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  • 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
  • Financial Services

    Vining Sparks founder Jim Vining remembered as legend

    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.

    By Christin Yates October 18, 2018
  • Financial Services

    First Horizon reports profits up 13 percent in third quarter

    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.

    By Wayne Risher October 17, 2018
  • Financial Services

    Jaren Jackson Jr. signs representation deal with Pinnacle Financial Partners

    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.

    By Christin Yates September 25, 2018
  • Real Estate

    Rising interest rates not deterring homebuyers, yet

    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.

    By Wayne Risher September 17, 2018
  • Financial Services

    Renasant, Pinnacle make waves in Memphis banking market while First Tennessee, Regions rule

    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.

    By Wayne Risher September 20, 2018
  • Financial Services

    Despite online banking’s popularity, bricks-and-mortar branches remain a priority

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

    By Wayne Risher September 18, 2018

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