Tennessee

Strong revenue growth powered First Horizon in Memphis to a 7% increase in third-quarter earnings.

First Tennessee Bank in Memphis said Tuesday that has promoted three executives in its Middle Atlantic region.

First Tennessee Bank in Memphis announced Wednesday that it will commit $1 million to Operation Hope’s new HOPE Fund to offer free financial literacy education in low-income communities.

CapStar Financial Holdings in Nashville, Tenn., expects to raise net proceeds of $16.6 million in an initial public offering that it plans to spend on growth and other initiatives — perhaps including M&A.

HomeTrust Bancshares in Asheville, N.C., is beefing up in Tennessee with a deal to acquire TriSummit Bancorp in Kingsport.

Years of branch closures and job cuts are paying off for banks in the form of much-improved efficiency ratios. But with low interest rates still crimping profits, banks remain under pressure to continue reducing expenses.

CapStar Financial Holdings in Nashville, Tenn., whose board includes a top Credit Suisse executive, has filed plans to raise up to $46 million in an initial public offering.

First Horizon, No. 35 in the overall ranking, is No. 1 in the category for banks with more than $10 billion of assets.

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Pinnacle, No. 6 in the overall ranking, is No. 2 in the category for banks with $3 billion to $10 billion of assets.