First Horizon Corp FHN
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
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11 favored bank stocks that still trade at cheap valuations
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First Horizon Recognized by TIME Magazine on list of World's Best Companies
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UPDATE - Thnks Announces Winners of the 2024 Thnks Gratitude in Business Awards
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Thnks Announces Winners of the 2024 Thnks Gratitude in Business Awards
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First Horizon Is Now the Official Bank of the Ragin' Cajuns
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First Horizon to Pay SEC Fine Over Broker Rule Compliance
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First Horizon Announces Sponsorship of ABC's "Extreme Makeover: Home Edition"
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First Horizon Corporation to Participate at the Barclays 22nd Annual Global Financial Services Conference
Trading Information
- Previous Close Price
- $15.39
- Day Range
- $15.30–15.53
- 52-Week Range
- $10.08–17.46
- Bid/Ask
- $15.29 / $16.12
- Market Cap
- $8.31 Bil
- Volume/Avg
- 10.6 Mil / 6.1 Mil
Key Statistics
- Price/Earnings (Normalized)
- 11.93
- Price/Sales
- 2.77
- Dividend Yield (Trailing)
- 3.87%
- Dividend Yield (Forward)
- 3.87%
- Total Yield
- 8.52%
Company Profile
First Horizon Corp is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee. The regional bank is responsible for roughly 65% of its revenue, while capital markets make a 25% contribution. The remainder is split between the firm's non-strategic (wind-down) and corporate operations. First Horizon concentrates on offering a variety of banking products mainly in its home state, where it has the second- largest deposit franchise with a 13% deposit market share.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Small Value
- Total Number of Employees
- 7,300
- Website
- https://www.firsthorizon.com
Comparables
Valuation
|
Metric
|
FHN
|
CFG
|
KEY
|
|---|---|---|---|
Price/Earnings (Normalized) | 11.93 | 12.18 | 16.45 |
Price/Book Value | 1.01 | 0.85 | 1.27 |
Price/Sales | 2.77 | 2.39 | 2.60 |
Price/Cash Flow | 11.55 | 6.31 | 6.65 |
Price/Earnings
FHN
CFG
KEY
Financial Strength
|
Metric
|
FHN
|
CFG
|
KEY
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
FHN
|
CFG
|
KEY
|
|---|---|---|---|
Return on Assets (Normalized) | 0.94% | 0.70% | 0.69% |
Return on Equity (Normalized) | 9.48% | 7.17% | 11.20% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
FHN
CFG
KEY
Banks - Regional Industry Comparables
|
1-Day Chart
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United States