About First Horizon Bank
First Horizon Bank is a company based in Memphis (United States) founded in 2009 was acquired by First Horizon National Corporation in May 2017. It operates as a Professional Services, and Subscription Services. First Horizon Bank has completed 2 acquisitions, including 1st State Bank and CommunityOne Bank. First Horizon Bank offers products and services including Personal Banking, Small Business Banking, Commercial & Specialty Banking, and Wealth Management. First Horizon Bank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.
- Headquarter Memphis, United States
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name First Horizon Bank
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
The Carlyle Group
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
1st State Bank
& 1 more
- Acquired by
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Products & Services of First Horizon Bank
First Horizon Bank offers a comprehensive portfolio of products and services, including Personal Banking, Small Business Banking, Commercial & Specialty Banking, and Wealth Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Personal banking services are provided for individual clients.
Banking solutions are offered for small business needs.
Specialized banking services are provided for commercial clients.
Wealth management solutions are offered for financial planning.
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Leadership Team
175 people
Software Development Team
119 people
Sales and Marketing
26 people
Senior Team
23 people
Commercial Team
20 people
Operations Team
16 people
Legal and Compliance
16 people
Finance and Accounting
14 people
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Funding Insights of First Horizon Bank
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2011 | Amount | Seed - First Horizon Bank | Valuation | The Carlyle Group |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in First Horizon Bank
First Horizon Bank has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include The Carlyle Group, First Horizon National Corporation and North American financial. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Retail and business community bank
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by First Horizon Bank
First Horizon Bank has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include 1st State Bank and CommunityOne Bank. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Commercial bank
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1907 | ||||
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Cooperative banking services are provided to members in Burlington.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - First Horizon Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
First Horizon Bank Comparisons
Competitors of First Horizon Bank
First Horizon Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, Investec, Equity Bank, Citi and KeyBank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Wealth advisory and banking services are offered to clients.
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
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| domain | founded_year | HQ Location |
Diversified financial services are offered through commercial banking operations.
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| domain | founded_year | HQ Location |
Regional bank
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| domain | founded_year | HQ Location |
Diversified financial services are offered through commercial banking operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on First Horizon Bank
Frequently Asked Questions about First Horizon Bank
When was First Horizon Bank founded?
First Horizon Bank was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is First Horizon Bank located?
First Horizon Bank is headquartered in Memphis, United States. It is registered at Memphis, Tennessee, United States.
What does First Horizon Bank do?
A wide range of financial services are offered by First Horizon Bank, including personal banking, small business banking, commercial and specialty banking, and wealth management. Services are provided across various sectors such as healthcare, energy, and real estate. Solutions are tailored for individual, business, and corporate clients with a focus on personalized banking and financial planning.
Who are the top competitors of First Horizon Bank?
What products or services does First Horizon Bank offer?
First Horizon Bank offers Personal Banking, Small Business Banking, Commercial & Specialty Banking, and Wealth Management.
How many acquisitions has First Horizon Bank made?
First Horizon Bank has made 2 acquisitions, including 1st State Bank, and CommunityOne Bank.
Who are First Horizon Bank's investors?
First Horizon Bank has 3 investors. Key investors include The Carlyle Group, First Horizon National Corporation, and North American financial.