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First Horizon Shareholders Back Board, Governance Adjustments

Story Highlights
  • First Horizon amended its bylaws in April 2026 to temporarily set its board at 14 members, then reduce it to 12 after the annual shareholders’ meeting, signaling a leaner governance approach.
  • At the April 28, 2026 annual meeting, shareholders elected all director nominees, approved executive pay on an advisory basis, and ratified KPMG LLP as auditor, affirming management and oversight stability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
First Horizon Shareholders Back Board, Governance Adjustments

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An update from First Horizon ( (FHN) ) is now available.

On April 27, 2026, First Horizon’s board unanimously amended its bylaws to set the board size at 14 directors until the 2026 annual shareholders’ meeting and 12 directors thereafter, signaling a move toward a leaner governance structure that could streamline decision-making and board oversight. On April 28, 2026, shareholders elected all nominated directors, approved on an advisory basis the compensation of named executive officers, and ratified the appointment of KPMG LLP as the company’s independent auditor, reinforcing management’s strategy and sustaining continuity in financial oversight.

The most recent analyst rating on (FHN) stock is a Hold with a $26.00 price target. To see the full list of analyst forecasts on First Horizon stock, see the FHN Stock Forecast page.

Spark’s Take on FHN Stock

According to Spark, TipRanks’ AI Analyst, FHN is a Outperform.

The score is driven primarily by solid financial performance (steady revenue growth, healthy profitability, and manageable leverage) and a constructive earnings update with maintained guidance and improved returns. Technicals add support with a clear uptrend, while valuation looks reasonable; cash-flow volatility and deposit/fee-related headwinds temper the overall outlook.

To see Spark’s full report on FHN stock, click here.

More about First Horizon

First Horizon Corporation is a U.S. financial services company operating in the banking industry, providing a range of commercial and consumer banking products and related financial services to retail, corporate, and institutional clients. The company focuses on regional banking markets, where governance decisions and board composition play a key role in its strategic positioning and oversight of risk and performance.

Average Trading Volume: 5,994,953

Technical Sentiment Signal: Buy

Current Market Cap: $11.76B

See more data about FHN stock on TipRanks’ Stock Analysis page.

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