First Horizon Corporation (FHN)
| Market Cap | 8.85B |
| Revenue (ttm) | 3.17B |
| Net Income (ttm) | 806.00M |
| Shares Out | 546.87M |
| EPS (ttm) | 1.43 |
| PE Ratio | 11.20 |
| Forward PE | 10.49 |
| Dividend | $0.60 (3.71%) |
| Ex-Dividend Date | Jun 14, 2024 |
| Volume | 849,355 |
| Open | 16.04 |
| Previous Close | 16.01 |
| Day's Range | 15.99 - 16.20 |
| 52-Week Range | 10.08 - 16.21 |
| Beta | 0.95 |
| Analysts | Buy |
| Price Target | 16.00 (-1.2%) |
| Earnings Date | Apr 17, 2024 |
About FHN
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. The company also accepts deposits; provides underwriting services for bank-eligible securities and other fixed-income securities by financial subsidiaries; sells loans and derivatives; financial planning; and offers investment and financial ... [Read more]
Financial Performance
In 2023, First Horizon's revenue was $3.21 billion, an increase of 3.05% compared to the previous year's $3.11 billion. Earnings were $865.00 million, a decrease of -0.35%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for FHN stock is "Buy." The 12-month stock price forecast is $16.0, which is a decrease of -1.20% from the latest price.
News
First Horizon Recognized in 2023 Greenwich Excellence and Best Brand Awards
Earned 19 awards for U.S. Small Business Banking and Middle Market Banking MEMPHIS, Tenn. , May 20, 2024 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") has been recognized i...
FIRST HORIZON RECOGNIZED AS A TOP 100 BEST ADOPTION-FRIENDLY WORKPLACE
16TH CONSECUTIVE YEAR MEMPHIS, Tenn. , May 16, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") today announced it has earned a spot on the Dave Thomas Foundation for Adoption'...
First Horizon Corporation honored as a 2024 VETS Indexes Recognized Employer
MEMPHIS, Tenn. , May 15, 2024 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") is proud to announce that the company has earned the designation of VETS Indexes Recognized Empl...
First Horizon Signs Statement of Support for the Guard and the Reserve
MEMPHIS, Tenn. , May 9, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") announced today First Horizon President and CEO Bryan Jordan has signed the Statement of Support ...
First Horizon Bank Teaches Financial Literacy Skills to more than 7,000 Students
Volunteers Teach Personal Finance Fundamentals to Youth on "Teach Children to Save Day" MEMPHIS, Tenn. , May 2, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") is proud ...
First Horizon Declares Cash Dividends on Common and Preferred Stock
MEMPHIS, Tenn. , April 23, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or the "Company") today announced that its board of directors has declared a quarterly common stock dividend of $0....
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*
1Q24 ROTCE of 11.0% and Adjusted ROTCE of 11.6% with Tangible Book Value per Share of $12.16, up $0.03 QoQ* MEMPHIS, Tenn. , April 17, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "Fi...
Vernon Stafford and Tanya Hart recognized in Savoy Magazine's 2024 Most Influential Executives in Corporate America
MEMPHIS, Tenn. , April 16, 2024 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") announced that two executives, Vernon Stafford and Tanya Hart, were recognized by Savoy Magazi...
First Horizon Corporation Names Thomas Hung Chief Credit Officer, Susan Springfield Announces Retirement
MEMPHIS, Tenn. , April 15, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today announced that Thomas Hung, Executive Vice President, Head of Franchise Finance, will be ...
Tracy Bell named Chief Investment Officer of First Horizon Advisors Inc.
MEMPHIS, Tenn. , April 11, 2024 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") is pleased to announce that Tracy Bell has been promoted to the Chief Investment Officer of Fi...
Martin de Laureal Named President of First Horizon Advisors, Inc. and Head of Private Banking of First Horizon Bank
MEMPHIS, Tenn. , April 10, 2024 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") announced today the naming of Martin de Laureal as President of First Horizon Advisors, Inc. t...
First Horizon Bank Announces First-of-its-Kind Collaboration with The Home Edit
Learn How to Save, Spend and Organize your Financial Life with THE Money Edit MEMPHIS, Tenn. , April 8, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") is proud to annou...
First Horizon wins upgrade as standalone company as analyst looks past scuttled TD Bank merger
First Horizon Corp. has drawn an upgrade, to outperform from market perform, from analysts at KBW, who said the bank offers value as a standalone company that's not likely to pursue another buyer for ...
First Horizon Corporation Announces Redemption of Series D Preferred Stock and Corresponding Series D Depositary Shares
MEMPHIS, Tenn. , April 1, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced that on May 1, 2024 (the "Redemption Date"), it will redeem all outstanding shares of its 6.10% Fix...
First Horizon Corporation to Announce First Quarter Financial Results on April 17, 2024
MEMPHIS, Tenn. , March 27, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE:FHN) plans to announce first quarter financial results on April 17, 2024.
First Horizon Foundation Celebrates the Company's 160th Anniversary with $1.6 Million in Donations
First Horizon Foundation Launches Grants for Good, Awarding $10,000 to 160 Nonprofits Advancing Community Development MEMPHIS, Tenn., March 25, 2024 /PRNewswire/ -- In honor of First Horizon Corp.'s 1...
First Horizon Bank Survey Reveals a New Era of Women's Financial Empowerment
Despite Ongoing Systemic Inequality, Younger Generations are Growing in Financial Prowess and Confidence MEMPHIS, Tenn. , March 15, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizo...
First Horizon, Popular, East West Bancorp, Western Alliance get top billing as Citi flags undervalued regional banks
Citi analyst Ben Gerlinger on Wednesday highlighted a quartet of bank names with appealing valuations, momentum and quality despite headwinds caused by fewer rate cuts expected in 2024.
Tracy Bell honored as Women Who Shape the State 2024
MEMPHIS, Tenn. , March 11, 2024 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") announced that Tracy Bell, Director of Equity Investments Strategies, was honored as a 2024 Wo...
Vernon Stafford, Jr. recognized by Leadership Memphis
Honored with the Kate Gooch Leader of the Year Award MEMPHIS, Tenn. , March 7, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") today announced Vernon Stafford, Jr., Senior EVP/...
First Horizon Received APEX Award from Training Magazine
MEMPHIS, Tenn. , March 6, 2024 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") announced that it received a 2024 Training APEX Awards from Training magazine, the leading busi...
First Horizon Names Ashley Argo Deputy Chief Risk Officer
MEMPHIS, Tenn. , Feb. 27, 2024 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") has promoted Ashley Argo to Deputy Chief Risk Officer.
First Horizon Corporation to Participate at the 2024 RBC Capital Markets Global Financial Institutions Conference
MEMPHIS, Tenn. , Feb. 26, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced that Chairman, President, and Chief Executive Officer Bryan Jordan will participate at the 2024 RBC...
First Horizon Bank Celebrates 160 Years by Giving Away $40,000 during Random Acts of Kindness Week
First Horizon Associates to Give 1,600 $25 Gift Cards to the Community MEMPHIS, Tenn. , Feb. 23, 2024 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") In honor of its upcoming...
Fears about office-space loans are ‘overblown,' Citi says
While commercial-real-estate loan delinquencies will increase, the $39 billion that banks have already set aside to cover losses should be enough to mitigate any impact to the system, Citi analysts sa...