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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
04/24/201516:11:15Statement of Changes in Beneficial Ownership (4)
04/21/201506:42:48SunTrust Boosts First Horizon National Corp Price Target to $16.50...
04/21/201503:15:09First Horizon National Corp Upgraded to Market Perform by FBR...
04/20/201513:31:38RBC Capital Raises First Horizon National Corp Price Target to...
04/17/201507:26:46Current Report Filing (8-k)
04/17/201507:21:33Current Report Filing (8-k)
04/17/201507:20:00First Horizon Posts Adjusted Earnings of $42 Million and Adjusted...
04/10/201517:18:49Commerce Bancshares: Not Competitive In A Competitive Peer Group
04/10/201516:05:00First Horizon National Corp. to Announce Financial Results and...
04/09/201516:20:34Current Report Filing (8-k)
04/09/201516:05:00First Horizon to Settle Key Mortgage Matter
04/03/201514:29:31Statement of Changes in Beneficial Ownership (4)
04/03/201514:26:22Statement of Changes in Beneficial Ownership (4)
04/03/201514:24:11Statement of Changes in Beneficial Ownership (4)
04/03/201514:21:36Statement of Changes in Beneficial Ownership (4)
04/03/201514:19:28Statement of Changes in Beneficial Ownership (4)
04/03/201514:16:37Statement of Changes in Beneficial Ownership (4)
04/03/201514:14:19Statement of Changes in Beneficial Ownership (4)
04/03/201514:11:26Statement of Changes in Beneficial Ownership (4)
04/03/201514:08:43Statement of Changes in Beneficial Ownership (4)

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