First Horizon Corporation

First Horizon Corporation

FHN
First Horizon CorporationUS flagNew York Stock Exchange
26.04
USD
+0.16
- -
12.36BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.05
4.9
4.81
5.33
5.4
5.82
5.8
5.94
5.48
5.83
5.76
5.73
6.58
7.02
Basic EPS, GAAP
0.09
0.92
0.34
0.95
0.66
1.66
1.39
1.9
1.76
1.62
1.58
1.37
1.89
2.11
Free Cash Flow per Basic Share
1.72
2.87
1.4
0.5
-0.34
0.57
2.49
0.26
1.23
4.23
2.3
2.27
1.18
2.08
Dividend per Share
0.18
0.23
0.26
0.3
0.36
0.45
0.56
0.55
0.67
0.67
0.67
0.67
0.67
0.69
Book Value per Share
8.93
9.35
9.42
9.9
12.82
13.79
15.04
13.59
14.39
13.48
15.17
16
17.53
17.88
Tangible Book Value per Share
7.92
8.6
8.51
9
8.01
8.81
10.02
10.23
11
10.23
12.13
12.85
14.2
14.51
Basic Weighted Avg Shares
235
234
234
233
241
324
314
432
546
535
548
540
505
488
Sales/Revenue/Turnover
1,187
1,147
1,126
1,240
1,303
1,887
1,818
2,565
2,990
3,120
3,155
3,096
3,323
3,426
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
72
57
61
65
71
59
66
62
45
85
102
101
64
64
Net Income, GAAP
27
223
86
227
166
545
441
845
999
900
897
775
982
1,056
Effective Tax Rate (%)
- -
26.45
10.11
30.93
42.7
21.99
22.87
8.15
21.34
21.31
18.79
21
22.03
21.69
Profit Margin (%)
2.27
19.41
7.63
18.31
12.7
28.88
24.26
32.94
33.41
28.85
28.43
25.03
29.55
30.82
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
1,694
1,834
1,267
995
776
729
791
1,670
1,590
1,597
1,150
1,148
1,274
1,321
Total Equity
2,501
2,582
2,640
2,705
4,580
4,785
5,076
8,307
8,494
8,547
9,291
9,111
9,142
9,463
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
0.97
10.06
3.59
9.68
4.9
12.56
9.58
13.45
12.64
11.64
11.01
8.75
11.32
12.08

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
242
1,975
842
LT Borrowings
1,274
1,318
1,321
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
349
741
682
Shares Outstanding
485
476
475
Market Capitalization
11,587
10,827
12,169

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
8,607
8,338
8,300
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
242
1,975
842
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.6%
1.99%
0.34%
Free Cash Flow
30.1%
125.52%
-51.39%
Net Income, GAAP
46.02%
4.22%
26.71%
Sales/Revenue/Turnover
12.5%
5.5%
7.33%
Total Cash Common Dividend
21.47%
9.56%
-3.09%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
798
792
802
703
3,096
2025
789
807
865
863
3,323
2026
837
861
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.33
0.34
0.4
0.3
1.37
2025
0.41
0.46
0.5
0.52
1.89
2026
0.54
0.55
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
0.17
0.17
0.16
0.67
2025
0.17
0.17
0.17
0.16
0.67
2026
0.16
0.19
- -
- -
- -

Company Description

APIChatGPT
CEO
D. Bryan Jordan
Full Time Employees
7,422
Sector
Financial Services
Industry
Banks - Regional
Address
165 Madison Avenue Memphis TN United States of America 38103
IPO Date
Mar 17, 1980
Business
First Horizon Corporation (NYSE: FHN), founded in 1864 and headquartered in Memphis, Tennessee, operates as the bank holding company for First Horizon Bank, a leading regional financial services provider with approximately $82 billion in assets that delivers commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage services through approximately 300 banking centers across 12 southern U.S. states. The company conducts its activities through key segments including Regional Banking, which encompasses commercial banking, business banking, consumer banking, private client services, deposits, loans, wealth investments, financial planning, trust, and asset management; Specialty Banking, offering wholesale services such as fixed income and capital markets, professional commercial real estate, mortgage warehouse lending, asset-based lending, franchise finance, equipment finance, energy finance, healthcare finance, trucking and transportation finance, treasury management solutions, loan syndications, and international banking; and Corporate, which supports transaction processing including check clearing and remittance processing, credit card products, mutual funds, retail insurance, and correspondent banking. First Horizon targets businesses of all sizes, high-net-worth individuals, families, and institutional clients with a customer-centric approach emphasizing local expertise and national strength. Recent developments include the termination of its proposed merger with TD Bank, enabling a strategic pivot to independent growth with $75 million to $100 million allocated from the $200 million termination fee for technology upgrades in digital banking, wealth management, treasury management, marketing technology, and artificial intelligence over the next three years alongside a 20% increase in tech staff; a partnership with LPL Financial to support its First Horizon Wealth Management business overseeing $16 billion in client assets across 110 advisors in 12 states; authorization of a $1.2 billion common stock repurchase program; and expectations for 5% to 7% organic loan growth driven by commercial real estate and C&I sectors while targeting a CET1 capital ratio of 10% to 10.5%.

Company News

APIChatGPT
  • James Petrillo Joins First Horizon Bank as Vice President, De Novo New Build Leader

  • First Horizon Recognized on Memphis Business Journal's "Best Places to Work in Memphis" List

  • First Horizon Bank Strengthens Commercial Banking Team in Acadiana

  • First Horizon Bank Promotes Michael Doerr to Senior Vice President, Senior Commercial Banking Sales Manager

  • First Horizon Recognized With Two Newsweek Awards for Second Consecutive Year

  • EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

  • First Horizon Announces Results of its 2026 Company-Run Stress Test

  • First Horizon Declares Cash Dividends on Common and Preferred Stock

  • Jim Cramer: Nike Is 'Just OK' While This 'Inexpensive' Financial Stock Is ‘Terrific'

  • First Horizon Bank Expands Loan Syndications Team with Strategic Hires

  • Entropy Technologies LP Has $1.89 Million Stock Holdings in First Horizon Corporation $FHN

  • First Horizon Bank and Charlotte Hornets to Distribute 10,000 Basketballs to Boys & Girls Clubs Across The Carolinas Through Bee-Ball For All Presented By First Horizon Bank

  • First Horizon Hires Scott Serpico as Senior Vice President, Head of Product

  • Lebron Womack Named Chattanooga Market President for First Horizon Bank

  • Lebron Womack Named Chattanooga Market President for First Horizon Bank

  • Josh Newsom Joins First Horizon Bank in North Mississippi Market

  • Brown Named Central Arkansas President for First Horizon Bank

  • Decker Wealth Management LLC Takes Position in First Horizon Corporation $FHN

  • A Decade of Client-first Service in Music, Sports and Entertainment at First Horizon Bank

  • First Horizon Bank and United Way of Southeast Louisiana Announce Meghan Donelon is Appointed Executive Committee Board Chair