Leeward Investments purchased 323,314 shares of Axalta Coating Systems for approximately $9.48 million in February 2026, despite the stock being down nearly 10% over the past year. The investment appears contrarian, as Axalta has delivered strong operational results including record adjusted EBITDA of $294 million and 22.8% margins, suggesting the stock's underperformance may mask improving fundamentals.

First Horizon Corporation announced a quarterly cash dividend increase on common stock to $0.17 per share (up 13% from $0.15), payable April 1, 2026. The company also declared dividends on multiple preferred stock series. CEO Bryan Jordan attributed the increase to strong franchise performance and momentum across diversified businesses, noting the company returned over $1.2 billion to shareholders in 2025 and remains confident in achieving its 15%+ ROTCE objective.

Touchmark Bancshares has announced several executive leadership changes, including the addition of Addam Taussig as Executive Vice President and Chief Lending Officer, Steve Schaefer as Senior Vice President and Senior Credit Officer, and Chuck Shaw as Senior Vice President and Senior Risk Management Officer. Tesula Stewart has stepped down from her role as Executive Vice President and Chief Credit Officer.

LPL Financial has integrated First Horizon Advisors' broker-dealer and investment advisory services onto its platform, transitioning approximately $12B in brokerage and advisory assets, with the remaining assets expected to onboard in the coming months.

Standard Premium Finance Holdings announced an expanded stock repurchase program following strong Q2 performance, with $3.1 million in revenue and a 15% return-on-equity. The company operates in 38 states and is seeking M&A opportunities.

First Horizon Corporation announced that its board of directors declared quarterly cash dividends on its common and preferred stock, including Series B, Series C, Series E, and Series F Preferred Stock, as well as First Horizon Bank's Class A Non-Cumulative Perpetual Preferred Stock.

First Horizon Corporation announced that its board of directors declared quarterly cash dividends on its common and preferred stock, including Series C, Series E, and Series F Preferred Stock, as well as First Horizon Bank's Class A Non-Cumulative Perpetual Preferred Stock.

Major U.S. banks, including Morgan Stanley, Bank of America, and others, reported strong Q4 earnings, highlighting the banking sector's resilience. However, financial stocks showed a mixed reaction, with the Financial Select Sector SPDR Fund (XLF) inching up while regional banks tracked by the SPDR S&P Regional Banking ETF (KRE) dipped.

JPMorgan analysts are bullish on regional banks heading into 2025, citing potential deregulation, improved M&A activity, and a favorable interest rate environment. They highlight Western Alliance, First Citizens BancShares, and Pinnacle Financial Partners as top picks.

Huntington Bancshares is expected to report a decline in Q3 2024 earnings and revenue due to higher costs, though net interest income is expected to provide some support. The company's lending outlook is expected to be decent, while non-interest income is likely to have improved.

Fifth Third Bancorp is expected to report a decline in Q3 2024 earnings due to high expenses and lower fee income. The company's lending outlook is likely to have improved, but higher costs and a drop in mortgage banking income are expected to weigh on its performance.

TD Bank is expected to pay $3 billion in penalties and face restrictions on its U.S. growth due to its failure to monitor money laundering by drug cartels. The settlement involves multiple agencies, including the DOJ, OCC, FinCEN, and the Federal Reserve.