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First Horizon NYSE:FHN Stock Report

Last Price

US$19.94

Market Cap

US$10.6b

7D

-1.2%

1Y

43.5%

Updated

22 Dec, 2024

Data

Company Financials +

First Horizon Corporation

NYSE:FHN Stock Report

Market Cap: US$10.6b

FHN Stock Overview

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

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

My Notes

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US$21.60
FV
7.7% undervalued intrinsic discount
6.49%
Revenue growth p.a.
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First Horizon Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for First Horizon
Historical stock prices
Current Share PriceUS$19.94
52 Week HighUS$21.72
52 Week LowUS$12.95
Beta0.93
1 Month Change-4.73%
3 Month Change27.25%
1 Year Change43.45%
3 Year Change24.86%
5 Year Change20.78%
Change since IPO1,753.03%

Recent News & Updates

First Horizon (NYSE:FHN) Has Affirmed Its Dividend Of $0.15

Nov 02
First Horizon (NYSE:FHN) Has Affirmed Its Dividend Of $0.15

Recent updates

First Horizon (NYSE:FHN) Has Affirmed Its Dividend Of $0.15

Nov 02
First Horizon (NYSE:FHN) Has Affirmed Its Dividend Of $0.15

First Horizon: Solid Q3 Results Leave Shares With More Upside Potential

Oct 19

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

Shareholder Returns

FHNUS BanksUS Market
7D-1.2%-3.4%-2.4%
1Y43.5%29.1%23.3%

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

Return vs Market: FHN exceeded the US Market which returned 23.3% over the past year.

Price Volatility

Is FHN's price volatile compared to industry and market?
FHN volatility
FHN Average Weekly Movement6.0%
Banks Industry Average Movement5.2%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
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 (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18647,200D. 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$10.57b
Earnings (TTM)US$757.00m
Revenue (TTM)US$3.07b

14.0x

P/E Ratio

1.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FHN income statement (TTM)
RevenueUS$3.07b
Cost of RevenueUS$0
Gross ProfitUS$3.07b
Other ExpensesUS$2.31b
EarningsUS$757.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 16, 2025

Earnings per share (EPS)1.43
Gross Margin100.00%
Net Profit Margin24.65%
Debt/Equity Ratio46.2%

How did FHN perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

43%

Payout Ratio

Does FHN pay a reliable dividends?

See FHN dividend history and benchmarks
When do you need to buy FHN by to receive an upcoming dividend?
First Horizon dividend dates
Ex Dividend DateDec 13 2024
Dividend Pay DateJan 02 2025
Days until Ex dividend9 days
Days until Dividend pay date11 days

Does FHN pay a reliable dividends?

See FHN dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:55
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