First Horizon Corporation (FHN)

NYSE: FHN · IEX Real-Time Price · USD
14.80
+0.12 (0.82%)
Mar 18, 2024, 4:00 PM EDT - Market closed
0.82%
Market Cap 8.15B
Revenue (ttm) 3.21B
Net Income (ttm) 865.00M
Shares Out 558.81M
EPS (ttm) 1.54
PE Ratio 9.61
Forward PE 10.10
Dividend $0.60 (4.05%)
Ex-Dividend Date Mar 14, 2024
Volume 4,565,167
Open 14.62
Previous Close 14.68
Day's Range 14.52 - 14.89
52-Week Range 8.99 - 18.99
Beta 0.95
Analysts Buy
Price Target 15.25 (+3.04%)
Earnings Date Apr 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]

Sector Financials
Founded 1864
Employees 7,378
Stock Exchange NYSE
Ticker Symbol FHN
Full Company Profile

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 Statements

Analyst Forecast

According to 14 analysts, the average rating for FHN stock is "Buy." The 12-month stock price forecast is $15.25, which is an increase of 3.04% from the latest price.

Price Target
$15.25
(3.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

3 days ago - PRNewsWire

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.

Other symbols: EWBCWAL
5 days ago - Market Watch

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...

7 days ago - PRNewsWire

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/...

11 days ago - PRNewsWire

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...

12 days ago - PRNewsWire

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.

20 days ago - PRNewsWire

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...

21 days ago - PRNewsWire

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...

24 days ago - PRNewsWire

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...

Other symbols: BPOPCFGCMAKEYMTBNYCB
24 days ago - Market Watch

First Horizon CFO on Loan Origination, Growth, M&A

First Horizon CFO Hope Dmuchowski says the bank in not considering acquisitions or being acquired as she discusses regulatory approval of bank deals and a slowdown in loan origination.

25 days ago - Bloomberg Markets and Finance

DiversityComm Magazine Names First Horizon as a 2024 Top Black Employer

MEMPHIS, Tenn. , Feb. 16, 2024 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") has been recognized by DiversityComm Magazine as a 2024 Top Black Employer.

4 weeks ago - PRNewsWire

First Horizon Recognized by DiversityComm Magazine as 2024 Top Hispanic Employer

MEMPHIS, Tenn. , Feb. 15, 2024 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") has been recognized by DiversityComm Magazine  as a 2024 Top Hispanic Employer for the second y...

4 weeks ago - PRNewsWire

First Horizon Earns 2024 Great Place To Work Certification™

MEMPHIS, Tenn. , Feb. 14, 2024 /PRNewswire/ -- First Horizon is proud to be Certified™ by Great Place To Work® for the second year in a row and fifth time in seven years.

4 weeks ago - PRNewsWire

First Horizon Corporation to Participate at the Raymond James 45th Annual Institutional Investors Conference

MEMPHIS, Tenn. , Feb. 13, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced that Chief Financial Officer Hope Dmuchowski will participate at the Raymond James 45th Annual Inst...

4 weeks ago - PRNewsWire

COO Tammy LoCascio Named Woman of Impact

American Heart Association of the Mid South MEMPHIS, Tenn. , Feb. 9, 2024 /PRNewswire/ -- First Horizon Bank is pleased to announce Tammy LoCascio, Chief Operating Officer for First Horizon, has been ...

5 weeks ago - PRNewsWire

First Horizon board authorizes $650 million share repurchase plan

“Our strong capital provides for more optionality to capitalize on strategic growth opportunities while continuing to operate in the context of safety and soundness and return capital to our sharehold...

7 weeks ago - Market Watch

First Horizon Announces $650 Million Share Repurchase Program, Declares Cash Dividends on Common and Preferred Stock

MEMPHIS, Tenn. , Jan. 23, 2024 /PRNewswire/ --- First Horizon Corporation (NYSE: FHN or the "Company") today announced that its board of directors has authorized the Company to repurchase up to $650 m...

7 weeks ago - PRNewsWire

First Horizon Names FedEx CFO, John Dietrich, to its Board of Directors

MEMPHIS, Tenn. , Jan. 23, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today announced the election of John W.

7 weeks ago - PRNewsWire

Not all regional banks are created equal, says Jim Cramer

'Mad Money' host Jim Cramer talks the state of regional banks and investing opportunities in the sector.

2 months ago - CNBC Television

First Horizon CEO: Well-positioned to be very aggressive in the marketplace

First Horizon CEO Bryan Jordan joins 'Money Movers' to discuss how the company was able to put its strong quarter together, its challenges, and when the chief executive would like to see rates move lo...

2 months ago - CNBC Television

First Horizon Corporation Reports Full Year 2023 Net Income Available to Common Shareholders of $865 Million or EPS of $1.54; $806 Million or $1.43 on an Adjusted Basis*

Period End Deposits Increased $2 Billion or 4% and Period End Loans Grew $3 Billion or 5% in 2023 Fourth Quarter 2023 Net Income Available to Common Shareholders of $175 Million or EPS of $0.31; $178 ...

2 months ago - PRNewsWire

Jim Cramer gives you stocks to watch outside of the Magnificent 7

'Mad Money' host Jim Cramer talks stocks he is watching as the Magnificent 7 struggles in the new year.

Other symbols: ALLAXPDGGMHDKREMRK
2 months ago - CNBC Television

Here are Citi's top four regional-bank picks after a ‘tremulous year'

Western Alliance Bancorp, First Horizon Corp., Popular Inc. and Bank OZK drew top marks Tuesday out of the 18 banks covered by Citi analyst Ben Gerlinger.

Other symbols: BPOPOZKWAL
3 months ago - Market Watch

First Horizon Corporation to Announce Fourth Quarter and Full Year Financial Results on January 18, 2024

MEMPHIS, Tenn. , Dec. 12, 2023 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) plans to announce fourth quarter and full year 2023 financial results on January 18, 2024.

3 months ago - PRNewsWire

Stanton Brown Named to COLOR Magazine's POWERLIST: 40 Under 40

MEMPHIS, Tenn. , Dec. 8, 2023 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") is proud to announce that Stanton Brown, Asset Based Lending Relationship Manager, has been reco...

3 months ago - PRNewsWire