First Horizon Corporation (FHN)
Market Cap | 10.57B |
Revenue (ttm) | 3.07B |
Net Income (ttm) | 757.00M |
Shares Out | 530.14M |
EPS (ttm) | 1.37 |
PE Ratio | 14.56 |
Forward PE | 12.80 |
Dividend | $0.60 (3.01%) |
Ex-Dividend Date | Dec 13, 2024 |
Volume | 9,626,628 |
Open | 19.17 |
Previous Close | 19.27 |
Day's Range | 19.10 - 19.97 |
52-Week Range | 12.95 - 21.72 |
Beta | 0.93 |
Analysts | Buy |
Price Target | 20.57 (+3.16%) |
Earnings Date | Jan 16, 2025 |
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 14 analysts, the average rating for FHN stock is "Buy." The 12-month stock price forecast is $20.57, which is an increase of 3.16% from the latest price.
News
First Horizon Corporation to Announce Fourth Quarter and Full Year Financial Results on January 16, 2025
MEMPHIS, Tenn. , Dec. 19, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) plans to announce fourth quarter and full year financial results on January 16, 2025.
NORTH CAROLINA COURAGE ANNOUNCES FIRST HORIZON BANK AS STADIUM NAMING PARTNER
Team to play at First Horizon Stadium at WakeMed Soccer Park starting in 2025 CARY, N.C. , Dec. 18, 2024 /PRNewswire/ -- The North Carolina Courage and the Town of Cary today announce First Horizon Ba...
61st Annual Coconut Grove Arts Festival® Returns Presidents' Day Weekend 2025 With First Horizon Bank as Presenting Sponsor
MIAMI , Dec. 16, 2024 /PRNewswire/ -- The Coconut Grove Arts Festival® (CGAF), South Florida's premier outdoor fine-arts event, returns for its 61st edition, produced by Loud And Live and presented by...
HORNETS, FIRST HORIZON BANK ANNOUNCE MULTIYEAR PARTNERSHIP
Agreement Includes Entitlement Of Spectrum Center Theater Box CHARLOTTE, N.C. , Dec. 11, 2024 /PRNewswire/ -- Hornets Sports & Entertainment (HSE) and First Horizon Bank (NYSE: FHN) today announced a ...
First Horizon Corporation to post fixed income investor materials on December 3, 2024
MEMPHIS, Tenn. , Dec. 3, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN) announced today that it will post fixed income investor materials for analysts via the events and presentations section of...
First Horizon Names New Head of Investor Relations
MEMPHIS, Tenn. , Nov. 27, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") is pleased to announce the naming of Tyler Craft as Head of Investor Relations, effective Januar...
First Horizon Foundation Announces $200,0000 Commitment to Hurricane Relief in Florida
MEMPHIS, Tenn. , Nov. 21, 2024 /PRNewswire/ -- First Horizon Foundation announced today it will pledge $200,000 to help Florida's coastal communities impacted by Hurricane Helene and Hurricane Milton.
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...