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%.
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
แหล่ง: FoxNews - 🏆 9. / 87 อ่านเพิ่มเติม »