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 Recognized by TIME Magazine
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First Horizon Declares Cash Dividends on Common and Preferred Stock
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First Horizon Corporation's Momentum Continues with Strong Second Quarter 2024 Results; Net Income Available to Common Shareholders of $184 Million or EPS of $0.34; $195 Million or $0.36 on an Adjusted Basis, up $0.01 from prior quarter*
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First Horizon Bank honored by Junior Achievement with U.S. President's Volunteer Service Award
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First Horizon Named to the Forbes America's Best-In-State Banks 2024
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First Horizon Foundation Awards $1.6 Million to Grants for Good Recipients
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First Horizon Bank has been named to the Financial Brand's Power 100 Banks Using Social Media
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nCino Deploying Banking Advisor, a Generative AI Solution to Drive New Efficiencies in Financial Institutions
Trading Information
- Previous Close Price
- $16.85
- Day Range
- $16.89–17.19
- 52-Week Range
- $10.08–17.46
- Bid/Ask
- $16.86 / $17.42
- Market Cap
- $9.20 Bil
- Volume/Avg
- 5.2 Mil / 6.9 Mil
Key Statistics
- Price/Earnings (Normalized)
- 12.88
- Price/Sales
- 3.01
- Dividend Yield (Trailing)
- 3.56%
- Dividend Yield (Forward)
- 3.56%
- Total Yield
- 5.30%
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
- 7,300
- Website
- https://www.firsthorizon.com
Comparables
Valuation
Metric
|
FHN
|
SBCF
|
RNST
|
---|---|---|---|
Price/Earnings (Normalized) | 12.88 | 16.01 | 12.41 |
Price/Book Value | 1.12 | 1.15 | 0.89 |
Price/Sales | 3.01 | 4.72 | 3.28 |
Price/Cash Flow | 10.98 | 14.08 | 9.58 |
Price/Earnings
FHN
SBCF
RNST
Financial Strength
Metric
|
FHN
|
SBCF
|
RNST
|
---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
Metric
|
FHN
|
SBCF
|
RNST
|
---|---|---|---|
Return on Assets (Normalized) | 0.85% | 1.05% | 0.97% |
Return on Equity (Normalized) | 8.63% | 7.54% | 7.47% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
FHN
SBCF
RNST
Banks - Regional Industry Comparables
1-Day Chart
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