First Horizon Corporation (FHN)
| Market Cap | 9.37B |
| Revenue (ttm) | 3.17B |
| Net Income (ttm) | 806.00M |
| Shares Out | 546.87M |
| EPS (ttm) | 1.43 |
| PE Ratio | 11.98 |
| Forward PE | 10.85 |
| Dividend | $0.60 (3.50%) |
| Ex-Dividend Date | Sep 13, 2024 |
| Volume | 5,205,706 |
| Open | 16.94 |
| Previous Close | 16.85 |
| Day's Range | 16.89 - 17.19 |
| 52-Week Range | 10.08 - 17.46 |
| Beta | 0.91 |
| Analysts | Buy |
| Price Target | 17.31 (+1.05%) |
| Earnings Date | Jul 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 $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 $17.31, which is an increase of 1.05% from the latest price.
News
First Horizon Recognized by TIME Magazine
AMERICA'S BEST MIDSIZE COMPANIES OF 2024 MEMPHIS, Tenn. , July 25, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") announced that it has been recognized on the inaugural list o...
First Horizon Declares Cash Dividends on Common and Preferred Stock
MEMPHIS, Tenn. , July 23, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or the "Company") today announced that its board of directors had declared a quarterly cash dividend of $0.15 per sh...
First Horizon CEO Bryan Jordan goes one-on-one with Jim Cramer
First Horizon Chairman, President and CEO Bryan Jordan joins 'Mad Money' host Jim Cramer to talk competition in the space, quarterly results, the state of regional banks and more.
We are seeing a tremendous amount of competition, says First Horizon CEO
First Horizon Chairman, President and CEO Bryan Jordan joins 'Mad Money' host Jim Cramer to talk competition in the space, quarterly results, the state of regional banks and more.
First Horizon Stock Slides as Regional Bank Lowers Outlook, Earnings Miss
Shares of First Horizon Corp. (FHN) slipped in intraday trading Wednesday after the regional bank reported second-quarter results lower than analysts expected as lower net interest income (NII) hit it...
US banks see high deposit costs, investment banking boost
U.S. lenders' second-quarter profits were squeezed by dampening loan demand and the high interest they paid to hold on to deposits, but a flurry of bond sales boosted their investment banking units.
First Horizon Corporation's Momentum Continues with Strong Second Quarter 2024 Results; Net Income Available to Common Shareholders of $184 Million or EPS of $0.34; $195 Million or $0.36 on an Adjusted Basis, up $0.01 from prior quarter*
2Q24 ROTCE of 11.3% and Adjusted ROTCE of 12.0% with Tangible Book Value per Share of $12.22, up $0.06 QoQ* MEMPHIS, Tenn. , July 17, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "Fir...
First Horizon Bank honored by Junior Achievement with U.S. President's Volunteer Service Award
MEMPHIS, Tenn. , June 26, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") announced that Junior Achievement USA ® (JA) has honored First Horizon Bank again with a bronze...
First Horizon Named to the Forbes America's Best-In-State Banks 2024
MEMPHIS, Tenn. , June 25, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") announced that First Horizon Bank has been recognized on the Forbes list of America's Best-in-State Ba...
First Horizon Foundation Awards $1.6 Million to Grants for Good Recipients
160 Nonprofits Receive $10,000 Grants for Advancing Community Development MEMPHIS, Tenn. , June 18, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") today announced the recipien...
First Horizon Bank has been named to the Financial Brand's Power 100 Banks Using Social Media
MEMPHIS, Tenn. , June 17, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") has been named to the Financial Brand's Power 100 Banks Using Social Media.
First Horizon Corporation to Announce Second Quarter Financial Results on July 17, 2024
MEMPHIS, Tenn. , June 14, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE:FHN) plans to announce second quarter financial results on July 17, 2024.
First Horizon Bank Recognized as One of Forbes America's Best Employers for New Grads 2024
MEMPHIS, Tenn. , May 22, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") has been recognized as one of America's Best Employers for New Grads 2024!
First Horizon Corporation to Participate at the Morgan Stanley US Financials, Payments & CRE Conference
MEMPHIS, Tenn. , May 21, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced that Chairman, President, and Chief Executive Officer Bryan Jordan and Chief Financial Officer Hope ...
Travis LeMonte named Director of Private Client Services of First Horizon Bank
MEMPHIS, Tenn. , May 21, 2024 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") is pleased to welcome Travis LeMonte as Director of Private Client Services.
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 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...