First Horizon Corporation (FHN)

NYSE: FHN · IEX Real-Time Price · USD
23.11
-0.14 (-0.60%)
Sep 27, 2022 4:00 PM EDT - Market closed
-0.60%
Market Cap 12.40B
Revenue (ttm) 3.10B
Net Income (ttm) 796.00M
Shares Out 536.61M
EPS (ttm) 1.44
PE Ratio 16.05
Forward PE 13.30
Dividend $0.60 (2.60%)
Ex-Dividend Date Sep 8, 2022
Volume 2,466,457
Open 23.30
Previous Close 23.25
Day's Range 23.01 - 23.38
52-Week Range 15.00 - 24.24
Beta 1.05
Analysts Buy
Price Target 25.37 (+9.8%)
Earnings Date Oct 18, 2022

About FHN

First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through three segments: Regional Banking, Specialty Banking, and Corporate. It offers general banking services for consumers, businesses, financial institutions, and governments. The company also underwrites bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries; sells loans and derivatives; and offers advisory services. In addition, it offers... [Read more...]

Industry Banks
Founded 1864
CEO David Jordan
Employees 7,500
Stock Exchange NYSE
Ticker Symbol FHN
Full Company Profile

Financial Performance

In 2021, First Horizon's revenue was $3.38 billion, an increase of 27.50% compared to the previous year's $2.65 billion. Earnings were $999.00 million, an increase of 18.22%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for FHN stock is "Buy." The 12-month stock price forecast is 25.37, which is an increase of 9.78% from the latest price.

Price Target
$25.37
(9.78% upside)
Analyst Consensus: Buy
Stock Forecasts

News

First Horizon and Operation HOPE Announce the First HOPE Inside Location to Open in Louisiana

NEW ORLEANS , Sept. 27, 2022 /PRNewswire/ -- First Horizon and Operation HOPE are pleased to announce the first 'HOPE Inside' location to open in Louisiana.

8 hours ago - PRNewsWire

Southeast Regional Banks Pass Buy Points As Rates Rise

Regional banks, especially in the southeastern U.S., are gaining ground as rates rise. The post Southeast Regional Banks Pass Buy Points As Rates Rise appeared first on Investor's Business Daily.

4 days ago - Investors Business Daily

First Horizon Mortgage Introduces New Diversity Grant Program

MEMPHIS, Tenn. , Sept. 21, 2022 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") announced today a new product, the Diversity Grant, as part of its mortgage down payment assistance gra...

6 days ago - PRNewsWire

First Horizon Corporation Announces Revised Release Date of October 18, 2022 for Third Quarter Results

MEMPHIS, Tenn. , Sept. 19, 2022 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) announced today that it plans to release third quarter financial results after the close of the market on October 18...

1 week ago - PRNewsWire

First Horizon Recognized by Forbes as one of The Best Employers for Women 2022

MEMPHIS, Tenn. , Aug. 25, 2022 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") today announced that it has been recognized by Forbes as one of The Best Employers for Women 2022.

1 month ago - PRNewsWire

Turk & Company Announces Acquisition of Lenders Title Group by Knox-Precision Holdings, LLC

DENVER , Aug. 16, 2022 /PRNewswire/ -- Turk and Company, announced today that its client, Lenders Title, a subsidiary of First Horizon Corporation (NYSE:FHN), has been acquired by Knox-Precision Holding...

1 month ago - PRNewsWire

First Horizon Announces Results of its 2022 Company-Run Stress Test

MEMPHIS, Tenn. , Aug. 8, 2022 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) ("First Horizon" or "the Company") announced today the results of its 2022 Bank Holding Company-run capital stress tes...

1 month ago - PRNewsWire

First Horizon Declares Cash Dividends on Common and Preferred Stock

MEMPHIS, Tenn. , July 26, 2022 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) or the "Company" today announced that its board of directors has declared a quarterly common stock dividend of $0.15 ...

2 months ago - PRNewsWire

First Horizon (FHN) Q2 Earnings Miss Estimates, NII Improves

Higher NII and decrease in expenses support First Horizon's (FHN) Q2 earnings. However, an increase in provision for credit losses and a fall in non-interest income hurt.

2 months ago - Zacks Investment Research

First Horizon National (FHN) Q2 Earnings Miss Estimates

First Horizon (FHN) delivered earnings and revenue surprises of -2.86% and 1.91%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

First Horizon Corporation Reports Second Quarter 2022 Net Income Available to Common Shareholders of $166 Million, or...

Pre-provision net revenue up 19% from the prior quarter and up 18% on an Adjusted basis* ROTCE of 12.1% and Adjusted ROTCE of 14.2% with tangible book value per share of $10.18* MEMPHIS, Tenn., July 19,...

2 months ago - PRNewsWire

Earnings Preview: First Horizon National (FHN) Q2 Earnings Expected to Decline

First Horizon (FHN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

First Horizon Corporation Releases Corporate Social Responsibility and Environmental, Social and Governance Impact Re...

MEMPHIS, Tenn. , June 29, 2022 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today released its Corporate Social Responsibility (CSR) and Environmental, Social and Governance ...

2 months ago - PRNewsWire

First Horizon Signs CEO Action for Diversity & Inclusion Pledge

MEMPHIS, Tenn. , June 22, 2022 /PRNewswire/ -- Announced today, First Horizon President and CEO Bryan Jordan has signed the CEO Action for Diversity and Inclusion pledge.

3 months ago - PRNewsWire

Warren Calls for Halt of TD's $13B First Horizon Deal

A group of lawmakers led by Sen. Elizabeth Warren has asked the Office of the Comptroller of the Currency to halt TD Bank's $13.4 billion purchase of Tennesee's First Horizon.

3 months ago - PYMNTS

First Horizon (FHN) Gets Shareholder Nod for Buyout by TD Bank

First Horizon (FHN) shareholders' approval for its acquisition by TD Bank underlines the financial and strategic benefits of the transaction.

3 months ago - Zacks Investment Research

First Horizon Corporation Shareholders Approve Transaction with The Toronto-Dominion Bank

MEMPHIS, Tenn. , May 31, 2022 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today announced that it has received shareholder approval for The Toronto-Dominion Bank ("TD") to a...

3 months ago - PRNewsWire

Why Is First Horizon (FHN) Down 5% Since Last Earnings Report?

First Horizon (FHN) reported earnings 30 days ago. What's next for the stock?

4 months ago - Zacks Investment Research

First Horizon Recognized for Investment in Women

MEMPHIS, Tenn. , May 3, 2022 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") today announced that it has been selected for the 2022 Bloomberg Gender-Equality Index (GEI).

4 months ago - PRNewsWire

First Horizon Bank Bolsters Local Businesses With $1 Million in Prizes

MEMPHIS, Tenn. , April 20, 2022 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") today announced the winners of the Back to Business Contest.

5 months ago - PRNewsWire

First Horizon (FHN) Q1 Earnings Beat, Revenues Decline Y/Y

First Horizon's (FHN) Q1 earnings results reflect higher loan balance, provision benefits and low expenses, while a low-rate economy hurt margins.

5 months ago - Zacks Investment Research

First Horizon National (FHN) Tops Q1 Earnings and Revenue Estimates

First Horizon (FHN) delivered earnings and revenue surprises of 11.76% and 0.38%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

First Horizon Corporation Reports First Quarter 2022 Net Income Available to Common Shareholders of $187 Million, or ...

ROTCE of 13.0% and Adjusted ROTCE of 14.7% with tangible book value per share of $10.46* MEMPHIS, Tenn. , April 19, 2022 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today re...

5 months ago - PRNewsWire

Why Earnings Season Could Be Great for First Horizon (FHN)

First Horizon (FHN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

5 months ago - Zacks Investment Research

First Horizon Corporation Announces Revised Release Date of April 19, 2022 for First Quarter Results

MEMPHIS, Tenn., April 8, 2022 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) announced today that, in light of the proposed transaction with TD Bank Group, it now plans to release first quarter f...

5 months ago - PRNewsWire