First Horizon Corporation

NYSE:FHN.PRE Stock Report

Market Cap: US$10.6b

First Horizon Past Earnings Performance

Past criteria checks 2/6

First Horizon has been growing earnings at an average annual rate of 9%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 10.5% per year. First Horizon's return on equity is 8.7%, and it has net margins of 24.7%.

Key information

9.0%

Earnings growth rate

0.5%

EPS growth rate

Banks Industry Growth11.2%
Revenue growth rate10.5%
Return on equity8.7%
Net Margin24.7%
Next Earnings Update16 Jan 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How First Horizon makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:FHN.PRE Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 243,0717571,6360
30 Jun 242,9476731,6160
31 Mar 242,9428061,6120
31 Dec 232,9828651,5800
30 Sep 233,0709471,5700
30 Jun 233,2151,0761,5750
31 Mar 233,1739241,5590
31 Dec 223,1128681,5900
30 Sep 223,0638291,6140
30 Jun 223,0957951,6590
31 Mar 223,2789241,6990
31 Dec 213,3809621,7190
30 Sep 213,5489771,7190
30 Jun 213,2981,2771,7040
31 Mar 212,7931,0351,5280
31 Dec 202,1188221,4330
30 Sep 201,7967051,1940
30 Jun 201,6582919910
31 Mar 201,7163489430
31 Dec 191,8194359860
30 Sep 191,7374148880
30 Jun 191,9315759050
31 Mar 191,9195479370
31 Dec 181,9355399550
30 Sep 181,8973909250
30 Jun 181,5821878750
31 Mar 181,4741968350
31 Dec 171,3431597850
30 Sep 171,2912657550
30 Jun 171,2842617680
31 Mar 171,2712277690
31 Dec 161,2672217740
30 Sep 161,2432157620
30 Jun 161,1962107370
31 Mar 161,1732047260
31 Dec 151,152807230
30 Sep 151,123807270
30 Jun 151,153677300
31 Mar 151,136947250
31 Dec 141,1532166990
30 Sep 141,1652197250
30 Jun 141,153657440
31 Mar 141,156287560
31 Dec 131,163217900

Quality Earnings: FHN.PRE has high quality earnings.

Growing Profit Margin: FHN.PRE's current net profit margins (24.7%) are lower than last year (30.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FHN.PRE's earnings have grown by 9% per year over the past 5 years.

Accelerating Growth: FHN.PRE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FHN.PRE had negative earnings growth (-20.1%) over the past year, making it difficult to compare to the Banks industry average (-11.8%).

Return on Equity

High ROE: FHN.PRE's Return on Equity (8.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:32
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
David GeorgeBaird
Brennan CrowleyBaird
Jared ShawBarclays