First Horizon Corp at RBC Capital Markets Global Financial Institutions Conference Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: Jon Arfstrom - RBC Capital Markets - Analyst : <_ALACRA_META_ABSTRACT>Talk a little bit about that momentum. You had a good fourth quarter. How are you feeling about momentum, rolling into '25?

Question: Jon Arfstrom - RBC Capital Markets - Analyst : Okay. Good. (Conference Instructions) How are you feeling, in general, about the economy? It's topical today, obviously. But that's not really why I'm asking the question. But how are you feeling about the economy? And how does that translate into your pipelines?

Question: Jon Arfstrom - RBC Capital Markets - Analyst : And the feedback from borrowers on some of these visits?

Question: Jon Arfstrom - RBC Capital Markets - Analyst : Okay. How about the Mortgage Warehouse Business? Is there an update on that?

Question: Jon Arfstrom - RBC Capital Markets - Analyst : So nothing really unusual compared to what you would expect in this kind of environment?

Question: Jon Arfstrom - RBC Capital Markets - Analyst : Yeah. For sure. Okay. Sources of growth. Talk a little bit about loan mix? And where you see, maybe, runoff or planned runoff and where you see a little more optimism?

Question: Jon Arfstrom - RBC Capital Markets - Analyst : So, maybe, a little seasonality early but it feels fine?

Question: Jon Arfstrom - RBC Capital Markets - Analyst : Yeah. Talk a little bit about some of the margin levers. You did a portfolio restructure and it feels like you have momentum in the margin. Give us an update, in terms of what you're thinking there.

Question: Jon Arfstrom - RBC Capital Markets - Analyst : So consistent message on the margin, with some improvement in the first quarter. But you're feeling good about margin expansion, from there? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. MARCH 04, 2025 / 7:40PM, FHN.N - First Horizon Corp at RBC Capital Markets Global Financial Institutions Conference

Question: Jon Arfstrom - RBC Capital Markets - Analyst : And you're still getting the repricing of the deposits?

Question: Jon Arfstrom - RBC Capital Markets - Analyst : Okay. Good. Fixed Income Business. Can you give us an update, in terms of how that's performing and what kind of expectations you have there?

Question: Jon Arfstrom - RBC Capital Markets - Analyst : Okay. You've been pretty open about making preparations, the LFI requirements. Where are you in that journey? And how do you

Question: Jon Arfstrom - RBC Capital Markets - Analyst : And you have some time?

Question: Jon Arfstrom - RBC Capital Markets - Analyst : What's the most expensive part? Or what part of it bothers you the most, in terms of getting prepared for them?

Question: Jon Arfstrom - RBC Capital Markets - Analyst : Okay. You used the term optionality. In a couple of years, it feels like you're prepared to organically grow through it. I think some people look at you, today, and say it's a ceiling or a cliff. What's your answer on that?

Question: Jon Arfstrom - RBC Capital Markets - Analyst : You've probably never been asked that question before.

Question: Jon Arfstrom - RBC Capital Markets - Analyst : Absolutely. Can you talk a little bit about capital deployment and what your plans are? It feels like you still have more room and, maybe, it keeps getting a little bit better, over time, in terms of where you can take your capital ratios.

Question: Jon Arfstrom - RBC Capital Markets - Analyst : Okay. We've got a few minutes left, if anyone has any questions. Okay. What are you getting the most investor questions on? What do they want to know?

Question: Jon Arfstrom - RBC Capital Markets - Analyst : Okay. Anything you want to share on lessons learned? Call this May of '23 to where we are, today?

Question: Jon Arfstrom - RBC Capital Markets - Analyst : Okay. So a lot of focus on M&A, obviously. And I'm sure you maybe get annoyed with these questions. But what is the Bryan Jordan thought process? And you were partnered with a bigger institution. But, at the same time, I hear you say you can grow through $100 billion on your own and you're not that bothered by it. But what's your current view?

Question: Jon Arfstrom - RBC Capital Markets - Analyst : Okay. Seems like you're in a good spot.

Question: Jon Arfstrom - RBC Capital Markets - Analyst : Yeah. Okay. Well, thank you, Bryan, for being here. (inaudible)