Last 7 days
-0.8%
Last 30 days
-11.6%
Last 90 days
-2.2%
Trailing 12 Months
-51.6%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-08-03 | JORDAN D BRYAN | acquired | - | - | 149,142 | chairman, president & ceo |
2023-07-03 | Fleming Jeff L. | sold (taxes) | -7,429 | 11.5 | -646 | evp & chief accounting officer |
2023-06-07 | FENSTERMAKER WILLIAM H | bought | 116,196 | 11.6196 | 10,000 | - |
2023-05-19 | PALMER VICKI R | bought | 22,041 | 11.0207 | 2,000 | - |
2023-05-12 | LoCascio Tammy | sold (taxes) | -31,166 | 9.67 | -3,223 | sevp, chief operating officer |
2023-05-12 | JORDAN D BRYAN | sold (taxes) | -945,881 | 9.67 | -97,816 | chairman, president & ceo |
2023-05-12 | Fleming Jeff L. | sold (taxes) | -22,270 | 9.67 | -2,303 | evp & chief accounting officer |
2023-05-12 | POPWELL DAVID T | sold (taxes) | -121,552 | 9.67 | -12,570 | president-specialty banking |
2023-05-12 | Springfield Susan L | sold (taxes) | -65,311 | 9.67 | -6,754 | sr evp & chief credit officer |
2023-05-12 | LoCascio Tammy | sold (taxes) | -33,148 | 9.67 | -3,428 | sevp, chief operating officer |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-26 | BROOKFIELD Corp /ON/ | added | 786 | 4,247,970 | 5,167,840 | 0.02% |
2023-09-20 | BARCLAYS PLC | reduced | -81.88 | -278,150,000 | 36,092,000 | 0.02% |
2023-09-12 | DAVIDSON KEMPNER CAPITAL MANAGEMENT LP | sold off | -100 | -46,240,000 | - | -% |
2023-09-12 | Farther Finance Advisors, LLC | added | 218 | 1,726 | 3,415 | -% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | unchanged | - | -2,943 | 5,094 | -% |
2023-09-05 | Delos Wealth Advisors, LLC | unchanged | - | -1,953 | 3,381 | -% |
2023-08-24 | Alberta Investment Management Corp | unchanged | - | -4,172,910 | 7,224,070 | 0.07% |
2023-08-23 | Stonebridge Capital Advisors LLC | unchanged | - | -33.00 | 56.00 | -% |
2023-08-22 | Old North State Trust, LLC | sold off | -100 | -5,000 | - | -% |
2023-08-22 | NEW SOUTH CAPITAL MANAGEMENT INC | unchanged | - | -65,861 | 114,019 | -% |
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 |
Date Filed | Form Type | Document | |
---|---|---|---|
Aug 04, 2023 | 10-Q | Quarterly Report | |
Aug 04, 2023 | 4 | Insider Trading | |
Aug 03, 2023 | 13F-NT | 13F-NT | |
Aug 03, 2023 | 8-K | Current Report | |
Jul 28, 2023 | S-8 | Employee Benefits Plan | |
Jul 28, 2023 | S-8 | Employee Benefits Plan | |
Jul 25, 2023 | 8-K | Current Report | |
Jul 19, 2023 | 8-K | Current Report | |
Jul 11, 2023 | S-8 POS | Employee Benefits Plan | |
Jul 11, 2023 | S-8 POS | Employee Benefits Plan |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 423.2B | 173.2B | -2.12% | 37.83% | 8.85 | 2.44 | 35.92% | 22.61% |
BAC | 212.4B | 110.0B | -4.93% | -9.59% | 7.13 | 1.93 | 51.38% | 6.30% |
WFC | 146.6B | 72.5B | -1.64% | 1.54% | 8.98 | 2.02 | 73.83% | -8.32% |
USB | 49.3B | 25.2B | -9.13% | -18.83% | 8.5 | 1.96 | 79.85% | -14.63% |
PNC | 48.1B | 22.9B | 1.90% | -17.74% | 7.54 | 2.1 | 38.72% | 11.55% |
FHN | 5.7B | 3.5B | -11.56% | -51.58% | 5.16 | 1.63 | 63.30% | 33.69% |
MID-CAP | ||||||||
CFR | 6.6B | 2.0B | -3.76% | -31.79% | 10.07 | 3.77 | 87.42% | 64.02% |
BOKF | 6.0B | 1.9B | -3.11% | -8.89% | 9.38 | 3.15 | 63.51% | 27.47% |
PNFP | 5.1B | 1.9B | 0.60% | -17.09% | 8.28 | 2.7 | 77.79% | 14.10% |
ZION | 5.0B | 3.4B | -0.29% | -31.54% | 5.64 | 1.44 | 49.65% | 2.44% |
SMALL-CAP | ||||||||
PRK | 1.5B | 434.3M | -6.99% | -23.91% | 10.88 | 3.52 | 26.93% | -3.25% |
TRMK | 1.3B | 738.4M | -6.01% | -29.59% | 12.79 | 1.8 | 72.51% | -6.48% |
WABC | 1.2B | 270.1M | -1.21% | -17.36% | 7.45 | 4.27 | 51.23% | 68.79% |
HOPE | 1.0B | 919.0M | -8.39% | -29.25% | 5.73 | 1.14 | 55.57% | -16.98% |
2.6%
-1.5%
-5.4%
9.1%
58.5%
45.4%
28.1%
Y-axis is the maximum loss one would have experienced if First Horizon National was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 14.0% | 3,524 | 3,092 | 2,683 | 2,358 | 2,158 | 2,117 | 2,158 | 2,202 | 2,267 | 2,071 | 1,898 | 1,726 | 1,535 | 1,601 | 1,624 | 1,237 | 1,482 | 1,508 | 1,546 | 1,902 | 1,571 |
EBITDA | -100.0% | - | 3,837 | 3,551 | 3,363 | 3,115 | 3,231 | 3,306 | 3,338 | 3,613 | 3,114 | 2,641 | 2,286 | 1,693 | 1,763 | 1,861 | 1,825 | 2,034 | 1,995 | 1,994 | - | - |
EBITDA Margin | -100.0% | - | 1.24* | 1.32* | 1.43* | 1.44* | 1.53* | 1.53* | 1.52* | 1.59* | 1.50* | 1.39* | 1.26* | 1.02* | 1.00* | 1.02* | 1.05* | 1.05* | 1.04* | 1.03* | - | - |
Interest Expenses | 3.4% | 2,689 | 2,601 | 2,392 | 2,181 | 2,011 | 1,966 | 1,994 | 2,019 | 2,059 | 1,867 | 1,662 | 1,451 | 1,220 | 1,218 | 1,210 | 1,201 | 1,206 | 1,213 | 1,220 | 1,160 | 1,064 |
Earnings Before Taxes | 16.2% | 1,436 | 1,236 | 1,159 | 1,107 | 1,059 | 1,233 | 1,284 | 1,305 | 1,548 | 1,219 | 933 | 790 | 398 | 477 | 586 | 553 | 762 | 720 | 714 | 615 | 342 |
EBT Margin | -100.0% | - | 0.40* | 0.43* | 0.47* | 0.49* | 0.58* | 0.59* | 0.59* | 0.68* | 0.59* | 0.49* | 0.44* | 0.24* | 0.27* | 0.32* | 0.32* | 0.39* | 0.37* | 0.37* | - | - |
Net Income | 15.7% | 1,111 | 960 | 900 | 864 | 831 | 968 | 999 | 1,020 | 1,324 | 1,070 | 845 | 727 | 303 | 359 | 441 | 426 | 587 | 559 | 545 | 402 | 199 |
Net Income Margin | -100.0% | - | 0.31* | 0.34* | 0.37* | 0.38* | 0.45* | 0.46* | 0.46* | 0.58* | 0.51* | 0.45* | 0.40* | 0.18* | 0.20* | 0.24* | 0.24* | 0.30* | 0.29* | 0.28* | - | - |
Free Cashflow | -100.0% | - | 1,548 | 2,311 | 2,459 | 1,244 | 371 | 741 | 1,013 | 1,690 | 2,597 | 133 | -198 | -58.87 | -731 | 791 | 1,043 | 499 | 522 | 195 | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 5.4% | 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 | 40,832 | 40,636 | 41,077 |
Cash Equivalents | 9.5% | 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 | 1,405 | 1,443 | - |
Net PPE | -1.3% | 595 | 603 | 612 | 622 | 636 | 669 | 665 | 692 | 714 | 719 | 759 | 756 | 448 | 448 | 455 | 452 | 454 | 484 | 494 | 506 | 525 |
Goodwill | 0% | 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 | 1,433 | 1,410 | 1,409 |
Liabilities | 6.0% | 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 | 36,047 | 35,894 | 36,527 |
Short Term Borrowings | 7.1% | 6,946 | 6,484 | 2,506 | 1,416 | 1,953 | 1,719 | 2,124 | 2,225 | 2,246 | 2,203 | 2,198 | 2,142 | - | - | 3,518 | - | - | - | - | - | - |
Shareholder's Equity | -2.6% | 8,665 | 8,895 | 8,252 | 7,988 | 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 | 4,786 | 4,742 | 4,550 |
Retained Earnings | 6.5% | 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 | 1,542 | 1,485 | 1,254 |
Additional Paid-In Capital | 9.5% | 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 | 3,029 | 3,101 | 3,114 |
Shares Outstanding | 0.4% | 539 | 537 | - | 536 | 535 | 533 | - | 546 | 550 | 552 | - | 550 | 312 | 312 | - | 312 | 314 | 317 | - | 324 | 325 |
Minority Interest | 0% | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 | 295 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -33.5% | 1,029 | 1,548 | 2,311 | 2,459 | 1,244 | 371 | 741 | 1,013 | 1,690 | 2,636 | 172 | -159 | -20.29 | -692 | 830 | 1,081 | 537 | 561 | 234 | 152 | 461 |
Share Based Compensation | -38.6% | 51.00 | 83.00 | 75.00 | 65.00 | 54.00 | 47.00 | 43.00 | 40.00 | 43.00 | 35.00 | 32.00 | 29.00 | 21.00 | 24.00 | 22.00 | 22.00 | 22.00 | 23.00 | 23.00 | 23.00 | 22.00 |
Cashflow From Investing | -108.4% | -513 | 6,137 | 8,313 | 7,011 | 2,049 | -391 | -4,617 | -5,991 | -3,687 | -6,557 | -4,967 | -3,393 | -6,517 | -4,779 | -2,390 | -3,310 | -1,047 | -881 | 480 | 282 | -860 |
Cashflow From Financing | 88.6% | -942 | -8,254 | -10,869 | -9,145 | -3,373 | 196 | 4,016 | 4,868 | 2,902 | 4,480 | 5,176 | 3,726 | 6,308 | 5,389 | 1,422 | 2,282 | 282 | 100 | -761 | -77.67 | 797 |
Dividend Payments | 1.2% | 329 | 325 | 324 | 324 | 328 | 331 | 333 | 335 | 297 | 262 | 222 | 183 | 179 | 176 | 171 | 167 | 162 | 156 | 139 | 121 | 103 |
Buy Backs | -20.0% | 12.00 | 15.00 | 12.00 | 157 | 300 | 356 | 416 | 272 | 127 | 64.00 | 4.00 | 4.00 | 31.00 | 83.00 | 134 | 215 | 206 | 156 | 105 | 24.00 | 5.00 |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Interest income | ||||
Interest and fees on loans and leases | $ 877 | $ 492 | $ 1,683 | $ 936 |
Interest and fees on loans held for sale | 14 | 10 | 24 | 20 |
Interest on investment securities | 63 | 45 | 125 | 83 |
Interest on trading securities | 18 | 13 | 38 | 24 |
Interest on other earning assets | 43 | 23 | 64 | 31 |
Total interest income | 1,015 | 583 | 1,934 | 1,094 |
Interest expense | ||||
Interest on deposits | 265 | 18 | 436 | 29 |
Interest on trading liabilities | 2 | 4 | 5 | 6 |
Interest on short-term borrowings | 99 | 2 | 136 | 3 |
Interest on term borrowings | 19 | 17 | 39 | 35 |
Total interest expense | 385 | 41 | 616 | 73 |
Net interest income | 630 | 542 | 1,318 | 1,021 |
Provision for credit losses | 50 | 30 | 100 | (10) |
Net interest income after provision for credit losses | 580 | 512 | 1,218 | 1,031 |
Noninterest income | ||||
Deposit transactions and cash management | 45 | 42 | 87 | 86 |
Fixed income | 30 | 51 | 69 | 124 |
Brokerage, management fees and commissions | 22 | 24 | 44 | 48 |
Card and digital banking fees | 21 | 23 | 40 | 43 |
Other service charges and fees | 14 | 15 | 27 | 28 |
Trust services and investment management | 12 | 12 | 24 | 25 |
Mortgage banking and title income | 6 | 34 | 11 | 56 |
Deferred compensation income | 8 | (17) | 11 | (21) |
Gain on merger termination | 225 | 0 | 225 | 0 |
Securities gains (losses), net | 0 | 0 | 1 | 6 |
Other income | 17 | 17 | 32 | 35 |
Noninterest income | 400 | 201 | 571 | 430 |
Noninterest expense | ||||
Personnel expense | 285 | 265 | 556 | 545 |
Contributions | 53 | 1 | 57 | 2 |
Net occupancy expense | 30 | 33 | 61 | 64 |
Computer software | 28 | 29 | 55 | 58 |
Operations services | 22 | 23 | 44 | 43 |
Advertising and public relations | 17 | 10 | 31 | 21 |
Deposit insurance expense | 13 | 8 | 26 | 15 |
Contract employment and outsourcing | 12 | 12 | 24 | 31 |
Amortization of intangible assets | 12 | 13 | 24 | 26 |
Equipment expense | 10 | 11 | 21 | 23 |
Legal and professional fees | 12 | 17 | 20 | 40 |
Communications and delivery | 9 | 9 | 18 | 19 |
Other expense | 52 | 57 | 96 | 95 |
Total noninterest expense | 555 | 488 | 1,033 | 982 |
Income (loss) before income taxes | 425 | 225 | 756 | 479 |
Income tax expense | 96 | 48 | 171 | 105 |
Net income | 329 | 177 | 585 | 374 |
Net income attributable to noncontrolling interest | 4 | 3 | 9 | 6 |
Net income attributable to controlling interest | 325 | 174 | 576 | 368 |
Preferred stock dividends | 8 | 8 | 16 | 16 |
Net income available to common shareholders | 317 | 166 | 560 | 352 |
Net income available to common shareholders | $ 317 | $ 166 | $ 560 | $ 352 |
Basic earnings per common share (in dollars per share) | $ 0.59 | $ 0.31 | $ 1.04 | $ 0.66 |
Diluted earnings per common share (in dollars per share) | $ 0.56 | $ 0.29 | $ 1.00 | $ 0.63 |
Weighted average common shares (in shares) | 539,120 | 534,604 | 538,035 | 533,915 |
Diluted average common shares (in shares) | 560,878 | 569,435 | 562,188 | 559,834 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Cash and due from banks | $ 1,137 | $ 1,061 |
Interest-bearing deposits with banks | 4,523 | 1,384 |
Federal funds sold and securities purchased under agreements to resell | 282 | 482 |
Trading securities | 1,059 | 1,375 |
Securities available for sale at fair value | 8,600 | 8,836 |
Securities held to maturity (fair value of $1,175 and $1,209, respectively) | 1,349 | 1,371 |
Loans held for sale (including $95 and $51 at fair value, respectively) | 789 | 590 |
Loans and leases | 61,295 | 58,102 |
Allowance for loan and lease losses | (737) | (685) |
Net loans and leases | 60,558 | 57,417 |
Premises and equipment | 595 | 612 |
Goodwill | 1,511 | 1,511 |
Other intangible assets | 210 | 234 |
Other assets | 4,458 | 4,080 |
Total assets | 85,071 | 78,953 |
Liabilities | ||
Noninterest-bearing deposits | 18,801 | 23,466 |
Interest-bearing deposits | 46,632 | 40,023 |
Total deposits | 65,433 | 63,489 |
Trading liabilities | 174 | 335 |
Short-term borrowings | 6,946 | 2,506 |
Term borrowings | 1,156 | 1,597 |
Other liabilities | 2,402 | 2,479 |
Total liabilities | 76,111 | 70,406 |
Equity | ||
Preferred stock, Non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 26,750 and 31,686 shares, respectively | 520 | 1,014 |
Common stock, $0.625 par value; authorized 700,000,000 shares; issued 558,659,390 and 537,100,615 shares, respectively | 349 | 336 |
Capital surplus | 5,325 | 4,840 |
Retained earnings | 3,830 | 3,430 |
Accumulated other comprehensive loss, net | (1,359) | (1,368) |
FHN shareholders' equity | 8,665 | 8,252 |
Noncontrolling interest | 295 | 295 |
Total equity | 8,960 | 8,547 |
Total liabilities and equity | $ 85,071 | $ 78,953 |