FHN First Horizon Corp

  1. Stocks
  2. Financial Services
  3. NYSE: FHN

Price (delayed)

$10.88

Market cap

$5.85B

P/E Ratio

6.33

Dividend/share

$0.6

EPS

$1.72

Enterprise value

$10.16B

First Horizon Corp., with $84 billion in assets, is a leading regional financial services company, dedicated to strengthening the lives of its associates, clients, shareholders, and communities. Headquartered in Memphis, ...

Highlights
The price to earnings (P/E) is 54% less than the last 4 quarters average of 13.8 and 45% less than the 5-year quarterly average of 11.5
The net income has increased by 6% since the previous quarter
First Horizon's debt has surged by 144% YoY and by 97% QoQ
First Horizon's gross profit has decreased by 3.2% YoY
Sector: Financial Services
Industry: Banks - Regional
Website: http://www.firsthorizon.com
Peers: PNFP PNC SNV

Key stats

What are the main financial stats of FHN
Market
Shares outstanding
537.81M
Market cap
$5.85B
Enterprise value
$10.16B
Valuations
Price to earnings (P/E)
6.33
Price to book (P/B)
0.68
Price to sales (P/S)
1.84
EV/EBIT
8.31
EV/EBITDA
7.64
EV/Sales
3.2
Earnings
Revenue
$3.17B
EBIT
$1.22B
EBITDA
$1.33B
Free cash flow
$1.54B
Per share
EPS
$1.72
Free cash flow per share
$2.87
Book value per share
$16
Revenue per share
$5.91
TBVPS
$147.12
Balance sheet
Total assets
$80.73B
Total liabilities
$71.83B
Debt
$8.09B
Equity
$8.6B
Working capital
N/A
Liquidity
Debt to equity
0.94
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
3.24
Margins
EBITDA margin
41.9%
Gross margin
100%
Net margin
30.1%
Operating margin
38.9%
Efficiency
Return on assets
1.1%
Return on equity
11.2%
Return on invested capital
1.6%
Return on capital employed
N/A
Return on sales
38.5%
Dividend
Dividend yield
5.51%
DPS
$0.6
Payout ratio
34.9%

FHN stock price

How has the First Horizon stock price performed over time
Intraday
-0.18%
1 week
0%
1 month
-37.72%
1 year
-52.88%
YTD
-55.59%
QTD
-38.81%

Financial performance

How have First Horizon's revenue and profit performed over time
Revenue
$3.17B
Gross profit
$3.17B
Operating income
$1.24B
Net income
$956M
Gross margin
100%
Net margin
30.1%
The company's operating income rose by 7% QoQ
The net income has increased by 6% since the previous quarter
First Horizon's operating margin has increased by 4.6% QoQ and by 3.5% YoY
First Horizon's net margin has increased by 4.2% QoQ and by 2.7% YoY

Growth

What is First Horizon's growth rate over time

Valuation

What is First Horizon stock price valuation
P/E
6.33
P/B
0.68
P/S
1.84
EV/EBIT
8.31
EV/EBITDA
7.64
EV/Sales
3.2
The price to earnings (P/E) is 54% less than the last 4 quarters average of 13.8 and 45% less than the 5-year quarterly average of 11.5
FHN's EPS is up by 6% since the previous quarter
The stock's price to book (P/B) is 51% less than its last 4 quarters average of 1.4 and 38% less than its 5-year quarterly average of 1.1
The equity rose by 4.2% QoQ and by 2.4% YoY
The price to sales (P/S) is 50% lower than the last 4 quarters average of 3.7 and 34% lower than the 5-year quarterly average of 2.8
The revenue has declined by 3.2% year-on-year

Efficiency

How efficient is First Horizon business performance
FHN's return on assets is up by 10% since the previous quarter and by 10% year-on-year
The return on invested capital rose by 7% since the previous quarter
FHN's return on equity is up by 6% since the previous quarter
FHN's ROS is up by 4.3% since the previous quarter and by 3.2% year-on-year

Dividends

What is FHN's dividend history
Dividend details
DPS
$0.6
Dividend yield
5.51%
Payout ratio
34.9%
Recent dividends

Financial health

How did First Horizon financials performed over time
FHN's total assets is 12% greater than its total liabilities
First Horizon's total liabilities has decreased by 10% YoY but it has increased by 2% QoQ
FHN's total assets is down by 9% year-on-year but it is up by 2.2% since the previous quarter
First Horizon's debt is 6% lower than its equity
First Horizon's debt has surged by 144% YoY and by 97% QoQ
The debt to equity has surged by 141% year-on-year and by 88% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.