First Horizon National Corp. is restructuring the leadership of its wholesale and consumer banking divisions in a move the company says will advance its long-term objectives.

Trustmark Corp. reported net income of $36.3 million in the third quarter of 2018, or diluted earnings per share of 54 cents, up 5.9 percent year-over-year.

Many in the local investment community are mourning the loss of Jim Vining, who was called a pioneer in the storied financial services history of Memphis.

First Horizon National Corp. assured analysts Tuesday it’s poised to deliver solid returns by maintaining its historic stronghold in Tennessee and growing market share in the Carolinas, South Florida and Middle Tennessee.

Pinnacle Financial Partners, the official bank of the Memphis Grizzlies and FedExForum, has signed a representation deal with the Grizzlies’ top draft pick, Jaren Jackson Jr.

First Tennessee and Regions maintained an iron grip on market share, holding nearly half the Memphis area's $31.8 billion in deposits, while Pinnacle and Renasant banks moved up among smaller players.

The future of bank branches has been subject to speculation since ATMs came into common use more than 40 years ago.

Memphis financial and real estate professionals believe there’s plenty of runway left before would-be homebuyers are turned off or shut out by climbing interest rates.