Last 7 days
-26.6%
Last 30 days
-36.6%
Last 90 days
-35.8%
Trailing 12 Months
-31.8%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 387.2B | 128.7B | -10.04% | -0.72% | 10.28 | 3.01 | 5.79% | -22.05% |
BAC | 231.7B | 95.0B | -20.08% | -30.09% | 8.42 | 2.44 | 6.55% | -13.92% |
WFC | 149.2B | 54.0B | -19.28% | -21.00% | 11.32 | 2.76 | 36.10% | -38.82% |
USB | 54.5B | 17.9B | -27.81% | -32.89% | 9.36 | 3.04 | 33.05% | -26.85% |
PNC | 53.3B | 21.1B | -22.32% | -30.61% | 8.73 | 2.53 | 9.94% | 6.78% |
FHN | 8.3B | 2.7B | -36.60% | -31.85% | 9.27 | 3.11 | 24.33% | -9.91% |
MID-CAP | ||||||||
CFR | 7.0B | 1.5B | -19.15% | -23.26% | 12.05 | 4.73 | 46.29% | 30.71% |
BOKF | 7.0B | 1.4B | -15.84% | -11.84% | 13.4 | 5.01 | 17.98% | -15.83% |
ZION | 4.8B | 2.7B | -41.49% | -51.97% | 5.26 | 1.76 | 19.32% | -19.66% |
PNFP | 4.4B | 1.4B | -29.93% | -40.27% | 7.8 | 3.18 | 33.23% | 6.34% |
SMALL-CAP | ||||||||
PRK | 2.1B | 378.2M | -5.46% | -7.67% | 13.94 | 5.47 | 19.24% | -3.63% |
TRMK | 1.6B | 541.8M | -14.17% | -19.11% | 22.59 | 3 | 22.45% | -51.22% |
WABC | 1.4B | 221.8M | -13.82% | -20.18% | 11.1 | 6.11 | 27.86% | 41.07% |
HOPE | 1.3B | 716.1M | -19.52% | -33.30% | 6.15 | 1.87 | 26.40% | 6.70% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 13.8% | 2,683 | 2,358 | 2,158 | 2,117 | 2,158 |
EBITDA | 1.5% | 3,415 | 3,363 | 3,115 | 3,231 | - |
EBITDA Margin | -10.8% | 1.27* | 1.43* | 1.44* | 1.53* | - |
Earnings Before Taxes | 4.7% | 1,159 | 1,107 | 1,059 | 1,233 | 1,284 |
EBT Margin | -8.0% | 0.43* | 0.47* | 0.49* | 0.58* | - |
Interest Expenses | 8.5% | 2,181 | 2,011 | 1,966 | 1,994 | - |
Net Income | 3.8% | 900 | 867 | 834 | 968 | 999 |
Net Income Margin | -8.8% | 0.34* | 0.37* | 0.38* | 0.45* | - |
Free Cahsflow | -6.0% | 2,311 | 2,459 | 1,244 | 371 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | -1.7% | 78,953 | 80,299 | 85,132 | 88,660 | 89,092 |
Cash Equivalents | -18.1% | 1,543 | 1,883 | 1,845 | 1,865 | 1,788 |
Net PPE | -1.6% | 612 | 622 | 636 | 669 | 665 |
Goodwill | 0% | 1,511 | 1,511 | 1,511 | 1,511 | 1,511 |
Liabilities | -2.2% | 70,406 | 72,016 | 76,581 | 79,964 | 80,598 |
. Short Term Borrowings | 77.0% | 2,506 | 1,416 | 1,953 | 1,719 | 2,124 |
Shareholder's Equity | 7.0% | 8,547 | 7,988 | 8,551 | 8,697 | 8,199 |
Retained Earnings | 5.4% | 3,430 | 3,254 | 3,079 | 2,996 | 2,891 |
Additional Paid-In Capital | 0.6% | 4,840 | 4,812 | 4,791 | 4,769 | 4,743 |
Accumulated Depreciation | - | 407 | - | - | - | - |
Shares Outstanding | 0.3% | 536 | 535 | 533 | - | - |
Minority Interest | 0% | 295 | 295 | 295 | 295 | 295 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | -6.0% | 2,311 | 2,459 | 1,244 | 371 | 741 |
Share Based Compensation | 15.4% | 75.00 | 65.00 | 54.00 | 47.00 | 43.00 |
Cashflow From Investing | 18.6% | 8,313 | 7,011 | 2,049 | -391 | -4,617 |
Cashflow From Financing | -18.9% | -10,869 | -9,145 | -3,373 | 196 | 4,016 |
Dividend Payments | 0% | 324 | 324 | 328 | 331 | 333 |
Buy Backs | -92.4% | 12.00 | 157 | 300 | 356 | 416 |
48.5%
34.6%
19.6%
Y-axis is the maximum loss one would have experienced if First Horizon National was unfortunately bought at previous high price.
6.1%
5.8%
-1.5%
20.0%
FIve years rolling returns for First Horizon National.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -9.33 | -6,064 | 227,936 | 0.01% |
2023-03-13 | Crystalline Management Inc. | new | - | 4,781,100 | 4,781,100 | 2.40% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -19.26 | -456,173 | 2,895,830 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -24.27 | -581,000 | 2,483,000 | 0.01% |
2023-03-06 | Aldebaran Financial Inc. | added | 0.08 | 85,366 | 1,444,370 | 1.55% |
2023-03-01 | Lakewood Asset Management LLC | new | - | 3,000 | 3,000 | -% |
2023-02-28 | Voya Investment Management LLC | added | 0.4 | 118,221 | 1,704,220 | -% |
2023-02-27 | Cravens & Co Advisors, LLC | new | - | 241,693 | 241,693 | 0.22% |
2023-02-27 | Parallax Volatility Advisers, L.P. | reduced | -45.69 | -440,480 | 611,520 | -% |
2023-02-24 | NATIXIS | reduced | -88.62 | -30,451,000 | 4,219,000 | 0.02% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 09, 2023 | vanguard group inc | 10.06% | 53,990,345 | SC 13G/A | |
Jan 26, 2023 | blackrock inc. | 14.1% | 75,686,563 | SC 13G/A | |
Jan 20, 2023 | blackrock inc. | 14.1% | 75,686,563 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 10.68% | 57,729,147 | SC 13G/A | |
Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
Jan 27, 2022 | blackrock inc. | 11.4% | 61,543,301 | SC 13G/A | |
Jan 25, 2022 | blackrock inc. | 11.4% | 61,543,301 | SC 13G/A | |
Apr 12, 2021 | blackrock inc. | - | 0 | SC 13G/A | |
Feb 10, 2021 | vanguard group inc | 10.25% | 56,845,282 | SC 13G/A | |
Feb 08, 2021 | fmr llc | - | 0 | SC 13G/A |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | - - | - - | - - | - - | - - |
Current Inflation | 22.20 42.67% | 29.91 92.22% | 41.63 167.54% | 57.31 268.32% | 70.78 354.88% |
Very High Inflation | - - | - - | - - | - - | - - |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 13, 2023 | ARS | ARS | |
Mar 13, 2023 | DEF 14A | DEF 14A | |
Mar 13, 2023 | DEFA14A | DEFA14A | |
Mar 13, 2023 | DEFA14A | DEFA14A | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 01, 2023 | 10-K | Annual Report |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-02 | POPWELL DAVID T | sold (taxes) | -110,314 | 21.84 | -5,051 | president-specialty banking |
2023-03-02 | LoCascio Tammy | sold (taxes) | -39,028 | 21.84 | -1,787 | sevp, chief operating officer |
2023-03-02 | Springfield Susan L | sold (taxes) | -64,340 | 21.84 | -2,946 | sr evp & chief credit officer |
2023-03-02 | Fleming Jeff L. | sold (taxes) | -24,329 | 21.84 | -1,114 | evp & chief accounting officer |
2023-03-02 | JORDAN D BRYAN | sold (taxes) | -270,270 | 21.84 | -12,375 | chairman, president & ceo |
2023-02-27 | JORDAN D BRYAN | acquired | 512,349 | 11.62 | 44,092 | chairman, president & ceo |
2023-02-24 | JORDAN D BRYAN | acquired | 1,082,480 | 11.62 | 93,157 | chairman, president & ceo |
2023-02-24 | JORDAN D BRYAN | sold | -2,310,290 | 24.8 | -93,157 | chairman, president & ceo |
2023-02-02 | AKINS TERRY LAWSON | acquired | 75,150 | 16.01 | 4,694 | sr. evp, chief risk officer |
2023-02-02 | AKINS TERRY LAWSON | sold | -115,820 | 24.674 | -4,694 | sr. evp, chief risk officer |
Consolidated Statements of Income - USD ($) shares in Thousands, $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Interest income | |||
Interest and fees on loans and leases | $ 2,292 | $ 1,957 | $ 1,722 |
Interest and fees on loans held for sale | 39 | 33 | 30 |
Interest on investment securities | 198 | 121 | 105 |
Interest on trading securities | 58 | 30 | 35 |
Interest on other earning assets | 96 | 17 | 6 |
Total interest income | 2,683 | 2,158 | 1,898 |
Interest expense: | |||
Interest on deposits | 184 | 81 | 152 |
Interest on trading liabilities | 12 | 6 | 6 |
Interest on short-term borrowings | 23 | 5 | 14 |
Interest on term borrowings | 72 | 72 | 64 |
Total interest expense | 291 | 164 | 236 |
Net interest income | 2,392 | 1,994 | 1,662 |
Provision for credit losses | 95 | (310) | 503 |
Net interest income after provision for credit losses | 2,297 | 2,304 | 1,159 |
Noninterest income | |||
Fixed income | 205 | 406 | 423 |
Deposit transactions and cash management | 171 | 175 | 148 |
Brokerage, management fees and commissions | 92 | 88 | 66 |
Card and digital banking fees | 84 | 78 | 60 |
Mortgage banking and title income | 68 | 154 | 129 |
Other service charges and fees | 54 | 44 | 26 |
Trust services and investment management | 48 | 51 | 39 |
Securities gains (losses), net | 18 | 13 | (6) |
Purchase accounting gain | 0 | (1) | 533 |
Other income | 75 | 68 | 74 |
Total noninterest income | 815 | 1,076 | 1,492 |
Noninterest expense | |||
Personnel expense | 1,101 | 1,210 | 1,033 |
Net occupancy expense | 128 | 137 | 116 |
Computer software | 113 | 116 | 85 |
Operations services | 87 | 80 | 56 |
Legal and professional fees | 62 | 68 | 84 |
Contract employment and outsourcing | 54 | 67 | 24 |
Amortization of intangible assets | 51 | 56 | 40 |
Advertising and public relations | 50 | 37 | 18 |
Equipment expense | 45 | 47 | 42 |
Communications and delivery | 37 | 37 | 31 |
Contributions | 7 | 14 | 41 |
Impairment of long-lived assets | 0 | 34 | 7 |
Other expense | 218 | 193 | 141 |
Total noninterest expense | 1,953 | 2,096 | 1,718 |
Income before income taxes | 1,159 | 1,284 | 933 |
Income tax expense | 247 | 274 | 76 |
Net income (loss) | 912 | 1,010 | 857 |
Net income attributable to noncontrolling interest | 12 | 11 | 12 |
Net income attributable to controlling interest | 900 | 999 | 845 |
Preferred stock dividends | 32 | 37 | 23 |
Net income available to common shareholders | 868 | 962 | 822 |
Net income available to common shareholders | $ 868 | $ 962 | $ 822 |
Basic earnings per share (in dollars per share) | $ 1.62 | $ 1.76 | $ 1.90 |
Diluted earnings per share (in dollars per share) | $ 1.53 | $ 1.74 | $ 1.89 |
Weighted average common shares (in shares) | 535,033 | 546,354 | 432,125 |
Diluted average common shares (in shares) | 566,004 | 551,241 | 433,717 |
Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
Assets | ||
Cash and due from banks | $ 1,061 | $ 1,147 |
Interest-bearing deposits with banks | 1,384 | 14,907 |
Federal funds sold and securities purchased under agreements to resell | 482 | 641 |
Trading securities | 1,375 | 1,601 |
Securities available for sale at fair value | 8,836 | 8,707 |
Securities held to maturity (fair value of $1,209 and $705, respectively) | 1,371 | 712 |
Loans held for sale (including $51 and $258 at fair value, respectively) | 590 | 1,172 |
Loans and leases | 58,102 | 54,859 |
Allowance for loan and lease losses | (685) | (670) |
Net loans and leases | 57,417 | 54,189 |
Premises and equipment | 612 | 665 |
Goodwill | 1,511 | 1,511 |
Other intangible assets | 234 | 298 |
Other assets | 4,080 | 3,542 |
Total assets | 78,953 | 89,092 |
Liabilities | ||
Noninterest-bearing deposits | 23,466 | 27,883 |
Interest-bearing deposits | 40,023 | 47,012 |
Total deposits | 63,489 | 74,895 |
Trading liabilities | 335 | 426 |
Short-term borrowings | 2,506 | 2,124 |
Term borrowings | 1,597 | 1,590 |
Other liabilities | 2,479 | 1,563 |
Total liabilities | 70,406 | 80,598 |
Equity | ||
Preferred stock, Non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 31,686 and 26,750 shares, respectively | 1,014 | 520 |
Common stock, $0.625 par value; authorized 700,000,000 shares; issued 537,100,615 and 533,576,766 shares, respectively | 336 | 333 |
Capital surplus | 4,840 | 4,743 |
Retained earnings | 3,430 | 2,891 |
Accumulated other comprehensive loss, net | (1,368) | (288) |
FHN shareholders' equity | 8,252 | 8,199 |
Noncontrolling interest | 295 | 295 |
Total equity | 8,547 | 8,494 |
Total liabilities and equity | $ 78,953 | $ 89,092 |