First Horizon's Credit Ratings Outlook Upgraded to Positive by Moody's
Key Takeaways Moody's raised FHN's ratings outlook to positive, reflecting franchise growth and stronger deposit quality. FHN's improved metrics include solid capitalization, better asset quality and funding diversification. Despite volatile fee income, Moody's sees stable profitability from FHN's specialty lending.First Horizon Corporation’s (FHN) holding company’s long-term issuer rating and senior unsecured notes, and First Horizon Bank's long-term issuer and long-term deposit ratings were upgraded to ...