First Horizon Corporation

First Horizon Corporation

FHN
First Horizon CorporationUS flagNew York Stock Exchange
24.95
USD
+0.14
- -
11.84BMarket Cap
First Horizon Corporation
FHN
(New York Stock Exchange)

Recent

price

24.95

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
6.02
5.44
5.44
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
6.8
Revenue per Share
-0.22
0.5
-0.11
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
2.02
Basic EPS, GAAP
2.75
0.03
1.44
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
1.06
Free Cash Flow per Basic Share
0.18
0.03
0.04
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
0.67
Dividend per Share
3.02
3.49
3.58
3.59
4.26
4.37
5.05
5.65
5.37
6.35
6.04
5.9
7.04
7.87
8.72
10.56
11.09
Book Value per Share
8.64
9.06
9.19
9.22
9.86
9.93
10.3
12.07
9.56
10.89
13.82
11.29
10.82
12.91
13.02
14.21
14.35
Tangible Book Value per Share
263
263
244
235
234
234
233
241
324
314
432
546
535
548
540
505
496
Basic Weighted Avg Shares
1,585
1,431
1,324
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
3,372
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
82
89
118
72
57
61
65
71
59
66
62
45
85
102
101
64
64
Depreciation Expense
50
131
-28
27
223
86
227
166
545
441
845
999
900
897
775
982
1,027
Net Income, GAAP
- -
10.57
- -
- -
26.45
10.11
30.93
42.7
21.99
22.87
8.15
21.34
21.31
18.79
21
22.03
22.05
Effective Tax Rate (%)
3.17
9.17
-2.1
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
30.46
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
3,228
2,436
2,181
1,694
1,834
1,267
995
776
729
791
1,670
1,590
1,597
1,150
1,148
1,274
1,318
LT Debt
2,678
2,685
2,509
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
9,465
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
-6.33
15.3
-3.1
2.46
23.5
7.88
20.09
12.55
34.71
23.3
35.73
32.99
24.84
21.41
16.36
19.04
19.37
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,596
242
1,975
LT Borrowings
1,328
1,274
1,318
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
349
349
741
Shares Outstanding
500
485
476
Market Capitalization
11,633
12,075
11,289

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
8,681
8,607
8,338
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
1,596
242
1,975
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
- -
- -
- -
- -

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
- -
- -
- -
- -

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
- -
- -
- -
- -
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
  • Cleveland Market President of First Horizon Bank, Logan Young, Named Manager of Business Banking for East Tennessee Region

  • First Horizon Bank Names Craig Bechtel Specialty Director and Group Head of Its Corporate Healthcare Team

  • First Horizon Corporation to Announce Second Quarter Financial Results on July 15, 2026

  • First Horizon Expands Atlanta Leadership Team

  • First Horizon Bank Recognized in CityBusiness Reader Rankings

  • First Horizon Corporation (FHN) Presents at Morgan Stanley US Financials Conference 2026 Transcript

  • First Horizon Banker Christopher Tusa Joins Habitat for Humanity STW Board of Directors

  • First Horizon Bank Welcomes Kevin Piker as Commercial Relationship Manager

  • First Horizon Bank Welcomes Ray Cenolli as Retail Banking Executive for the Memphis Market

  • First Horizon Recognized as Great Place to Work-Certified™ for the Seventh Time

  • First Horizon Corporation to Participate in the Morgan Stanley U.S. Financials Conference

  • First Horizon Bank and First Horizon Coliseum Announce New Shareable Fan Experience

  • Why Is First Horizon (FHN) Down 1.1% Since Last Earnings Report?

  • First Horizon Bank Named a 2026 VETS Indexes Employer

  • First Horizon Bank Expands Financial Literacy Impact Through Its 2026 Teach Children to Save Program

  • First Horizon National (FHN) is a Top-Ranked Value Stock: Should You Buy?

  • Wanda Weinberger Joins First Horizon Bank as Banking Center Manager of Pan American Life Location

  • Wanda Weinberger Joins First Horizon Bank as Banking Center Manager of Pan American Life Location

  • First Horizon Announces Tyler Craft Named to the Triangle Business Journal 2026 40 Under 40

  • James Gifas Joins First Horizon Bank as Senior Vice President, Deputy Head of Treasury Management