First Horizon Corporation

First Horizon Corporation

FHN
First Horizon CorporationUS flagNew York Stock Exchange
25.27
USD
-0.20
- -
11.99BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.05
4.9
4.81
5.33
5.4
5.82
5.8
5.94
5.48
5.83
5.76
5.73
6.58
5.26
Basic EPS, GAAP
0.09
0.92
0.34
0.95
0.66
1.66
1.39
1.9
1.76
1.62
1.58
1.37
1.89
1.57
Free Cash Flow per Basic Share
1.72
2.87
1.4
0.5
-0.34
0.57
2.49
0.26
1.23
4.23
2.3
2.27
1.18
0.92
Dividend per Share
0.18
0.23
0.26
0.3
0.36
0.45
0.56
0.55
0.67
0.67
0.67
0.67
0.67
0.5
Book Value per Share
3.59
4.26
4.37
5.05
5.65
5.37
6.35
6.04
5.9
7.04
7.87
8.72
10.56
- -
Tangible Book Value per Share
9.22
9.86
9.93
10.3
12.07
9.56
10.89
13.82
11.29
10.82
12.91
13.02
14.21
- -
Basic Weighted Avg Shares
235
234
234
233
241
324
314
432
546
535
548
540
505
488
Sales/Revenue/Turnover
1,187
1,147
1,126
1,240
1,303
1,887
1,818
2,565
2,990
3,120
3,155
3,096
3,323
2,565
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
72
57
61
65
71
59
66
62
45
85
102
101
64
45
Net Income, GAAP
27
223
86
227
166
545
441
845
999
900
897
775
982
786
Effective Tax Rate (%)
- -
26.45
10.11
30.93
42.7
21.99
22.87
8.15
21.34
21.31
18.79
21
22.03
22.45
Profit Margin (%)
2.27
19.41
7.63
18.31
12.7
28.88
24.26
32.94
33.41
28.85
28.43
25.03
29.55
30.64
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
1,694
1,834
1,267
995
776
729
791
1,670
1,590
1,597
1,150
1,148
1,274
- -
Total Equity
2,501
2,582
2,640
2,705
4,580
4,785
5,076
8,307
8,494
8,547
9,291
9,111
9,142
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
2.46
23.5
7.88
20.09
12.55
34.71
23.3
35.73
32.99
24.84
21.41
16.36
19.04
30.79

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
242
1,975
- -
LT Borrowings
1,274
1,318
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
349
741
- -
Shares Outstanding
485
476
- -
Market Capitalization
12,075
11,289
12,506

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
8,607
8,338
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
242
1,975
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.6%
1.99%
0.34%
Free Cash Flow
30.1%
125.52%
-51.39%
Net Income, GAAP
46.02%
4.22%
26.71%
Sales/Revenue/Turnover
12.5%
5.5%
7.33%
Total Cash Common Dividend
21.47%
9.56%
-3.09%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
798
792
802
703
3,096
2025
789
807
865
863
3,323
2026
837
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.33
0.34
0.4
0.3
1.37
2025
0.41
0.46
0.5
0.52
1.89
2026
0.54
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
0.17
0.17
0.16
0.67
2025
0.17
0.17
0.17
0.16
0.67
2026
0.16
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
D. Bryan Jordan
Full Time Employees
7,404
Sector
Financial Services
Industry
Banks - Regional
Address
165 Madison Avenue Memphis TN United States of America 38103
IPO Date
Mar 17, 1980
Business
First Horizon Corporation (NYSE: FHN), founded in 1864 and headquartered in Memphis, Tennessee, operates as the bank holding company for First Horizon Bank, a leading regional financial services provider with approximately $82 billion in assets that delivers commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage services through approximately 300 banking centers across 12 southern U.S. states. The company conducts its activities through key segments including Regional Banking, which encompasses commercial banking, business banking, consumer banking, private client services, deposits, loans, wealth investments, financial planning, trust, and asset management; Specialty Banking, offering wholesale services such as fixed income and capital markets, professional commercial real estate, mortgage warehouse lending, asset-based lending, franchise finance, equipment finance, energy finance, healthcare finance, trucking and transportation finance, treasury management solutions, loan syndications, and international banking; and Corporate, which supports transaction processing including check clearing and remittance processing, credit card products, mutual funds, retail insurance, and correspondent banking. First Horizon targets businesses of all sizes, high-net-worth individuals, families, and institutional clients with a customer-centric approach emphasizing local expertise and national strength. Recent developments include the termination of its proposed merger with TD Bank, enabling a strategic pivot to independent growth with $75 million to $100 million allocated from the $200 million termination fee for technology upgrades in digital banking, wealth management, treasury management, marketing technology, and artificial intelligence over the next three years alongside a 20% increase in tech staff; a partnership with LPL Financial to support its First Horizon Wealth Management business overseeing $16 billion in client assets across 110 advisors in 12 states; authorization of a $1.2 billion common stock repurchase program; and expectations for 5% to 7% organic loan growth driven by commercial real estate and C&I sectors while targeting a CET1 capital ratio of 10% to 10.5%.

Company News

APIChatGPT
  • Josh Newsom Joins First Horizon Bank in North Mississippi Market

  • Brown Named Central Arkansas President for First Horizon Bank

  • Decker Wealth Management LLC Takes Position in First Horizon Corporation $FHN

  • A Decade of Client-first Service in Music, Sports and Entertainment at First Horizon Bank

  • First Horizon Bank and United Way of Southeast Louisiana Announce Meghan Donelon is Appointed Executive Committee Board Chair

  • Catherine Wood Promoted to Head of Commercial Banking Strategy for First Horizon Bank

  • FHN Shares Fall Despite Q2 Earnings Beat on Higher NII & Fee Income

  • First Horizon Corporation (FHN) Q2 2026 Earnings Call Transcript

  • First Horizon Corporation Has Proven Itself (Upgrade)

  • First Horizon: Funding Cost Concerns Limit Upside

  • First Horizon Q2 Earnings Call Highlights

  • First Horizon (FHN) Reports Q2 Earnings: What Key Metrics Have to Say

  • First Horizon National (FHN) Q2 Earnings and Revenues Top Estimates

  • First Horizon Corporation Delivers Strong Second Quarter 2026 Results with Net Income Available to Common Shareholders of $260 Million, up 12% year-over-year and EPS of $0.54, up $0.09 from Second Quarter 2025

  • First Horizon Bank Recognized with Trailblazer Award by United Way of the Mid-South

  • Netterville Named Baton Rouge President for First Horizon Bank

  • Netterville Named Baton Rouge President for First Horizon Bank

  • First Horizon Bank Donates Former Banking Center to United Way of Southeast Louisiana to Expand Community Impact Through Prosperity Center

  • First Horizon Bank Strengthens Leadership in Cookeville and Sparta

  • First Horizon (FHN) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures