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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; jeff.bater@dowjones.com

Stock News for First Horizon (FHN)
DateTimeHeadline
06/30/201608:30:00First Horizon National Corp. to Announce Financial Results and...
06/28/201616:18:02Notification That Annual Employee Plan Report Will Be Submitted...
06/27/201619:20:00GE Strikes Deals to Sell Most of U.S. Restaurant Finance Assets...
06/27/201618:50:00GE Strikes Deals to Sell Most of U.S. Restaurant Finance Assets
06/27/201618:42:00GE Strikes Deals to Sell Most of U.S. Restaurant Finance Assets
06/27/201617:15:00First Tennessee Bank to significantly expand restaurant franchise...
06/17/201607:55:00Stocks Coverage on the Financial Sector -- Regions Financial...
06/14/201616:26:08Statement of Changes in Beneficial Ownership (4)
06/13/201616:16:55Statement of Changes in Beneficial Ownership (4)
06/10/201609:00:00First Horizon National Corp. to participate in Morgan Stanley...
06/09/201617:02:18Statement of Changes in Beneficial Ownership (4)
05/24/201616:15:00First Tennessee promotes Bo Allen to president, Bruce Hopkins...
05/23/201608:00:00First Horizon National Corp. to Post Analysts' Materials on www.FirstHorizon.com...
05/16/201619:00:26Amended Statement of Changes in Beneficial Ownership (4/a)
05/16/201617:51:15Statement of Changes in Beneficial Ownership (4)
05/16/201617:42:36Statement of Changes in Beneficial Ownership (4)
05/16/201617:36:26Statement of Changes in Beneficial Ownership (4)
05/16/201617:32:13Statement of Changes in Beneficial Ownership (4)
05/16/201617:12:33Statement of Changes in Beneficial Ownership (4)
05/16/201617:10:03Statement of Changes in Beneficial Ownership (4)

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