First Horizon Corporation (FHN)
Market Cap | 10.53B |
Revenue (ttm) | 3.07B |
Net Income (ttm) | 757.00M |
Shares Out | 530.14M |
EPS (ttm) | 1.37 |
PE Ratio | 14.51 |
Forward PE | 13.01 |
Dividend | $0.60 (3.02%) |
Ex-Dividend Date | Dec 13, 2024 |
Volume | 4,528,615 |
Open | 20.08 |
Previous Close | 20.11 |
Day's Range | 19.83 - 20.17 |
52-Week Range | 11.87 - 20.53 |
Beta | 0.88 |
Analysts | Buy |
Price Target | 18.31 (-7.85%) |
Earnings Date | Oct 16, 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 $2.98 billion, a decrease of -4.18% compared to the previous year's $3.11 billion. Earnings were $865.00 million, a decrease of -0.35%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for FHN stock is "Buy." The 12-month stock price forecast is $18.31, which is a decrease of -7.85% from the latest price.
News
First Horizon Corporation to Participate at the Goldman Sachs Financial Services Conference 2024
MEMPHIS, Tenn. , Nov. 20, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced Chairman of the Board, President, and Chief Executive Officer Bryan Jordan and Chief Financial Offi...
Jaime Dunn Received Memphis Business Journal's HR Impact Award
MEMPHIS, Tenn. , Oct. 30, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") is pleased to announce that Jaime Dunn, Director of Executive Compensation & Equity Administration at ...
First Horizon Announces $1 Billion Share Repurchase Program, Declares Cash Dividends on Common and Preferred Stock
MEMPHIS, Tenn. , Oct. 29, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or the "Company") today announced that its board of directors has authorized a new $1 billion common stock repurchas...
First Horizon Named Forbes Best-In-State Employer for Tennessee
MEMPHIS, Tenn., Oct. 29, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") has been recognized on the Forbes list of Best-in-State Employers 2024 for Tennessee.
First Horizon Welcomes Lang Wiseman to the Company
MEMPHIS, Tenn. , Oct. 22, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") is pleased to announce the appointment of Lang Wiseman as Deputy General Counsel, effective Nove...
First Horizon Corporation to Participate at the BancAnalysts Association of Boston Conference
MEMPHIS, Tenn. , Oct. 21, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced Chief Financial Officer Hope Dmuchowski and Chief Operating Officer Tammy LoCascio will participate...
Susan Springfield Named one of Memphis Business Journal's Women Who Lead
MEMPHIS, Tenn. , Oct. 21, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") is pleased to announce that Susan Springfield was named one of Memphis Business Journal's Women Who Le...
First Horizon: Solid Q3 Results Leave Shares With More Upside Potential
First Horizon shares gained 66% over the past year, driven by strong recovery post-2023 banking crisis and solid financial performance. Q3 earnings beat expectations at$0.42 per share, driven by a 6% ...
Market Navigator: Opportunities in regional banks
Jay Woods, Freedom Capital Markets chief global strategist, joins 'Power Lunch' to discuss opportunities in regional banks.
First Horizon Corporation (FHN) Q3 2024 Earnings Call Transcript
First Horizon Corporation (NYSE:FHN) Q3 2024 Earnings Conference Call October 16, 2024 9:30 AM ET Company Participants Natalie Flanders - Head, Investor Relations Bryan Jordan - Chairman, President a...
First Horizon Corporation's Momentum Continues with Strong Third Quarter 2024 Results; Net Income Available to Common Shareholders of $213 Million or EPS of $0.40; $224 Million or $0.42 on an Adjusted Basis, both up $0.06 from prior quarter*
3Q24 ROTCE of 12.6% and Adjusted ROTCE of 13.2% with Tangible Book Value per Share of $13.02, up $0.81 QoQ* MEMPHIS, Tenn. , Oct. 16, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "Fi...
First Horizon: A Double Downgrade Is In Order
First Horizon's stock surged 53.6% in the past year, but recent financial metrics show declining deposits, increased debt, and lower revenue and profits. The bank's uninsured deposit exposure is now 4...
First Horizon Bank named Official Bank of the Courage - NC Courage
MEMPHIS, Tenn. , Oct. 7, 2024 /PRNewswire/ -- The North Carolina Courage recently announced a multiyear partnership affirming First Horizon Bank (NYSE: FHN) as the Official Bank of the Courage in a jo...
First Horizon Bank to Become First Naming Rights Partner of Greensboro Coliseum
Arena to be Named First Horizon Coliseum MEMPHIS, Tenn. , Oct. 7, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon"), in a landmark partnership agreement with the City of Greensbo...
First Horizon Foundation Commits $250,000 to Hurricane Helene Relief Efforts in Affected Communities
MEMPHIS, Tenn. , Oct. 4, 2024 /PRNewswire/ -- First Horizon Foundation announced today its pledge of $250,000 to help communities impacted by Hurricane Helene.
Memphis Business Journal Names Erin Pryor One of the 2024 Super Women in Business
MEMPHIS, Tenn. , Oct. 4, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") is pleased to announce that its Chief Marketing Officer Erin Pryor has been recognized by the Memphis B...
First Horizon Announces Natalie Flanders Receives NEXT Award by American Banker
MEMPHIS, Tenn. , Sept. 30, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") announced that Natalie Flanders, Senior Vice President and Head of Investor Relations, has been recog...
First Horizon Recognized by TIME Magazine on list of World's Best Companies
MEMPHIS, Tenn. , Sept. 25, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") announced that it has been recognized on the list of Time Magazine's World's Best Companies.
UPDATE - Thnks Announces Winners of the 2024 Thnks Gratitude in Business Awards
NASHVILLE, Tenn., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Thnks , the first on-demand gratitude expression platform for enterprises, SMBs, and individual contributors, today announced Troy Stevenson, Accou...
Thnks Announces Winners of the 2024 Thnks Gratitude in Business Awards
NASHVILLE, Tenn., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Thnks , the first on-demand gratitude expression platform for enterprises, SMBs, and individual contributors, today announced Troy Stevenson, Accou...
First Horizon Is Now the Official Bank of the Ragin' Cajuns
MEMPHIS, Tenn. , Sept. 19, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") is proud to announce that First Horizon Bank is now the Official Bank of the University of Louisiana ...
SEC Charges Broker-Dealer First Horizon With Regulation Best Interest Violations
Washington, D.C.--(Newsfile Corp. - September 18, 2024) - The Securities and Exchange Commission today announced charges against registered broker-dealer First Horizon Advisors, Inc. for failing to ma...
First Horizon Announces Sponsorship of ABC's "Extreme Makeover: Home Edition"
Helping to Make Homeownership a Reality for Deserving Families MEMPHIS, Tenn. , Sept. 16, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") is excited to announce its parti...
First Horizon Corporation to Announce Third Quarter Financial Results on October 16, 2024
MEMPHIS, Tenn. , Sept. 12, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE:FHN) plans to announce third quarter financial results on October 16, 2024.