The stock price of First Horizon Bank has soared in Canada, due to positive news about its expansion plans in the country. First Horizon Bank is a Tennessee-based bank that has been operating in Canada since 2019. The bank has recently announced plans to expand its presence across Canada, including the opening of new branches in major cities such as Toronto, Vancouver, and Calgary. This has been met with positive investor sentiment, resulting in a substantial rise in the bank's stock price. Other factors that have contributed to the rise in First Horizon Bank's stock price include strong earnings and dividend payouts, as well as the bank's ongoing commitment to providing excellent customer service.
