First Horizon Corp Q2 2023 Earnings Call Transcript - Thomson StreetEvents

First Horizon Corp Q2 2023 Earnings Call Transcript

First Horizon Corp Q2 2023 Earnings Call Transcript - Thomson StreetEvents
First Horizon Corp Q2 2023 Earnings Call Transcript
Published Jul 19, 2023
14 pages (8585 words) — Published Jul 19, 2023
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About This Report

  
Abstract:

Edited Transcript of FHN.N earnings conference call or presentation 19-Jul-23 1:30pm GMT

  
Brief Excerpt:

...Operator Good morning, and welcome to the First Horizon Second Quarter 2023 Earnings Conference Call. My name is Carla, and I will be the operator of today's call. (Operator Instructions) I would now like to pass the conference over to our host, Natalie Flanders, Head of Investor Relations. Please go ahead when you're ready. Natalie Flanders ...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
First Horizon Corp
Ticker
FHN.N
Time
1:30pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Broderick Dyer Preston - UBS Investment Bank, Research Division - Analyst : I just wanted to ask, it seems like the interest-bearing deposit growth was a little bit back half weighted when comparing the period end and the average. And so I just wanted to maybe ask on the spot rate of the interest-bearing deposit costs? Do you happen to have what that is at quarter end?

Question: Broderick Dyer Preston - UBS Investment Bank, Research Division - Analyst : Okay. Great. And then, Hope, just within the net interest income guide, I guess, how much of the -- I think you were just a little bit below the low end of the 2Q guide, but you maintained and I know you changed the forward curve outlook that you're using as it evolved. So I just wanted to kind of ask how much did the removal of the -- I think you had a couple of cuts -- a handful of cuts in the back half of the year kind of baked into the previous guidance. How much did the removal of those cuts add to the net interest income guidance? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. JULY 19, 2023 / 1:30PM, FHN.N - Q2 2023 First Horizon Corp Earnings Call

Question: Broderick Dyer Preston - UBS Investment Bank, Research Division - Analyst : Okay. And then I wanted to ask one just on the fixed rate loan portfolio. Do you happen to know what the dollar amount of fixed rate loans is that's repricing over the next 12 months? And do you know what the current yield on those loans that are repricing is?

Question: Broderick Dyer Preston - UBS Investment Bank, Research Division - Analyst : Okay. Great. And what are current origination yields? I'm sorry, if you mentioned that and I missed it.

Question: Broderick Dyer Preston - UBS Investment Bank, Research Division - Analyst : Got it. Okay. And then last one for me. Just within the AFS portfolio, do you happen to know what the effective duration is of that portfolio? And then I guess within that duration calculation, do you know what conditional prepayment rate you guys are using to come up with that duration?

Table Of Contents

First Horizon Corp at RBC Capital Markets Global Financial Institutions Conference Transcript – 2024-03-06 – US$ 54.00 – Edited Transcript of FHN.N presentation 6-Mar-24 1:40pm GMT

First Horizon Corp Q3 2023 Earnings Call Summary – 2023-10-18 – US$ 54.00 – Edited Brief of FHN.N earnings conference call or presentation 18-Oct-23 1:30pm GMT

First Horizon Corp Q3 2023 Earnings Call Transcript – 2023-10-18 – US$ 54.00 – Edited Transcript of FHN.N earnings conference call or presentation 18-Oct-23 1:30pm GMT

First Horizon Corp at Barclays Global Financial Services Conference Transcript – 2023-09-12 – US$ 54.00 – Edited Transcript of FHN.N presentation 12-Sep-23 1:00pm GMT

First Horizon Corp Q2 2023 Earnings Call Summary – 2023-07-19 – US$ 54.00 – Edited Brief of FHN.N earnings conference call or presentation 19-Jul-23 1:30pm GMT

First Horizon Corp at Morgan Stanley US Financials, Payments, and CRE Conference Summary – 2023-06-14 – US$ 54.00 – Edited Brief of FHN.N presentation 14-Jun-23 7:15pm GMT

First Horizon Corp at Morgan Stanley US Financials, Payments, and CRE Conference Transcript – 2023-06-14 – US$ 54.00 – Edited Transcript of FHN.N presentation 14-Jun-23 7:15pm GMT

First Horizon Corp Investor Day Summary – 2023-06-06 – US$ 54.00 – Edited Brief of FHN.N corporate analyst meeting</ 6-Jun-23 1:30pm GMT

First Horizon Corp Investor Day Transcript – 2023-06-06 – US$ 54.00 – Edited Transcript of FHN.N corporate analyst meeting</ 6-Jun-23 1:30pm GMT

First Horizon Corp - Investor Call Summary – 2023-05-04 – US$ 54.00 – Edited Brief of FHN.N M&A conference call or presentation 4-May-23 11:30am GMT

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Thomson StreetEvents. "First Horizon Corp Q2 2023 Earnings Call Transcript" Jul 19, 2023. Alacra Store. May 12, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2023-First-Horizon-Corp-Earnings-Call-T15638645>
  
APA:
Thomson StreetEvents. (2023). First Horizon Corp Q2 2023 Earnings Call Transcript Jul 19, 2023. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2023-First-Horizon-Corp-Earnings-Call-T15638645>
  
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