FHN First Horizon Corp

Price (delayed)

$16.84

Market cap

$9.21B

P/E Ratio

11.46

Dividend/share

$0.6

EPS

$1.47

Enterprise value

$9.63B

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 equity rose by 3.2% YoY
First Horizon's debt has shrunk by 52% YoY but it has increased by 4.6% QoQ
The price to earnings (P/E) is 43% more than the last 4 quarters average of 7.8 and 11% more than the 5-year quarterly average of 10.0
FHN's EPS is down by 15% year-on-year and by 7% since the previous quarter

Key stats

What are the main financial stats of FHN
Market
Shares outstanding
546.87M
Market cap
$9.21B
Enterprise value
$9.63B
Valuations
Price to book (P/B)
1.06
Price to sales (P/S)
2.95
EV/EBIT
9.33
EV/EBITDA
8.5
EV/Sales
3.04
Earnings
Revenue
$3.17B
EBIT
$1.03B
EBITDA
$1.13B
Free cash flow
$2.17B
Per share
EPS
$1.47
Free cash flow per share
$3.9
Book value per share
$15.89
Revenue per share
$5.7
TBVPS
$144.36
Balance sheet
Total assets
$81.8B
Total liabilities
$72.63B
Debt
$3.87B
Equity
$8.88B
Working capital
N/A
Liquidity
Debt to equity
0.44
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.37
Margins
EBITDA margin
35.8%
Gross margin
100%
Net margin
26.5%
Operating margin
33.2%
Efficiency
Return on assets
1%
Return on equity
9.2%
Return on invested capital
1.3%
Return on capital employed
N/A
Return on sales
32.6%
Dividend
Dividend yield
3.56%
DPS
$0.6
Payout ratio
40.8%

FHN stock price

How has the First Horizon stock price performed over time
Intraday
2.93%
1 week
3.95%
1 month
12.87%
1 year
29.74%
YTD
18.93%
QTD
6.79%

Financial performance

How have First Horizon's revenue and profit performed over time
Revenue
$3.17B
Gross profit
$3.17B
Operating income
$1.05B
Net income
$838M
Gross margin
100%
Net margin
26.5%
The company's operating income fell by 15% YoY and by 7% QoQ
First Horizon's operating margin has decreased by 15% YoY and by 6% QoQ
The net income has declined by 12% year-on-year and by 7% since the previous quarter
First Horizon's net margin has decreased by 12% YoY and by 5% QoQ

Growth

What is First Horizon's growth rate over time

Valuation

What is First Horizon stock price valuation
P/E
11.46
P/B
1.06
P/S
2.95
EV/EBIT
9.33
EV/EBITDA
8.5
EV/Sales
3.04
The price to earnings (P/E) is 43% more than the last 4 quarters average of 7.8 and 11% more than the 5-year quarterly average of 10.0
FHN's EPS is down by 15% year-on-year and by 7% since the previous quarter
The stock's price to book (P/B) is 29% more than its last 4 quarters average of 0.8 and 3% more than its 5-year quarterly average of 1.0
The equity rose by 3.2% YoY
The price to sales (P/S) is 30% higher than the last 4 quarters average of 2.2 and 6% higher than the 5-year quarterly average of 2.7

Efficiency

How efficient is First Horizon business performance
The return on invested capital has declined by 19% year-on-year
FHN's return on equity is down by 18% year-on-year and by 8% since the previous quarter
FHN's ROS is down by 15% year-on-year and by 6% since the previous quarter
FHN's return on assets is down by 9% year-on-year

Dividends

What is FHN's dividend history
DPS
$0.6
Dividend yield
3.56%
Payout ratio
40.8%
Recent dividends

Financial health

How did First Horizon financials performed over time
FHN's total assets is 13% greater than its total liabilities
First Horizon's debt is 56% lower than its equity
The debt to equity has dropped by 53% year-on-year but it rose by 7% since the previous quarter
First Horizon's debt has shrunk by 52% YoY but it has increased by 4.6% QoQ

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