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
| Business | Deal | When | Value |
|---|---|---|---|
title services businessWord 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 divestiture | third quarter of 2022 | $22 million pre-tax gain |
IBERIABANK CorporationWord 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 | merger | July 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 | acquisition | July 2020 | — |
FHN Financial Main Street Advisors assetsWord 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 divestiture | 2023 | gain 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 | acquisition | In 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 | acquisition | In July 2020 | — |
30 branches from Truist BankWord 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 | acquisition | In July 2020 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill 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
- 2022-03-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-10-26 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-07-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-11-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-12-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-05-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
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.