Last 7 days
1.5%
Last 30 days
13.1%
Last 90 days
15.4%
Trailing 12 Months
45.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 3.4B | 0 | 0 | 0 |
2023 | 3.1B | 3.5B | 3.9B | 4.1B |
2022 | 2.1B | 2.2B | 2.4B | 2.7B |
2021 | 2.1B | 2.3B | 2.2B | 2.2B |
2020 | 1.6B | 1.5B | 1.7B | 1.9B |
2019 | 1.5B | 1.5B | 1.3B | 1.7B |
2018 | 1.5B | 1.6B | 1.9B | 1.5B |
2017 | 1.3B | 1.3B | 1.3B | 1.3B |
2016 | 1.2B | 1.2B | 1.2B | 1.3B |
2015 | 1.1B | 1.2B | 1.1B | 1.2B |
2014 | 1.2B | 1.1B | 1.2B | 1.2B |
2013 | 1.2B | 1.2B | 1.2B | 1.2B |
2012 | 1.4B | 1.4B | 1.3B | 1.3B |
2011 | 1.4B | 1.4B | 1.4B | 1.4B |
2010 | 1.1B | 1.2B | 1.3B | 1.4B |
2009 | 1.5B | 1.4B | 1.3B | 1.2B |
2008 | 0 | 0 | 0 | 1.6B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 29, 2024 | carboni velia | acquired | - | - | 17,148 | - |
Apr 29, 2024 | kemp sr james michael | acquired | - | - | 11,516 | - |
Apr 29, 2024 | stewart cecelia d. | acquired | - | - | 9,414 | - |
Apr 29, 2024 | dietrich john w | acquired | - | - | 9,414 | - |
Apr 29, 2024 | compton john c | acquired | - | - | 18,829 | - |
Apr 29, 2024 | palmer vicki r | acquired | - | - | 9,414 | - |
Apr 29, 2024 | sugranes rosa | acquired | - | - | 9,414 | - |
Apr 29, 2024 | taylor r eugene | acquired | - | - | 9,414 | - |
Apr 29, 2024 | reed colin v | acquired | - | - | 12,525 | - |
Apr 29, 2024 | barton harry v jr | acquired | - | - | 9,414 | - |
Which funds bought or sold FHN recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 17, 2024 | Kozak & Associates, Inc. | new | - | 2,202 | 2,202 | -% |
May 17, 2024 | New Covenant Trust Company, N.A. | new | - | 7,115 | 7,115 | 0.01% |
May 17, 2024 | Aspect Partners, LLC | added | 1.42 | 297 | 3,291 | -% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -5.16 | 264,385 | 8,670,200 | 0.01% |
May 16, 2024 | Ancora Advisors LLC | unchanged | - | 2,028 | 25,194 | -% |
May 16, 2024 | Tidal Investments LLC | new | - | 207,361 | 207,361 | -% |
May 16, 2024 | COMERICA BANK | reduced | -7.48 | 31,951 | 5,145,300 | 0.02% |
May 16, 2024 | LEVIN CAPITAL STRATEGIES, L.P. | sold off | -100 | -141,600 | - | -% |
May 16, 2024 | Beacon Capital Management, LLC | reduced | -11.53 | 19,207 | 100,539 | 0.02% |
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -46.00 | -4,698,690 | 6,687,100 | -% |
Unveiling First Horizon National Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to First Horizon National Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 588.1B | 174.7B | 11.68 | 3.37 | ||||
BAC | 307.4B | 137.9B | 12.28 | 2.23 | ||||
WFC | 213.0B | 85.8B | 11.35 | 2.48 | ||||
C | 122.2B | 125.0B | 15.29 | 0.98 | ||||
CFG | 16.9B | 10.4B | 11.81 | 1.62 | ||||
KEY | 14.5B | 8.1B | 16.61 | 1.78 | ||||
MID-CAP | ||||||||
CMA | 7.3B | 4.2B | 10.46 | 1.71 | ||||
ZION | 6.6B | 4.1B | 10.55 | 1.63 | ||||
ABCB | 3.5B | 1.3B | 12.32 | 2.65 | ||||
ASB | 3.4B | 2.0B | 20.88 | 1.65 | ||||
SMALL-CAP | ||||||||
AMNB | 497.6M | 120.2M | 19.02 | 4.14 | ||||
AROW | 417.1M | 173.1M | 14.3 | 2.41 | ||||
ALRS | 390.4M | 152.4M | 39.27 | 2.56 | ||||
ACNB | 295.5M | 98.7M | 10.04 | 2.99 | ||||
ASRV | 48.0M | 62.5M | -16.24 | 0.77 |
First Horizon National Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -82.1% | 194 | 1,086 | 1,080 | 1,015 | 920 | 857 | 733 | 583 | 510 | 532 | 533 | 542 | 552 | 576 | 598 | 346 | 378 | 373 | 407 | 449 | 427 |
EBITDA Margin | 16.9% | 1.05* | 0.89* | 1.03* | 1.19* | 1.26* | 1.35* | 1.43* | 1.44* | 1.53* | 1.53* | 1.52* | 1.59* | 1.50* | - | - | - | - | - | - | - | - |
Interest Expenses | 1.3% | 625 | 617 | 605 | 630 | 688 | 709 | 662 | 542 | 479 | 498 | 492 | 497 | 508 | 522 | 532 | 305 | 303 | 311 | 301 | 304 | 295 |
Income Taxes | 595.7% | 57.00 | -11.50 | 52.00 | 96.00 | 76.00 | 64.00 | 78.00 | 48.00 | 57.00 | 52.00 | 63.00 | 88.00 | 71.00 | 56.00 | 2.00 | 13.00 | 5.00 | 37.00 | 36.00 | 34.00 | 27.00 |
Earnings Before Taxes | 42.7% | 254 | 178 | 194 | 425 | 331 | 334 | 346 | 225 | 255 | 281 | 298 | 399 | 307 | 301 | 541 | 70.00 | 21.00 | 158 | 150 | 148 | 130 |
EBT Margin | 13.2% | 0.31* | 0.28* | 0.33* | 0.41* | 0.40* | 0.43* | 0.47* | 0.49* | 0.58* | 0.60* | 0.59* | 0.68* | 0.59* | - | - | - | - | - | - | - | - |
Net Income | 6.7% | 192 | 180 | 137 | 329 | 255 | 263 | 265 | 177 | 198 | 224 | 232 | 311 | 236 | 239 | 536 | 57.00 | 16.00 | 116 | 111 | 114 | 103 |
Net Income Margin | 13.0% | 0.25* | 0.22* | 0.25* | 0.32* | 0.31* | 0.34* | 0.37* | 0.38* | 0.46* | 0.46* | 0.46* | 0.58* | 0.52* | - | - | - | - | - | - | - | - |
Free Cashflow | 129.6% | 838 | 365 | 717 | 324 | -50.04 | 24.00 | 787 | 843 | 713 | 176 | -428 | -30.04 | 1,083 | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 0.2% | 81,799 | 81,661 | 82,533 | 85,071 | 80,729 | 78,953 | 80,299 | 85,132 | 88,660 | 89,092 | 88,537 | 87,908 | 87,513 | 84,209 | 83,030 | 48,645 | 47,197 | 43,311 | 43,718 | 42,172 | 41,099 |
Cash Equivalents | -9.5% | 1,566 | 1,731 | 1,438 | 1,419 | 1,296 | 1,543 | 1,883 | 1,845 | 1,865 | 1,788 | 1,558 | 1,925 | 1,689 | 1,648 | 1,668 | 1,020 | 1,130 | 1,267 | 1,496 | 1,250 | 1,213 |
Net PPE | -0.7% | 586 | 590 | 590 | 595 | 603 | 612 | 622 | 636 | 669 | 665 | 692 | 714 | 719 | 759 | 756 | 448 | 448 | 455 | 452 | 454 | 484 |
Goodwill | 0% | 1,510 | 1,510 | 1,511 | 1,511 | 1,511 | 1,511 | 1,511 | 1,511 | 1,511 | 1,511 | 1,511 | 1,511 | 1,511 | 1,511 | 1,510 | 1,511 | 1,511 | 1,433 | 1,433 | 1,433 | 1,433 |
Liabilities | 0.4% | 72,626 | 72,370 | 73,740 | 76,111 | 71,834 | 70,406 | 72,016 | 76,581 | 79,964 | 80,598 | 80,005 | 79,343 | 79,206 | 75,902 | 74,885 | 43,436 | 42,142 | 38,235 | 38,722 | 37,246 | 36,252 |
Short Term Borrowings | 6.0% | 2,703 | 2,549 | 2,507 | 6,946 | 6,484 | 2,506 | 1,416 | 1,953 | 1,719 | 102 | 2,225 | 2,246 | 2,203 | 1,187 | 2,142 | - | - | 2,253 | - | - | - |
Shareholder's Equity | 2.0% | 9,173 | 8,996 | 8,498 | 8,960 | 8,895 | 8,252 | 8,283 | 8,551 | 8,697 | 8,494 | 8,532 | 8,565 | 8,307 | 8,307 | 8,144 | 5,208 | 5,056 | 5,076 | 4,996 | 4,926 | 4,847 |
Retained Earnings | 2.7% | 4,072 | 3,964 | 3,874 | 3,830 | 3,595 | 3,430 | 3,254 | 3,079 | 2,996 | 2,891 | 2,753 | 2,612 | 2,402 | 2,261 | 2,111 | 1,672 | 1,667 | 1,798 | 1,726 | 1,661 | 1,596 |
Additional Paid-In Capital | -2.6% | 5,214 | 5,351 | 5,337 | 5,325 | 4,863 | 4,840 | 4,812 | 4,791 | 4,769 | 4,743 | 4,866 | 4,997 | 5,036 | 5,074 | 5,061 | 2,941 | 2,939 | 2,931 | 2,925 | 2,942 | 2,984 |
Shares Outstanding | 1.2% | 555 | 548 | 559 | 539 | 537 | 535 | 535 | 534 | 533 | 546 | 546 | 551 | - | - | - | - | - | - | - | - | - |
Minority Interest | 0% | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 |
Float | - | - | - | - | 6,200 | - | - | - | 11,600 | - | - | - | 9,400 | - | - | - | 3,000 | - | - | - | 4,600 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 129.6% | 838 | 365 | 698 | 305 | -69.00 | 5.00 | 768 | 824 | 694 | 157 | -447 | -49.00 | 1,064 | 445 | 230 | 897 | -1,400 | 113 | 369 | 225 | 122 |
Share Based Compensation | 20.0% | 18.00 | 15.00 | 13.00 | -14.00 | 22.00 | 22.00 | 21.00 | 18.00 | 14.00 | 12.00 | 10.00 | 11.00 | 10.00 | 9.00 | 13.00 | 3.00 | 7.00 | 6.00 | 6.00 | 5.00 | 5.00 |
Cashflow From Investing | -171.3% | -876 | 1,228 | 2,273 | -4,084 | -2,022 | 1,178 | 4,435 | 2,566 | 154 | -128 | -527 | 126 | -4,072 | -1,518 | 1,777 | -2,744 | -2,482 | 55.00 | -1,346 | -1,005 | -92.73 |
Cashflow From Financing | 90.2% | -127 | -1,300 | -2,952 | 3,902 | 1,844 | -1,523 | -5,165 | -3,410 | -771 | 201 | 607 | 159 | 3,049 | 1,053 | -1,359 | 1,737 | 3,745 | -397 | 1,223 | 818 | -222 |
Dividend Payments | 1.2% | 85.00 | 84.00 | 84.00 | 84.00 | 83.00 | 81.00 | 81.00 | 80.00 | 82.00 | 81.00 | 85.00 | 83.00 | 84.00 | 83.00 | 47.00 | 48.00 | 44.00 | 44.00 | 44.00 | 45.00 | 39.00 |
Buy Backs | 31700.0% | 159 | 1.00 | - | 5.00 | 4.00 | -0.50 | 3.00 | 8.00 | 2.00 | 144 | 146 | 64.00 | 62.00 | - | 1.00 | 1.00 | 2.00 | -0.04 | 28.00 | 52.00 | 53.00 |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Millions | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Interest income | ||
Interest and fees on loans and leases | $ 952 | $ 806 |
Interest and fees on loans held for sale | 9 | 11 |
Interest on investment securities | 60 | 62 |
Interest on trading securities | 20 | 20 |
Interest on other earning assets | 32 | 21 |
Total interest income | 1,073 | 920 |
Interest expense | ||
Interest on deposits | 398 | 171 |
Interest on trading liabilities | 5 | 3 |
Interest on short-term borrowings | 28 | 38 |
Interest on term borrowings | 17 | 20 |
Total interest expense | 448 | 232 |
Net interest income | 625 | 688 |
Provision for credit losses | 50 | 50 |
Net interest income after provision for credit losses | 575 | 638 |
Noninterest income | ||
Fixed income | 52 | 39 |
Deposit transactions and cash management | 44 | 42 |
Brokerage, management fees and commissions | 24 | 22 |
Card and digital banking fees | 19 | 20 |
Other service charges and fees | 13 | 13 |
Trust services and investment management | 11 | 11 |
Mortgage banking income | 9 | 5 |
Other income | 22 | 19 |
Total noninterest income | 194 | 171 |
Noninterest expense | ||
Personnel expense | 301 | 271 |
Net occupancy expense | 31 | 31 |
Computer software | 30 | 28 |
Deposit insurance expense | 24 | 12 |
Operations services | 21 | 22 |
Legal and professional fees | 14 | 8 |
Contract employment and outsourcing | 13 | 12 |
Amortization of intangible assets | 11 | 12 |
Equipment expense | 11 | 11 |
Advertising and public relations | 8 | 14 |
Communications and delivery | 8 | 9 |
Other expense | 43 | 48 |
Total noninterest expense | 515 | 478 |
Income before income taxes | 254 | 331 |
Income tax expense | 57 | 76 |
Net income | 197 | 255 |
Net income attributable to noncontrolling interest | 5 | 4 |
Net income attributable to controlling interest | 192 | 251 |
Preferred stock dividends | 8 | 8 |
Net income available to common shareholders | 184 | 243 |
Net income available to common shareholders | $ 184 | $ 243 |
Basic earnings per common share (in dollars per share) | $ 0.33 | $ 0.45 |
Diluted earnings per common share (in dollars per share) | $ 0.33 | $ 0.43 |
Weighted average common shares (in shares) | 554,977 | 536,938 |
Diluted average common shares (in shares) | 557,873 | 571,991 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Assets | ||
Cash and due from banks | $ 749 | $ 1,012 |
Interest-bearing deposits with banks | 1,885 | 1,328 |
Federal funds sold and securities purchased under agreements to resell | 817 | 719 |
Trading securities | 1,161 | 1,412 |
Securities available for sale at fair value | 8,148 | 8,391 |
Securities held to maturity (fair value of $1,131 and $1,161, respectively) | 1,311 | 1,323 |
Loans held for sale (including $84 and $68 at fair value, respectively) | 395 | 502 |
Loans and leases | 61,753 | 61,292 |
Allowance for loan and lease losses | (787) | (773) |
Net loans and leases | 60,966 | 60,519 |
Premises and equipment | 586 | 590 |
Goodwill | 1,510 | 1,510 |
Other intangible assets | 175 | 186 |
Other assets | 4,096 | 4,169 |
Total assets | 81,799 | 81,661 |
Liabilities | ||
Noninterest-bearing deposits | 16,410 | 17,204 |
Interest-bearing deposits | 49,331 | 48,576 |
Total deposits | 65,741 | 65,780 |
Trading liabilities | 467 | 509 |
Short-term borrowings | 2,703 | 2,549 |
Term borrowings | 1,165 | 1,150 |
Other liabilities | 2,550 | 2,382 |
Total liabilities | 72,626 | 72,370 |
Equity | ||
Preferred stock, Non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 26,750 shares | 520 | 520 |
Common stock, $0.625 par value; authorized 700,000,000 shares; issued 548,636,986 and 558,838,694 shares, respectively | 343 | 349 |
Capital surplus | 5,214 | 5,351 |
Retained earnings | 4,072 | 3,964 |
Accumulated other comprehensive loss, net | (1,271) | (1,188) |
FHN shareholders' equity | 8,878 | 8,996 |
Noncontrolling interest | 295 | 295 |
Total equity | 9,173 | 9,291 |
Total liabilities and equity | $ 81,799 | $ 81,661 |