MEMPHIS,
Tenn., June 25, 2024 /PRNewswire/ -- First
Horizon Corp. (NYSE: FHN or "First Horizon") announced that First
Horizon Bank has been recognized on the Forbes list of America's
Best-in-State Banks 2024. This prestigious award is presented by
Forbes and Statista Inc., the world-leading statistics portal and
industry ranking provider. The awards list was announced on
June 18th, 2024, and can
be viewed on the Forbes website.
Financial institutions are the cornerstone of the financial
world and play a central role in stabilizing global systems.
America's Best-In-State Banks 2024 ranking lists the institutions
that stood out for fulfilling the unique financial needs and
expectations of their local communities thereby being most valued
by residents of each state.
The ranking is based on two sources:
- An Independent Survey: Approximately 26,000 U.S. residents were
surveyed online. Participants were asked to name all banks where
they have a checking/savings account and rate it in six different
subdimensions: Trust, Terms & Conditions, Branch Services,
Digital Services, Customer Services, and Financial Advice.
- Publicly Available Reviews: For each bank, in each state, a
sentiment analysis approach of publicly available online text
reviews and ratings was applied.
In each state, the banks with the highest combined score from
the analysis of survey results and publicly available reviews were
awarded. The survey score was rated 80% and publicly available
reviews 20%.
"First Horizon realizes the importance of trust and reputation
when considering your financial institution," said Bryan Jordan, Chairman, President and CEO of
First Horizon. "I am extremely proud for our organization to be
recognized by Forbes as a Best-in-State Bank again this year."
Statista publishes hundreds of worldwide industry rankings and
company listings with high-profile media partners. This research
and analysis service is based on the success of statista.com, the
leading data and business intelligence portal that provides
statistics, relevant business data, and various market and consumer
studies and surveys.
About First Horizon
First Horizon Corp.
(NYSE: FHN), with $81.8 billion
in assets as of March 31, 2024, is a
leading regional financial services company, dedicated to helping
our clients, communities and associates unlock their full potential
with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First
Horizon Bank operates in 12 states across the southern U.S. The
Company and its subsidiaries offer commercial, private banking,
consumer, small business, wealth and trust management, retail
brokerage, capital markets, fixed income, and mortgage banking
services. First Horizon has been recognized as one of the nation's
best employers by Fortune and Forbes magazines and a Top 10 Most
Reputable U.S. Bank. More information is available at
www.FirstHorizon.com.
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SOURCE First Horizon Corporation