FHN First Horizon Corp

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

Price (delayed)

$14.8

Market cap

$8.27B

P/E Ratio

9.37

Dividend/share

$0.6

EPS

$1.58

Enterprise value

$8.91B

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
First Horizon's debt has decreased by 10% YoY
The equity rose by 9% YoY and by 6% QoQ
The price to earnings (P/E) is 21% more than the last 4 quarters average of 7.8 but 4.5% less than the 5-year quarterly average of 9.9
The revenue is up by 3.1% year-on-year but it has declined by 2.6% since the previous quarter
FHN's EPS is down by 10% since the previous quarter and by 2.5% year-on-year
The net income has declined by 8% since the previous quarter
Sector: Financial Services
Industry: Banks - Regional
Website: http://www.firsthorizon.com
Peers: PNFP SNV PNC

Key stats

What are the main financial stats of FHN
Market
Shares outstanding
558.81M
Market cap
$8.27B
Enterprise value
$8.91B
Valuations
Price to earnings (P/E)
9.37
Price to book (P/B)
0.92
Price to sales (P/S)
2.53
EV/EBIT
8.03
EV/EBITDA
7.36
EV/Sales
2.78
Earnings
Revenue
$3.21B
EBIT
$1.11B
EBITDA
$1.21B
Free cash flow
$1.26B
Per share
EPS
$1.58
Free cash flow per share
$2.3
Book value per share
$16.1
Revenue per share
$5.85
TBVPS
$145.81
Balance sheet
Total assets
$81.66B
Total liabilities
$72.37B
Debt
$3.7B
Equity
$9B
Working capital
N/A
Liquidity
Debt to equity
0.41
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.53
Margins
EBITDA margin
37.8%
Gross margin
100%
Net margin
28%
Operating margin
35.2%
Efficiency
Return on assets
1%
Return on equity
10%
Return on invested capital
1.3%
Return on capital employed
N/A
Return on sales
34.6%
Dividend
Dividend yield
4.05%
DPS
$0.6
Payout ratio
38%

FHN stock price

How has the First Horizon stock price performed over time
Intraday
-0.87%
1 week
3.64%
1 month
-0.13%
1 year
-15.86%
YTD
4.52%
QTD
-3.9%

Financial performance

How have First Horizon's revenue and profit performed over time
Revenue
$3.21B
Gross profit
$3.21B
Operating income
$1.13B
Net income
$897M
Gross margin
100%
Net margin
28%
The company's operating income fell by 12% QoQ and by 2.7% YoY
First Horizon's operating margin has decreased by 10% QoQ and by 5% YoY
The net income has declined by 8% since the previous quarter
First Horizon's net margin has decreased by 6% QoQ and by 3.1% YoY

Growth

What is First Horizon's growth rate over time

Valuation

What is First Horizon stock price valuation
FHN P/E details
P/E
9.37
P/B
0.92
P/S
2.53
EV/EBIT
8.03
EV/EBITDA
7.36
EV/Sales
2.78
The price to earnings (P/E) is 21% more than the last 4 quarters average of 7.8 but 4.5% less than the 5-year quarterly average of 9.9
FHN's EPS is down by 10% since the previous quarter and by 2.5% year-on-year
The equity rose by 9% YoY and by 6% QoQ
The stock's price to book (P/B) is 7% less than its 5-year quarterly average of 1.0 but 3.3% more than its last 4 quarters average of 0.9
The price to sales (P/S) is 11% higher than the last 4 quarters average of 2.3 but 6% lower than the 5-year quarterly average of 2.7
The revenue is up by 3.1% year-on-year but it has declined by 2.6% since the previous quarter

Efficiency

How efficient is First Horizon business performance
FHN's return on assets is down by 17% since the previous quarter
The return on invested capital has declined by 13% since the previous quarter and by 13% year-on-year
FHN's ROS is down by 10% since the previous quarter and by 6% year-on-year
FHN's return on equity is down by 10% since the previous quarter and by 6% year-on-year

Dividends

What is FHN's dividend history
Dividend details
DPS
$0.6
Dividend yield
4.05%
Payout ratio
38%
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 total liabilities has increased by 2.8% YoY
FHN's total assets is up by 3.4% year-on-year
First Horizon's debt is 59% lower than its equity
The debt to equity has declined by 18% year-on-year and by 4.7% since the previous quarter
First Horizon's debt has decreased by 10% YoY

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