About First Tennessee Bank
First Tennessee Bank is a company based in Memphis (United States) founded in 1864 was acquired by First Horizon National Corporation in December 2017.. First Tennessee Bank offers products and services including Checking Accounts, Savings Accounts, Mortgages, Credit Cards, and Digital Banking. First Tennessee Bank operates in a competitive market with competitors including Truist, First Republic Bank, Investec, UniCredit and Equity Bank, among others.
- Headquarter Memphis, United States
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Sectors
Financial Services
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Email
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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
- Investors
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Employee Count
Employee Count
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Acquired by
First Horizon National Corporation
(Dec 01, 2017)
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Products & Services of First Tennessee Bank
First Tennessee Bank offers a comprehensive portfolio of products and services, including Checking Accounts, Savings Accounts, Mortgages, Credit Cards, and Digital Banking. 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.
Accounts for daily transactions and financial management
Options for earning interest on deposits
Products for home buying and refinancing needs
Cards for purchases and credit building
Platform for mobile deposits and bill payments
Funding Insights of First Tennessee Bank
| 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 Tennessee Bank
First Tennessee Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include First Horizon National Corporation. 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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Retail and business community bank
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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 Tennessee Bank
| 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 |
Financial Statements - First Tennessee Bank
| 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 |
First Tennessee Bank Comparisons
Competitors of First Tennessee Bank
First Tennessee 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, First Republic Bank, Investec, UniCredit and Equity Bank, 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 |
Commercial bank
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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 bank
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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 |
Regional bank
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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 Tennessee Bank
Frequently Asked Questions about First Tennessee Bank
When was First Tennessee Bank founded?
First Tennessee Bank was founded in 1864.
Where is First Tennessee Bank located?
First Tennessee Bank is headquartered in Memphis, United States. It is registered at Memphis, Tennessee, United States.
What does First Tennessee Bank do?
First Tennessee Bank was founded in 1864 and is headquartered in Memphis, United States. It operates within the banking sector as a community-focused institution. Retail services, such as checking accounts and loans, are provided to individual customers, while business banking options including financing and advisory support are extended to commercial entities. Operations are centered in the southeastern U.S., with emphasis on local financial needs.
Who are the top competitors of First Tennessee Bank?
What products or services does First Tennessee Bank offer?
First Tennessee Bank offers Checking Accounts, Savings Accounts, Mortgages, Credit Cards, and Digital Banking.
Who are First Tennessee Bank's investors?
First Tennessee Bank has 1 investor. Key investors include First Horizon National Corporation.