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Financial Services

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  • Financial Services
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  • Financial Services

    EquityCompass strategist discusses impact of innovation disruptors on markets

    Innovation is forcing more established companies to adapt to industry disruptors, but also creating wealth opportunities for investors. 

    By Christin Yates May 16, 2019
  • Financial Services

    Moving into Q2, banks strategizing around interest rates

    A slower rising interest-rate environment endorsed by the Federal Reserve has local banks making moves to adjust operations for upcoming quarters.

    By Christin Yates May 07, 2019
  • Financial Services

    Tri-State Bank reports positive earnings for 2018, brighter outlook

    Tri-State Bank records a profitable year in 2018 and is targeting more residential mortgages and perhaps even new branch offices beyond its primary banking location in Whitehaven.

    By Christin Yates April 21, 2019
  • Financial Services

    BancorpSouth misses estimates for first quarter 2019 earnings

    BancorpSouth falls short of estimates in the first quarter, but points to two additional acquisitions to spur growth in its footprint. 

    By Christin Yates April 18, 2019
  • Financial Services

    FHN points to deposit growth in key markets in Q1 earnings

    First Horizon National Corp. reports slight increase in earnings per share, slight decline in revenue from the first quarter a year ago.

    By Christin Yates April 16, 2019
  • Financial Services

    Pinnacle Financial earnings up from 2018 first quarter

    Pinnacle Financial's first-quarter earnings rise from a year ago and so do revenues, but revenues miss consensus target of Zacks Equity Research.

    By Christin Yates April 16, 2019
  • Financial Services

    First Horizon keeps spot on Top Companies for Executive Women list

    Memphis-based First Horizon National Corp. has again been recognized as a top company for executive women. The company says 77 percent of managers are female.

    By The Daily Memphian Staff April 06, 2019
  • Financial Services

    CFA Institute president offers insight to Memphis finance community

    The global president of the Chartered Financial Analyst Institute was in Memphis Thursday to encourage local CFA members to stay focused on helping clients achieve their financial goals.

    By Christin Yates March 15, 2019
  • Financial Services

    Evolve Bank & Trust extends title sponsorship of Cooper-Young Festival through 2021

    Evolve Bank & Trust has renewed its title sponsorship of the Cooper-Young Festival through 2021.

    By Natalie Pilgrim March 06, 2019
  • Financial Services

    Memphis-based Mercer Capital expands in Texas with new Houston office

    Mercer Capital's strategy of growing around talent takes the Memphis-based business valuation and financial advisory firm into major markets in Texas.

    By Christin Yates March 06, 2019
  • Financial Services

    Penny Hardaway debit card is a first for First Tennessee Bank

    First Tennessee Bank reveals new Penny Hardaway Visa debit card, and will support attendees to the summer basketball camp run by the Memphis Tigers head coach. 

    By The Daily Memphian Staff February 19, 2019
  • Financial Services

    How will proposed BB&T-SunTrust merger affect Memphis’ No. 3 bank?

    North Carolina-based BB&T's proposed acquisition of SunTrust Bank shouldn't have much impact on SunTrust's Memphis portfolio, although experts wonder if a wave of mergers could sweep up homegrown First Tennessee.

    By Wayne Risher February 08, 2019
  • Financial Services

    First Horizon elects new directors, expands share buyback

    First Horizon National Corp. on Tuesday announced expansion of its 2018 share repurchase program and the election of Kenneth A. Burdick and Wendy P. Davidson to its board of directors.

    By The Daily Memphian Staff January 29, 2019
  • Financial Services

    BancorpSouth reports record fourth quarter for 2018

    BancorpSouth Bank reported record fourth quarter of earnings and hit more than $18 billion in assets for the first time, helped in part by its merger with three other banking institutions in 2018.

    By Christin Yates January 24, 2019
  • Financial Services

    First Horizon misses Q4 estimates, poised for growth as Capital Bank merger takes hold

    First Horizon CEO Bryan Jordan says the Memphis-based financial services company will be operating from "a position of strength in 2019" as its merger with Capital Bank takes hold. 

    By Christin Yates January 21, 2019
  • Financial Services

    SunTrust reports strong finish to 2018

    Increases in revenue and net interest income fueled a solid quarter and year of growth for SunTrust Banks, the third-largest bank in Memphis by deposit share.

    By Terry Hollahan January 18, 2019
  • Financial Services

    Pinnacle earnings rise 29 percent in Q4, 33 percent in 2018

    Pinnacle Financial Partners finishes off a strong year with 29 percent growth in net earnings for the fourth quarter.

    By Christin Yates January 16, 2019
  • Financial Services

    Stifel plants roots, expanding Memphis office

    During college, native Memphian Phillip Rogers, branch manager and senior vice president of investments at Stifel, heard that at one time Memphis had, per capita, more financial brokers and advisers than any other city in the U.S. The culture of the financial landscape in Memphis during that period was primarily based on regional investment banking and wealth management firms.

    By Christin Yates December 28, 2018
  • Financial Services

    New initiative works to cultivate young Memphis entrepreneurs

    While summer jobs are great for kids and young adults, there is a need to help them find year-round opportunities to make money.

    By Christin Yates December 16, 2018
  • Financial Services

    Juggling adult children’s needs and your own

    Parents spend $500 billion annually on their adult children, but they’re only putting $250 billion away per year toward their own retirement, according to a new study by Merrill Lynch and Age Wave.

    By Christin Yates November 19, 2018
  • Financial Services

    First Tennessee Bank wins inaugural CX Leader award

    First Tennessee Bank has garnered a new national award for its customer service.

    By Kate Crawford November 16, 2018
  • Financial Services

    Pinnacle Financial approves buyback of up to $100 million in stock

    Pinnacle Financial Partners Inc. has announced authorization of up to $100 million in common stock repurchases by Dec. 31, 2019.

    By The Daily Memphian Staff November 14, 2018
  • Financial Services

    Home equity: New leader making mark on United Housing

    Amy Schaftlein was an elementary student in the Arlington area in the 1990s when her yellow school bus stopped in front of a blighted house.

    By Tom Bailey November 05, 2018
  • Financial Services

    First Horizon restructures consumer, wholesale banking divisions

    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.

    By Kate Crawford November 02, 2018
  • Financial Services

    Trustmark earnings rise 5.9 percent year-over-year in Q3

    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.

    By The Daily Memphian Staff October 24, 2018

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