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First Horizon NYSE:FHN Stock Report

Last Price

US$16.71

Market Cap

US$9.0b

7D

8.0%

1Y

53.7%

Updated

15 Oct, 2024

Data

Company Financials +

First Horizon Corporation

NYSE:FHN Stock Report

Market Cap: US$9.0b

FHN Stock Overview

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

FHN fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends5/6

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US$17.93
FV
6.8% undervalued intrinsic discount
7.73%
Revenue growth p.a.
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First Horizon Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for First Horizon
Historical stock prices
Current Share PriceUS$16.71
52 Week HighUS$17.46
52 Week LowUS$10.16
Beta0.90
11 Month Change5.69%
3 Month Change1.64%
1 Year Change53.73%
33 Year Change-1.82%
5 Year Change4.76%
Change since IPO1,452.86%

Recent News & Updates

First Horizon: A Double Downgrade Is In Order

Oct 11

First Horizon (NYSE:FHN) Has Announced A Dividend Of $0.15

Jul 28
First Horizon (NYSE:FHN) Has Announced A Dividend Of $0.15

Recent updates

First Horizon: A Double Downgrade Is In Order

Oct 11

First Horizon (NYSE:FHN) Has Announced A Dividend Of $0.15

Jul 28
First Horizon (NYSE:FHN) Has Announced A Dividend Of $0.15

First Horizon Needs To Transition From Stabilization To Growth

Jul 23

First Horizon Corporation: A Historic Bank At A Discount

May 21

First Horizon (NYSE:FHN) Is Paying Out A Dividend Of $0.15

Apr 28
First Horizon (NYSE:FHN) Is Paying Out A Dividend Of $0.15

First Horizon: Strong Capital Position And Growth Prospects

Dec 19

First Horizon: A 2024 Buyback Can Lift Shares

Dec 10

First Horizon Makes For A Strong Prospect Heading Into Third Quarter Earnings

Oct 11

First Horizon: Good Bank And Healthy Dividend But Questionable Liquidity

Sep 30

Moon Capital - First Horizon: Balance Sheet Capacity Sets It Apart

Jul 26

First Horizon: 7.5% Dividend Yield For 87 Cents On The Dollar With The Preferreds

Jul 12

First Horizon National declares $0.15 dividend

Jan 24

First Horizon National Q4 2022 Earnings Preview

Jan 17

First Horizon National declares $0.15 dividend

Oct 25

First Horizon National Non-GAAP EPS of $0.44 beats by $0.01, revenue of $875M beats by $55.17M

Oct 18

First Horizon sells Lenders Title Group

Aug 16

Shareholder Returns

FHNUS BanksUS Market
7D8.0%4.6%1.5%
1Y53.7%49.1%33.1%

Return vs Industry: FHN exceeded the US Banks industry which returned 49.1% over the past year.

Return vs Market: FHN exceeded the US Market which returned 33.1% over the past year.

Price Volatility

Is FHN's price volatile compared to industry and market?
FHN volatility
FHN Average Weekly Movement4.5%
Banks Industry Average Movement4.6%
Market Average Movement6.3%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: FHN's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18647,300D. Jordanwww.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 fundamental statistics
Market capUS$8.95b
Earnings (TTM)US$673.00m
Revenue (TTM)US$2.95b

13.3x

P/E Ratio

1.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FHN income statement (TTM)
RevenueUS$2.95b
Cost of RevenueUS$0
Gross ProfitUS$2.95b
Other ExpensesUS$2.27b
EarningsUS$673.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 16, 2024

Earnings per share (EPS)1.26
Gross Margin100.00%
Net Profit Margin22.84%
Debt/Equity Ratio72.6%

How did FHN perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

49%

Payout Ratio