US stock · Financial Services sector · Banks—Regional
Company Logo

First Horizon Corporation

FHNNYSE

23.10

USD
-0.10
(-0.43%)
Market Closed
16.04P/E
12Forward P/E
0.77P/E to S&P500
12.449BMarket CAP
2.59%Div Yield

First Horizon Corporation

NYSE:FHN

RECENT
PRICE

23.10

P/E
RATIO

16.04

(PEG:-7.68)

P/E RATIO
RELATIVE
TO S&P

0.77

DIV
YLD

3.17%

High:
Low:

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Legends

Stock price

1.08 Beta (1.0 Market)

0

0

0

0

0

0

0

0

0

-

% total return 08/22:

Stock

S&P

1y.

0

0

3y.

0

0

5y.

0

0

0

Percent shares traded:

0

0

0

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

TTM

Fiscal year

14.48

3.10

10.21

1.50

11.92

(1.13)

0.53

1.49

11.55

(0.93)

20.50

0.58

8.57

(1.15)

3.26

0.24

6.40

0.19

2.75

0.22

5.66

0.50

0.03

0.07

5.43

(0.11)

1.44

0.04

5.05

0.13

1.72

0.18

4.90

0.94

2.87

0.23

4.81

0.37

1.40

0.26

5.33

0.98

0.51

0.30

5.40

0.69

(0.29)

0.36

5.82

1.68

0.57

0.45

5.80

1.41

2.49

0.57

7.17

1.96

0.26

0.55

5.57

1.86

1.28

0.68

5.37

1.48

2.26

0.64

Revenue per share

Earnings per share

Free Cash Flow per sh

Dividends per share

0.67

16.48

0.22

14.14

0.11

15.87

0.09

12.83

0.16

9.05

0.13

9.09

0.09

9.09

0.12

9.38

0.13

9.80

0.17

10.01

0.27

10.36

0.22

17.75

0.15

13.84

0.16

15.24

0.13

18.55

0.10

15.27

0.05

15.41

CAPEX per share

Book Value per share

149

151

207

234

263

263

244

235

234

234

233

241

324

314

432

537

538

Comm.Shares outs.(m)

12.3

0.7

3.9%

(29.0)

(1.7)

4.6%

(12.5)

(0.6)

5.0%

(10.2)

(0.1)

2.0%

63.3

3.1

1.9%

18.5

1.1

0.8%

(80.2)

(5.4)

0.5%

87.6

5.1

1.6%

12.9

0.7

1.9%

39.2

2.0

1.8%

15.0

0.7

2.0%

27.1

1.1

1.9%

10.7

0.4

2.5%

10.9

0.4

3.7%

5.7

0.1

5.0%

8.9

0.3

4.1%

16.0

0.8

3.2%

Avg. annual P/E ratio

P/E relative to S&P500

Avg. annual div. yield

Capital Structure (30/6/22 | Q2)

Total liabilities
$77,712 m.

Total assets
$86,326 m.

Long-term debt
$1,597 m.

Cash and equiv.
$12,270 m.

Goodwill $1,511 m.

Retained earnings $3,051 m.

Common stock 535 m. shares

Market Capitalisation
$12,396 m. (as of 17/8/22)

1,487

- -

1,323

- -

1,187

- -

1,147

- -

1,126

- -

1,240

- -

1,303

- -

1,887

- -

1,818

- -

3,098

- -

2,991

- -

2,889

- -

Revenue (m)

Operating margin

89

131

39

(28)

40

30

40

220

41

86

38

227

43

166

73

545

69

441

92

845

117

999

84

828

Depreciation (m)

Net profit (m)

10.6%

8.8%

83.8%

(2.1)%

(385.3)%

2.5%

25.4%

19.1%

10.1%

7.6%

30.9%

18.3%

42.7%

12.7%

22.1%

28.9%

22.8%

24.2%

8.1%

27.3%

21.3%

33.4%

20.8%

28.7%

Income tax rate

Net profit margin

19,937

2,482

2,389

20,180

2,181

2,214

18,867

1,694

2,205

20,279

1,834

2,296

20,739

1,269

2,344

23,115

995

2,410

30,097

1,172

4,285

32,155

729

4,490

33,238

745

4,781

70,118

1,624

8,012

74,675

1,544

8,199

28,535

1,597

8,319

Working capital (m)

Long-term debt (m)

Equity (m)

1.0%

1.1%

5.5%

(0.0)%

(0.0)%

(1.3)%

1.9%

0.4%

1.3%

1.1%

1.5%

9.6%

0.6%

0.7%

3.7%

1.0%

1.5%

9.4%

0.7%

1.1%

3.9%

2.0%

2.5%

12.1%

1.9%

2.3%

9.2%

1.3%

1.4%

10.5%

1.3%

1.6%

12.2%

1.1%

1.4%

10.0%

ROIC

Return on capital

Return on equity

Working Capital

2019

2020

2021

Cash assets

5,562

13,999

20,499

Receivables

40

- -

- -

Inventory

- -

- -

- -

Other

29,890

54,761

50,837

Current assets

35,491

72,362

75,598

Acc. Payable

- -

- -

- -

Debt due

2,253

2,244

923

Other

- -

- -

- -

Current liab.

2,253

2,244

923

85.3%

752.2%

136.3%

- -

(43.6)%

33.2%

75.6%

14.4%

30.0%

28.4%

69.3%

140.9%

48.0%

(130.2)%

73.4%

134.0%

59.8%

40.0%

71.7%

219.3%

63.4%

113.7%

58.6%

52.2%

Plowback ratio

Div.&Repurch. to FCF

First Horizon Corporation (US) started trading on July 3, 1999 (cik: 0000036966), operates in the Financial Services sector (Banks—Regional industry), has 7,500 full-time employees, and is led by Mr. David Jordan. 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 various services, such as mortgage banking; title insurance and loan-closing; brokerage; correspondent banking; nationwide check clearing and remittance processing; trust, fiduciary, and agency; equipment finance; and investment and financial advisory services. Further, the company sells mutual fund and retail insurance products; and credit cards. It operates approximately 500 banking offices in 22 states under the First Horizon Bank brand; and 400 banking centers in 12 states under the FHN Financial brand in the United States. The company was formerly known as First Horizon National Corporation and changed its name to First Horizon Corporation in November 2020. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.

Annual rates

(avg rate of change)

Past
5 y.

Past
10 y.

Revenues

27.02%

11.98%

Cash flow

93.18%

20.04%

Earnings

80.02%

92.38%

Dividends

44.65%

64.30%

Book value

20.30%

18.62%

Insider trading

Type

Shares

Date

Fleming Jeff L.

InKind

646

07/05/22

Jordan D Bryan

Gift

107,000

06/09/22

Byrd Daryl G

Exempt

73,068

06/09/22

Byrd Daryl G

Exempt

8,748

06/09/22

Byrd Daryl G

Sale

198

06/09/22

Fiscal Year Ends

Quarterly Revenue (m)

Full fiscal year

I

II

III

IV

2020

466

500

1,340

793

3,098

2021

790

763

738

701

2,992

2022

708

742

- -

- -

- -

Fiscal Year Ends

Earnings per share

Full fiscal year

I

II

III

IV

2020

0.03

0.12

1.24

0.56

1.96

2021

0.43

0.57

0.43

0.42

1.86

2022

0.37

0.33

- -

- -

- -

Fiscal Year Ends

Quarterly dividends paid

Full fiscal year

I

II

III

IV

2020

0.11

0.11

0.12

0.21

0.55

2021

0.17

0.17

0.17

0.17

0.68

2022

0.15

0.15

- -

- -

- -

08/06/2022

U.S. Weighs New Rules for Regional Banks, Complicating Merger Plans

The Wall Street Journal - Read more...

02/28/2022

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