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

15.68USD+0.01 (+0.06%)Delayed as of 08 May 2024, 12:01 pm ET

Market Summary

USD15.68+0.01

Delayedas of 08 May 2024, 12:01 pm

0.06%

FHN Alerts

Big fall in Revenue (Y/Y)

FHN Stock Price

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FHN RSI Chart

FHN Valuation

Market Cap

8.6B

Price/Earnings (Trailing)

10.23

Price/Sales (Trailing)

2.54

EV/EBITDA

1.99

Price/Free Cashflow

3.88

FHN Price/Sales (Trailing)

FHN Profitability

EBT Margin

31.15%

Return on Equity

9.14%

Return on Assets

1.02%

Free Cashflow Yield

25.74%

FHN Fundamentals

FHN Revenue

Revenue (TTM)

3.4B

Rev. Growth (Yr)

-78.91%

Rev. Growth (Qtr)

-82.13%

FHN Earnings

Earnings (TTM)

838.0M

Earnings Growth (Yr)

-24.71%

Earnings Growth (Qtr)

6.67%

Breaking Down FHN Revenue

52 Week Range

9.4815.69

(Low)(High)

Last 7 days

5.2%

Last 30 days

5.9%

Last 90 days

14.9%

Trailing 12 Months

46.6%

How does FHN drawdown profile look like?

FHN Financial Health

Debt/Equity

0.35

Debt/Cashflow

0.68

FHN Investor Care

Dividend Yield

3.83%

Dividend/Share (TTM)

0.6

Shares Dilution (1Y)

1.68%

Diluted EPS (TTM)

1.44

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	3.4B	0	0	0
2023	3.1B	3.5B	3.9B	4.1B
2022	2.1B	2.2B	2.4B	2.7B
2021	2.1B	2.3B	2.2B	2.2B
2020	1.6B	1.5B	1.7B	1.9B
2019	1.5B	1.5B	1.3B	1.7B
2018	1.5B	1.6B	1.9B	1.5B
2017	1.3B	1.3B	1.3B	1.3B
2016	1.2B	1.2B	1.2B	1.3B
2015	1.1B	1.2B	1.1B	1.2B
2014	1.2B	1.1B	1.2B	1.2B
2013	1.2B	1.2B	1.2B	1.2B
2012	1.4B	1.4B	1.3B	1.3B
2011	1.4B	1.4B	1.4B	1.4B
2010	1.1B	1.2B	1.3B	1.4B
2009	1.5B	1.4B	1.3B	1.2B
2008	0	0	0	1.6B

Get all data in R, Python etc through our Historical Stock Data APIs

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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>

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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

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

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 29, 2024	carboni velia	acquired	-	-	17,148	-
Apr 29, 2024	kemp sr james michael	acquired	-	-	11,516	-
Apr 29, 2024	stewart cecelia d.	acquired	-	-	9,414	-
Apr 29, 2024	dietrich john w	acquired	-	-	9,414	-
Apr 29, 2024	compton john c	acquired	-	-	18,829	-
Apr 29, 2024	palmer vicki r	acquired	-	-	9,414	-
Apr 29, 2024	sugranes rosa	acquired	-	-	9,414	-
Apr 29, 2024	taylor r eugene	acquired	-	-	9,414	-
Apr 29, 2024	reed colin v	acquired	-	-	12,525	-
Apr 29, 2024	barton harry v jr	acquired	-	-	9,414	-

Which funds bought or sold FHN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Parallel Advisors, LLC	reduced	-0.57	5,829	77,626	-%
May 06, 2024	DiNuzzo Private Wealth, Inc.	new	-	16.00	16.00	-%
May 06, 2024	Quantbot Technologies LP	reduced	-85.81	-3,743,720	682,975	0.04%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	1.31	696,086	7,531,050	0.06%
May 06, 2024	Jefferies Financial Group Inc.	reduced	-70.85	-1,006,360	602,565	-%
May 06, 2024	SG Americas Securities, LLC	sold off	-100	-1,057,000	-	-%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	added	26.64	799,000	2,915,000	0.02%
May 06, 2024	Van Hulzen Asset Management, LLC	reduced	-0.31	38,000	493,000	0.03%
May 06, 2024	IFG Advisory, LLC	sold off	-100	-669,788	-	-%
May 06, 2024	Summit Asset Management, LLC	added	10.65	34,975	206,886	0.04%

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

FHN Alerts

Big fall in Revenue (Y/Y)

Unveiling First Horizon National Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
May 03, 2024	10-Q	Quarterly Report
May 01, 2024	25-NSE	25-NSE
Apr 29, 2024	4	Insider Trading
Apr 29, 2024	4	Insider Trading
Apr 29, 2024	4	Insider Trading
Apr 29, 2024	4	Insider Trading
Apr 29, 2024	4	Insider Trading
Apr 29, 2024	4	Insider Trading
Apr 29, 2024	4	Insider Trading
Apr 29, 2024	4	Insider Trading

Peers (Alternatives to First Horizon National Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	550.7B	174.7B	-2.88%	39.91%	10.94	3.15	53.11%	19.83%
BAC	296.0B	127.4B	1.99%	36.69%	11.83	2.15	56.12%	-12.56%
WFC	210.0B	85.8B	4.95%	56.96%	11.19	2.45	35.02%	26.14%
C	118.3B	125.0B	0.65%	33.74%	14.8	0.95	37.85%	-
CFG	16.2B	10.4B	4.71%	38.12%	11.31	1.55	26.22%	-33.87%
KEY	14.1B	8.1B	-0.80%	54.34%	16.12	1.73	32.15%	-50.93%
MID-CAP
CMA	7.1B	4.2B	1.12%	47.25%	10.15	1.66	34.68%	-45.96%
ZION	6.5B	3.9B	4.13%	80.63%	9.55	1.64	45.91%	-25.03%
ABCB	3.4B	1.3B	5.29%	67.41%	12.7	2.67	43.24%	-22.35%
ASB	3.3B	1.8B	5.37%	45.89%	20.77	1.64	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	399.1M	152.4M	-3.36%	49.04%	40.14	2.62	16.94%	-73.84%
AROW	389.7M	162.6M	0.47%	17.60%	12.96	2.4	25.39%	-38.37%
ACNB	273.7M	96.6M	-5.55%	16.05%	8.64	2.83	11.02%	-11.37%
ASRV	40.3M	60.9M	-4.84%	-16.90%	-12.04	0.66	24.06%	-144.92%

First Horizon National Corp News

Latest updates

First Horizon National Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-82.1%	194	1,086	1,080	1,015	920	857	733	583	510	532	533	542	552	576	598	346	378	373	407	449	427
EBITDA Margin	16.9%	1.05*	0.89*	1.03*	1.19*	1.26*	1.35*	1.43*	1.44*	1.53*	1.53*	1.52*	1.59*	1.50*	-	-	-	-	-	-	-	-
Interest Expenses	1.3%	625	617	605	630	688	709	662	542	479	498	492	497	508	522	532	305	303	311	301	304	295
Income Taxes	595.7%	57.00	-11.50	52.00	96.00	76.00	64.00	78.00	48.00	57.00	52.00	63.00	88.00	71.00	56.00	2.00	13.00	5.00	37.00	36.00	34.00	27.00
Earnings Before Taxes	42.7%	254	178	194	425	331	334	346	225	255	281	298	399	307	301	541	70.00	21.00	158	150	148	130
EBT Margin	13.2%	0.31*	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 Income	6.7%	192	180	137	329	255	263	265	177	198	224	232	311	236	239	536	57.00	16.00	116	111	114	103
Net Income Margin	13.0%	0.25*	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	129.6%	838	365	717	324	-50.04	24.00	787	843	713	176	-428	-30.04	1,083	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.2%	81,799	81,661	82,533	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
Cash Equivalents	-9.5%	1,566	1,731	1,438	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
Net PPE	-0.7%	586	590	590	595	603	612	622	636	669	665	692	714	719	759	756	448	448	455	452	454	484
Goodwill	0%	1,510	1,510	1,511	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
Liabilities	0.4%	72,626	72,370	73,740	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
Short Term Borrowings	6.0%	2,703	2,549	2,507	6,946	6,484	2,506	1,416	1,953	1,719	102	2,225	2,246	2,203	1,187	2,142	-	-	2,253	-	-	-
Shareholder's Equity	2.0%	9,173	8,996	8,498	8,960	8,895	8,252	8,283	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
Retained Earnings	2.7%	4,072	3,964	3,874	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
Additional Paid-In Capital	-2.6%	5,214	5,351	5,337	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
Shares Outstanding	1.2%	555	548	559	539	537	535	535	534	533	546	546	551	-	-	-	-	-	-	-	-	-
Minority Interest	0%	295	295	295	295	295	295	295	295	295	295	295	295	295	295	295	295	295	295	295	295	295
Float	-	-	-	-	6,200	-	-	-	11,600	-	-	-	9,400	-	-	-	3,000	-	-	-	4,600	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	129.6%	838	365	698	305	-69.00	5.00	768	824	694	157	-447	-49.00	1,064	445	230	897	-1,400	113	369	225	122
Share Based Compensation	20.0%	18.00	15.00	13.00	-14.00	22.00	22.00	21.00	18.00	14.00	12.00	10.00	11.00	10.00	9.00	13.00	3.00	7.00	6.00	6.00	5.00	5.00
Cashflow From Investing	-171.3%	-876	1,228	2,273	-4,084	-2,022	1,178	4,435	2,566	154	-128	-527	126	-4,072	-1,518	1,777	-2,744	-2,482	55.00	-1,346	-1,005	-92.73
Cashflow From Financing	90.2%	-127	-1,300	-2,952	3,902	1,844	-1,523	-5,165	-3,410	-771	201	607	159	3,049	1,053	-1,359	1,737	3,745	-397	1,223	818	-222
Dividend Payments	1.2%	85.00	84.00	84.00	84.00	83.00	81.00	81.00	80.00	82.00	81.00	85.00	83.00	84.00	83.00	47.00	48.00	44.00	44.00	44.00	45.00	39.00
Buy Backs	31700.0%	159	1.00	-	5.00	4.00	-0.50	3.00	8.00	2.00	144	146	64.00	62.00	-	1.00	1.00	2.00	-0.04	28.00	52.00	53.00

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FHN Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income
Interest and fees on loans and leases	$ 952	$ 806
Interest and fees on loans held for sale	9	11
Interest on investment securities	60	62
Interest on trading securities	20	20
Interest on other earning assets	32	21
Total interest income	1,073	920
Interest expense
Interest on deposits	398	171
Interest on trading liabilities	5	3
Interest on short-term borrowings	28	38
Interest on term borrowings	17	20
Total interest expense	448	232
Net interest income	625	688
Provision for credit losses	50	50
Net interest income after provision for credit losses	575	638
Noninterest income
Fixed income	52	39
Deposit transactions and cash management	44	42
Brokerage, management fees and commissions	24	22
Card and digital banking fees	19	20
Other service charges and fees	13	13
Trust services and investment management	11	11
Mortgage banking income	9	5
Other income	22	19
Total noninterest income	194	171
Noninterest expense
Personnel expense	301	271
Net occupancy expense	31	31
Computer software	30	28
Deposit insurance expense	24	12
Operations services	21	22
Legal and professional fees	14	8
Contract employment and outsourcing	13	12
Amortization of intangible assets	11	12
Equipment expense	11	11
Advertising and public relations	8	14
Communications and delivery	8	9
Other expense	43	48
Total noninterest expense	515	478
Income before income taxes	254	331
Income tax expense	57	76
Net income	197	255
Net income attributable to noncontrolling interest	5	4
Net income attributable to controlling interest	192	251
Preferred stock dividends	8	8
Net income available to common shareholders	184	243
Net income available to common shareholders	$ 184	$ 243
Basic earnings per common share (in dollars per share)	$ 0.33	$ 0.45
Diluted earnings per common share (in dollars per share)	$ 0.33	$ 0.43
Weighted average common shares (in shares)	554,977	536,938
Diluted average common shares (in shares)	557,873	571,991

FHN Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 749	$ 1,012
Interest-bearing deposits with banks	1,885	1,328
Federal funds sold and securities purchased under agreements to resell	817	719
Trading securities	1,161	1,412
Securities available for sale at fair value	8,148	8,391
Securities held to maturity (fair value of $1,131 and $1,161, respectively)	1,311	1,323
Loans held for sale (including $84 and $68 at fair value, respectively)	395	502
Loans and leases	61,753	61,292
Allowance for loan and lease losses	(787)	(773)
Net loans and leases	60,966	60,519
Premises and equipment	586	590
Goodwill	1,510	1,510
Other intangible assets	175	186
Other assets	4,096	4,169
Total assets	81,799	81,661
Liabilities
Noninterest-bearing deposits	16,410	17,204
Interest-bearing deposits	49,331	48,576
Total deposits	65,741	65,780
Trading liabilities	467	509
Short-term borrowings	2,703	2,549
Term borrowings	1,165	1,150
Other liabilities	2,550	2,382
Total liabilities	72,626	72,370
Equity
Preferred stock, Non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 26,750 shares	520	520
Common stock, $0.625 par value; authorized 700,000,000 shares; issued 548,636,986 and 558,838,694 shares, respectively	343	349
Capital surplus	5,214	5,351
Retained earnings	4,072	3,964
Accumulated other comprehensive loss, net	(1,271)	(1,188)
FHN shareholders' equity	8,878	8,996
Noncontrolling interest	295	295
Total equity	9,173	9,291
Total liabilities and equity	$ 81,799	$ 81,661

About First Horizon National Corp

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	Mr. D. Bryan Jordan
WEBSITE	firsthorizon.com
INDUSTRY	Banks Diversified
EMPLOYEES	7300

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 Tue May 07 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 Tue May 07 2024, FHN's PE ratio (Price to Earnings) is 10.23 and Price to Sales (PS) ratio is 2.54. 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 0.058 (multiply by 100 for percentage) rate of return.