Stratrix
On the Record · First Horizon

First Horizon acquisitions, on the record

The businesses First Horizon bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
title services business
Word for word“In third quarter of 2022, we sold our title services business, recognizing a $22 million pre-tax gain.” 10-K for 2023
agreed divestiturethird quarter of 2022$22 million pre-tax gain
IBERIABANK Corporation
Word for word“In July 2020, we completed a merger of equals transaction with IBERIABANK Corporation and purchased 30 branches from Truist Bank, making 2020 a transformative year.” 10-K for 2023
mergerJuly 2020—
30 branches purchased from SunTrust Bank (now Truist Bank)
Word for word“In July 2020, we purchased 30 branches in North Carolina (20), Virginia (8), and Georgia (2) from SunTrust Bank (now 11 2023 FORM 10-K ANNUAL REPORT ITEM 1. BUSINESS Table of Contents Truist Bank).” 10-K for 2023
acquisitionJuly 2020—
FHN Financial Main Street Advisors assets
Word for word“In addition, other income included a gain of $9 million on the disposition of FHN Financial Main Street Advisors assets in 2023 and a gain of $22 million from the sale of the title services business in 2022.” 10-K for 2023
agreed divestiture2023gain of $9 million
IBERIABANK Corporation (IBKC)
Word for word“In July 2020, we closed our merger of equals with IBERIABANK Corporation (“IBKC”).” 10-K for 2024
acquisitionIn July 2020, we closed our merger of equals with IBERIABANK Corporation (“IBKC”).—
30 branches in North Carolina, Virginia, and Georgia purchased from SunTrust Bank (now Truist Bank)
Word for word“In July 2020, we purchased 30 branches in North Carolina (20), Virginia (8), and Georgia (2) from SunTrust Bank (now Truist Bank).” 10-K for 2024
acquisitionIn July 2020—
30 branches from Truist Bank
Word for word“In July 2020, we completed a merger of equals transaction with IBERIABANK Corporation and purchased 30 branches from Truist Bank, making 2020 a transformative year.” 10-K for 2025
acquisitionIn July 2020—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$0—$64,000
2017-12-31$336.6 million—$1.2 billion
2018-12-31$46 million—$46 million
2019-12-31$0—$0
2020-12-31−$2.07 billion—$78 million
2021-12-31—$0$0
2022-12-31—$0$0
2023-12-31—$11 million$0
2024-12-31—$0$0
2025-12-31——$0

Deal filings since 2016

Read from First Horizon’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.