FHN.PRE Stock Overview

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

FHN.PRE fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	2/6
Financial Health	6/6
Dividends	5/6

Rewards

Trading at 48.7% below our estimate of its fair value

Earnings are forecast to grow 8.06% per year

Pays a reliable dividend of 3.01%

Risk Analysis

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

My Notes

Capture your thoughts, links and company narrative

First Horizon Corporation Competitors

Zions Bancorporation National Association

NasdaqGS:ZION

US$7.9b

Commerce Bancshares

NasdaqGS:CBSH

US$8.5b

Synovus Financial

NYSE:SNV

US$7.1b

Pinnacle Financial Partners

NasdaqGS:PNFP

US$8.6b

Price History & Performance

Summary of share price highs, lows and changes for First Horizon
Historical stock prices
Current Share Price	US$23.98
52 Week High	US$25.71
52 Week Low	US$22.33
Beta	0.93
1 Month Change	0.25%
3 Month Change	-5.22%
1 Year Change	2.17%
3 Year Change	-12.86%
5 Year Change	n/a
Change since IPO	-2.40%

Recent updates

Shareholder Returns

	FHN.PRE	US Banks	US Market
7D	-0.4%	-3.4%	-2.4%
1Y	2.2%	29.1%	23.4%

Return vs Industry: FHN.PRE underperformed the US Banks industry which returned 29.1% over the past year.

Return vs Market: FHN.PRE underperformed the US Market which returned 23.4% over the past year.

Price Volatility

Is FHN.PRE's price volatile compared to industry and market?
FHN.PRE volatility
FHN.PRE Average Weekly Movement	1.5%
Banks Industry Average Movement	5.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	3.1%

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

Volatility Over Time: FHN.PRE's weekly volatility (2%) 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.PRE fundamental statistics
Market cap	US$10.57b
Earnings (TTM)	US$757.00m
Revenue (TTM)	US$3.07b

14.0x

P/E Ratio

1.2x

P/B Ratio

Is FHN.PRE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FHN.PRE 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

Jan 16, 2025

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

How did FHN.PRE perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

43%

Payout Ratio

Does FHN.PRE pay a reliable dividends?

See FHN.PRE dividend history and benchmarks

When do you need to buy FHN.PRE by to receive an upcoming dividend?
First Horizon dividend dates
Ex Dividend Date	Dec 26 2024
Dividend Pay Date	Jan 10 2025
Days until Ex dividend	3 days
Days until Dividend pay date	18 days

Does FHN.PRE pay a reliable dividends?

See FHN.PRE dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 00:32
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Horizon Corporation is covered by 42 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
David George	Baird
Brennan Crowley	Baird
Jared Shaw	Barclays

FHN.PRE Stock Overview

Rewards

Risk Analysis

First Horizon Corporation Competitors

NasdaqGS:ZION

US$7.9b

NasdaqGS:CBSH

US$8.5b

NYSE:SNV

US$7.1b

NasdaqGS:PNFP

US$8.6b

Price History & Performance

Recent News & Updates

First Horizon Corporation to Report Q4, 2024 Results on Jan 16, 2025

First Horizon Corporation Announces Executive Changes

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

Recent updates

First Horizon Corporation to Report Q4, 2024 Results on Jan 16, 2025

First Horizon Corporation Announces Executive Changes

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

Shareholder Returns

Price Volatility

About the Company

First Horizon Corporation Fundamentals Summary

14.0x

1.2x

Earnings & Revenue

Dividends

3.0%

43%

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources