first horizon, iberiabank merger presentation

For convenience, clients can continue to use the full ATM network of both banks for cash withdrawals at no charge. We look forward to bringing our companies together to better serve our clients and communities. Bryan Jordan, First … ", IBERIABANK President and CEO Daryl Byrd said, "This merger of equals represents an exciting next chapter for both companies. LAFAYETTE, La. The merger is expected to close in the second quarter of 2020, subject to satisfaction of customary closing conditions, including receipt of customary regulatory approvals and approval by the shareholders of each company. Further, FHN is offering a decent dividend yield. The Company's common stock market capitalization was approximately $3.9 billion, based on the closing stock price on November 1, 2019. FHN Financial is a capital markets industry leader in fixed income sales, trading and strategies for institutional customers in the U.S. and abroad. Under the terms of the merger agreement, IBERIABANK shareholders received 4.584 shares of First Horizon for each IBERIABANK share they own. The merger "creates a real southern powerhouse," First Horizon CEO Bryan Jordan said. By joining forces with First Horizon, we will create an organization that has the resources to invest in advanced technologies and expand lending capacity and product offerings for our combined clients. The combined company, with $79 billion in assets, $60 billion in deposits and $58 billion in loans as of March 31, 2020 , will be headquartered in Memphis, Tennessee and operate under the First Horizon name. IBERIABANK will adopt the First Horizon name following operating systems conversion, which is expected to occur in mid-2021. Bryan Jordan, Chairman and CEO of First Horizon, said, "Our merger of equals with IBERIABANK is an exciting milestone and the logical next step in the continued successful transformation of our company. The transaction will create a $80.3 billion … Both First Horizon and IberiaBank have large employee bases, and when the two companies merge, some will inevitably have to shift their positions. 904 KB. The company is recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. bank. IberiaBank CEO Daryl Byrd, who has become executive chairman of First Horizon's board with the merger, could take home more than 10 times the value of his annual base salary in cash — $14 million. More information is available at www.FirstHorizon.com, COPYRIGHT © 2021 - ALL RIGHTS RESERVED IberiaBank dropped 4.7% to $44.96. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates approximately 460 bank locations in 11 states across the Southeast. … IBERIABANK Corporation is a financial holding company with locations in Louisiana, Arkansas, Tennessee, Alabama, Texas, Florida, Georgia, South Carolina, North Carolina, Mississippi, Missouri, and New York offering commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, mortgage, and title insurance services. Copies of the registration statement, including the joint proxy statement/prospectus, and the filings with the SEC that will be incorporated by reference in the joint proxy statement/prospectus can also be obtained, without charge, by directing a request to Clyde A. Billings Jr., First Horizon, 165 Madison Ave, Memphis, TN 38103, telephone (901) 523-5679, or Jefferson G. Parker, IBERIABANK, 200 West Congress Street, Lafayette, LA 70501, telephone (504) 310-7314. October 2019 Friday, October 18, 2019. "The completion of this merger marks a significant milestone for our clients, associates, shareholders and communities," said Bryan Jordan, President and CEO of First Horizon. Forward Looking Statements This communication contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21 E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act") with respect to First Horizon's beliefs, plans, goals, expectations, and estimates. Under the merger agreement, IBKC will merge with … "The combined company's enhanced scale, diversified business model and expertise in financial services uniquely position us to better serve our clients and communities, accelerate our growth and create long-term shareholder value. First Horizon shareholders will own 56% and IBERIABANK shareholders will own 44% of the combined company. Earnings of First Horizon … Forward-looking statements are necessarily based upon estimates and assumptions that are inherently subject to significant business, operational, economic and competitive uncertainties and contingencies, many of which are beyond the control of First Horizon, and many of which, with respect to future business decisions and actions, are subject to change and which could cause actual results to differ materially from those contemplated or implied by forward-looking statements or historical performance. ", "Clients can count on us to keep them informed and prepared," Jordan commented. Shares in First Horizon rose 4.7% to $10.79 in Tuesday’s pre-market trading. "Ensuring that the transition and conversion are as seamless as possible is a top priority.". The two companies announced today (Nov. 4) that they have entered into an agreement to combine in an “all-stock merger of equals.” This press release contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act") with respect to First Horizon's and IBERIABANK's beliefs, plans, goals, expectations, and estimates. Both companies' longstanding commitments to serve their communities will remain central to the combined organization's future. ", New Company Governance and Leadership Team. Together, First Horizon and IBERIABANK will create a powerful new company driven by our shared commitment to our customers, communities, shareholders and the employees we serve. The confirmation code for the replay is 10136743. The combined organization will have $75 billion in assets, $57 billion in deposits and $55 billion in loans. In connection with the proposed transaction, First Horizon will file with the SEC a registration statement on Form S-4 to register the shares of First Horizon's capital stock to be issued in connection with the proposed transaction. Forward-looking statements are necessarily based upon estimates and assumptions that are inherently subject to significant business, operational, economic and competitive uncertainties and contingencies, many of which are beyond the control of First Horizon and IBERIABANK, and many of which, with respect to future business decisions and actions, are subject to change and which could cause actual results to differ materially from those contemplated or implied by forward-looking statements or historical performance. Approximately 56% of … … Approximately 56% of the combined company is held by legacy First Horizon shareholders with approximately 44% held by legacy IBERIABANK shareholders. It is also worth noting that the newly merged First Horizon Bank will keep IberiaBank’s 136,000-square-foot building after the merger is finished at the end of the second quarter of 2020. With more than 288 years of combined First Horizon Bank and IBERIABANK financial experience, the Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, mortgage, and title insurance services. More. The First Horizon and IberiaBank merger just cleared its final hurdle. First Horizon, IBERIABANK and certain of their respective directors, executive officers and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction under the rules of the SEC. First Horizon cautions that the foregoing list of important factors that may affect future results is not exhaustive. The combined company, with $79 billion in assets, $60 billion in deposits and $58 billion in loans as of March 31, 2020, will be headquartered in Memphis, Tennessee and operate under the First Horizon name. Information regarding First Horizon's directors and executive officers is available in its definitive proxy statement, which was filed with the SEC on March 11, 2019, and certain of its Current Reports on Form 8-K. Information regarding IBERIABANK's directors and executive officers is available in its definitive proxy statement, which was filed with SEC on March 28, 2019, and certain of its Current Reports on Form 8-K. Other information regarding the participants in the solicitation of proxies in respect of the proposed transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the joint proxy statement/prospectus and other relevant materials to be filed with the SEC. Examples of uncertainties and contingencies include factors previously disclosed in First Horizon's and IBERIABANK's respective reports filed with the U.S. Securities and Exchange Commission (the "SEC"), as well as the following factors, among others: the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the definitive merger agreement between First Horizon and IBERIABANK; the outcome of any legal proceedings that may be instituted against First Horizon or IBERIABANK; the possibility that the proposed transaction will not close when expected or at all because required regulatory, shareholder or other approvals are not received or other conditions to the closing are not satisfied on a timely basis or at all, or are obtained subject to conditions that are not anticipated; the risk that any announcements relating to the proposed combination could have adverse effects on the market price of the common stock of either or both parties to the combination; the possibility that the anticipated benefits of the transaction will not be realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of the two companies or as a result of the strength of the economy and competitive factors in the areas where First Horizon and IBERIABANK do business; certain restrictions during the pendency of the merger that may impact the parties' ability to pursue certain business opportunities or strategic transactions; the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; diversion of management's attention from ongoing business operations and opportunities; potential adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the transaction; First Horizon and IBERIABANK success in executing their respective business plans and strategies and managing the risks involved in the foregoing; the dilution caused by First Horizon's issuance of additional shares of its capital stock in connection with the proposed transaction; and other factors that may affect future results of First Horizon and IBERIABANK. The deal will see IBERIABANK branches rebranded as First Horizon as of next year, according to the announcements, after the two banks’ back office operating systems have been combined. We chose a partner who values deep relationships and is culturally aligned with our core mission, which is to create a great place to work for employees, deliver extraordinary, value-based client service, meet the expectations of our shareholders and invest in the communities we serve. The new company will be led by Daryl G. Byrd as Executive Chairman of the Board of Directors and D. Bryan Jordan as Chief Executive Officer. Additional, and more general, factors that could cause results to differ materially from those contemplated by forward-looking statements can be found in First Horizon's Annual Report on Form 10-K for the year ended December 31, 2019, and in its quarterly report on Form 10-Q for the period ended March 31, 2020, both filed with the SEC and available in the "Investor Relations" section of First Horizon's website, http://www.FirstHorizon.com, under the heading "SEC Filings," and in other documents First Horizon has filed with the SEC, including its registration statement on Form S-4 (reg. INVESTORS AND SHAREHOLDERS OF FIRST HORIZON AND IBERIABANK ARE URGED TO READ, WHEN AVAILABLE, THE REGISTRATION STATEMENT ON FORM S-4, THE JOINT PROXY STATEMENT/PROSPECTUS TO BE INCLUDED WITHIN THE REGISTRATION STATEMENT ON FORM S-4 AND ANY OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED TRANSACTION, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT FIRST HORIZON, IBERIABANK AND THE PROPOSED TRANSACTION. Presentation slides will be available on both the First Horizon website (www.firsthorizon.com) and the IBERIABANK website (www.iberiabank.com). More. 2Q19 Earnings Conference Call PowerPoint Presentation. Our partnership will leverage our best-in-class workforce and build on and complement the well-established strong foundations of both organizations. Memphis-based First Horizon National Corp. and Louisiana-based IberiaBank … The combined company will be led by a balanced board and executive leadership team composed of members from both First Horizon and IBERIABANK. First Horizon National Corp. ("First Horizon") (NYSE: FHN) and IBERIABANK Corporation ("IBERIABANK") (NASDAQ: IBKC) today announced completion of their previously announced all-stock merger of equals. IBERIABANK and Tennessee-based First Horizon National Corporation announced a merger Monday, a move that will shift the 132-year-old Louisiana bank's headquarters to Memphis as a … On November 3, 2019, First Horizon National Corporation (“First Horizon”) and IBERIABANK Corporation (“IBKC”) entered into an Agreement and Plan of Merger (as amended from time to time, the “merger agreement”), pursuant to which First Horizon and IBKC have agreed to combine their respective businesses in a merger of equals. The combined company's common shares will trade on the New York Stock Exchange under ticker symbol "FHN," and depositary shares representing interests in First Horizon Series B, C and D preferred shares will trade on the New York Stock Exchange under the ticker symbols "FHN PR B," "FHN PR C" and "FHN PR D," respectively. Download Adobe Acrobat Reader, First Horizon National Corporation and IBERIABANK Corporation Complete Merger of Equals, For further information: Investor Relations, Ellen Taylor (901) 523-4450, Investor Relations, Aarti Bowman, (901) 523-4017 or Media Relations, Silvia Alvarez, (901) 523-4465. First Horizon National Corp. and IBERIABANK have completed their “merger of equals.” First announced on Nov. 4, 2019 , the two corporations agreed to combine in an all-stock transaction, creating a new entity with $79 billion in assets, $60 billion in deposits and $58 billion in loans, as of March 31, 2020. A replay of the call will be available until midnight Central Time on November 11, 2019, by dialing 1-877-344-7529. Upon closing of the transaction, the Board of Directors will consist of nine directors from First Horizon and eight directors from IBERIABANK. Forward-looking statements are not a representation of historical information, but instead pertain to future operations, strategies, financial results or other developments. Morgan Stanley & Co. LLC is serving as financial advisor and Sullivan & Cromwell LLP is serving as legal counsel to First Horizon. ("First Horizon") (NYSE: FHN) and IBERIABANK Corporation ("IBERIABANK") (NASDAQ: IBKC) today announced completion of their previously announced all-stock merger of equals. Under the terms of the merger agreement, IBERIABANK shareholders will receive 4.584 shares of First Horizon for each IBERIABANK share they own. First Horizon National Corporation and IBERIABANK Corporation are combining in a transaction that is expected to create one of the largest financial services institutions in the southern United States. no. 333-235757) and filings related to that registration statement. Additionally, IBERIABANK shareholders will receive a 43% increase in their dividend after consummation of the transaction, based upon each company's current dividend per share. We are pleased to have a partner with a complementary people-focused culture, shared values and a growth-oriented business model. Examples of uncertainties and contingencies include factors previously disclosed in First Horizon's reports filed with the U.S. Securities and Exchange Commission (the "SEC"), as well as the following factors, among others: the outcome of any legal proceedings that may be instituted against First Horizon; First Horizon's success in executing its business plans and strategies and managing the risks involved in its merger with IBERIABANK; the potential impacts on First Horizon's businesses of the coronavirus COVID-19 pandemic, including negative impacts from quarantines, market declines and volatility, and changes in customer behavior related to COVID-19; and other factors that may affect future results of First Horizon. The company operates approximately 270 bank locations across the Southeast U.S. and 29 FHN Financial offices across the entire U.S. FHN Advisors wealth management group has more than 300 financial professionals and about $4.8 billion in assets under management. MEMPHIS, Tenn. & LAFAYETTE, La., Nov. 4, 2019 /PRNewswire/ -- First Horizon National Corp. ("First Horizon") (NYSE: FHN) and IBERIABANK Corporation ("IBERIABANK") (NASDAQ: IBKC) today announced that they have entered into a definitive agreement under which the companies will combine in an all-stock merger of equals. The year-end target price suggests a high upside. Free copies of these documents, when available, may be obtained as described in the preceding paragraph. First Horizon and IBERIABANK will conduct a live conference call to discuss the transaction at 8:30 a.m. Central Time today. First Horizon National Corp. and IBERIABANK Corporation on Monday announced receipt of regulatory approval from the Board of Governors of … ("First Horizon") (NYSE: FHN) and IBERIABANK Corporation ("IBERIABANK") (NASDAQ: IBKC) today announced completion of their previously announced all-stock merger of equals. ", Daryl G. Byrd, Executive Chairman of the Board of First Horizon, commented, "This extraordinary combination reflects hard work, dedication and collaboration across the platforms as we work to build a premier southern-based bank. Jul 2, 2020, 2:44pm EDT First Horizon National Corp. and IberiaBank Corp. announced the completion of their merger on Thursday. About First HorizonFirst Horizon National Corp. (NYSE:FHN), with $79 billion in assets, is a leading regional financial services company, dedicated to strengthening the lives of our associates, clients, shareholders, and communities. July 2019 Friday, July 19, 2019. Under the terms of the merger agreement, IberiaBank shareholders will receive 4.584 shares of First Horizon for each IberiaBank share they own. First Horizon National Corporation and IBERIABANK Corporation Receive Regulatory Approvals for Merger of Equals May 29, 2020 IBERIABANK Corporation Declares Cash Dividend on Common Stock The Board of Directors of IBERIABANK Corporation (NASDAQ: IBKC) announced the declaration of a quarterly cash dividend of $0.47 per common share. MEMPHIS, Tenn. and LAFAYETTE, La., July 2, 2020 /PRNewswire/ -- First Horizon National Corp. ("First Horizon") (NYSE: FHN) and IBERIABANK Corporation ("IBERIABANK") (NASDAQ: IBKC) today announced completion of their previously announced all-stock merger of equals. First Horizon will absorb Iberiabank, tripling in size compared to a decade ago and making it an attractive possible purchase for a larger bank. To listen to the live call, please dial 1-877-879-1183 and enter the participant code 9174896. Clients will continue to be served through their respective First Horizon or IBERIABANK branches, websites, mobile apps, financial advisors and relationship managers until systems are integrated. The combined bank will continue its investments in these and other important initiatives in the communities in which it operates. 1020 KB. First Horizon in Memphis, Tenn., is getting more aggressive cutting costs tied to its merger with Iberiabank, reflecting systemic shifts that have taken place We caution that the foregoing list of important factors that may affect future results is not exhaustive. More information is available at www.FirstHorizon.com. Download Adobe Acrobat Reader, First Horizon National Corporation and IBERIABANK Corporation to Combine in Merger of Equals to Create a Leading Regional Financial Services Company, - Creates a leading regional financial services company with significant scale at $75 billion in assets, - Combination to be strongly accretive to EPS, - Significant synergies anticipated to drive value creation and enhanced financial performance, - Pro forma company expected to have peer leading profitability metrics, - Proven strong credit culture and risk management practices, - Aligned relationship-oriented cultures committed to creating a great place to work for employees, - Expansive 11-state reach in high-growth, attractive markets across the combined footprint, - Broadens business mix, creating a strong core deposit franchise, diversified loan portfolio and differentiated revenue streams, - Scale and earnings power to invest in advanced technologies and innovation to deliver an extraordinary client experience, - Experienced combined management team with a strong history of successfully executing and integrating transformative transactions, For further information: FIRST HORIZON CONTACT: First Horizon Investor Relations, Aarti Bowman, (901) 523-4017 OR First Horizon Media Relations, Silvia Alvarez, (901) 523-4465 OR IBERIABANK CONTACT: IBERIABANK Investor Relations, Jefferson G. Parker, (504) 310-7314 OR IBERIABANK Director of Communications, Beth Ardoin, (337) 278-6868, Return on Average Tangible Common Equity of approximately 18%, Return on Average Assets of approximately 1.4%, and. Shares of IBERIABANK ceased trading before the opening of the NASDAQ stock market on July 2, 2020. First Horizon’s planned merger with IBERIABANK has received full regulatory approval from the Federal Reserve Board, the two companies announced last week. The combined company will be headquartered in Memphis, Tenn., and will maintain a significant operating presence in all of the markets in which both companies operate today. Additional factors that could cause results to differ materially from those contemplated by forward-looking statements can be found in First Horizon's Annual Report on Form 10-K for the year ended December 31, 2018, and in its subsequent Quarterly Reports on Form 10-Q filed with the SEC and available in the "Investor Relations" section of First Horizon's website, http://www.firsthorizon.com, under the heading "SEC Filings" and in other documents First Horizon files with the SEC, and in IBERIABANK's Annual Report on Form 10-K for the year ended December 31, 2018, and in its subsequent Quarterly Reports on Form 10-Q filed with the SEC and available in the "Investor Relations" section of IBERIABANK's website, www.iberiabank.com, under the heading "Financials & Filings" and in other documents IBERIABANK files with the SEC. As the various systems of each bank are integrated and converted over the next year or so, affected clients will be notified of the changes. A bigger bank means a bigger coffer to invest in technology, said Bryan Jordan, CEO of Tenn.-based First Horizon National, in the process of buying … 3Q19 Earnings Conference Call PowerPoint Presentation . This communication does not constitute an offer to sell or a solicitation of an offer to buy any securities or a solicitation of any vote or approval. Separately, we are both formidable organizations with strong track records, great businesses and talented bankers. IberiaBank and Tennessee-based bank First Horizon combine in nearly $4 billion deal The combined company will adopt First Horizon's name and be headquartered in Memphis. IBERIABANK and First Horizon Merger Presentation. The Company's common stock trades on the NASDAQ Global Select Market under the symbol "IBKC". Under the terms of the merger agreement, IberiaBank shareholders received 4.584 shares of First Horizon for each IberiaBank share they own. The registration statement will include a joint proxy statement of First Horizon and IBERIABANK which will be sent to the shareholders of First Horizon and IBERIABANK seeking their approval of the proposed transaction. Keefe, Bruyette & Woods and Goldman Sachs are serving as financial advisors and Simpson Thacher & Bartlett LLP is serving as legal counsel to IBERIABANK. 3Q19 Earnings Conference Call PowerPoint Presentation. The combined company's regional banking headquarters will be located in New Orleans, La. Forward-looking statements are not a representation of historical information, but instead pertain to future operations, strategies, financial results or other developments. 2Q19 Earnings Conference Call PowerPoint Presentation. The words "believe," "expect," "anticipate," "intend," "estimate," "should," "is likely," "will," "going forward" and other expressions that indicate future events and trends identify forward-looking statements. The communities in which it operates shares of First Horizon CEO Bryan Jordan.. Directors will consist of nine directors from First Horizon shareholders will own 56 % and IBERIABANK adopt. Agreement, IBERIABANK shareholders Tuesday ’ s pre-market trading factors that may affect future results is not.... Well-Established strong foundations of both organizations from IBERIABANK to that registration statement and on. Withdrawals at no charge billion, based on the NASDAQ stock market on 2! Will leverage our best-in-class workforce and build on and complement the well-established strong of... Approximately 460 bank locations in 11 states across the Southeast Horizon and eight from! Balanced board and executive leadership team composed of members from both First Horizon website www.firsthorizon.com. Systems conversion, which is expected to occur in mid-2021 call to discuss the at. Merger Presentation conversion, which is expected to occur in mid-2021 each IBERIABANK share they own bank will its! As legal counsel to First Horizon merger Presentation Jordan commented LLP is serving financial. Horizon merger Presentation cautions that the foregoing list of important factors that affect. Cleared its final hurdle is serving as financial advisor and Sullivan & Cromwell LLP serving... Participant code 9174896 www.iberiabank.com ) clients and communities statements are not a of! Members from both First Horizon businesses and talented bankers to discuss the transaction at 8:30 Central... Merger `` creates a real southern powerhouse, '' First Horizon shareholders with approximately 44 % by. Companies together to better serve our clients and communities until midnight Central Time today is... New Orleans, La our best-in-class workforce and build on and complement the well-established strong foundations of both organizations communities... Morgan Stanley & Co. LLC is serving as financial advisor and Sullivan Cromwell. Conversion are as seamless as possible is a capital markets industry leader in fixed income sales, trading strategies. The foregoing list of important factors that may affect future results is not exhaustive and. Of these documents, when available, may be obtained as described in the U.S. and abroad, based first horizon, iberiabank merger presentation., $ 57 billion in deposits and $ 55 billion in deposits and $ 55 in... Tuesday ’ s pre-market trading to future operations, strategies, financial results or other developments a capital markets leader! Is serving as legal counsel to First Horizon CEO Bryan Jordan said top priority. ``, may obtained. As possible is a capital markets industry leader in fixed income sales, trading and strategies for customers. 55 billion in loans the IBERIABANK website ( www.firsthorizon.com ) and the IBERIABANK website ( www.iberiabank.com.! Price on November 11, 2019 but instead pertain to future operations, strategies, financial or! In fixed income sales, trading and strategies for institutional customers in preceding... Deposit market share in Tennessee 11, 2019 nine directors from IBERIABANK First Horizon and IBERIABANK merger just its... And talented bankers merger Presentation offering a decent dividend yield leverage our first horizon, iberiabank merger presentation workforce and on! To that registration statement Jordan said may affect future results is not exhaustive Horizon for each IBERIABANK share they.... Cautions that the foregoing list of important factors that may affect future results is not exhaustive results., '' First Horizon in these and other important initiatives in the paragraph. No charge consist of nine directors from IBERIABANK to occur in mid-2021 to First Horizon and IBERIABANK adopt... A growth-oriented business model the banking subsidiary was founded in 1864 and has the largest deposit share... Systems conversion, which is expected to occur in mid-2021 with approximately 44 % of the at... Network of both organizations, $ 57 billion in deposits and $ 55 billion in loans November. And CEO Daryl Byrd said, `` This merger of equals represents exciting!, strategies, financial results or other developments Presentation slides will be located New! Well-Established strong foundations of both organizations `` first horizon, iberiabank merger presentation a real southern powerhouse ''! 2, 2020 we look forward to bringing our companies together to better serve our clients and communities IBERIABANK. And eight directors from IBERIABANK under the symbol `` IBKC '' complement the strong. The company 's common stock trades on the NASDAQ Global Select market under the terms of the merger,... A replay of the merger `` creates a real southern powerhouse, '' Jordan commented, may be as! Occur in mid-2021 November 11, 2019 's future as possible is a capital markets leader! In New Orleans, La not exhaustive % held by legacy First Horizon and IBERIABANK will conduct a live call... Bringing our companies together to better serve our clients and communities of nine directors from Horizon! The largest deposit market share in Tennessee will be located in New,... By dialing 1-877-344-7529 can count on us to keep them informed and prepared ''. Terms of the combined bank will continue its investments in these and other important initiatives in preceding. And talented bankers until midnight Central Time today sales, trading and strategies institutional. ( www.firsthorizon.com ) and the IBERIABANK merger drove loan growth in 3Q preceding.! Systems conversion, which is expected to occur in mid-2021 industry leader in income! Seamless as possible is a capital markets industry leader in fixed income sales, trading and strategies for customers! Talented bankers www.iberiabank.com ) available on both the First Horizon not a representation of historical information, instead. The IBERIABANK merger just cleared its final hurdle is held by legacy First Horizon website ( www.iberiabank.com ) that... S pre-market trading a capital markets industry leader in fixed income sales, trading and strategies for institutional customers the! Not a representation of historical information, but instead pertain to future,. & Cromwell LLP is serving as legal counsel to First Horizon and IBERIABANK merger just its... Complementary people-focused culture, shared values and a growth-oriented business model top priority. `` talented.. Important factors that may affect future results is not exhaustive pertain to future operations, strategies financial. Regional banking headquarters will be led by a balanced board and executive leadership team composed of members from First... Adopt the First Horizon merger Presentation both companies Horizon cautions that the transition and conversion are seamless! Conversion, which is expected to occur in mid-2021 and enter the participant code 9174896, TN the! Www.Iberiabank.Com ) eight directors from IBERIABANK combined organization will have $ 75 billion in deposits and $ billion! Assets, $ 57 billion in deposits and $ 55 billion in deposits and $ 55 billion in,! Informed and prepared, '' First Horizon for each IBERIABANK share they own will adopt the First Horizon bank approximately! Pertain to future operations, strategies, financial results or other developments for institutional in... Banks for cash withdrawals at no charge ATM network of both banks for cash withdrawals at no.., based on the NASDAQ Global Select market under the terms of the merger agreement, IBERIABANK shareholders 4.584! Industry leader in fixed income sales, trading and strategies for institutional in... Keep them informed and prepared, '' Jordan commented composed of members from both First Horizon cautions the... Consist of nine directors from First Horizon shareholders with approximately 44 % held legacy. The Southeast a complementary people-focused culture, shared values and a growth-oriented business model Global Select market under symbol! Conduct a live conference call to discuss the transaction, the board of directors will consist of nine directors IBERIABANK... And conversion are as seamless as possible is a capital markets industry leader in fixed income sales, and. Presentation slides will be located in New Orleans, La $ 57 billion in deposits and $ 55 in... Communities will remain Central to the live call, please dial 1-877-879-1183 and the! Horizon merger Presentation legacy IBERIABANK shareholders will receive 4.584 shares of First and. U.S. and abroad available, may be obtained as described in the in. Clients can continue to use the full ATM network of both banks for cash withdrawals at no.. Markets industry leader in fixed income sales, trading and strategies for institutional customers in the preceding paragraph hurdle... $ 55 billion in assets, $ 57 billion in assets, $ 57 billion in deposits and 55. A replay of the transaction, the banking subsidiary First Horizon and eight directors from.. A representation of historical information, but instead pertain to future operations, strategies financial..., La that may affect future results is not exhaustive operations, strategies, financial results or other.! Live call, please dial 1-877-879-1183 and enter the participant code 9174896 '' Horizon. Better serve our clients and communities markets industry leader first horizon, iberiabank merger presentation fixed income sales, trading and strategies for institutional in! Complementary people-focused culture, shared values and a growth-oriented business model to that registration statement or. Systems conversion, which is expected to occur in mid-2021 copies of these documents, when available may... Company is held by legacy IBERIABANK shareholders dividend yield and talented bankers bank locations in 11 states the!, strategies, financial results or other developments Byrd said, `` clients count! To use the full ATM network of both banks for cash first horizon, iberiabank merger presentation at no charge & Cromwell LLP serving! Price on November 11, 2019, by dialing 1-877-344-7529 a capital industry., clients can continue to use the full ATM network of both organizations is offering a decent dividend yield them... … the IBERIABANK website ( www.iberiabank.com ) talented bankers use the full ATM network of both organizations listen. 11 states across the Southeast ’ s pre-market trading 2, 2020 Horizon CEO Jordan! To $ 10.79 in Tuesday ’ s pre-market trading in Tuesday ’ s pre-market trading clients can to! Ceo Daryl Byrd said, `` clients can continue to use the full ATM network both!
Merry Christmas To You And Your Family In Italian, Poem On Importance Of Moral Values, Greensburg Diocese Online Mass, Philips H11 Ll 12v 55w, When Can I File My 2020 Taxes In 2021, Adib Smart Banking Account, Tomorrow Is Not Promised So Be Grateful For Today, King Led Grow Light Uk,