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In the News

These regional banks are at greatest risk of being taken over by rivals, according to KBW
Regional banks are weighed down by concerns over the impact of new rules and the risk of a recession on loan losses, particularly in commercial real estate.

Here's Why You Should Retain First Horizon (FHN) at Present
First Horizon's (FHN) balance sheet strength, net interest income growth and capital distribution activities are encouraging amid high costs and increased debt.

Banking and trucking: Is the economy rolling toward troubles?
The SPDR S&P Regional Banking ETF NYSEARCA: KRE closed 1.08% lower on November 6, after a privately held regional bank was closed by the Iowa Division of Banking.

First Horizon (FHN) Q3 Earnings Beat, Revenues Decline Y/Y
A fall in NII and non-interest income hinder First Horizon's (FHN) Q3 earnings. Improving loan and deposit balances act as tailwinds.

First Horizon CEO: The banking system has reached a very strong and stable point
First Horizon CEO Bryan Jordan joins 'Squawk on the Street' to discuss how Jordan would characterize the quarter relative to earlier in the year, what's driving the company's deposit growth, and his thoughts on the current credit environment.

First Horizon National (FHN) Q3 Earnings Surpass Estimates
First Horizon National (FHN) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.44 per share a year ago.

Is a Surprise Coming for First Horizon (FHN) This Earnings Season?
First Horizon (FHN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Wells Fargo downgrades four regional banks and highlights four top names in analyst shift
Wells Fargo analyst Timur Braziler downgraded four U.S. regional banks Wednesday, sharing his four top picks as he assumed coverage of the sector.

Ticking Time Bombs: 3 Bank Stocks to Dump Before the Damage Is Done
Bank stocks have had a difficult year, and things aren't looking much brighter in the next few months either. From the regional banking crisis earlier this year to stress in the commercial real estate market, to the threat of a deeper than expected recession, banks have been stuck between a rock and a hard place.

First Horizon: Good Bank And Healthy Dividend But Questionable Liquidity
First Horizon Corporation is a regional bank with low exposure to HTM securities and CRE loans. The red flags are record low cash-to-deposit ratio and 40% insured deposits. Despite declining revenue and margins in the second quarter, FHN recorded adequate financial performance with improved capital adequacy and stable credit quality. Using the Dividend Discount Model, FHN is overvalued, though using multiples as forward PE and PB is the cheapest among its peers.
FHN Financial details
FHN Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2022-12-31
Metric | History | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
---|---|---|---|---|---|---|
2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
Revenue per share | 5.82 | 5.8 | 7.3 | 5.62 | 6 | |
Net income per share | 1.68 | 1.41 | 1.96 | 1.83 | 1.68 | |
Operating cash flow per share | 0.72 | 2.65 | 0.4 | 1.36 | 4.32 | |
Free cash flow per share | 0.57 | 2.49 | 0.26 | 1.26 | 4.27 | |
Cash per share | 20.61 | 17.73 | 40.74 | 45.35 | 23.22 | |
Book value per share | 13.82 | 15.24 | 18.54 | 15.01 | 15.43 | |
Tangible book value per share | 9.85 | 11.2 | 14.91 | 12.24 | 12.72 | |
Share holders equity per share | 13.82 | 15.24 | 18.54 | 15.01 | 15.43 | |
Interest debt per share | 4.97 | 11.03 | 9.5 | 7.12 | 8.24 | |
Market cap | 4.27B | 5.19B | 5.51B | 8.92B | 13.11B | |
Enterprise value | 3.5B | 7.12B | -173.68M | -3.42B | 14.77B | |
P/E ratio | 7.83 | 11.78 | 6.52 | 8.93 | 14.56 | |
Price to sales ratio | 2.26 | 2.86 | 1.75 | 2.9 | 4.08 | |
POCF ratio | 18.22 | 6.26 | 32.05 | 12.03 | 5.67 | |
PFCF ratio | 22.91 | 6.65 | 48.35 | 12.96 | 5.74 | |
P/B Ratio | 0.95 | 1.09 | 0.69 | 1.09 | 1.59 | |
PTB ratio | 0.95 | 1.09 | 0.69 | 1.09 | 1.59 | |
EV to sales | 1.85 | 3.92 | -0.06 | -1.11 | 4.6 | |
Enterprise value over EBITDA | 3.17 | 11.89 | -0.18 | -2.58 | 9.83 | |
EV to operating cash flow | 14.92 | 8.58 | -1.01 | -4.62 | 6.39 | |
EV to free cash flow | 18.76 | 9.12 | -1.52 | -4.98 | 6.47 | |
Earnings yield | 0.13 | 0.08 | 0.15 | 0.11 | 0.07 | |
Free cash flow yield | 0.04 | 0.15 | 0.02 | 0.08 | 0.17 | |
Debt to equity | 0.29 | 0.64 | 0.48 | 0.45 | 0.5 | |
Debt to assets | 0.03 | 0.07 | 0.05 | 0.04 | 0.05 | |
Net debt to EBITDA | -0.7 | 3.22 | -5.92 | -9.29 | 1.1 | |
Current ratio | 58.59 | 2.49 | 8.01 | 11.66 | 0.98 | |
Interest coverage | 3.3 | 1.39 | 3.9 | 7.23 | 4.77 | |
Income quality | 0.42 | 1.84 | 0.2 | 0.73 | 2.53 | |
Dividend Yield | 0.03 | 0.03 | 0.04 | 0.04 | 0.03 | |
Payout ratio | 0.27 | 0.4 | 0.28 | 0.37 | 0.4 | |
Sales general and administrative to revenue | 0.4 | 0.42 | 0.33 | 0.39 | 0.34 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0.04 | 0.04 | 0.02 | 0.02 | 0.02 | |
Capex to operating cash flow | -0.2 | -0.06 | -0.34 | -0.07 | -0.01 | |
Capex to revenue | -0.03 | -0.03 | -0.02 | -0.02 | -0.01 | |
Capex to depreciation | -0.81 | -0.75 | -0.94 | -1.06 | -0.28 | |
Stock based compensation to revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | |
Graham number | 22.85 | 21.96 | 28.57 | 24.86 | 24.16 | |
ROIC | 0.15 | 0.06 | 0.07 | 0.08 | 0.09 | |
Return on tangible assets | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |
Graham Net | -90.46 | -104.08 | -134.96 | -102.27 | -108.38 | |
Working capital | 6.61B | 3.35B | 15.4B | 22.64B | -61M | |
Tangible asset value | 3.2B | 3.51B | 6.44B | 6.69B | 6.8B | |
Net current asset value | -29.33B | -32.63B | -58.3B | -55.84B | -67.96B | |
Invested capital | 0.29 | 0.64 | 0.48 | 0.45 | 0.5 | |
Average receivables | 53.78M | 39.49M | 20.06M | 0 | 0 | |
Average payables | 0 | 0 | 0 | 0 | 0 | |
Average inventory | 0 | 0 | 0 | 0 | 0 | |
Days sales outstanding | 7.52 | 8.05 | 0 | 0 | 0 | |
Days payables outstanding | 0 | 0 | 0 | 0 | 0 | |
Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
Receivables turnover | 48.55 | 45.33 | 0 | 0 | 0 | |
Payables turnover | 0 | 0 | 0 | 0 | 0 | |
Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
ROE | 0.12 | 0.09 | 0.11 | 0.12 | 0.11 | |
Capex per share | -0.15 | -0.16 | -0.13 | -0.1 | -0.05 |
Quarterly Fundamentals Overview
Last date of statement is 2023-09-30 for Q3
Metric | History | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 |
---|---|---|---|---|---|---|
2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
Revenue per share | 1.63 | 1.65 | 1.6 | -0.06 | 1.39 | |
Net income per share | 0.49 | 0.5 | 0.47 | 0.14 | 0.25 | |
Operating cash flow per share | 1.43 | 0.05 | -0.13 | 0.57 | 1.1 | |
Free cash flow per share | 1.43 | 0.04 | -0.14 | 0.55 | 1.1 | |
Cash per share | 30.42 | 23.17 | 23.15 | 23.62 | 19.75 | |
Book value per share | 15.62 | 15.4 | 16.01 | 16.2 | 15.2 | |
Tangible book value per share | 12.89 | 12.69 | 13.34 | 13.55 | 12.67 | |
Share holders equity per share | 15.62 | 15.4 | 16.01 | 16.2 | 15.2 | |
Interest debt per share | 6.31 | 7.94 | 15.5 | 17.78 | 7.41 | |
Market cap | 12.27B | 13.13B | 9.55B | 6.08B | 6.16B | |
Enterprise value | 8B | 14.79B | 14.16B | 11.37B | 6.89B | |
P/E ratio | 11.58 | 12.34 | 9.51 | 20.53 | 11.24 | |
Price to sales ratio | 14.03 | 14.86 | 11.13 | -202.53 | 7.91 | |
POCF ratio | 15.98 | 525.28 | -138.37 | 19.92 | 9.98 | |
PFCF ratio | 16.04 | 691.16 | -129.03 | 20.53 | 9.98 | |
P/B Ratio | 1.47 | 1.59 | 1.11 | 0.7 | 0.72 | |
PTB ratio | 1.47 | 1.59 | 1.11 | 0.7 | 0.72 | |
EV to sales | 9.14 | 16.73 | 16.51 | -378.96 | 8.84 | |
Enterprise value over EBITDA | 17.61 | 29.94 | 24.67 | 45.29 | 34.25 | |
EV to operating cash flow | 10.41 | 591.6 | -205.24 | 37.28 | 11.16 | |
EV to free cash flow | 10.45 | 778.42 | -191.38 | 38.41 | 11.16 | |
Earnings yield | 0.02 | 0.02 | 0.03 | 0.01 | 0.02 | |
Free cash flow yield | 0.06 | 0 | -0.01 | 0.05 | 0.1 | |
Debt to equity | 0.4 | 0.5 | 0.94 | 1.08 | 0.43 | |
Debt to assets | 0.04 | 0.05 | 0.1 | 0.11 | 0.04 | |
Net debt to EBITDA | -9.42 | 3.36 | 8.04 | 21.09 | 3.61 | |
Current ratio | 9.53 | 0.98 | 0.54 | 0.52 | 1.17 | |
Interest coverage | 5.96 | 3.19 | 2.38 | 1.6 | 0.39 | |
Income quality | 2.87 | 0.09 | -0.27 | 0.92 | 1.02 | |
Dividend Yield | 0.01 | 0.01 | 0.01 | 0.02 | 0 | |
Payout ratio | 0.34 | 0.33 | 0.36 | 1.24 | 0 | |
Sales general and administrative to revenue | 0.32 | 0.32 | 0.32 | -0.07 | 0.34 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | |
Capex to operating cash flow | 0 | -0.24 | 0.07 | -0.03 | 0 | |
Capex to revenue | 0 | -0.01 | -0.01 | 0.3 | 0 | |
Capex to depreciation | -0.08 | -0.33 | -0.17 | -0.29 | 0 | |
Stock based compensation to revenue | 0.02 | 0.02 | 0.03 | 0.47 | 0 | |
Graham number | 13.18 | 13.11 | 12.98 | 7.07 | 9.16 | |
ROIC | 0.03 | 0.03 | 0.03 | 0.01 | 0.01 | |
Return on tangible assets | 0 | 0 | 0 | 0 | 0 | |
Graham Net | -107.42 | -108.18 | -110.63 | -112.3 | -112.17 | |
Working capital | 14.59B | -61M | -3.01B | -3.87B | 432M | |
Tangible asset value | 6.9B | 6.8B | 7.16B | 7.3B | 7.08B | |
Net current asset value | -57.58B | -67.96B | -68.36B | -69.14B | -70.8B | |
Invested capital | 0.4 | 0.5 | 0.94 | 1.08 | 0.43 | |
Average receivables | 0 | 0 | 0 | 0 | 0 | |
Average payables | 0 | 0 | 0 | 0 | 0 | |
Average inventory | 0 | 0 | 0 | 0 | 0 | |
Days sales outstanding | 0 | 0 | 0 | 0 | 0 | |
Days payables outstanding | 0 | 0 | 0 | 0 | 0 | |
Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
Receivables turnover | 0 | 0 | 0 | 0 | 0 | |
Payables turnover | 0 | 0 | 0 | 0 | 0 | |
Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
ROE | 0.03 | 0.03 | 0.03 | 0.01 | 0.02 | |
Capex per share | -0.01 | -0.01 | -0.01 | -0.02 | 0 |
FHN Frequently Asked Questions
What is First Horizon Corporation stock symbol ?
First Horizon Corporation is a US stock , located in Memphis of Tn and trading under the symbol FHN
Is First Horizon Corporation buy or a sell ?
3 stock analysts have 3 predictions with a medium analyst target price of $20.33. The lowest prediction is $20 and the highest is $21
What is FHN stock prediction ?
What is First Horizon Corporation stock quote today ?
First Horizon Corporation stock price is $13.63 today.
Is First Horizon Corporation stock public?
Yes, First Horizon Corporation is a publicly traded company.