First Horizon (FHN)
(Delayed Data from NYSE)
$15.67 USD
-0.30 (-1.88%)
Updated Sep 23, 2024 04:00 PM ET
After-Market: $15.66 -0.01 (-0.06%) 6:42 PM ET
3-Hold of 5 3
B Value F Growth A Momentum C VGM
Company Summary
First Horizon Corporation is a financial services company based in Memphis, TN. It provides diversified financial services, mainly via its principal subsidiary First Horizon Bank. First Horizon Bank's principal divisions and subsidiaries operate under the brands of First Horizon Bank, IBERIABANK, First Horizon Advisors and FHN Financial. The company offers regional banking, mortgage lending, title insurance, specialized commercial lending, commercial leasing and equipment financing, brokerage, wealth management and capital market services.
It operates through three business segments. Regional Banking segment offers financial products and services including traditional lending and deposit ...
Company Summary
First Horizon Corporation is a financial services company based in Memphis, TN. It provides diversified financial services, mainly via its principal subsidiary First Horizon Bank. First Horizon Bank's principal divisions and subsidiaries operate under the brands of First Horizon Bank, IBERIABANK, First Horizon Advisors and FHN Financial. The company offers regional banking, mortgage lending, title insurance, specialized commercial lending, commercial leasing and equipment financing, brokerage, wealth management and capital market services.
It operates through three business segments. Regional Banking segment offers financial products and services including traditional lending and deposit taking. It also provides investments, financial planning, wealth management, financial planning, trust services and asset management for consumer clients.
Specialty Banking segment provides asset-based lending, mortgage warehouse lending, commercial real estate, franchise finance, correspondent banking, equipment finance, mortgage and title insurance. The segment also garners treasury management solutions, loan syndications and international banking. It also has a line of business focused on fixed income securities sales, trading, underwriting and strategies for institutional clients in the United States and abroad as well as loan sales, portfolio advisory services and derivative sales.
The Corporate segment includes risk management, audit, accounting, finance, executive office and corporate communications. The segment includes centralized management of capital and funding to support the business activities of the company including management of wholesale funding, liquidity, and capital management and allocation. It also consists of revenues and expenses associated with run-off businesses, such as pre-2009 mortgage banking elements, run-off consumer and trust preferred loan portfolios, and other exited businesses.
In 2020, it acquired 30 branches from Truist Financial and concluded an all-stock merger of equals with IBERIABANK Corp.
As of Jun 30, 2024, First Horizon had $82.2 billion in assets, $62.8 billion in loans and leases, net of unearned income, $64.8 billion in total deposits and $9 billion in shareholder equity.
General Information
First Horizon Corporation
165 MADISON AVENUE
MEMPHIS, TN 38103
Phone: 901-523-4444
Fax: 901-523-4945
Web: http://www.firsthorizon.com
Email: natalie.flanders@firsthorizon.com
Industry | Banks - Southwest |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Earnings Date | 10/16/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.38 |
Current Year EPS Consensus Estimate | 1.46 |
Estimated Long-Term EPS Growth Rate | 3.40 |
Earnings Date | 10/16/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 15.97 |
52 Week High | 17.46 |
52 Week Low | 10.08 |
Beta | 0.88 |
20 Day Moving Average | 5,451,095.00 |
Target Price Consensus | 18.25 |
4 Week | -3.85 |
12 Week | 1.27 |
YTD | 12.78 |
4 Week | -5.00 |
12 Week | -3.03 |
YTD | -5.66 |
Shares Outstanding (millions) | 535.89 |
Market Capitalization (millions) | 8,558.21 |
Short Ratio | NA |
Last Split Date | 12/8/2010 |
Dividend Yield | 3.76% |
Annual Dividend | $0.60 |
Payout Ratio | 0.46 |
Change in Payout Ratio | 0.07 |
Last Dividend Payout / Amount | 9/13/2024 / $0.15 |
Fundamental Ratios
P/E (F1) | 10.93 |
Trailing 12 Months | 12.28 |
PEG Ratio | 3.23 |
vs. Previous Year | -7.69% |
vs. Previous Quarter | 2.86% |
vs. Previous Year | -9.87% |
vs. Previous Quarter | 0.95% |
Price/Book | 1.02 |
Price/Cash Flow | 9.49 |
Price / Sales | 1.69 |
6/30/24 | 8.84 |
3/31/24 | 8.96 |
12/31/23 | 9.94 |
6/30/24 | 0.92 |
3/31/24 | 0.92 |
12/31/23 | 1.00 |
6/30/24 | 0.95 |
3/31/24 | 0.96 |
12/31/23 | 0.95 |
6/30/24 | 0.95 |
3/31/24 | 0.95 |
12/31/23 | 0.94 |
6/30/24 | 14.92 |
3/31/24 | 14.69 |
12/31/23 | 16.47 |
6/30/24 | 14.03 |
3/31/24 | 16.07 |
12/31/23 | 17.80 |
6/30/24 | 17.48 |
3/31/24 | 20.18 |
12/31/23 | 22.44 |
6/30/24 | 15.60 |
3/31/24 | 15.59 |
12/31/23 | 15.70 |
6/30/24 | 3.29 |
3/31/24 | 2.60 |
12/31/23 | 1.98 |
6/30/24 | 0.14 |
3/31/24 | 0.13 |
12/31/23 | 0.13 |
6/30/24 | 11.60 |
3/31/24 | 11.27 |
12/31/23 | 11.01 |