How does FHN.PRB's PE Ratio compare to its peers?

FHN.PRB is good value based on its Price-To-Earnings Ratio (14.7x) compared to the peer average (19.1x).

How does FHN.PRB's PE Ratio compare vs other companies in the US Banks Industry?

FHN.PRB is expensive based on its Price-To-Earnings Ratio (14.7x) compared to the US Banks industry average (13.2x).

What is FHN.PRB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FHN.PRB is expensive based on its Price-To-Earnings Ratio (14.7x) compared to the estimated Fair Price-To-Earnings Ratio (14.6x).

What is the Fair Price of FHN.PRB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

FHN.PRB ($25.25) is trading below our estimate of [[fair value]] ($44.96)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

First Horizon (NYSE:FHN.PRB) - Stock Price, News & Analysis

FHN.PRB Stock Overview

Operates as the bank holding company for First Horizon Bank that provides various financial services. More details

FHN.PRB fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	2/6
Financial Health	6/6
Dividends	5/6

Rewards

Trading at 43.8% below our estimate of its fair value

Earnings are forecast to grow 7.49% per year

Pays a reliable dividend of 2.87%

Risk Analysis

No risks detected for FHN.PRB from our risk checks.

First Horizon Corporation Competitors

Zions Bancorporation National Association

NasdaqGS:ZION

US$8.9b

Synovus Financial

NYSE:SNV

US$8.2b

Commerce Bancshares

NasdaqGS:CBSH

US$9.5b

Prosperity Bancshares

NYSE:PB

US$8.0b

Price History & Performance

Summary of all time highs, changes and price drops for First Horizon
Historical stock prices
Current Share Price	US$25.25
52 Week High	US$25.77
52 Week Low	US$21.59
Beta	0.88
11 Month Change	0.31%
3 Month Change	3.10%
1 Year Change	16.15%
33 Year Change	-9.04%
5 Year Change	n/a
Change since IPO	3.10%

Recent updates

Shareholder Returns

	FHN.PRB	US Banks	US Market
7D	0.8%	1.8%	2.2%
1Y	16.1%	57.7%	31.6%

Return vs Industry: FHN.PRB underperformed the US Banks industry which returned 57.7% over the past year.

Return vs Market: FHN.PRB underperformed the US Market which returned 31.6% over the past year.

Price Volatility

Is FHN.PRB's price volatile compared to industry and market?
FHN.PRB volatility
FHN.PRB Average Weekly Movement	0.7%
Banks Industry Average Movement	5.1%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: FHN.PRB has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FHN.PRB's weekly volatility (1%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1864	7,200	D. Jordan	www.firsthorizon.com

First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through Regional Banking and Specialty Banking segments. It offers general banking services for consumers, businesses, financial institutions, and governments.

First Horizon Corporation Fundamentals Summary

How do First Horizon's earnings and revenue compare to its market cap?
FHN.PRB fundamental statistics
Market cap	US$11.10b
Earnings (TTM)	US$757.00m
Revenue (TTM)	US$3.07b

14.7x

P/E Ratio

1.3x

P/B Ratio

Is FHN.PRB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FHN.PRB income statement (TTM)
Revenue	US$3.07b
Cost of Revenue	US$0
Gross Profit	US$3.07b
Other Expenses	US$2.31b
Earnings	US$757.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.43
Gross Margin	100.00%
Net Profit Margin	24.65%
Debt/Equity Ratio	46.2%

How did FHN.PRB perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

43%

Payout Ratio

Does FHN.PRB pay a reliable dividends?

See FHN.PRB dividend history and benchmarks

When do you need to buy FHN.PRB by to receive an upcoming dividend?
First Horizon dividend dates
Ex Dividend Date	Jan 17 2025
Dividend Pay Date	Feb 03 2025
Days until Ex dividend	53 days
Days until Dividend pay date	70 days

Does FHN.PRB pay a reliable dividends?

See FHN.PRB dividend history and benchmarks

FHN.PRB Stock Overview

Rewards

Risk Analysis

First Horizon Corporation Competitors

NasdaqGS:ZION

US$8.9b

NYSE:SNV

US$8.2b

NasdaqGS:CBSH

US$9.5b

NYSE:PB

US$8.0b

Price History & Performance

Recent News & Updates

First Horizon Corporation (NYSE:FHN) announces an Equity Buyback for $1,000 million worth of its shares.

First Horizon Corp Announces Executive Changes

First Horizon Corporation to Report Q3, 2024 Results on Oct 16, 2024

First Horizon Corporation Declares Quarterly Cash Dividend, Payable on October 1, 2024

First Horizon Corporation to Report Q2, 2024 Results on Jul 17, 2024

First Horizon Corporation Declares Cash Dividends on Common Stock, Payable on July 1, 2024

Recent updates

First Horizon Corporation (NYSE:FHN) announces an Equity Buyback for $1,000 million worth of its shares.

First Horizon Corp Announces Executive Changes

First Horizon Corporation to Report Q3, 2024 Results on Oct 16, 2024

First Horizon Corporation Declares Quarterly Cash Dividend, Payable on October 1, 2024

First Horizon Corporation to Report Q2, 2024 Results on Jul 17, 2024

First Horizon Corporation Declares Cash Dividends on Common Stock, Payable on July 1, 2024

First Horizon Corporation Reports Unaudited Net Charge-Offs Results for the First Quarter of 2024

First Horizon Corporation Announces Executive Changes

First Horizon Corporation to Report Q1, 2024 Results on Apr 17, 2024

First Horizon Corporation, Annual General Meeting, Apr 23, 2024

First Horizon Corporation and First Horizon Bank Announce Board Changes

First Horizon Corporation to Report Q4, 2023 Results on Jan 18, 2024

First Horizon Corp Elects Velia Carboni to its Board

First Horizon Corporation and First Horizon Bank Announces Retirement of E. Stewart Shea, III as Board of Director

First Horizon Corporation to Report Q3, 2023 Results on Oct 18, 2023

Levi & Korsinsky, LLP Notifies First Horizon Corporation Investors of A Class Action Lawsuit and Upcoming Deadline

First Horizon Corporation to Report Q2, 2023 Results on Jul 19, 2023

New major risk - Revenue and earnings growth

Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of First Horizon Corporation Investors

First Horizon Corporation Reports Net Charge-Offs for the First Quarter of 2023

The Toronto-Dominion Bank (TSX:TD) cancelled the acquisition of First Horizon Corporation (NYSE:FHN) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc. and others.

First Horizon Corporation Declares Cash Dividend on Common Stock, Payable on April 3, 2023

First Horizon Corporation to Report Q4, 2022 Results on Jan 18, 2023

Kenneth A. Burdick Intends to Resign from the Boards of Directors of First Horizon Corporation and of First Horizon Bank Effective on or Before January 1, 2023

First Horizon Corporation Declares Quarterly Common Stock Dividend, Payable on January 3, 2023

Knox Capital Management LLC acquired Lenders Title Company from First Horizon Corporation (NYSE:FHN).

First Horizon Corporation Announces Resignation of Rajesh Subramaniam from the Boards of Directors

First Horizon Corporation Declares Quarterly Common Stock Dividend, Payable on October 3, 2022

First Horizon Corporation Declares Quarterly Common Stock Dividend, Payable on July 1, 2022

First Horizon Corporation Reports Net Charge-Offs for the First Quarter Ended March 31, 2022

First Horizon Corporation Announces Consolidated Net Charge-Offs for the Fourth Quarter of 2021

First Horizon Corporation(NYSE:FHN) dropped from Russell 1000 Defensive Index

First Horizon Corporation Declares Cash Dividends on Common Stock, Payable on July 1, 2021

First Horizon Corporation, Annual General Meeting, Apr 27, 2021

First Horizon Corporation to Report Q4, 2020 Results on Jan 22, 2021

First Horizon National Corporation Appoints Erin Pryor as Chief Marketing Officer

First Horizon National Corp Appoints Anthony C. Hood as Executive Vice President and Chief Diversity, Equity and Inclusion Officer, Effective November 2, 2020

First Horizon National Corporation to Report Q3, 2020 Results on Oct 23, 2020