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FHN

FHN - First Horizon National Corp Stock Price, Fair Value and News

15.32USD+0.53 (+3.58%)Market Closed

Market Summary

FHN
USD15.32+0.53
Market Closed
3.58%

FHN Alerts

  • Big jump in Revenue (Y/Y)

FHN Stock Price

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FHN RSI Chart

FHN Valuation

Market Cap

8.6B

Price/Earnings (Trailing)

9.5

Price/Sales (Trailing)

2.09

EV/EBITDA

1.86

Price/Free Cashflow

6.59

FHN Price/Sales (Trailing)

FHN Profitability

EBT Margin

27.51%

Return on Equity

10.02%

Return on Assets

1.1%

Free Cashflow Yield

15.17%

FHN Fundamentals

FHN Revenue

Revenue (TTM)

4.1B

Rev. Growth (Yr)

26.74%

Rev. Growth (Qtr)

0.51%

FHN Earnings

Earnings (TTM)

901.0M

Earnings Growth (Yr)

-31.56%

Earnings Growth (Qtr)

31.39%

Breaking Down FHN Revenue

Last 7 days

2.0%

Last 30 days

7.9%

Last 90 days

7.7%

Trailing 12 Months

0.3%

How does FHN drawdown profile look like?

FHN Financial Health

Debt/Equity

0.35

Debt/Cashflow

0.4

FHN Investor Care

Dividend Yield

3.92%

Dividend/Share (TTM)

0.6

Shares Dilution (1Y)

4.00%

Diluted EPS (TTM)

1.54

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20233.1B3.5B3.9B4.1B
20222.1B2.2B2.4B2.7B
20212.1B2.3B2.2B2.2B
20201.6B1.5B1.7B1.9B
20191.5B1.5B1.3B1.7B
20181.5B1.6B1.9B1.5B
20171.3B1.3B1.3B1.3B
20161.2B1.2B1.2B1.3B
20151.1B1.2B1.1B1.2B
20141.2B1.1B1.2B1.2B
20131.2B1.2B1.2B1.2B
20121.4B1.4B1.3B1.3B
20111.4B1.4B1.4B1.4B
20101.1B1.2B1.3B1.4B
20091.5B1.4B1.3B1.2B
20080001.6B

Tracking the Latest Insider Buys and Sells of First Horizon National Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 04, 2024
fleming jeff l.
sold (taxes)
-26,180
14.33
-1,827
evp & chief accounting officer
Mar 04, 2024
akins terry lawson
sold (taxes)
-234,955
14.33
-16,396
sr. evp, chief risk officer
Mar 04, 2024
restel anthony j
sold (taxes)
-335,523
14.33
-23,414
president-regional banking
Mar 04, 2024
popwell david t
sold (taxes)
-293,808
14.33
-20,503
president-specialty banking
Mar 04, 2024
springfield susan l
sold (taxes)
-206,194
14.33
-14,389
sr evp & chief credit officer
Mar 04, 2024
ardoin elizabeth a
sold (taxes)
-173,436
14.33
-12,103
sevp, chief communications ofc
Mar 04, 2024
locascio tammy
sold (taxes)
-197,224
14.33
-13,763
sevp, chief operating officer
Mar 04, 2024
jordan d bryan
sold (taxes)
-855,243
14.33
-59,682
chairman, president & ceo
Feb 12, 2024
popwell david t
acquired
-
-
39,699
president-specialty banking
Feb 12, 2024
ardoin elizabeth a
acquired
-
-
23,408
sevp, chief communications ofc

1–10 of 50

Which funds bought or sold FHN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-5.41
61,102
344,725
-%
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
added
6.41
642
2,859
-%
Mar 21, 2024
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
new
-
9,912,000
9,912,000
0.03%
Mar 11, 2024
VANGUARD GROUP INC
added
0.3
180,698,000
806,359,000
0.02%
Mar 06, 2024
SageView Advisory Group, LLC
sold off
-100
-297,662
-
-%
Mar 05, 2024
GREENWOOD CAPITAL ASSOCIATES LLC
added
152
7,100,910
10,270,400
0.67%
Mar 05, 2024
Fisher Asset Management, LLC
reduced
-17.91
536,223
2,353,640
-%
Mar 04, 2024
RICHARDSON FINANCIAL SERVICES INC.
new
-
35,188
35,188
0.03%
Mar 04, 2024
TUCKER ASSET MANAGEMENT LLC
unchanged
-
1,419
6,400
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
181
29,776,300
41,156,900
-%

1–10 of 45

Are Funds Buying or Selling FHN?

Are funds buying FHN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FHN
No. of Funds

Unveiling First Horizon National Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.19%
56,946,272
SC 13G/A
Jan 24, 2024
state street corp
5.19%
29,021,135
SC 13G/A
Jan 24, 2024
blackrock inc.
10.3%
57,759,301
SC 13G/A
Feb 10, 2023
blackrock inc.
14.1%
75,686,563
SC 13G/A
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

Recent SEC filings of First Horizon National Corp

View All Filings
Date Filed Form Type Document
Mar 11, 2024
ARS
ARS
Mar 11, 2024
DEF 14A
DEF 14A
Mar 11, 2024
DEFA14A
DEFA14A
Mar 11, 2024
DEFA14A
DEFA14A
Mar 06, 2024
4
Insider Trading
Mar 06, 2024
4
Insider Trading
Mar 06, 2024
4
Insider Trading
Mar 06, 2024
4
Insider Trading
Mar 06, 2024
4
Insider Trading
Mar 06, 2024
4
Insider Trading

What is the Fair Value of FHN?

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>

Cheap
or
Expensive?


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.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to First Horizon National Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
574.7B
171.1B
9.83% 42.39%
11.6
3.36
60.72% 31.52%
297.7B
130.3B
8.68% 33.18%
11.23
2.29
79.51% -3.68%
206.2B
85.7B
10.06% 39.05%
10.77
2.41
41.49% 39.96%
120.0B
133.3B
10.88% 37.45%
13
0.9
79.09% -
16.4B
10.2B
11.38% -2.76%
10.23
1.61
44.53% -22.43%
14.6B
7.9B
6.82% 30.36%
15.11
1.84
46.47% -49.56%
MID-CAP
7.2B
4.2B
2.60% 18.49%
8.16
1.72
56.25% -23.46%
6.4B
3.9B
0.02% 35.77%
9.4
1.62
45.91% -25.03%
3.3B
1.3B
-0.91% 7.40%
12.35
2.6
43.24% -22.35%
3.2B
2.0B
-1.30% -0.93%
17.55
1.64
70.97% -50.03%
SMALL-CAP
509.4M
120.2M
2.72% 45.71%
19.47
4.24
25.23% -24.02%
428.7M
164.9M
-6.65% 19.35%
36.65
2.6
42.66% -70.76%
411.8M
162.6M
-0.86% -7.25%
13.69
2.53
25.39% -38.37%
313.8M
96.6M
-6.16% 2.24%
9.9
3.25
11.02% -11.37%
46.8M
60.9M
-6.19% -32.56%
-13.99
0.77
24.06% -144.92%

First Horizon National Corp News

Latest updates
Yahoo Movies UK • 24 Mar 2024 • 11:54 am
Zacks Investment Research • 2 months ago
Quartz • 2 months ago

First Horizon National Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue0.5%1,0861,0801,01592085773358351053253354255257659834637837340744942717.00
EBITDA Margin-11.6%0.89*1.01*1.19*1.26*1.35*1.43*1.44*1.53*1.53*1.52*1.59*1.50*---------
Interest Expenses2.0%617605630688709662542479498492497508522532305303311301304295302
Income Taxes-122.1%-11.5052.0096.0076.0064.0078.0048.0057.0052.0063.0088.0071.0056.002.0013.005.0037.0036.0034.0027.0023.00
Earnings Before Taxes-8.2%17819442533133434622525528129839930730154170.0021.00158150148130-253
EBT Margin-17.0%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 Income31.4%18013732925526326517719822423231123623953657.0016.0011611111410395.00
Net Income Margin-13.5%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-47.7%365698302-72.0022.00765821691170-450-52.001,061---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-1.1%81,66182,53385,07180,72978,95380,29985,13288,66089,09288,53787,90887,51384,20983,03048,64547,19743,31143,71842,17241,09940,832
    Cash Equivalents20.4%1,7311,4381,4191,2961,5431,8831,8451,8651,7881,5581,9251,6891,6481,6681,0201,1301,2671,4961,2501,2131,405
  Net PPE0%590590595603612622636669665692714719759756448448455452454484494
  Goodwill-0.1%1,5101,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,5101,5111,5111,4331,4331,4331,4331,433
Liabilities-1.9%72,37073,74076,11171,83470,40672,01676,58179,96480,59880,00579,34379,20675,90274,88543,43642,14238,23538,72237,24636,25236,047
  Short Term Borrowings1.7%2,5492,5076,9466,4842,5061,4161,9531,7191022,2252,2462,2033532,142--506---115
Shareholder's Equity5.9%8,9968,4988,9608,8958,2528,2838,5518,6978,4948,5328,5658,3078,3078,1445,2085,0565,0764,9964,9264,8474,786
  Retained Earnings2.3%3,9643,8743,8303,5953,4303,2543,0792,9962,8912,7532,6122,4022,2612,1111,6721,6671,7981,7261,6611,5961,542
  Additional Paid-In Capital0.3%5,3515,3375,3254,8634,8404,8124,7914,7694,7434,8664,9975,0365,0745,0612,9412,9392,9312,9252,9422,9843,029
Shares Outstanding0.6%548545539537535536534533546549551552---------
Minority Interest0%295295295295295295295295295295295295295295295295295295295295295
Float---6,200---11,600---9,400---3,000---4,600--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-47.7%365698305-69.005.00768824694157-447-49.001,064445230897-1,400113369225122365
  Share Based Compensation15.4%15.0013.00-14.0022.0022.0021.0018.0014.0012.0010.0011.0010.009.0013.003.007.006.006.005.005.006.00
Cashflow From Investing-46.0%1,2282,273-4,084-2,0221,1784,4352,566154-128-527126-4,072-1,5181,777-2,744-2,48255.00-1,346-1,005-92.73-865
Cashflow From Financing56.0%-1,300-2,9523,9021,844-1,523-5,165-3,410-7712016071593,0491,053-1,3591,7373,745-3971,223818-222463
  Dividend Payments0%84.0084.0084.0083.0081.0081.0080.0082.0081.0085.0083.0084.0083.0047.0048.0044.0044.0044.0045.0039.0039.00
  Buy Backs-1.00-5.004.00-0.503.008.002.0014414664.0062.00-1.001.002.00-0.0428.0052.0053.0081.00

FHN Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income   
Interest and fees on loans and leases$ 3,575$ 2,292$ 1,957
Interest and fees on loans held for sale513933
Interest on investment securities247198121
Interest on trading securities785830
Interest on other earning assets1499617
Total interest income4,1002,6832,158
Interest expense:   
Interest on deposits1,26618481
Interest on trading liabilities12126
Interest on short-term borrowings210235
Interest on term borrowings727272
Total interest expense1,560291164
Net interest income2,5402,3921,994
Provision (benefit) for credit losses26095(310)
Net interest income after provision for credit losses2,2802,2972,304
Noninterest income   
Deposit transactions and cash management179171175
Fixed income133205406
Brokerage, management fees and commissions909288
Card and digital banking fees778478
Other service charges and fees545444
Trust services and investment management474851
Mortgage banking and title income2368154
Gain on merger termination22500
Securities gains (losses), net(4)1813
Other income1037567
Total noninterest income9278151,076
Noninterest expense   
Personnel expense1,1001,1011,210
Net occupancy expense123128137
Deposit insurance expense1223224
Computer software111113116
Operations services878780
Advertising and public relations715037
Contributions61714
Legal and professional fees496268
Contract employment and outsourcing495467
Amortization of intangible assets475156
Equipment expense424547
Communications and delivery353737
Impairment of long-lived assets0034
Other expense182186169
Total noninterest expense2,0791,9532,096
Income before income taxes1,1281,1591,284
Income tax expense212247274
Net income (loss)9169121,010
Net income attributable to noncontrolling interest191211
Net income attributable to controlling interest897900999
Preferred stock dividends323237
Net income available to common shareholders865868962
Net income available to common shareholders$ 865$ 868$ 962
Basic earnings per share (in dollars per share)$ 1.58$ 1.62$ 1.76
Diluted earnings per share (in dollars per share)$ 1.54$ 1.53$ 1.74
Weighted average common shares (in shares)548,410535,033546,354
Diluted average common shares (in shares)561,732566,004551,241

FHN Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash and due from banks$ 1,012$ 1,061
Interest-bearing deposits with banks1,3281,384
Federal funds sold and securities purchased under agreements to resell719482
Trading securities1,4121,375
Securities available for sale at fair value8,3918,836
Securities held to maturity (fair value of $1,161 and $1,209, respectively)1,3231,371
Loans held for sale (including $68 and $51 at fair value, respectively)502590
Loans and leases61,29258,102
Allowance for loan and lease losses(773)(685)
Net loans and leases60,51957,417
Premises and equipment590612
Goodwill1,5101,511
Other intangible assets186234
Other assets4,1694,080
Total assets81,66178,953
Liabilities  
Noninterest-bearing deposits17,20423,466
Interest-bearing deposits48,57640,023
Total deposits65,78063,489
Trading liabilities509335
Short-term borrowings2,5492,506
Term borrowings1,1501,597
Other liabilities2,3822,479
Total liabilities72,37070,406
Equity  
Preferred stock, Non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 26,750 and 31,686 shares, respectively5201,014
Common stock, $0.625 par value; authorized 700,000,000 shares; issued 558,838,694 and 537,100,615 shares, respectively349336
Capital surplus5,3514,840
Retained earnings3,9643,430
Accumulated other comprehensive loss, net(1,188)(1,368)
FHN shareholders' equity8,9968,252
Noncontrolling interest295295
Total equity9,2918,547
Total liabilities and equity$ 81,661$ 78,953
FHN
First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through three segments: Regional Banking, Specialty Banking, and Corporate. It offers general banking services for consumers, businesses, financial institutions, and governments. The company provides underwriting services for bank-eligible securities and other fixed-income securities by financial subsidiaries; sells loans and derivatives; and offers advisory services. In addition, it offers commercial and business banking for business enterprises, consumer banking, and private client and wealth management services; and capital markets, professional commercial real estate, mortgage warehouse and asset-based lending, franchise and equipment finance, and corporate and correspondent banking. Further, the company provides transaction processing services including check clearing services and remittance processing, credit cards, investment, and sale of mutual fund and retail insurances, as well as trust, fiduciary, and agency services. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.
 CEO
 WEBSITEwww.firsthorizon.com
 EMPLOYEES7300

First Horizon National Corp Frequently Asked Questions


What is the ticker symbol for First Horizon National Corp? What does FHN stand for in stocks?

FHN is the stock ticker symbol of First Horizon National Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First Horizon National Corp (FHN)?

As of Wed Mar 27 2024, market cap of First Horizon National Corp is 8.57 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FHN stock?

You can check FHN's fair value in chart for subscribers.

What is the fair value of FHN stock?

You can check FHN's fair value in chart for subscribers. The fair value of First Horizon National Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First Horizon National Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FHN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First Horizon National Corp a good stock to buy?

The fair value guage provides a quick view whether FHN is over valued or under valued. Whether First Horizon National Corp is cheap or expensive depends on the assumptions which impact First Horizon National Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FHN.

What is First Horizon National Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Mar 27 2024, FHN's PE ratio (Price to Earnings) is 9.51 and Price to Sales (PS) ratio is 2.09. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FHN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on First Horizon National Corp's stock?

In the past 10 years, First Horizon National Corp has provided 0.045 (multiply by 100 for percentage) rate of return.