FHN First Horizon Corp

Price (delayed)

$14.06

Market cap

$7.86B

P/E Ratio

8.9

Dividend/share

$0.6

EPS

$1.58

Enterprise value

$8.5B

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 14% more than the last 4 quarters average of 7.8 but 9% less than the 5-year quarterly average of 9.8
First Horizon's gross profit has increased by 3.1% YoY but it has decreased by 2.6% from 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

Key stats

What are the main financial stats of FHN
Market
Shares outstanding
558.81M
Market cap
$7.86B
Enterprise value
$8.5B
Valuations
Price to book (P/B)
0.87
Price to sales (P/S)
2.4
EV/EBIT
7.66
EV/EBITDA
7.02
EV/Sales
2.65
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
4.27%
DPS
$0.6
Payout ratio
38%

FHN stock price

How has the First Horizon stock price performed over time
Intraday
0.14%
1 week
1.3%
1 month
-1.26%
1 year
-43.42%
YTD
-0.71%
QTD
-0.71%

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
P/E
8.9
P/B
0.87
P/S
2.4
EV/EBIT
7.66
EV/EBITDA
7.02
EV/Sales
2.65
The price to earnings (P/E) is 14% more than the last 4 quarters average of 7.8 but 9% less than the 5-year quarterly average of 9.8
FHN's EPS is down by 10% since the previous quarter and by 2.5% year-on-year
The stock's price to book (P/B) is 13% less than its 5-year quarterly average of 1.0 and 3.3% less than its last 4 quarters average of 0.9
The equity rose by 9% YoY and by 6% QoQ
The price to sales (P/S) is 11% lower than the 5-year quarterly average of 2.7 but 4.3% higher than the last 4 quarters average of 2.3
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
DPS
$0.6
Dividend yield
4.27%
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.