First Horizon Corporation (FHN)
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]
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 StatementsAnalyst 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.
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...
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.
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...
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/...
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...
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.
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...
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...
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...
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.
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.
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...
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.
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...
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 ...
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...
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...
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.
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.
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...
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 ...
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.
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.
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.
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...