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US Treasury Announces Six Cos Repay TARP Funds

WASHINGTON -(Dow Jones)- The U.S. Treasury Department announced six financial firms repaid funds they received in the government's Wall Street bailout, delivering about $2.7 billion to taxpayers. Through the Troubled Asset Relief Program, created in 2008, Treasury provided capital to banks and other financial companies sent reeling by the financial crisis. As the economy recovers, companies that took TARP money have been making repayments and even delivering accrued dividends. Treasury disbursed $389 billion in TARP money. On Wednesday it said repayments along with investment income, including dividends and interest, total $269 billion. The $2.7 billion figure includes repayments and dividends. On Wednesday, Treasury said Huntington Bancshares (HBAN), of Columbus Ohio, repurchased $1.4 billion in TARP investments and paid $7.2 million in dividends. First Horizon National Corp. (FHN), of Memphis, Tenn., repurchased $866.5 million in TARP investments and paid $4.5 million in dividends. Wintrust Financial Corp. (WTFC), of Lake Forest, Ill., repurchased $250.0 million and paid $1.3 million in dividends. Susquehanna Bancshares Inc. (SUSQ), of Lititz, Pa., repurchased $100.0 million and paid $513,889 in dividends. Heritage Financial Corp. (HFWA), of Olympia, Wa., repurchased $24.0 million and paid $123,333 in dividends. The Bank of Kentucky Financial Corp. (BKWF), of Crestview Hills, Ky., repurchased $17 million and paid $87,361 in dividends. -By Jeff Bater, Dow Jones Newswires; 202 862 9249; [email protected]

Stock News for First Horizon (FHN)
01/13/201707:06:23Current Report Filing (8-k)
01/13/201707:00:00Momentum strong as First Horizon wraps up 2016
01/13/201706:37:23Current Report Filing (8-k)
12/21/201616:39:06Statement of Changes in Beneficial Ownership (4)
12/21/201616:30:00First Horizon National Corp. to Announce Financial Results and...
12/20/201612:30:00One new New Year’s resolution for financial well-being
12/19/201615:00:00FTB Advisors earns national honor for customer service
12/05/201615:30:00First Tennessee earns national awards for small business banking
12/02/201612:31:59First Tennessee to aid financial recovery for Gatlinburg wildfire...
11/29/201616:44:56First Tennessee Foundation to match donations for Gatlinburg...
11/29/201616:15:00First Horizon National Corp. to participate in 2016 Goldman Sachs...
11/21/201607:00:00First Tennessee to promote Pam Fansler to chairman, Dave Miller...
11/10/201616:25:04Statement of Changes in Beneficial Ownership (4)
11/07/201616:21:58Quarterly Report (10-q)
11/07/201608:30:00First Horizon National Corp. to Post Analysts' Materials on
10/27/201616:15:00FTN Financial Acquires Coastal Securities
10/25/201616:30:00First Horizon Declares Quarterly Dividends
10/25/201608:00:00First Tennessee adds free access to 43,000 ATMs
10/24/201611:14:09Form 13f Cover Page (13f-nt)
10/18/201607:00:00First Tennessee Bank expands specialty finance businesses

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