First Horizon Corp FHN
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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First Horizon Corporation's Momentum Continues with Strong First Quarter 2024 Results; Net Income Available to Common Shareholders of $184 Million or EPS of $0.33; $195 Million or $0.35 on an Adjusted Basis - up 9% Over Prior Quarter*
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Vernon Stafford and Tanya Hart recognized in Savoy Magazine's 2024 Most Influential Executives in Corporate America
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First Horizon Corporation Names Thomas Hung Chief Credit Officer, Susan Springfield Announces Retirement
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Tracy Bell named Chief Investment Officer of First Horizon Advisors Inc.
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Martin de Laureal Named President of First Horizon Advisors, Inc. and Head of Private Banking of First Horizon Bank
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First Horizon Bank Announces First-of-its-Kind Collaboration with The Home Edit
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First Horizon wins upgrade as standalone company as analyst looks past scuttled TD Bank merger
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First Horizon Corporation Announces Redemption of Series D Preferred Stock and Corresponding Series D Depositary Shares
Trading Information
- Previous Close Price
- $14.17
- Day Range
- $14.14–14.45
- 52-Week Range
- $8.99–18.99
- Bid/Ask
- $14.10 / $14.46
- Market Cap
- $7.92 Bil
- Volume/Avg
- 5.7 Mil / 6.7 Mil
Key Statistics
- Price/Earnings (Normalized)
- 9.92
- Price/Sales
- 2.54
- Dividend Yield (Trailing)
- 4.20%
- Dividend Yield (Forward)
- 4.20%
- Total Yield
- 4.33%
Company Profile
First Horizon Corp is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee. The regional bank is responsible for roughly 65% of its revenue, while capital markets make a 25% contribution. The remainder is split between the firm's non-strategic (wind-down) and corporate operations. First Horizon concentrates on offering a variety of banking products mainly in its home state, where it has the second- largest deposit franchise with a 13% deposit market share.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Small Value
- Total Number of Employees
- 7,378
- Website
- https://www.firsthorizon.com
Comparables
Valuation
|
Metric
|
FHN
|
HOMB
|
FCNCA
|
|---|---|---|---|
Price/Earnings (Normalized) | 9.92 | 11.73 | 8.75 |
Price/Book Value | 0.94 | 1.23 | 1.09 |
Price/Sales | 2.54 | 4.81 | 2.54 |
Price/Cash Flow | 17.83 | 11.84 | 7.87 |
Price/Earnings
FHN
HOMB
FCNCA
Financial Strength
|
Metric
|
FHN
|
HOMB
|
FCNCA
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
FHN
|
HOMB
|
FCNCA
|
|---|---|---|---|
Return on Assets (Normalized) | 0.99% | 1.78% | 1.36% |
Return on Equity (Normalized) | 10.22% | 10.91% | 15.18% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
FHN
HOMB
FCNCA
Banks - Regional Industry Comparables
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