First Horizon CEO Bryan Jordan: Rates aren't likely to go down very much this year
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First Horizon CEO Bryan Jordan discussed with Jim Cramer on 'Mad Money' that interest rates are not expected to decrease significantly this year. The conversation also touched on the company's balance sheet and earnings.
January 17, 2025 | 1:15 am
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First Horizon CEO Bryan Jordan indicated that interest rates are not expected to decrease significantly this year, which could impact the bank's earnings and balance sheet management.
The CEO's statement suggests a stable interest rate environment, which may affect First Horizon's interest income and cost of funds. This could lead to stable or slightly pressured earnings, depending on how the bank manages its balance sheet.
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