Back to top
more

First Horizon (FHN)

(Delayed Data from NYSE)

$14.17 USD

14.17
8,744,530

+0.26 (1.87%)

Updated Apr 17, 2024 04:00 PM ET

After-Market: $14.16 -0.01 (-0.07%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value F Growth A Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 31% (79 out of 251)

Industry: Banks - Southwest

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Balance Sheet

Research for FHN

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

   

Fiscal Year End for First Horizon Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 4,471 4,302 18,296 11,175 3,096
Receivables 60,519 57,417 54,189 57,269 30,901
Notes Receivable 0 0 0 0 0
Inventories 502 590 1,172 1,022 594
Other Current Assets 0 0 0 0 0
Total Current Assets 65,492 62,309 73,657 69,466 34,590
Net Property & Equipment 590 612 665 759 455
Investments & Advances 9,714 10,207 9,419 8,047 4,455
Other Non-Current Assets 0 0 0 0 18
Deferred Charges 0 0 0 0 0
Intangibles 1,696 1,745 1,809 1,865 1,563
Deposits & Other Assets 4,169 4,080 3,542 4,072 2,229
Total Assets 81,661 78,953 89,092 84,209 43,311
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 2,549 2,506 2,124 2,198 3,518
Accounts Payable 65,780 63,489 74,895 69,982 32,479
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 509 335 426 353 506
Total Current Liabilities 68,838 66,330 77,445 72,533 36,503
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,150 1,597 1,590 1,670 791
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 2,382 2,479 1,563 1,699 941
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 72,370 70,406 80,598 75,902 38,235
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 520 1,014 520 470 96
Common Stock (Par) 349 336 333 347 195
Capital Surplus 5,351 4,840 4,743 5,074 2,931
Retained Earnings 3,964 3,430 2,891 2,261 1,798
Other Equity -893 -1,073 7 155 56
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 9,291 8,547 8,494 8,307 5,076
Total Liabilities & Shareholder's Equity 81,661 78,953 89,092 84,209 43,311
Total Common Equity 8,771 7,533 7,974 7,837 4,980
Shares Outstanding 558.70 536.80 549.30 555.40 311.10
Book Value Per Share 15.70 14.03 14.52 14.11 16.01

Fiscal Year End for First Horizon Corporation falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 4,471 4,586 7,001 4,906
Receivables NA 60,519 61,018 60,558 58,330
Notes Receivable NA 0 0 0 0
Inventories NA 502 613 789 650
Other Current Assets NA 0 0 0 0
Total Current Assets NA 65,492 66,217 68,348 63,886
Net Property & Equipment NA 590 590 595 603
Investments & Advances NA 9,714 9,435 9,949 10,316
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 1,696 1,709 1,721 1,733
Deposits & Other Assets NA 4,169 4,582 4,458 4,191
Total Assets NA 81,661 82,533 85,071 80,729
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 2,549 2,507 6,946 6,484
Accounts Payable NA 65,780 67,015 65,433 61,440
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 509 366 174 144
Total Current Liabilities NA 68,838 69,888 72,553 68,068
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 1,150 1,157 1,156 1,605
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 2,695 2,402 2,161
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 72,370 73,740 76,111 71,834
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 520 520 520 1,014
Common Stock (Par) NA 349 349 349 336
Capital Surplus NA 5,351 5,337 5,325 4,863
Retained Earnings NA 3,964 3,874 3,830 3,595
Other Equity NA -893 -1,287 -1,064 -913
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 9,291 8,793 8,960 8,895
Total Liabilities & Shareholder's Equity NA 81,661 82,533 85,071 80,729
Total Common Equity 0 8,771 8,273 8,440 7,881
Shares Outstanding 554.90 558.70 558.70 539.00 537.80
Book Value Per Share 0.00 15.70 14.81 15.66 14.65