trust
This part helps clients manage investments, retirement assets, estates, and trust accounts. It also provides financial planning and private banking services.
Customers
Affluent individuals, families, and organizations that want help managing money and long-term assets.
Revenue Model
It earns fee income from advisory, trust, and asset management services, along with interest income from related banking relationships.