First Horizon Corporation (FHN)

NYSE: FHN · IEX Real-Time Price · USD
14.06
+0.02 (0.14%)
At close: Feb 23, 2024, 4:00 PM
13.99
-0.07 (-0.50%)
After-hours: Feb 23, 2024, 7:00 PM EST
0.14%
Market Cap 7.86B
Revenue (ttm) 3.21B
Net Income (ttm) 865.00M
Shares Out 558.77M
EPS (ttm) 1.54
PE Ratio 9.13
Forward PE 10.26
Dividend $0.60 (4.27%)
Ex-Dividend Date Mar 14, 2024
Volume 3,322,960
Open 14.04
Previous Close 14.04
Day's Range 13.94 - 14.14
52-Week Range 8.99 - 24.87
Beta 0.97
Analysts Buy
Price Target 15.75 (+12.02%)
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 three segments: Regional Banking, Specialty Banking, and Corporate. It offers general banking services for consumers, businesses, financial institutions, and governments. The company provides underwriting services for bank-eligible securities and other fixed-income securities by financial subsidiaries; sells loans and derivatives; and offers advisory services. In addition, it offers commerc... [Read more]

Sector Financials
Founded 1864
Employees 7,397
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 $15.75, which is an increase of 12.02% from the latest price.

Price Target
$15.75
(12.02% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

2 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
2 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.

3 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.

9 days 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...

10 days 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.

11 days 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...

12 days 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 ...

16 days 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...

4 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...

4 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.

4 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.

5 weeks 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...

5 weeks 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 ...

5 weeks 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
7 weeks 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
2 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.

2 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...

2 months ago - PRNewsWire

First Horizon recognized by the American Heart Association for building a culture of health and well-being

Honored with Gold recognition for completion of the 2023 Workforce Well-being Scorecard™ MEMPHIS, Tenn. , Nov. 30, 2023 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") today announc...

3 months ago - PRNewsWire

These regional banks are at greatest risk of being taken over by rivals, according to KBW

Regional banks are weighed down by concerns over the impact of new rules and the risk of a recession on loan losses, particularly in commercial real estate.

Other symbols: CMAZION
3 months ago - CNBC

Natalie Flanders Named to 2023 Power 100 List by Diversity Woman Magazine

MEMPHIS, Tenn. , Nov. 21, 2023 /PRNewswire/ -- First Horizon is pleased to announce that Natalie Flanders, SVP, Investor Relations Officer, has been recognized by Diversity Woman magazine in its 2023 ...

3 months ago - PRNewsWire

Dr. Anthony C. Hood Named to COLOR Magazine's POWERLIST: Top Chief Diversity Officers

MEMPHIS, Tenn. , Nov. 20, 2023 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") is proud to announce that Dr. Anthony C.

3 months ago - PRNewsWire

First Horizon Corporation to Participate at the Goldman Sachs Financial Services Conference 2023

MEMPHIS, Tenn. , Nov. 16, 2023 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) today announced that Chairman, President, and Chief Executive Officer Bryan Jordan will participate at the Goldman ...

3 months ago - PRNewsWire

First Horizon Recognized as a Top 100 Best Adoption-Friendly Workplace for 15th consecutive year

MEMPHIS, Tenn. , Nov. 16, 2023 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") today announced it has earned a spot on the Dave Thomas Foundation for Adoption's list of BEST ADOPTIO...

3 months ago - PRNewsWire

First Horizon Named a Winner of a 2023 Webex Champion Award

MEMPHIS, Tenn. , Nov. 15, 2023 /PRNewswire/ -- First Horizon Corporation, (NYSE: FHN or "First Horizon") is proud to announce that the company has been named a winner of a 2023 Webex Champion Award.

3 months ago - PRNewsWire