News Formal

First Horizon CEO talks regional bank competition after earnings miss

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 72%

Jim Cramer ニュース

Stock Markets,Investment Strategy,Business

After First Horizon reported an earnings miss Wednesday morning, the regional bank's CEO Bryan Jordan told CNBC's Jim Cramer about competition in the industry.

After First Horizon posted an earnings miss Wednesday morning, the regional bank's CEO Bryan Jordan told CNBC's Jim Cramer there is stiff competition in the industry that could continue for the rest of the year.

"We're seeing a tremendous amount of competition. It tends to be very aggressive for money market and CD deposit rates," Jordan said. "We see a lot of specials in the marketplace, and what we experienced this quarter was a little bit of a shift in what we'd seen in previous quarters." First Horizon is headquartered in Memphis, Tennessee, and has locations across 12 states, primarily in the southeast. By Wednesday's close, First Horizon shares were down 5.79%.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Kevin Costner's 'Horizon 2' August theatrical release canceled after first film's disappointing earningsThe sequel to Kevin Costner's 'Horizon' film will not release in theaters as planned on Aug. 16. The first film will continue to play in theaters and will be available at home on July 16.
ソース: FoxNews - 🏆 9. / 87 続きを読む »